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Global Aviation MRO Software Market Size, Share, Analysis, Research: By Deployment Type: Cloud-based, On-premises; By End-Use: Airlines, MROs, OEMs; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape: Industry Events and Developments; 2023-2028
Global Aviation MRO Software Market Outlook
The global aviation MRO software market size stood at a value of around USD 6.53 billion in 2021. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 3.30% to reach USD 7.99 billion by 2027.
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Increasing Adoption of Cloud-based MRO Software is Driving the Global Aviation MRO Software Industry
Cloud-based MRO software offers great advantages to the aviation businesses which include predictable monthly payments, easy scalability, quick performance, and excellent storage capabilities. Hence, these advantages are leading to a heightened demand of these software. In addition to this, it decreases need of an aviation company to worry about maintaining or updating software systems which saves time and money. Growing research and development activities by the leading cloud-based software developing companies aimed towards making more adaptable and reliable MRO software are anticipated to be the major market guiding factors.
North America Accounts for a Significant Share in the Market for Aviation MRO Software
The global aviation MRO software market in North America is being driven by the strong foothold of service providers leading to increased number of strategic collaborations and acquisitions. Meanwhile, the rapid technological advancements in the aviation industry in the United States and Canada is leading to a heightened adoption of cloud-based aviation MRO software.
Over the forecast period, the growing expansion of the commercial aviation sector in the region is likely to lead to an increase in the number of aircraft deliveries. This will increase the need for MRO software for greater efficiency and safety of the passengers.
Market Segmentation
Aviation maintenance, repair, and overhaul or MRO software deals with the inspection and maintenance of an aircraft or components of an aircraft. An aviation MRO service company specialises in keeping an aircraft fit for flying thereby ensuring safety of the passengers. Moreover, aviation MRO software includes features such as management of placed orders, controlling of inventory, scheduling of maintenance activities, and shipping.
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Based on deployment type, the global aviation MRO software market can be segmented into:
- Cloud-based
- On-premises
By end-use, the market has been divided into:
- Airlines
- MROs
- OEMs
The regional markets for the product include North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
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Robust Investments towards Automation in the Aviation Sector to Boost the Growth of the Aviation MRO Software Industry
The global aviation MRO software market is being driven by robust investments towards automation in the aviation industry. The aim is towards improving the operational efficiency, enhancing the supply chain management, and bolstering the efficiency of quality assurance by reducing the chances of error. Increasing cooperation between MRO service providers and base maintenance facility for aircrafts, to augment the workforce management capabilities is anticipated to accelerate the demand for MRO software in the coming years.
Over the forecast period, a growing expansion of airline fleets is expected owing to the increasing number of international and domestic travellers. This is likely to lead to expanded data which will in turn propel the need for MRO software for data-management. Moreover, the market is anticipated to be driven by the outsourcing of support contracts which can be attributed to the increasing number of private players entering the aviation industry. Furthermore, the market is likely to be aided by the increasing induction of high-tech and technologically capable and high maintenance aircrafts. This is anticipated to further propel the dependence on aviation MRO software in the coming years.
Key Players in the Global Aviation MRO Software Market
The report gives a detailed analysis of the following key players in the global aviation MRO software market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- IBM Corporation
- Ramco Systems Limited
- Swiss AviationSoftware Ltd.
- Rusada Group SA.
- Communications Software (Airline Systems) Limited
- BytzSoft Technologies Pvt. Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Deployment Type |
|
| Breakup by End-Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Aviation MRO Software Market Analysis
8.1 Key Industry Highlights
8.2 Global Aviation MRO Software Historical Market (2018-2022)
8.3 Global Aviation MRO Software Market Forecast (2023-2028)
8.4 Global Aviation MRO Software Market by Deployment Type
8.4.1 Cloud-based
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 On-premises
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Aviation MRO Software Market by End-Use
8.5.1 Airlines
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 MROs
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 OEMs
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.6 Global Aviation MRO Software Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Aviation MRO Software Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Aviation MRO Software Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Aviation MRO Software Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
15.2 Japan
15.2.1 Historical Trend (2018-2022)
15.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Aviation MRO Software Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Aviation MRO Software Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 IBM Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Ramco Systems Limited
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Swiss AviationSoftware Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Rusada Group SA.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Communications Software (Airline Systems) Limited
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 BytzSoft Technologies Pvt. Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Aviation MRO Software Market: Key Industry Highlights, 2018 and 2028
2. Global Aviation MRO Software Historical Market: Breakup by Deployment Type (USD Million), 2018-2022
3. Global Aviation MRO Software Market Forecast: Breakup by Deployment Type (USD Million), 2023-2028
4. Global Aviation MRO Software Historical Market: Breakup by End-Use (USD Million), 2018-2022
5. Global Aviation MRO Software Market Forecast: Breakup by End-Use (USD Million), 2023-2028
6. Global Aviation MRO Software Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Aviation MRO Software Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Aviation MRO Software Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Aviation MRO Software Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Aviation MRO Software Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Aviation MRO Software Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Aviation MRO Software Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Aviation MRO Software Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Aviation MRO Software Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Aviation MRO Software Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Aviation MRO Software Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Aviation MRO Software Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Aviation MRO Software Market Structure.
Key Questions Answered in the Report
In 2021, the global market attained a value of nearly USD 6.53 billion.
The market is projected to grow at a CAGR of 3.30% between 2023 and 2028.
Over the forecast period of 2023-2028, the market is estimated to witness a healthy growth to reach USD 7.99 billion by 2027.
The major regions in the industry are North America, with the United States and Canada accounting for a significant market segment, Latin America, the Middle East, Africa, Europe, and Asia Pacific.
The major drivers of the market include the increasing investments towards the automation in aviation industry, rising number of international and domestic travellers, and growing expansion of the aviation businesses.
The increasing induction of advanced fleets requiring high maintenance are likely to be the key trends in the market.
Cloud-based and on-premises are the are the different deployment types based on which the market has been bifurcated.
Airlines, MROs, and OEMs are the significant end uses included in the market report.
The major players in the industry are IBM Corporation, Ramco Systems Limited, Swiss AviationSoftware Ltd., Rusada Group SA., Communications Software (Airline Systems) Limited, and BytzSoft Technologies Pvt. Ltd., among others.
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