USA Maintenance Repair & Operations Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

USA Maintenance Repair & Operations (MRO) Industry Overview

The United States Maintenance, Repair, and Operations (MRO) Market is fragmented and highly competitive due to multiple vendors operating in the domestic and international markets. The market appears to be moderately concentrated. The significant players adopt strategies such as mergers, acquisitions, and expansions to expand their geographic reach and stay competitive. Some of the major players in the market are DNOW Inc. (DistributionNOW), Airgas Inc. (Air Liquide SA), Ferguson PLC, Motion Industries Inc. (Genuine Parts Company), and HD Supply Holdings Inc., among others.

• May 2024 - Ferguson PLC bolstered its offerings by acquiring AVCO Supply Inc. This move underscores Ferguson's dedication to offering tailored solutions to mechanical contractors. Moreover, it enhances Ferguson's existing prowess in commercial pipe, valve, and fitting products, as well as in the hydronic categories, particularly in the Philadelphia market.
• March 2024 - The MSC Industrial Direct Co. Inc. successfully finalized the acquisition of intellectual property (IP) assets from Schmitz Manufacturing Research & Technology LLC (SMRT). These assets are specifically tailored to enhance MSC's technology offerings for the US manufacturing sector.