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Machinery Repair in Belgium - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

BE-C3312 April 2024 Factsheet

Revenue

€1.2bn

2019-2024 1.3 %
2024-2029 X.X %

Employees

4,170

2019-2024 2.1 %
2024-2029 X.X %

Businesses

1,115

2019-2024 10.1 %
2024-2029 X.X %

Wages

€XXX.Xm

2019-2024 X.X %
2024-2029 X.X %

Machinery Repair in Belgium market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Belgium compared to Europe?

Country Benchmarking

Industry Data Belgium

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#13 In Europe
Business
#21 In Europe
Employees
#22 In Europe
Wages
#16 In Europe

The Machinery Repair in Belgium ranks 13rd in Europe with regards to its 2024 revenue (€1.2bn). Revenue received by operators in Belgium has been low in volatility over the past five-year period, with the average annual change in revenue (1.3 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Machinery Repair industry in Belgium in 2024?

The market size of the Machinery Repair industry in Belgium is €1.2bn in 2024.

How many businesses are there in the Machinery Repair in Belgium industry in 2024?

There are 1,115 businesses in the Machinery Repair industry in Belgium, which has declined at a CAGR of 10.1 % between 2019 and 2024.

Has the Machinery Repair industry in Belgium grown or declined over the past 5 years?

The market size of the Machinery Repair industry in Belgium has been declining at a CAGR of 1.3 % between 2019 and 2024.

What is the forecast growth of the Machinery Repair industry in Belgium over the next 5 years?

Over the next five years, the Machinery Repair industry in Belgium is expected to grow.

What does the Machinery Repair in Belgium include?

Repairing and maintaining lifting and handling equipment and Repairing and maintaining engines and turbines are part of the Machinery Repair industry.

How competitive is the Machinery Repair industry in Belgium?

The level of competition is moderate and steady in the Machinery Repair industry in Belgium.

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Table of Contents

About this industry

Industry definition

Companies in the industry provide repair and maintenance services across a range of manufacturing, construction, agricultural, energy and mining and quarrying industries. The services offered include sharpening or installing machinery blades and saws, welding and general repairs and maintenance.

What's included in this industry?

Repairing and maintaining lifting and handling equipmentRepairing and maintaining engines and turbinesRepairing and maintaining pumps and compressorsRepairing and maintaining cooling and ventilation equipment

Industry Code

ISIC 2006

3312 - Repair of machinery in Belgium

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Machinery Repair in Belgium
  • Employees in the Machinery Repair in Belgium
  • Business in the Machinery Repair in Belgium
  • Profit in the Machinery Repair in Belgium

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Machinery Repair in Belgium industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Machinery Repair in Belgium industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

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