Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Report 2026

The commercial and industrial machinery and equipment repair and maintenance market size has grown strongly in recent years. It will grow from $380.88 billion in 2025 to $407.37 billion in 2026 at a compound annual growth rate (CAGR) of 7%. The growth in the historic period can be attributed to growth in industrial machinery usage, rising need for continuous operations, increasing production intensity, growing demand for maintenance reliability, expansion of industrial infrastructure.

The commercial and industrial machinery and equipment repair and maintenance market size is expected to see strong growth in the next few years. It will grow to $543.4 billion in 2030 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to rising automation maintenance needs, increasing focus on operational efficiency, growing adoption of maintenance outsourcing, expanding industrial modernization, rising emphasis on cost optimized maintenance. Major trends in the forecast period include increasing focus on preventive maintenance services, growing adoption of predictive maintenance solutions, rising demand for efficient equipment life cycle management, expanding outsourcing of industrial maintenance operations, increasing emphasis on minimizing machinery downtime.

The expansion of industrial and manufacturing sectors is expected to propel the growth of the commercial and industrial machinery and equipment repair and maintenance market in the coming years. The industrial sector is a broad category that includes all economic activities associated with the production of commodities. The manufacturing sector is a subdivision of the industrial sector that focuses on the production of physical commodities using labor, machines, and technology. The development of the industrial and manufacturing sectors drives up demand for machinery repair and maintenance services. As production capabilities rise, it becomes increasingly important to maintain and repair equipment to reduce downtime and sustain operating efficiency. For instance, in December 2023, according to the Federal Reserve Board of Governors, a US-based governmental body in charge of monitoring the Federal Reserve Banks and assisting in implementing monetary policy, industrial output climbed by 0.2%, while manufacturing output increased by 0.3%. The increase in industrial production was more than offset by a 7.1% rebound. Further, in August 2023, according to Eurostat, a Luxembourg-based statistical office of the European Union (EU), in June 2023, seasonally adjusted industrial production rose by 0.5% in the euro area and by 0.4% in the EU compared to May 2023. Therefore, the expansion of the industrial and manufacturing sectors is driving the commercial and industrial machinery and equipment repair and maintenance market.

Major companies operating in the commercial and industrial machinery and equipment repair and maintenance market are concentrating on advanced solutions, such as AI-enabled predictive maintenance and enterprise asset management (EAM) platforms, to strengthen their competitive position. These platforms integrate real-time sensor or electrical data with machine-learning analytics to anticipate equipment failures and automate maintenance processes, helping reduce unexpected downtime and extend asset lifespan. For instance, in September 2025, MaintainX Inc., a US-based software company, introduced a new integration with Inductive Automation LLC’s Ignition Platform that automatically transforms SCADA system data into maintenance work orders when anomalies are detected or predefined intervals are met, providing real-time asset condition monitoring, alerts, and automated work-order creation. This strategy allows service providers to move from reactive maintenance to proactive, data-driven programs that enhance uptime and operational efficiency. However, this transition delivers substantial benefits while requiring customers to make upfront investments in sensor connectivity and data infrastructure.

In November 2023, DXP Enterprises Inc., a US-based distributor and service provider of industrial pumping, rotating equipment, power transmission, metalworking, and MRO (maintenance, repair, operations) services, acquired Alliance Pump & Mechanical Service Inc. for an undisclosed amount. Through this acquisition, DXP seeks to expand its geographic reach and reinforce its repair and service capabilities across municipal, water and wastewater, chemical, and general industrial sectors, thereby broadening its aftermarket services and maintenance portfolio. Alliance Pump & Mechanical Service Inc. is a US-based company specializing in industrial and municipal pump sales, servicing, and repair for chemical, water and wastewater, municipal, and general industrial customers.

Major companies operating in the commercial and industrial machinery and equipment repair and maintenance market report are Advanced Industrial Services, AIS Companies, ATS Automation Tooling Systems Inc., Brehob Corporation, Burford Corporation, Central States Industrial Equipment & Service Inc., CMS Industrial Services, EMCOR Group Inc., Equipment Service Professionals, Field Service Specialists, Industrial Service Solutions, JD Machine Corp, Konecranes Inc., KUKA Systems North America, Machinery Maintenance Inc., Maintenance Engineering Inc., McClung-Logan Equipment Company, Melton Machine & Control Company, North American Industrial Services, Northland Industrial Truck Co., Norwest Engineering Co., Precision Industrial Automation, Quality Millwright Service, Service & Repair Solutions Inc., W.W. Grainger Inc.

Asia-Pacific was the largest region in the commercial and industrial machinery and equipment repair and maintenance market in 2025. The regions covered in the commercial and industrial machinery and equipment repair and maintenance market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the commercial and industrial machinery and equipment repair and maintenance market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The commercial and industrial machinery and equipment repair and maintenance market includes revenues earned by entities by minimizing costly downtime, and lowering the risk of workplace accidents. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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