How big is the Maintenance, Repair, And Operations (MRO) Market?

The Maintenance, Repair, And Operations (MRO) Market size is expected to reach USD 430.98 billion in 2024 and grow at a CAGR of 2.28% to reach USD 482.40 billion by 2029. Read More

What is the current Maintenance, Repair, And Operations (MRO) Market size?

In 2024, the Maintenance, Repair, And Operations (MRO) Market size is expected to reach USD 430.98 billion. Read More

Who are the key players in Maintenance, Repair, And Operations (MRO) Market?

Wurth Group GmbH, Airgas Inc. (Air Liquide SA), Applied Industrial Technologies Inc., MSC Industrial Direct Co. Inc. and Rubix Limited are the major companies operating in the Maintenance, Repair, And Operations (MRO) Market. Read More

Which is the fastest growing region in Maintenance, Repair, And Operations (MRO) Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Maintenance, Repair, And Operations (MRO) Market?

In 2024, the Europe accounts for the largest market share in Maintenance, Repair, And Operations (MRO) Market. Read More

What years does this Maintenance, Repair, And Operations (MRO) Market cover, and what was the market size in 2023?

In 2023, the Maintenance, Repair, And Operations (MRO) Market size was estimated at USD 421.37 billion. The report covers the Maintenance, Repair, And Operations (MRO) Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Maintenance, Repair, And Operations (MRO) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Maintenance, Repair, And Operations (MRO) Market Share

Statistics for the 2023 & 2024 Maintenance, Repair, And Operations (MRO) market share, created by Mordor Intelligence™ Industry Reports. Maintenance, Repair, And Operations (MRO) share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Maintenance, Repair, And Operations (MRO) Industry

The MRO market comprises several global and regional players, such as Wurth Group GmbH, Airgas Inc. (Air Liquide SA), Applied Industrial Technologies Inc., and MSC Industrial Direct Co. Inc. These players are competing fiercely in a highly competitive market. Vendors in the market are adopting key competitive strategies such as acquisitions, partnerships with industry participants, and new product rollouts.

In March 2023, Sonepar France announced the acquisition of a majority stake in Alliantz, a privately-owned distributor of photovoltaics and energy efficiency solutions. This acquisition will enable the company to rapidly leverage its distribution network and strengthen its technical capabilities to better serve electrical and specialized solar installers.