The Europe MRO distribution market size is anticipated to reach USD 219.54 billion by 2025
It is projected to expand at a CAGR of 2.5% from 2019 to 2025. Increasing need for development, maintenance, and repair of industrial equipment and services for different industries is expected to drive regional growth.
The global recession of 2008-09 had a severe impact on almost every industrial sector in Europe. As a result, in the post-recession period most of the industrial sectors have reformed their operational activities to enhance their rate of investment.
One of such activities is the increased spending on MRO services and equipment. In comparison to increased capital investment by opting for new equipment and processes, increasing investments on MRO for repair of old and aged equipment is likely to be a profitable option. This in turn is anticipated to drive the MRO distribution market in the region during the forecast years.
The introduction of e-commerce platform, which helps market players achieve higher productivity and offer them smooth access to target marketplaces, is the most imperative trend which is currently influencing the Europe MRO distribution market positively.
External MRO was the largest sourcing/service segment in 2018 owing to the added advantage of outsourcing for maintenance and repair products and services in comparison to internal service type. External MRO distribution services are anticipated to be the fastest growing sourcing or service segment with a CAGR of 2.7% from 2019 to 2025.
Further key findings from the report suggest:
Machine consumable led the product segment in 2018 with a market share of over 30%.
Germany was the largest regional market in 2018 with a total share of 21.6%. The market in the country is anticipated to register a CAGR of 2.7% from 2019 to reach USD 48.32 billion by 2025.
Poland preventive/scheduled MRO services market was valued at USD 4.98 billion in 2018 and is projected to expand at a CAGR of 5.3% over the forecast period.
Many of the MRO companies undergo expansion by increasing their capacity or by acquiring other smaller companies or a technology of a company to boost their market share.
Wurth Group, F.W. Web Company, Kron-CIS Gmbh, Vogel Autohouse GMBH, Wolseley, and Hans-Albert Frber GMBH, Wolseley, and IPH Group are few of the major companies operating in the Europe MRO Distribution market.
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Europe MRO Distribution Market Variables, Trends & Scope 3.1 Market Lineage Outlook 3.1.1 Global MRO Outlook 3.1.2 Global Industrial Tools & Machinery Market Outlook 3.2 Penetration & Growth Prospect Mapping 3.3 Industrial Value Chain Analysis 3.3.1 Impact Of E-Commerce In European MRO Industry: 3.3.2 Manufacturing Trends 188.8.131.52 Outsourcing & Contract Manufacturing Trends 3.3.3 Sales Channel Analysis 3.3.4 Vendor Selection Criteria Analysis 3.4 Technology Overview 3.5 Regulatory Framework 3.5.1 Product Classification Codes 3.5.2 Safety 3.6 Market Dynamics 3.7 MRO services and labor charges Vs consumables cost analysis 3.7.1 Market Driver Analysis 184.108.40.206 Technology Advancement And Optimization Of The Supply Chain 220.127.116.11 Growth Of Various End Use Industries 3.7.2 Market Restraint Analysis 18.104.22.168 Mounting Price Pressure On The Distributors 3.7.3 Industry Challenges 3.8 Business Environment Analysis: Europe MRO Distribution Market 3.8.1 Porter's Five Forces 3.9 PESTEL analysis 3.10 Market Entry Strategies
Chapter 4 Europe MRO Distribution Market: Product Estimates & Trend Analysis 4.1 Definition & Scope 4.2 Product Movement Analysis & Market Share, 2018 & 2025 4.3 Market Size & Forecasts and Trend Analysis, 2009 to 2025 for the Following (USD Million): 4.3.1 Bearings & Power Transmission 4.3.2 Pipes, Valves & Fittings 4.3.3 Electrical Items 4.3.4 Packaging Supplies 4.3.5 Machine Consumables
Chapter 5 Europe MRO Distribution Market: Sourcing/Service Estimates & Trend Analysis 5.1 Definition & Scope 5.2 Sourcing/Service Movement Analysis & Market Share, 2018 & 2025 5.3 Market Size & Forecasts and Trend Analysis, 2009 to 2025 for the Following (USD Million): 5.3.1 Internal MRO 5.3.2 External MRO
Chapter 6 Europe MRO Distribution Market: Maintenance Type Estimates & Trend Analysis 6.1 Definition & Scope 6.2 Maintenance Type Movement Analysis & Market Share, 2018 & 2025 6.3 Market Size & Forecasts and Trend Analysis, 2009 to 2025 for the Following (USD Million): 6.3.1 Preventive/Scheduled Maintenance 6.3.2 Corrective Maintenance
Chapter 7 Europe MRO Distribution Market: End Use Estimates & Trend Analysis 7.1 Definition & Scope 7.2 End Use Movement Analysis & Market Share, 2018 & 2025 7.3 Market Size & Forecasts and Trend Analysis, 2009 To 2025 for the Following (USD Million): 7.3.1 Food, Beverage & Tobacco 7.3.2 Textile, Apparel & Footwear 7.3.3 Wood & Paper 7.3.4 Mining, Oil & Gas 7.3.5 Basic Metals & Metal Products 7.3.6 Rubber, Plastic And Non-Metallic Products 7.3.7 Chemicals 7.3.8 Pharmaceuticals 7.3.9 Electronics 7.3.10 Machinery And Equipment 7.3.11 Electrical Equipment 7.3.12 Transport Equipment 7.3.13 Manufacturing 7.3.14 Others
Chapter 8 Europe MRO Distribution Market: Regional Estimates & Trend Analysis 8.1 Market Share Analysis by Country, 2018
Chapter 9 Europe MRO Distribution Market - Competitive Analysis 9.1 Key Global Players & Recent Developments & Their Impact on the Industry 9.2 Key Company/Competition Categorization (Key innovators, Market leaders, emerging players) 9.3 Vendor Landscape 9.4 Major Companies