Europe MRO Distribution Market size is expected to reach USD 259.16 billion by 2030

 Europe MRO Distribution Industry Overview

The Europe MRO distribution market size was estimated at USD 202.88 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 2.8% from 2022 to 2030.

 

 Growing demand for repair, maintenance, and service operations in manufacturing and industrial activities majorly in Norway, Sweden, Germany, and Finland is expected to provide growth opportunities to the maintenance, repair, & overhaul (MRO) market. Commercial availability of the MRO products and skilled workforce for services has created a wide scope for the development of industrial and manufacturing activities in the region. This also has improved sales for the prominent players in European economies. Furthermore, ascending industrial output is expected to increase the MRO operations in Germany, Italy, France, and Russia.

 

Gather more insights about the market drivers, restrains and growth of the Europe MRO Distribution Market

 

Several industries in Europe have adopted integrated service concepts to improvise the quality of service and equipment that are used in critical operations. This concept also helps the industries to reduce the cost of repair and maintenance. This trend is anticipated to drive the market in Europe over the projected time. As maintenance and repair operations are an integral part of daily operational activities and the elevation of the MRO distribution industry in the region, especially post-recession period along with the advantages associated with the outsourcing of MRO processes, most industries in Europe prefer to be associated with distributors rather than managing these activities in-house. These factors are expected to drive the market in Europe over the forecast period.

 

The introduction of e-commerce platforms has significantly impacted the regional market. Distributors and the channel partners for the essential components of MRO have benefitted themselves through these platforms owing to a more optimized and smooth operational flow. This has directly influenced the business models for MRO service providers across Europe. Key players are focusing on achieving optimal operational costs, enhancing the quality, maximizing output, and acquisition of small players to sustain themselves in the competitive market. Along with the component distribution, major players are focusing on providing additional services for repair and maintenance. Also, these players are focusing on inventory management to smoothen the in-flow and out-flow of the components.

 

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Europe MRO Distribution Market Segmentation

Grand View Research has segmented the Europe MRO distribution market on the basis of product, sourcing/service type, maintenance type, application, distribution channel and country:

Europe MRO Distribution Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Pipes, Valves & Fittings
  • Electrical Items
  • Packaging Supplies
  • Machine Consumables

Europe MRO Distribution Sourcing/Service Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Internal MRO
  • External MRO

Europe MRO Distribution Maintenance Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Preventive/Scheduled Maintenance
  • Corrective Maintenance

Europe MRO Distribution Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • Direct
  • Indirect

Europe MRO Distribution Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Food, Beverage & Tobacco
  • Textile, Apparel & Footwear
  • Wood & Paper
  • Mining, Oil & Gas
  • Basic Metals & Metal Products
  • Rubber, Plastic & Non-metallic Products
  • Chemicals
  • Pharmaceuticals
  • Electronics
  • Machinery & Equipment
  • Electrical Equipment
  • Transport Equipment
  • Manufacturing
  • Others

 

Key Companies Profile

Some of the prominent players in the Europe MRO distribution market include:

  • Cromwell Group (Holdings) Ltd.
  • Graco Inc.
  • WABCO
  • Mento AS
  • Valeo Service U.K. Ltd.
  • Ascendum
  • Bodo Möller Chemie GmbH
  • Lindberg & Lund AS
  • MCtechnics
  • Neumo-Egmo Spain SL
  • Gazechim Composites Norden AB
  • Plastorgomma Srl
  • Norwegian Oilfield Supply AS
  • Kron CIS GmbH

 

Order a free sample PDF of Europe MRO Distribution Market Intelligence Study, published by Grand View Research. 

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