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
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Fortune Business Insightsโข Pvt. Ltd.
9th Floor, Icon Tower,
Baner, Pune-411045,
Maharashtra, India.
Phone:
US +1 833 909 2966 (Toll Free)
UK +44 808 502 0280 (Toll Free)
APAC +91 744 740 1245
Email: sales@fortunebusinessinsights.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Aviation MRO Software Market Size to Grow at 6.02% CAGR from 2024 to 2032 here
News-ID: 3680282 • Views: โฆ
More Releases from Fortune Business Insights
Tugboats Market to Exhibit CAGR of 15.3% by 2032; Key Developments in Autonomous โฆ
The global tugboats market was valued at USD 19.17 billion in 2023 and is expected to grow from USD 23.81 billion in 2024 to USD 74.29 billion by 2032, reflecting a CAGR of 15.3% during the forecast period. In 2023, North America held the largest market share, accounting for 34.9% of the tugboats market.
The tugboats market plays a crucial role in the maritime industry, providing essential support services for theโฆ
Revenue Cycle Management Market Size, Growth, Opportunities 2024-2032 | Allscrip โฆ
The revenue cycle management (RCM) market plays a crucial role in the healthcare sector by managing the financial processes related to patient care, from registration to billing and payment. This market encompasses a range of services and solutions aimed at improving the efficiency of revenue generation and ensuring that healthcare providers receive timely payments for their services. Key components of RCM include patient scheduling, insurance verification, coding, billing, and collections,โฆ
Revenue Cycle Management Market Size, Growth, Opportunities 2024-2032 | Allscrip โฆ
The revenue cycle management (RCM) market plays a crucial role in the healthcare sector by managing the financial processes related to patient care, from registration to billing and payment. This market encompasses a range of services and solutions aimed at improving the efficiency of revenue generation and ensuring that healthcare providers receive timely payments for their services. Key components of RCM include patient scheduling, insurance verification, coding, billing, and collections,โฆ
Assistive Technology Market Size, Growth, Opportunities 2024-2032 | Demant AS, G โฆ
The assistive technology market is a vital sector within healthcare and technology, focusing on devices, software, and services designed to enhance the quality of life for individuals with disabilities or special needs. This market includes a wide range of products, such as mobility aids, hearing devices, vision enhancement tools, communication devices, and cognitive assistance technologies. The increasing prevalence of disabilities due to factors such as aging populations and chronic healthโฆ
More Releases for MRO
MRO Distribution Market Analysis Report 2022 - 2030
Acumen Research and Consulting has announced the addition of the "MRO Distribution Market" report to their offering.
The MRO Distribution Market Report 2030 is an in depth study analyzing the current state of the MRO Distribution Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on MRO Distribution Market provides analysis of global market covering the industry trends, recentโฆ
Aircraft Airframe MRO Market 2021 | Detailed Report
According to Market Study Report, Aircraft Airframe MRO Market provides a comprehensive analysis of the Aircraft Airframe MRO Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. An exclusive data offered in this report is collected by research and industry experts team.
Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5263001
The report provides a comprehensive analysis of company profiles listed below:
- Air France KLM Engineeringโฆ
Aircraft MRO Market Trends Analysis 2030
Advanced report on 'Aircraft MRO Market' Added by prophecymarketinsights.com, offers details on current and future growth trends pertaining to the business besides information on myriad regions across the geographical landscape of the 'Aircraft MRO market'. The report also expands on comprehensive details regarding the supply and demand analysis, participation by major industry players and market share growth statistics of the business sphere.
Aircraft MRO Market report also caters the detailed informationโฆ
Global Aircraft MRO Market Competitive Dynamics 2019
The Report named โGlobal Aircraft MRO Marketโ serves crucial perceptions into global Aircraft MRO industry along with newfangled industry details, currently dominating players in Aircraft MRO, chapter wise analysis of each section and looming industry trends, which will guide the readers to target Aircraft MRO market product Specifications and clients driving the long-term market revenue and profitability.
The Scope of the Aircraft MRO Market Report:
This report mainly focuses on Aircraft MROโฆ
Aircraft MRO Market Products, Services and Solutions
MarketResearchReports.Biz adds โGlobal Aircraft MRO Market Share, Size, Trends and Forecast Market Research Reportโ reports to its database. This report provides a strategic analysis of the Aircraft MRO and the growth estimates for the forecasted period.
The main objective of this report is to aid the user in understanding the market as a whole, its definitions, segmentation, market potential, influential trends, and the barriers that it is facing. Meticulous research andโฆ
Aircraft MRO Market 2018 Report by MRO Type, Aircraft type, Application and Regi โฆ
Market Highlights:
Over the years, the aviation industry has been witnessing a steady growth, owing to the increased diversification among airlines, across the globe. Of late, passenger traffic is expanding with resilience across the globe, despite a slight slowdown in the global economy. Large markets, such as the U.S., Europe, and Asia witness increased expenses by the passengers, due to the rising income levels of the expanding middle class population inโฆ