Market Share of Maintenance, Repair, And Operations (MRO) Industry
The MRO market comprises several global and regional players, such as Wurth Group GmbH, Airgas Inc. (Air Liquide SA), Applied Industrial Technologies Inc., and MSC Industrial Direct Co. Inc. These players are competing fiercely in a highly competitive market. Vendors in the market are adopting key competitive strategies such as acquisitions, partnerships with industry participants, and new product rollouts.
In March 2023, Sonepar France announced the acquisition of a majority stake in Alliantz, a privately-owned distributor of photovoltaics and energy efficiency solutions. This acquisition will enable the company to rapidly leverage its distribution network and strengthen its technical capabilities to better serve electrical and specialized solar installers.
MRO Market Leaders
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Wurth Group GmbH
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Airgas Inc. (Air Liquide SA)
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Applied Industrial Technologies Inc.
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MSC Industrial Direct Co. Inc.
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Rubix Limited
*Disclaimer: Major Players sorted in no particular order
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