Emerging Technologies That Will Change the MRO Industry

The Maintenance, Repair, and Operations (MRO) industry has moved relatively slow compared to the other digital transformation arenas. While technology has been embraced to detect damaged parts better or optimize repair processes, maintenance is still human and dependent on touch maintenance. The MRO industry is still roughly a decade behind sectors like the pharmaceutical industry and medical devices regarding technology adoption.

According to the Global newswire report, The MRO market is projected to grow to USD 4.7 billion by 2030, at a CAGR of 14.6%. The increasing digitalization of MRO to increase efficiency and reduce aircraft downtime is the key factor expected to fuel the digital MRO market's growth. However, limited budgets that restrain the adoption of MRO hurdle the development of this market.

What's become apparent today is the fusion of new technologies (like AR, VR, AI, machine learning). It is essential for technology leaders in the industry to use different technologies in more innovative ways. In this video, we cover a few of these technologies that will change the face and fate of the MRO industry.

Read more about each of them in detail here.

https://www.coppermobile.com/b....log/emerging-trends-

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