The Europe maintenance, repair, and operations (MRO) industry is estimated at around USD 126.18 billion in 2023. The market is expected to grow at a CAGR of 1.7% during the forecast period 2024-2032.
Base Year
Historical Year
Forecast Year
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Germany is expected to continue its lead throughout the forecast period of the maintenance, repair, and operations (MRO) market. Automotive, metal, coal, machine tools, optical, textile, plastic goods, chemicals, electrical equipment, ships, high precision equipment, and pharmaceuticals are the industries that contribute to the country's economic growth. The MRO market has benefitted from the introduction of cutting-edge technologies across the country's prospective sectors. Players in the country are concentrating on producing energy-efficient building envelopes, which opens up more chances for market expansion. Chemical industries have chosen these areas because of the availability of hydroelectricity and the presence of coal mines in the country.
Over the forecast period, the food and beverage industry is expected to increase at a high rate. Growing international demand for speciality foods including pasta and bread items is expected to boost market growth. The MRO industry is expected to benefit from increased production of food items and packaged food.
Maintenance, repair, and operation (MRO) is defined as a variety of investments made by businesses to improve the efficiency of their operations and production processes. MRO can also be defined as the collection of operations and activities involved with the upkeep of a plant or facility, which can include the physical maintenance of a building's structure, the facility's operating systems, and the equipment required to perform various functions in the facility.
By provider, the market is divided into:
The industry can be broadly categorised based on its end-use segments into:
The regional markets for maintenance, repair, and operations (MRO) industry can be divided into:
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The Maintenance, Repair, and Overhaul (MRO) market is predicted to develop in response to rising demand for repair, maintenance, and service operations in manufacturing and industrial activities, particularly in Germany and Finland. The commercial availability of MRO products and a skilled workforce for services has opened up a lot of opportunities for Europe's industrial and manufacturing sectors to grow. The sales of the major players in the European economy have also improved as a result of this. In Germany, Italy, and France, rising industrial output is likely to boost MRO operations. Several European businesses have implemented integrated service ideas to improve service and equipment quality in essential operations. This approach also aids industry in lowering repair and maintenance costs. Over the next few years, this trend is expected to propel the MRO distribution industry in Europe. The MRO distribution industry in Europe has also been considerably impacted by the emergence of e-commerce platforms. Over the forecast period, rising demand for durable and sophisticated bearings is expected to propel the market forward.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The report gives a detailed analysis of the following key players in the Europe maintenance, repair, and operations (MRO) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2023, the Europe maintenance, repair, and operations (MRO) market attained a value of nearly USD 126.18 billion.
The market is projected to grow at a CAGR of 1.7% between 2024 and 2032.
The major drivers of the market include the introduction of cutting-edge technologies, growing international demand for speciality foods, increased production of food items and packaged food, commercial availability of MRO products, skilled workforce, and rising demand for durable and sophisticated bearings.
The rising demand for repair, maintenance, and service operations in manufacturing and industrial activities and the emergence of e-commerce platforms are the key industry trends propelling the growth of the market.
The major regions in the industry are United Kingdom, Germany, Italy, and France, among others.
By provider, the market is divided into OEM and aftermarket.
The end use of the market includes manufacturing, construction, electrical, facility, mining, aerospace and defence, automotive, food and beverages, pharmaceuticals, chemicals, oil and gas, among others.
The major players in the industry are Adolf Würth GmbH & Co. KG, Airgas Inc., WESCO International Inc., Sonepar SA, and W.W. Grainger Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Provider |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share