{"id":6495,"date":"2022-06-01T07:42:40","date_gmt":"2022-06-01T07:42:40","guid":{"rendered":"https:\/\/zaratechs.com\/?p=6495"},"modified":"2022-06-01T07:42:40","modified_gmt":"2022-06-01T07:42:40","slug":"maintenance-repair-and-operations-mro-market-share-size-and-report-a2022-2027","status":"publish","type":"post","link":"https:\/\/zaratechs.com\/maintenance-repair-and-operations-mro-market-share-size-and-report-a2022-2027\/","title":{"rendered":"Maintenance Repair and Operations (MRO) Market Share, Size and Report a2022-2027"},"content":{"rendered":"\n
The latest report published by IMARC Group, titled, \u201cMaintenance Repair and Operations (MRO) Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,\u201d <\/strong>offers a comprehensive analysis of the industry, which comprises insights on the global maintenance repair and operations (MRO) market overview<\/a><\/strong>. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global maintenance repair and operations (MRO) market reached a value of US$ 626.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 747.7 Billion by 2027.<\/strong><\/p>\n\n\n\n Maintenance, repair and operations (MRO) refer to miscellaneous expenditures incurred by firms to ensure the smooth functioning of tools. They involve a set of activities undertaken by the organization to maintain the structure of the building, operation systems, and the equipment that carry out various functions. They include spare parts such as machinery like pumps, compressors, and valves, consumables like cleaning supplies, plant upkeep, and lubricants, which restore and maintain the functioning of the required equipment. MROs ensure employee safety, minimize downtime and repair frequencies, and improve workflow management. Consequently, they find extensive application across manufacturing, mining, automotive, aerospace, defense, and food and beverage industries.<\/p>\n\n\n\n