Digital MRO Market Size, Share, Key Players Analysis, Trends & Forecast By 2030
Increasing adoption of digital solutions such as digital twin and advanced
analytical software for predicting failure by tier-one MROs and airlines is e
xpected to drive the market for predictive maintenance.
The growth can be attributed to the increasing adoption of advance
d solutions by small and medium airlines and MROs.
Browse 140 market data Tables and 55 Figures spread through 198
Pages and in-depth TOC on "Digital MRO Market - Global Forecast t
The digital MRO market in the North American region is expected to wi
tness substantial growth during the forecast period.
The Digital MRO Market is projected to grow from USD 606 million in
2020 to USD 1,809 million by 2030, at a CAGR of 11.6% from 2020 to 2030.
COVID-19 Impact on the Global Digital MRO Market
The digital MRO market includes major players such as Boeing (US), General
Electric (US), Lufthansa Technik (Germany), SAP (Germany), and IBM (US).
These players have spread their business across various countries includes N
orth America, Europe, Asia Pacific, Middle East, Africa, and South America. C
OVID-19 has impacted their businesses as well. Industry experts believe that
COVID-19 could affect digital MRO services by 30–40% globally in 2020.
The rapid spread of COVID-19 in Europe, the US & Asia Pacific has led to a si
gnificant drop in demand for digital MRO globally, with a corresponding reduct
ion in revenues for various digital MRO service providers across all markets o
wing to late delivery, manufacturing shutdown, and limited availability of equip
ment. As per industry experts, the global digital MRO demand is anticipated to
recover by 2023 fully.
Digital MRO Market Growth Rate
Market Size of
Market Size of
CAGR of 11.6%
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IBM Corporation (US)
• Ramco Systems (India