MRO Software Market in Aviation (1)

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According to the new research report "MRO
Software Market in aviation by Solution
(Enterprise Resource Planning (ERP) Solution,
Point Solution), Deployment (Cloud Based,
On Premises), End User (Airlines, MROs, OEMs),
and Region Global Forecast to 2022", The MRO
software market in aviation is estimated at USD
4.08 Billion in 2017 and is projected to reach
USD 4.93 Billion by 2022, at a CAGR of 3.85
from 2017 to 2022. This growth can be
attributed to the increasing use of software by
small and medium airlines and MROs. Browse 107 m
arket data Tables and 32 Figures spread through
164 Pages and in-depth TOC on "MRO Software
Market in aviation Global Forecast to
2022" Early buyers will receive 10 customization
on this report. Download PDF Brochure _at_
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id215684414 The ERP solution segment is
projected to be the largest solution segment of
the aviation maintenance software market Based
on solution, the aviation maintenance software
market has been segmented into ERP and point
solutions, which have been further segmented into
different MRO software modules. The ERP solution
segment is divided into maintenance management,
operation management, and business management,
mainly driven by the increase in the adoption of
integrated ERP software solutions by Tier 1 MROs
and airlines. Increasing demand for
digitalization of MRO services is one of the key
factors driving the maintenance management
modules of the ERP solution segment, which, in
turn, is expected to drive the demand in aviation
maintenance software.
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The cloud based solution deployment of the MRO
software market in aviation is projected to grow
at a higher CAGR as compared to the on premises
solution during the forecast period Based on
deployment, the MRO software market in aviation
has been segmented into on premises and cloud
based solutions. The on premises solution is the
most adopted by Tier 1 and Tier 2 MROs and
airlines in the MRO software market in aviation,
as the number of employees using this software
in Tier 1 and Tier 2 organizations requiring
access to MRO software is high as compared to
Tier 3 MROs and small airlines. The increase in
demand for onsite MRO software by Tier 3 MROs is
one of the key factors projected to drive the
growth of the MRO software in aviation market in
the cloud based solution deployment
segment. Asia Pacific is estimated to be the
largest market for MRO software in aviation in
2017 Asia Pacific is estimated to account for
the largest share of the MRO software market in
aviation in 2017. Countries considered for market
analysis in this region include Singapore,
China, India, and Japan and rest of the countries
in the Asia Pacific region. China is projected
to be the leading market for MRO software in
aviation in the Asia Pacific region during the
forecast period. Increasing deliveries of
commercial aircraft and maintenance and repair
facilities in China are contributing to the high
demand for MRO software in aviation in the Asia
Pacific region. In addition, the presence of key
MROs and airline maintenance facilities in China
is another significant factor influencing the
growth of the MRO software market in aviation in
the Asia Pacific region. Ask for Sample Report _at_
https//www.marketsandmarkets.com/requestsampleNe
w.asp?id215684414 Key Players Key companies
profiled in the aviation maintenance software
market, include AerData (A Boeing subsidiary)
(US), HCL Technologies (India), IBM Corporation
(US), IFS (Sweden), Oracle Corporation (US),
Ramco Systems (India), Rusada (Switzerland), SAP
(Germany), Swiss AviationSoftware (Switzerland),
and Trax (US), among others. These companies are
focusing on the adoption of various growth
strategies to enhance their presence in emerging
economies worldwide. Dont miss out on business
opportunities in MRO Software Market. Speak to
our analyst and gain crucial industry insights
that will help your business grow. About
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