Market Overview:
The global aircraft health monitoring market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for aircraft health monitoring systems from commercial and business jet applications, and the increasing adoption of aircraft health monitoring systems by military organizations worldwide. Onboard type segment is expected to hold the largest share of the global aircraft health monitoring market in 2018. This can be attributed to factors such as increased demand for onboard type systems from commercial and business jet applications, and technological advancements in onboard type systems that offer enhanced performance and reliability.
Product Definition:
Aircraft Health Monitoring is a system that constantly monitors the aircraft's health and status, and reports any issues or concerns to the pilots or ground crew. This allows for proactive maintenance and repairs, which helps keep the aircraft in good condition. The importance of Aircraft Health Monitorings is that it helps ensure safety during flight, by detecting any potential problems before they become too serious.
Onboard:
Onboard is a new term in the aircraft health monitoring market. It was created to differentiate between two different types of systems used on commercial aircraft, namely On-Board Diagnostics (OBD) and On-Board Aircraft Health Monitoring (OBAH). OBD includes all electronic components that are directly attached to an airplane's engine, while OBAH includes sensors placed on the outside of an airplane.
On Ground:
On Ground is a device that monitors the health of aircraft engines. It's primary function is to monitor and detect any abnormalities in oil consumption, coolant temperature, and airspeed. On ground systems are also used for other purposes such as monitoring hydraulic oil levels in flight and detecting if an engine has failed. The system works by sending one or more current through the selected component (engine, hydraulic etc.) to obtain data on how the components are functioning at that particular point in time.
Application Insights:
The commercial aircraft health monitoring market is segmented based on application into business jets, rotary wing, military and others. The military segment held the largest share in 2017 owing to extensive usage of aircraft for various purposes such as transporting troops and goods. Military applications include transport helicopters, bombers, fighters and surveillance planes among others. Aircraft used by armed forces are subject to stringent requirements regarding maintenance of required flight schedules with high reliability which results in increased utilization of these systems across all types of aircraft types.
The business jet segment is anticipated to witness significant growth over the forecast period due to growing demand from individuals who require only one or two seaters for short-distance travel instead of using a conventional airliner.
Regional Analysis:
North America dominated the global aircraft health monitoring market in 2016 with a revenue share of over 40%. The growth can be attributed to various factors such as high disposable income, rising demand for air travel, and technological advancements. In addition, the presence of key players in this region is expected to drive the market further. For instance, Honeywell International Inc., has been providing advanced solutions for aviation safety and security since 1917. It provides products that include aircraft performance management systems (APMS), flight crew communication systems (FCSS), and cabin intrusion detection systems (CIDS).
Asia Pacific is anticipated to witness significant growth during the forecast period owing to increasing investments by governments in developing countries like India and China along with other emerging economies including Indonesia & Malaysia among others. Furthermore, growing passenger traffic on account of rapid economic development will also support regional growth over the next eight years.
Growth Factors:
- Increasing demand for aircrafts due to rise in air traffic
- Development of new and innovative technologies for aircraft health monitoring
- Growing number of accidents and incidents that need investigation and analysis for improvement in safety
- Proliferation of Aircraft Health Monitoring Systems (AHMS) across different industry verticals
- Increasing awareness about the benefits of AHMS among end-users
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Health Monitorings Market Research Report
By Type
Onboard, On Ground
By Application
Commercial, Business Jets, Rotary Wing, Military
By Companies
Airbus, Boeing, United Technologies, Honeywell, General Electric, Rockwell Collins, Meggitt, Rolls-Royce, Flyht, Curtiss-Wright, Safran, Air France Klm Engineering & Maintenance, Lufthansa Technik, Esterline, Embraer
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Health Monitorings Market Report Segments:
The global Aircraft Health Monitorings market is segmented on the basis of:
Types
Onboard, On Ground
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
Commercial, Business Jets, Rotary Wing, Military
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
- United Technologies
- Honeywell
- General Electric
- Rockwell Collins
- Meggitt
- Rolls-Royce
- Flyht
- Curtiss-Wright
- Safran
- Air France Klm Engineering & Maintenance
- Lufthansa Technik
- Esterline
- Embraer
Highlights of The Aircraft Health Monitorings 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:
- Onboard
- On Ground
- By Application:
- Commercial
- Business Jets
- Rotary Wing
- Military
- 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 Monitorings 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?
Aircraft health monitoring is a process of collecting data on the condition of an aircraft system in order to provide early warning signs of potential problems and allow for proactive maintenance.
Some of the major companies in the aircraft health monitorings market are Airbus, Boeing, United Technologies, Honeywell, General Electric, Rockwell Collins, Meggitt, Rolls-Royce, Flyht, Curtiss-Wright, Safran, Air France Klm Engineering & Maintenance, Lufthansa Technik, Esterline, Embraer.
The aircraft health monitorings market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Health Monitorings 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 Monitorings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Health Monitorings 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 Monitorings 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 Monitorings Market Size & Forecast, 2020-2028
4.5.1 Aircraft Health Monitorings Market Size and Y-o-Y Growth
4.5.2 Aircraft Health Monitorings Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Onboard
5.2.2 On Ground
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Business Jets
6.2.3 Rotary Wing
6.2.4 Military
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Health Monitorings 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 Monitorings 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Onboard
9.6.2 On Ground
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 Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Business Jets
9.10.3 Rotary Wing
9.10.4 Military
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Onboard
10.6.2 On Ground
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 Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Business Jets
10.10.3 Rotary Wing
10.10.4 Military
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Onboard
11.6.2 On Ground
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 Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Business Jets
11.10.3 Rotary Wing
11.10.4 Military
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Onboard
12.6.2 On Ground
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 Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Business Jets
12.10.3 Rotary Wing
12.10.4 Military
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Onboard
13.6.2 On Ground
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) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Business Jets
13.10.3 Rotary Wing
13.10.4 Military
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 Monitorings Market: Competitive Dashboard
14.2 Global Aircraft Health Monitorings 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 United Technologies
14.3.4 Honeywell
14.3.5 General Electric
14.3.6 Rockwell Collins
14.3.7 Meggitt
14.3.8 Rolls-Royce
14.3.9 Flyht
14.3.10 Curtiss-Wright
14.3.11 Safran
14.3.12 Air France Klm Engineering & Maintenance
14.3.13 Lufthansa Technik
14.3.14 Esterline
14.3.15 Embraer
