Strong parts: Construction and manufacturing activities are likely to improve and boost demand

The industry has expanded over the past five years as the overall upturn in construction activity increased asset utilisation levels and propelled demand for repair and maintenance services. Slow  growth in manufacturing activity also boosted demand, as manufacturing firms are the industry’s largest downstream market. However, difficulties faced by firms in the agricultural sector and sharp declines in mining and quarrying activity constrained industry expansion. Businesses capital spending also came under pressure following the EU referendum and had a negative influence, as demand for industry services tends to rise when downstream firms invest more in machinery that needs to be repaired and maintained. Industry revenue is expected to rise at a compound annual rate of 1.5%...read more.

Industry Statistics & Market Size
Revenue
£4.9bn
Annual Growth 15-20
1.5%
Forecast Growth 20-25
Profit
Employment
35,038
Businesses
4,267
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Growth has been constrained by declines in demand from firms in the agricultural sector
  • Manufacturers have increasingly outsourced activities to specialist companies, boosting demand
  • Construction activity, supported by government initiatives, is set to improve and boost industry demand
  • Industry Report - Industry Locations Chapter

    Industry establishments are relatively well spread across all regions in the United Kingdom. Major location determinants are proximity to major industries and the availability of suitable labour. Historical factors also influence where establishments are located. For instance, the founder may have placed the company in the region where they lived.The South EastThe South East has the highest percentage of industry establishments, at approximately 11.8% of the total. It has the second largest regional economy in the United Kingdom after London and hence has a high level of demand for various types of repair and maintenance services. Som...purchase to read more.

    Additional Insights for the Machinery Repair & Maintenance Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Machinery Repair & Maintenance Industry are

  • Ability to provide goods/services in diverse locations
  • Highly trained workforce
  • Maintenance of excellent customer relations
  • IBISWorld analysts also discuss how external factors such as Downstream demand from manufacturing and Business capital expenditure in the Machinery Repair & Maintenance industry impact industry performance..

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    What's in this report

    What is the Machinery Repair & Maintenance Industry?

    This industry covers the repair and maintenance of industrial machinery and equipment across a range of manufacturing, construction, agricultural, energy, and mining and quarrying industries. The services offered include sharpening or installing machinery blades and saws, welding and general repairs and maintenance.

    Industry Products
  • Repairing and maintaining lifting and handling equipment
  • Repairing and maintaining engines and turbines
  • Repairing and maintaining pumps and compressors
  • Repairing and maintaining cooling and ventilation equipment
  • Repairing and maintaining mining and quarrying equipment
  • Industry Activities
  • Repairing and maintaining agricultural, forestry and logging machinery
  • Repairing and maintaining commercial general-purpose machinery
  • Repairing and maintaining lifting and handling equipment, such as lifts and elevators
  • Repairing and maintaining mining, construction and oil and gas field machinery
  • Repairing and maintaining non-motor vehicle engines
  • Repairing and maintaining food-, beverage- and tobacco-processing machinery
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Downstream demand from manufacturing
  • Business capital expenditure
  • Total value of construction
  • Agricultural income
  • Demand from hard coal mining

  • Current Performance
  • Demand trends
  • Outsourcing aids growth
  • Margins shrink
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand improves
  • Technological advances
  • Potential problems
  • Table: Machinery Repair & Maintenance Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Machinery Repair & Maintenance Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Hard Coal Mining
  • Iron & Steel Manufacturing
  • Electricity Production
  • Commercial Building Construction
  • Residential Building Construction

  • Key Selling Industries
  • Other Machinery and Equipment Wholesaling
  • Temporary-Employment Placement Agencies

  • Products & Services
  • Other
  • Repairing and maintaining lifting and handling equipment
  • Repairing and maintaining pumps and compressors
  • Repairing and maintaining engines and turbines
  • Repairing and maintaining cooling and ventilation equipment
  • Repairing and maintaining mining and quarrying equipment
  • Chart: Machinery Repair & Maintenance Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Manufacturing industries
  • Construction sector
  • Other
  • Agriculture and forestry industries
  • Mining and quarrying industries
  • Chart: Major Market Segmentation for the Machinery Repair & Maintenance Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    WagesPurchasesProfitDepreciationMarketingRentUtilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Machinery Repair & Maintenance

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Machinery Repair & Maintenance Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Machinery Repair & Maintenance Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Machinery Repair & Maintenance Industry
    Includes:
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Marketing (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Annual Investment Allowance
  • Annual Investment Allowance is a type of capital allowance that offers tax relief at 100% of qualifying expenditure in the year of purchase.
  • Centrifugal Pump
  • A pump used to transport fluids by the conversion of rotational kinetic energy to the hydrodynamic energy of the fluid flow.
  • Positive Displacement Pump
  • A pump that makes liquid move by trapping a small amount and then displacing it into a discharge pipe.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Machinery Repair & Maintenance market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Machinery Repair & Maintenance:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Machinery Repair & Maintenance market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Machinery Repair & Maintenance, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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