2024 Appliance Repair & Maintenance Industry Statistics Report

Appliance Repair & Maintenance - Market Size and Industry Forecast

The 2024 Appliance 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 Appliance Repair & Maintenance industry.

Market Size (Total Revenue)


% 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.

Appliance 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 Appliance Repair & Maintenance companies in the United States.

Appliance Repair & Maintenance Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesAppliance Repair & Maintenance
Small Business (< 5 Employees)


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

Appliance 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


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



Depreciation and Amortization

Officer Compensation

Net Income

Appliance 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


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

Appliance Repair & Maintenance - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Maint & repair - appliances & powered household equipment
Maint & repair - major household-type appliances
Maint & repair - other appliances & household equipment
Resale of merchandise
Resale of merchandise - resale of new equipment
Maintenance & repair services for consumer electronics
Maint & repair - consumer elect - televisions & computer monitors
Maint & repair - commercial & service industry machinery & equip
Resale of merchandise - resale of parts not included in repair

Appliance Repair & Maintenance - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%


General and Operations Managers2%
Sales and Related Occupations6%
Office and Administrative Support Occupations16%
Other Office and Administrative Support Workers6%
Office Clerks, General5%
Office Clerks, General5%
Installation, Maintenance, and Repair Occupations39%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers12%
Small Engine Mechanics10%
Motorboat Mechanics and Service Technicians6%
Other Installation, Maintenance, and Repair Occupations24%
Home Appliance Repairers14%
Home Appliance Repairers14%
Production Occupations30%
Textile, Apparel, and Furnishings Workers18%
Miscellaneous Textile, Apparel, and Furnishings Workers9%

Government Contracts

In the past, the federal government spent an annual total of $18,709,079 on the appliance repair & maintenance industry. It has awarded 696 contracts to 159 companies, with an average value of $117,667 per company.

Appliance Repair & Maintenance and Adjacent Industries - Top Companies

($ Millions)


Appliance Repair & Maintenance Industry Research
GeographyUnited States  
Publication DateJuly 2024
Report FormatPDF Download  PDF

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