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
Published Date: May - 2025 | Publisher: MIR | No of Pages: 250 | Industry: advance materials | Format: Report available in PDF / Excel Format
View Details Buy Now 2999 Download Sample Ask for Discount Request CustomizationMarket Size & Trends
The size of the North America MRO distribution market was estimated at USD 161.70 billion in 2024 and is expected to register a CAGR of 2.6% during the forecast period of 2025-2030. The growth of the market is expected to be propelled by various manufacturers' efforts towards realizing the best possible efficiency in the given period. The routine maintenance, repairing, and overhauling operations assist in lowering the cost of operations and improving the industrial activities' productivity. Consequently, industries undertake various scheduled and preventive maintenance activities.
The growth of the demand for MRO distribution within the U.S. is driven primarily by the increasing presence of OEMs and service industry growth within the nation. Furthermore, industrial sector, which is a major contributor to the U.S. GDP, is expected to experience growth due to favorable economic developments, the availability of major players in the market, crucial financial health, growing investments, dollar assessment, and accelerating industrialization. This is also expected to propel the market growth in the nation.
The MRO supply chain or distribution was historically thought to be an indirect part of industrial operations. But MRO adoption has recorded a significant shift within the industries, particularly with the OEMs, as seeing MRO distribution channels as possible partners for improving operational efficiencies to achieve greater profitability. At the same time, technology & service outsourcing providers have created specific solutions addressing the needs of various regional end-use industries.
The producers must keep their assets, such as facilities, equipment, manpower, machineries, etc., because it is necessary to avoid any machinery or equipment breakdown, which otherwise will result in a loss of production and, ultimately, loss of profitability. Therefore, keeping these physical assets intact is unavoidable for operating an organization effectively. The manufacturers ensure maximum utilization of energy, with less downtime, so that physical capital is able to serve longer and be an asset instead of turning into a liability. The manufacturers rely on preventive maintenance and repair services for such production efficiency, driving market growth.
Market Concentration & Characteristics
Market growth level is medium and is gaining momentum. Some of the technologies are being adopted by the distributors of MRO in the market for improving the process and efficiency in the process. MRO distribution has been an industry with significant labor requirement having skilled professional servicing providers. Labor costs, nevertheless, increasing nowadays, are inducing distributors to make investments and specialize in putting in robotics into the MRO marketplace.
There are a number of regulations and standards that govern the North America MRO distribution sector in terms of its products and services. A number of agencies have imposed regulations on the MRO distribution sector in North America. There are also particular regulations in the market that govern manufacturers and distributors of machinery and devices but not operating companies. Nevertheless, the above regulations may have far-reaching implications for the North America MRO distribution market, impacting the evolution and acceptance of MRO services.
There are no substitutes for MRO products. Yet the same product models with alternative brand images are good substitutes for one another. Therefore, the threat of substitutes is zero, except the threat of internal substitution.
End user focus is a major driver in the North America MRO distribution market. Because a number of end-user industries are demanding MRO distribution services. The fact that demand is focused in a few end-user industries provides opportunities for those companies that specialize in offering MRO distribution services for these industries. But it presents challenges to companies that are attempting to compete in an overcrowded market.
Report Coverage & Deliverables
- Competitive benchmarking
- Historical data & forecasts
- Company revenue shares
- Regional opportunities
- Latest trends & dynamics
Product Insights
The automation segment was the market leader with the highest revenue share of 12.7% in 2024. Automation of total maintenance, repair, and overhaul activities is picking up pace in the region due to its advantages of simple maintenance and effective monitoring of each task. Application of completely mechanized and automated equipment, along with integrated software, is adding to the effective services of the structures. Additionally, growing pressures to minimize overall operating time are expected to drive the penetration of automated services in MRO activities.
The power transmission segment is projected to grow with the highest CAGR of 3.5% during the forecast period, as electrical components are being widely used in production mechanisms to enable transmission activities. The components grouped in the mechanical assemblies include current devices, fuses, switches, circuits, and other electric components.
End Use Insights
The chemical sector dominated the market with the highest revenue share of 18.3% in 2024. As reported by the American Chemistry Council (ACC), the chemical sector is projected to register impressive growth throughout the forecast period. The U.S. has been among the desirable places for chemical manufacturers to set up business, with spending on capital in the industry growing 21% in 2018 and standing at more than USD 44 billion, and this has supported the market. The trend is anticipated to be sustained throughout the forecast period.
The food, beverage & tobacco segment is expected to expand at the highest CAGR during the forecast period. The food-producing industries in North America are emphasizing enhancing machine capabilities to enhance food production. Additionally, the companies are also emphasizing the standards for food safety and quality. Therefore, MRO activities in food, beverage, and tobacco plants are performed regularly to ensure the operational flow.
In addition, various facilities are anticipated to be constructed in the region due to heightened shale gas operations to facilitate component distribution. The growth in domestic onshore oil & gas production and shale gas transportation is anticipated to drive the demand for MRO operations in the facilities, sustaining market growth.
Regional Insights
U.S. MRO Distribution Market Trends
The U.S. led the North America MRO distribution market with the highest revenue share of 87.1% in 2024. U.S. has one of the biggest MRO industries globally and is noted for having a number of prominent players. In addition, the country's demand for MRO distribution is mainly fuelled by the increasing presence of OEMs. In addition, the industrial sector, which accounts for a significant share of the GDP of the U.S., is likely to witness growth on account of favorable economic conditions, the presence of significant market players, vital financial status, increasing investments, dollar evaluation, and rapid industrialization. This is further expected to drive the market growth in the country.
Canada MRO Distribution Market Trends
The Canadian MRO distribution market is expected to observe a noteworthy CAGR throughout the forecast period. The manufacturing industry in Canada is predicted to observe a substantial CAGR throughout the forecast period. Therefore, increasing manufacturing of industrial machinery due to increasing demand from end-user industries is expected to drive market growth across the nation.
Mexico MRO Distribution Market Trends
Mexico MRO distribution market is expected to experience at a high CAGR over the forecast period. Automotive, apparel & textile, medical devices, and consumer products are the key manufacturing industries in Mexico. The Mexican automotive manufacturing sector has seen rapid growth in the last few years, thanks to a number of big automotive players such as Chrysler, Fiat, Ford, GM, and Toyota establishing their manufacturing facilities due to proximity to the U.S. and the South American market. This is likely to boost the demand for maintenance, repair, and overhaul services, thereby driving the market growth during the forecast period.
Key North America MRO Distribution Company Insights
Some of the major players in the market are Kaydon Bearings, Bearing Distributors, Inc., and W.W. Grainger, Inc.
Kaydon Bearings engages in designing and producing bearings for different end-use markets such as aerospace & defense, oil & gas, medical systems, industrial machinery, mining, renewable energy, robotics, and semiconductors. The company operates its bearing manufacturing operations through eight production facilities spread across the U.S., Mexico, China, and Brazil.
The principal products of Bearing Distributors, Inc. are mechanical power transmission, electrical power transmission, bearings, and pneumatic & hydraulic fluid power. Its products are utilized in numerous industries, including automotive, food processing, metal fabrication, pulp & paper, material handling, and mining. Moreover, the company also provides various services like repair, automation, Customer Economic Value Added (CEVA) Analysis, and additive manufacturing.
R.S. Hughes Co., Inc., Hisco, Inc., and DGI Supply are a few of the new market players in the North America market.
R.S. Hughes Co., Inc. is primarily engaged in industrial supply distribution and has a large inventory of industrial products that are produced by the ISO 90012008 registered firms. It provides various options for purchasing products to its customers through an online portal, salesmen, and from its warehouse facilities.
Hisco, Inc. provides specialty distribution services to aerospace, defense, electronics, and medical equipment sectors. Hisco, Inc. offers its products under various categories such as abrasives, fasteners & hardware, hand & power tools, motion control & fluid power, and test & measurement.
Key North America MRO Distribution Companies
- Hillman Group, Inc.
- Wajax Limited
- FCX Performance
- SBP Holdings
- R.S. Hughes Co., Inc.
- DGI Supply
- Lawson Products, Inc.
- AWC
- Hisco, Inc.
- W.W. Grainger, Inc.
- Bisco Industries
- Kaydon Bearings
- Bearing Distributors, Inc.
Recent Developments
-
In December 2023, PumpMan, a maintenance, repair, and replacement company for equipment parts of wastewater and water pumps, was acquired by Harrington Process Solutions, a California-based distributing firm. The acquisition will enable Harrington Process Solutions to enhance its hold in the water market through the addition of PumpMan's pump services.
In October 2022, Premier Farnell Limited deepened its investments in industrial products to enable predictive maintenance services for manufacturers. This includes the collection of industrial internet-of-things (IIoT) to enable manufacturers to cut the time, cost, and effort needed to deploy scheduled maintenance.
North America MRO Distribution Market Report Scope
|
Report Attribute |
Details |
|
Market size value in 2025 |
USD 165.74 billion |
|
Revenue forecast in 2030 |
USD 188.48 billion |
|
Growth rate |
CAGR of 2.6% from 2025 to 2030 |
|
Base year for estimation |
2024 |
|
Historical data |
2018 - 2023 |
|
Forecast period |
2025 - 2030 |
|
Quantitative units |
Revenue in USD million/billion and CAGR from 2025 to 2030 |
|
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
|
Segments covered |
Product, end use, and region |
|
Regional scope |
North America |
|
Country scope |
U.S.; Canada; Mexico |
|
Key companies profiled |
Hillman Group, Inc.; Wajax Limited; FCX Performance; SBP Holdings; R.S. Hughes Co., Inc.; DGI Supply; Lawson Products, Inc.; AWC; Hisco, Inc.; W.W. Grainger, Inc.; Bisco Industries; Kaydon Bearings |
|
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
|
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
North America MRO Distribution Market Report Segmentation
Product Outlook (Revenue, USD Billion, 2018 - 2030)
-
-
Abrasives
-
Chemicals
-
Cutting Tools
-
Fasteners
-
Hand Tools
-
Pipes, Valves & Fitting
-
Power Tools
-
Power Transmission - Hydraulics
-
Power Transmission - Pneumatics
-
Power Transmission - Electronics
-
Rubber Products
-
Seal
-
Welding Equipment & Gases
-
Automation
-
Others
-
-
End-Use Outlook (Revenue, USD Billion, 2018 - 2030)
-
Food, Beverage & Tobacco
-
Textile
-
Wood & Paper
-
Mining, Oil & Gas
-
Metal Processing & Foundry
-
Rubber, Plastic & Non-Metallic
-
Chemicals
-
Pharmaceuticals
-
Electrical & Electronics
-
Transportation
-
Construction
-
Others
-
-
Regional Outlook (Revenue, USD Billion, 2018 - 2030)
-
North America
-
U.S.
-
Canada
-
Mexico
-
-
Related Reports
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy