Digital MRO Market worth $2.0 billion by 2030 – Exclusive Report by MarketsandMarkets™

The digital MRO market is estimated to be USD 0.9 billion in 2023 and is projected to reach USD 2.0 billion by 2030, at a CAGR of 13.0% during the forecast period according to a new report by MarketsandMarkets™. The increasing adoption of digital technologies by medium and small MROs and airlines is driving the growth of the digital MRO market.

Download PDF Brochure:

Browse in-depth TOC on “Digital MRO Market” 
193 – Tables
48 – Figures
221 – Pages

Digital MRO Market Report Scope:

Report CoverageDetails
Market Revenue in 2023$0.9 billion
Estimated Value by 2030$2.0 billion
Growth RatePoised to grow at a CAGR of 13.0%
Market Size Available for2016–2030
Forecast Period2020–2030
Forecast UnitsValue (USD Billion)
Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments CoveredBy Technology, End User, Application and Region
Geographies CoveredNorth America, Europe, Asia-Pacific, Middle East Rest of the World
Key Market ChallengeIncreasing cybersecurity concerns
Key Market OpportunitiesGrowing demand for 3D-printed parts and robotic inspection
Key Market DriversGrowing adoption of software-as-a-service (SaaS)

Based on application, the predictive maintenance segment is estimated to lead the digital MRO market during the forecast period.

The predictive maintenance segment is projected to grow at the highest CAGR in the digital MRO industry during the forecasted period. The growth of this market is due to the reduced aircraft downtime and MRO costs.  Increased adoption of digital technologies to predict failures by large MROs, OEMs and airlines is expected to drive the predictive maintenance segment of the market.

Based on end-user, the MROs segment is estimated to lead the digital MRO market during the forecast period.

Based on end-user, the MROs segment is projected to grow at the highest CAGR in the digital MRO market during the forecasted period. The growth of this market is attributed to the increased focus on enhancing the IT capabilities by shifting from ERP module to digitization of the entire ecosystem.

Inquiry Before Buying:

Based on region, the Asia Pacific segment is estimated to have the highest CAGR during the forecast period.

The Asia Pacific region is projected to grow at the highest CAGR during the forecast period. Increased adopting digital technologies to optimize maintenance processes and reduce maintenance costs by airlines is driving the growth of this market. Increasing demand for MRO services in the manufacturing and aviation sectors is driving the digital MRO market growth.

Major players operating in the digital MRO companies are IBM (US), SAP (Germany), Ramco Systems (India), Swiss Aviation Software Inc. (Switzerland), Lufthansa Technik (Germany), and Honeywell International Inc.(US) among others. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, Asia Pacific and Rest of World.

Get 10% Free Customization on this Report: 

Browse Adjacent Market: Aerospace and Defence Market Research Reports &Consulting

Related Reports:

Aircraft Health Monitoring Market by Platform (Civil, Military, & Advanced Air Mobility Aviation), Installation (Onboard, On Ground), Fit (Linefit, Retrofit), End User, Solution, Technology, System, Operation Mode and Region – Global Forecast to 2028

MRO Software Market in Aviation by End User (Operators, OEMs, MROs, Lessors), Solution (Software, Services), Deployment Type (On-premises, Cloud), Function (Maintenance, Operations, Business Management), Pricing Model, and Region (2020-2025)

Aviation Analytics Market by Component (Services, Solutions), Deployment (On-premises, Cloud), Application, End-User (MROs, Airlines, Airports, OEMs), Business Function, Region (North America, Europe, APAC, RoW) – Global Forecast to 2027

Avionics Market by System (Navigation, Payload & Mission Management, Traffic & Collision Management, Communication, Power & Data Management, Weather Detection, Flight Management, Electronic Flight Display), Fit, Platform & Region – Global Forecast to 2027

Connected Aircraft Market by Type (Systems, Solutions), Application (Commercial, Military), Connectivity (Inflight, Air-to-Air, and Air-to-Ground Connectivity), Frequency Band (Ka-Band, Ku-Band, L-Band), and Region (2016-2022)

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on TwitterLinkedIn and Facebook.

Mr. Aashish Mehra

MarketsandMarkets™ INC. 
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Web Site:
Research Insight:
Content Source:


SOURCE MarketsandMarkets

Leave a Reply

Your email address will not be published.