facebooktwitterlinkedinyoutube

2019 SEMA Market Report: Pickup Upgrades Remain Largest Industry Sector

2019 SEMA Market Report: Pickup Upgrades Remain Largest Industry Sector

Pickup upgrades are the largest sector of the specialty-equipment industry, accounting for 27% of total retail dollars, followed by mid-range cars and SUVs (including the Jeep Wrangler). This aligns with the composition of vehicles on the road. However, the industry is large, offers a wide array of different products, and customer interests vary. As such, sales for all vehicle types contribute to the overall market.

The specialty-equipment industry continues to grow at a fast pace. Last year, American consumers spent $44.6 billion on specialty aftermarket parts. SEMA projects that the market will continue to grow through the end of 2019 and bring retail sales close to a new high of nearly $46 billion.

Do you have the information you need to keep up? Head to www.sema.org/research and download the 2019 SEMA Market Report for free today to learn more about the market and your consumers.

More News Here

Click to view ACTIONaBr now!

Subscribe to the aBrHotwire Newsletter Today

Automotive Export Manual 2019