2024 Electronic & Precision Equipment Repair & Maintenance Industry Research Report

Electronic & Precision Equipment Repair & Maintenance - Market Size and Industry Forecast

The 2024 Electronic and Precision 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 electronic & precision 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.

Electronic & Precision 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 Electronic & Precision Equipment Repair & Maintenance companies in the United States.

Electronic & Precision Equipment Repair & Maintenance Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesElectronic & Precision 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)

Electronic & Precision 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


Electronic & Precision 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

Electronic & Precision Equipment Repair & Maintenance - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

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Maint & repair - computer & peripheral equipment, except monitors
Maint & repair - other electronic & precision equipment
Maint & repair - communications equipment
Maint & repair - computer hardware, excluding hard-drives
Maint & repair - computer hard-drives, including back-ups/recoveries
Maint & repair - precision electronic medical equipment
Maintenance & repair services for consumer electronics
Maint & repair - comp peripheral equipment, excluding monitors
Resale of merchandise

Electronic & Precision Equipment Repair & Maintenance - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations6%

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Chief Executives0%
General and Operations Managers3%
Computer and Mathematical Occupations7%
Computer Occupations7%
Sales and Related Occupations6%
Office and Administrative Support Occupations18%
Installation, Maintenance, and Repair Occupations50%
Electrical and Electronic Equipment Mechanics, Installers, and Repairers32%
Computer, Automated Teller, and Office Machine Repairers18%
Computer, Automated Teller, and Office Machine Repairers18%
Radio and Telecommunications Equipment Installers and Repairers6%
Miscellaneous Electrical and Electronic Equipment Mechanics, Installers, and Repairers9%
Other Installation, Maintenance, and Repair Occupations14%
Precision Instrument and Equipment Repairers11%
Medical Equipment Repairers8%

Government Contracts

In the past, the federal government spent an annual total of $1,905,517,610 on the electronic & precision equipment repair & maintenance industry. It has awarded 24,527 contracts to 4,129 companies, with an average value of $461,496 per company.

Electronic & Precision Equipment Repair & Maintenance and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Electronic & Precision Equipment Repair & Maintenance Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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