Global Aircraft Health Monitoring Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025. Aircraft health monitoring system (AHMS) includes a comprehensive range of practices, solutions, tools and techniques interconnected closely to a system of hardware and software, which executes remote monitoring of airplane data to understand its current or future performance and serviceability. This system makes use of immense amount of airplane data to deliverenhanced analytical output while optimizing safety for varied aircraft. Implementation of AHMS reduces maintenance & operational costs and advances overall safety of an aircraft.
Some of the major factors driving aircraft health monitoring market areraisingdemand for real-time fault management, high demand for performance monitoring, and increased need for custom alerting & analysis solutions. However, insufficiency of trained professionals is expected to restrain the AHMS market growth during the forecast period. Furthermore, increased application areas for aircraft integrated vehicle health management (IVHM) are expected to create worthwhile opportunities for aircraft health monitoring system market expansion.
Aircraft Health Monitoring Market is segmented on the basis of installation, solution, aircraft type, fit, operation type and geography. Based on installation, the aircraft health monitoring market has been segmented into onboard and on ground. On the basis of solution, the AHM market has been segmented into hardware, software, and services. Based on the aircraft type, the AHM market has been segmented into commercial, business jets, military, and rotary wing. Based on fit, market has been segmented into linefit and retrofit. Depending on the operation time, the AHM market has been segmented into real-time and non-real-time.
Aircraft Health Monitoring Market by geography is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are countries under North America wherein Europe covers U.K, Germany, France and others. Asia-Pacific covers China, India, Japan, and rest of Asia-Pacific. RoW covers South America, Middle East and Africa.
Major companies operating in the aircraft health monitoring market are Airbus, Boeing, United Technologies Corporation, Honeywell International, General Electric, Rockwell Collins, Meggitt ,Rolls-Royce, Flyht, Curtiss-Wright, Safran, Air France Klm Engineering &Maintenance and Lufthansa Technik, among others.
The key takeaways from the report
The detailed analysis of Global Aircraft Health Monitoring Market with respect to key segments such as installation, solution, aircraft type, fit, operation type and geographyhas been included in the report
The report comprises the quantitative and qualitative analysis of the market with market estimation over 2016 – 2025 and CAGR between 2017 and 2025
Comprehensive analysis of market dynamics including growth and restraining factors, as well as opportunities will be provided in the report
An exhaustive regional and country wise analysis of Global Aircraft Health Monitoring Market has been covered in the report
Profile of the major key players operating in the Global Aircraft Health Monitoring Market will be provided, with detailed study on their key financials, product & services, new developments and business strategies.
Scope of Aircraft Heath Monitoring Market
Operation Time Segments
Aircraft Type Segments
Small Wide Body
Medium Wide body
Very Large Body
Rest of Europe
Rest of Asia- Pacific