Global Digital MRO Market by Technology (Predictive Maintenance, AR/VR, 3D Printing, Blockchain, Artificial Intelligence, Robotics, Big Data Analytics, Digital Twin, IOT), End-User (MROs, Airlines, OEMs), Application (Inspection, Performance Monitoring, Predictive Analysis, Part Replacement, Mobility & Functionality), Regional Forecasts 2021-2027
- BIZ4617982
- 200 Pages
- August 2021
- Aerospace & Defense
Global Digital MRO Market is valued approximately at USD 0.60 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 11.6% over the forecast period 2021-2027. Maintenance, repair, and overhaul (MRO) operations will soon be fully digitalized in civil aviation across the world. This is the driving force behind the digital MRO market. OEMs and MRO companies have a plethora of technologies at their disposal, which they have been using to improve maintenance planning and execution capabilities and asset availability at multiple tiers. Digital MRO solutions now include a wide range of augmented reality and virtual reality technologies, additive manufacturing, big data analytics, and artificial intelligence. In the digital MRO market, a variety of MRO services are gaining momentum to minimize turnaround time and significantly increase overall operational efficiency in aviation. The market is driven by growing adoption of software-as-a-service (SaaS) and rising need for replacing legacy aviation management information systems. For instance, as per Statista, in 2020, the worldwide public cloud software as a service (SaaS) market is expected to reach USD 157 billion, more than double its 2014 size. SaaS is one of the three primary categories of cloud computing, along with platform as a service (PaaS) and infrastructure as a service (IaaS). Furthermore, April 2021 - RS Components (RS) has chosen Orange Business Services as its single end-to-end managed services provider for a major transformation of RS's complete global infrastructure, digitization of its sales processes, and cloud migration of its contact centre operations. These initiatives are an important component of RS's digital transformation, which aims to save costs, improve network capabilities, and integrate new technology. However, lack of a common data standard may impede market growth over the forecast period of 2021-2027. During the forecast period, the digital MRO market in North America is expected to grow at the fastest rate. This increase can be attributed to the region's rising aircraft deliveries. This region is home to a huge number of large and medium MROs as well as airlines. Also expected to drive demand for digital MRO in the region is the growth in MRO services and MRO digital transformation. Major market player included in this report are: Swiss Aviation software Lufthansa Technik General Electric (Ge) Honeywell International Business Machines (IBM) Ramco Systems Hexaware Aero Glass Eon Reality’ Atheer Air The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: By Technology: Predictive Maintenance AR/VR 3D Printing Blockchain Artificial Intelligence Other By Application: Inspection Performance Monitoring Predictive Analysis Part Replacement Mobility & Functionality By End use: OEMs Airlines MROs By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World Furthermore, years considered for the study are as follows: Historical year – 2018, 2019 Base year – 2020 Forecast period – 2021 to 2027. Target Audience of the Global Digital MRO Market in Market Study: Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Digital MRO Market, by Region, 2019-2027 (USD Billion) 1.2.2. Digital MRO Market, by Technology, 2019-2027 (USD Billion) 1.2.3. Digital MRO Market, by Application, 2019-2027 (USD Billion) 1.2.4. Digital MRO Market, by End user, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Digital MRO Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Digital MRO Market Dynamics 3.1. Digital MRO Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 3.1.1.1. Rise in product launches 3.1.1.2. Growing adoption of software-as-a-service (SaaS) 3.1.1.3. Rising need for replacing legacy aviation management information systems 3.1.2. Market Restraint 3.1.2.1. Lack of a common data standard 3.1.2.2. High cost of acquisition of integrated MRO software suite 3.1.3. Market Opportunities 3.1.3.1. Growing demand for 3D-printed parts and robotic inspection 3.1.3.2. Increasing adoption of Internet of Things (IoT) Chapter 4. Global Digital MRO Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Digital MRO Market, by technology 5.1. Market Snapshot 5.2. Global Digital MRO Market by Technology, Performance - Potential Analysis 5.3. Global Digital MRO Market Estimates & Forecasts by technology 2018-2027 (USD Billion) 5.4. Digital MRO Market , Sub Segment Analysis 5.4.1. Predictive Maintenance 5.4.2. AR/VR 5.4.3. 3D Printing 5.4.4. Blockchain 5.4.5. Artificial Intelligence 5.4.6. Other Chapter 6. Global Digital MRO Market, by End user 6.1. Market Snapshot 6.2. Global Digital MRO Market by End User, Performance - Potential Analysis 6.3. Global Digital MRO Market Estimates & Forecasts by End User 2018-2027 (USD Billion) 6.4. Digital MRO Market , Sub Segment Analysis 6.4.1. OEMs 6.4.2. Airlines 6.4.3. MROs Chapter 7. Global Digital MRO Market, by Application 7.1. Market Snapshot 7.2. Global Digital MRO Market by Application, Performance - Potential Analysis 7.3. Global Digital MRO Market Estimates & Forecasts by Application 2018-2027 (USD Billion) 7.4. Digital MRO Market , Sub Segment Analysis 7.4.1. Inspection 7.4.2. Performance Monitoring 7.4.3. Predictive Analysis 7.4.4. Part Replacement 7.4.5. Mobility & Functionality Chapter 8. Global Digital MRO Market, Regional Analysis 8.1. Digital MRO Market , Regional Market Snapshot 8.2. North America Digital MRO Market 8.2.1. U.S. Digital MRO Market 8.2.1.1. Technology breakdown estimates & forecasts, 2018-2027 8.2.1.2. End user breakdown estimates & forecasts, 2018-2027 8.2.1.3. Application breakdown estimates & forecasts, 2018-2027 8.2.2. Canada Digital MRO Market 8.3. Europe Digital MRO Market Snapshot 8.3.1. U.K. Digital MRO Market 8.3.2. Germany Digital MRO Market 8.3.3. France Digital MRO Market 8.3.4. Spain Digital MRO Market 8.3.5. Italy Digital MRO Market 8.3.6. Rest of Europe Digital MRO Market 8.4. Asia-Pacific Digital MRO Market Snapshot 8.4.1. China Digital MRO Market 8.4.2. India Digital MRO Market 8.4.3. Japan Digital MRO Market 8.4.4. Australia Digital MRO Market 8.4.5. South Korea Digital MRO Market 8.4.6. Rest of Asia Pacific Digital MRO Market 8.5. Latin America Digital MRO Market Snapshot 8.5.1. Brazil Digital MRO Market 8.5.2. Mexico Digital MRO Market 8.6. Rest of The World Digital MRO Market Chapter 9. Competitive Intelligence 9.1. Top Market Strategies 9.2. Company Profiles 9.2.1. Swiss Aviation software 9.2.1.1. Key Information 9.2.1.2. Overview 9.2.1.3. Financial (Subject to Data Availability) 9.2.1.4. Product Summary 9.2.1.5. Recent Developments 9.2.2. Lufthansa Technik 9.2.3. General Electric (Ge) 9.2.4. Honeywell 9.2.5. International Business Machines (IBM) 9.2.6. Ramco Systems 9.2.7. Hexaware 9.2.8. Aero Glass 9.2.9. Eon Reality’ 9.2.10. Atheer Air Chapter 10. Research Process 10.1. Research Process 10.1.1. Data Mining 10.1.2. Analysis 10.1.3. Market Estimation 10.1.4. Validation 10.1.5. Publishing 10.2. Research Attributes 10.3. Research Assumption
List of Tables TABLE 1. Global Digital MRO Market, report scope TABLE 2. Global Digital MRO Market estimates & forecasts by region 2018-2027 (USD Billion) TABLE 3. Global Digital MRO Market estimates & forecasts by Technology 2018-2027 (USD Billion) TABLE 4. Global Digital MRO Market estimates & forecasts by End User 2018-2027 (USD Billion) TABLE 5. Global Digital MRO Market estimates & forecasts by Application 2018-2027 (USD Billion) TABLE 6. Global Digital MRO Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 7. Global Digital MRO Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 8. Global Digital MRO Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 9. Global Digital MRO Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 10. Global Digital MRO Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 11. Global Digital MRO Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 12. Global Digital MRO Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 13. Global Digital MRO Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 14. Global Digital MRO Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 15. Global Digital MRO Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 16. Global Digital MRO Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 17. Global Digital MRO Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 18. Global Digital MRO Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 19. Global Digital MRO Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 20. Global Digital MRO Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 21. Global Digital MRO Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 22. U.S. Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 23. U.S. Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 24. U.S. Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 25. Canada Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 26. Canada Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 27. Canada Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 28. UK Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 29. UK Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 30. UK Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 31. Germany Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 32. Germany Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 33. Germany Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 34. France Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 35. France Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 36. France Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 37. Spain Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 38. Spain Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 39. Spain Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 40. Italy Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 41. Italy Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 42. Italy Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 43. ROE Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 44. ROE Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 45. ROE Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 46. China Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 47. China Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 48. China Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 49. India Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 50. India Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 51. India Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 52. Japan Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 53. Japan Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 54. Japan Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 55. Australia Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 56. Australia Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 57. Australia Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 58. South Korea Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 59. South Korea Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 60. South KoreaDigital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 61. ROPAC Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 62. ROPAC Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 63. ROPAC Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 64. Brazil Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 65. Brazil Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 66. Brazil Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 67. Mexico Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 68. Mexico Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 69. Mexico Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 70. ROLA Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 71. ROLA Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 72. ROLA Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 73. ROW Digital MRO Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 74. ROW Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 75. ROW Digital MRO Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 76. List of secondary sources used in the study of Global Digital MRO Market. TABLE 77. List of primary sources used in the study of Global Digital MRO Market. TABLE 78. Years considered for the study. TABLE 79. Exchange rates considered.
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