openPR Logo
Press release

Aircraft Health Monitoring System Market Verticals Defense, Commercial, Healthcare, Aerospace Industry by 2023

03-11-2020 12:25 PM CET | Associations & Organizations

Press release from: Allied Market Research

Aircraft Health Monitoring System Market

Aircraft Health Monitoring System Market

The Objective of the "Global Aircraft Health Monitoring System Market" report is to depict the trends and upcoming for the Aircraft Health Monitoring System industry over the forecast years. Aircraft Health Monitoring System Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2017 to 2023 mulling over 2016 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

Purchase Enquiry Report @ https://www.alliedmarketresearch.com/purchase-enquiry/2361

Aircraft Health Monitoring System Market by Type, Aircraft Type, and Fit: Global Opportunity Analysis and Industry Forecast, 2016-2023, the global aircraft health monitoring system market was valued at $926 million in 2016, and is projected to reach at $1,489 million by 2023, growing at a CAGR of 7.4% from 2017 to 2023. Wide-body aircraft possesses maximum potential, which is expected to create lucrative opportunities for industry players.

Increased application areas for aircraft health monitoring systems, increase in need for airplane data integration towards real-time monitoring, enhanced focus towards reduction of overhead costs, and surge in demand for application-specific solutions drive the aircraft health monitoring system market growth. In addition, recent innovations and growth in adoption of advanced systems have further fueled this growth.

Adoption of aircraft health monitoring (AHM) systems among commercial and defense sectors has increased owing to the integration of airplane data to determine the current and future serviceability or performance. The aircraft health monitoring systems market is impacted by the need to reduce costs towards maintenance operations, increase in airplane data availability, rise in need to reduce flight delays & air turnbacks, and growth in awareness about AHM. However, challenges associated with certification clearances and scarcity of trained professionals limit the market growth.

Key aircraft health monitoring systems market players are involved in the introduction of new features and capabilities to enhance their existing product portfolio. This is anticipated to increase the product penetration and enable key providers to establish themselves in the emerging markets. In this regard, UTC Aerospace Systems introduced Pulse Health Monitoring System (HMS) in August 2016 to effectively monitor the aircraft health status and performance issues using diagnostic and prognostic analytics software modules.

Request TOC/ Sample Report @ https://www.alliedmarketresearch.com/request-sample/2361

Key Findings of the Aircraft Health Monitoring System Market:
1 The commercial segment dominated the global aircraft health monitoring system market in 2016, while the defense segment is expected to grow at the highest CAGR from 2017 to 2023.
2 The narrow body aircraft segment is estimated to provide significant growth opportunities to the key market players.
3 The Asia-Pacific market is expected to be dominant, in terms of market size. However, LAMEA is estimated to provide a significant growth rate during the forecast period.

Key players profiled in the report
* Honeywell International Inc.
* Rockwell Collins Inc.
* Boeing Company
* Ultra Electronics Holdings PLC
* RSL Electronics Ltd.
* United Technologies Corporation
* General Electric Company
* Meggitt PLC
* Rolls-Royce PLC
* Airbus Group

Get More Information on this Report @ http://bit.ly/3aPDtyz

Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Aircraft Health Monitoring System Market Verticals Defense, Commercial, Healthcare, Aerospace Industry by 2023 here

News-ID: 1961969 • Views: 468

More Releases from Allied Market Research

Electric Passenger Car Traction Motor Market Growth 2027 – Key drivers, Busine …
Traction motor produces resistance between two surfaces with or without using electricity. An electric passenger car traction motor is a vital component which is used for extracting electricity from the battery pack. Traction motor is installed in electric passenger vehicles to provide rotation torque for the movement of the car. Furthermore, stringent emission discharge norms and regulations drives the demand for electric passenger car. Moreover, quick expansion of EV charging
Electric Passenger Car Lithium-Ion Battery Management System Market Analysis of …
Electric passenger car has gained a considerable consumer popularity & acceptance in the past few years. Major improvements in the performance of an electric passenger car such as high acceleration rate and long driving range after a single charge have been boosting the demand for electric passenger vehicle. Further, a lithium-ion battery (LIB) is a type of rechargeable battery, which is popularly used in the field of electric passenger vehicles
Electric Bus Door System Market Trending Technologies, Developments, Key Players …
Buses have had a strong place in the transportation industry since the 1830s when the first steam bus was introduced in London. Since the year 1830, buses are considered as the most common mode of public transportation in almost every country across the world. Electric bus door system is an assembly of interconnected mechanisms which utilizes the power of electricity to automatically open the door. Furthermore, the electric bus
Commercial Vehicle & Off-Highway RADAR Market Trends, Segments, Emerging Technol …
Commercial & off-highway vehicles are large and utilized for multiple tasks such as transport of goods, mining, excavation, and others. Due to their large sizes and complicated applications, these vehicles are prone to accidents. Safety concerns increase with a high number of blind spots, thereby propelling the use of RADARs in these vehicles to alert the driver of various threats. In addition, safety & security has become a topmost priority

All 5 Releases


More Releases for Aircraft

Connected Aircraft
Connected Aircraft Market 2020-2027 research report is an in-depth analysis of the latest trends, market size, status, upcoming technologies, industry drivers, challenges opportunity with key company profiles, and strategies of players. The Connected Aircraft Market report also provides the market impact and new opportunities created due to the COVID19 catastrophe. Get the Free Access to the Sample Report of Connected Aircraft market is available at https://inforgrowth.com/sample-request/6327290/connected-aircraft-market Connected Aircraft Market report 2020-2027, discusses
Fixed Wing Turbine Aircraft Market | ATR Aircraft, Bombardier, Embraer, Boeing, …
A recent report published by QMI on fixed wing turbine aircraft market is a detailed assessment of the most important market dynamics. After carrying out thorough research of fixed wing turbine aircraft market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for fixed wing turbine aircraft during the forecast period. It can
Light Aircraft Market Is Booming| Diamond Aircraft, Piper Aircraft, TECNAM
A latest survey on Global Light Aircraft Market is conducted covering various organizations of the industry from different geographies to come up with 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition is facing along with gap analysis and new opportunity available and may trend in Light Aircraft market. The report bridges the historical data from
Global Aircraft Battery Market
Global Aircraft Battery Market – Industry Analysis and Forecast (2018-2026) – by Type, Application, Aircraft Type, and Region. Global Aircraft Battery Market was valued at US$ 478.21Mn in 2017 and is expected to reach US$ 900.32Mn by 2026, at a CAGR of 8.23% during a forecast period. A battery is a device containing one or more cells that convert chemical energy directly into electrical energy. Major driving factors of the Aircraft Battery
Aircraft Tyres Market key players Bridgestone Corporation, Dunlop Aircraft Tyres
Aircraft tyres are one of the most highly engineered products having significant complexity which require large number of raw materials pertaining to steel, cord fabric, artificial and natural rubber and other chemicals. Aircraft tyres have cords which serve as the reinforcing materials in the tyre that provide dimensional stability, supporting the aircraft weight, as well as keeping the tyres in shape different road conditions. Aircraft tyres play a vital role
Global Light Aircraft Market 2017 - Cirrus Aircraft, E-Go Aeroplanes, ICON Aircr …
A light aircraft is an aircraft that has a maximum gross takeoff weight of 12,500 lb (5,670 kg) or less. The many uses of light aircraft include aerial surveying, such as monitoring pipelines. They are also used for light cargo operations, such as "feeding" cargo hubs, as well as some passenger operations. Light aircraft are also used for marketing purposes, such as banner towing and skywriting. Primary flight instruction is