Digital MRO Market Forecast Report 2020 – 2027 – Top Key Players Analysis

This report researches and evaluates the impact of COVID-19 outbreak on the market, including potential opportunities and challenges, drivers, and risks associated with the market. We present a detailed assessment of market growth based on numerous scenarios.

Market Overview:

The market report offers a detailed analysis of the market size, regional and country-level market size, segmentation, market growth, market share, competitive landscape, and the impact of domestic and global leading players.

Market Drivers:

The key factors contributing to the increase in the demand of the Global Digital MRO market include the rising digitalization activities among MROs, increasing penetration of Software-as-a Services (SaaS) across the aviation industry, and the rising need to enhance maintenance, repair & overhaul of existing aircrafts. Various advanced technologies like big data analytics and Al are being exploited by the aviation industries to improve its predictive maintenance and supply chain. This factor will further increase the growth of the digital MRO market size.

Airlines operators are largely opting for digital MRO to reduce their annual operating costs, add innovation to their supply chain, bolster their aftermarket service, and provide enhanced customer experience. However, the high deployment cost of implementing the digital MRO software suite and shortage of a common data standard are some of the factors that are holding back the market growth.

Market Segmentation:

The Global Digital MRO market is split by Technology, Application, End-User Revenue, and regions. For the forecast period, the growth among the segments provides accurate calculations and forecasts for sales by different segments in terms of volume and value. This analysis will help in expanding the business by targeting qualified niche markets.

Segment by Technology:

  • Predictive Maintenance
  • AR/VR
  • 3D Printing
  • Blockchain
  • Artificial Intelligence
  • Robotics

o Drones

o Robots

  • Big Data Analytics
  • Digital Twin
  • Internet of Things

Segment by Application:

  • Inspection
  • Performance Monitoring
  • Predictive Analysis
  • Part Replacement
  • Mobility & Functionality

Segment by End-User Revenue:

  • Airlines

o Small Airlines

o Medium Airlines

o Large Airlines

  • MROs

o Small MROs

o Medium MROs

o Large MROs

  • OEMs

o Aircraft OEMs

o Engine OEMs

Segment by Region:

  • North America

o United States of America

o Canada

  • Asia Pacific

o China

o Japan

o India

o Rest of APAC

  • Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

  • RoW

o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

Competitive Landscape and Analysis:

The Global Digital MRO market offers detailed information including company overview, company total revenue, market potential, global presence, and total revenue generated. The report will also provide market share, production sites, SWOT analysis, product launch, and other relevant data.

The key players for the Global Digital MRO market are General Electric, Honeywell International, Inc., Ansys, Inc., The Boeing Company, SAP SE, Capgemini SE, Hexaware Technologies, IFS, IBM Corporation, Ramco Systems, and Lufthansa Technik AG, among others.

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