The number of self-employed persons in the repair and installation of industrial machinery and equipment in the US was projected to stay stable at 5,000 units in 2024 and 2025. A decline to 4,000 units is anticipated beginning in 2026, showing a consistent downward trend through 2028. This suggests a potential reduction in market demand or shifts in employment patterns.

Future trends to watch for include:

Technological advancements potentially reducing the need for traditional roles.
Regulatory changes impacting self-employment in the sector.
Economic factors influencing the overall industrial machinery market.
Emerging opportunities in niche sectors requiring specialized machinery expertise.