The Business Research Company’s report on the Aviation MRO Software Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the aviation mro software market’s growth in recent years?
The rise in air passenger traffic is expected to propel the growth of the aviation MRO software market going forward. Passenger air traffic refers to an increase in the number of passengers traveling by air over time that can be measured in various ways, including the number of passengers carried by airlines, the number of flights operated, and the revenue generated by the air travel industry. The rise in air passenger traffic requires expanding security measures for passengers. Aviation MRO software streamlines maintenance procedures, improves passenger safety, and optimizes compliance. Hence, the rise in air passenger traffic is expected to drive the demand for the aviation MRO software market. For instance, in February 2023, according to the International Air Transport Association (IATA), a Canada-based association of world airlines, total traffic in February 2023 increased by 55.5% over February 2022 (measured in revenue passenger kilometers, or RPKs). Moreover, North American airlines reported a 130.2% increase in yearly traffic in 2022 over 2021. Therefore, the rise in passenger air traffic is driving the growth of the aviation MRO software market.
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How does the future projection of the aviation mro software market size compare to its historical growth?
The aviation MRO software market size has grown strongly in recent years. It will grow from$6.86 billion in 2024 to $7.2 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to improved user interface and experience, focus on remote maintenance, automation of inventory management, advancements in data analytics, and regulatory compliance enhancements
The aviation MRO software market size is expected to see steady growth in the next few years. It will grow to “$8.73 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to the expansion of IoT and sensor integration, the continued shift towards cloud-based solutions, advancements in mobile applications, and the embrace of advanced data analytics. Major trends in the forecast period include integration with ERP systems, remote maintenance solutions, AI-powered inventory management, regulatory compliance tools, data analytics, and reporting.
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Which key players are shaping the future of the aviation mro software market?
Major companies operating in the aviation MRO software market include International Business Machines Corporation (IBM), Flatirons Solutions Inc., Rusada Aviation Software, Sopra Steria, Aviation InterTec Services, General Electric Company, Bytzsoft Technologies Pvt. Ltd., Aerosoft Systems Inc., Lufthansa Technik AG, Tracware Limited, IFS AB, Oracle Corporation, Swiss Aviation Software, The Boeing Company, Ramco Systems, HCL Technologies Limited, AerData BV, IBS Software Private Limited, SAP SE, Communications Software (Airline Systems) Limited, ATP Inc., CAMP Systems International Inc., AMOS Group AG, Infor Global Solutions, Dassault Systèmes SE, PTC Inc., Siemens AG, Honeywell International Inc., Thales Group, L3Harris Technologies
What trends will propel the growth and evolution of the aviation mro software market?
Major companies operating in the aviation software market are focused on developing technologically advanced solutions, such as predictive aviation management systems, to optimize operational efficiency, reduce downtime, and improve flight safety. Predictive aviation management systems leverage AI and machine learning to optimize workflows and improve compliance. For instance, in October 2024, Ramco Systems Ltd., an India-based software provider, launched version 6.0 of its Aviation Software, the next generation in aviation management solutions. This upgrade incorporates an advanced engine MRO management system and real-time material requirements planning. Additionally, it features enhanced biometric compliance capabilities.
Which regions are expected to become dominant players in the aviation mro software market?
North America was the largest region in the aviation MRO software market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global aviation MRO software market report during the forecast period. The regions covered in the aviation MRO software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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What are the emerging key segments in the aviation mro software market, and how are they evolving?
The aviation MRO software market covered in this report is segmented –
1) By Function: Maintenance Management, Operation Management, Business Management, Other Functions
2) By Solutions: Enterprise Resource Planning (ERP) Solutions, Point Solutions
3) By Deployment Modes: On-premise, Cloud
4) By Applications: Commercial, Military
Subsegments:
1) By Maintenance Management: Aircraft Maintenance Tracking, Maintenance Planning And Scheduling, Compliance Management, Inventory Management
2) By Operation Management: Flight Operations Management, Ground Handling Management, Performance Monitoring, Resource Allocation
3) By Business Management: Financial Management, Supply Chain Management, Human Resource Management, Reporting And Analytics
4) By Other Functions: Quality Assurance, Safety Management, Training Management, Customer Relationship Management (CRM)
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What defines the structure and scope of the aviation mro software market?
Aviation MRO software is a term for specialty software programs designed to manage and streamline the care and repair of airplanes and other aviation equipment. These software systems ensure the effective and secure running of their fleets by providing order management, inventory control, shipping, and scheduling, and other required services.
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