Market Overview:
The global aerospace engine vibration monitoring system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for aircraft and spacecraft across the globe. Additionally, the increasing adoption of advanced technologies in aerospace engine vibration monitoring systems is also contributing to the growth of this market. Based on type, the global aerospace engine vibration monitoring system market can be segmented into engine monitoring unit, engine interface & control unit, engine interface & vibration monitoring unit, and others. The engine interface & control unit segment is expected to hold a major share of this market during the forecast period owing to its ability to monitor and control various functions of an aircraft or spacecraft engines. Based on application, this market can be divided into aircraft and spacecraft segments.
Product Definition:
Aerospace engine vibration monitoring system is a system that is used to measure the vibration of an aerospace engine. The purpose of this system is to ensure that the engine is running within acceptable limits and help prevent any damage that may be caused by excessive vibrations.
Engine Monitoring Unit:
The engine monitoring unit (EMU) is a device that monitors various parameters of an aircraft engine. The information obtained from these units is used by the pilot to maintain optimum health of the engines.
Engine monitoring units are crucial in vibration monitoring systems as they provide vital data for diagnosis and inspection purposes, which helps in maintaining the health and reliability of engines. These devices have been installed on commercial aircraft since early 1970s, with their first installation on Boeing 707 jetliner.
Engine Interface & Control Unit:
The Engine Interface and Control Unit (EICU) is a device that monitors the vibrations in an engine. It consists of sensors, actuators, and controllers which are mounted on the engine itself. The EICU measures vibration at various frequencies using different modes such as mechanical, electrical or electromagnetic methods.
Application Insights:
Aircraft application segment dominated the market in 2017 and is expected to maintain its lead over the forecast period. The growth of this segment can be attributed to factors such as increasing air travel, rise in disposable income of consumers, and government initiatives promoting civil aviation across countries. For instance, according to a study published by CAPE Research Institute in 2018, it was estimated that around 1,500 new aircraft are required globally every year but only around 250 new aircraft were delivered globally in 2017. This trend is expected to continue until 2030 when a total of 1750 new deliveries are supposed to have taken place globally against 1500 deliveries annually currently.
The spacecraft application segment is projected register significant growth over the forecast period owing to increase investments by governments for developing space-based infrastructure such as communications satellites and human exploration vehicles.
Regional Analysis:
The market in the Asia Pacific is expected to grow at a significant rate owing to increasing demand for commercial aircraft. The growth of the aerospace industry in China, India, Japan and other countries has led to an increase in demand for advanced aerospace equipment. Furthermore, growing space tourism and research activities are also anticipated to drive the market over the forecast period.
Europe accounted for more than 25% of revenue share in 2017 owing to stringent regulations by regulatory bodies such as EASA (European Aviation Safety Agency) and CSA (Civil Aviation Authority). These regulatory bodies have laid down guidelines on vibration monitoring system installation procedures which are followed during manufacturing as well as maintenance operations of aircraft components. This factor is projected to further fuel regional growth over the next eight years.
Growth Factors:
- Increasing demand for aircrafts and rise in air traffic
- Growing awareness about the benefits of vibration monitoring systems among aircraft operators
- Technological advancements in aerospace engine vibration monitoring systems
- Stringent safety regulations for aircraft operators worldwide
- Rising demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Aerospace Engine Vibration Monitoring System Market Research Report
By Type
Engine Monitoring Unit, Engine Interface & Control Unit, Engine Interface & Vibration Monitoring Unit, Others
By Application
Aircraft, Spacecraft
By Companies
Meggitt, AviaDeCo, Honeywell, ACES Systems, MTU, APOC Aviation, Oros Apparel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Aerospace Engine Vibration Monitoring System Market Report Segments:
The global Aerospace Engine Vibration Monitoring System market is segmented on the basis of:
Types
Engine Monitoring Unit, Engine Interface & Control Unit, Engine Interface & Vibration Monitoring Unit, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aircraft, Spacecraft
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Meggitt
- AviaDeCo
- Honeywell
- ACES Systems
- MTU
- APOC Aviation
- Oros Apparel
Highlights of The Aerospace Engine Vibration Monitoring System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Engine Monitoring Unit
- Engine Interface & Control Unit
- Engine Interface & Vibration Monitoring Unit
- Others
- By Application:
- Aircraft
- Spacecraft
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aerospace Engine Vibration Monitoring System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aeroengine vibration monitoring system is a technology that uses sensors to measure the vibrations of an engine or aircraft. These measurements can be used to identify and diagnose problems with the engine or aircraft.
Some of the major companies in the aerospace engine vibration monitoring system market are Meggitt, AviaDeCo, Honeywell, ACES Systems, MTU, APOC Aviation, Oros Apparel.
The aerospace engine vibration monitoring system market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aerospace Engine Vibration Monitoring System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Aerospace Engine Vibration Monitoring System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Aerospace Engine Vibration Monitoring System Market - Supply Chain
4.5. Global Aerospace Engine Vibration Monitoring System Market Forecast
4.5.1. Aerospace Engine Vibration Monitoring System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Aerospace Engine Vibration Monitoring System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Aerospace Engine Vibration Monitoring System Market Absolute $ Opportunity
5. Global Aerospace Engine Vibration Monitoring System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Type
5.3.1. Engine Monitoring Unit
5.3.2. Engine Interface & Control Unit
5.3.3. Engine Interface & Vibration Monitoring Unit
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Aerospace Engine Vibration Monitoring System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Application
6.3.1. Aircraft
6.3.2. Spacecraft
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Aerospace Engine Vibration Monitoring System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Aerospace Engine Vibration Monitoring System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Aerospace Engine Vibration Monitoring System Demand Share Forecast, 2019-2026
9. North America Aerospace Engine Vibration Monitoring System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Application
9.4.1. Aircraft
9.4.2. Spacecraft
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Type
9.7.1. Engine Monitoring Unit
9.7.2. Engine Interface & Control Unit
9.7.3. Engine Interface & Vibration Monitoring Unit
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Aerospace Engine Vibration Monitoring System Demand Share Forecast, 2019-2026
10. Latin America Aerospace Engine Vibration Monitoring System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Application
10.4.1. Aircraft
10.4.2. Spacecraft
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Type
10.7.1. Engine Monitoring Unit
10.7.2. Engine Interface & Control Unit
10.7.3. Engine Interface & Vibration Monitoring Unit
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Aerospace Engine Vibration Monitoring System Demand Share Forecast, 2019-2026
11. Europe Aerospace Engine Vibration Monitoring System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Application
11.4.1. Aircraft
11.4.2. Spacecraft
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Type
11.7.1. Engine Monitoring Unit
11.7.2. Engine Interface & Control Unit
11.7.3. Engine Interface & Vibration Monitoring Unit
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Aerospace Engine Vibration Monitoring System Demand Share, 2019-2026
12. Asia Pacific Aerospace Engine Vibration Monitoring System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Application
12.4.1. Aircraft
12.4.2. Spacecraft
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Type
12.7.1. Engine Monitoring Unit
12.7.2. Engine Interface & Control Unit
12.7.3. Engine Interface & Vibration Monitoring Unit
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Aerospace Engine Vibration Monitoring System Demand Share, 2019-2026
13. Middle East & Africa Aerospace Engine Vibration Monitoring System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Application
13.4.1. Aircraft
13.4.2. Spacecraft
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Aerospace Engine Vibration Monitoring System Market Size and Volume Forecast by Type
13.7.1. Engine Monitoring Unit
13.7.2. Engine Interface & Control Unit
13.7.3. Engine Interface & Vibration Monitoring Unit
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Aerospace Engine Vibration Monitoring System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Aerospace Engine Vibration Monitoring System Market: Market Share Analysis
14.2. Aerospace Engine Vibration Monitoring System Distributors and Customers
14.3. Aerospace Engine Vibration Monitoring System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Meggitt
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AviaDeCo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Honeywell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ACES Systems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MTU
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. APOC Aviation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Oros Apparel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
