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2025 U.S. Industry Statistics & Market Forecast - Appliance Repair and Maintenance
Market Size & Industry Statistics
The total U.S. industry market size for Appliance Repair and Maintenance:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Appliance Repair and Maintenance industry include:- Increasing integration of smart technology in household appliances
- Rise in DIY repair by consumers due to online tutorials
- Environmental regulations driving demand for energy-efficient and sustainable repairs
- Growing preference for extended warranties and service contracts
- Shortage of skilled technicians
- Aging appliance infrastructure increasing service demand
- Impact of economic downturns influencing consumer spending on repairs
- Advancements in diagnostic tools and technologies
- Increased use of refurbished parts to reduce costs
- Expansion of subscription-based and preventive maintenance services
- Shift towards local and mobile repair services to reduce downtime
- Impact of global supply chain disruptions on part availability
- Rising consumer awareness about the circular economy and appliance lifespan extension
Product & Services Breakdown
Research products and services in the Appliance Repair and Maintenance industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
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Maintenance And Repair - Appliances And Powered Household Equipment |
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Maintenance And Repair - Major Household-Type Appliances |
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Maintenance And Repair - Other Appliances And Household Equipment (Include Household-Type Power Hand Tools.) |
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Resale Of Merchandise |
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Resale Of Parts And Supplies Not Included In Repair Work |
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Resale Of Other Merchandise |
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U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Appliance Repair and Maintenance company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Appliance Repair and Maintenance industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Appliance Repair and Maintenance measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 5% | Order at top of page |
||
| General and Operations Managers | 5% | |||
| Sales and Related Occupations | 5% | |||
| Office and Administrative Support Occupations | 16% | |||
| Other Office and Administrative Support Workers | 6% | |||
| Office Clerks, General | 6% | |||
| Office Clerks, General | 6% | |||
| Installation, Maintenance, and Repair Occupations | 40% | |||
| Vehicle and Mobile Equipment Mechanics, Installers, and Repairers | 12% | |||
| Small Engine Mechanics | 11% | |||
| Motorboat Mechanics and Service Technicians | 7% | |||
| Other Installation, Maintenance, and Repair Occupations | 25% | |||
| Home Appliance Repairers | 14% | |||
| Home Appliance Repairers | 14% | |||
| Production Occupations | 21% | |||
| Textile, Apparel, and Furnishings Workers | 12% | |||
| Miscellaneous Textile, Apparel, and Furnishings Workers | 6% | |||
| Upholsterers | 6% | |||
Appliance Repair and Maintenance Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Appliance Repair and Maintenance industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Appliance Repair and Maintenance industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Appliance Repair and Maintenance industry. |
Source:
Latest Industry News
- How to Make Your Kitchen Appliances Last Longer and Work Better - Modern kitchen appliances typically last anywhere from eight to 15 years, but choosing exceptional brands and maintaining consistent upkeep can extend that lifespan. Appliances of yesteryear, on the other hand, were often built to last several decades—sometimes 30 years or more—due to their simpler mechanics and more durable materials. (07/04/2025)
- What are the most expensive home maintenance costs in 2025? - Homes come with a lot of costs — and chief among them is maintenance. Many buyers might not take maintenance into account when purchasing a home, especially first-timers moving from a rental whose issues are largely handled by the landlord. (07/02/2025)
- HVAC & Appliance Repair Guys Expands Professional AC Installation Services For Lake Oswego Area Residents - LAKE OSWEGO, OR, UNITED STATES, June 30, 2025 /EINPresswire / -- HVAC & Appliance Repair Guys , a trusted HVAC contracto (06/30/2025)
- Steps to Keeping Appliances in Good Condition - Regular cleaning, proper use and timely filter changes can help extend appliance life, but if repairs get too costly, it may be time to replace. (06/27/2025)
- I do this every week to extend the life of my kitchen appliances — here's why you should too - Well-maintained appliances use less energy, which translates to lower utility bills month after month. They also maintain consistent performance, so your food stays fresher longer. A few minutes of care each week can save you hundreds or thousands of pounds in premature replacements and unexpected repair bills. (06/27/2025)
- Asked on Reddit: Should I Repair or Replace My Broken Appliance? - Recently, a Reddit user asked: How do you decide whether to repair or replace a broken appliance? The user’s decade-old induction range wasn’t working properly, but replacing it would be (06/22/2025)
- Appliance Repair Vancouver: Local Contractor Expands Offerings With Professional Installation Services To Complement Expertise In Appliance Repair - MENAFN.COM - With a commitment to quality workmanship and preventative maintenance, Vancouver Appliance Service Pros ensures long-lasting appliance performance. MENAFN18062025003238003268ID1109692597 (06/18/2025)
- Homeowners are doing renovations and repairs amid economic uncertainty - U.S. homeowners are spending more on home renovation projects, bucking a broader pullback by consumers amid diminished confidence in the economy. (05/23/2025)
- Homeowners spend on renovations and repairs despite the uncertain economy and higher prices - U.S. homeowners are boosting spending on home renovation projects, bucking a broader pullback by consumers amid diminished confidence in the economy. (05/23/2025)
- Houston Relies on Mega Appliance Repair for 24/7 Appliance Solutions and Exceptional Service - Mega Appliance Repair is a well-known appliance repair company serving the Greater Houston Area. They are recognized for offering high-quality and reliable repair services. Covering areas like Cypress, (05/23/2025)
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