Automotive specialty equipment market reaches $43 billion

[Jeff@DaumPhotography]

SEMA Press Release just published their 2018 Market Report. It has some interesting highlights including:


• Pickup products accounted for $12.44 billion (29%) of sales in 2017
• In-store purchases accounted for roughly two-thirds of all retail sales in 2017
• 33% of all specialty-equipment consumers were under 30 years old
• 42% of all forced induction products (turbochargers, superchargers, etc.) purchased were DIY installed

As in the past I will be covering SEMA 2018 this coming October. Stay tuned

[John]

Thank you Jeff. $43,000,000,000 is a staggering amount of money. Intersting to see the breakout on 32% of the consumers of aftermarket products were under 30. Not surprising, in fact the opposite, that 70% of the “mod maniacs” (yes, I am one), are over 30.

We thank you in advance for being our SEMA eyes and ears. This will be my first year in three I have not gone, and I know you will bring back many of the show’s exciting vehicles for us all here.

[JB]

Porsche has lead the way in tapping into the personalization of new vehicles and charging big money for it...

corvette would do well to follow with less aggressive option pricing...

why let the aftermarket reap all the rewards? Is porsches motto...

low volume model aftermarket items do seem to get pricey,,,

the higher the production numbers of a vehicle the more affordable some of these aftermarket items can become..