Press release
Digital Aerospace MRO Market Revenue, Share, Global Industry Analysis, Demand, Comprehensive Growth And Forecast Till 2031
‘Digital Aerospace MRO Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The digital aerospace MRO market research report helps gain a truly global perspective of the digital aerospace MRO industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.The regions covered in the digital aerospace MRO market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest digital aerospace MRO share.
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The digital aerospace MRO market consists of sales of MRO services and software by entities (organizations, sole traders, and partnerships) that are engaged in providing digital aerospace MRO services and software suites for catering the maintenance, repairs, and operational needs. Digital Aerospace MRO refers to the use of digital technology such as the Internet of Things (IoT), blockchain, artificial intelligence (AI), robots, augmented reality/virtual reality (AR/VR), digital twins, and 3D printing to conduct MRO operations.
Key competitors in the digital aerospace MRO market are IBM Corporation, IFS AB, Ramco Systems, Rusada, Boeing, Swiss Aviation Software AG, Lufthansa Technik.
The global digital aerospace MRO market size is expected to grow from $589.86 million in 2021 to $658.28 million in 2022 at a compound annual growth rate (CAGR) of 11.6%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The digital aerospace MRO market is expected to reach $1,094.68 million in 2026 at a CAGR of 13.5%.
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TBRC’s report segments the global digital aerospace MRO market:
1) By Technology: Predictive Maintenance, AR or VR, 3D Printing, Artificial Intelligence, Internet of Things, Robotics, Others
2) By Application: Inspection, Performance Monitoring, Predictive Analysis, Part Replacement, Mobility and Functionality
3) By End User: OEMs, Airlines, MROs, Others
Read Further On The Digital Aerospace MRO Market Here:
https://www.thebusinessresearchcompany.com/report/digital-aerospace-mro-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Digital Aerospace MRO Market Characteristics
3. Digital Aerospace MRO Market Trends And Strategies
4. Impact Of COVID-19 On Digital Aerospace MRO
5. Digital Aerospace MRO Market Size And Growth
.....
28. Key Mergers And Acquisitions In The Digital Aerospace MRO Market
29. Digital Aerospace MRO Market Future Outlook And Potential Analysis
30. Appendix
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