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Digital MRO Market

Digital MRO Market

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SKU ID :
GIR-15335570

Publishing Date:
26-Feb-2020

No. of pages:
325

Price

Single-user $2,500.00
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Team-user $3,500.00
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Enterprise-access $4,500.00
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The digital MRO market is projected to grow at a CAGR 13.08% rate during the forecast period. Factors such as increasing digitalization of MRO activities by commercial airlines and MROs and the rising demand for enhancing the repair and maintenance operations of existing aircraft fleet are expected to fuel the market.

Based on end user, the MROs segment is projected to grow at the highest CAGR from 2019 to 2030. MROs must fulfil all the regulatory requirements while reducing the timeline and cost of aircraft maintenance. This is enhancing the demand for software solutions to smoothen the operational efficacy. Large MROs are investing in new technologies such as AI, blockchain, and digital twin to reduce maintenance cost and aircraft downtime. This, in turn, is projected to drive the MROs segment in the market.

Based on technology, the artificial intelligence segment of the market is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing demand for predictive maintenance, part failure analysis, and troubleshooting. IBM has been developing AI-based software for increasing agility in the workflow

The North America market is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing aircraft deliveries in the region. Many large and medium MROs and airlines are present in this region. Also, increase in the MRO services and digital transformation of MROs is expected to drive the demand for digital MRO in the region..

The major players in the market are IBM Corporation (US), IFS (Sweden), Ramco Systems (India), Rusada (Switzerland). SAP (Germany), Swiss AviationSoftware (Switzerland), Lufthansa Technik (Germany), General Electric (US), Boeing (US), and Honeywell International (US). These companies are supplying advanced digital MRO solutions. These players have adopted various growth strategies as contracts, acquisitions, expansions, new product launches, and partnerships & agreements to further expand their presence in the market.

Key Questions Addressed by the Report

  • What are your views on the growth perspective of the market? What are the key dynamics, such as drivers, opportunities, and trends that govern the market?
  • What are the key sustainability strategies adopted by leading players operating in the market?
  • What are the new emerging technologies and use cases disrupting the aviation MRO industry?
  • What are the applications wherein digital MRO solutions play a significant role?
  • What are the key trends and opportunities in the market across different regions and their respective countries?
  • Who are the key players and innovators in the ecosystem of the market?
  • Which supplier is expected to hold the largest market share in 2019?
  • How is the competitive landscape changing in the client ecosystem and impacting the revenue of companies?

1.Introduction

Market Definition

Study Scope

Study Period

Stakeholders

2. Research Methodology

Secondary Research

Primary Research

Research Design

Data Validation

Limitation and Assumptions

3. Executive Overview

4. Market Overview

Drivers

Restraints   

Opportunities

Challenges

5. Digital MRO Market, By Application 

Performance Monitoring

Part Replacement

Inspection

Predictive Analysis

Mobility and Functionality

6. Digital MRO Market, By End User 

Airlines

MROs

OEMs

7. Digital MRO Market, By Technology

AR/VR

Blockchain

Robotics

Digital Twin

Predictive Maintenance

3D Printing

Artificial Intelligence

Data Analytics

Internet of Things

8. Digital MRO Market, By Type

Internal

External

9. Digital MRO Market, By Region

North America

     US

     Canada

Europe

     UK

     Germany

     Spain

     France

     Turkey

     Rest of Europe

Asia Pacific

      China 

      Japan

      South Korea

      India 

      Australia

      Rest of APAC

Middle East

      UAE

      Saudi Arabia

      Rest of Middle East

Rest of the World

      Latin America

       Africa

10. Company Profiles

Boeing

SAP

Hexaware

IFS

Lufthansa Technik

Ansys

Capegemini

General Electric (GE)

Honeywell

11. Appendix

About

Abbreviations

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