Maintenance Repair and Operations (MRO) Market Growth 2022, Demand and Forecast Till 2027

The latest report published by IMARC Group, titled “Maintenance Repair and Operations (MRO) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global maintenance repair and operations (MRO) market research report. The report also includes competitor and regional analysis, and contemporary advancements in the global market.The global maintenance repair and operations (MRO) market reached a value of US$ 626.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 747.7 Billion by 2027 exhibiting a CAGR of 2.70% during 2022-2027.  Maintenance, repair and operations (MRO) include numerous tools and activities that are associated with the daily operations of businesses. They consist of powered and manual tools and computer numerical control (CNC) devices that are widely utilized to conduct periodic assessments. As a result, their utilization ensures that the systems and facilities are safe to use and maintained in a proper manner. Consequently, they are extensively adopted across construction, defense, mining and aerospace industries.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request Free Sample Report (Exclusive Offer on this report):

Global Maintenance Repair and Operations (MRO) Market Trends:

The global market is primarily driven by rapid industrialization, especially in developing regions. This is supported by the increasing production processes that have led to the rising demand for MRO tools, thereby creating a positive outlook for the market across the globe. Along with this, the increasing need to enhance product quality while minimizing operational costs has encouraged numerous businesses to heavily invest in the deployment of MRO equipment, which is providing a boost to the market growth on the global level. Other factors, including rapid digitization and cyclical fluctuations in new equipment sales, are contributing to the market growth further.

Global Maintenance Repair and Operations (MRO) Market 2022-2027 Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players being:

  • Adolf Wurth GmbH & Co. KG
  • Airgas Inc. (Air Liquide S.A)
  • Applied Industrial Technologies Inc
  • Cromwell Group Holdings Ltd. (W. W. Grainger Inc.)
  • Electrocomponents PLC
  • Eriks NV (SHV Holdings)
  • Genuine Parts Company
  • Graybar Electric Company Inc.
  • Hayley Group Limited (Descours et Cabaud SA)
  • Lawson Products Inc.
  • Rexel
  • Wesco International Inc.

Breakup by Provider:

  • OEM
  • Aftermarket

Breakup by MRO Type:

  • Industrial MRO
  • Electrical MRO
  • Facility MRO

Breakup by Technology:

  • 3D Printing
  • AR/VR
  • Artificial Intelligence
  • Robotics
  • Big Data Analytics
  • Internet of Things
  • Predictive Maintenance
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure:

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800


Elena has been working in the market research industry for a while, wherein she has gained expertise knowledge and skills in creating tailored content based on client’s demands. Using her effective market research, writing, editing and proofreading skills, she has developed different forms of content, including reports, which has been published on the company’s website.
Back to top button