North America Heavy Machinery Maintenance and Repair Market Size and Forecast (2020 – 2030)
North America Heavy Machinery Maintenance and Repair Market Size and Forecast (2020 – 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Gearbox and Engine, Electric Motors, Electric Systems, Hydraulic Unit, Propeller Shaft, and Others) and Application (Aluminum & Steel Industry, Hydropower Plants, Construction, Mining, Marine, Agriculture & Forest, Pulp & Paper, and Others)
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Description
Suppliers for the maintenance and repair service providers are the component and tools supplier that provides required equipment for the maintenance and repair operations. Apart from the component and tool providers, manufacturers of aftermarket parts also come into the picture. When maintenance and repair service providers replace any parts during the repair services, aftermarket parts provide the needed parts. Maintenance and repair service providers are third-party providers as well as in-house teams of OEM manufacturers. Many service providers have adopted IoT technologies to provide effective and efficient services. The applications in the heavy machinery maintenance and repair service include industries such as construction, energy industry, mining industry, and paper and pulp industry, among others. These applications provide long-term contracts to either OEM service providers or third-party service providers. Many third-party service providers offer value-for-money services as compared to OEM service providers.
The US manufacturers are investing in implementing innovative digital technologies such as IoT, cloud computing, predictive analytics, and artificial intelligence. The annual investment in artificial intelligence reached US$ 150 billion, and the investment in IoT technologies across the US reached US$ 250 billion per year. According to the Insight Partners Estimate in 2022, approximately 76% of manufacturers in the US are adopting various digital tools to improve productivity. A few manufacturers such as Artesis, Bulk Equipment Corporation and others are utilizing predictive maintenance technology to gain information of the machines oil presence, wear and tear issues, tools change requirements on heavy machinery. According to the US Department of Energy, the use of predictive maintenance significantly improves productivity and saves additional costs of operations. Furthermore, the US government is implementing a predictive maintenance program for industrial facilities, resulting in cost-cutting and increased machinery reliability. Depending on the machinery capabilities and maintenance requirements, 30–40% of the additional cost can be reduced with the help of predictive maintenance. The manufacturers can save approximately US$ 50 billion per year due to unplanned downtime of the machinery using predictive maintenance technologies. Heavy machinery failure accounts for approximately 42% of unplanned downtime costs. The cost includes repair, replacement, and maintenance of machinery. The major market players are integrating advanced technologies such as AI, IoT, and predictive maintenance with their services in order to avoid machinery failure. For instance, Hitachi America Ltd. developed a predictive maintenance solution suite to address the heavy machinery repair used in several industries. The company developed data-driven technologies that help their workers provide the most appropriate repair and maintenance services at the right time. The maintenance and repair solutions use several advanced technologies to monitor equipment health. It also helps in predicting future failures. Thus, the rise in digital innovation with the emergence of predictive maintenance is expected to fuel the heavy machinery maintenance and repair market growth in the coming years.
The North America heavy machinery maintenance and repair market is segmented on the basis of component, application, and geography. On the basis component, the market is segmented into gearboxes and engines, electric motors, electronic systems, hydraulic units, propeller shafts, and others. Based on application, the market is segmented into aluminum and steel, hydropower plants, construction, mining, marine, agriculture and forest, pulp and paper, and others. Based on geography, the North America heavy machinery maintenance and repair market is segmented into the US, Canada, and Mexico.
The North America heavy machinery maintenance and repair market analysis is carried out by identifying and evaluating key players in the market. United Rentals Inc., Hydrauliques Continental Inc., Wajax Corp., PSI Repair Service Inc., Halton Hydraulic Ltd., Select Fluid Power Ltd., RHK Hydraulic Cylinder Services Inc., Gir Del Hydraulic Services, Centre Hydraulique GMB Inc., and Simplex Location d’outils Inc. are among the key players analyzed in the North America heavy machinery maintenance and repair market report. The North America heavy machinery maintenance and repair market report also includes growth prospects in light of current North America heavy machinery maintenance and repair market trends and driving factors influencing the market growth.
Companies operating in the North America heavy machinery maintenance and repair market highly adopt inorganic strategies such as mergers and acquisitions. The market initiative is a strategy adopted by companies to expand their footprint across the world and to meet the growing customer demand. The players present in the market are mainly focusing on product and service enhancements by integrating advanced features and technologies into their offerings to increase their North America heavy machinery maintenance and repair market share.
Summary Info
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According to our latest study on “North America Heavy Machinery Maintenance and Repair Market Forecast to 2030 – Regional Analysis – by Component and Application,” the market was valued at US$ 74.10 billion in 2022 and is expected to reach US$ 108.11 billion by 2030; it is anticipated to record a CAGR of 4.8% from 2022 to 2030. The North America heavy machinery maintenance and repair market report includes growth prospects owing to the current North America heavy machinery maintenance and repair market trends and their foreseeable impact during the forecast period.
The use of machinery and equipment on a rental basis across the construction industry is increasing in North America. The purchasing cost of heavy machinery is considered high. Hence, consumers, including the mining and agriculture sectors, in North America prefer to buy used machinery and vehicles. Used excavator sales in the US reached approximately 13,403 units in January 2022, while Texas buyers accounted for ~12.1% of all the purchases, i.e., 1,626 units. Also, Georgia contributed ~5.4% to the overall sales with 726 units, while North Carolina sold 602 units, which accounted for 4.5%. These used vehicles and machinery require regular maintenance and repair to work efficiently. Several companies offer repair services for heavy equipment such as rock crushers, cranes, excavators, construction equipment, shaker screens, railroad maintenance equipment, dredge winch drums, etc. McClung-Logan Equipment Inc. offers heavy machinery maintenance and repair services for several brands, including AB Volvo, Volvo Penta, Takeuchi, Mecalac, Doosan Portable Power, Avant, Prinoth, K-Tec, Gradall, Shuttlewagon, Boxer, and Towmaster, among others.
North America Heavy Machinery Maintenance and Repair Market Share — by Region, 2022
Source: The Research Team Analysis
Further, the mining sector is growing at a rapid pace, and the sector uses several heavy machinery for digging and exploration activities. As per the data published by the National Bureau of Statistics (NBS), the mining sector accounted for US$ 144.84 billion in revenue generation in the first seven months of 2022, which increased by 1.05 times compared to 2021. China is the world’s largest producer and user of coal. As per the data published by China’s National Bureau of Statistics in January 2022, coal output reached a record 4.07 billion metric ton in 2021, up 4.7% from 2020. Such growth in the mining sector has propelled the demand for heavy machinery maintenance and repair services. The mining industry uses several types of machinery such as excavators, dozers, and crawlers. These machineries are costly and require regular maintenance and repair in order to work efficiently. The heavy machinery maintenance and repair services companies are providing repair services to enhance the machine’s life and improve the machinery’s efficiency.
In addition, many key players provide repair and maintenance services for several used industrial components such as centrifugal pumps, piston pumps, air conveying systems, cooling towers, and other machines across the agricultural, construction, retail, and manufacturing sectors. Thus, the rise in demand for used machinery and vehicles across various sectors drives the North America heavy machinery maintenance and repair market.
The North America heavy machinery maintenance and repair market analysis is carried out by identifying and evaluating key players in the market across different regions, including North America (US, Canada, and Mexico). North America has a strong presence in the manufacturing sector, with the economy opening significant opportunities for repair service providers. The manufacturing sector is the major economic factor for the growth of the market. The sector uses several heavy machinery such as textile machinery, packaging machines, heavy machinery, construction and earthmoving equipment, and mining machinery. Growing manufacturing output, along with increasing investments by the key manufacturers, is a major driving factor for the market. Further, the construction sector utilizes several machinery and equipment that require regular repair and maintenance. Growing rapid investments in the construction sector with government funding for infrastructure developments is another major factor driving the North America heavy machinery maintenance and repair market size. The construction sector utilizes heavy machinery and vehicles such as dozers, excavators, compact track loaders, tractors, skid steers, motor graders, and trenchers. These machinery and vehicles are expensive and require regular maintenance and repair for their efficient working. The machinery owners utilize the repair and maintenance services in order to meet growing construction industry demand. Heavy machinery that requires regular maintenance and repair includes excavators, dozers, gearboxes, industrial vehicles, mining equipment, and construction equipment. Increasing demand for industrial machinery across the construction and mining sectors is a key factor contributing to the growing North America heavy machinery maintenance and repair market size. For instance, according to the US Bureau of Economic Analysis data, industrial manufacturing in the US was reported to be ~US$ 2.52 trillion in 2022, which is growing with rapid industrialization. Increasing construction activities and growing government funding for infrastructure development projects in North America are driving the demand for heavy machinery. These machineries require repair and maintenance services frequently. According to the Canada Construction Association report in 2022, the construction industry in Canada contributes approximately US$ 151 billion in revenue to its economy annually, which is growing at a rapid pace with government support and funding for development. Such growth in the construction sector, along with high demand for industrial machinery, is driving the North America heavy machinery maintenance and repair market growth.
The North America heavy machinery maintenance and repair market is segmented on the basis of component, application, and geography. On the basis of component, the market is segmented into gearboxes and engines, electric motors, electronic systems, hydraulic units, propeller shafts, and others. Based on component, gearboxes and engines is estimated to hold a significant North America heavy machinery maintenance and repair market share by 2030. Based on application, the market is segmented into aluminum and steel, hydropower plants, construction, mining, marine, agriculture and forest, pulp and paper, and others. Further, the gearbox and engine are the major components required in heavy machinery and industrial vehicles. The gearbox requires frequent maintenance to operate smoothly. Increasing equipment rental business across the US and Canada is the major driving factor for the gearbox and engine segment in the market. The rapid growth of revenue post-pandemic in the equipment rental industry is expected to create ample opportunity for the market growth in the coming years. The engine is subjected to several issues, such as overheating, insufficient coolant, malfunctioning radiator, and faulty thermostat. These issues are resolved with regular maintenance and repair services.
According to the American Rental Association (ARA), the equipment rental revenue generated in North America across the construction & industrial machinery industry increased by 3.4% in 2023. The overall equipment rental business in North America was valued at ~US$ 57.7 billion in 2023, which grew by 11% compared to 2022. Further, the equipment rental business in North America is expected to reach US$ 63.4 billion by 2026. Such expansion of the heavy machinery equipment rental business is the major driving factor for the gearbox and engine segment growth. In August 2023, ITR Economics, US Construction Machinery sale recorded a sale of US$ 47.4 billion, an increase of 13.2% compared to 2022. The construction equipment sales in North America reached 318,000 machines in 2022. Such growth in the sales of construction equipment and industrial machinery has created massive demand for gearboxes and engines. Electrical power motors are used in heavy equipment and machinery, such as cranes, excavators, and tractors, that allow for precise load handling and transportation. Electric motors are used in heavy machinery and equipment. Increasing sales and production of these heavy machinery and equipment is expected to create ample opportunity for the North America heavy machinery repair and maintenance services market growth during the forecast period. In 2021, the production of wheel loaders and dozers used in the mining industry reached 2,374 units; the figure increased by 19% compared to 2020. The production of large excavators in North America that are used in the mining industry reached ~993 units in 2021, which increased from 923 units compared to 2020. Electric motors are widely used in industrial vehicles such as forklifts, dozers, wheel loaders, and excavators. Electric motors are the essential component in heavy machinery that is used in construction, agriculture, mining, and various other industries. To ensure the optimal performance of these vehicles, regular maintenance and repairs are crucial. Increasing sales and production of construction equipment; earthmoving equipment; and industrial vehicles such as dozers, excavators, and forklifts are driving the electric motor segment in the North America heavy machinery maintenance and repair market. Earthmoving equipment sales in 2021 increased by 11% compared to 2020, according to the American Rental Association.
United Rentals Inc., Hydrauliques Continental Inc., Wajax Corp., PSI Repair Service Inc., Halton Hydraulic Ltd., Select Fluid Power Ltd., RHK Hydraulic Cylinder Services Inc., Gir Del Hydraulic Services, Centre Hydraulique GMB Inc., and Simplex Location d’outils Inc. are among the key players profiled in the North America heavy machinery maintenance and repair market report. Inorganic and organic strategies are highly adopted by key companies in the market. The market initiative is a strategy adopted by companies to expand their footprint across the world and to meet the growing customer demand. Companies operating in the North America heavy machinery maintenance and repair market mainly focus on product and service enhancements by integrating advanced features and technologies into their offerings.
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TABLE OF CONTENTS
1.1 The Research Team Research Report Guidance. 15
1.2 Market Segmentation. 16
2. Executive Summary 18
2.1 Key Insights. 18
2.2 Market Attractiveness. 20
3. Research Methodology 21
3.1 Coverage. 24
3.2 Secondary Research. 24
3.3 Primary Research. 25
4. North America Heavy Machinery Maintenance and Repair Market Landscape 26
4.1 Overview. 26
4.2 PEST Analysis. 27
4.3 Ecosystem Analysis. 28
4.3.1 List of Vendors in the Value Chain. 29
5. North America Heavy Machinery Maintenance and Repair Market – Key Market Dynamics 30
5.1 North America Heavy Machinery Maintenance and Repair Market – Key Market Dynamics. 30
5.2 Market Drivers. 31
5.2.1 Rapid Industrialization and Increased Sales of Heavy Machineries across Manufacturing Sector 31
5.2.2 Surge in Investments in Construction Sector 31
5.2.3 Rise in Demand for Used Machinery and Vehicles across Various Sectors. 32
5.3 Market Restraints. 33
5.3.1 Lack of Skilled Workers and Labor Shortage. 33
5.4 Market Opportunities. 33
5.4.1 Growing Number of Smart City Initiatives Led by Government 33
5.5 Future Trends. 34
5.5.1 Rising Digital Innovation with Emergence of Predictive Maintenance. 34
5.6 Impact of Drivers and Restraints: 35
6. North America Heavy Machinery Maintenance and Repair Market Analysis 36
6.1 North America Heavy Machinery Maintenance and Repair Market Revenue (US$ Billion), 2022–2030. 36
6.2 North America Heavy Machinery Maintenance and Repair Market Forecast and Analysis. 37
7. North America Heavy Machinery Maintenance and Repair Market Analysis – by Component 38
7.1 Gearbox and Engine. 40
7.1.1 Overview. 40
7.1.2 Gearbox and Engine: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 40
7.2 Electric Motors. 41
7.2.1 Overview. 41
7.2.2 Electric Motors: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 42
7.3 Electric Systems. 43
7.3.1 Overview. 43
7.3.2 Electric Systems: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 43
7.4 Hydraulic Unit 44
7.4.1 Overview. 44
7.4.2 Hydraulic Unit: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 45
7.5 Propeller Shaft 46
7.5.1 Overview. 46
7.5.2 Propeller Shaft: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 46
7.6 Others. 47
7.6.1 Overview. 47
7.6.2 Others: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 48
8. North America Heavy Machinery Maintenance and Repair Market Analysis – by Application 49
8.1 Aluminium and Steel Industry. 51
8.1.1 Overview. 51
8.1.2 Aluminium and Steel Industry: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 51
8.2 Hydropower Plants. 52
8.2.1 Overview. 52
8.2.2 Hydropower Plants: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 54
8.3 Construction. 55
8.3.1 Overview. 55
8.3.2 Construction: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 55
8.4 Mining. 56
8.4.1 Overview. 56
8.4.2 Mining: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 57
8.5 Marine. 58
8.5.1 Overview. 58
8.5.2 Marine: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 59
8.6 Agriculture and Forest 60
8.6.1 Overview. 60
8.6.2 Agriculture and Forest: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 60
8.7 Pulp and Paper 61
8.7.1 Overview. 61
8.7.2 Pulp and Paper: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 61
8.8 Others. 62
8.8.1 Overview. 62
8.8.2 Others: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 63
9. North America Heavy Machinery Maintenance and Repair Market – Country Analysis 64
9.1 North America. 64
9.1.1 North America Heavy Machinery Maintenance and Repair Market Breakdown by Countries. 64
9.1.2 North America Heavy Machinery Maintenance and Repair Market Revenue and Forecast and Analysis – by Country. 65
9.1.2.1 North America Heavy Machinery Maintenance and Repair Market Revenue and Forecast and Analysis – by Country. 65
9.1.2.2 US: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 66
9.1.2.2.1 US: North America Heavy Machinery Maintenance and Repair Market Breakdown by Type. 67
9.1.2.2.2 US: North America Heavy Machinery Maintenance and Repair Market Breakdown by Application. 68
9.1.2.3 Canada: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 69
9.1.2.4 Quebec Overview: 70
9.1.2.4.1 Canada: North America Heavy Machinery Maintenance and Repair Market Breakdown by Type. 71
9.1.2.4.2 Canada: North America Heavy Machinery Maintenance and Repair Market Breakdown by Application. 72
9.1.2.5 Mexico: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 73
9.1.2.5.1 Mexico: North America Heavy Machinery Maintenance and Repair Market Breakdown by Type. 74
9.1.2.5.2 Mexico: North America Heavy Machinery Maintenance and Repair Market Breakdown by Application. 75
10. North America Heavy Machinery Maintenance and Repair Market – Impact of COVID-19 Pandemic 76
10.1 Pre & Post COVID-19 Impact 76
11. Competitive Landscape 77
11.1 Company Positioning & Concentration. 77
11.2 Company Positioning and Concentration. 78
12. Industry Landscape 79
12.1 Overview. 79
12.2 Market Initiative. 79
12.3 Merger and Acquisition. 80
13. Company Profiles 81
13.1 United Rentals Inc. 81
13.1.1 Key Facts. 81
13.1.2 Business Description. 81
13.1.3 Products and Services. 82
13.1.4 Financial Overview. 85
13.1.5 SWOT Analysis. 87
13.1.6 Key Developments. 91
13.2 Hydrauliques Continental Inc. 92
13.2.1 Key Facts. 92
13.2.2 Business Description. 92
13.2.3 Products and Services. 93
13.2.4 Financial Overview. 95
13.2.5 SWOT Analysis. 96
13.2.6 Key Developments. 97
13.3 Wajax Corp. 98
13.3.1 Key Facts. 98
13.3.2 Business Description. 98
13.3.3 Products and Services. 99
13.3.4 Financial Overview. 102
13.3.5 SWOT Analysis. 105
13.3.6 Key Developments. 107
13.4 PSI Repair Service Inc. 108
13.4.1 Key Facts. 108
13.4.2 Business Description. 108
13.4.3 Products and Services. 109
13.4.4 Financial Overview. 110
13.4.5 SWOT Analysis. 111
13.4.6 Key Developments. 113
13.5 Halton Hydraulic Ltd. 114
13.5.1 Key Facts. 114
13.5.2 Business Description. 114
13.5.3 Products and Services. 115
13.5.4 Financial Overview. 115
13.5.5 SWOT Analysis. 116
13.5.6 Key Developments. 117
13.6 Select Fluid Power Ltd. 118
13.6.1 Key Facts. 118
13.6.2 Business Description. 118
13.6.3 Products and Services. 119
13.6.4 Financial Overview. 120
13.6.5 SWOT Analysis. 120
13.6.6 Key Developments. 122
13.7 RHK Hydraulic Cylinder Services Inc. 123
13.7.1 Key Facts. 123
13.7.2 Business Description. 123
13.7.3 Products and Services. 124
13.7.4 Financial Overview. 124
13.7.5 SWOT Analysis. 125
13.7.6 Key Developments. 126
13.8 Gir Del Hydraulic Services. 127
13.8.1 Key Facts. 127
13.8.2 Business Description. 127
13.8.3 Products and Services. 128
13.8.4 Financial Overview. 128
13.8.5 SWOT Analysis. 129
13.8.6 Key Developments. 130
13.9 Centre Hydraulique GMB Inc. 131
13.9.1 Key Facts. 131
13.9.2 Business Description. 131
13.9.3 Products and Services. 132
13.9.4 Financial Overview. 133
13.9.5 SWOT Analysis. 134
13.9.6 Key Developments. 136
13.10 Simplex Location d’outils Inc. 137
13.10.1 Key Facts. 137
13.10.2 Business Description. 137
13.10.3 Products and Services. 138
13.10.4 Financial Overview. 152
13.10.5 SWOT Analysis. 152
13.10.6 Key Developments. 154
13.11 Advanced Technology Services Inc. 155
13.11.1 Key Facts. 155
13.11.2 Business Description. 155
13.11.3 Products and Services. 156
13.11.4 Financial Overview. 160
13.11.5 SWOT Analysis. 161
13.11.6 Key Developments. 163
14. Appendix 164
14.1 About The Research Team. 164
LIST OF TABLES
Table 2. List of Vendors. 29
Table 3. North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 37
Table 4. North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) – by Component 39
Table 5. North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) – by Application. 50
Table 6. North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) – by Country. 65
Table 7. US: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) – by Type. 67
Table 8. US: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) – by Application. 68
Table 9. Canada: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) – by Type. 71
Table 10. Canada: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) – by Application. 72
Table 11. Mexico: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) – by Type. 74
Table 12. Mexico: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) – by Application. 75
Table 13. Heat Map Analysis by Key Players. 78
LIST OF FIGURES
Figure 2. PEST Analysis. 27
Figure 3. Impact Analysis of Drivers and Restraints. 35
Figure 4. North America Heavy Machinery Maintenance and Repair Market Revenue (US$ Billion), 2022–2030. 36
Figure 5. North America Heavy Machinery Maintenance and Repair Market Share (%) – by Component, 2022 and 2030. 38
Figure 6. Gearbox and Engine: North America Heavy Machinery Maintenance and Repair Market– Revenue and Forecast to 2030 (US$ Billion) 41
Figure 7. Electric Motors: North America Heavy Machinery Maintenance and Repair Market– Revenue and Forecast to 2030 (US$ Billion) 42
Figure 8. Electric Systems: North America Heavy Machinery Maintenance and Repair Market– Revenue and Forecast to 2030 (US$ Billion) 44
Figure 9. Hydraulic Unit: North America Heavy Machinery Maintenance and Repair Market– Revenue and Forecast to 2030 (US$ Billion) 45
Figure 10. Propeller Shaft: North America Heavy Machinery Maintenance and Repair Market– Revenue and Forecast to 2030 (US$ Billion) 47
Figure 11. Others: North America Heavy Machinery Maintenance and Repair Market– Revenue and Forecast to 2030 (US$ Billion) 48
Figure 12. North America Heavy Machinery Maintenance and Repair Market Share (%) – by Application, 2022 and 2030. 49
Figure 13. Aluminum and Steel Industry: North America Heavy Machinery Maintenance and Repair Market– Revenue and Forecast to 2030 (US$ Billion) 52
Figure 14. Hydropower Plants: North America Heavy Machinery Maintenance and Repair Market– Revenue and Forecast to 2030 (US$ Billion) 54
Figure 15. Construction: North America Heavy Machinery Maintenance and Repair Market– Revenue and Forecast to 2030 (US$ Billion) 56
Figure 16. Mining: North America Heavy Machinery Maintenance and Repair Market– Revenue and Forecast to 2030 (US$ Billion) 57
Figure 17. Marine: North America Heavy Machinery Maintenance and Repair Market– Revenue and Forecast to 2030 (US$ Billion) 59
Figure 18. Agriculture and Forest: North America Heavy Machinery Maintenance and Repair Market– Revenue and Forecast to 2030 (US$ Billion) 60
Figure 19. Pulp and Paper: North America Heavy Machinery Maintenance and Repair Market– Revenue and Forecast to 2030 (US$ Billion) 62
Figure 20. Others: North America Heavy Machinery Maintenance and Repair Market– Revenue and Forecast to 2030 (US$ Billion) 63
Figure 21. North America Heavy Machinery Maintenance and Repair Market Breakdown by Key Countries, 2022 and 2030 (%) 65
Figure 22. US: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 66
Figure 23. Canada: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 69
Figure 24. Mexico: North America Heavy Machinery Maintenance and Repair Market – Revenue and Forecast to 2030 (US$ Billion) 73
Figure 25. Company Positioning & Concentration. 77
The List of Companies – North America Heavy Machinery Maintenance and Repair Market
o United Rentals Inc.
o Hydrauliques Continental Inc.
o Wajax Corp.
o PSI Repair Service Inc.
o Halton Hydraulic Ltd.
o Select Fluid Power Ltd.
o RHK Hydraulic Cylinder Services Inc.
o Gir Del Hydraulic Services
o Centre Hydraulique GMB Inc.
o Simplex Location d’outils Inc.
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