FEATURED COMPANIES
- Airbus SE
- Honeywell Aerospace
- Meggitt Plc
- Rolls-Royce Plc
- Safran
- SITA N.V.
The global aircraft health monitoring system market reached a value of US$ 3.85 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 5.94 Billion by 2027, exhibiting a CAGR of 7.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor
An aircraft health monitoring system (AHMS) refers to a collection of solutions and techniques that are used for remote monitoring of airplane data. AHMS is primarily used for monitoring the lifecycle of aircraft components and predicting failures or malfunctions, such as over-heating of engines, high vibrations, low oil pressure and hard landing. It uses the real-time data captured through various sensors installed on the aircraft components and involves automated engine trend reporting, remote systems diagnostics and engine/airframe threshold exceedance reporting. The implementation of AHMS also aids in minimizing the overall maintenance and operational costs and detection, diagnosis, prognosis and mitigation of system failures
Significant growth in the commercial and defense aviation industries is one of the key factors creating a positive outlook for the market. Furthermore, growing need for enhanced situational awareness and increasing instances of aircraft accidents are also creating a positive impact on the demand for this solution. In line with this, there is increasing adoption of connected aircraft solutions to meet the growing requirement for automation and the development of cost-effective maintenance alternatives. Additionally, various technological advancements, such as integration with the Internet of Things (IoT) and the utilization of wireless sensors to measure in-torque data, flight messengers to monitor maintenance needs and aviation analytics, are also contributing to the market growth. Other factors, including the upgradation and replacement of existing aircraft with next-generation systems, along with increasing demand for aircraft health monitoring from the aerospace industry, are projected to drive the market further
An aircraft health monitoring system (AHMS) refers to a collection of solutions and techniques that are used for remote monitoring of airplane data. AHMS is primarily used for monitoring the lifecycle of aircraft components and predicting failures or malfunctions, such as over-heating of engines, high vibrations, low oil pressure and hard landing. It uses the real-time data captured through various sensors installed on the aircraft components and involves automated engine trend reporting, remote systems diagnostics and engine/airframe threshold exceedance reporting. The implementation of AHMS also aids in minimizing the overall maintenance and operational costs and detection, diagnosis, prognosis and mitigation of system failures
Significant growth in the commercial and defense aviation industries is one of the key factors creating a positive outlook for the market. Furthermore, growing need for enhanced situational awareness and increasing instances of aircraft accidents are also creating a positive impact on the demand for this solution. In line with this, there is increasing adoption of connected aircraft solutions to meet the growing requirement for automation and the development of cost-effective maintenance alternatives. Additionally, various technological advancements, such as integration with the Internet of Things (IoT) and the utilization of wireless sensors to measure in-torque data, flight messengers to monitor maintenance needs and aviation analytics, are also contributing to the market growth. Other factors, including the upgradation and replacement of existing aircraft with next-generation systems, along with increasing demand for aircraft health monitoring from the aerospace industry, are projected to drive the market further
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global aircraft health monitoring system market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, subsystem, end-user, installation, fit, operation time and operation typeBreakup by Component:
- Hardware
- Software
- Services
Breakup by Subsystem:
- Aero-Propulsion
- Avionics
- Ancillary Systems
- Aircraft Structures
- Others
Breakup by End-User:
- Commercial
- Military
Breakup by Installation:
- Onboard
- On Ground
Breakup by Fit:
- Linefit
- Retrofit
Breakup by Operation Time:
- Real-Time
- Non-Real-Time
Breakup by Operation Type:
- Detection
- Diagnostics
- Condition-Based Maintenance and Adaptive Control
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Airbus SE, Curtiss-Wright Corporation, FLYHT Aerospace Solutions Ltd., GE Engine Services LLC (General Electric Company), Honeywell Aerospace, Meggitt Plc, Rolls-Royce Plc, Safran, SITA N.V., The Boeing Company, etcKey Questions Answered in This Report:
- How has the global aircraft health monitoring system market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 in the global aircraft health monitoring system market?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the subsystem?
- What is the breakup of the market based on the end-user?
- What is the breakup of the market based on the installation?
- What is the breakup of the market based on the fit?
- What is the breakup of the market based on the operation time?
- What is the breakup of the market based on the operation type?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global aircraft health monitoring system market and who are the key players?
- What is the degree of competition in the industry?
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Airbus SE
- Honeywell Aerospace
- Meggitt Plc
- Rolls-Royce Plc
- Safran
- SITA N.V.
1 Preface3 Executive Summary15 Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 Global Aircraft Health Monitoring System Market
6 Market Breakup by Component
7 Market Breakup by Subsystem
8 Market Breakup by End-User
9 Market Breakup by Installation
10 Market Breakup by Fit
11 Market Breakup by Operation Time
12 Market Breakup by Operation Type
13 Market Breakup by Region
14 SWOT Analysis
16 Porters Five Forces Analysis
17 Competitive Landscape
List of Figures
List of Tables
Note: Product cover images may vary from those shown
- Airbus SE
- Curtiss-Wright Corporation
- FLYHT Aerospace Solutions Ltd.
- GE Engine Services LLC (General Electric Company)
- Honeywell Aerospace
- Meggitt Plc
- Rolls-Royce Plc
- Safran
- SITA N.V.
- The Boeing Company
Note: Product cover images may vary from those shown
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