Maintenance Repair Operations Market For Automation Solutions Size 2025-2029
The maintenance repair operations (MRO) market for automation solutions size is forecast to increase by USD 60.91 billion, at a CAGR of 9.8% between 2024 and 2029. The market is experiencing significant growth, driven by the increasing trend towards outsourcing of maintenance operations.
Major Market Trends & Insights
- APAC dominated the market and accounted for a 56% share in 2023.
- The market is expected to grow significantly in Europe region as well over the forecast period.
- Based on the End-user, the process industries segment led the market and was valued at USD 53.78 billion of the global revenue in 2023.
- Based on the Type, the MRO items segment accounted for the largest market revenue share in 2023.
Market Size & Forecast
- Market Opportunities: USD 102.33 Billion
- Future Opportunities: USD 60.91 Billion
- CAGR (2024-2029): 9.8%
- APAC: Largest market in 2023
The MRO market for automation solutions continues to evolve, driven by the ever-increasing demand for data-driven maintenance strategies and the integration of advanced technologies. Entities in various sectors strive to ensure data security and minimize downtime by implementing solutions that seamlessly integrate maintenance execution, data analytics, lifecycle cost analysis, preventive maintenance, maintenance scheduling, maintenance strategies, work order management, API integrations, and SCADA systems. Smart sensors, industrial ethernet, and wireless sensors enable real-time monitoring, while machine learning and oil analysis facilitate predictive maintenance and root cause analysis. Human-machine interfaces (HMIs) and virtual reality (VR) enhance maintenance planning and training, while control systems and computer vision optimize maintenance processes.
What will be the Size of the Maintenance Repair Operations (MRO) Market For Automation Solutions during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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Cloud computing and edge computing facilitate data storage and access, while big data and IoT sensors provide valuable insights for maintenance optimization and condition-based maintenance. Reliability-centered maintenance, digital twins, deep learning, and AI algorithms further enhance maintenance capabilities. The ongoing unfolding of market activities reveals the integration of 5G connectivity, thermal imaging, augmented reality (AR), and corrective maintenance into the MRO landscape. Spare parts management, inventory management, and supply chain optimization are also essential components of comprehensive maintenance solutions. Maintenance planning, maintenance scheduling, and maintenance strategies are continually refined to maximize efficiency and minimize costs. Remote monitoring and API integrations ensure seamless communication between systems, enabling proactive maintenance and reducing downtime. The discrete industries segment is the second largest segment of the end-user and was valued at USD 40.40 billion in 2023.
Data security remains a critical concern, with entities implementing robust security measures to protect sensitive information and maintain compliance with industry regulations. The continuous dynamism of the MRO market for automation solutions underscores the importance of staying informed and adaptable to emerging trends and technologies.
Companies are recognizing the benefits of partnering with specialized MRO providers to optimize their maintenance processes and reduce operational costs. Another key trend is the adoption of advanced analytics for predictive maintenance, which enables organizations to proactively address equipment failures and minimize downtime. However, the US-China trade war poses a significant challenge for the market, as tariffs on imported components and raw materials can increase costs for MRO providers and their clients.
To capitalize on opportunities and navigate challenges effectively, companies must stay informed of industry trends and adapt to the evolving regulatory landscape. By investing in innovative automation solutions and strategic partnerships, MRO providers can differentiate themselves and deliver value to their clients in a competitive market.
How is this Maintenance Repair Operations (MRO) For Automation Solutions Industry segmented?
The maintenance repair operations (MRO) for automation solutions industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
- End-user
- Process industries
- Discrete industries
- Type
- MRO items
- Services
- Application
- Preventive maintenance
- Predictive maintenance
- Corrective maintenance
- Channel
- OEMs
- Third-party service providers
- Distributors
- Geography
- North America
- US
- Canada
- Europe
- France
- Germany
- UK
- APAC
- Australia
- China
- India
- Japan
- South Korea
- Rest of World (ROW)
- North America
By End-user Insights
The process industries segment is estimated to witness significant growth during the forecast period. The segment was valued at USD 53.78 billion in 2023. It continued to the largest segment at a CAGR of 8.27%.
In the realm of Maintenance Repair Operations (MRO) for automation solutions, various technologies are revolutionizing industrial processes, particularly in process industries such as energy and power, water and wastewater, and oil and gas. The power industry, in particular, is experiencing significant growth due to the escalating demand for electricity, urbanization, and the increasing use of electronic appliances. This surge in electricity consumption is driving investments in new power plants and upgrades to existing electricity grids. Moreover, the integration of advanced technologies like machine learning, root cause analysis, human-machine interface (HMI), cloud computing, vibration analysis, automated reporting, smart sensors, failure analysis, asset management, remote monitoring, industrial ethernet, wireless sensors, 5G connectivity, IoT sensors, corrective maintenance, industrial automation, spare parts management, computer vision, big data, virtual reality (VR), AI algorithms, maintenance optimization, condition-based maintenance, digital twins, deep learning, reliability-centered maintenance, real-time monitoring, integration platforms, maintenance planning, thermal imaging, edge computing, supply chain optimization, inventory management, augmented reality (AR), control systems, data security, and downtime reduction, is transforming maintenance strategies.
These technologies enable predictive and preventive maintenance, reducing downtime and optimizing lifecycle costs. For instance, machine learning algorithms analyze data from sensors to predict equipment failures before they occur, while computer vision systems identify defects in real-time. Additionally, remote monitoring and real-time data analytics facilitate proactive maintenance planning and execution. Furthermore, integration platforms and API integrations enable seamless data exchange between various systems, enhancing overall efficiency. SCADA systems and control systems ensure optimal performance and reliability, while data security measures safeguard sensitive information. In conclusion, the MRO market for automation solutions is witnessing a paradigm shift, with advanced technologies playing a pivotal role in optimizing maintenance strategies, reducing downtime, and enhancing operational efficiency in process industries.
The Process industries segment was valued at USD 42.71 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 56% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The market in APAC is experiencing substantial growth, driven by several factors. Industrialization is on the rise in countries like China, Japan, India, Vietnam, South Korea, Malaysia, and Australia, leading to an increased demand for industrial automation. Data suggests that the future opportunities for growth in the APAC region estimates to be around USD 60.91 billion. This demand is further fueled by investments in power, water and wastewater treatment, food and beverage industries, and the automotive sector. Government initiatives, improving standards of living, a strong industrial base, and the growing demand for automobiles manufactured in the region are key factors driving the automotive industry's expansion. The integration of advanced technologies such as machine learning, root cause analysis, human-machine interface (HMI), cloud computing, vibration analysis, automated reporting, smart sensors, failure analysis, asset management, remote monitoring, industrial ethernet, wireless sensors, 5G connectivity, IoT sensors, and condition-based maintenance is transforming the MRO market.
These technologies enable predictive maintenance, real-time monitoring, and optimization of maintenance strategies, leading to downtime reduction and cost savings. Furthermore, the adoption of computer vision, big data, virtual reality (VR), AI algorithms, digital twins, deep learning, reliability-centered maintenance, and maintenance planning enhances maintenance execution and work order management. The integration of SCADA systems, API integrations, and control systems ensures seamless data analytics, lifecycle cost analysis, preventive maintenance scheduling, and inventory management. Data security is a critical concern in the MRO market, and the implementation of edge computing, supply chain optimization, and thermal imaging technologies addresses this challenge. The market is also witnessing the adoption of augmented reality (AR) and maintenance optimization strategies, which enable maintenance teams to perform tasks more efficiently and effectively.
Overall, the MRO market for automation solutions in APAC is evolving, with a focus on improving operational efficiency, reducing downtime, and optimizing maintenance strategies.
Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
In the dynamic and evolving landscape of industry, the market plays a pivotal role in enhancing efficiency and productivity. This market encompasses innovative technologies and strategies that streamline MRO processes, reducing downtime and optimizing resource utilization. Key components include predictive maintenance systems, condition monitoring tools, and automated inventory management. Smart sensors and IoT technologies facilitate real-time data analysis, enabling proactive maintenance. Robust ERP systems and cloud-based solutions offer flexibility and scalability, while automated workflows and AI-driven diagnostics ensure accurate and timely interventions. The MRO automation solutions market fosters a culture of continuous improvement, empowering businesses to minimize costs, maximize asset life, and maintain optimal performance levels.
What are the key market drivers leading to the rise in the adoption of Maintenance Repair Operations (MRO) For Automation Solutions Industry?
- The significant expansion of outsourced operations is the primary market growth catalyst.
- In today's industrial landscape, there is a growing demand for advanced automation solutions to enhance maintenance, repair, and operations (MRO) processes. Third-party service providers are increasingly preferred by both process and discrete industries due to the high cost of maintaining an in-house workforce and the extensive product knowledge and training required. To cater to these needs, companies are bundling their service offerings with automation solutions. This approach provides end-users with a single point of contact for all maintenance, operational, and repair requirements. Digital twins, deep learning, reliability-centered maintenance, real-time monitoring, and integration platforms are some of the technologies driving the MRO market for automation solutions.
- These technologies enable predictive maintenance through the analysis of historical data, reducing downtime and maintenance costs. Thermal imaging, edge computing, supply chain optimization, inventory management, augmented reality, and control systems are other essential components of these solutions. The integration of these advanced technologies results in a harmonious and immersive maintenance experience. Real-time monitoring and predictive maintenance using digital twins and deep learning algorithms help identify potential issues before they escalate. Integration platforms ensure seamless communication between various systems, while augmented reality provides a more interactive and efficient maintenance experience. Inventory management and supply chain optimization improve efficiency and reduce downtime by ensuring the availability of necessary parts.
- The adoption of these advanced technologies is transforming the MRO market, making it more efficient, cost-effective, and reliable. By leveraging these solutions, industries can improve their overall operational performance and enhance their competitive edge.
What are the market trends shaping the Maintenance Repair Operations (MRO) For Automation Solutions Industry?
- The use of analytics for predictive maintenance is an emerging trend in the industry. This approach enables organizations to proactively identify and address potential equipment failures before they cause significant downtime or damage.
- The market is witnessing significant growth due to the implementation of advanced technologies such as data analytics and data security. Service providers are utilizing these tools to enhance maintenance execution, minimize downtime, and optimize lifecycle cost analysis. Preventive maintenance strategies are being prioritized, leading to the adoption of predictive maintenance scheduling and work order management systems. API integrations and SCADA systems are also gaining popularity, enabling seamless data exchange between different systems and real-time monitoring of industrial processes. The use of analytics and statistical models in maintenance tools is improving decision-making processes and error identification at the earliest stages.
- For instance, Siemens, in collaboration with SAP, is developing an open cloud platform for industrial end-users. This platform leverages SAP's HANA Cloud Platform for data analysis, enabling machines and systems to record and analyze large volumes of data. Simulation or intelligent pattern recognition is employed for early error identification, preventing system or product failure.
What challenges does the Maintenance Repair Operations (MRO) For Automation Solutions Industry face during its growth?
- The US-China trade war poses a significant challenge to the growth of various industries.
- The market is witnessing significant advancements, driven by the integration of innovative technologies such as oil analysis, machine learning, root cause analysis, human-machine interface (HMI), cloud computing, vibration analysis, automated reporting, smart sensors, failure analysis, and asset management. These technologies enable remote monitoring, industrial ethernet, and real-time data analysis, enhancing operational efficiency and reducing downtime. The adoption of these solutions is increasing due to the growing need for predictive maintenance and optimizing production processes. Machine learning algorithms facilitate predictive maintenance by analyzing historical data and identifying potential failures before they occur.
- Cloud computing allows for secure and accessible data storage and analysis, enabling real-time insights and automated reporting. Smart sensors and vibration analysis provide real-time data on machine performance, enabling early detection of potential issues. Overall, these advancements are transforming the MRO market, providing businesses with cost savings, increased productivity, and improved asset management.
Exclusive Customer Landscape
The maintenance repair operations (MRO) market for automation solutions forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the maintenance repair operations (MRO) market for automation solutions report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, maintenance repair operations (MRO) market for automation solutions forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
ABB Ltd - The company specializes in providing Maintenance, Repair, and Operations (MRO) services for advanced automation solutions. These include ABB Ability System, Freelance Distributed Control System, and ABB Ability Symphony Plus.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- ABB Ltd
- AMETEK Inc.
- Danaher Corp.
- Emerson Electric Co.
- Endress Hauser Group Services AG
- FANUC Corp.
- Festo SE and Co. KG
- General Electric Co.
- Hitachi Ltd.
- Honeywell International Inc.
- IMI Plc
- Mitsubishi Electric Corp.
- MKS Instruments Inc.
- OMRON Corp.
- Rockwell Automation Inc.
- Schneider Electric SE
- SICK AG
- Siemens AG
- WW Grainger Inc.
- Yokogawa Electric Corp.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Maintenance Repair Operations (MRO) Market For Automation Solutions
- In January 2024, Siemens announced the launch of MindSphere for MRO, an advanced automation solution designed specifically for maintenance, repair, and operations industries (Siemens Press Release, 2024). This cloud-based platform integrates industrial IoT, machine learning, and data analytics to optimize maintenance processes and improve asset performance.
- In March 2024, Schneider Electric and ABB signed a strategic partnership to combine their MRO offerings, aiming to create a comprehensive, end-to-end solution for industrial customers (Schneider Electric Press Release, 2024). This collaboration combines Schneider Electric's EcoStruxure and ABB's Ability platforms, providing customers with a more comprehensive suite of automation tools.
- In May 2024, Honeywell International acquired Intelligrated, a leading provider of automated material handling solutions for MRO applications (Honeywell Press Release, 2024). This acquisition expanded Honeywell's presence in the MRO market and added Intelligrated's advanced robotics and automation technologies to their portfolio.
- In February 2025, GE Digital announced a major expansion of its Predix Platform, integrating advanced machine learning and AI capabilities to optimize maintenance processes for MRO customers (GE Digital Press Release, 2025). This update allows for predictive maintenance and real-time asset monitoring, improving overall efficiency and reducing downtime.
Research Analyst Overview
- The MRO market for automation solutions is experiencing significant growth, driven by the integration of advanced technologies such as blockchain technology and data visualization. These innovations enable enhanced data security and real-time insights, respectively. Computer-aided design (CAD) and computer-aided manufacturing (CAM) systems are streamlining process optimization, improving safety, and reducing energy consumption in manufacturing settings. Disaster recovery and business continuity plans are being fortified through automation, ensuring uninterrupted operations. Circular economy principles are gaining traction, with automated cleaning and lubrication systems contributing to resource conservation and cost reduction. Smart factories are increasingly adopting digital thread and reporting tools for improved operational efficiency and regulatory compliance.
- Personnel management and remote expert assistance are also being automated to address the skills gap analysis. Energy efficiency and carbon footprint reduction are key priorities, with automation solutions offering significant improvements. Data integration is essential for overall digital transformation, facilitating cost reduction and real-time performance monitoring. Automated systems for lubrication, cleaning, and disaster recovery are crucial components of a comprehensive MRO strategy. Regulatory compliance is a critical concern, with automation providing solutions for maintaining accurate records and ensuring adherence to industry standards. Training programs are being developed to equip the workforce with the necessary skills to effectively utilize these advanced technologies.
- The MRO market for automation solutions continues to evolve, offering numerous benefits for businesses seeking to enhance their operational efficiency and competitiveness.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Maintenance Repair Operations (MRO) Market For Automation Solutions insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
236 |
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Base year |
2024 |
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Historic period |
2019-2023 |
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Forecast period |
2025-2029 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 9.8% |
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Market growth 2025-2029 |
USD 60.91 billion |
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Market structure |
Fragmented |
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YoY growth 2024-2025(%) |
9.0 |
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Key countries |
US, China, Japan, India, South Korea, UK, Australia, Germany, Canada, and France |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
What are the Key Data Covered in this Maintenance Repair Operations (MRO) Market For Automation Solutions Research and Growth Report?
- CAGR of the Maintenance Repair Operations (MRO) For Automation Solutions industry during the forecast period
- Detailed information on factors that will drive the growth and forecasting between 2025 and 2029
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across APAC, Europe, North America, South America, and Middle East and Africa
- Thorough analysis of the market's competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the maintenance repair operations (MRO) market for automation solutions growth of industry companies
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