North America MRO Distribution Market Expected To Grow With USD 188.47 Billion By 2030
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. This is evident from the f