Electronic Equipment Repair Service Market Report 2026

The electronic equipment repair service market size has grown strongly in recent years. It will grow from $128.01 billion in 2025 to $138.38 billion in 2026 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to growth in electronic device usage, rising maintenance awareness, increasing equipment failure repair needs, expansion of consumer electronics, rising industrial equipment dependence.

The electronic equipment repair service market size is expected to see strong growth in the next few years. It will grow to $187.63 billion in 2030 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to increasing demand for repair affordability, growing focus on sustainability, rising complexity of electronic systems, expanding industrial service requirements, increasing reliance on professional technical solutions. Major trends in the forecast period include increasing demand for cost effective repair services, growing adoption of professional maintenance solutions, rising focus on extending equipment lifecycle, expanding use of repair services across consumer and industrial devices, increasing dependence on skilled technical support services.

Rising demand for electronic products is significantly contributing to the growth of the electronic equipment repair service market going forward. Electronic products refer to any electronic equipment designed for regular use by consumers for non-commercial or non-professional purposes. Electronic equipment repair services support the maintenance and repair of these products, including consumer electronics. As most consumer electronic devices increasingly rely on flexible and advanced electronic components, the growing adoption of such devices is driving higher demand for repair services. For instance, in November 2023, according to AMDEA, a UK-based trade association, more than 15 million large appliances and over 60 million small appliances were sold in the UK in 2023, resulting in a market valued at nearly $15.59 billion (£12 billion) annually. Therefore, the rising demand for electronic products is driving the growth of the electronic equipment repair service market.

Major companies in the electronic equipment repair service market are increasingly adopting a strategic partnership approach to enhance their service offerings. Strategic partnerships involve companies leveraging each other’s strengths and resources to achieve mutual benefits and success. For example, in March 2024, ConverterTec Service, a Germany-based company specializing in power electronics for renewable energy, formed a partnership with ENA Electronics, a Canada-based provider of industrial electronics repair, engineering, and testing services. This collaboration allows ConverterTec to offer its North American customers faster and more efficient repair services for converter components, significantly improving their ability to meet customer needs effectively.

In October 2024, Xerox Holdings Corporation, a US-based technology and services company, acquired ITsavvy LLC for approximately $400 million. Through this acquisition, Xerox aims to strengthen its IT services and everything-as-a-service (XaaS) capabilities by integrating ITsavvy’s managed IT services, cloud infrastructure, networking solutions, and workplace productivity offerings. ITsavvy LLC is a US-based company that provides integrated IT infrastructure solutions and managed IT services to enterprise clients.

Major companies operating in the electronic equipment repair service market report are B2X Care Solutions GmbH, Electronix Services, Encompass Supply Chain Solutions Inc., Global Electronic Services Inc., Mendtronix Inc., Quest International Inc., Redington Services, The Cableshoppe Inc., UBIF Franchising Co., OTC Industrial Technologies, Precision Electronic Repair Services, ACS Industrial Services Inc., iFixIt, Samsung Authorized Service Centers, LG Authorized Service Centers, Apple Authorized Service Providers, Dell Authorized Service Centers, HP Authorized Service Centers, Lenovo Authorized Service Centers, Sony Authorized Service Centers, Toshiba Authorized Service Centers, Acer Authorized Service Centers, Alienware Authorized Service Centers, Asus Authorized Service Centers, Belkin Authorized Service Centers, BenQ Authorized Service Centers, Bose Authorized Service Centers.

Asia-Pacific was the largest region in the electronic equipment repair service market in 2025. The regions covered in the electronic equipment repair service market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electronic equipment repair service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The electronic equipment repair service market includes revenues earned by providing smartphone repair, CNC machine repair, and refrigerator repair services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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