Emerging Trends Shaping the Future of Europe MRO Distribution Market

The Europe MRO distribution market size is expected to reach USD 259.15 billion by 2030, registering a CAGR of 3.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rise in scheduled maintenance and increasing investments in repair operations are expected to ascend the market growth over the forecast period.

Prominent European industries have adopted integrated repair, maintenance, and operation service concepts for improvements in the equipment and services in critical operations. Many industrial units adopted this change post-recession period and are likely to continue in the projected time. Therefore, the demand for Maintenance, Repair, & Overhaul (MRO) distribution is expected to remain high.

The untapped markets are benefitted owing to the emergence of e-commerce platforms in the European region, thus the penetration of MRO products in the region has escalated. Moreover, the established players in the region have adopted the strategy of acquiring small-scale players to enhance the market presence.

Major players in the regional market are employing several strategies focusing on digital marketing, pricing, product placement, and communication to improve supply channels and enhance sales operations. These enhanced sales processes and standardized sales tools are anticipated to upscale the MRO industry growth in the upcoming future.

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

Europe MRO Distribution Market Report Highlights

• The machine consumables product segment accounted for the largest share of 30.3% in 2023 on account of the increasing focus of the end-users on the maintenance and upkeep of critical equipment in order to maintain and enhance their performance and operational lifetime

• The external MRO service type segment is anticipated to witness the fastest growth from 2024 to 2030 owing to the increasing contracts to third-party MRO service providers by the product manufacturers to increase the geographical operation

• The preventive/scheduled maintenance type segment accounted for the largest share in 2023 and is projected to witness significant growth over the forecast period owing to its rising adoption in order to reduce the breakdown and maintenance time

• The machinery and equipment application segment is projected to expand at the fastest CAGR from 2024 to 2030 on account of the growing demand from a diverse range of industry verticals, including construction, automotive, and metalworking

• Germany accounted for the largest share of 21.9% in 2023 owing to the high adoption of preventive and scheduled MRO among the manufacturers operating in the country.

Key Europe MRO Distribution Companies:

The following are the leading companies in the Europe MRO distribution market. These companies collectively hold the largest market share and dictate industry trends. Financials, strategy maps & products of these Europe MRO distribution companies are analyzed to map the supply network.

• Cromwell Group (Holdings) Ltd.

• Graco

• WABCO

• Mento AS

• Valeo Service

• Ascendum

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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Grand View Research, Inc.

Phone: 1-415-349-0058

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Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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