The 2023 Maintenance Engineering Report, based on a survey of 683 UK & Ireland respondents shows companies are averaging 20 hours of unplanned downtime every week – at an average cost of £100,000.
Those additional expenses come on top of significant costs for scheduled maintenance. According to the survey responses, the average time spent on scheduled maintenance is 18 hours, at an average weekly cost of £93,700 or £5,000 an hour.
Amid rising costs, it’s little wonder that maintenance engineers told our survey that downtime is the biggest challenge they face.
Download the report summary to find out more.