Industry Analysis & Industry Trends
The industry has performed favourably during the past five years. Industry revenue is estimated to increase at a compound annual rate of 3.1% over the five years through 2016-17. The key markets for operators are health-care providers, aviation and transportation industries, engineering companies and industrial firms. Demand for the industry's services has been supported by the vital nature of many services provided. Demand for repair services was also positively affected, as a large proportion of downstream operators restricted spending during many years and chose to repair pieces of equipment instead of replacing them... purchase to read more
Industry Report - Industry Products Chapter
The industry provides repair and maintenance services for a range of electrical equipment used across the medical, automotive, aviation, engineering, industrial and optical industries. The services offered are therefore highly fragmented and include installing, checking and testing damaged equipment, repairing and servicing equipment and performing preventative maintenance.
Medical equipment repair and maintenance
Repair and maintenance services provided to hospitals and doctors for their medical equipment account for the largest share of industry revenue. This includes services for diagnostic imaging equipment, dental and optical instruments, medical and surgical equipment and laboratory equipment. Ind.. purchase to read more