2024 Commercial & Industrial Machinery & Equipment Repair & Maintenance Industry Research Report

Commercial & Industrial Machinery & Equipment Repair & Maintenance - Market Size and Industry Forecast

The 2024 Commercial and Industrial Machinery and Equipment Repair and Maintenance Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the commercial & industrial machinery & equipment repair & maintenance industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

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% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Commercial & Industrial Machinery & Equipment Repair & Maintenance - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Commercial & Industrial Machinery & Equipment Repair & Maintenance companies in the United States.

Commercial & Industrial Machinery & Equipment Repair & Maintenance Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesCommercial & Industrial Machinery & Equipment Repair & Maintenance
Small Business (< 5 Employees)

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Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Commercial & Industrial Machinery & Equipment Repair & Maintenance - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

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Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Commercial & Industrial Machinery & Equipment Repair & Maintenance - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

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Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Commercial & Industrial Machinery & Equipment Repair & Maintenance - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

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Maint & repair - industrial machinery & equipment
Maint & repair - commercial & service industry machinery & equip
Maint & repair - general purpose machinery & equipment
Maint & repair - agr, const, mining & forestry machinery & equip
Resale of merchandise
Maint & repair - other general purpose machinery & equipment
Maint & repair - general machinery & equip - comm refrigeration
Maint & repair - other business machinery & equipment
Resale of merchandise - resale of parts not included in repair

Commercial & Industrial Machinery & Equipment Repair & Maintenance - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations5%

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Chief Executives0%
General and Operations Managers3%
Sales and Related Occupations6%
Office and Administrative Support Occupations13%
Installation, Maintenance, and Repair Occupations47%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers7%
Other Installation, Maintenance, and Repair Occupations33%
Industrial Machinery Installation, Repair, and Maintenance Workers23%
Industrial Machinery Mechanics20%
Production Occupations15%
Metal Workers and Plastic Workers11%
Welding, Soldering, and Brazing Workers7%
Welders, Cutters, Solderers, and Brazers7%
Transportation and Material Moving Occupations5%

Government Contracts

In the past, the federal government spent an annual total of $542,360,227 on the commercial & industrial machinery & equipment repair & maintenance industry. It has awarded 9,551 contracts to 2,609 companies, with an average value of $207,881 per company.

Commercial & Industrial Machinery & Equipment Repair & Maintenance and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Commercial & Industrial Machinery & Equipment Repair & Maintenance Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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