According to SEMA Market Research, the overall accessory and appearance product segment, which contains mobile-electronics products, comprises $12.94 billion of the entire $33 billion market.
According to SEMA Market Research, sales for the light-truck market reached $5.57 billion in 2013, which is an 8% increase compared to 2012.
In 2013, sales of automotive specialty-equipment products reached $33 billion—a 6.7% increase over the previous year, according to the 2014 SEMA Annual Market Report.
Did you know 82% of UTV owners have purchased or plan to purchase upgrades to their vehicle? This means more than 410,000 households in the United States buy UTV accessories with the average accessorizer spending $1,700 on these parts.
SEMA has released a new powersports study highlighting the existing opportunities in the utility task vehicle (UTV) market for a range of specialty-equipment companies.
Knowledge can be the difference between you and your competition. The SEMA Market Research team works hard to provide you with the information needed to maintain a prosperous business. A variety of market research reports are available to SEMA members, most at no charge.
The SEMA Financial Benchmarking program was developed to provide companies with a means to measure and compare their business operations against others in the specialty-equipment industry.
Did you know that light-truck specialty-equipment retail sales are more than $4.65 billion?
Through a special partnership with Foresight Marketing Research, SEMA
Market Research is offering an exclusive report download for members
only. Foresight’s 2011 Automotive Accessory Market Study
is now available for member download. This new report offers insights
into the accessory interest and buying habits of new-vehicle owners.