Press release
Commercial Aircraft Health Monitoring Systems Market : Airbus, Boeing, GE Aviation, Rockwell Collins, United Technologies, Accellent Technologies, BeanAir, Meggitt, Rolls-Royce
Global Commercial Aircraft Health Monitoring Systems Market by IVHM Technology (Prognostic, Diagnostic, CBM & Adaptive Control), Sub-System (Aero-Propulsion, Aircraft Structure, Avionics and Ancillary System), Fit (Line fit and Retro fit), and by Region- Forecast To 2021Market Research Future published a Cooked research report on “Global Commercial Aircraft Health Monitoring Systems Market Research Report - Forecast to 2021” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2021.
European region is dominating commercial aircraft health monitoring systems market
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Market Synopsis of Global Commercial Aircraft Health Monitoring Systems Market
The Global Commercial Aircraft Health Monitoring Systems Market is expected to grow at a CAGR of around 6% during 2016-2021. The key factors driving the growth are the advantages of structural health monitoring, need for aircraft real-time damage detection, growing trend towards more electric aircraft, rising demand for automation, growth in situational awareness to drive operations, reducing unscheduled maintenance & increasing asset utilization, and cost effective maintenance.
As per the MRFR analysis, challenges associated with SHM sensors to integrate into aero structure, and certification clearances are the restrains affecting the market growth.
Development of fiber optics sensor for real time data analysis and R&D spending on health monitoring systems are the emerging trends in the market.
Target Audience
• Aircraft HMS OEMs
• Component Suppliers
• Aftermarket suppliers /MROs
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
Industry/ Innovation/ Related News:
June, 2017 – GE Aviation and AT&T Internet of Things (IoT) solutions have joint venture for on-board and off board portions of the aircraft health and trend monitoring system (AHTMS) powered on PlaneConnectHTM on the Gulfstream G500, G600, G650 and G650ER business jets.
July, 2015 – Boeing announced that Oman has contracted for a suite of services to support the airline’s 787 Dreamliner’s and to ensure ongoing efficiency and cost savings for its fleet.
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Global Commercial Aircraft Health Monitoring Systems Market – Segmentation
The Global Commercial Aircraft Health Monitoring Systems Market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by IVHM Technology : Comprises Prognostic, Diagnostic, CBM and Adaptive Control
Segmentation by Sub-System : Comprises Aero-Propulsion, Aircraft Structure, Avionics and Ancillary System
Segmentation by Fit : Comprises Line fit and Retro fit
Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Global Commercial Aircraft Health Monitoring Systems Market: Regional Analysis
European market is dominating the market of global commercial aircraft health monitoring systems market due to growth in number of passengers and aircraft movements. Major aviation markets such as the UK and Germany have witnessed growth in the number of passengers and aircraft movements. The market in the European market is largely driven by passenger traffic in in major airports such as Heathrow and Frankfurt, which helps in growth of global commercial aircraft health monitoring systems.
Asia Pacific region is referred to as the second-largest commercial aircraft health monitoring systems due to factors such as growth in global air passenger traffic have fuelled the demand for commercial aircraft health monitoring systems in the country.
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