Digital MRO Market Study by Growth Opportunity and Regional Forecast Analysis by 2026 - PowerPoint PPT Presentation

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Digital MRO Market Study by Growth Opportunity and Regional Forecast Analysis by 2026

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Title: Digital MRO Market Study by Growth Opportunity and Regional Forecast Analysis by 2026


1
Digital MRO Market Global Industry Forecast
Analysis over 2020- 2026
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2
  • Digital MRO Market Scenario
  • 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.
  • 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.
  • For instance, in March 2019, 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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Rights Reserved
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3
Continue-
  • Information Technology (IT) companies in the
    aviation sector aim to collaborate with major
    industry players to achieve technological
    advancements and cloud integration with the
    aviation MRO segment, supporting the market
    growth.
  • For instance, in November 2019, GE Aviation
    integrated its systems with Microsofts
    cloud-based Azure platform. The integration will
    allow GR aviation to gain access to the
    blockchain technology to track monitor the life
    of each part.
  • 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.

Get sample copy of this research report _at_
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4565
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Rights Reserved
www.gminsights.com
4
  • Regional Analysis
  • 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.
  • Competitive Analysis
  • Major industry players in the market are Ansys,
    Boeing, Capgemini, General Electric (GE),
    Hexaware, Honeywell, IFS, International Business
    Machines (IBM), Lufthansa Technik, Ramco Systems,
    Rusada, SAP, Swiss Aviationsoftware, Traxxall,
    Winair, and LT.

Request for a Customization of this research
report https//www.gminsights.com/roc/4565
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5
Latest Research Report on Digital MRO Market _at_
https//www.gminsights.com/industry-analysis/digi
tal-mro-market Request for a sample of this
research report _at_ https//www.gminsights.com/requ
est-sample/detail/4565 Request for
customization https//www.gminsights.com/roc/456
5
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6
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Thank You!
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Rights Reserved
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www.gminsights.com
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