Mro Market Trends, Application, And Regional Forecast To 2030

The MRO Market for the manufacturing industry is projected to reach $49.65 billion by 2030, at a CAGR of 7.8% during the forecast period of 2023–2030.

The growth of this market is attributed to the growing need to reduce maintenance costs & unplanned downtimes and the proliferation of digital transformation in MRO processes. In addition, the increasing demand for remote maintenance & repair and the emergence of 5G technology is expected to create market growth opportunities.

Read More Stories: