Maintenance Repair and Operations Market Report 2026

The maintenance repair and operations market size has grown steadily in recent years. It will grow from $711.44 billion in 2025 to $736.17 billion in 2026 at a compound annual growth rate (CAGR) of 3.5%. The growth in the historic period can be attributed to growth in industrial infrastructure, rising need for equipment maintenance reliability, expansion of manufacturing operations, increasing awareness of downtime cost reduction, development of organized mro supply ecosystems.

The maintenance repair and operations market size is expected to see steady growth in the next few years. It will grow to $864.62 billion in 2030 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to increasing shift toward predictive maintenance, rising industrial automation expansion, growing demand for cost optimized maintenance solutions, expansion of multi industry mro requirements, stronger emphasis on operational efficiency improvement. Major trends in the forecast period include increasing focus on plant reliability and operational continuity, rising adoption of structured maintenance programs, growing emphasis on outsourced mro services, expansion of preventive and predictive maintenance practices, increasing demand for efficient industrial support services.

The increasing level of investment in infrastructure development is anticipated to support the growth of the maintenance, repair, and operations market in the coming years. Infrastructure development involves the planning, design, financing, construction, and upkeep of physical and organizational systems and facilities that are vital to the functioning of an economy or society. MRO services play a critical role in managing and maintaining infrastructure assets such as buildings, bridges, roads, and utility systems, helping ensure durability and operational reliability while reducing the need for expensive replacements through routine maintenance. For example, in July 2024, data released by the Office for National Statistics (ONS), a UK-based government authority, indicated that in 2023 total investment in the infrastructure sector reached £13.8 billion (approximately USD 17.3 billion) at constant prices, reflecting a 3.9% increase compared to 2022. As a result, rising investments in infrastructure development are driving the expansion of the maintenance, repair, and operations market.

Major companies operating in the maintenance, repair, and operations market are focusing on innovative products, such as innovative clinical data exchange, to enhance operational efficiency, improve service delivery, and optimize maintenance processes across various sectors. Innovative clinical data exchange refers to the advanced sharing of healthcare information between providers, payers, and patients using cutting-edge technology to enhance communication, improve patient outcomes, and streamline care delivery. For instance, in June 2023, MRO Corp., a US-based healthcare organization, launched Payer Exchange. Payer Exchange is a technology solution designed to automate the clinical data exchange process between healthcare providers and payers, significantly reducing administrative burdens during risk adjustment and other mandatory reviews. By digitizing and streamlining the patient information request and fulfillment process, it enhances efficiency and minimizes manual intervention, allowing for faster response times to medical record requests. This solution not only improves workflow transparency but also ensures compliance with data privacy regulations while maintaining high-quality data exchange standards.

In September 2024, Safran, a France-based aerospace and defense company, acquired Component Repair Technologies for an undisclosed amount. This acquisition was intended to enhance Safran's capabilities in component repair services, thereby strengthening its portfolio in the aerospace maintenance, repair, and overhaul (MRO) market. Component Repair Technologies, a US-based company, is known for its expertise in delivering advanced repair solutions for aircraft components, which contribute to improved efficiency and reliability in aviation operations.

Major companies operating in the maintenance repair and operations market report are Airgas Inc., Applied Industrial Technologies Inc., W.W. Grainger Inc., Lawson Products Inc., WESCO International Inc., ERIKS N.V., Adolf Wurth GmbH And Co. KG, Graybar Electric Company Inc., Rexel Group, Genuine Parts Company, Johnson Controls International plc, Caterpillar Inc., Motion Industries Inc., Rubix Limited, HAECO Group, MSC Industrial Direct Co. Inc., Hayley Group Limited, RS Components, Sonepar SA, Fastenal Company, The Home Depot Inc., Builders Firstsource Inc., Bluelinx Holdings, Eastern Power Technologies Inc., Consolidated Electrical Distributors Inc., Elliot Electric Supply Company, Border States Electric Industries Inc., Ferguson plc, HD Supply Holdings Inc.

Europe was the largest region in the maintenance repair and operations market in 2025. Asia-Pacific is expected to be the fastest-growing region in the global maintenance repair and operations market during the forecast period. The regions covered in the maintenance repair and operations market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the maintenance repair and operations market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The maintenance, repair, and operations (MRO) market consists of revenues earned by entities by providing services such as facility lighting services, maintenance services, and janitorial services. The market value includes the value of related goods sold by the service provider or included within the service offering. The maintenance, repair, and operations market also includes sales of drill presses, forklifts, jacks, powered and manual hand tools, mops, and brooms, which are used in providing maintenance, repair, and operations services. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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