The Auto Customization Shops industry has experienced a bumpy road over the past five years. Industry revenue is expected to fall 0.7% annually on average over the five years to 2012, with revenue estimated to grow 2.7% in 2012 to $4.4 billion. The recession has had lingering effects on the industry, with consumers holding off non-essential alterations and customizations of their vehicles. Still, from 2010 to 2012, consumer spending has increased, which has resulted in a steady increase in spending on car customization and rising revenue for auto customization shops. Changes in automotive electronics and stereos have driven demand for industry services over the last five years and will bolster revenue in the five years to 2017. For this reason, industry research firm IBISWorld has added a report on the Auto Customization Shops industry to its growing industry report collection.

(PRWeb January 28, 2012)

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