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

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Machinery Maintenance & Heavy Equipment Repair Services Market Research Report | NAICS 81131 | Apr 2017

Scheduled maintenance: Revenue will rise as economic growth accelerates equipment depreciation

IBISWorld’s Machinery Maintenance & Heavy Equipment Repair Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
Annual Growth
Industry Threats & Opportunities
  • Economic recovery has led to increased equipment depreciation, boosting demand
  • The industry has increased its focus on preventive and predictive maintenance
  • Growth in downstream business activity is expected to increase M&E wear and tear
  • ... purchase to read more

Industry Analysis & Industry Trends

The Machinery Maintenance and Heavy Equipment Repair Services industry experienced volatile demand over the past five years. Operators in this industry serve as contractors that perform maintenance and repair (M&R) services on machinery and equipment (M&E) used broadly across the US economy. Economic improvements over the past five years has led to increased business activity and, therefore, growth in M&E depreciation. It also bolstered profit margins for the downstream sectors using this industry's services. The industry is expected to continue growing in the five years to 2022. As economic growth continues, downstream business activity and profit margins are expected to rise more rapidly, leading to greater demand for M&R services... ... purchase to read more

Industry Report - Industry Products Chapter

M&R of industrial M&E

Maintenance and repair (M&R) services for industrial machinery and equipment (M&E) account for the largest share of industry revenue. While machinery is heavily used in most sectors of the technologically advanced US economy, it is particularly prevalent in manufacturing. As a result, US manufacturers regularly demand the industry's services. Industry operators provide M&R services on a wide range of industrial M&E, including the metal cutting, grinding, buffering, drilling and polishing M&E produced by the Metalworking Machinery Manufacturing industry (IBISWorld report 33351). Ind.. ... purchase to read more

Additional Insights for the Machinery Maintenance & Heavy Equipment Repair Services Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Machinery Maintenance & Heavy Equipment Repair Services Industry are

  • Securing contracts with large manufacturers
  • Proximity to key markets
  • Highly trained and skilled workforce
  • IBISWorld analysts also discuss how external factors such as Industrial production index and Consumer spending in the Machinery Maintenance & Heavy Equipment Repair Services industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Machinery Maintenance & Heavy Equipment Repair Services Industry?

    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.

    Industry Products
    M&R of industrial M&EM&R of commercial and service sector M&E (excluding refrigeration)Other M&RM&R of agricultural, construction, mining and forestry machinery M&EResale of merchandiseM&R of commercial refrigeration equipment
    Industry Activities
    Industrial machinery and equipment M&RCommercial and service-industry machinery and equipment M&RGeneral-purpose machinery and equipment M&RHeavy machinery and equipment M&RReselling merchandiseCommercial refrigeration M&RHydraulic equipment M&RWelding repair services (e.g. automotive, general)

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Industrial production index
  • Consumer spending
  • Price of steel
  • Private investment in industrial equipment and machinery
  • Demand from agriculture, forestry, fishing and hunting
  • Value of construction
  • Current Performance
  • Volatile demand
  • Growth in maintenance services
  • Profit growth
  • Chart: Revenue Growth
  • Industry Outlook
  • Continued growth in downstream demand
  • New machinery
  • More M&R outsourcing
  • Profit
  • Table: Machinery Maintenance & Heavy Equipment Repair Services Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Machinery Maintenance & Heavy Equipment Repair Services Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Agriculture, Forestry, Fishing and Hunting
  • Mining
  • Construction
  • Metalworking Machinery Manufacturing
  • Public Storage & Warehousing
  • Refrigerated Storage
  • Key Selling Industries
  • Electrical Equipment Wholesaling
  • Gasoline & Petroleum Wholesaling
  • Refrigeration Equipment Wholesaling
  • Wholesale Trade
  • Products & Services
  • M&R of industrial M&E
  • Other M&R
  • M&R of commercial and service sector M&E (excluding refrigeration)
  • M&R of agricultural, construction, mining and forestry machinery M&E
  • Resale of merchandise
  • M&R of commercial refrigeration equipment
  • Chart: Machinery Maintenance & Heavy Equipment Repair Services Industry Products and Services Segmentation
  • Demand Determinants
  • Downstream industry activity
  • Investment in new machinery
  • Technological changes
  • Outsourcing
  • Major Markets
  • Manufacturing industries
  • Retail, wholesale and service industries
  • Agricultural, construction, mining and forestry industries
  • State and local governments
  • Individuals
  • Federal government
  • Nonprofit organization
  • Chart: Major Market Segmentation for the Machinery Maintenance & Heavy Equipment Repair Services Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation, rent, utilities, marketing and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Machinery Maintenance & Heavy Equipment Repair Services
  • Basis of Competition
  • Internal Competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Machinery Maintenance & Heavy Equipment Repair Services Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Machinery Maintenance & Heavy Equipment Repair Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Machinery Maintenance & Heavy Equipment Repair Services Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Industrial Production Index (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
  • A machine component that restricts and controls the movement of parts. Used in a large number of machines that this industry operates on.
  • Electric Arc Furnace
  • Machinery used to produce steel by shooting electricity between electrodes to burn pig iron and other materials.
  • Predictive Maintenance
  • Noninvasive techniques that detect the earliest signs of equipment malfunction to determine when a repair should be made.
  • Preventive Maintenance
  • Routine inspections and parts replacements designed to prevent unforeseen breakage of equipment and machinery.
  • Thermography
  • The use of infrared vision to spot irregularities in machinery and equipment that cannot be detected by the naked eye.
  • Vibration Monitoring
  • The reading of machinery vibrations and comparison of findings with previous readings as a means of detecting machinery faults.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Machinery Maintenance & Heavy Equipment Repair Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Machinery Maintenance & Heavy Equipment Repair Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Machinery Maintenance & Heavy Equipment Repair Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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