Annual Market Studies
2017 SEMA Market Report
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![]() | The SEMA Market Report provides an overview on the state of the specialty-equipment market. The 2017 report includes data collected from consumers and other sources to deliver broad insight into this $41 billion industry. The report includes:
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2016 SEMA Market Report
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![]() | The SEMA Market Report provides an overview on the state of the specialty-equipment market. The 2016 report includes data collected from businesses, consumers, and other sources to deliver broad insight into this $39 billion industry. The report includes:
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2013 SEMA Annual Market Report
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SEMA's Annual Market Report provides the industry with an overview of the state of the specialty-equipment market. In 2012, the overall retail sales reached nearly $31 billion, marking the third year of growth.
The report includes:
- The overall size of the specialty-equipment market
- Sales within specialty-equipment segments and niches
- Consumer purchase patterns
- Industry and economic trends
- Vehicle sales trends
2011 SEMA Annual Market Report
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The 2011 SEMA Market Study will provide you an overview of where the specialty-equipment market stands at the end of 2010 and provide some historical comparisons to put those results in context.Throughout the report, the specialty-equipment market will be shown in two basic category designations:
Three Segments: These are broad product categories: Appearance and Accessory Products; Racing and Performance Products; and Wheels, Tires, and Suspension.
Nine Niches: These categories focus on the application and usage of the product; Truck, Off-Road, Racing, Compact Performance, Street Performance, Restyling, Restoration, Custom, and Other.
The information for this report is compiled from a variety of sources, including interviews with manufacturers, wholesalers, and retailers, consumer surveys, and government data.
2010 Annual Market Report
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The SEMA Market Report provides a review of the automotive specialty equipment market, a somewhat difficult to define subset of the much broader automotive aftermarket industry. Within the specialty sector, SEMA tracks nine primary niches, each of which is broken into three product categories. This report is intended to help SEMA member companies identify opportunities and trends and to make better business decisions by presenting the most complete and accurate data available.Lang Marketing Resources, Inc. was selected by SEMA to conduct the research and analyze the findings for the 2010 SEMA Market Study. Lang conducted telephone interviews, internet surveys and mailed questionnaires to manufacturers, WDs, retailers and consumers to collect the data.
In addition to the data and analysis provided by Lang Marketing Resources, the report includes data from Hedges and Company, Technometrica, and SEMA's show and research departments.
2009 SEMA Market Study
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In 2008, retail sales of specialty automotive products dropped to $31.85 billion. Despite the decline, the market is up 37% compared to ten years in 1999. This report provides an overall look at the entire specialty-equipment market. This market is broken down into nine niches, and each niche contains three segments.
2008 SEMA Market Study
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In 2007, retail sales of specialty automotive products reached $38.11 billion. That's an increase of 3.8 percent from 2006, and up 79.8 percent since 1998 when retail sales hit $21.20 billion.That equates to an average annual growth of nearly 8 percent year-over-year for the past 10 years. For the consumers who purchase the specialty automotive equipment industry's products, the real distinction is that performance parts and accessories make their vehicle more enjoyable.As a result, industry sales have grown at rates that are two and three times what might be expected.
2007 SEMA Market Study
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In 2006, retail sales of specialty automotive products reached $36.73 billion. Since 1996, the automotive-specialty-equipment industry has grown 104.7% over the course of 11 years. During that same time, the average annual increase in industry sales was 7.31%. During the same time period the average increase in new-vehicle sales averaged 1.07% per year. Obviously, although new-vehicle sales have a significant impact on industry sales, there are more factors at work.
2006 SEMA Market Study
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As an industry, the companies involved in producing, selling and installing automotive performance parts and accessories are not readily recognized by the average consumer. But when it comes to the products that the industry provides, consumers quickly relate them to freedom of choice—the choice of having a car or truck just the way you want it. Performance parts and accessories give consumers the choice to adapt their vehicles to how they see themselves, to how they drive, and to how they live.
2005 SEMA Industry Update
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