Digital MRO - Global Market Outlook (2018-2027)

Digital MRO - Global Market Outlook (2018-2027)

According to Stratistics MRC, the Global Digital Maintenance, Repair, and Overhaul (MRO) Market is accounted for $0.86 billion in 2018 and is expected to reach $3.39 billion by 2027 growing at a CAGR of 16.5% during the forecast period. Factors such as growing adoption of Software-As-A-Service (SaaS), implementation of AR/VR in the aerospace industry and rising need for replacing legacy aviation management information systems are fuelling the market growth. However, the high cost of acquisition of an integrated MRO software suite is hampering the market.

Digital Maintenance, Repair, and Overhaul (MRO) include digitalization of MROs. It includes cloud or system-based software used to coordinate, monitor, and improve all processes related to aircraft maintenance, repair, and overhaul. Digital MRO software comprises various functions that include aircraft handling, safety & security services, workforce management, sales & marketing, and hangar operations, which are enhanced with the use of analytics.

Amongst technology, the predictive maintenance segment is projected to have significant growth during the forecast period. Increasing adoption of digital solutions such as digital twin and advanced analytical software for predicting failure by tier-one MROs and airlines is expected to drive the market for predictive maintenance. This will decrease the aircraft downtime and inventory sourcing time for MROs.

By Geography, North America is likely to have a huge demand due to increasing aircraft deliveries in the region. Many large and medium MROs and airlines are present in this region. Also, the increase in the MRO services and digital transformation of MROs is expected to drive the demand for digital MRO in the region.

Some of the key players in global Digital Maintenance, Repair, and Overhaul (MRO) market are Capgemini, International Business Machines (IBM), Ansys, Lufthansa Technik, Hexaware, IFS, Boeing, SAP SE, Traxxall, General Electric (GE), Ramco Systems, Honeywell, Winair, Swiss Aviation software, and Rusada.

Technologies Covered:
• Augmented Reality / Virtual Reality (AR/VR)
• Blockchain
• Digital Twin
• Predictive Maintenance
• Robotics
• 3D Printing
• Artificial Intelligence
• Big Data Analytics
• Internet of Things (IoT)
• Other Technologies

Types Covered:
• Monolingual
• Multilingualism
• Aluminium Tapping Screw
• Aluminium Nuts
• Aluminium Washers
• Aluminum Countersunk Screws
• Aluminum Screws
• Aluminium Bolts

Applications Covered:
• Part Replacement
• Predictive Analysis
• Smartphone
• Inspection
• Mobility & Functionality
• Performance Monitoring
• Computer

End Users Covered:
• Original Equipment Manufacturers (OEMs)
• Airlines
• Maintenance, Repair, and Overhaul (MROs)
• Industrial
• Electronics

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
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 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- 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
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance


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 Futuristic Market Scenario
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 Digital Maintenance, Repair, and Overhaul (MRO) Market, By Technology
5.1 Introduction
5.2 Augmented Reality / Virtual Reality (AR/VR)
5.3 Blockchain
5.4 Digital Twin
5.5 Predictive Maintenance
5.6 Robotics
5.6.1 Robots
5.6.2 Drones
5.7 3D Printing
5.8 Artificial Intelligence
5.9 Big Data Analytics
5.10 Internet of Things (IoT)
5.11 Other Technologies
6 Global Digital Maintenance, Repair, and Overhaul (MRO) Market, By Type
6.1 Introduction
6.2 Monolingual
6.3 Multilingualism
6.4 Aluminium Tapping Screw
6.5 Aluminium Nuts
6.6 Aluminium Washers
6.7 Aluminium Countersunk Screws
6.8 Aluminium Screws
6.9 Aluminium Bolts
7 Global Digital Maintenance, Repair, and Overhaul (MRO) Market, By Application
7.1 Introduction
7.2 Part Replacement
7.3 Predictive Analysis
7.4 Smartphone
7.5 Inspection
7.6 Mobility & Functionality
7.7 Performance Monitoring
7.8 Computer
8 Global Digital Maintenance, Repair, and Overhaul (MRO) Market, By End User
8.1 Introduction
8.2 Original Equipment Manufacturers (OEMs)
8.2.1 Engine OEMs
8.2.2 Aircraft OEMs
8.3 Airlines
8.3.1 Medium Airlines
8.3.2 Small Airlines
8.3.3 Large Airlines
8.4 Maintenance, Repair, and Overhaul (MROs)
8.4.1 Large MROs
8.4.2 Small MROs
8.4.3 Medium MROs
8.5 Industrial
8.6 Electronics
9 Global Digital Maintenance, Repair, and Overhaul (MRO) Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Capgemini
11.2 International Business Machines (IBM)
11.3 Ansys
11.4 Lufthansa Technik
11.5 Hexaware
11.6 IFS
11.7 Boeing
11.8 SAP SE
11.9 Traxxall
11.10 General Electric (GE)
11.11 Ramco Systems
11.12 Honeywell
11.13 Winair
11.14 Swiss Aviationsoftware
11.15 Rusada
List of Tables
Table 1 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Region (2017-2027) ($MN)
Table 2 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Technology (2017-2027) ($MN)
Table 3 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Augmented Reality / Virtual Reality (AR/VR) (2017-2027) ($MN)
Table 4 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Blockchain (2017-2027) ($MN)
Table 5 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Digital Twin (2017-2027) ($MN)
Table 6 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Predictive Maintenance (2017-2027) ($MN)
Table 7 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Robotics (2017-2027) ($MN)
Table 8 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Robots (2017-2027) ($MN)
Table 9 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Drones (2017-2027) ($MN)
Table 10 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By 3D Printing (2017-2027) ($MN)
Table 11 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Artificial Intelligence (2017-2027) ($MN)
Table 12 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Big Data Analytics (2017-2027) ($MN)
Table 13 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Internet of Things (IOT) (2017-2027) ($MN)
Table 14 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Other Technologies (2017-2027) ($MN)
Table 15 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Type (2017-2027) ($MN)
Table 16 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Monolingual (2017-2027) ($MN)
Table 17 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Multilingualism (2017-2027) ($MN)
Table 18 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Aluminium Tapping Screw (2017-2027) ($MN)
Table 19 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Aluminium Nuts (2017-2027) ($MN)
Table 20 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Aluminium Washers (2017-2027) ($MN)
Table 21 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Aluminium Countersunk Screws (2017-2027) ($MN)
Table 22 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Aluminium Screws (2017-2027) ($MN)
Table 23 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Aluminium Bolts (2017-2027) ($MN)
Table 24 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Application (2017-2027) ($MN)
Table 25 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Part Replacement (2017-2027) ($MN)
Table 26 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Predictive Analysis (2017-2027) ($MN)
Table 27 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Smartphone (2017-2027) ($MN)
Table 28 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Inspection (2017-2027) ($MN)
Table 29 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Mobility & Functionality (2017-2027) ($MN)
Table 30 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Performance Monitoring (2017-2027) ($MN)
Table 31 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Computer (2017-2027) ($MN)
Table 32 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By End User (2017-2027) ($MN)
Table 33 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Original Equipment Manufacturers (OEMs) (2017-2027) ($MN)
Table 34 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Engine OEMs (2017-2027) ($MN)
Table 35 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Aircraft OEMs (2017-2027) ($MN)
Table 36 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Airlines (2017-2027) ($MN)
Table 37 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Medium Airlines (2017-2027) ($MN)
Table 38 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Small Airlines (2017-2027) ($MN)
Table 39 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Large Airlines (2017-2027) ($MN)
Table 40 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Maintenance, Repair, and Overhaul (MROs) (2017-2027) ($MN)
Table 41 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Large MROs (2017-2027) ($MN)
Table 42 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Small MROs (2017-2027) ($MN)
Table 43 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Medium MROs (2017-2027) ($MN)
Table 44 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Industrial (2017-2027) ($MN)
Table 45 Global Digital Maintenance, Repair, and Overhaul (MRO) Market Outlook, By Electronics (2017-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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