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Commercial and Industrial Machinery and Equipment Repair and Maintenance Global Market Report 2024

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    Report

  • 250 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5769497
The commercial and industrial machinery and equipment repair and maintenance market size has grown strongly in recent years. It will grow from $329.03 billion in 2023 to $355.57 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth observed in the historical period can be attributed to factors such as the expansion of the manufacturing sector, concerns related to the longevity of assets, adherence to regulatory compliance, mitigation of technological obsolescence, and the pursuit of cost-efficiency and reduction in downtime.

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 $475.04 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The anticipated growth in the forecast period can be attributed to factors such as the increasing adoption of Industry 4.0, the rising complexity of machinery, growing sustainability initiatives, global manufacturing resilience, and strategic outsourcing. Major trends expected in the forecast period include a heightened emphasis on cybersecurity in equipment maintenance, the implementation of remote monitoring and maintenance solutions, a shift towards performance-based maintenance contracts, the application of condition-based monitoring technologies, and the integration of artificial intelligence (AI) in maintenance planning.

The anticipated growth is primarily attributed to rapid urbanization and increasing economic development, which are expected to drive the commercial and industrial machinery and equipment repair sector in the future. Urbanization, indicating a shift in population from rural to urban areas, is leading to heightened usage of commercial machinery and, consequently, an increase in the need for repairs. As of April 2023, according to the World Bank, 56% of the global population (4.4 billion people) resides in cities, and this trend is projected to persist, with urban populations more than doubling by 2050. Hence, rapid urbanization and rising economic growth are key factors fueling the growth of the commercial and industrial machinery and equipment repair market.

The expansion of the industrial and manufacturing sectors is another driving force behind the anticipated growth in the commercial and industrial machinery and equipment repair and maintenance market. The industrial sector encompasses all economic activities related to commodity production, with manufacturing being a key subdivision focusing on physical commodity production using labor, machinery, and technology. The growth in these sectors increases the demand for repair and maintenance services for machinery. For example, in December 2023, based on data from the Federal Reserve Board of Governors, industrial output rose by 0.2%, and manufacturing output increased by 0.3%. The need for machinery repair and maintenance becomes crucial as production capabilities increase to minimize downtime and maintain operational efficiency. Thus, the expansion of the industrial and manufacturing sectors contributes significantly to the growth of the commercial and industrial machinery and equipment repair and maintenance market.

A notable trend in the commercial and industrial machinery market is the emergence of strategic collaborations for product innovation. Major companies operating in this market are actively engaging in collaborations to create technologically advanced products, reinforcing their market positions. An example of this trend is the collaboration between The Chemours Company, a US-based chemical company, and Bohn de Mexico, a Mexico-based commercial and industrial refrigeration equipment technology and manufacturing company. The collaboration involves the use of environmentally friendly refrigerants in Bohn de Mexico's new line of BOHN Ecoflex condensing units, aligning with sustainability goals.

Companies in the commercial and industrial machinery and equipment repair and maintenance market are focusing on innovative products, such as maintenance service apps, to enhance customer service. These apps, designed for smartphones, facilitate the management and execution of maintenance services for various resources, machinery, or facilities. Foley Equipment, a US-based construction machinery equipment company, launched Foley Lynx in September 2021. This custom-built communications solution enables real-time technical support, allowing specialists to visually diagnose equipment issues through customers' smartphones and exchange information effectively. Foley Lynx adds a visual dimension to diagnostics, enhancing customer experience and communication in real-time.

Major companies operating in the commercial and industrial machinery and equipment repair and maintenance market report are General Electric Company, Siemens AG, Caterpillar Inc., Deloitte Touche Tohmatsu Limited, PricewaterhouseCoopers LLP, Deere & Company, Wrench Deere & Company LLC, Ernst & Young Global Limited, Schneider Electric SE, Honeywell International Inc., KPMG International Cooperative, Linde PLC, ABB Ltd., CNH Industrial N.V., Emerson Electric Co., Mazars Group, MSP Secretaries Limited, TMF Group, Advanced Technology Services Inc., Tricor Group Limited, Exline Inc., SuperService LLC, PSI Repair Services LLC, GoCodes Inc., L&H Industrial Co. Ltd., Indufit Machine Tools Private Limited, Astro Machine Works Inc., Luther Corporate Services Pte Ltd., Heavy Equipment Mechanical LLC, Hidramar Group S.L.

Asia-Pacific was the largest region in the commercial and industrial machinery and equipment repair and maintenance market in 2023. The regions covered in the commercial and industrial machinery and equipment repair and maintenance market report are Asia-Pacific, 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 Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, 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 primary types of commercial and industrial machinery and equipment repair and maintenance are categorized into commercial machinery repair and maintenance, and industrial machinery repair and maintenance. Commercial machinery repair and maintenance specifically focus on the upkeep of machinery used in various commercial applications. These applications span across sectors such as agriculture, construction, packaging, food processing, mining, semiconductor manufacturing, and other related industries.

The commercial and industrial machinery and equipment repair and maintenance market research report is one of a series of new reports that provides commercial and industrial machinery and equipment repair and maintenance market statistics, including commercial and industrial machinery and equipment repair and maintenance industry global market size, regional shares, competitors with a commercial and industrial machinery and equipment repair and maintenance market share, detailed commercial and industrial machinery and equipment repair and maintenance market segments, market trends and opportunities, and any further data you may need to thrive in the commercial and industrial machinery and equipment repair and maintenance industry. This commercial and industrial machinery and equipment repair and maintenance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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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Table of Contents

1. Executive Summary2. Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Characteristics
3. Commercial and Industrial Machinery and Equipment Repair and Maintenance Product/Service Analysis -Product/Service Examples
3.1. Commercial and Industrial Machinery and Equipment Repair and Maintenance Supply Chain Analysis
3.1.1. Commercial and Industrial Machinery and Equipment Repair and Maintenance Resources
3.1.2. Commercial and Industrial Machinery and Equipment Repair and Maintenance Manufacturers
3.1.3. Commercial and Industrial Machinery and Equipment Repair and Maintenance Distributors and Retailers
3.1.4. Commercial and Industrial Machinery and Equipment Repair and Maintenance End Users
3.2. Commercial and Industrial Machinery and Equipment Repair and Maintenance Customer Information
4. Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Trends and Strategies
5. Commercial and Industrial Machinery and Equipment Repair and Maintenance Market - Macro Economic Scenario
5.1. Impact of High Inflation on the Market
5.2. Ukraine-Russia War Impact on the Market
5.3. COVID-19 Impact on the Market
6. Global Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Size and Growth
6.1. Global Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Drivers and Restraints
6.1.1. Drivers of the Market
6.1.2. Restraints of the Market
6.2. Global Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market Size and Growth, 2018-2023, Value ($ Billion)
6.3. Global Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
7. Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Segmentation
7.1. Global Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Commercial Machinery Repair and Maintenance
  • Industrial Machinery Repair and Maintenance
7.2. Global Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Agriculture
  • Construction
  • Packaging
  • Food Processing
  • Mining
  • Semiconductor Manufacturing
  • Other Applications
8. Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Regional and Country Analysis
8.1. Global Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.2. Global Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. Asia-Pacific Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
9.1. Asia-Pacific Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
9.2. Asia-Pacific Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9.3. Asia-Pacific Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10. China Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
10.1. China Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Overview
10.2. China Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10.3. China Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
11. India Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
11.1. India Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. India Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Japan Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
12.1. Japan Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Overview
12.2. Japan Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Japan Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Australia Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
13.1. Australia Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Australia Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. Indonesia Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
14.1. Indonesia Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. Indonesia Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. South Korea Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
15.1. South Korea Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Overview
15.2. South Korea Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. South Korea Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. Bangladesh Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
16.1. Bangladesh, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
16.2. Bangladesh, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
17. Thailand Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
17.1. Thailand, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
17.2. Thailand, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
18. Vietnam Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
18.1. Vietnam, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
18.2. Vietnam, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
19. Malaysia Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
19.1. Malaysia, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
19.2. Malaysia, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
20. Singapore Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
20.1. Singapore, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
20.2. Singapore, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
21. Philippines Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
21.1. Philippines, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
21.2. Philippines, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
22. Hong kong Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
22.1. Hong Kong, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
22.2. Hong Kong, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
23. New Zealand Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
23.1. New Zealand, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
23.2. New Zealand, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
24. Western Europe Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
24.1. Western Europe Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Overview
24.2. Western Europe Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. Western Europe Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. UK Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
25.1. UK Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.2. UK Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. Germany Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
26.1. Germany Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.2. Germany Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. France Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
27.1. France Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. France Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Italy Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
28.1. Italy Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.2. Italy Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Spain Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
29.1. Spain Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.2. Spain Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Austria Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
30.1. Austria, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
30.2. Austria, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
31. Belgium Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
31.1. Belgium, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
31.2. Belgium, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
32. Denmark Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
32.1. Denmark, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
32.2. Denmark, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
33. Finland Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
33.1. Finland, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
33.2. Finland, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
34. Ireland Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
34.1. Ireland, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
34.2. Ireland, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
35. Netherlands Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
35.1. Netherlands, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
35.2. Netherlands, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
36. Norway Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
36.1. Norway, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
36.2. Norway, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
37. Portugal Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
37.1. Portugal, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
37.2. Portugal, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
38. Sweden Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
38.1. Sweden, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
38.2. Sweden, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
39. Switzerland Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
39.1. Switzerland, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
39.2. Switzerland, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
40. Eastern Europe Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
40.1. Eastern Europe Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Overview
40.2. Eastern Europe Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
40.3. Eastern Europe Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41. Russia Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
41.1. Russia Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41.2. Russia Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
42. Czech Republic Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
42.1. Czech Republic, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
42.2. Czech Republic, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
43. Poland Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
43.1. Poland, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
43.2. Poland, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
44. Romania Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
44.1. Romania, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
44.2. Romania, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
45. Ukraine Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
45.1. Ukraine, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
45.2. Ukraine, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
46. North America Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
46.1. North America Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Overview
46.2. North America Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
46.3. North America Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47. USA Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
47.1. USA Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Overview
47.2. USA Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47.3. USA Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48. Canada Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
48.1. Canada Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Overview
48.2. Canada Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48.3. Canada Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
49. Mexico Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
49.1. Mexico, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
49.2. Mexico, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
50. South America Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
50.1. South America Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Overview
50.2. South America Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
50.3. South America Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51. Brazil Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
51.1. Brazil Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51.2. Brazil Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
52. Chile Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
52.1. Chile, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
52.2. Chile, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
53. Argentina Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
53.1. Argentina, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
53.2. Argentina, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
54. Colombia Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
54.1. Colombia, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
54.2. Colombia, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
55. Peru Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
55.1. Peru, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
55.2. Peru, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
56. Middle East Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
56.1. Middle East Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Overview
56.2. Middle East Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
56.3. Middle East Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
57. Saudi Arabia Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
57.1. Saudi Arabia, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
57.2. Saudi Arabia, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
58. Israel Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
58.1. Israel, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
58.2. Israel, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
59. Iran Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
59.1. Iran, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
59.2. Iran, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
60. Turkey Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
60.1. Turkey, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
60.2. Turkey, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
61. United Arab Emirates Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
61.1. United Arab Emirates, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
61.2. United Arab Emirates, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
62. Africa Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
62.1. Africa Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Overview
62.2. Africa Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
62.3. Africa Commercial and Industrial Machinery and Equipment Repair and Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
63. Egypt Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
63.1. Egypt, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
63.2. Egypt, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
64. Nigeria Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
64.1. Nigeria, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
64.2. Nigeria, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
65. South Africa Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
65.1. South Africa, Commercial and Industrial Machinery and Equipment Repair and Maintenance Historic Market, 2018-2023, $ Billion
65.2. South Africa, Commercial and Industrial Machinery and Equipment Repair and Maintenance Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
66. Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Competitive Landscape and Company Profiles
66.1. Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Competitive Landscape
66.2. Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Company Profiles
66.2.1. General Electric Company
66.2.1.1. Overview
66.2.1.2. Products and Services
66.2.1.3. Strategy
66.2.1.4. Financial Performance
66.2.2. Siemens AG
66.2.2.1. Overview
66.2.2.2. Products and Services
66.2.2.3. Strategy
66.2.2.4. Financial Performance
66.2.3. Caterpillar Inc.
66.2.3.1. Overview
66.2.3.2. Products and Services
66.2.3.3. Strategy
66.2.3.4. Financial Performance
66.2.4. Deloitte Touche Tohmatsu Limited
66.2.4.1. Overview
66.2.4.2. Products and Services
66.2.4.3. Strategy
66.2.4.4. Financial Performance
66.2.5. PricewaterhouseCoopers LLP
66.2.5.1. Overview
66.2.5.2. Products and Services
66.2.5.3. Strategy
66.2.5.4. Financial Performance
67. Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Other Major and Innovative Companies
67.1. Deere & Company
67.2. Wrench Deere & Company LLC
67.3. Ernst & Young Global Limited
67.4. Schneider Electric SE
67.5. Honeywell International Inc.
67.6. KPMG International Cooperative
67.7. Linde PLC
67.8. ABB Ltd.
67.9. CNH Industrial N.V.
67.10. Emerson Electric Co.
67.11. Mazars Group
67.12. MSP Secretaries Limited
67.13. TMF Group
67.14. Advanced Technology Services Inc.
67.15. Tricor Group Limited
68. Global Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Competitive Benchmarking69. Global Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Competitive Dashboard70. Key Mergers and Acquisitions in the Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
71. Commercial and Industrial Machinery and Equipment Repair and Maintenance Market Future Outlook and Potential Analysis
71.1 Commercial and Industrial Machinery and Equipment Repair and Maintenance Market in 2028 - Countries Offering Most New Opportunities
71.2 Commercial and Industrial Machinery and Equipment Repair and Maintenance Market in 2028 - Segments Offering Most New Opportunities
71.3 Commercial and Industrial Machinery and Equipment Repair and Maintenance Market in 2028 - Growth Strategies
71.3.1 Market Trend-based Strategies
71.3.2 Competitor Strategies
72. Appendix
72.1. Abbreviations
72.2. Currencies
72.3. Historic and Forecast Inflation Rates
72.4. Research Inquiries
72.5. About the Analyst
72.6. Copyright and Disclaimer

Executive Summary

Commercial and Industrial Machinery and Equipment Repair and Maintenance Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on commercial and industrial machinery and equipment repair and maintenance market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for commercial and industrial machinery and equipment repair and maintenance? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Type: Commercial Machinery Repair and Maintenance; and Industrial Machinery Repair and Maintenance
2) By Application: Agriculture; Construction; Packaging; Food Processing; Mining; Semiconductor Manufacturing; Other Applications

Key Companies Mentioned: General Electric Company; Siemens AG; Caterpillar Inc.; Deloitte Touche Tohmatsu Limited; PricewaterhouseCoopers LLP

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

  • General Electric Company
  • Siemens AG
  • Caterpillar Inc.
  • Deloitte Touche Tohmatsu Limited
  • PricewaterhouseCoopers LLP
  • Deere & Company
  • Wrench Deere & Company LLC
  • Ernst & Young Global Limited
  • Schneider Electric SE
  • Honeywell International Inc.
  • KPMG International Cooperative
  • Linde PLC
  • ABB Ltd.
  • CNH Industrial N.V.
  • Emerson Electric Co.
  • Mazars Group
  • MSP Secretaries Limited
  • TMF Group
  • Advanced Technology Services Inc.
  • Tricor Group Limited
  • Exline Inc.
  • SuperService LLC
  • PSI Repair Services LLC
  • GoCodes Inc.
  • L&H Industrial Co. Ltd.
  • Indufit Machine Tools Private Limited
  • Astro Machine Works Inc.
  • Luther Corporate Services Pte Ltd
  • Heavy Equipment Mechanical LLC
  • Hidramar Group S.L.

Methodology

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Table Information