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Global Digital MRO Market by Technology (3D Printing, AR/VR, Artificial Intelligence), Application (Inspection, Mobility & Functionality, Part Replacement), End User - Forecast 2024-2030

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    Report

  • 192 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5206438
UP TO OFF until Dec 31st 2024
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The Digital MRO Market size was estimated at USD 992.34 million in 2023, USD 1,103.39 million in 2024, and is expected to grow at a CAGR of 11.42% to reach USD 2,115.83 million by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Digital MRO Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Digital MRO Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Digital MRO Market, highlighting leading vendors and their innovative profiles. These include Adani Group, AIR France-KLM, Airbus SAS, ANSYS, Inc., Atheer, Inc., AV-BASE Systems, Inc., Capgemini SE, DXC Technology Company, EON Reality, Inc., Fictiv, General Electric Company, HCL Technologies Limited, Hexaware Technologies Ltd., Honeywell International Inc., L&T Technology Services Limited., LexX Technologies Pty. Ltd., Lufthansa Technik AG, Magic Leap, Inc., Nokia Corporation, OptimizeMRO, Oracle Corporation, Ramco Systems Limited, Raytheon Technologies, Rusada Inc., Salesforce, Inc., SAP SE, ST Engineering, Swiss AviationSoftware Ltd., TRAXXALL Technologies Inc., and Wipro Limited.

Market Segmentation & Coverage

This research report categorizes the Digital MRO Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Technology
    • 3D Printing
    • AR/VR
    • Artificial Intelligence
    • Big Data Analytics
    • Blockchain
    • Digital Twin
    • Internet of Things
    • Predictive Maintenance
    • Robotics
  • Application
    • Inspection
    • Mobility & Functionality
    • Part Replacement
    • Performance Monitoring
    • Predictive Analysis
  • End User
    • Airlines
    • Marine & Shipping
    • MRO Service Providers
    • OEMs
    • Railway
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Digital MRO Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Digital MRO Market?
  3. What are the technology trends and regulatory frameworks in the Digital MRO Market?
  4. What is the market share of the leading vendors in the Digital MRO Market?
  5. Which modes and strategic moves are suitable for entering the Digital MRO Market?

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Digital MRO Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing demand for improved efficiency in the maintenance, repair, and overhaul (MRO) process
5.1.1.2. Increasing need for to better control over inventory management and improved accuracy of maintenance reports
5.1.1.3. Significant investments in increasing automation in the aviation industry
5.1.2. Restraints
5.1.2.1. High cost of integrated MRO software
5.1.3. Opportunities
5.1.3.1. Improvements and integration of breakthrough technologies in digital MRO solutions
5.1.3.2. Rising demand for robotic inspection and performance monitoring
5.1.4. Challenges
5.1.4.1. Cybersecurity and data breach concerns
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Digital MRO Market, by Technology
6.1. Introduction
6.2. 3D Printing
6.3. AR/VR
6.4. Artificial Intelligence
6.5. Big Data Analytics
6.6. Blockchain
6.7. Digital Twin
6.8. Internet of Things
6.9. Predictive Maintenance
6.10. Robotics
7. Digital MRO Market, by Application
7.1. Introduction
7.2. Inspection
7.3. Mobility & Functionality
7.4. Part Replacement
7.5. Performance Monitoring
7.6. Predictive Analysis
8. Digital MRO Market, by End User
8.1. Introduction
8.2. Airlines
8.3. Marine & Shipping
8.4. MRO Service Providers
8.5. OEMs
8.6. Railway
9. Americas Digital MRO Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Digital MRO Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Digital MRO Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Adani Group
13.1.2. AIR France-KLM
13.1.3. Airbus SAS
13.1.4. ANSYS, Inc.
13.1.5. Atheer, Inc.
13.1.6. AV-BASE Systems, Inc.
13.1.7. Capgemini SE
13.1.8. DXC Technology Company
13.1.9. EON Reality, Inc.
13.1.10. Fictiv
13.1.11. General Electric Company
13.1.12. HCL Technologies Limited
13.1.13. Hexaware Technologies Ltd.
13.1.14. Honeywell International Inc.
13.1.15. L&T Technology Services Limited.
13.1.16. LexX Technologies Pty. Ltd.
13.1.17. Lufthansa Technik AG
13.1.18. Magic Leap, Inc.
13.1.19. Nokia Corporation
13.1.20. OptimizeMRO
13.1.21. Oracle Corporation
13.1.22. Ramco Systems Limited
13.1.23. Raytheon Technologies
13.1.24. Rusada Inc.
13.1.25. Salesforce, Inc.
13.1.26. SAP SE
13.1.27. ST Engineering
13.1.28. Swiss AviationSoftware Ltd.
13.1.29. TRAXXALL Technologies Inc.
13.1.30. Wipro Limited
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
List of Figures
FIGURE 1. DIGITAL MRO MARKET RESEARCH PROCESS
FIGURE 2. DIGITAL MRO MARKET SIZE, 2023 VS 2030
FIGURE 3. DIGITAL MRO MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. DIGITAL MRO MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. DIGITAL MRO MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. DIGITAL MRO MARKET DYNAMICS
FIGURE 7. DIGITAL MRO MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 8. DIGITAL MRO MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. DIGITAL MRO MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 10. DIGITAL MRO MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. DIGITAL MRO MARKET SIZE, BY END USER, 2023 VS 2030 (%)
FIGURE 12. DIGITAL MRO MARKET SIZE, BY END USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS DIGITAL MRO MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS DIGITAL MRO MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES DIGITAL MRO MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES DIGITAL MRO MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC DIGITAL MRO MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC DIGITAL MRO MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA DIGITAL MRO MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA DIGITAL MRO MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. DIGITAL MRO MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. DIGITAL MRO MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • Adani Group
  • AIR France-KLM
  • Airbus SAS
  • ANSYS, Inc.
  • Atheer, Inc.
  • AV-BASE Systems, Inc.
  • Capgemini SE
  • DXC Technology Company
  • EON Reality, Inc.
  • Fictiv
  • General Electric Company
  • HCL Technologies Limited
  • Hexaware Technologies Ltd.
  • Honeywell International Inc.
  • L&T Technology Services Limited.
  • LexX Technologies Pty. Ltd.
  • Lufthansa Technik AG
  • Magic Leap, Inc.
  • Nokia Corporation
  • OptimizeMRO
  • Oracle Corporation
  • Ramco Systems Limited
  • Raytheon Technologies
  • Rusada Inc.
  • Salesforce, Inc.
  • SAP SE
  • ST Engineering
  • Swiss AviationSoftware Ltd.
  • TRAXXALL Technologies Inc.
  • Wipro Limited

Methodology

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Table Information