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Industrial Equipment MRO

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Industry Growth & Trends

Global Industrial Equipment MRO Industry Growth and Trends Forecast to 2032

6 January 2026123 pages

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Industry ResearchIndustrial Equipment MRO Industry Research Report 2026139 pages · $2,950 USDIndustry Growth & TrendsGlobal Industrial Equipment MRO Industry Growth and Trends Forecast to 2032123 pages · $3,450 USDMarket StructureGlobal Industrial Equipment MRO Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032199 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal Industrial Equipment MRO Market Outlook and Growth Opportunities 2026218 pages · $4,250 USDMarket Analysis & ForecastGlobal Industrial Equipment MRO Market Analysis and Forecast 2026-2032217 pages · $4,950 USD

Market perspective

According to APO Research, the global Industrial Equipment MRO market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.

The North America market for Industrial Equipment MRO is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.

The Europe market for Industrial Equipment MRO is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.

Read the full market overview

The Asia Pacific market for Industrial Equipment MRO is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Leading global companies in the Industrial Equipment MRO market include Siemens, General Electric, Sulzer, MAN Energy Solutions, MHPS, Ansaldo Energia, KSB, ABB and Dongfang Turbine, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.

Report Scope

This report provides a structured, data-driven view of the global Industrial Equipment MRO market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Industrial Equipment MRO market size, estimates, and forecasts are presented in terms of revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Industrial Equipment MRO market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Industrial Equipment MRO.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading companies in the global Industrial Equipment MRO market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue and gross margin data by manufacturer for 2021-2026, enabling benchmarking of scale, profitability, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

Industrial Equipment MRO Market by Company

Siemens

General Electric

Sulzer

MAN Energy Solutions

MHPS

Ansaldo Energia

KSB

ABB

Dongfang Turbine

Grundfos

Shanghai Electric

Elliot

Atlas Copco

Arcline

Wolong

EthosEnergy

Kawasaki Heavy Industries

Toshiba Energy

Stork

Hangzhou Steam Turbine

Flowserve

Kobelco

Howden

Conhagen Rotating Equipment Specialists

Houghton International

Industrial Equipment MRO Segment by Type

Pump MRO

Compressor MRO

Turbine MRO

Motor MRO

Others

Industrial Equipment MRO Segment by Application

Factory Overhaul

Routine Maintenance

Industrial Equipment MRO Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Industrial Equipment MRO market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Industrial Equipment MRO and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Industrial Equipment MRO.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2021-2025, 2026-2031). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 5: Detailed analysis of Industrial Equipment MRO companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.

Chapter 12: Concluding Insights of the report

More report detail

Tables and figures
List of Tables Table 1. Global Industrial Equipment MRO Market Size (US$ Million) Comparison by Region: 2021 VS 2025 VS 2032 Table 2. Global Industrial Equipment MRO Market Size by Region (2021-2026) & (US$ Million) Table 3. Global Industrial Equipment MRO Market Share by Region (2021-2026) Table 4. Global Industrial Equipment MRO Market Size by Region (2027-2032) & (US$ Million) Table 5. Global Industrial Equipment MRO Market Share by Region (2027-2032) Table 6. Global Industrial Equipment MRO Market Size by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 7. Global Industrial Equipment MRO Market Size by Type (2021-2026) & (US$ Million) Table 8. Global Industrial Equipment MRO Market Size Share by Type (2021-2026) Table 9. Global Industrial Equipment MRO Market Size Forecasted by Type (2027-2032) & (US$ Million) Table 10. Global Industrial Equipment MRO Market Size Share Forecasted by Type (2027-2032) Table 11. North America Industrial Equipment MRO Market Size Breakdown by Type (2021-2026) & (US$ Million) Table 12. North America Industrial Equipment MRO Market Size Breakdown by Type (2027-2032) & (US$ Million) Table 13. Europe Industrial Equipment MRO Market Size Breakdown by Type (2021-2026) & (US$ Million) Table 14. Europe Industrial Equipment MRO Market Size Breakdown by Type (2027-2032) & (US$ Million) Table 15. Asia-Pacific Industrial Equipment MRO Market Size Breakdown by Type (2021-2026) & (US$ Million) Table 16. Asia-Pacific Industrial Equipment MRO Market Size Breakdown by Type (2027-2032) & (US$ Million) Table 17. Latin America Industrial Equipment MRO Market Size Breakdown by Type (2021-2026) & (US$ Million) Table 18. Latin America Industrial Equipment MRO Market Size Breakdown by Type (2027-2032) & (US$ Million) Table 19. Middle East and Africa Industrial Equipment MRO Market Size Breakdown by Type (2021-2026) & (US$ Million) Table 20. Middle East and Africa Industrial Equipment MRO Market Size Breakdown by Type (2027-2032) & (US$ Million) Table 21. Global Industrial Equipment MRO Market Size by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 22. Global Industrial Equipment MRO Market Size by Application (2021-2026) & (US$ Million) Table 23. Global Industrial Equipment MRO Market Size Share by Application (2021-2026) Table 24. Global Industrial Equipment MRO Market Size Forecasted by Application (2027-2032) & (US$ Million) Table 25. Global Industrial Equipment MRO Market Size Share Forecasted by Application (2027-2032) Table 26. North America Industrial Equipment MRO Market Size Breakdown by Application (2021-2026) & (US$ Million) Table 27. North America Industrial Equipment MRO Market Size Breakdown by Application (2027-2032) & (US$ Million) Table 28. Europe Industrial Equipment MRO Market Size Breakdown by Application (2021-2026) & (US$ Million) Table 29. Europe Industrial Equipment MRO Market Size Breakdown by Application (2027-2032) & (US$ Million) Table 30. Asia-Pacific Industrial Equipment MRO Market Size Breakdown by Application (2021-2026) & (US$ Million) Table 31. Asia-Pacific Industrial Equipment MRO Market Size Breakdown by Application (2027-2032) & (US$ Million) Table 32. Latin America Industrial Equipment MRO Market Size Breakdown by Application (2021-2026) & (US$ Million) Table 33. Latin America Industrial Equipment MRO Market Size Breakdown by Application (2027-2032) & (US$ Million) Table 34. Middle East and Africa Industrial Equipment MRO Market Size Breakdown by Application (2021-2026) & (US$ Million) Table 35. Middle East and Africa Industrial Equipment MRO Market Size Breakdown by Application (2027-2032) & (US$ Million) Table 36. Industrial Equipment MRO Industry Trends Table 37. Industrial Equipment MRO Industry Drivers Table 38. Industrial Equipment MRO Industry Opportunities and Challenges Table 39. Industrial Equipment MRO Industry Restraints Table 40. Global Industrial Equipment MRO Revenue by Company (US$ Million) & (2021-2026) Table 41. Global Industrial Equipment MRO Revenue Market Share by Company (2021-2026) Table 42. Global Industrial Equipment MRO Industry Company Ranking, 2024 VS 2025 VS 2026 Table 43. Global Industrial Equipment MRO Key Company Headquarters & Area Served Table 44. Global Industrial Equipment MRO Company, Product Type & Application Table 45. Global Industrial Equipment MRO Company Commercialization Time Table 46. Global Company Market Concentration Ratio (CR5 and HHI) Table 47. Global Industrial Equipment MRO by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 48. Siemens Company Information Table 49. Siemens Business Overview Table 50. Siemens Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 51. Siemens Industrial Equipment MRO Product Portfolio Table 52. Siemens Recent Development Table 53. General Electric Company Information Table 54. General Electric Business Overview Table 55. General Electric Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 56. General Electric Industrial Equipment MRO Product Portfolio Table 57. General Electric Recent Development Table 58. Sulzer Company Information Table 59. Sulzer Business Overview Table 60. Sulzer Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 61. Sulzer Industrial Equipment MRO Product Portfolio Table 62. Sulzer Recent Development Table 63. MAN Energy Solutions Company Information Table 64. MAN Energy Solutions Business Overview Table 65. MAN Energy Solutions Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 66. MAN Energy Solutions Industrial Equipment MRO Product Portfolio Table 67. MAN Energy Solutions Recent Development Table 68. MHPS Company Information Table 69. MHPS Business Overview Table 70. MHPS Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 71. MHPS Industrial Equipment MRO Product Portfolio Table 72. MHPS Recent Development Table 73. Ansaldo Energia Company Information Table 74. Ansaldo Energia Business Overview Table 75. Ansaldo Energia Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 76. Ansaldo Energia Industrial Equipment MRO Product Portfolio Table 77. Ansaldo Energia Recent Development Table 78. KSB Company Information Table 79. KSB Business Overview Table 80. KSB Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 81. KSB Industrial Equipment MRO Product Portfolio Table 82. KSB Recent Development Table 83. ABB Company Information Table 84. ABB Business Overview Table 85. ABB Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 86. ABB Industrial Equipment MRO Product Portfolio Table 87. ABB Recent Development Table 88. Dongfang Turbine Company Information Table 89. Dongfang Turbine Business Overview Table 90. Dongfang Turbine Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 91. Dongfang Turbine Industrial Equipment MRO Product Portfolio Table 92. Dongfang Turbine Recent Development Table 93. Grundfos Company Information Table 94. Grundfos Business Overview Table 95. Grundfos Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 96. Grundfos Industrial Equipment MRO Product Portfolio Table 97. Grundfos Recent Development Table 98. Shanghai Electric Company Information Table 99. Shanghai Electric Business Overview Table 100. Shanghai Electric Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 101. Shanghai Electric Industrial Equipment MRO Product Portfolio Table 102. Shanghai Electric Recent Development Table 103. Elliot Company Information Table 104. Elliot Business Overview Table 105. Elliot Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 106. Elliot Industrial Equipment MRO Product Portfolio Table 107. Elliot Recent Development Table 108. Atlas Copco Company Information Table 109. Atlas Copco Business Overview Table 110. Atlas Copco Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 111. Atlas Copco Industrial Equipment MRO Product Portfolio Table 112. Atlas Copco Recent Development Table 113. Arcline Company Information Table 114. Arcline Business Overview Table 115. Arcline Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 116. Arcline Industrial Equipment MRO Product Portfolio Table 117. Arcline Recent Development Table 118. Wolong Company Information Table 119. Wolong Business Overview Table 120. Wolong Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 121. Wolong Industrial Equipment MRO Product Portfolio Table 122. Wolong Recent Development Table 123. EthosEnergy Company Information Table 124. EthosEnergy Business Overview Table 125. EthosEnergy Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 126. EthosEnergy Industrial Equipment MRO Product Portfolio Table 127. EthosEnergy Recent Development Table 128. Kawasaki Heavy Industries Company Information Table 129. Kawasaki Heavy Industries Business Overview Table 130. Kawasaki Heavy Industries Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 131. Kawasaki Heavy Industries Industrial Equipment MRO Product Portfolio Table 132. Kawasaki Heavy Industries Recent Development Table 133. Toshiba Energy Company Information Table 134. Toshiba Energy Business Overview Table 135. Toshiba Energy Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 136. Toshiba Energy Industrial Equipment MRO Product Portfolio Table 137. Toshiba Energy Recent Development Table 138. Stork Company Information Table 139. Stork Business Overview Table 140. Stork Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 141. Stork Industrial Equipment MRO Product Portfolio Table 142. Stork Recent Development Table 143. Hangzhou Steam Turbine Company Information Table 144. Hangzhou Steam Turbine Business Overview Table 145. Hangzhou Steam Turbine Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 146. Hangzhou Steam Turbine Industrial Equipment MRO Product Portfolio Table 147. Hangzhou Steam Turbine Recent Development Table 148. Flowserve Company Information Table 149. Flowserve Business Overview Table 150. Flowserve Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 151. Flowserve Industrial Equipment MRO Product Portfolio Table 152. Flowserve Recent Development Table 153. Kobelco Company Information Table 154. Kobelco Business Overview Table 155. Kobelco Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 156. Kobelco Industrial Equipment MRO Product Portfolio Table 157. Kobelco Recent Development Table 158. Howden Company Information Table 159. Howden Business Overview Table 160. Howden Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 161. Howden Industrial Equipment MRO Product Portfolio Table 162. Howden Recent Development Table 163. Conhagen Rotating Equipment Specialists Company Information Table 164. Conhagen Rotating Equipment Specialists Business Overview Table 165. Conhagen Rotating Equipment Specialists Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 166. Conhagen Rotating Equipment Specialists Industrial Equipment MRO Product Portfolio Table 167. Conhagen Rotating Equipment Specialists Recent Development Table 168. Houghton International Company Information Table 169. Houghton International Business Overview Table 170. Houghton International Industrial Equipment MRO Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 171. Houghton International Industrial Equipment MRO Product Portfolio Table 172. Houghton International Recent Development Table 173. North America Industrial Equipment MRO Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 174. North America Industrial Equipment MRO Market Size by Country (2021-2026) & (US$ Million) Table 175. North America Industrial Equipment MRO Market Share by Country (2021-2026) Table 176. North America Industrial Equipment MRO Market Size Forecast by Country (2027-2032) & (US$ Million) Table 177. North America Industrial Equipment MRO Market Share Forecast by Country (2027-2032) Table 178. Europe Industrial Equipment MRO Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 179. Europe Industrial Equipment MRO Market Size by Country (2021-2026) & (US$ Million) Table 180. Europe Industrial Equipment MRO Market Share by Country (2021-2026) Table 181. Europe Industrial Equipment MRO Market Size Forecast by Country (2027-2032) & (US$ Million) Table 182. Europe Industrial Equipment MRO Market Share Forecast by Country (2027-2032) Table 183. Asia-Pacific Industrial Equipment MRO Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 184. Asia-Pacific Industrial Equipment MRO Market Size by Country (2021-2026) & (US$ Million) Table 185. Asia-Pacific Industrial Equipment MRO Market Share by Country (2021-2026) Table 186. Asia-Pacific Industrial Equipment MRO Market Size Forecast by Country (2027-2032) & (US$ Million) Table 187. Asia-Pacific Industrial Equipment MRO Market Share Forecast by Country (2027-2032) Table 188. Latin America Industrial Equipment MRO Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 189. Latin America Industrial Equipment MRO Market Size by Country (2021-2026) & (US$ Million) Table 190. Latin America Industrial Equipment MRO Market Share by Country (2021-2026) Table 191. Latin America Industrial Equipment MRO Market Size Forecast by Country (2027-2032) & (US$ Million) Table 192. Latin America Industrial Equipment MRO Market Share Forecast by Country (2027-2032) Table 193. Middle East & Africa Industrial Equipment MRO Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 194. Middle East & Africa Industrial Equipment MRO Market Size by Country (2021-2026) & (US$ Million) Table 195. Middle East & Africa Industrial Equipment MRO Market Share by Country (2021-2026) Table 196. Middle East & Africa Industrial Equipment MRO Market Size Forecast by Country (2027-2032) & (US$ Million) Table 197. Middle East & Africa Industrial Equipment MRO Market Share Forecast by Country (2027-2032) Table 198. Research Programs/Design for This Report Table 199. Authors List of This Report Table 200. Secondary Sources List of Figures Figure 1.List of Figures Figure 2. Industrial Equipment MRO Product Image Figure 3. Global Industrial Equipment MRO Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 4. Global Industrial Equipment MRO Market Size (2021-2032) & (US$ Million) Figure 5. Global Industrial Equipment MRO Market Share by Region: 2025 VS 2032 Figure 6. Global Industrial Equipment MRO Market Share by Region (2021-2032) Figure 7. North America Industrial Equipment MRO Market Size Growth Rate (2021-2032) & (US$ Million) Figure 8. Europe Industrial Equipment MRO Market Size Growth Rate (2021-2032) & (US$ Million) Figure 9. Asia-Pacific Industrial Equipment MRO Market Size Growth Rate (2021-2032) & (US$ Million) Figure 10. Latin America Industrial Equipment MRO Market Size Growth Rate (2021-2032) & (US$ Million) Figure 11. Middle East & Africa Industrial Equipment MRO Market Size Growth Rate (2021-2032) & (US$ Million) Figure 12. Pump MRO Image Figure 13. Global Pump MRO Market Size YoY Growth (2021-2032) & (US$ Million) Figure 14. Compressor MRO Image Figure 15. Global Compressor MRO Market Size YoY Growth (2021-2032) & (US$ Million) Figure 16. Turbine MRO Image Figure 17. Global Turbine MRO Market Size YoY Growth (2021-2032) & (US$ Million) Figure 18. Motor MRO Image Figure 19. Global Motor MRO Market Size YoY Growth (2021-2032) & (US$ Million) Figure 20. Others Image Figure 21. Global Others Market Size YoY Growth (2021-2032) & (US$ Million) Figure 22. Global Industrial Equipment MRO Market Size Overview by Type (2021-2032) & (US$ Million) Figure 23. Global Industrial Equipment MRO Market Share by Type 2025 VS 2032 Figure 24. North America Industrial Equipment MRO Market Size Share by Type (2021-2032) Figure 25. Europe Industrial Equipment MRO Market Size Share by Type (2021-2032) Figure 26. Asia-Pacific Industrial Equipment MRO Market Size Share by Type (2021-2032) Figure 27. Latin America Industrial Equipment MRO Market Size Share by Type (2021-2032) Figure 28. Middle East and Africa Industrial Equipment MRO Market Size Share by Type (2021-2032) Figure 29. Factory Overhaul Image Figure 30. Global Factory Overhaul Market Size YoY Growth (2021-2032) & (US$ Million) Figure 31. Routine Maintenance Image Figure 32. Global Routine Maintenance Market Size YoY Growth (2021-2032) & (US$ Million) Figure 33. Global Industrial Equipment MRO Market Size Overview by Application (2021-2032) & (US$ Million) Figure 34. Global Industrial Equipment MRO Market Share by Application 2025 VS 2032 Figure 35. North America Industrial Equipment MRO Market Size Share by Application (2021-2032) Figure 36. Europe Industrial Equipment MRO Market Size Share by Application (2021-2032) Figure 37. Asia-Pacific Industrial Equipment MRO Market Size Share by Application (2021-2032) Figure 38. Latin America Industrial Equipment MRO Market Size Share by Application (2021-2032) Figure 39. Middle East and Africa Industrial Equipment MRO Market Size Share by Application (2021-2032) Figure 40. Global Top 5 and 10 Industrial Equipment MRO Players Market Share by Revenue in 2025 Figure 41. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 42. North America Industrial Equipment MRO Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 43. North America Industrial Equipment MRO Market Share by Country: 2021 VS 2025 VS 2032 Figure 44. North America Industrial Equipment MRO Market Share by Country (2021-2032) Figure 45. Europe Industrial Equipment MRO Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 46. Europe Industrial Equipment MRO Market Share by Country: 2021 VS 2025 VS 2032 Figure 47. Europe Industrial Equipment MRO Market Share by Country (2021-2032) Figure 48. Asia-Pacific Industrial Equipment MRO Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 49. Asia-Pacific Industrial Equipment MRO Market Share by Country: 2021 VS 2025 VS 2032 Figure 50. Asia-Pacific Industrial Equipment MRO Market Share by Country (2021-2032) Figure 51. Latin America Industrial Equipment MRO Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 52. Latin America Industrial Equipment MRO Market Share by Country: 2021 VS 2025 VS 2032 Figure 53. Latin America Industrial Equipment MRO Market Share by Country (2021-2032) Figure 54. Middle East & Africa Industrial Equipment MRO Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 55. Middle East & Africa Industrial Equipment MRO Market Share by Country: 2021 VS 2025 VS 2032 Figure 56. Middle East & Africa Industrial Equipment MRO Market Share by Country (2021-2032) Figure 57. Years Considered Figure 58. Research Process Figure 59. Key Executives Interviewed

Scope & coverage.

Types
  • Pump MRO
  • Compressor MRO
  • Turbine MRO
  • Motor MRO
  • Others
Applications
  • Factory Overhaul
  • Routine Maintenance
Companies covered
  • Siemens
  • General Electric
  • Sulzer
  • MAN Energy Solutions
  • MHPS
  • Ansaldo Energia
  • KSB
  • ABB
  • Dongfang Turbine
  • Grundfos
  • Shanghai Electric
  • Elliot
  • Atlas Copco
  • Arcline
  • Wolong
  • EthosEnergy
  • Kawasaki Heavy Industries
  • Toshiba Energy
  • Stork
  • Hangzhou Steam Turbine
  • Flowserve
  • Kobelco
  • Howden
  • Conhagen Rotating Equipment Specialists
  • Houghton International

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.3 Global Industrial Equipment MRO Market Size Overview by Region 2021 VS 2025 VS 2032
  4. 1.4 Global Industrial Equipment MRO Market Size by Region (2021-2032)
  5. 1.4.1 Global Industrial Equipment MRO Market Size by Region (2021-2026)
  6. 1.4.2 Global Industrial Equipment MRO Market Size by Region (2027-2032)
  7. 1.5 Key Regions Industrial Equipment MRO Market Size (2021-2032)
  8. 1.5.1 North America Industrial Equipment MRO Market Size Growth Rate (2021-2032)
  9. 1.5.2 Europe Industrial Equipment MRO Market Size Growth Rate (2021-2032)
  10. 1.5.3 Asia-Pacific Industrial Equipment MRO Market Size Growth Rate (2021-2032)
  11. 1.5.4 South America Industrial Equipment MRO Market Size Growth Rate (2021-2032)
  12. 1.5.5 Middle East & Africa Industrial Equipment MRO Market Size Growth Rate (2021-2032)
2 Industrial Equipment MRO Market by Type
  1. 2.1 Type Introduction
  2. 2.1.1 Pump MRO
  3. 2.1.2 Compressor MRO
  4. 2.1.3 Turbine MRO
  5. 2.1.4 Motor MRO
  6. 2.1.5 Others
  7. 2.2 Global Industrial Equipment MRO Market Size by Type
  8. 2.2.1 Global Industrial Equipment MRO Market Size Overview by Type (2021-2032)
  9. 2.2.2 Global Industrial Equipment MRO Historic Market Size Review by Type (2021-2026)
  10. 2.2.3 Global Industrial Equipment MRO Market Size Forecasted by Type (2027-2032)
  11. 2.3 Global Industrial Equipment MRO Market Size by Regions
  12. 2.3.1 North America Industrial Equipment MRO Market Size Breakdown by Type (2021-2026)
  13. 2.3.2 Europe Industrial Equipment MRO Market Size Breakdown by Type (2021-2026)
  14. 2.3.3 Asia-Pacific Industrial Equipment MRO Market Size Breakdown by Type (2021-2026)
  15. 2.3.4 South America Industrial Equipment MRO Market Size Breakdown by Type (2021-2026)
  16. 2.3.5 Middle East and Africa Industrial Equipment MRO Market Size Breakdown by Type (2021-2026)
3 Industrial Equipment MRO Market by Application
  1. 3.1 Type Introduction
  2. 3.1.1 Factory Overhaul
  3. 3.1.2 Routine Maintenance
  4. 3.2 Global Industrial Equipment MRO Market Size by Application
  5. 3.2.1 Global Industrial Equipment MRO Market Size Overview by Application (2021-2032)
  6. 3.2.2 Global Industrial Equipment MRO Historic Market Size Review by Application (2021-2026)
  7. 3.2.3 Global Industrial Equipment MRO Market Size Forecasted by Application (2027-2032)
  8. 3.3 Global Industrial Equipment MRO Market Size by Regions
  9. 3.3.1 North America Industrial Equipment MRO Market Size Breakdown by Application (2021-2026)
  10. 3.3.2 Europe Industrial Equipment MRO Market Size Breakdown by Application (2021-2026)
  11. 3.3.3 Asia-Pacific Industrial Equipment MRO Market Size Breakdown by Application (2021-2026)
  12. 3.3.4 South America Industrial Equipment MRO Market Size Breakdown by Application (2021-2026)
  13. 3.3.5 Middle East and Africa Industrial Equipment MRO Market Size Breakdown by Application (2021-2026)
4 Global Market Dynamics
  1. 4.1 Industrial Equipment MRO Industry Trends
  2. 4.2 Industrial Equipment MRO Industry Drivers
  3. 4.3 Industrial Equipment MRO Industry Opportunities and Challenges
  4. 4.4 Industrial Equipment MRO Industry Restraints
5 Competitive Insights by Company
  1. 5.1 Global Top Players by Industrial Equipment MRO Revenue (2021-2026)
  2. 5.2 Global Industrial Equipment MRO Industry Company Ranking, 2024 VS 2025 VS 2026
  3. 5.3 Global Industrial Equipment MRO Key Company Headquarters & Area Served
  4. 5.4 Global Industrial Equipment MRO Company, Product Type & Application
  5. 5.5 Global Industrial Equipment MRO Company Commercialization Time
  6. 5.6 Market Competitive Analysis
  7. 5.6.1 Global Industrial Equipment MRO Market CR5 and HHI
  8. 5.6.2 Global Top 5 and 10 Industrial Equipment MRO Players Market Share by Revenue in 2025
  9. 5.6.3 2025 Industrial Equipment MRO Tier 1, Tier 2, and Tier 3
6 Company Profiles
  1. 6.1 Siemens
  2. 6.1.1 Siemens Company Information
  3. 6.1.2 Siemens Business Overview
  4. 6.1.3 Siemens Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  5. 6.1.4 Siemens Industrial Equipment MRO Product Portfolio
  6. 6.1.5 Siemens Recent Developments
  7. 6.2 General Electric
  8. 6.2.1 General Electric Company Information
  9. 6.2.2 General Electric Business Overview
  10. 6.2.3 General Electric Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  11. 6.2.4 General Electric Industrial Equipment MRO Product Portfolio
  12. 6.2.5 General Electric Recent Developments
  13. 6.3 Sulzer
  14. 6.3.1 Sulzer Company Information
  15. 6.3.2 Sulzer Business Overview
  16. 6.3.3 Sulzer Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  17. 6.3.4 Sulzer Industrial Equipment MRO Product Portfolio
  18. 6.3.5 Sulzer Recent Developments
  19. 6.4 MAN Energy Solutions
  20. 6.4.1 MAN Energy Solutions Company Information
  21. 6.4.2 MAN Energy Solutions Business Overview
  22. 6.4.3 MAN Energy Solutions Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  23. 6.4.4 MAN Energy Solutions Industrial Equipment MRO Product Portfolio
  24. 6.4.5 MAN Energy Solutions Recent Developments
  25. 6.5 MHPS
  26. 6.5.1 MHPS Company Information
  27. 6.5.2 MHPS Business Overview
  28. 6.5.3 MHPS Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  29. 6.5.4 MHPS Industrial Equipment MRO Product Portfolio
  30. 6.5.5 MHPS Recent Developments
  31. 6.6 Ansaldo Energia
  32. 6.6.1 Ansaldo Energia Company Information
  33. 6.6.2 Ansaldo Energia Business Overview
  34. 6.6.3 Ansaldo Energia Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  35. 6.6.4 Ansaldo Energia Industrial Equipment MRO Product Portfolio
  36. 6.6.5 Ansaldo Energia Recent Developments
  37. 6.7 KSB
  38. 6.7.1 KSB Company Information
  39. 6.7.2 KSB Business Overview
  40. 6.7.3 KSB Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  41. 6.7.4 KSB Industrial Equipment MRO Product Portfolio
  42. 6.7.5 KSB Recent Developments
  43. 6.8 ABB
  44. 6.8.1 ABB Company Information
  45. 6.8.2 ABB Business Overview
  46. 6.8.3 ABB Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  47. 6.8.4 ABB Industrial Equipment MRO Product Portfolio
  48. 6.8.5 ABB Recent Developments
  49. 6.9 Dongfang Turbine
  50. 6.9.1 Dongfang Turbine Company Information
  51. 6.9.2 Dongfang Turbine Business Overview
  52. 6.9.3 Dongfang Turbine Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  53. 6.9.4 Dongfang Turbine Industrial Equipment MRO Product Portfolio
  54. 6.9.5 Dongfang Turbine Recent Developments
  55. 6.10 Grundfos
  56. 6.10.1 Grundfos Company Information
  57. 6.10.2 Grundfos Business Overview
  58. 6.10.3 Grundfos Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  59. 6.10.4 Grundfos Industrial Equipment MRO Product Portfolio
  60. 6.10.5 Grundfos Recent Developments
  61. 6.11 Shanghai Electric
  62. 6.11.1 Shanghai Electric Company Information
  63. 6.11.2 Shanghai Electric Business Overview
  64. 6.11.3 Shanghai Electric Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  65. 6.11.4 Shanghai Electric Industrial Equipment MRO Product Portfolio
  66. 6.11.5 Shanghai Electric Recent Developments
  67. 6.12 Elliot
  68. 6.12.1 Elliot Company Information
  69. 6.12.2 Elliot Business Overview
  70. 6.12.3 Elliot Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  71. 6.12.4 Elliot Industrial Equipment MRO Product Portfolio
  72. 6.12.5 Elliot Recent Developments
  73. 6.13 Atlas Copco
  74. 6.13.1 Atlas Copco Company Information
  75. 6.13.2 Atlas Copco Business Overview
  76. 6.13.3 Atlas Copco Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  77. 6.13.4 Atlas Copco Industrial Equipment MRO Product Portfolio
  78. 6.13.5 Atlas Copco Recent Developments
  79. 6.14 Arcline
  80. 6.14.1 Arcline Company Information
  81. 6.14.2 Arcline Business Overview
  82. 6.14.3 Arcline Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  83. 6.14.4 Arcline Industrial Equipment MRO Product Portfolio
  84. 6.14.5 Arcline Recent Developments
  85. 6.15 Wolong
  86. 6.15.1 Wolong Company Information
  87. 6.15.2 Wolong Business Overview
  88. 6.15.3 Wolong Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  89. 6.15.4 Wolong Industrial Equipment MRO Product Portfolio
  90. 6.15.5 Wolong Recent Developments
  91. 6.16 EthosEnergy
  92. 6.16.1 EthosEnergy Company Information
  93. 6.16.2 EthosEnergy Business Overview
  94. 6.16.3 EthosEnergy Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  95. 6.16.4 EthosEnergy Industrial Equipment MRO Product Portfolio
  96. 6.16.5 EthosEnergy Recent Developments
  97. 6.17 Kawasaki Heavy Industries
  98. 6.17.1 Kawasaki Heavy Industries Company Information
  99. 6.17.2 Kawasaki Heavy Industries Business Overview
  100. 6.17.3 Kawasaki Heavy Industries Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  101. 6.17.4 Kawasaki Heavy Industries Industrial Equipment MRO Product Portfolio
  102. 6.17.5 Kawasaki Heavy Industries Recent Developments
  103. 6.18 Toshiba Energy
  104. 6.18.1 Toshiba Energy Company Information
  105. 6.18.2 Toshiba Energy Business Overview
  106. 6.18.3 Toshiba Energy Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  107. 6.18.4 Toshiba Energy Industrial Equipment MRO Product Portfolio
  108. 6.18.5 Toshiba Energy Recent Developments
  109. 6.19 Stork
  110. 6.19.1 Stork Company Information
  111. 6.19.2 Stork Business Overview
  112. 6.19.3 Stork Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  113. 6.19.4 Stork Industrial Equipment MRO Product Portfolio
  114. 6.19.5 Stork Recent Developments
  115. 6.20 Hangzhou Steam Turbine
  116. 6.20.1 Hangzhou Steam Turbine Company Information
  117. 6.20.2 Hangzhou Steam Turbine Business Overview
  118. 6.20.3 Hangzhou Steam Turbine Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  119. 6.20.4 Hangzhou Steam Turbine Industrial Equipment MRO Product Portfolio
  120. 6.20.5 Hangzhou Steam Turbine Recent Developments
  121. 6.21 Flowserve
  122. 6.21.1 Flowserve Company Information
  123. 6.21.2 Flowserve Business Overview
  124. 6.21.3 Flowserve Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  125. 6.21.4 Flowserve Industrial Equipment MRO Product Portfolio
  126. 6.21.5 Flowserve Recent Developments
  127. 6.22 Kobelco
  128. 6.22.1 Kobelco Company Information
  129. 6.22.2 Kobelco Business Overview
  130. 6.22.3 Kobelco Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  131. 6.22.4 Kobelco Industrial Equipment MRO Product Portfolio
  132. 6.22.5 Kobelco Recent Developments
  133. 6.23 Howden
  134. 6.23.1 Howden Company Information
  135. 6.23.2 Howden Business Overview
  136. 6.23.3 Howden Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  137. 6.23.4 Howden Industrial Equipment MRO Product Portfolio
  138. 6.23.5 Howden Recent Developments
  139. 6.24 Conhagen Rotating Equipment Specialists
  140. 6.24.1 Conhagen Rotating Equipment Specialists Company Information
  141. 6.24.2 Conhagen Rotating Equipment Specialists Business Overview
  142. 6.24.3 Conhagen Rotating Equipment Specialists Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  143. 6.24.4 Conhagen Rotating Equipment Specialists Industrial Equipment MRO Product Portfolio
  144. 6.24.5 Conhagen Rotating Equipment Specialists Recent Developments
  145. 6.25 Houghton International
  146. 6.25.1 Houghton International Company Information
  147. 6.25.2 Houghton International Business Overview
  148. 6.25.3 Houghton International Industrial Equipment MRO Revenue, Global Share and Gross Margin (2021-2026)
  149. 6.25.4 Houghton International Industrial Equipment MRO Product Portfolio
  150. 6.25.5 Houghton International Recent Developments
7 North America
  1. 7.1 North America Industrial Equipment MRO Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  2. 7.2 North America Industrial Equipment MRO Market Size by Country (2021-2026)
  3. 7.3 North America Industrial Equipment MRO Market Size Forecast by Country (2027-2032)
8 Europe
  1. 8.1 Europe Industrial Equipment MRO Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  2. 8.2 Europe Industrial Equipment MRO Market Size by Country (2021-2026)
  3. 8.3 Europe Industrial Equipment MRO Market Size Forecast by Country (2027-2032)
9 Asia-Pacific
  1. 9.1 Asia-Pacific Industrial Equipment MRO Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  2. 9.2 Asia-Pacific Industrial Equipment MRO Market Size by Country (2021-2026)
  3. 9.3 Asia-Pacific Industrial Equipment MRO Market Size Forecast by Country (2027-2032)
10 South America
  1. 10.1 South America Industrial Equipment MRO Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  2. 10.2 South America Industrial Equipment MRO Market Size by Country (2021-2026)
  3. 10.3 South America Industrial Equipment MRO Market Size Forecast by Country (2027-2032)
11 Middle East & Africa
  1. 11.1 Middle East & Africa Industrial Equipment MRO Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  2. 11.2 Middle East & Africa Industrial Equipment MRO Market Size by Country (2021-2026)
  3. 11.3 Middle East & Africa Industrial Equipment MRO Market Size Forecast by Country (2027-2032)
12 Concluding Insights
    13 Appendix
    1. 13.1 Reasons for Doing This Study
    2. 13.2 Research Methodology
    3. 13.3 Research Process
    4. 13.4 Authors List of This Report
    5. 13.5 Data Source
    6. 13.5.1 Secondary Sources
    7. 13.5.2 Primary Sources

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