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MRO Software Market in aviation by Solution, Deployment, End User And Region – Global Forecast to 2022

MRO Software Market: aviation Forecast until 2022

  • March 2018
  • 166 pages
  • ID: 5370340
In this report:
The on-premises solution Asia Pacific market is projected to grow from an estimated USD ##.## million in 2017 to USD ##.## million by 2022, at a CAGR of ##.##% from 2017 to 2022, and is expected to grow at the highest CAGR of ##.##% during the forecast period.
The Asia Pacific market is expected to grow at the highest CAGR of ##.##% during the forecast period, is estimated at USD ##.## million in 2017, and is projected to reach USD ##,##.## million by 2022.

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The MRO software market in aviation is expected to rise at a compound annual growth rate (CAGR) of 3.85% during the forecast horizon

The MRO software market in aviation is projected at ~$4.1B in 2017 and is projected to extend ~$4.9B by 2022, at a compound annual growth rate of ~3.8 percent between 2017 and 2022. A significant rise in digitalization of MRO activities and the large demand in aviation maintenance software services from MROs are estimated to drive the rise of the aviation MRO market. The growth in demand for upgradation of the legacy Management Information System to digital MRO software in aviation is another factor influencing the increase of the aviation maintenance software market. Nevertheless, the limited budgets restrain the adoption of MRO software, and lack of common data standards is a hurdle in the increase of this market.

Established on solution, the ERP segment is estimated to result the MRO software market in aviation in 2017

Established on solution, the ERP segment is estimated to result the MRO software market in aviation in 2017.Demand for integrated ERP solutions by MROs and airlines is driving the increase of this segment, as MROs and airlines are focusing on the complete digitalization of their operations through the implementation of ERP solutions.

The ERP segment is further broken down into maintenance management, operations management, and business management.

Established on end-user, the airlines segment is estimated to result the MRO software market in aviation in 2017

Established on final user, the airlines segment is estimated to result the MRO software market in aviation in 2017. The market demand in aviation maintenance software in airlines, along the digitalization of airlines and airports is driving the rise of the segment.

Established on deployment, the on premises segment is estimated to result the MRO software market in aviation in 2017

Established on deployment, the on premises segment is estimated to result the MRO software market in aviation in 2017. The increase of the on premises segment can be connected to the raised demand for on premises software from the airline sector.

The MRO software market in aviation in the Asia Pacific is expected to grow at the highest compound annual growth rate (CAGR) during the forecast period The MRO software market in aviation in the Asia Pacific is anticipated to witness the highest increase between 2017 and 2022.This increase can be accredited to the rise in aircraft production and deliveries in the Asia Pacific area.

Also, rise in MRO services is predicted to push the demand for more software in the territory, wherein, China (CN), India (IN), and Japan (JP) are main markets in aviation MRO software.

Distribution of profile of primary members taking part for this industry report:

• By Company category: Tier 1 - 55.0 percent, Tier 2 - 25.0 percent, and Tier 3 - 20.0 percent

• By Description: C-suite - 75.0 percent and Grade of manager - 25.0 percent

• By Area: Asia continent - 45.0 percent, Europe (EU) - 30.0 percent, North America (NA) - 20.0 percent, and rest of the world - 5.0 percent

Top actors operating in the MRO software market in aviation contain AerData, HCL Technologies, IBM (NYSE:IBM), IFS, Oracle (NASDAQ:ORCL), Ramco Systems, Rusada. SAP, Swiss AviationSoftware, and Trax.

Segment Research

The research study segments the MRO software market in aviation established on solution (enterprise resource planning and point solution), end-user (original equipment manufacturers, maintenance, repair, and overhaul firms and airlines), deployment (cloud based and on premises software solutions).These segments and sub-segments are mapped across main regions, that is, North America continent, EU, Asia Pacific (APAC), and Rest of the globe.

The analysis offers detailed market intelligence about the main key factors influencing the rise of the MRO software market in aviation (drivers, business restraints, alternatives, and market-specific challenges). It examines micromarkets with respect to individual developments trends, prospects, and their contribution to the MRO software market in aviation.

Why acquiring this study can help you:

From an insight prospect, the MRO software market in aviation report highlights on several levels of analyses - industry study, market share research of top players, and company descriptions, which together comprise and examine basic views on the competitive landscape, high-growth areas and territories, and their specific regulatory policies, drivers, industry restraints, and possibilities.

The MRO software market in aviation report offers business insights on these pointers:

• business entry: Info concerning the competitive landscape of the MRO software market in aviation

• Market Sizing: Market value in 2016 and projection of the market between 2017 and 2022

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the MRO software market in aviation

• Market Overview: Market forces and subsequent study of associated trends, drivers, market restraints, and alternatives in the MRO software market in aviation

• Market Development: Highlighted information about lucrative sectors in several areas

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the MRO software market in aviation

• Regional Review: Factors influencing the increase of the MRO software market in aviation of North America, Europe (EU), Asia area, and Rest of the globe

• opposing assessment: Detailed assessment of strategies, products, and manufacturing capabilities of leading market actors

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