Machinery Maintenance & Heavy Equipment Repair Services in the US - Industry Market Research Report

Machinery Maintenance & Heavy Equipment Repair Services in the US - Industry Market Research Report

Machinery Maintenance & Heavy Equipment Repair Services in the US

Servicers in the Machinery Maintenance and Heavy Equipment Repair Services industry perform maintenance and repair (M&R) services on machinery and equipment (M&E) used broadly across the US economy, including in the agricultural, construction, retail and manufacturing sectors. Industry performance endured fluctuations over the past five years, as demand is primarily determined by activity within the industrial production and manufacturing sectors, along with the overall condition of the macroeconomic environment. Commercial activity and corporate profit also significantly influence industry demand since servicers maintain and repair kitchen-related equipment for restaurants and butcher shops, in addition to washing machines and dryers for laundromats.

This industry provides maintenance and repair (M&R) for commercial, industrial, agricultural and other types of machinery and equipment (M&E). Services include motor repair, blade sharpening and commercial refrigeration repair. While this industry performs automobile welding services, it does not conduct general automotive and electronic repairs, which are performed by the Auto Mechanics (IBISWorld report 81111) and Electronic and Computer Repair Services (81121) industries.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.