North America MRO Distribution Market Status, Key Vendors Analysis and Regional Outlook 2022-2030

Posted on 2022-06-07 by researchinsights in Automotive // 0 Comments

San Francisco, California , USA, June 07, 2022 — /EPR Network/ —

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.

Canada Maintenance, Repair & Overhaul Distribution Market – The Canada maintenance, repair & overhaul distribution market size was estimated at USD 13.60 billion in 2020 and is expected to expand at a compounded annual growth rate (CAGR) of 4.3% from 2020 to 2028.
Aerospace And Defense MRO Market – The global aerospace and defense MRO market size was estimated at USD 44.4 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 14.0% from 2021 to 2028.

North America MRO Distribution Market Segmentation

Grand View Research has segmented the global North America MRO distribution market based on 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
North America MRO Distribution Regional Outlook (Revenue, USD Million, 2017 – 2030)
North America
- S.
  - New England
  - Mid-Atlantic
  - East North Central
  - West North Central
  - South Atlantic
  - East South Central
  - West South Central
  - West Region
- Canada

Market Share Insights

December 2020: Graybar completed the acquisition of Shingle & Gibb Automation. Headquartered in Moorestown, NJ, Shingle & Gibb Automation provides advanced automation and control solutions to industrial users and original equipment manufacturers (OEMs). Shingle & Gibb Automation was founded in 1933 and had five locations in the eastern United States.
February 2020: Ferguson PLC completed its purchase agreement to acquire Columbia Pipe & Supply Co., an independent distributor headquartered in Chicago. This acquisition not only increases its existing customer base but also accelerates its Chicago market strategy to expand across the Midwest of the United States rapidly.

Key Companies profiled:

Some prominent players in the global 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 the North America 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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