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Machinery Maintenance & Heavy Equipment Repair Services in the US
IBISWorld, May 2009, Pages: 39
This industry comprises establishments primarily engaged in the repair and maintenance of commercial and industrial machinery and equipment. Establishments in this industry either sharpen/install commercial and industrial machinery blades and saws or provide welding (e.g., automotive, general) repair services; or repair agricultural and other heavy and industrial machinery and equipment (e.g., forklifts and other materials handling equipment, machine tools, commercial refrigeration equipment, construction equipment, and mining machinery). 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.
Introduction
Recession-proof
Machinery maintenance is essential to the smooth-running of any industry that relies on machines to fulfill production quotas and deadlines. Many manufacturers take advantage of downturns in demand to carry out repair and preventive maintenance work, keeping this industry in business. The trend towards greater outsourcing of machinery maintenance has kept the industry in a growth phase, although it is expected to move into maturity over the next five years.
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