Europe MRO Distribution Market By Distribution Channel, Type, Product, And Application 2022

 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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  • North America MRO Distribution 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. 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.

 

Europe MRO Distribution Market Segmentation

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

 

  • Product Outlook (Revenue, USD Million, 2017 - 2030)
    • Bearings & Power Transmission
    • Pipes, Valves & Fittings
    • Electrical Items
    • Packaging Supplies
    • Machine Consumables

 

  • Sourcing/Service Type Outlook (Revenue, USD Million, 2017 - 2030)
    • Internal MRO
    • External MRO

 

  • Maintenance Type Outlook (Revenue, USD Million, 2017 - 2030)
    • Preventive/Scheduled Maintenance
    • Corrective Maintenance

 

  • Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)
    • Direct
    • Indirect

 

  • 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

 

  • Country Outlook (Revenue, USD Million, 2017 - 2030)
    • Czech Republic
    • Hungary
    • Slovakia
    • Austria
    • Finland
    • France
    • Germany
    • Italy
    • Belgium
    • The Netherlands
    • Poland
    • Sweden
    • Denmark
    • Switzerland

 

Market Share Insights

  • August 2021: Optimas Solutions, a global industrial distributor and service provider, announced the launch of the Heavy-Duty Truck and Bus Service Program to meet the in-demand maintenance, repair, and operations (MRO), PPE, and standard parts for bus and truck service centers.
  • July 2021: Top cast Aviation Supplies, an aircraft parts distribution, and MRO services company, announced the expansion of its distribution agreement with Conidia Bioscience. After this agreement, Topcast has become an approved distributor in commercial aviation and supporting MRO organizations.

 

Key Companies profiled:

Some prominent players in the global 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
  • Elmbridge Supplies Company Ltd.
  • Mates Italiana SRL
  • ABIC Kemi AB, Ferguson plc
  • RS Components
  • Transfer Multisort Elektronik Sp. z.o.o.
  • Premier Farnell, Sonepar
  • Wurth Group
  • Lapp Group
  • Weidmüller Interface GmbH & Co. KG
  • Pepperl+Fuchs AG
  • ebm-papst Group
  • WAGO Kontakttechnik GmbH & Co. KG
  • Rittal GmbH & Co. KG
  • Phoenix Contact
  • Schneider Electric
  • Panasonic Industry Europe GmbH
  • Festo AG & Co. KG
  • ABB Group
  • Rohde & Schwarz
  • Fluke Corporation
  • Testo SE & Co. KGaA
  • BENNING Elektrotechnik und Elektronik GmbH & Co. KG
  • Wera Werkzeuge GmbH
  • RUBIX
  • Descours & Cabaud
  • Eriks Group

 

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

 

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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