Global Digital MRO Market: Factors Helping to Maintain Strong Position Globally 2020-2026

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Global Digital MRO Market Things to Focus on to
Ensure Long-term Success 2020-2026
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Industry Overview

• Accordingly, to Global Market Insights research
  report Digital MRO Market size is anticipated to
  grow immensely from 2020 to 2026 propelled by
  proliferation of the aviation industry along with
  technological developments. The aviation industry
  is competitive, and a high level of accuracy
  spontaneity is required to protect the existing
  market share.
• Technological advancements and integration of
  Artificial Intelligence (AI) and the Internet of
  Things (IoT) with the existing operations
  accelerate the processes and significantly reduce
  the operational costs and time taken. More output
  within a limited timeframe is the need of the
  hour in the aviation industry. Major industry
  players operating in the MRO market are
  initiating joint ventures and collaborations with
  several universities and research organizations
  to develop integrate digital MRO Market.
• The German aerospace research center, DLR
  inaugurated a researched center at the ZAL
  aerospace research facility. The research
  facility will be dedicated to the development of
  future aircraft maintenance processes. It
  received a grant of USD 1.1 million from the
  regional government under the project name
  Application Centre Maintenance, Repair and
  Overhaul 4.0. The ZAL facility is a joint
  collaboration of Lufthansa Technik, Airbus, DLR,
  City of Hamburg, and several local universities.

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• The predictive maintenance segment by operations
  will demonstrate significant market growth in the
  market. The growth can be attributed to easy
  adoption of predictive maintenance tools into
  various indigenous and non-indigenous operating
  systems. Various industry participants and IT
  industries are integrating predictive maintenance
  tools with their overall software suite/offering,
  positively catering to the segment.
• North America will dominate the digital MRO
  market due to presence of major industry
  participants in the aviation MRO industry and IT
  industry. Developed economies with high aircraft
  passenger traffic are demanding technological
  advancements to cater to the rising fleet size.
• Digital MRO allows industry players to improve
  customer services by reducing maintenance time
  and eliminate expected delays. The rise in global
  inflight passenger and requirement for more
  aircraft with minimal downtime for maintenance
  will drive the digital MRO market. For instance,
  in 2018, global air traffic was estimated to be
  8.8 billion, showing a 6.4 growth compared to
  the previous year.

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Market research reports Key analytical components
 
       
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• Company Profiles
• 1. Ansys
• 2. Boeing
• 3. Capgemini
• 4. General Electric (GE)
• 5. Hexaware
• 6. Honeywell
• 7. IFS
• 8. International Business Machines (IBM)
• 9. Lufthansa Technik
• 10. Ramco Systems
• 11. Rusada
• 12. SAP
• 13. Swiss Aviation Software
• 14. Traxxall
• 15. Winair
• 16. LT
• 17. Microsoft

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