Global Aviation MRO Software Market Overview
Software for aviation MRO (maintenance, repair, and operations) helps airlines and aviation companies manage maintenance, repair, and operations. Aircraft MRO systems are used by airlines and aviation maintenance companies to make purchases, manage their MRO employees, keep track of part inventories, and monitor all repair activities. For all maintenance and aircraft servicing operations, aviation MRO software includes capabilities including order administration, inventory control, shipping, and scheduling. Aviation MRO Software Market size was valued at US$ 5.98 billion in 2020 and is estimated to be US$ 7.63 billion by 2030 and is anticipated to register a CAGR of 3.0%.
Global Aviation MRO Software Market Drivers & Restraints
Additionally, the market is expected to rise as a result of increased technological advancements and R&D activities. Modern technology are being used to aviation through the Internet of Things. Thanks to big data and IoT-enabled sensors, condition-based maintenance is being streamlined and improved. AI enables an autopilot system to support the pilot in steering the aircraft and learn from data over time to make decisions while flying. The MRO sector also uses augmented reality technologies to fill the technician shortage.
Global Aviation MRO Software Market Segmentations & Regional Insights
Source: Prophecy Market Insights
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Global Aviation MRO Software market has been segmented on the basis of type, application, and region.
On the basis of type, the global Aviation MRO Software market is segmented into Cloud Based and On Premises. On the basis of application, the global Aviation MRO Software market is segmented into Original Equipment Manufacturers (OEM), Maintenance, Repair, and Overhaul (MRO), and Airlines.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On basis of region the Global Aviation MRO Software Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. During the projected period, Asia Pacific is anticipated to experience significant growth in the MRO software market for aviation. The main cause of the growing demand for maintenance professionals, and consequently for MRO software, is a growth in passenger traffic, particularly in nations like India, China, Japan, and Singapore. Due to the presence of several significant aviation MRO software suppliers in this region, including HCL Technologies Limited (India) and Ramco Systems Limited, the industry is also anticipated to experience rapid expansion (India).
Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020– 2030 |
Market representation |
Revenue in USD Billion & CAGR from 2020 to 2030 |
Market Segmentation |
By Type – Cloud Based and On Premises. By Application – Original Equipment Manufacturers (OEM), Maintenance, Repair, and Overhaul (MRO), and Airlines. |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Aviation MRO Software report based on test, application, and region.
Global Aviation MRO Software Market, By Type:
- AML
- FDP
- Compliance Management
- Customer Identity Management
Global Aviation MRO Software Market, By Application:
- Original Equipment Manufacturers (OEM)
- Maintenance
- Repair
- Overhaul (MRO)
- Airlines
Global Aviation MRO Software Market, By Region:
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-
- North America
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- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Aviation MRO Software Market Competitive Landscape & Key Players
The key players operating the Global Aviation MRO Software Market includes ,HCL Technologies Limited (India), SAP SE (Germany), International Business Machines Corporation (US), Ramco Systems Limited (India), IFS AB (Sweden), Oracle Corporation (US), Boeing (US), Infor (US), Trax (US), Swiss AviationSoftware (Switzerland), IBS Software (India), Rusada (Switzerland), Communications Software Limited (UK), Flatirons Solutions, Inc. (US), Aviation Intertec Services (Canada), BytzSoft Technologies Pvt. Ltd. (India), Tracware Limited (UK), FLY Online Tools (US), Aerosoft Systems Inc. (US), Lufthansa Technik AG (Germany), GE Aviation (US), and Sopra Steria (France).
Global Aviation MRO Software Market Company Profile
- HCL Technologies Limited *
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Boeing
- SAP
- IBM Corp.
- Ramco Systems, Inc.
- IFS (Industrial and Financial Systems)
- Oracle Corp.
- Infor
- Trax
- Swiss Aviationsoftware
“*” marked represents similar segmentation in other categories in the respective section
Global Aviation MRO Software Market Highlights
FAQs
The Global Aviation MRO Software Market report segments the market basis of type, application, and region.
Increased technical advances and R&D efforts are creating market growth prospects.
Asia Pacific is growing at the highest CAGR over 2021- 2026.
The leading players operating in the Global Aviation MRO Software Market includes HCL Technologies, Inc.,Boeing,SAP,IBM Corp.,Ramco Systems, Inc.,IFS (Industrial and Financial Systems),Oracle Corp.,Infor,Trax,Swiss Aviationsoftware