Title: What is the Future Scope of Digital MRO Market amidst COVID-19?
1- We salute industry experts helping companies
survive and sustain in this economic - pandemic they are working day and night to help
companies take rapid- decisions by finding - Covid Impact on Digital MRO Market,
growth/decline in product type/use cases of
Digital MRO Market due to cascaded impact of
Covid 19 on Extended Ecosystem. - How top 50 companies in Digital MRO Market are
making rapid shifts in their strategies as we
speak here. - Outside-in view of top 50 companies
- client and client's clients shifting short-term
priorities. - Speak to Our Analyst to analyse how COVID-19 is
impacting your clients and your - clients clients. (CTA)
- The report "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, Region -
Global Forecast to 2030", is projected to grow
from USD 1.0 billion in 2019 to USD 4.7 billion
by 2030, at a CAGR of 14.6 from 2019 to 2030.
This growth can be attributed to the increasing
adoption of advanced solutions by small and
medium airlines and MROs. - Based on technology, the predictive maintenance
segment is projected to lead the digital MRO
market during the forecast period. - Based on technology, the predictive maintenance
segment is projected to lead the digital MRO
market from 2019 to 2030. 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. - Based on end user, the MROs segment is projected
to lead the digital MRO market from 2019 to
2030. - Based on end user, the MROs segment is projected
to lead the digital MRO market during the
forecast period. Large MROs have been investing
in digital transformation with the help of
technologies such as digital twin, artificial
intelligence, blockchain, etc. Due to the demand
for workflow efficiency and reducing aircraft
downtime, the MROs segment is expected to lead
the market during the forecast period. - The North American region is projected to hold
high growth potential for digital MRO during the
forecast period. - The digital MRO market in the North American
region is expected to witness substantial growth
during the forecast period. Many MROs are opting
for digitalizing
2their services in this region. They are adopting
advanced technologies such as robotics, digital
twin, blockchain, artificial intelligence, etc.,
to optimize complex repair and maintenance
tasks. Key Market Players Major players in the
digital MRO market are IBM Corporation (US), IFS
(Sweden), Ramco Systems (India), Rusada
(Switzerland). SAP (Germany), Swiss
AviationSoftware (Switzerland), Lufthansa Technik
(Germany), General Electric (US), Boeing (US),
and Honeywell International (US). Ask for Sample
Report _at_ https//www.marketsandmarkets.com/request
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