Forecast: Number of Employees in Repair and Installation of Industrial Machinery and Industrial Equipment in the US

The number of employees in the repair and installation of industrial machinery and equipment in the US is expected to remain stable, at 25,000 persons for 2024 and 2025, before slightly declining to 24,000 persons from 2026 to 2028. As of 2023, there were 25,000 persons employed in this sector, indicating no year-on-year change between 2023 and 2024. From a five-year perspective through 2028, the compound annual growth rate (CAGR) implies a mild decline, showcasing a modest downward trend post-2025.

Future trends to watch for in this sector include:

  • An increase in automation and technology-driven maintenance solutions potentially impacting employment numbers.
  • The influence of economic cycles on industrial activity, which could affect demand for installation and repair services.
  • Potential regulatory changes or shifts in trade policies that may impact the import and export of industrial machinery, affecting service needs domestically.

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