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Europe Maintenance, Repair, and Operations (MRO) Market Size: By Provider: OEM, Aftermarket; By End Use: Manufacturing, Construction, Electrical, Facility, Mining, Aerospace and Defence, Automotive, Food and Beverages, Pharmaceuticals, Chemicals, Oil and Gas, Others; Regional Analysis; Competitive Landscape; 2024-2032
Europe Maintenance, Repair, and Operations (MRO) Market Outlook
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.
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Germany to be a Significant Regional Market for Maintenance, Repair, and Operations (MRO)
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 Operations (MRO): Market Segmentation
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.
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By provider, the market is divided into:
- OEM
- Aftermarket
The industry can be broadly categorised based on its end-use segments into:
- Manufacturing
- Construction
- Electrical
- Facility
- Mining
- Aerospace and Defence
- Automotive
- Food and Beverages
- Pharmaceuticals
- Chemicals
- Oil and Gas
- Others
The regional markets for maintenance, repair, and operations (MRO) industry can be divided into United Kingdom, Germany, Italy, and France, among others.
Growing Demand in Manufacturing and Industrial Activities Boosting the Market Growth
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.
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Key Industry Players in the Europe Maintenance, Repair, and Operations (MRO) Market
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:
- Wurth Group GmbH
- Airgas Inc.
- WESCO International Inc.
- Sonepar SA
- W.W. Grainger Inc.
- Others
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.
Key Highlights of the Report:
| 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:
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| Breakup by Provider |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Europe
7 Opportunities and Challenges in the Market
8 Europe Maintenance, Repair, and Operations (MRO) Market Analysis
8.1 Key Industry Highlights
8.2 Europe Maintenance, Repair, and Operations (MRO) Historical Market (2018-2023)
8.3 Europe Maintenance, Repair, and Operations (MRO) Market Forecast (2024-2032)
8.4 Europe Maintenance, Repair, and Operations (MRO) Market by Provider
8.4.1 OEM
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Aftermarket
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Europe Maintenance, Repair, and Operations (MRO) Market by End Use
8.5.1 Manufacturing
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Construction
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Electrical
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Facility
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Mining
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Aerospace and Defence
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Automotive
8.5.7.1 Historical Trend (2018-2023)
8.5.7.2 Forecast Trend (2024-2032)
8.5.8 Food and Beverages
8.5.8.1 Historical Trend (2018-2023)
8.5.8.2 Forecast Trend (2024-2032)
8.5.9 Pharmaceuticals
8.5.9.1 Historical Trend (2018-2023)
8.5.9.2 Forecast Trend (2024-2032)
8.5.10 Chemicals
8.5.10.1 Historical Trend (2018-2023)
8.5.10.2 Forecast Trend (2024-2032)
8.5.11 Oil and Gas
8.5.11.1 Historical Trend (2018-2023)
8.5.11.2 Forecast Trend (2024-2032)
8.5.12 Others
8.6 Europe Maintenance, Repair, and Operations (MRO) Market by Country
8.6.1 United Kingdom
8.6.2 Germany
8.6.3 Italy
8.6.4 France
8.6.5 Others
9 Regional Analysis
9.1 United Kingdom
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Germany
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Italy
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 France
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Wurth Group GmbH
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Airgas Inc.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 WESCO International Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Sonepar SA
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 W.W. Grainger Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Europe Maintenance, Repair, and Operations (MRO) Market: Key Industry Highlights, 2018 and 2032
2. Europe Maintenance, Repair, and Operations (MRO) Historical Market: Breakup by Provider (USD Million), 2018-2023
3. Europe Maintenance, Repair, and Operations (MRO) Market Forecast: Breakup by Provider (USD Million), 2024-2032
4. Europe Maintenance, Repair, and Operations (MRO) Historical Market: Breakup by End Use (USD Million), 2018-2023
5. Europe Maintenance, Repair, and Operations (MRO) Market Forecast: Breakup by End Use (USD Million), 2024-2032
6. Europe Maintenance, Repair, and Operations (MRO) Historical Market: Breakup by Country (USD Million), 2018-2023
7. Europe Maintenance, Repair, and Operations (MRO) Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Maintenance, Repair, and Operations (MRO) Market Structure
Key Questions Answered in the Report
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 Wurth Group GmbH, Airgas Inc., WESCO International Inc., Sonepar SA, and W.W. Grainger Inc., among others.
Analyst Review
The Europe maintenance, repair, and Operations (MRO) market attained a value of nearly USD 126.18 billion in 2023, driven by the rising demand for repair, maintenance, and service operations in manufacturing and industrial activities. Aided by the introduction of cutting-edge technologies and the emergence of e-commerce platforms, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 1.7%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. 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 regional markets for maintenance, repair, and operations (MRO) are United Kingdom, Germany, Italy, and France, among others. The key players in the above market are Wurth Group GmbH, Airgas Inc., WESCO International Inc., Sonepar SA, and W.W. Grainger Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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