Aviation MRO Software Market Worldwide Analysis | Size, Share and Forecast to 2025

Research Reports

Jan 19, 2021

Market Analysis

Global Aviation MRO Software Market is projected to be valued at USD 5,710 Million by 2025, expanding at a CAGR of 3.72% between 2019 and 2025. Growth in the air passenger traffic has significantly contributed to the growth of the aviation MRO software market. High competition owing to the presence of a large number of players in this market is forcing manufacturers to continuously focus on product innovation and development. Furthermore, airline operators are also launching MRO solutions to streamline operations and offer enhanced services to customers. For example, In March 2019, Malaysia Airlines launched AMOS, an MRO software solution designed for the airline’s engineering department.

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Key Players

Boeing (US), IBM (US), HCL Technologies (India), SAP SE (Germany), Ramco Systems (India), Oracle (US), IFS (Industrial and Financial Systems) (Sweden), TRAX (Singapore), Infor (US), Swiss AviationSoftware Ltd. (Switzerland)

Growth Opportunities in the Market

Cloud-based Aviation MRO Software Market to remain a popular choice: Cloud-based aviation MRO software is the most preferred choice by airline operators and OEMs owing to enhanced flexibility offered by the solution. Furthermore, cloud-based deployment enables customers to customize the solution based on the needs and also reduces cost as the solution is based on the pay-as-you-go model. Hence, the segment is expected to witness higher growth during the forecast period.

Commercial segment expected to remain the dominating segment: The commercial segment dominates the market in 2018 and is expected to witness higher growth during the review period. Increasing the number of commercial aircraft being manufactured to cater to the rising air passenger traffic is driving the segment growth.

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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