Machinery Maintenance & Heavy Equipment Repair Services in Canada
The Machinery Maintenance and Heavy Equipment Repair services industry has experienced moderate growth in the five years to 2016. Key downstream markets, including the construction sector, have not performed strongly despite overall economic improvements. A lack of growth in private investment may encourage clients to delay purchasing new machinery, which in turn can lead to an increase in maintenance and repair demand, bolstering industry revenue. Over the five years to 2021, continued improvements in downstream markets and the industrial capacity utilization rate are anticipated to drive industry labour and parts fees. However, company growth rates will likely remain subdued as some markets experience a degree of saturation.
This industry offers maintenance and repair (M&R) services, such as blade sharpening and welding, for commercial, industrial, agricultural and other sectors that use heavy machinery and equipment. Automotive and electronic repairs are excluded from this industry.
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.