Global Aircraft Health Monitoring Systems Market - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4515641
  • Report
  • Region: Global
  • 90 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • AIRBUS
  • BOEING
  • GE AVIATION
  • MEGGITT PLC
  • ROCKWELL COLLINS
  • ROLLS-ROYCE PLC
  • MORE
The aircraft health monitoring systems market is anticipated to register a CAGR of 6.55% over the forecast period 2018 - 2023. AHMS improves an airline's operational decision-making and saves airlines money by reducing schedule interruptions. Additionally, the sensors embedded in hard-to-reach areas of aircraft enhances airplane safety and reduces the time required to detect the faults.

INCREASED APPLICATION AREAS

The increase in the automation, technology up-gradation, minimization of the operating costs, the rise in the demand for real-time fault management, as well as the high demand for performance monitoring are expected to boost the market growth during the forecast period. The global military departments are now focusing on reducing their operating costs which are associated with the maintenance of the defense aircrafts along with the significant growth in their need to enhance the safety standards which has led to substantial investments in the maintenance, repair and overhaul services.

Aircraft Health Monitoring Sensors Cutting MRO Costs

The generation of huge caches of structural as well as system health-monitoring data by commercial aircrafts has led to the expansion of the opportunities for predictive inspections and repairs. Replacing the traditional inspection procedures such as general and detailed visual inspections as well as non-destructive inspections such as X-rays resulted in eliminating time consuming steps like dismantling process to gain access to the inspection areas.

Embraer has been utilizing large Structural Health Monitoring (SHM) sensors to cut down inspection costs as well as time. Various companies which are involved with the aircraft sensor technology are concentrating on enhancing the data management instead of reviewing the data normally which would drive the health monitoring system. Distributed optical sensing can be used as a possible approach towards aircraft structural monitoring. These contains fiber-optic sensing which do not require individual sensing elements to carry out the inspection process. Additionally, the technology can be used for inspecting the large aircraft structures and measure for temperature or strain in the aircraft. On the other side, the applications are bulky and expensive which lead to a delay in the application being used on the aerospace side.

The progress of OEM towards big-data analytics have enabled them to collect large data sets, including information regarding the environmental conditions as well as configuration and operational usage. These, when collaborated with Predix, which is a contemporary software platform, enables business entities to measure the faults in an aircraft, if any, in a convenient manner as well as help in reduction of MRO costs. Space Wireless technology have already been deployed in the Airbus Flying Testing Platforms.

Key Developments in the Market:
  • March 2018: Honeywell Aerospace have announced a new Health and Usage Monitoring System (HUMS) technology, RECON, in order to help the civil and defense helicopter operators in order to ensure aircraft safety and reduce the operating as well as the marginal cost.
  • June 2017: Bombardier Inc. has announced that their customers are benefitting from the C series aircraft health management system in their CS 100 and CS 300 aircraft
Major Players: AIRBUS, BOEING, GE AVIATION, ROCKWELL COLLINS, UNITED TECHNOLOGIES HOLDINGS PLC, MEGGITT PLC, ROLLS-ROYCE PLC, amongst others

Reasons to purchase this report

1. Provides Latest Insights into the aircraft health monitoring systems market
2. Analyzing various perspectives of the market with the help of Porter’s five forces analysis
3. Detailed analysis on the region expected to witness fastest growth in the market
4. Identify the latest developments, market shares, and strategies employed by the major market players
5. 3 months analyst support along with the Market Estimate sheet (in excel)

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AIRBUS
  • BOEING
  • GE AVIATION
  • MEGGITT PLC
  • ROCKWELL COLLINS
  • ROLLS-ROYCE PLC
  • MORE
1. Introduction
1.1 Research Phase
1.2 Scope of the market
1.3 Study Deliverables

2. Executive Summary

3. Market Overview and Trends
3.1 Introduction
3.2 Market Trends
3.3 Porter's Five Force Framework
3.3.1 Bargaining Power of Buyers
3.3.2 Bargaining Power of Supplier
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products
3.3.5 Intensity of Competitive Rivalry

4. Market Dynamics
4.1 Drivers
4.1.1 Increased Application Areas
4.1.2 Aircraft Health Sensors Cutting MRO Costs
4.2 Restraints
4.2.1 Scarcity of Trained Professionals to perform the MRO operations
4.3 Opportunity
4.3.1 Increased application areas for aircraft integrated vehicle health management (IVHM)

5. Global Aircraft Health Monitoring Systems, Segmented by Type
5.1 Commercial
5.1.1 Narrow body Aircraft
5.1.2 Wide Body Aircraft
5.1.3 Business Jets
5.1.4 Rotary Wings
5.2 Defense

6. Global Aircraft Health Monitoring Systems, Segmented by Fit
6.1 Retro Fit
6.2 Line Fit

7. Global Aircraft Health Monitoring Systems, Segmented by Sub-System
7.1 Aero-propulsion
7.2 Avionics
7.3 Ancillary Systems
7.4 Aircraft Structures

8. Global Aircraft Health Monitoring Systems, Segmented by IVHM System
8.1 Diagnostics
8.2 Prognostics
8.3 Condition based Maintenance and Adaptive Control

9. Global Aircraft Health Monitoring Systems, Segmented by Geography
9.1 North America
9.1.1 United States
9.1.2 Canada
9.1.3 Mexico
9.1.4 Others
9.2 Europe
9.2.1 UK
9.2.2 France
9.2.3 Germany
9.2.4 Italy
9.2.5 Switzerland
9.2.6 Rest of Europe
9.3 Asia-Pacific
9.3.1 India
9.3.2 China
9.3.3 Japan
9.3.4 South Korea
9.3.5 Rest of Asia-Pacific
9.4 South America
9.4.1 Brazil
9.4.2 Argentina
9.4.3 Others
9.5 Africa & Middle-East
9.5.1 Saudi Arabia
9.5.2 UAE
9.5.3 South Africa
9.5.4 Qatar
9.5.5 Rest of Africa & Middle-East

10. Competitive Landscape
10.1 Introduction
10.2 Market Structure & Analysis

11. Company Profiles
11.1 Airbus
11.2 Boeing
11.3 GE Aviation
11.4 Rockwell Collins
11.5 United Technologies Corporation
11.6 Ultra Electronic Holdings Plc
11.7 Meggitt Plc
11.8 Rolls Royce Corporation
11.9 RSL Electronics Limited

12. Future Outlook of the Market

13. Disclaimer
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  • AIRBUS
  • BOEING
  • GE AVIATION
  • ROCKWELL COLLINS
  • UNITED TECHNOLOGIES HOLDINGS PLC
  • MEGGITT PLC
  • ROLLS-ROYCE PLC
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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