NAICS 81131 - Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
This industry comprises establishments primarily engaged in the repair and maintenance of commercial and industrial machinery and equipment. Establishments in this industry either sharpen/install commercial and industrial machinery blades and saws or provide welding (e.g., automotive, general) repair services; or repair agricultural and other heavy and industrial machinery and equipment (e.g., forklifts and other materials handling equipment, machine tools, commercial refrigeration equipment, construction equipment, and mining machinery).
Industry trends:
In the NAICS 81131 sector, there are several qualitative trends shaping the industry. One significant trend is the increasing adoption of predictive maintenance technologies. Companies are leveraging IoT sensors and AI analytics to monitor equipment health in real-time, predicting breakdowns before they occur. This shift not only minimizes downtime but also optimizes maintenance schedules and reduces costs.
Another trend is the growing emphasis on sustainability. There's a heightened focus on repairing and maintaining equipment to extend its lifespan, thus reducing the need for new manufacturing and minimizing environmental impact. This approach appeals to eco-conscious clients and aligns with global sustainability goals.
Additionally, the industry is witnessing a rise in demand for skilled technicians. As machinery and equipment become more advanced, the need for highly trained professionals who can handle complex repairs is becoming more critical. Companies are investing in upskilling their workforce and adopting more sophisticated training programs to address this demand.
Looking forward, the commercial and industrial machinery and equipment repair and maintenance sector is expected to grow steadily. The integration of advanced technologies will continue to drive efficiency and innovation. Moreover, as industries across the board focus on operational resilience post-pandemic, the importance of reliable maintenance services is likely to surge.
Overall, businesses that embrace technological advancements and invest in skilled labor force will be well-positioned to capitalize on these trends and achieve long-term success in the industry.
This industry is comprised of:
Agricultural machinery and equipment repair and maintenance services
Armature rewinding services (except on an assembly line or factory basis)
Blade sharpening, commercial and industrial machinery and equipment
Coil rewinding (except on an assembly line or factory basis)
Commercial and industrial machinery repair and maintenance services
Commercial refrigeration equipment repair and maintenance services
Construction machinery and equipment repair and maintenance services
Electric motor repair and maintenance services, commercial or industrial
Electrical generating and transmission equipment repair and maintenance services
Engine repair (except automotive, small engine)
Farm machinery and equipment repair and maintenance services
Food machinery repair and maintenance services
Forestry machinery and equipment repair and maintenance services
Forklift repair and maintenance services
Foundry machinery and equipment repair and maintenance services
Freezer, commercial, repair and maintenance services
Heavy machinery and equipment repair and maintenance services
Hydraulic equipment repair and maintenance services
Industrial equipment and machinery repair and maintenance services
Industrial truck (e.g., forklifts) repair and maintenance services
Machine tools repair and maintenance services
Materials handling equipment repair and maintenance services
Mechanical power transmission equipment repair and maintenance services
Mining machinery and equipment repair and maintenance services
Motor repair and maintenance services, commercial or industrial
Paper making machinery repair and maintenance services
Printing trade machinery repair and maintenance services
Reconditioning shipping barrels and drums
Refrigeration equipment repair and maintenance services, industrial and commercial-type
Rewinding armatures (except on an assembly line or factory basis)
Service machinery and equipment repair and maintenance services
Textile machinery repair and maintenance services
Tractor, farm or construction equipment repair and maintenance services
Truck refrigeration repair and maintenance services
Welding repair services (e.g., automotive, general)
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
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