Commercial & Industrial Machinery & Equipment Repair & Maintenance Industry: Statistics, Forecasts, and Company Data
Commercial & Industrial Machinery & Equipment Repair & Maintenance - Market Size and Industry Forecast
The 2023 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 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the commercial & industrial machinery & equipment repair & maintenance industry.
| Historical | Forecasted |
|---|
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|
| 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)
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
Distribution by Company Size
| Company Size | All Industries | Commercial & Industrial Machinery & Equipment Repair & Maintenance |
|---|
| Small Business (< 5 Employees) |
|
| 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:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies included).
| Industry Average | Percent 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
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 Ratio | Industry Average |
|---|
| Profitability Ratios |
|
| 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 Description | Description | Revenue
($ Millions) |
|---|
| Industry total |
|
| 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
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 5% |
|
| Chief Executives | 0% |
| General and Operations Managers | 3% |
| Sales and Related Occupations | 6% |
| Office and Administrative Support Occupations | 13% |
| Installation, Maintenance, and Repair Occupations | 47% |
| Vehicle and Mobile Equipment Mechanics, Installers, and Repairers | 7% |
| Other Installation, Maintenance, and Repair Occupations | 33% |
| Industrial Machinery Installation, Repair, and Maintenance Workers | 23% |
| Industrial Machinery Mechanics | 20% |
| Production Occupations | 15% |
| Metal Workers and Plastic Workers | 11% |
| Welding, Soldering, and Brazing Workers | 7% |
| Welders, Cutters, Solderers, and Brazers | 7% |
| Transportation and Material Moving Occupations | 5% |
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 $207,881 per company.
Commercial & Industrial Machinery & Equipment Repair & Maintenance and Adjacent Industries - Top Companies
| Company | Address | Revenue
($ Millions) |
|---|
|
