Market Research Insights

  San Francisco, 12 March 2024:  The Report  North America MRO Distribution Market  Size, Share & Trends Analysis Report By Product (Power Transmission, Automation), By End-use (Food, Beverage & Tobacco), By Region, And Segment Forecasts, 2024 - 2030 The North America MRO distribution market size is anticipated to reach USD 188.47 billion by 2030, registering a CAGR of 2.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. This market growth is attributed to the increasing demand for the product from various end-use industries such as chemical, transportation, electrical & electronics, and construction. Maintenance, repair, and overhaul (MRO) activities contribute to reducing operating costs and improving productivity of industrial operations, which are being driven by their demand in different sectors. The region's manufacturing output has been increasing since 2010 post-recession, and the economies have been reviving. T...

  San Francisco, 14 Apr 2022:  The Report  North America MRO Distribution Market  Size, Share & Trends Analysis Report By Product (Power Transmission, Automation), By End Use (Food, Beverage & Tobacco), By Region, And Segment Forecasts, 2022 - 2030 The North America MRO distribution market size is expected to reach USD 188.5 Billion by 2030, registering a CAGR of 2.5%, according to a new report by Grand View Research, Inc. Increasing product penetration in the manufacturing industry on account of standardization of critical services and equipment is expected to drive the market growth. Moreover, increasing product demand from other end-use industries is also likely to support market growth. The periodic maintenance, repair, and overhaul (MRO) activities help reduce overall costs and enhance the productivity of the industrial operations, which is expected to drive their demand. The MRO distribution or supply chain was traditionally considered an...