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Convention presentation

Industry Insights: The Future of the EASA Service Industry

  • July 2025
  • Number of views: 436
  • Article rating: No rating

Facilitator: Jerry Peerbolte
Professor Emeritus, University of Arkansas-Fort Smith

Following a qualitative research report, hear from a wide demographic of EASA service centers about the future of the industry. Electromechanical repair, service and sales remain core but not always the biggest parts of a member’s business. And with so much happening with emerging technologies, electrification, electric vehicle infrastructure, sustainability and more – how do EASA members fit in now and in the future? Hear what roundtable members have to say!

 

Major Topics Covered

  • Workforce Challenges
    •   ging workforce and declining interest in trades
    •   Difficulty hiring and retaining skilled workers
    •   Importance of cultural fit and career path development
  • Electrification and Energy Demand
    •   Growing demand for electricity and infrastructure
    •   Opportunities in servicing new electrical assets
  • Digital Transformation
    •   Slow adoption of remote condition monitoring
    •   AI and machine learning applications in operations and diagnostics
    •   ROI concerns and customer fatigue with tech solutions
  • Customer Relationships
    •   Importance of becoming a "trusted advisor"
    •   Field service as a key revenue and loyalty driver
    •   Value of exceptional service and employee relationships
  • Sustainability
    •   Disconnect between corporate sustainability goals and plant-level action
    •   Missed opportunities to market repair as a sustainable practice
    •   Potential for carbon credit generation through motor repair
  • Industry Consolidation
    •   Rise of private equity and acquisitions
    •   Perspectives from independent, family-owned, and acquired businesses
    •   Viability of small EASA members and strategies for growth

Key Takeaways

  • Recruitment is a critical issue: The industry is facing a talent shortage due to retirements and lack of interest in trades. Apprenticeships and high school outreach are essential.
  • AI is gaining traction: From administrative tasks to predictive maintenance, AI is being explored for efficiency and knowledge retention.
  • Digital tools need better integration: Customers are interested in remote monitoring but need help interpreting data and seeing ROI.
  • Field service is growing: It represents a significant and expanding portion of revenue, with techs often serving as the best salespeople.
  • Sustainability is under-leveraged: Despite strong environmental benefits, the industry isn’t effectively communicating its sustainability value.
  • Consolidation is reshaping the landscape: While private equity brings capital and growth, cultural fit and long-term vision remain crucial for success.
  • Small businesses remain viable: With the right investments in people, technology, and customer relationships, smaller EASA members can thrive.



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