North America MRO Distribution Market size is expected to reach USD 188.5 Billion by 2030

 North America MRO Distribution Industry Overview

The North America MRO distribution market size was valued at USD 150.6 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 2.5% from 2022 to 2030. Various initiatives by manufacturers to attain optimum efficiency are expected to drive North America maintenance, repair, and overhaul (MRO) distribution market growth over the forecast period. MRO distribution is one of the critical components of the industry, which is necessary to eliminate downtime. As a result, industries initiate multiple scheduled and preventive maintenance processes. Industries, where supply activities have little direct accountability, might be driven by stock-outs rather than any overarching supply chain plan.

 

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

 

The U.S. exhibits one of the largest MRO sectors in the world and is characterized by the presence of several leading companies. The overall market highlights strategies, such as mergers, acquisitions, joint ventures, and collaborations, to strengthen a company’s business, in terms of production volumes, and meet the desired demand. The manufacturing sector has been worst hit by the current pandemic as manufacturers of non-essential goods have shut down their production facilities in compliance with the government norms for lockdown. This further led to a domino effect on the industry, which has also suspended operations across all the major economies.

 

Fast delivery and maintenance service plays a major role in gaining clients’ confidence. In addition, beneficial product replacement policies and bulk order discounts are lucrative opportunities for end-use companies. Furthermore, the price can be a major factor deciding the choice of supplier for small- and medium-scale businesses. The market is characterized by the presence of a large number of end-use industries in the region, which decreases the bargaining power of the buyers.

 

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports

  • North America Wiring Duct Market: The North America MRO distribution market size was valued at USD 150.6 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 2.5% from 2022 to 2030. 
  • Membrane Separation Technology Market: The global membrane separation technology market size was estimated at USD 22.08 billion in 2021 and is expected to register a compound annual growth rate (CAGR) of 12.2% over the forecast period.

 

North America MRO Distribution Market Segmentation

Grand View Research has segmented the North America maintenance, repair & overhaul distribution market on the basis of product, end use, and region:

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

  • Abrasives
  • Chemicals
  • Cutting Tools
  • Fasteners
  • Hand Tools
  • Pipes, Valves & Fitting
  • Power Tools
  • Power Transmission - Hydraulics
  • Power Transmission - Pneumatics
  • Power Transmission - Electrics
  • Rubber Products
  • Seal
  • Welding Equipment & Gases
  • Automation
  • Others

North America MRO Distribution End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Food, Beverage, & Tobacco
  • Textile
  • Wood & Paper
  • Mining, Oil, & Gas
  • Metal Processing & Foundry
  • Rubber, Plastic & Non-Metallic
  • Chemicals
  • Pharmaceuticals
  • Electrical & Electronics
  • Transportation
  • Construction
  • Others

 

Key Companies Profile

Some of the prominent players in the North America MRO distribution market include:

  • Hillman Group, Inc.
  • Wajax Industrial Components
  • FCX Performance
  • SBP Holdings
  • S. Hughes Co., Inc.
  • DGI Supply
  • Lawson Products, Inc.
  • AWC
  • Hisco, Inc.
  • Kimball Midwest
  • Bisco Industries
  • Kaydon Corporation
  • BDI

 

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

 

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