What is the Future Scope of Digital MRO Market amidst COVID-19? - PowerPoint PPT Presentation

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What is the Future Scope of Digital MRO Market amidst COVID-19?

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The Digital MRO market 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. – PowerPoint PPT presentation

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Title: What is the Future Scope of Digital MRO Market amidst COVID-19?


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  • 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

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their 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
sampleNew.asp?id165029525 About
MarketsandMarkets MarketsandMarkets provides
quantified B2B research on 30,000 high growth
niche opportunities/threats which will impact 70
to 80 of worldwide companies revenues.
Currently servicing 7500 customers worldwide
including 80 of global Fortune 1000 companies
as clients. Almost 75,000 top officers across
eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche
markets. Contact Mr. Sanjay Gupta
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441 Email
Newsletter_at_marketsandmarkets.com
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