Machinery Repair & Maintenance in the UK - Industry Market Research Report

A slow fix: Revenue is set to inch downwards in 2022-23 as economic woes deter downstream activity

Machinery repair and maintenance revenue is forecast to fall at a compound annual rate of 7% over the five years through 2022-23 to £4.5 billion. Revenue is set to inch downwards by 1% in 2022-23, when the industry's average profit margin is set to be 15.3%. 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. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.