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Digital MRO Market Growth Prospects to 2027 – TOP Vendors are Ansys, Boeing, Capgemini, General Electric, Hexaware Technologies, Honeywell International, IFS, Lufthansa Technik, Ramco System, SAP SE

10-14-2019 04:35 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Digital MRO Market Growth Prospects to 2027 – TOP Vendors

According to a new market study entitled "Digital MRO Market to 2027 - Global Analysis and Forecasts by Deployment Type (On-Premise and Cloud) and Industry Vertical (BFSI, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Travel & Hospitality, IT & Telecommunication, Media & Entertainment, and Others) and Geography, "explains the report, explaining the key drivers of this growth and highlighting key market players and their evolution. The report factors this growth and also highlights the major players in the market and their developments.

The aerospace industry is continually witnessing significant progress in the development of advanced technologies. The aircraft manufacturers, engine manufacturers, MRO service providers, and various airlines are persistently seeking robust technologies to smoothen their manufacturing and maintenance operations. The digital MRO market is experiencing substantial demand in the developed countries owing to the monetary balance, skilled workforce, and adaptation capability. A similar trend is anticipated to be witnessed among the end users in developing countries, which is expected to boost the growth rate of digital MRO market.

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This report contains:

• Market sizing for the global Digital MRO Market.
• Compare major Digital MRO providers strategies and approaches to the challenges they face
• Analysis of the effects deglobalisation trends may have for Digital MRO providers
• Profiles of major Digital MRO providers

The digital MRO market is catalyzed by the increasing demand for technologically advanced solutions for conducting aircraft maintenance, repair, & overhaul activities. Attributing to the factors such as the continuous evolution of robust aerospace technologies, adoption of robotics in the aerospace sector, and implementation of AR/VR in the aerospace industry, the digital MRO market is expected to proliferate robustly over the years.

Additionally, the demand for replacing traditional mechanisms with modern technologies for aircraft MRO is leading the digital MRO market growth. The increasing trend of adoption of Internet of Things, Big Data, and Artificial Intelligence among the airlines and MRO service providers in the financially emerging countries is anticipated to drive the digital MRO market.

Leading Key Players:

• Ansys
• Boeing
• Capgemini
• General Electric
• Hexaware Technologies
• Honeywell International Inc.
• IFS
• Lufthansa Technik
• Ramco System
• SAP SE

The "Global Digital MRO Market Analysis to 2027" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the global digital MRO market with detailed market segmentation by technology, application, end user, and geography. The global digital MRO market is expected to witness substantial growth during the forecast period. The report provides key statistics on the market status of the leading digital MRO market players and offers key trends and opportunities in the market.

The global digital MRO market is segmented on the technology, application, and end user. On the basis of technology, the digital MRO market is segmented into predictive maintenance, AR/VR, 3D Printing, Artificial Intelligence, Internet of Things, Robotics, and Others. On the basis of application, the digital MRO market is segmented into inspection, monitoring, and part replacement. Based on end user, the digital MRO market is categorized as aircraft OEMs, engine OEMs, MRO service providers, and airlines.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global digital MRO market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America.

THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE

• The report provides qualitative and quantitative trends of global Digital MRO Market across offerings, deployment type, industry vertical, and geography.
• The report starts with the key takeaways (chapter two), highlighting the key trends and outlook of the global Digital MRO Market.
• Chapter five discusses the global Digital MRO Market scenario, in terms of historical market revenues, and forecast till the year 2027.
• Chapter six to nine discuss Digital MRO Market segments by offerings, deployment Type, and industry vertical across North America, Europe, Asia-Pacific, Middle East & Africa and South America. They cover market revenue forecast, and factors driving and governing growth.
• Chapter twelve provides the detailed profiles of the key companies operating in the global Digital MRO Market. The companies have been profiled on the basis of their key facts, business description, financial overview, SWOT analysis, and key developments.
• Chapter thirteen, i.e. the appendix is inclusive of a brief overview of the company, glossary of terms, research methodology, contact information, and the disclaimer section.

Contact Us:

Call: +1-646-491-9876
Email: sales@theinsightpartners.com

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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