MRO Software Market In Aviation Market
PUBLISHED: 2020 ID: SMRC19650
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MRO Software Market In Aviation Market

Maintenance, Repair and Operations (MRO) Software Market in Aviation - Global Market Outlook (2019-2027)

4.4 (56 reviews)
4.4 (56 reviews)
Published: 2020 ID: SMRC19650

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global MRO Software Market in Aviation Market is accounted for $6.70 billion in 2019 and is expected to reach $9.82 billion by 2027 growing at a CAGR of 4.9% during the forecast period. Increasing demand for predictive, prescriptive, and condition-based maintenance through data shared by connected aircraft and demand for a shift from legacy management information system (MIS) to MRO software in aviation are the factors driving the growth of the market. However, the lack of data standards and limited adoption of MRO software are the factors hindering the growth of the market.

MRO Software in Aviation is a complete solution that delivers aircraft component maintenance development, logbook track, work order managing, service bulletins management, and electronic task card management. MRO software offers numerous functions, such as operation management includes training, safety, and quality assurance.

Based on the deployment type, the cloud segment is anticipated to hold considerable market share during the forecast period owing to the increased demand for MRO services and solutions in developing economies such as China, Indonesia, and India and the adoption of a hybrid model by industries, in which cloud software is hosted on a company’s private servers. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the significant rise in new commercial aircraft deliveries in developing countries, increase in passenger traffic, and presence of various major aviation MRO software providers.

Some of the key players profiled in the MRO Software Market in Aviation Market include IFS (Industrial And Financial Systems) AB, Tracware Limited, Swiss Aviationsoftware Ltd., Sopra Steria, SAP SE, Rusada, Ramco Systems Limited, Oracle Corporation, Lufthansa Technik Ag, International Business Machines Corporation (IBM), Aviation Intertec Services, Aerosoft Systems Inc., IBS Software, HCL Technologies Limited, GE Aviation, Fly Online Tools, Flatirons Solutions, Inc., Communications Software Limited, Bytzsoft Technologies Pvt. Ltd., and Boeing.     

Deployment Types Covered:
• Cloud
• On-Premises

Pricing Models Covered:
• Ownership Model
• Subscription Model   

Functions Covered:
• Business Management
• Operations Management
• Electronic Flight Bag & Logbook Management
• Maintenance Management

Solutions Covered:
• Services
• Software

Aircraft Types Covered:
• Wide-Body
• Narrow-Body 

Technologies Covered:
• Prescriptive Maintenance 
• IoT 
• Blockchain 
• Augmented Reality 
• 3D Printing 
• Maintenance-On-The-Go 
• Advanced Analytics 
• Big Data 
• Digital Transformation 
• Artificial Intelligence 

Applications Covered:
• Commercial Air Transport 
• Military Aviation 
• Business & General Aviation   

End Users Covered:
• Original Equipment Manufacturers (OEMs)
• Lessors
• Operators
• Maintenance, Repair, and Overhaul (MROs) 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances.

Table of Contents

1 Executive Summary         
            
2 Preface    
      
 2.1 Abstract         
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology       
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach        
 2.5 Research Sources        
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions       
           
3 Market Trend Analysis        
 3.1 Introduction        
 3.2 Drivers         
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats         
 3.6 Technology Analysis       
 3.7 Application Analysis       
 3.8 End User Analysis        
 3.9 Emerging Markets        
 3.10 Impact of Covid-19        
           
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry        
           
5 Global MRO Software Market in Aviation Market, By Deployment Type    
 5.1 Introduction        
 5.2 Cloud         
 5.3 On-Premises        
           
6 Global MRO Software Market in Aviation Market, By Pricing Model    

 6.1 Introduction        
 6.2 Ownership Model         
 6.3 Subscription Model        
           
7 Global MRO Software Market in Aviation Market, By Function     

 7.1 Introduction        
 7.2 Business Management       
  7.2.1 Sales & Marketing       
  7.2.2 Human Resource       
  7.2.3 Accounts & Finance       
 7.3 Operations Management       
  7.3.1 Supply Chain Management      
  7.3.2 Documentation       
  7.3.3 Training, Safety & Quality Assurance     
  7.3.4 Engineering & CAMO      
  7.3.5 Asset & Inventory Management     
 7.4 Electronic Flight Bag & Logbook Management     
 7.5 Maintenance Management       
  7.5.1 Base Maintenance       
  7.5.2 Fleet Management       
  7.5.3 Line Maintenance       
  7.5.4 Engine Maintenance      
           
8 Global MRO Software Market in Aviation Market, By Solution     

 8.1 Introduction        
 8.2 Services         
  8.2.1 Support, Maintenance & Upgradation     
  8.2.2 Deployment & Integration      
  8.2.3 Consulting       
 8.3 Software         
  8.3.1 Point Solution        
  8.3.2 Enterprise Resource Planning (ERP) Solution    
  8.3.3 Suite        
           
9 Global MRO Software Market in Aviation Market, By Aircraft Type    
 9.1 Introduction        
 9.2 Wide-Body        
 9.3 Narrow-Body        
            
10 Global MRO Software Market in Aviation Market, By Technology    
 10.1 Introduction        
 10.2 Prescriptive Maintenance       
 10.3 IoT         
 10.4 Blockchain        
 10.5 Augmented Reality        
 10.6 3D Printing        
 10.7 Maintenance-On-The-Go       
 10.8 Advanced Analytics        
 10.9 Big Data         
 10.10 Digital Transformation       
 10.11 Artificial Intelligence       
           
11 Global MRO Software Market in Aviation Market, By Application    

 11.1 Introduction        
 11.2 Commercial Air Transport       
 11.3 Military Aviation        
 11.4 Business & General Aviation       
           
12 Global MRO Software Market in Aviation Market, By End User   
 
 12.1 Introduction        
 12.2 Original Equipment Manufacturers (OEMs)         
  12.2.1 Aircraft        
  12.2.2 Engine        
 12.3 Lessors         
  12.3.1 Large Lessors (More Than 400 Aircraft)     
  12.3.2 Small Lessors (Less Than 100 Aircraft)     
  12.3.3 Medium Lessors (100 To 400 Aircraft)     
 12.4 Operators        
  12.4.1 Large Airlines (More Than 400 Aircraft)     
  12.4.2 Medium Airlines (100 To 400 Aircraft)     
  12.4.3 Business Jet Operators      
  12.4.4 Small Airlines (Less Than 100 Aircraft)     
  12.4.5 Helicopter Operators      
 12.5 Maintenance, Repair, and Overhaul (MROs)         
  12.5.1 Large (More Than 500 Employees)     
  12.5.2 Medium (101 To 500 Employees)     
  12.5.3 Small (Less Than 100 Employees)     
           
13 Global MRO Software Market in Aviation Market, By Geography    
 13.1 Introduction        
 13.2 North America        
  13.2.1 US        
  13.2.2 Canada        
  13.2.3 Mexico        
 13.3 Europe         
  13.3.1 Germany        
  13.3.2 UK        
  13.3.3 Italy        
  13.3.4 France        
  13.3.5 Spain        
  13.3.6 Rest of Europe       
 13.4 Asia Pacific        
  13.4.1 Japan        
  13.4.2 China        
  13.4.3 India        
  13.4.4 Australia        
  13.4.5 New Zealand       
  13.4.6 South Korea       
  13.4.7 Rest of Asia Pacific       
 13.5 South America        
  13.5.1 Argentina       
  13.5.2 Brazil        
  13.5.3 Chile        
  13.5.4 Rest of South America      
 13.6 Middle East & Africa       
  13.6.1 Saudi Arabia       
  13.6.2 UAE        
  13.6.3 Qatar        
  13.6.4 South Africa       
  13.6.5 Rest of Middle East & Africa      
           
14 Key Developments         
 14.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 14.2 Acquisitions & Mergers       
 14.3 New Product Launch       
 14.4 Expansions        
 14.5 Other Key Strategies       
           
15 Company Profiling         
 15.1 IFS (Industrial And Financial Systems) AB      
 15.2 Tracware Limited         
 15.3 Swiss Aviationsoftware Ltd.       
 15.4 Sopra Steria        
 15.5 SAP SE         
 15.6 Rusada         
 15.7 Ramco Systems Limited       
 15.8 Oracle Corporation        
 15.9 Lufthansa Technik Ag       
 15.10 International Business Machines Corporation (IBM)     
 15.11 Aviation Intertec Services       
 15.12 Aerosoft Systems Inc.       
 15.13 IBS Software        
 15.14 HCL Technologies Limited       
 15.15 GE Aviation        
 15.16 Fly Online Tools        
 15.17 Flatirons Solutions, Inc.       
 15.18 Communications Software Limited      
 15.19 Bytzsoft Technologies Pvt. Ltd.      
 15.20 Boeing         


List of Tables          
1 Global MRO Software Market in Aviation Market Outlook, By Region (2018-2027) ($MN)  
2 Global MRO Software Market in Aviation Market Outlook, By Deployment Type (2018-2027) ($MN) 
3 Global MRO Software Market in Aviation Market Outlook, By Cloud (2018-2027) ($MN)  
4 Global MRO Software Market in Aviation Market Outlook, By On-Premises (2018-2027) ($MN)  
5 Global MRO Software Market in Aviation Market Outlook, By Pricing Model (2018-2027) ($MN) 
6 Global MRO Software Market in Aviation Market Outlook, By Ownership Model (2018-2027) ($MN) 
7 Global MRO Software Market in Aviation Market Outlook, By Subscription Model (2018-2027) ($MN) 
8 Global MRO Software Market in Aviation Market Outlook, By Function (2018-2027) ($MN)  
9 Global MRO Software Market in Aviation Market Outlook, By Business Management (2018-2027) ($MN) 
10 Global MRO Software Market in Aviation Market Outlook, By Sales & Marketing (2018-2027) ($MN) 
11 Global MRO Software Market in Aviation Market Outlook, By Human Resource (2018-2027) ($MN) 
12 Global MRO Software Market in Aviation Market Outlook, By Accounts & Finance (2018-2027) ($MN) 
13 Global MRO Software Market in Aviation Market Outlook, By Operations Management (2018-2027) ($MN)
14 Global MRO Software Market in Aviation Market Outlook, By Supply Chain Management (2018-2027) ($MN)
15 Global MRO Software Market in Aviation Market Outlook, By Documentation (2018-2027) ($MN) 
16 Global MRO Software Market in Aviation Market Outlook, By Training, Safety & Quality Assurance (2018-2027) ($MN)
17 Global MRO Software Market in Aviation Market Outlook, By Engineering & CAMO (2018-2027) ($MN) 
18 Global MRO Software Market in Aviation Market Outlook, By Asset & Inventory Management (2018-2027) ($MN)
19 Global MRO Software Market in Aviation Market Outlook, By Electronic Flight Bag & Logbook Management (2018-2027) ($MN)
20 Global MRO Software Market in Aviation Market Outlook, By Maintenance Management (2018-2027) ($MN)
21 Global MRO Software Market in Aviation Market Outlook, By Base Maintenance (2018-2027) ($MN) 
22 Global MRO Software Market in Aviation Market Outlook, By Fleet Management (2018-2027) ($MN) 
23 Global MRO Software Market in Aviation Market Outlook, By Line Maintenance (2018-2027) ($MN) 
24 Global MRO Software Market in Aviation Market Outlook, By Engine Maintenance (2018-2027) ($MN)  
25 Global MRO Software Market in Aviation Market Outlook, By Solution (2018-2027) ($MN)  
26 Global MRO Software Market in Aviation Market Outlook, By Services (2018-2027) ($MN)  
27 Global MRO Software Market in Aviation Market Outlook, By Support, Maintenance & Upgradation (2018-2027) ($MN)
28 Global MRO Software Market in Aviation Market Outlook, By Deployment & Integration (2018-2027) ($MN)
29 Global MRO Software Market in Aviation Market Outlook, By Consulting (2018-2027) ($MN)  
30 Global MRO Software Market in Aviation Market Outlook, By Software (2018-2027) ($MN)  
31 Global MRO Software Market in Aviation Market Outlook, By Point Solution (2018-2027) ($MN) 
32 Global MRO Software Market in Aviation Market Outlook, By Enterprise Resource Planning (ERP) Solution (2018-2027) ($MN)
33 Global MRO Software Market in Aviation Market Outlook, By Suite (2018-2027) ($MN)  
34 Global MRO Software Market in Aviation Market Outlook, By Aircraft Type (2018-2027) ($MN)  
35 Global MRO Software Market in Aviation Market Outlook, By Wide-Body (2018-2027) ($MN)  
36 Global MRO Software Market in Aviation Market Outlook, By Narrow-Body (2018-2027) ($MN) 
37 Global MRO Software Market in Aviation Market Outlook, By Technology (2018-2027) ($MN)  
38 Global MRO Software Market in Aviation Market Outlook, By Prescriptive Maintenance (2018-2027) ($MN)
39 Global MRO Software Market in Aviation Market Outlook, By IoT (2018-2027) ($MN)  
40 Global MRO Software Market in Aviation Market Outlook, By Blockchain (2018-2027) ($MN)  
41 Global MRO Software Market in Aviation Market Outlook, By Augmented Reality (2018-2027) ($MN) 
42 Global MRO Software Market in Aviation Market Outlook, By 3D Printing (2018-2027) ($MN)  
43 Global MRO Software Market in Aviation Market Outlook, By Maintenance-On-The-Go (2018-2027) ($MN)
44 Global MRO Software Market in Aviation Market Outlook, By Advanced Analytics (2018-2027) ($MN) 
45 Global MRO Software Market in Aviation Market Outlook, By Big Data (2018-2027) ($MN)  
46 Global MRO Software Market in Aviation Market Outlook, By Digital Transformation (2018-2027) ($MN) 
47 Global MRO Software Market in Aviation Market Outlook, By Artificial Intelligence (2018-2027) ($MN) 
48 Global MRO Software Market in Aviation Market Outlook, By Application (2018-2027) ($MN)  
49 Global MRO Software Market in Aviation Market Outlook, By Commercial Air Transport (2018-2027) ($MN)
50 Global MRO Software Market in Aviation Market Outlook, By Military Aviation (2018-2027) ($MN) 
51 Global MRO Software Market in Aviation Market Outlook, By Business & General Aviation (2018-2027) ($MN)
52 Global MRO Software Market in Aviation Market Outlook, By End User (2018-2027) ($MN)  
53 Global MRO Software Market in Aviation Market Outlook, By Original Equipment Manufacturers (OEMs) (2018-2027) ($MN)
54 Global MRO Software Market in Aviation Market Outlook, By Aircraft (2018-2027) ($MN)  
55 Global MRO Software Market in Aviation Market Outlook, By Engine (2018-2027) ($MN)  
56 Global MRO Software Market in Aviation Market Outlook, By Lessors (2018-2027) ($MN)  
57 Global MRO Software Market in Aviation Market Outlook, By Large Lessors (More Than 400 Aircraft) (2018-2027) ($MN)
58 Global MRO Software Market in Aviation Market Outlook, By Small Lessors (Less Than 100 Aircraft) (2018-2027) ($MN)
59 Global MRO Software Market in Aviation Market Outlook, By Medium Lessors (100 To 400 Aircraft) (2018-2027) ($MN)
60 Global MRO Software Market in Aviation Market Outlook, By Operators (2018-2027) ($MN)  
61 Global MRO Software Market in Aviation Market Outlook, By Large Airlines (More Than 400 Aircraft) (2018-2027) ($MN)
62 Global MRO Software Market in Aviation Market Outlook, By Medium Airlines (100 To 400 Aircraft) (2018-2027) ($MN)
63 Global MRO Software Market in Aviation Market Outlook, By Business Jet Operators (2018-2027) ($MN) 
64 Global MRO Software Market in Aviation Market Outlook, By Small Airlines (Less Than 100 Aircraft) (2018-2027) ($MN)
65 Global MRO Software Market in Aviation Market Outlook, By Helicopter Operators (2018-2027) ($MN) 
66 Global MRO Software Market in Aviation Market Outlook, By Maintenance, Repair, and Overhaul (MROs) (2018-2027) ($MN)
67 Global MRO Software Market in Aviation Market Outlook, By Large (More Than 500 Employees) (2018-2027) ($MN)
68 Global MRO Software Market in Aviation Market Outlook, By Medium (101 To 500 Employees) (2018-2027) ($MN)
69 Global MRO Software Market in Aviation Market Outlook, By Small (Less Than 100 Employees) (2018-2027) ($MN)
           
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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