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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

IBISWorld’s Machinery Repair & Maintenance market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Locations Chapter

Industry establishments are relatively well spread across all regions in the United Kingdom. Major location determinants are is 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 East

The South East has the highest percentage of industry establishments. 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. Some operators also set up there if they are catering to firms in London, which are close by due to its close proximity and significantly lower operating costs.

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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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