Market Share of Aviation Maintenance Repair and Overhaul (MRO) Software Industry
The market is moderately fragmented, with the presence of several players holding significant shares in the market. Rusada, Ramco Systems Ltd, IBM Corporation, HCL Technologies Ltd, and AerData BV are the leading market players.
Increasing spending on research and development and the introduction of advanced aircraft MRO software with next-generation technologies from key players is expected to drive the market growth. MRO companies are expanding their operations in various regions. As part of the expansion, some of them are collaborating with local MRO service providers. For instance, in November 2022, Sanad Aerotech signed an MoU with Indonesia's largest aircraft maintenance company GMF, to jointly establish a new state-of-the-art MRO center of excellence for aircraft engines in Indonesia.
Aviation MRO Software Market Leaders
Ramco Systems Ltd
IBM Corporation
Rusada
AerData BV
HCL Technologies Ltd
*Disclaimer: Major Players sorted in no particular order
