In 2023, the number of persons employed in the repair and installation of industrial machinery and equipment in the US was at 31.0 thousand. Forecasts suggest a decline in employment, with numbers projected to decrease from 30.0 thousand in 2024 and 2025 to 28.0 thousand by 2028. This represents a steady annual decline, reflecting a negative Compound Annual Growth Rate (CAGR) over the forecasted period. Year-on-year variation indicates a sharp decline of about 3.3% from 2025 to 2028.
Future trends to watch include automation advancements which could further impact employment figures. Monitoring technological adoption and potential policy changes could elucidate shifts in employment demand within this sector.
