Press release
Aviation MRO Software Market Size to Grow at 6.02% CAGR from 2024 to 2032
The global aviation MRO software market was valued at USD 7.32 billion in 2023 and is projected to grow from USD 7.70 billion in 2024 to USD 11.68 billion by 2032, with a compound annual growth rate (CAGR) of 6.02% during the forecast period. In 2023, North America led the market, holding a 27.46% share of the aviation MRO software industry.๐๐ก๐ข๐ฌ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐ ๐๐ฒ ๐ ๐จ๐ซ๐ญ๐ฎ๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌโข ๐ข๐ง ๐ข๐ญ๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ญ๐ข๐ญ๐ฅ๐๐ "๐๐ฏ๐ข๐๐ญ๐ข๐จ๐ง ๐๐๐ ๐๐จ๐๐ญ๐ฐ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ, ๐๐๐๐-๐๐๐๐".
The aviation MRO software market is essential for streamlining and managing the complex processes involved in maintaining aircraft and ensuring operational efficiency. MRO software helps airlines, aircraft operators, and maintenance providers track maintenance schedules, manage spare parts inventory, ensure regulatory compliance, and optimize the overall maintenance workflow. As the aviation industry continues to grow, with an increasing number of aircraft in operation, the demand for advanced MRO software solutions is rising. Innovations in digital technologies, such as cloud-based platforms, AI, and predictive analytics, are enhancing the capabilities of MRO software, leading to improved decision-making and reduced operational costs. With airlines focused on increasing efficiency and minimizing downtime, the aviation MRO software market is poised for steady growth, driven by the need for better maintenance management and technological advancements
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/aviation-mro-software-market-101798
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฏ๐ข๐๐ญ๐ข๐จ๐ง ๐๐๐ ๐๐จ๐๐ญ๐ฐ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
โฃ AeroSoft Systems Inc. (Canada)
โฃ ATP Inc. (U.S.)
โฃ Aviation Intertec Services Inc. (Canada)
โฃ CAMP Systems International Inc. (U.S.)
โฃ Communications Software (Airline Systems) Limited (U.K.)
โฃ GE Aviation (U.S.)
โฃ HCL Technologies Limited (India)
โฃ IBM Corporation (U.S.)
โฃ IBS Software Pvt. Ltd. (India)
โฃ IFS AB (Sweden)
โฃ Jet Support Services Inc. (U.S.)
โฃ Lufthansa Technik AG (Germany)
โฃ Oracle Corporation (U.S.)
โฃ Ramco Systems Limited (India)
โฃ Rusada Group SA (Switzerland)
โฃ SAP SE (Germany)
โฃ Swiss AviationSoftware Ltd. (Switzerland)
โฃ The Boeing Company (U.S.)
๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ:
๐๐จ๐๐ค๐๐จ๐ฐ๐ง ๐๐๐ฌ๐ญ๐ซ๐ข๐๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฏ๐ข๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐๐๐๐ญ๐๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐๐ญ๐ข๐ฏ๐๐ฅ๐ฒ
The pandemic affected the market for aviation MRO software negatively as there was a huge impact on the aviation industry. Due to lockdown in the aviation industry, the production of the aircrafts was slowed down which impacted the deliveries of the deliveries for the same as well. Post-pandemic, the activities resumed which is expected to boost the demand for the software.
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
๐๐จ๐๐ญ๐ฐ๐๐ซ๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐๐๐จ๐ซ๐ ๐๐ฉ๐ฉ๐ซ๐๐๐ข๐๐๐ฅ๐ ๐๐ฎ๐ซ๐ ๐ ๐๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ
On the basis of solution, the market is fragmented into services and software. The software segment is slated to register highest CAGR throughout the estimated period. Software segment is further sub-segmented into point solution, suite, and enterprise resource planning (ERP). The rise is driven by the surging prominence of software-based solutions such as digital logbooks, digital maintenance manuals, and other aircraft health monitoring software.
๐๐๐ข๐ง๐ญ๐๐ง๐๐ง๐๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐๐ข๐ง ๐๐ซ๐๐๐ญ๐ข๐จ๐ง ๐๐จ๐ง๐ฌ๐ข๐๐๐ซ๐ข๐ง๐ ๐๐ข๐ ๐ก ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ง๐ฏ๐๐ง๐ญ๐จ๐ซ๐ฒ ๐๐ง๐ ๐ ๐ฅ๐๐๐ญ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ
Based on function, the market for aviation MRO software is categorized into business, operations, maintenance, electronic flightbag, and logbook management. Of these, the maintenance management segment is expected to depict appreciable expansion over the anticipated period. The surge is impelled by the increasing demand for MRO activities and increasing airline fleets across the world.
๐๐ฐ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ข๐ฌ๐ญ๐๐ซ ๐๐จ๐ง๐ฌ๐ข๐๐๐ซ๐๐๐ฅ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ง ๐๐ฒ ๐๐ข๐ ๐ก ๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ ๐๐จ๐ฌ๐ญ๐ฌ
On the basis of point of sale, the market is subdivided into ownership and subscription. The ownership segment is poised to record commendable growth over the forecast period. The escalation can be credited to the soaring demand for maintenance software by organizations.
๐๐ฅ๐จ๐ฎ๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐๐ฏ๐ ๐๐ข๐ ๐ก๐๐ฌ๐ญ ๐๐๐๐ ๐๐ฆ๐ฉ๐๐ฅ๐ฅ๐๐ ๐๐ฒ ๐๐ฎ๐ซ๐ ๐ข๐ง๐ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ ๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ
On the basis of deployment type, the market for aviation MRO software is segmented into cloud and on-premise. Of these, the cloud segment is slated to register appreciable CAGR over the estimated period. The rise can be attributed to the increasing upgradation of existing aircraft fleet and component availability.
๐๐๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ข๐ฌ๐ญ๐๐ซ ๐๐จ๐ญ๐๐๐ฅ๐ ๐๐ฎ๐ซ๐ ๐ ๐๐ฆ๐ฉ๐๐ฅ๐ฅ๐๐ ๐๐ฒ ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ ๐ข๐ง ๐๐๐ข๐ง๐ญ๐๐ง๐๐ง๐๐
On the basis of end use, the market is segmented into OEMs, MROs, and airline operators. The MRO segment is expected to register considerable expansion over the anticipated period. The expansion is driven by the escalating number of cargo and airline fleets that require major maintenance operations.
Considering the regional landscape, the market has been analyzed across North America, Europe, Asia Pacific, the Middle East, and the Rest of the World.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐ ๐๐จ๐ฐ:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/aviation-mro-software-market-101798
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report gives an analysis of the significant trends propelling the global industry landscape over the forecast period. It also gives an insight into the major factors driving the business scenario throughout the forthcoming years. These data have been furnished after in-depth research and data collation from trusted sources.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
๐๐ฎ๐ซ๐ ๐ ๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฅ๐ฎ๐ ๐๐ซ๐ข๐ฏ๐๐ง ๐๐ฒ ๐ญ๐ก๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐ ๐ฅ๐๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
One of the major factors propelling aviation MRO software market growth is the increasing demand for air fleet expansion. This is due to an elevation in the air travel demand in developing nations such as China and India.
However, the industry expansion could be hampered by the increasing research and development cost and rising technological development in software and equipment.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ญ๐จ ๐๐๐ ๐ข๐ฌ๐ญ๐๐ซ ๐๐จ๐ญ๐๐๐ฅ๐ ๐๐ฎ๐ซ๐ ๐ ๐๐ฆ๐ฉ๐๐ฅ๐ฅ๐๐ ๐๐ฒ ๐๐ซ๐๐ฌ๐๐ง๐๐ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
North America aviation MRO software market share is set to depict remarkable expansion over the projected period. The rise is due to the presence of major industry participants such as IBM Corporation, Oracle Corporation, and ATP Inc.
The Europe market is expected to register considerable growth throughout the forecast period. The surge is driven by the presence of major players in the region.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ง๐ญ๐๐ซ ๐๐๐ซ๐ญ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐๐ ๐ซ๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ญ๐จ ๐๐ฑ๐ฉ๐๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐๐๐ก
Major industry participants are centered on the adoption of a range of initiatives such as merger agreements, acquisitions, and partnerships for the consolidation of their business positions. Some of the additional initiatives include an increase in research activities and the rollout of new solutions.
๐๐ฌ๐ค ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/aviation-mro-software-market-101798
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
March 2022 - Aircraft Accessories and Components Company entered a partnership agreement with Safran Landing Systems, a major provider of landing gear MRO.
๐๐๐๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Automatic Dependent Surveillance Broadcast Market
https://www.fortunebusinessinsights.com/automatic-dependent-surveillance-broadcast-ads-b-market-103355
Airborne Fire Control Radar Market
https://www.fortunebusinessinsights.com/airborne-fire-control-radar-market-104048
Aerospace Robotics Market
https://www.fortunebusinessinsights.com/aerospace-robotics-market-103324
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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