Market Overview:
The global aircraft health management system market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for aircraft health management systems from the commercial and defence sectors, and the increasing number of aircraft deliveries across the globe. The global aircraft health management system market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into business jets, rotary wing, defence aviation, and others. On the basis of application, it is segmented into linefit and retrofit applications. The regional segments include North America (U.S., Canada), Latin America (Mexico), Europe (Germany), Asia Pacific (China), Middle East & Africa (Saudi Arabia).
Product Definition:
Aircraft Health Management System (AHMS) is a software application that helps aircraft operators and maintainers manage the health of their aircraft. AHMS provides real-time information on the status of an aircraft's systems and components, allowing operators to make informed decisions about when and how to fly their planes. AHMS also allows for more efficient maintenance operations by providing crews with accurate information on component status.
Business jets:
Business jets are specialized aircraft used for commercial passenger transportation. They are commonly referred to as jets, and usually have a short distance range compared to other business aircraft. Some of the major advantages of using business jets include reduced time airborne, faster turnaround times at airports, and lower operating costs due to fuel efficiency.
The global market size was valued at USD 1.8 billion in 2015.
Rotary wing:
Rotary wing is a type of aerial vehicle with one or more sets of rotors which are used for lifting the weight off the ground. It can be fixed as a helicopter, gyroplane, autogyro or airplane. The main function of rotary wing aircraft is to provide mobility and lift to carry people and cargo from one place to another.
The global rotorwing.
Application Insights:
The linefit segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. The aircraft are required to undergo maintenance at regular intervals, which involves inspection of various parts of an aircraft¢â‚¬â„¢s structure, such as fuselage, wings, landing gear doors and windows for cracks or other damage.
Aircraft with a high number of flight hours are more prone to accidents owing to reduced reliability resulting in increased maintenance costs. Aircraft Health Management System (AHMS) helps reduce these costs by enabling early detection of problems so that they can be repaired before they cause any major damage. AHMS retrofit kits can be installed on existing aircraft types without substantial changes; however installing these systems on new-generation aircraft is likely to require substantial modifications due largely to their advanced technologies being implemented within them which may result in unavailability for use with retrofit systems.
Regional Analysis:
North America dominated the global aircraft health management system market in 2016 and is expected to continue its dominance over the forecast period. This can be attributed to stringent government regulations for maintenance of safety standards, high usage rate of aircraft, and availability of skilled professionals with adequate knowledge about these systems. The region accounted for around 40% share owing to increasing demand from general aviation sector as well as commercial airlines.
Asia Pacific is anticipated to witness lucrative growth over the next eight years owing to rising disposable income coupled with growing adoption by manufacturers operating within this industry. Furthermore, increasing number of accidents due to poor maintenance practices will also drive demand within this region during the forecast period. For instance, according flight MH17 disaster in July 2014 that took lives away from 298 passengers onboard will boost product adoption across Asia Pacific thereby driving growth across this region during forecast period 8%.
Growth Factors:
- Increasing demand for aircraft health management system from the commercial aviation sector as it helps in reducing the overall operational cost and improving safety.
- The increasing adoption of AHMS by military forces for better situational awareness and efficient mission planning.
- Growing number of aircraft accidents, which is resulting in an increase in the demand for AHMS to improve safety and efficiency of operations.
- Proliferation of IoT technology that is helping to develop more advanced AHMS solutions with enhanced features and capabilities 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Health Management System Market Research Report
By Type
Business jets, Rotary wing, Defence, Others
By Application
Linefit, Retrofit
By Companies
Airbus, Boeing, UTC, General Electric Aviation, Rockwell Collins, Meggitt Plc, Rolls-Royce Plc, Ventura Aerospace, Infosys, Honeywell Aerospace
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Health Management System Market Report Segments:
The global Aircraft Health Management System market is segmented on the basis of:
Types
Business jets, Rotary wing, Defence, 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
Linefit, Retrofit
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:
- Airbus
- Boeing
- UTC
- General Electric Aviation
- Rockwell Collins
- Meggitt Plc
- Rolls-Royce Plc
- Ventura Aerospace
- Infosys
- Honeywell Aerospace
Highlights of The Aircraft Health Management 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:
- Business jets
- Rotary wing
- Defence
- Others
- By Application:
- Linefit
- Retrofit
- 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 Aircraft Health Management 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:
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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?
Aircraft health management system (AHMS) is a computerized system that monitors and manages the health of an aircraft. AHMS can include systems to detect and diagnose problems, recommend corrective actions, and provide real-time updates on aircraft status.
Some of the key players operating in the aircraft health management system market are Airbus, Boeing, UTC, General Electric Aviation, Rockwell Collins, Meggitt Plc, Rolls-Royce Plc, Ventura Aerospace, Infosys, Honeywell Aerospace.
The aircraft health management system market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Health Management System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aircraft Health Management System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Health Management System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aircraft Health Management System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aircraft Health Management System Market Size & Forecast, 2018-2028
4.5.1 Aircraft Health Management System Market Size and Y-o-Y Growth
4.5.2 Aircraft Health Management System Market Absolute $ Opportunity
Chapter 5 Global Aircraft Health Management System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aircraft Health Management System Market Size Forecast by Type
5.2.1 Business jets
5.2.2 Rotary wing
5.2.3 Defence
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Health Management System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aircraft Health Management System Market Size Forecast by Applications
6.2.1 Linefit
6.2.2 Retrofit
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Health Management System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Health Management System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aircraft Health Management System Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Health Management System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aircraft Health Management System Market Size Forecast by Type
9.6.1 Business jets
9.6.2 Rotary wing
9.6.3 Defence
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aircraft Health Management System Market Size Forecast by Applications
9.10.1 Linefit
9.10.2 Retrofit
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aircraft Health Management System Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Health Management System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aircraft Health Management System Market Size Forecast by Type
10.6.1 Business jets
10.6.2 Rotary wing
10.6.3 Defence
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aircraft Health Management System Market Size Forecast by Applications
10.10.1 Linefit
10.10.2 Retrofit
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aircraft Health Management System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Health Management System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aircraft Health Management System Market Size Forecast by Type
11.6.1 Business jets
11.6.2 Rotary wing
11.6.3 Defence
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aircraft Health Management System Market Size Forecast by Applications
11.10.1 Linefit
11.10.2 Retrofit
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aircraft Health Management System Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Health Management System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aircraft Health Management System Market Size Forecast by Type
12.6.1 Business jets
12.6.2 Rotary wing
12.6.3 Defence
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aircraft Health Management System Market Size Forecast by Applications
12.10.1 Linefit
12.10.2 Retrofit
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aircraft Health Management System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Health Management System Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aircraft Health Management System Market Size Forecast by Type
13.6.1 Business jets
13.6.2 Rotary wing
13.6.3 Defence
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aircraft Health Management System Market Size Forecast by Applications
13.10.1 Linefit
13.10.2 Retrofit
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Health Management System Market: Competitive Dashboard
14.2 Global Aircraft Health Management System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Airbus
14.3.2 Boeing
14.3.3 UTC
14.3.4 General Electric Aviation
14.3.5 Rockwell Collins
14.3.6 Meggitt Plc
14.3.7 Rolls-Royce Plc
14.3.8 Ventura Aerospace
14.3.9 Infosys
14.3.10 Honeywell Aerospace
