SEARCH   
MEMBER LOGIN    
Forgot Password?

Appliance Repair in the US: Market Research Report

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

Appliance Repair Market Research Report | NAICS 81141 | Nov 2016

Needs repair: Consumers will opt to replace, rather than repair, as per capita income increases

IBISWorld’s Appliance Repair 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
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 11-16
1.6%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
71,793
Businesses
59,425
Industry Threats & Opportunities
  • The plunging homeownership rate has reduced the industry’s potential market
  • Due to limited growth opportunities, many employing operators have been exiting the industry
  • The rate of technological change is expected to increase in the next five years
  • ... purchase to read more

Industry Analysis & Industry Trends

The past five years have been rough on the Appliance Repair industry, as strong competition has forced the industry into a decade of declining revenue. In addition to facing high internal competition in an industry with low barriers to entry swamped with non-employers, industry operators face rising external. In the coming years, As per capita disposable incomes grow faster and consumer sentiment rebounds, Americans will return to purchasing new appliances and garden equipment, rather than repairing them... ... purchase to read more

Industry Report - Industry Analysis Chapter

Over the five years to 2016, the Appliance Repair industry has continued to slide, largely in response to high external competition. The negative pressures caused by the burst of the US housing bubble and the ongoing economic slump hurt performance; meanwhile, the economic recovery and increasing disposable income have been of little help, as consumers with thicker pocketbooks purchase new appliances rather than repair the old ones. Revenue has increased slightly over the past five years, representing a bittersweet reprieve from the steep decline before the period. The industry, however, has been steadily declining, except for the temporary rebound in the middle of the period. As .. ... purchase to read more

Additional Insights for the Appliance Repair Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Appliance Repair Industry are

  • Ability to allocate product/service to area of greatest need
  • Having a good reputation
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as External competition for the Home & Garden Appliance Repair Services industry and Price of household appliances in the Appliance Repair industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Appliance Repair Industry?

    Companies in this industry repair and maintain home and garden equipment and household-type appliances, such as lawn mowers, edgers, snow- and leaf-blowers, washing machines, clothes dryers and refrigerators. Companies in this industry do not retail new equipment or appliances (IBISWorld 44411). This industry does not include automotive repairs or electronic and computer repair services (81121). Services in this industry are provided to both businesses and households.

    Industry Products
    home and garden equipment repair servicesappliance repair servicessale of spare parts electronic and precision repair servicesother personal household goods repair services
     
    Industry Activities
    Repairing and maintaining lawnmowersRepairing and maintaining edgersRepairing and maintaining snow and leaf blowersRepairing and maintaining washing machinesRepairing and maintaining clothes dryersRepairing and maintaining refrigerators


    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
  • External competition for the Home & Garden Appliance Repair Services industry
  • Price of household appliances
  • Homeownership rate
  • Per capita disposable income
  • Current Performance
  • An industry in decline
  • Small-scale servicers
  • Chart: Revenue Growth
  • Industry Outlook
  • Continued decline
  • Profit and participation
  • Table: Appliance Repair Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Appliance Repair Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Professional, Scientific and Technical Services
  • Human Resources & Benefits Administration
  • Educational Services
  • Arts, Entertainment and Recreation
  • Consumers
  • Key Selling Industries
  • Heating & Air Conditioning Equipment Manufacturing
  • Lighting & Bulb Manufacturing
  • Miscellaneous Product Manufacturing
  • Vacuum, Fan & Small Household Appliance Manufacturing
  • Products & Services
  • appliance repair services
  • home and garden equipment repair services
  • other personal household goods repair services
  • sale of spare parts
  • electronic and precision repair services
  • Chart: Appliance Repair Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Households with 1 to 2 people
  • Households with 3 to 4 people
  • Businesses
  • Households with 5 or more people
  • Government
  • Chart: Major Market Segmentation for the Appliance Repair Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Appliance Repair
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Appliance Repair Industry
  • Industry Globalization
    Major Companies
    Sears Holdings Corporation
    Best Buy Co. Inc.
  • Table: Sears Holdings Corporation - financial performance
  • Table: Best Buy Co. Inc. - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Appliance Repair 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 Appliance Repair Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Per capita disposable income (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Ammeter
  • A device that measures the flow of electrical current in amperes.
  • Do-It-Yourself (Diy)
  • A category of customers that includes homeowners who purchase products and complete their own projects.
  • Soldering Gun
  • A tool used to solder metals together using tin-based solder to achieve a highly conductive contact.
  • Voltmeter
  • An instrument used for measuring electric potential in volts.
  • Wattmeter
  • An instrument that measures the flow of power in an electrical circuit.

  • 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 Appliance Repair:
    • 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 Appliance Repair 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 Appliance Repair, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    View Sample
    Quote
    Select Clients
    Back to Top