Aviation MRO Software Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Aviation MRO Software Market The aviation MRO software market size was valued at USD 7.32 billion in 2023, and the market is now projected to grow from USD 7.70 billion in 2024 to USD 11.68 billion by 2032, exhibiting a CAGR of 6.02% during the forecast period of 2024-2032.
The increase in air travel in developing countries, focusing on the maintenance of aircraft due to the rising passenger traffic in the aviation industry has significantly increased the number of air fleets, resulting in the expansion of aviation MRO software market share globally. Airlines are focusing on MRO due to the increased air fleets and air travel.
Additionally, the increased use of technologies including artificial intelligence, augmented reality, machine learning, and IoT has transformed the aviation sector. MRO software with integrated technology can manage data efficiently by reducing supply chain risks and providing remote support.
Comprehensive Analysis of Aviation MRO Software Market
The aviation MRO software market is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the MRO software. These segmentations are methodically segregated by solution, by function of the software, by point of sales, by deployment, and by end-use. The segmentation by solution includes software and services. The market is classified by function including maintenance, operations, business, electronic flight bag, and logbook management. The point of sales segment includes subscription and ownership. The deployment of software can be categorized into on-premise and cloud-based. The end-use segment is airline operators, MROs, and OEMs.
The North America region leads the aviation MRO software market by benefitting a market size of USD 1.92 billion in 2022 due to the presence of leading players in the region.
The top players in the market play a crucial role in the MRO software assuring industrial prospectus growth and setting market standards. These players include, IBS Software Pvt. Ltd. (India), AeroSoft Systems Inc. (Canada), AeroSoft Systems Inc. (Canada), Aviation Intertec Services Inc. (Canada), Communications Software (Airline Systems) Limited (U.K.), HCL Technologies Limited (India), IBM Corporation (U.S.), IFS AB (Sweden), Jet Support Services Inc. (U.S.), Lufthansa Technik AG (Germany), GE Aviation (U.S.), Oracle Corporation (U.S.), Ramco Systems Limited (India), Rusada Group SA (Switzerland), SAP SE (Germany), Swiss AviationSoftware Ltd. (Switzerland), The Boeing Company (U.S.). These market players provide a level-playing competitive landscape.
March 2022: MRO services provider AAR, a US aviation industry, announced a distribution agreement with Collins Aerospace’s Goodrich for heating and de-icing systems. This agreement provides heating systems to other MROs on a global scale.
Segmentation Table
Global Medical Devices Market Scope
Study Period 2019-2032
Base Year 2023
Estimated Year2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 6.02% from 2024-2032
Unit Value (USD Billion)
Segmentation By Solution
Software
-Enterprise Resource Planning (ERP) Solution
-Point Solution
-Suite
Services
-Deployment & Integration
-Consulting
By Function
Maintenance Management
-Line Maintenance
-Base Maintenance
-Engine Maintenance
-Fleet Maintenance
Operations Management
-Training, Safety & Quality Assurance
-Supply Chain Management
-Engineering & Continuing Airworthiness Management Organization (CAMO)
-Others
Business Management
-Accounts & Finance
-Sales & Marketing
-Human Resources
Electronic Flightbag & Logbook Management
By Point of Sale
Subscription
Ownership
By Deployment Type
On-premise
Cloud
By End-use
Airline Operators
MROs
OEMs
North America (By Solution, By Function, By Point of Sale, By Deployment Type, By End-use, By Country )
-The U.S. (By End-use)
-Canada (By End-use)
Europe (By Solution, By Function, By Point of Sale, By Deployment Type, By End-use, By Country )
-The U.K. (By End-use)
-Germany (By End-use)
-France (By End-use)
-Russia (By End-use)
-Rest of Europe (By End-use)
Asia Pacific (By Solution, By Function, By Point of Sale, By Deployment Type, By End-use, By Country )
-China (By End-use)
-India (By End-use)
-Japan (By End-use)
-Singapore (By End-use)
-Rest of Asia-Pacific (By End-use)
Middle East (By Solution, By Function, By Point of Sale, By Deployment Type, By End-use, By Country)
-Saudi Arabia (By End-use)
-UAE (By End-use)
-Qatar (By End-use)
-Rest of the Middle East (By End-use)
Rest of the World (By Solution, By Function, By Point of Sale, By Deployment Type, By End-use, By Country)
-Latin America (By End-use)
Africa (By End-use)