Market Overview:
The global commercial aircraft health monitoring systems 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 air travel, rising number of aircraft deliveries, and the need for enhanced safety and security measures. The global commercial aircraft health monitoring systems market can be segmented on the basis of type into hardware and software. On the basis of application, it can be divided into narrow-body, wide-body, and regional jets. Geographically, it can be segmented into North America, Latin America, Europe Asia Pacific (APAC), and Middle East & Africa (MEA). In terms of region, APAC is projected to witness highest growth during the forecast period owing to increasing air traffic in countries such as China and India.
Product Definition:
Commercial Aircraft Health Monitoring Systems is a system that monitors the health of an aircraft. This system helps to ensure the safety of passengers and crew by providing real-time information on the condition of aircraft systems.
Hardware:
Hardware is the part of a system that can be physically handled and measured. In the case of commercial aircraft, hardware includes sensors, units & components that are used to measure vital signs like pulse rate and blood pressure as well as other body functions such as temperature, humidity and so on.
Software:
Software is the part of a computer program through which the operator can input data and receive output. In commercial aircraft, software is used for various purposes such as air traffic control system, flight management system, cabin climate control system and so on. The health monitoring systems market includes software used in commercial aircraft for health monitoring functions such as oxygen masks deployment in case of an emergency or decompression event to protect passengers fromoxidizing agents or hypoxic gas poisoning.
Application Insights:
The narrow-body segment dominated the global commercial aircraft health monitoring systems market in 2017. This can be attributed to the growing demand for these types of aircraft from low-cost carriers (LCCs). Furthermore, an increasing number of narrow-body type aircraft is expected to drive growth over the forecast period. The Boeing 737 and Airbus A320 families are widely used across all regions as Narrow Body Aircraft (NBA) owing to their high fuel efficiency, operational costs, and passenger carrying capacity.
Wide body jetliners are generally more expensive than regional jets due to a higher purchase price per seat as well as per unit of volume. However, wide body jets offer numerous advantages including greater passenger comfort due to larger cabin sizes along with better reliability and safety margins owing to superior structural components design compared with regional jets. Growing preference for wide body jetliners among major airlines on account of improved operational efficiency is anticipated fuel segment growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of key aircraft manufacturers such as Boeing and Airbus. In addition, these companies are continuously investing in R&D activities for developing advanced aircraft with enhanced passenger comfort and safety features. Thus, increasing demand for commercial planes across North America is anticipated to propel the regional market over the forecast period.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising disposable income among middle-class population groups in countries such as China and India, thereby boosting their purchasing power for airline tickets across Asia Pacific region.
Growth Factors:
- Increasing demand for air travel: The global commercial aircraft fleet size is expected to grow at a CAGR of 3.5% from 2016 to 2021, reaching 41,577 aircraft by 2021. This will result in an increase in the demand for commercial aircraft health monitoring systems.
- Proliferation of next-generation airliners: Airlines are increasingly investing in next-generation airliners such as the Boeing 787 Dreamliner and Airbus A350 XWB, which are equipped with advanced health monitoring systems that require less maintenance and have longer operational lives. This is expected to drive the growth of the commercial aircraft health monitoring systems market over the forecast period.
- Stringent safety regulations: Commercial aviation authorities across the world have been introducing stringent safety regulations for airlines operating large passenger planes and cargo jets alike owing to several high-profile accidents in recent years. These regulations mandate regular inspection and maintenance of all critical components on board an aircraft, including its health monitoring system subsystems, which is expected to drive market growth during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Aircraft Health Monitoring Systems Market Research Report
By Type
Hardware, Software
By Application
Narrow-body, Wide-body, Regional jets
By Companies
Airbus, Boeing, GE Aviation, Rockwell Collins, United Technologies, Accellent Technologies, BeanAi, Meggitt, RSL Electronics
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Aircraft Health Monitoring Systems Market Report Segments:
The global Commercial Aircraft Health Monitoring Systems market is segmented on the basis of:
Types
Hardware, Software
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
Narrow-body, Wide-body, Regional jets
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
- GE Aviation
- Rockwell Collins
- United Technologies
- Accellent Technologies
- BeanAi
- Meggitt
- RSL Electronics
Highlights of The Commercial Aircraft Health Monitoring Systems 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:
- Hardware
- Software
- By Application:
- Narrow-body
- Wide-body
- Regional jets
- 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 Commercial Aircraft Health Monitoring Systems 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.
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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?
Commercial aircraft health monitoring systems (CAHS) are a suite of sensors and data acquisition devices installed on commercial aircraft to collect information about the health of the aircraft. CAHS can include sensors to measure air quality, temperature, pressure, humidity, and other environmental factors; as well as devices to monitor engine performance and flight controls.
Some of the major players in the commercial aircraft health monitoring systems market are Airbus, Boeing, GE Aviation, Rockwell Collins, United Technologies, Accellent Technologies, BeanAi, Meggitt, RSL Electronics.
The commercial aircraft health monitoring systems 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 Commercial Aircraft Health Monitoring Systems 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 Commercial Aircraft Health Monitoring Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Aircraft Health Monitoring Systems 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 Commercial Aircraft Health Monitoring Systems 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 Commercial Aircraft Health Monitoring Systems Market Size & Forecast, 2020-2028
4.5.1 Commercial Aircraft Health Monitoring Systems Market Size and Y-o-Y Growth
4.5.2 Commercial Aircraft Health Monitoring Systems 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 Hardware
5.2.2 Software
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 Narrow-body
6.2.2 Wide-body
6.2.3 Regional jets
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Aircraft Health Monitoring Systems 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 Commercial Aircraft Health Monitoring Systems 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 Hardware
9.6.2 Software
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 Narrow-body
9.10.2 Wide-body
9.10.3 Regional jets
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 Hardware
10.6.2 Software
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 Narrow-body
10.10.2 Wide-body
10.10.3 Regional jets
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 Hardware
11.6.2 Software
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 Narrow-body
11.10.2 Wide-body
11.10.3 Regional jets
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 Hardware
12.6.2 Software
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 Narrow-body
12.10.2 Wide-body
12.10.3 Regional jets
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 Hardware
13.6.2 Software
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 Narrow-body
13.10.2 Wide-body
13.10.3 Regional jets
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 Commercial Aircraft Health Monitoring Systems Market: Competitive Dashboard
14.2 Global Commercial Aircraft Health Monitoring Systems 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 GE Aviation
14.3.4 Rockwell Collins
14.3.5 United Technologies
14.3.6 Accellent Technologies
14.3.7 BeanAi
14.3.8 Meggitt
14.3.9 RSL Electronics
