Global Aviation Maintenance Software Market Overview:
Aviation Maintenance software allows aircraft owners to manage their fleets, schedule maintenance work and track records. Aviation maintenance software programs the documentation of maintenance logs that are essential to verify compliance with industry regulations. These solutions can also help as a way to manage component ordering and as a source for maintenance manuals. Aviation maintenance solutions often provide features to log pilot and aircraft hours. Aviation maintenance software is associated to equipment maintenance software and maintenance management software.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2022-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Technology Advancement in Aviation Software and Rising Demand for Digital Aviation Maintenance Software
Market Growth Drivers:
Increasing Adoption of Software as a Service (SaaS) and Rising demand for Condition Based Maintenance through Data Shared by Connected Aircraft
Challenges:
Compliance with Stringent Aviation Regulations
Restraints:
Limited Budget for the Adoption of the Integrated MRO Software Suite and Lack of a Common Data Standard
Opportunities:
Rising Demand from Emerging Economics such as India, China and Others and Rising Adoption of Internet of Things (IOT), Artificial Intelligence (AI), Augmented Reality (AR), and Big Data Analytics
Competitive Landscape:
Some of the key players profiled in the report are Aircraft Maintenance Systems Rd Inc. (Canada), Jobscope (United States), FL3XX (Austria), IBS Software (Singapore), Collins Aerospace (United States), Flightdocs, Inc. (United States), ENGRAV Group (India), BytzSoft Technologies (India), Carr Engineering, Inc. (United States), Sofema Aviation Services (Bulgaria), AV-Base Systems Inc. (Canada), Decision Software Systems, Inc. (United States), Lundin Software S.R.L. (Romania) and ASA - Airline Software Applications ApS (Denmark). Analyst at AMA Research see United States Players to retain maximum share of Global Aviation Maintenance Software market by 2028. Considering Market by Deployment Mode, the sub-segment i.e. On-Premises will boost the Aviation Maintenance Software market. Considering Market by End-Use, the sub-segment i.e. Commercial Aircraft will boost the Aviation Maintenance Software market.
43-216 - Software Management During Aircraft Maintenance (Federal Aviation Administration): This advisory circular (AC) provides guidance for developing a software management program and showing compliance with applicable regulations related to continued airworthiness when managing aircraft software during maintenance activities. This AC describes an acceptable means, but not the only means, to comply with Title 14 of the Code of Federal Regulations (14 CFR).
What Can be Explored with the Aviation Maintenance Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Aviation Maintenance Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Aviation Maintenance Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Aviation Maintenance Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Aviation Maintenance Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Aviation Maintenance Software/Solution Providers, Aerospace Industry, Regulatory Bodies, Governmental Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.