Rising government investments in public infrastructure projects significantly drive the global Maintenance, Repair, and Operations (MRO) market by creating increased demand for upkeep, repair, and optimization of essential infrastructure. Investments in roads, bridges, airports, power plants, and water facilities necessitate robust MRO solutions to ensure operational efficiency, reduce downtime, and extend asset life. This trend is particularly pronounced in developing economies where infrastructure development is accelerating, alongside developed nations focusing on upgrading aging facilities. As governments prioritize sustainable and resilient infrastructure, the role of advanced MRO technologies and services becomes pivotal in meeting long-term project goals.
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Data Bridge Market Research analyzes that the Global Maintenance Repair and Operations (MRO) Market is expected to reach USD 3,372.53 Billion by 2032 from USD 2,138.12 Billion in 2024, growing with a CAGR of 6.19% in the forecast period of 2025 to 2032.
Key Findings of the Study
Expanding Aviation and Manufacturing Industries Worldwide
The expanding aviation and manufacturing industries worldwide are key drivers for the growth of the global Maintenance Repair and Operations (MRO) market. As the demand for air travel and industrial production continues to rise, the need for regular maintenance, repairs, and upgrades to aircraft and manufacturing equipment becomes increasingly vital. The aviation sector, in particular, requires ongoing MRO services to ensure the safety, efficiency, and longevity of aircraft fleets. Similarly, the manufacturing industry relies on MRO solutions to maintain and optimize machinery and equipment, preventing costly downtime. As these industries expand globally, the MRO market will see significant growth, creating opportunities for businesses to provide essential services, technologies, and parts to support this demand.
Report Scope and Market Segmentation
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Report Metric |
Details |
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Forecast Period |
2025 to 2032 |
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Base Year |
2024 |
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Historic Years |
2023 (Customizable to 2013-2017) |
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Quantitative Units |
Revenue in USD Billion |
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Segments Covered |
Product Type (Automation, Hand Tools, Power Transmission, Pipes, Valves & Fitting, Chemicals, Abrasives, Power Tools, Welding Equipment & Gas, Fasteners, Cutting Tools, Rubber Products, Seal, and Others), Type (Production Equipment Repair & Maintenance, Tooling And Consumables, Infrastructure Repair and Maintenance, Material Handling Equipment Maintenance, Landscaping The Grounds Around The Building), Application (Part Replacement, Mobility & Functionality, Predictive Analysis, Performance Monitoring, Inspection, and Others), Technology (Predictive Maintenance, AR/VR, 3D Printing, Blockchain, Artificial Intelligence, Robotics, Big Data Analytics, Digital Twin, IOT, and Others), Providers (Original Equipment Manufacturer (OEM), Aftermarket), End Use (Machinery, Mining, Oil & Gas, Transportation, Aircraft, Chemicals, Metal Processing & Foundry, Pharmaceuticals, Food, Beverage & Tobacco, Electrical, Construction, Rubber, Plastic & Non – Metallic, Textile, Wood & Paper, and Others) |
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Countries Covered |
U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Turkey, Netherlands, Norway, Finland, Denmark, Sweden, Poland, Switzerland, Belgium, Rest of Europe, China, Japan, India, South Korea, Australia, Indonesia, Thailand, Malaysia, Singapore, Philippines, Rest of Asia-Pacific, Brazil, Argentina, rest of South America. U.A.E., Saudi Arabia, South Africa, Egypt, Israel, and rest of Middle East and Africa |
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Market Players Covered |
Home Depot Product Authority LLC (U.S.), W.W. Grainger, Inc. (U.S.), FCX Performance, Inc. (U.S.), Wesco (U.S.), Lufthansa Technik (Denmark), ST Engineering (Singapore), Airgas, Inc. (U.S.), Textron Aviation Inc. (U.S.), GKN AEROSPACE (U.K.), Iberia (Spain), Sonepar (France), AAR (U.S.), Wajax Limited (U.S.), Sepang Aircraft Engineering Sdn Bhd. (Malaysia), SR Technics (Switzerland), Hisco – TestEquity LLC (U.S.), MJETS (Thailand), TAP (Portugal), and United Airlines, Inc. (U.S.) among others |
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Data Points Covered in the Report |
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework. |
Segment Analysis
The global Maintenance Repair and Operations (MRO) market is segmented into six notable segments based on product type, type, application, technology, provider, and end use.
- On the basis of product type, the global Maintenance Repair and Operations (MRO) market is segmented into automation, hand tools, power transmission, pipes, valves & fitting, chemicals, abrasives, power tools, welding equipment & gas, fasteners, cutting tools, rubber products, seal, and others
In 2025, the automation segment is expected to dominate the global Maintenance Repair and Operations (MRO) market
In 2025, the automation segment is expected to dominate the market with a 28.99% market share due to rising government investments in public infrastructure projects significantly drive the global market by creating increased demand for upkeep, repair, and optimization of essential infrastructure.
- On the basis of type, the global Maintenance Repair and Operations (MRO) market is segmented into production equipment repair and maintenance, tooling and consumables, infrastructure repair and maintenance, material handling equipment maintenance, and landscaping the grounds around the building
In 2025, production equipment repair and maintenance segment is expected to dominate the global Maintenance Repair and Operations (MRO) market
In 2025, production equipment repair and maintenance segment is expected to dominate the market with a 38.53% market share due to increase in investments in roads, bridges, airports, power plants, and water facilities necessitate robust MRO solutions to ensure operational efficiency, reduce downtime, and extend asset life.
- On the basis of application, the global Maintenance Repair and Operations (MRO) market is segmented into part replacement, mobility & functionality, predictive analysis, performance monitoring, inspection, and others. In 2025, part replacement segment is expected to dominate the market with a 39.34% market share
- On the basis of technology, the global Maintenance Repair and Operations (MRO) market is segmented into predictive maintenance, AR/VR, 3D printing, blockchain, artificial intelligence, robotics, big data analytics, digital twin, IOT, and others. In 2025, predictive maintenance segment is expected to dominate the market with a 18.95% market share
- On the basis of provider, the global Maintenance Repair and Operations (MRO) market is segmented into Original Equipment Manufacturer (OEM) and aftermarket. In 2025, Original Equipment Manufacturer (OEM) segment is expected to dominate the market with a 64.20% market share
- On the basis of end use, the global Maintenance Repair and Operations (MRO) market is segmented into machinery, mining, oil & gas, transportation, aircraft, chemicals, metal processing & foundry, pharmaceuticals, food, beverage & tobacco, electrical, construction, rubber, plastic & non – metallic, textile, wood & paper, and others. In 2025, machinery segment is expected to dominate the market with a 20.83% market share
Major Players
Home Depot (U.S.), W.W. Grainger, Inc (U.S.), FCX Performance, Inc. (U.S.), WESCO INTERNATIONAL, INC. (U.S.) and among others, are the major players of the global Maintenance Repair and Operations (MRO) market.
Market Developments
- In October 2024, Wesco International announced its acquisition of Ascent, a provider of data center facility management services, with USD 115 million in sales. The acquisition expanded Wesco's data center solutions portfolio, including advanced cooling systems and lifecycle support, enhancing services across the data center market
- In January 2025, Avianca has partnered with Lufthansa Technik to implement its Digital Tech Ops Ecosystem, becoming the first airline in the Americas to use the suite. The collaboration aims to optimize fleet management, reduce costs, and enhance operational efficiency through digital solutions like AMOS, AVIATAR, and flydocs
- In December 2024, AAR and Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) have signed an agreement to form a joint venture in the Asia-Pacific region. The venture will focus on nacelle maintenance, repair, and overhaul services, enhancing support and part availability for next-generation aircraft
- In December 2024, GKN Aerospace has invested USD 55 million to open a state-of-the-art, 150,000 square-foot repair facility in San Diego, expanding MRO capacity for next-generation and legacy aero-engine components. The facility utilizes advanced automation and robotics, enhancing efficiency, product reliability, and reducing turnaround times for global customers in the aerospace sector
- In March 2023, Distribution Solutions Group, Inc. (DSG) announced that it had reached a definitive agreement to acquire Hisco, a leading distributor of specialty products. The acquisition aimed to combine TestEquity and Hisco, creating a major supplier in the electronics industry. Hisco, with sales over USD 400 million in 2022, expanded DSG's product and service offerings, enhancing growth and commercial opportunities
As per Data Bridge Market Research analysis:
North America is the dominating region in the global Maintenance Repair and Operations (MRO) market
North America is the dominating region in the market due to trend in particularly pronounced in developing economies where infrastructure development is accelerating, alongside developed nations focusing on upgrading aging facilities.
Asia-Pacific is the fastest growing region in the global Maintenance Repair and Operations (MRO) market
Asia-Pacific is the fastest growing region in the market due to governments prioritize sustainable and resilient infrastructure, the role of advanced MRO technologies and services becomes pivotal in meeting long-term project goals.
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