This U.S. industry comprises establishments primarily engaged in replacing, repairing, and/or tinting automotive vehicle, such as passenger car, truck, and van, glass.
The automotive glass replacement industry (NAICS 811122) has been experiencing several qualitative trends driven by technological advancements and changing consumer behaviors. One notable trend is the increasing integration of advanced driver-assistance systems (ADAS) in modern vehicles. These systems, which include lane departure warnings and automatic emergency braking, rely heavily on camera and sensor-based technologies embedded in the vehicle's glass. Consequently, automotive glass replacement shops must now invest in specialized training and equipment to properly calibrate ADAS after glass replacement.
Another trend is the shift towards sustainable practices. Consumers and regulatory bodies alike are putting more emphasis on environmental impact, leading shops to adopt eco-friendly materials and recycling practices. There is also a growing preference for using high-quality aftermarket glass to meet environmental and safety standards, making it a focal point for businesses aiming to gain a competitive edge.
In terms of forecasts, the industry is expected to continue its growth trajectory, driven by an increase in the number of vehicles on the road and the growing complexity of automotive glass due to technological advancements. Shops that can adapt to these changes by offering specialized services and embracing sustainable practices are likely to thrive. Additionally, the rise of mobile glass repair services is expected to continue, as consumers increasingly favor convenience and time-saving options for vehicle maintenance.
Overall, businesses in the automotive glass replacement sector that prioritize innovation, training, and sustainability will be well-positioned to capture market share and drive growth in the near future.
Automotive glass shops
Glass installation, automotive repair
Glass shops, automotive
Glass tinting, automotive
Glass work, automotive
Window tinting, automotive
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.