MRO market seen topping $864B by 2030

The global maintenance, repair and operations market is projected to grow from $711.44 billion in 2025 to $736.17 billion in 2026, with Europe holding the largest share last year. The Business Research Company says rising infrastructure spending, predictive maintenance and industrial automation are shaping demand through 2030.

Why it matters: - Maintenance repair and operations services help industries keep equipment, tools and facilities running with less downtime. - The market’s growth reflects higher spending on infrastructure, manufacturing and operational efficiency across sectors. - Demand is also shifting toward predictive and preventive maintenance, which can lower costs and reduce disruptions.

What happened: - The Business Research Company released a 2026 report on the global maintenance repair and operations market. - The report estimates the market will rise from $711.44 billion in 2025 to $736.17 billion in 2026. - The report projects the market will reach $864.62 billion by 2030. - Europe held the largest share of the global MRO market in 2025. - Asia-Pacific is projected to post the fastest growth over the forecast period.

The details: - The 2025-2026 growth rate is projected at 3.5%. - The 2026-2030 growth rate is projected at 4.1%. - Growth drivers include expansion of industrial infrastructure, broader manufacturing activity and stronger awareness of downtime costs. - Structured MRO supply chains are also supporting the market. - Forecast growth is being fueled by predictive maintenance, industrial automation and demand for cost-effective maintenance solutions. - The report highlights rising focus on plant reliability, structured maintenance programs, outsourced MRO services and preventive and predictive maintenance. - The market analysis covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - A free sample is available here. - The full report is available here.

Between the lines: - The report points to a market that is becoming more data-driven and service-oriented, with predictive maintenance gaining ground over reactive repair. - Infrastructure spending appears to be a steady demand engine, especially as aging assets require ongoing upkeep rather than replacement. - Europe’s current lead and Asia-Pacific’s growth outlook suggest a market split between scale and expansion.

What's next: - The Business Research Company expects continued adoption of predictive maintenance and industrial automation through 2030. - More outsourced MRO services and structured maintenance programs are likely to gain share as companies prioritize uptime and cost control. - The report’s 2026 edition adds TAM analysis, company scoring matrices, Excel dashboards and updated graphics and tables.