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Expanding MRO markets of the world

    mrobusinesstoday
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    By mrobusinesstoday
    https://www.mrobusinesstoday.com/expanding-mro-markets-of-the-world/

    The COVID-19 pandemic sure put a big dent in the expected surge of the MRO markets across the world. Pre-COVID19 MRO market was valued at USD 616.01 billion in 2020 as per the Mordor Intelligence Report. It is expected to be worth USD 701.30 billion by 2026.  It is no secret that North America and Europe rule the roost when it comes to the highest penetration of global distributors. Currently, North America is the largest MRO market in the world accounting for nearly 40 per cent of the global business while most the MRO market concentration in Asia is confined to China, Singapore, Malaysia and Dubai.

    Expanding MRO markets of the world

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