According to study, “Commercial And Industrial Machinery And Equipment Repair And Maintenance Global Market Report 2019” the key companies operating in the global commercial and industrial machinery and equipment repair and maintenance market are ABB Group, Caterpillar, Inc, Deere & Co, Linde AG, CNH Industrial NV, Encompass Supply Chain Solutions Inc., iCracked, Inc., uBreakiFix, Moduslink Global Solutions, The Cableshoppe Inc., Redington Services, Mendtronix Inc., Electronix Services, MicroFirst Gaming Inc., B2X Care Solutions GmbH, Global Electronic Services, Inc, Daikin Industries Ltd., Samsung Electronics, Haier Inc., Lennox International Inc., Panasonic Corporation, LG Corporation, Electrolux AB, Emerson Electric Company, Danfoss AS, Carrier Corporation, Honeywell International Inc., Uponor Corp, GE Healthcare, Koninklijke Philips N.V., Siemens Healthineers, FUJIFILM Holdings Corporation, Canon Inc., Althea, Aramark Services, Inc., Dragerwerk AG & Co. KGaA, Agfa-Gevaert Group, Carestream Health, Inc., B. Braun Melsungen AG, Olympus Corporation, Bc Technical, Inc., Karl Storz GmbH & Co. Kg., Arnold Clark Automobiles Limited, Driven Brands, Inc., Asbury Automotive Group, Inc., Firestone Complete Auto Care, Jiffy Lube International, Inc., Goodyear Tire & Rubber Company.
Commercial and industrial equipment maintenance field engages installing, troubleshooting & maintaining machinery, fixing problems manually with computerized diagnostic equipment. The manufacturing & processing industries use complex machinery to create a huge range of products. Production work such as assembling, stamping & welding, utilizes heavy equipment for precise tasks along an assembly. Commercial and industrial equipment repair and maintenance services are classified as service industry machinery, air-conditioning, heating, and commercial refrigeration equipment, turbine, engine, and power transmission equipment & other general purpose machinery.
Based on commercial and industrial equipment, global commercial and industrial machinery and equipment repair and maintenance market is segmented into voltmeter, laser equipment, frequency counters, medical monitors, ventilators, motors & generators, lab equipment, pulse & signal generator, smart phones & mobile phones, set-top-boxes, tablets, notebooks & laptops, PC sets, CT scanners, machinery, dental clinic equipment, and others (printers & cleaners). Based on repair and maintenance type, market is segmented into motor repair, commercial refrigeration repair and blade sharpening. Based on electronic equipment repair services, market is segmented into warranty and out of warranty. Based on medical equipment maintenance services, market is segmented into corrective maintenance, preventive maintenance and operational maintenance. Based on devices type, market is segmented into primary imaging modalities (ultrasound and digital x-ray), advanced imaging modalities (MRI and CT), endoscopic devices, electro medical equipment, surgical instruments and others (dental equipment & life support devices).
The commercial and industrial machinery and equipment repair and maintenance market is driven by increase in business activity, followed by rise in profit margins for the downstream sectors, increase in number of new or innovative equipment & products, rise in focus on e-waste management, increase in on-road vehicles, growth in associated equipment markets and increase in purchase of refurbished medical systems. However, significant maintenance expenditure, poor-quality or duplicate spare parts of equipment and high initial cost may impact the market. In addition, emergence of ISO’s and innovation in service offerings & use of Internet of Things (IOT) are key opportunities for market.
Based on geography, Asia-Pacific region holds major share, followed by Western Europe, in commercial and industrial machinery and equipment repair and maintenance market owing to rapid urbanization and rise in population in the region. It is expected that the future of this market will be bright due to rise in adoption of electronic equipment insurance and increase in government initiatives for modernization of healthcare infrastructure & provision of quality care over the forecast period.
For more information on the research report, refer to below link:
Commercial and Industrial Machinery and Equipment Repair and Maintenance Market
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