The MRO (maintenance, repair and operational supply) program is the supply used in the production process and ultimately not visible in the final product itself.It is an important part of most manufacturing and service operations.Even if these projects are not a direct part of the assembly product, they help maintain appropriate operational standards to ensure that all different areas of the business have what they need to function properly.In procurement, processing and stored procedures, they should be ensured for productive use in order to derive maximum benefit from these purchases.Enterprise resource planning (ERP) systems typically include an MRO management component that will help companies improve the efficiency of this critical business process.
This report contains market size and forecasts of Maintenance Repair and Operations (MRO) in Global, including the following market information:
Global Maintenance Repair and Operations (MRO) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Maintenance Repair and Operations (MRO) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Aerospace Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Maintenance Repair and Operations (MRO) include W.W. Grainger, GE, Rolls-Royce, MTU Maintenance, Lufthansa Technik, Pratt & Whitney, Air France/KLM, Snecma and Delta TechOps, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Maintenance Repair and Operations (MRO) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Maintenance Repair and Operations (MRO) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Maintenance Repair and Operations (MRO) Market Segment Percentages, by Type, 2021 (%)
Aerospace
Computers
Industrial Equipment
Consumables
Plant Upkeep Supplies
Power Transmission
Tools
Fasteners
Other
Global Maintenance Repair and Operations (MRO) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Maintenance Repair and Operations (MRO) Market Segment Percentages, by Application, 2021 (%)
Aerospace
Mining
Pharmaceutical
Chemical
CPG(Consumer Packaged Goods)
Oil and Gas
Automotive
Food and Beverages
Transportation
Other
Global Maintenance Repair and Operations (MRO) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Maintenance Repair and Operations (MRO) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Maintenance Repair and Operations (MRO) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Maintenance Repair and Operations (MRO) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
W.W. Grainger
GE
Rolls-Royce
MTU Maintenance
Lufthansa Technik
Pratt & Whitney
Air France/KLM
Snecma
Delta TechOps
Standard Aero
BBA Aviation
Chromalloy
ITP
Air New Zealand
Bet Shemesh
IAI
Wood Group Turbopower
Sonepar
Adolf Wurth
WESCO International
Eriks
Anixter
AAR Corporation