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Machinery & Equipment Repair & Installation in Serbia - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

RS-C33 April 2024 Factsheet

Revenue

€234.0m

2019-2024 2.6 %
2024-2029 X.X %

Employees

4,907

2019-2024 4.4 %
2024-2029 X.X %

Businesses

435

2019-2024 6.7 %
2024-2029 X.X %

Wages

€XX.Xm

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

Machinery & Equipment Repair & Installation in Serbia 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 Serbia compared to Europe?

Country Benchmarking

Industry Data Serbia

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

Revenue
#33 In Europe
Business
#32 In Europe
Employees
#31 In Europe
Wages
#31 In Europe

The Machinery & Equipment Repair & Installation in Serbia ranks 33rd in Europe with regards to its 2024 revenue (€234.0m). Revenue received by operators in Serbia has been low in volatility over the past five-year period, with the average annual change in revenue (2.6 %) 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 & Equipment Repair & Installation industry in Serbia in 2024?

The market size of the Machinery & Equipment Repair & Installation industry in Serbia is €234.0m in 2024.

How many businesses are there in the Machinery & Equipment Repair & Installation in Serbia industry in 2024?

There are 435 businesses in the Machinery & Equipment Repair & Installation industry in Serbia, which has grown at a CAGR of 6.7 % between 2019 and 2024.

Has the Machinery & Equipment Repair & Installation industry in Serbia grown or declined over the past 5 years?

The market size of the Machinery & Equipment Repair & Installation industry in Serbia has been declining at a CAGR of 2.6 % between 2019 and 2024.

What is the forecast growth of the Machinery & Equipment Repair & Installation industry in Serbia over the next 5 years?

Over the next five years, the Machinery & Equipment Repair & Installation industry in Serbia is expected to grow.

What does the Machinery & Equipment Repair & Installation in Serbia include?

Installation of industrial machinery and Installation of control equipment are part of the Machinery & Equipment Repair & Installation industry.

How competitive is the Machinery & Equipment Repair & Installation industry in Serbia?

The level of competition is moderate and steady in the Machinery & Equipment Repair & Installation industry in Serbia.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

Companies in the industry install specialised machinery for industrial plants, process control equipment, communication equipment and bowling alley equipment.

What's included in this industry?

Installation of industrial machineryInstallation of control equipmentInstallation of communication equipmentInstallation of mainframe computers

Industry Code

ISIC 2006

33 - Repair and installation of machinery and equipment in Serbia

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • 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 & Equipment Repair & Installation in Serbia
  • Employees in the Machinery & Equipment Repair & Installation in Serbia
  • Business in the Machinery & Equipment Repair & Installation in Serbia
  • Profit in the Machinery & Equipment Repair & Installation in Serbia

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 & Equipment Repair & Installation in Serbia 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 & Equipment Repair & Installation in Serbia 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.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.