United States Oil& Gas Equipment MRO Market was valued at USD 8.5 Billion in 2022 and is projected to reach USD 12.1 Billion by 2030, growing at a CAGR of 5.4% from 2024 to 2030.
The US Oil & Gas Equipment MRO (Maintenance, Repair, and Overhaul) Market plays a critical role in ensuring the continued operational efficiency and longevity of oil and gas equipment. This market is driven by industries that require high-performance and reliable equipment to meet the demanding conditions of the energy sector. Oil and gas exploration, production, and refining operations often deal with equipment that faces harsh environments, demanding regular maintenance and upgrades. The MRO services for oil and gas equipment range from minor repairs to extensive overhauls that ensure compliance with safety regulations and efficiency standards.
The demand for MRO services within the US oil and gas industry has been rising steadily due to the increasing focus on extending the life of expensive equipment. Equipment such as drilling rigs, pipelines, compressors, and turbines, which are integral to oil extraction and refining, require continuous maintenance to avoid costly downtimes and ensure safety. For example, turbines may require regular inspections for wear and tear, while compressors need specific parts replaced to maintain optimal performance. This drives a significant market for MRO providers, with a focus on critical parts, such as seals, gaskets, and valves, and even advanced technologies like predictive maintenance solutions.
The industries that rely on the US Oil & Gas Equipment MRO Market require specialized services tailored to their operations. These industries include upstream, midstream, and downstream sectors, all of which have different maintenance needs. For instance, the upstream sector demands MRO services for equipment used in exploration and extraction, where durability and operational reliability are essential. In contrast, the downstream sector requires services related to refining and distribution, with particular attention to regulatory compliance and safety standards.
Furthermore, the growing trend towards automation and digitalization in the oil and gas sector has spurred the demand for sophisticated MRO solutions. Companies are increasingly adopting IoT (Internet of Things) technologies to monitor equipment performance in real-time, allowing for predictive maintenance. This reduces unplanned outages and lowers maintenance costs, benefiting both equipment operators and service providers in the MRO sector. As the industry moves toward more sustainable and cost-effective solutions, the US Oil & Gas Equipment MRO Market will continue to evolve, incorporating advanced tools and technologies to meet the dynamic needs of the energy sector.
Get an In-Depth Research Analysis of the US Oil& Gas Equipment MRO Market Size And Forecast [2025-2032]
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
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the US Oil& Gas Equipment MRO Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the US Oil& Gas Equipment MRO Market
Rotating Equipment
Static Equipment
Fluid Handling Equipment
Process Equipment
Instrumentation and Control Equipment
Pipeline and Pipeline Accessories
Repairs and Overhauls
Parts Replacement
Preventive Maintenance
Field Services
Technical Support and Consultation
Upstream Oil & Gas
Midstream Oil & Gas
Downstream Oil & Gas
Petrochemicals
Renewable Energy
New Equipment
In-Service Equipment
End-of-life Equipment
Refurbished Equipment
Direct Procurement
Third-Party Procurement
In-house Maintenance
Integrated Service Providers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Oil& Gas Equipment MRO Market Research Analysis
1. Introduction of the US Oil& Gas Equipment MRO Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Oil& Gas Equipment MRO Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Oil& Gas Equipment MRO Market, By Type
6. US Oil& Gas Equipment MRO Market, By Application
7. US Oil& Gas Equipment MRO Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Oil& Gas Equipment MRO Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading US Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/