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Machinery Repair & Maintenance in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Machinery Repair & Maintenance Market Research Report | SIC C33.120 | Feb 2017

Repairing demand: Economic uncertainty should boost demand for maintenance services

The Machinery Repair & Maintenance market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£5bn
Annual Growth 12-17
7.0%
Annual Growth 17-22
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Profit
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Employment
34,995
Businesses
4,002
Industry Analysis & Industry Trends

Industry revenue is expected to increase at a compound annual rate of 7% over the five years through 2016-17. Demand for repair services grew, as many firms in downstream industries remained cautious when spending large sums of money on new machinery, choosing instead to repair existing machinery. However, demand for maintenance services varied between downstream industries. For instance, bleak manufacturing activity and significant reductions in mining activity negatively influenced demand for maintenance services from these types of businesses. Nevertheless, improvements in construction activity increased demand for maintenance services from construction firms by shortening service intervals... purchase to read more

Industry Report - Industry Investment Chapter

An industry's capital intensity is determined by comparing the human and capital equipment factors of production, using wages and depreciation costs as proxies. Comparatively high depreciation costs indicate a high level of investment in depreciable assets such as buildings and equipment, which suggests high capital intensity. Conversely, comparatively high wage costs demonstrate high labour intensity.

The industry displays a low level of capital intensity, with an estimated capital-to-labour ratio of 1:12.23 in 2016-17. This indicates that for every £1.00 spent on capital, £12.23 is spent on labour. Rep.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

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 compressorsRepairing and maintaining cooling and ventilation equipmentRepairing 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 enginesRepairing and maintaining food-, beverage- and tobacco-processing machinery


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