Global Aviation Programming Software Market 2023-2030

Global Aviation Programming Software Market 2023-2030

Global Aviation Programming Software Market Size, Share & Trends Analysis Report by Type (Management Software, Analysis Software, Design Software, Simulation Software, and MRO Software), by Application (Airports, and Airlines), and by Deployment (Cloud-Based, and On-Premises), Forecast Period (2023-2030)

The global aviation programming software market is anticipated to grow at a CAGR of 13.4% during the forecast period (2023–2030). The market’s growth is attributed to the growing demand for data algorithms and integration of artificial intelligence (AI) around the globe. Data analytics and AI capabilities in aviation programming software offer useful insights into maintenance, preservation, and consumer behavior. Effective decision-making and cost optimization may increase due to such revelations. Consequently, the major market players are introducing new products to cater to the rising demand for fleet management software. For instance, in November 2021, MTU Aero Engines and MTU Maintenance launched their Cortex engine fleet management software. The programme creates engine planning scenarios, including workscopes down to the modular level, during the engine's lifetime by combining MTU's engine technical data with algorithms and artificial intelligence. The software is used by the engine specialists at the MRO provider to examine scenarios and assist customers in choosing the most effective course of action for their fleet.

Segmental Outlook

The global aviation programming software market is segmented on the type, application, and deployment. Based on the type, the market is sub-segmented into management software, analysis software, design software, simulation software, and MRO software. Based on the application, the market is bifurcated into airports, and airlines. Further, on the basis of deployment, the market divided into cloud-based, and on-premises. Among the application, the airlines sub-segment is anticipated to hold a considerable share of the market owing to the rising utilization of aviation programming software for fleet management.

The Cloud-based Sub-Segment is Anticipated to Hold a Considerable Share of the Global Aviation Programming Software Market

Among the deployments, the cloud-based sub-segment is expected to hold a considerable share of the global aviation programming software market. The segmental growth is attributed to the growing demand for data-driven decision-making. A significant amount of data is produced by aircraft, systems, and operations of the aviation industry. Airlines and MROs can utilize such data for making an informed decision, proactive maintenance, and operational enhancements owing to a data sharing platform. Owing to such factors, the key market players are focusing on innovating products with an aim to fulfil the unmet requirements of cloud-based data sharing platforms. For instance, in July 2022, EmpowerMX launched a new cloud-based data sharing platform that aims to help airlines and MROs manage operations across up to 40 lines of maintenance more effectively on a global scale.

Regional Outlook

The global aviation programming software market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, Europe is anticipated to hold a prominent share of the market across the globe, owing to the increase in flights, particularly in the UK and Germany among others, for passengers assist airlines to boost revenues while continually reducing operating costs.

The North America Region is Expected to Grow at a Significant CAGR in the Global Aviation Programming Software Market

Among all regions, the North America regions is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to the growing demand for pilot training and simulation. Flight simulators and pilot training programs offer aviation programming tools to deliver effective and realistic teaching experiences. For instance, in May 2023, According to Federal Aviation Administration (FAA), as a result the long-term picture for general aviation is encouraging as growth at the higher end balances out increasing retirements at the conventional low end, that is primarily composed of piston-powered aircraft. The active GA fleet is anticipated to grow by 3.5 percent from 2023 to 2043, assuming a slight decrease from 2021 to 2022. The fleet of turbine aircraft, that includes rotorcraft, is believed to have showed a little growth between 2021 and 2022 rather than a fall between 2019 and 2021. Between 2019 and 2021, the overall piston fleet, which includes single- and multi-engine pistons, light sport aircraft, and piston rotorcraft—declined by 2.0%, and a further 0.7 percent is predicted to have happened in 2022.

Market Players Outlook

The major companies serving the Aviation Programming Software market include Aerosoft Systems, Inc., ATP Group, Aviation InterTec Services, Inc., Boeing, CAMP Systems International, Inc., and others. The market players are considerably contributing to market growth through the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2023, GE Aerospace launched Rotor Analysis Diagnostic System (RADS), that has begun testing with both military and civilian clients on its latest generation. The RADS-NG (next generation) can minimize pilot time and conserve fuel by enabling operators to complete rotor track and balance operations and diagnostics in shorter flights.

The Report Covers

Market value data analysis of 2022 and forecast to 2030.

Annualized market revenues ($ million) for each market segment.

Country-wise analysis of major geographical regions.

Key companies operating in the global aviation programming software market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

Analysis of market-entry and market expansion strategies.

Competitive strategies by identifying ‘who-stands-where’ in the market.