PUBLISHER: The Business Research Company | PRODUCT CODE: 1666420
PUBLISHER: The Business Research Company | PRODUCT CODE: 1666420
Aviation MRO software encompasses specialized programs tailored to oversee and optimize the maintenance and repair operations of airplanes and other aviation equipment. These software systems play a critical role in ensuring the efficient and secure management of aircraft fleets by facilitating order management, inventory control, scheduling, shipping, and various essential services.
The primary functions of aviation MRO software include maintenance management, operation management, and business management. Maintenance management involves the upkeep of a company's assets and resources while effectively managing costs and time. Specifically designed for aircraft maintenance, the software tracks and streamlines maintenance, repair, and overhaul operations. It handles crucial tasks such as inventory monitoring and aids in both essential and preventative maintenance and repairs. These solutions encompass enterprise resource planning (ERP) solutions as well as point solutions, which can be deployed either on-premises or through cloud-based systems. Aviation MRO software finds application in both commercial and military sectors within the aviation industry.
The aviation MRO software market research report is one of a series of new reports from The Business Research Company that provides aviation MRO software market statistics, including aviation MRO software industry global market size, regional shares, competitors with an aviation MRO software market share, detailed aviation MRO software market segments, market trends, and opportunities, and any further data you may need to thrive in the aviation MRO software industry. This aviation MRO software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The aviation MRO software market size has grown strongly in recent years. It will grow from$6.86 billion in 2024 to $7.2 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to improved user interface and experience, focus on remote maintenance, automation of inventory management, advancements in data analytics, and regulatory compliance enhancements
The aviation MRO software market size is expected to see steady growth in the next few years. It will grow to $8.73 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to the expansion of IoT and sensor integration, the continued shift towards cloud-based solutions, advancements in mobile applications, and the embrace of advanced data analytics. Major trends in the forecast period include integration with ERP systems, remote maintenance solutions, AI-powered inventory management, regulatory compliance tools, data analytics, and reporting.
The surge in air passenger traffic is set to drive the aviation MRO (Maintenance, Repair, and Overhaul) software market forward. This uptick in passenger air travel, gauged by various metrics such as airline passengers, flight operations, and industry revenue, necessitates heightened security measures for passengers. Aviation MRO software streamlines maintenance processes, enhances passenger safety, and ensures regulatory compliance. Notably, in February 2023, the International Air Transport Association (IATA) reported a 55.5% increase in total traffic compared to February 2022, with North American airlines registering a substantial 130.2% yearly traffic surge in 2022 over 2021. This surge in passenger air traffic significantly propels the demand for aviation MRO software.
The burgeoning number of aircraft deliveries is poised to fuel the growth of the aviation MRO software market. Aircraft delivery, the final phase of aircraft manufacturing, sees completed aircraft handed over to customers. In this scenario, aviation MRO software plays a critical role in maintaining new aircraft by facilitating data-driven maintenance decisions. This includes optimizing inventory, determining preventive maintenance schedules, and managing technical data. Notably, The Boeing Company projected around 42,595 new commercial aircraft worth $8 trillion to be delivered globally by 2042, affirming the substantial impetus on the aviation MRO software market from escalating aircraft deliveries.
Leading companies in the aviation software market are concentrating on creating advanced technological solutions, such as predictive aviation management systems, to enhance operational efficiency, minimize downtime, and increase flight safety. These predictive aviation management systems utilize AI and machine learning to optimize workflows and enhance compliance. For example, in October 2024, Ramco Systems Ltd., a software provider based in India, introduced version 6.0 of its Aviation Software, representing the next generation of aviation management solutions. This update includes a sophisticated engine maintenance, repair, and overhaul (MRO) management system along with real-time material requirements planning. Additionally, it offers improved biometric compliance features.
Major players in the aviation MRO software market prioritize developing innovative products, including AI-based modules, to gain a competitive edge. These modules, utilizing artificial intelligence, perform specific functions or tasks. For instance, EmpowerMX introduced EMX Vision in October 2023, an AI-powered module revolutionizing Maintenance, Repair, and Overhaul (MRO) planning and execution. EMX Vision leverages internal and external data to predict maintenance needs and durations accurately. This enables MROs to optimize resource allocation, scheduling, and streamlines processes related to planning, procurement, and storage of essential materials.
In March 2023, AAR CORP, a U.S.-based aviation services firm, acquired Trax USA Corp. for an undisclosed sum. This acquisition is intended to bolster AAR's capabilities in aircraft maintenance, repair, and operations (MRO) by integrating advanced fleet management software, thereby enhancing efficiency and facilitating data-driven decision-making in aviation operations. Trax USA Corp. is a provider of aircraft MRO and fleet management software based in the United States.
Major companies operating in the aviation MRO software market include International Business Machines Corporation (IBM), Flatirons Solutions Inc., Rusada Aviation Software, Sopra Steria, Aviation InterTec Services, General Electric Company, Bytzsoft Technologies Pvt. Ltd., Aerosoft Systems Inc., Lufthansa Technik AG, Tracware Limited, IFS AB, Oracle Corporation, Swiss Aviation Software, The Boeing Company, Ramco Systems, HCL Technologies Limited, AerData BV, IBS Software Private Limited, SAP SE, Communications Software (Airline Systems) Limited, ATP Inc., CAMP Systems International Inc., AMOS Group AG, Infor Global Solutions, Dassault Systemes SE, PTC Inc., Siemens AG, Honeywell International Inc., Thales Group, L3Harris Technologies
North America was the largest region in the aviation MRO software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global aviation MRO software market report during the forecast period. The regions covered in the aviation mro software market report is Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the aviation mro software market report is Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The aviation MRO software consists of revenues earned by entities by providing planning, maintenance records and documentation. The market value includes the value of related goods sold by the service provider or included within the service offering. The aviation MRO software market also includes sales of diagnostic and testing equipment, inspection equipment and material handling equipment maintenance, which are used for providing aviation MRO related services. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Aviation MRO Software Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on aviation mro software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for aviation mro software ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The aviation mro software market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.