Aircraft Health Monitoring Market
Aircraft Health Monitoring Market Forecasts to 2028 – Global Analysis By Technology (Adaptive Control, Diagnostics), End User (Original Equipment Manufacturers (OEMs), Maintenance, Repair, Operating Supply) and By Geography
According to Stratistics MRC, the Global Aircraft Health Monitoring Market is accounted for $3.36 billion in 2020 and is expected to reach $8.81 billion by 2028 growing at a CAGR of 12.8% during the forecast period. Increasing use of engine condition monitoring (ECM) by airlines, real-time information for enhanced health management of aircraft and reduced maintenance costs with predictive monitoring and management of aircraft are driving the market growth. However, lack of uniform data standards and susceptibility to harsh working conditions is hampering the growth of the market.
Aircraft health monitoring systems are used to identify problems in the aircraft status and provide alternatives to fix the problems. Aircraft health monitoring systems are utilized as prognosis, diagnosis, detection and mitigation assistance devices. These systems are mainly used to reduce the operational and maintenance costs and improve flight safety.
Based on the platform, the commercial aviation segment is going to have lucrative growth during the forecast period owing to the high demand for health monitoring systems, solutions, and services. Airlines in the commercial sector are focused on implementing these solutions to reduce the operating costs of their air fleets, which will support the market growth over the projected period of time. By geography, Asia Pacific is going to have high growth during the forecast period due to increase in aircraft deliveries in the region.
Some of the key players profiled in the Aircraft Health Monitoring Market include Airbus Group, BAE Systems, Boeing International, Bombardier Inc., Embraer S.A, General Electric, Gulfstream Technology, Honeywell Inc., Meggitt PLC, Rockwell Collins, Rolls Royce Holdings, RSL Electronics Inc, Safran (Sagem), Ultra Electronics Holdings and United Technologies Corporation.
|
Report Coverage |
Details |
|
Published Year: |
2021 |
|
Estimated Market Size in 2020: |
USD 3.36billion |
|
Estimated Period: |
2020 |
|
Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
12.8% |
|
Predicted 2028 Value: |
USD 8.81billion |
|
Forecast Years: |
2021-2028 |
|
Tables, Graphs & Figures |
302 |
|
Chapters Covered: |
Platform, Installation, Fit, Solution, Operation Mode, System, Technology, End User and Region |
|
Core Drivers and Opportunities: |
|
|
Restraining Factors & Market Threats: |
|
Platforms Covered:
• Commercial
• Business & General
• Military Aviation
Installations Covered:
• Onboard
• On Ground
Fits Covered:
• Linefit
• Retrofit
Solutions Covered:
• Hardware
• Software
• Services
Operation Modes Covered:
• Real Time
• Non-Real-Time/ Post Flight
Systems Covered:
• Component Monitoring
• Engine Health Monitoring
• Structural Health Monitoring
Technologies Covered:
• Adaptive Control
• Diagnostics
• Prognostics
End Users Covered:
• Original Equipment Manufacturers (OEMs)
• Maintenance, Repair, and Operating Supply (MRO)
• Airlines
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Aircraft Health Monitoring Market is majorly driven by increasing use of engine condition monitoring (ECM) by airlines, real-time information for enhanced health management of aircraft and reduced maintenance costs with predictive monitoring and management of aircraft.
The commercial segment is growing at a highest CAGR owing to high demand for health monitoring systems, solutions, and services.
North America dominated with a significant market share due to the factors such as presence of key market players and countries like USA acting as growth engines.
Asia Pacific market is growing at a highest CAGR owing to significant development in air transport.
Key players in Aircraft Health Monitoring Market include Airbus Group, BAE Systems, Boeing International, Bombardier Inc., Embraer S.A, General Electric, Gulfstream Technology, Honeywell Inc., Meggitt PLC, Rockwell Collins, Rolls Royce Holdings, RSL Electronics Inc, Safran (Sagem), Ultra Electronics Holdings and United Technologies Corporation.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Aircraft Health Monitoring Market, By Platform
5.1 Introduction
5.2 Commercial
5.2.1 Narrow-Body Aircraft
5.2.2 Regional Transport Aircraft
5.2.3 Wide-Body Aircraft
5.2.3.1 Small Wide Body
5.2.3.2 Medium Wide body
5.2.4 Very Large Body
5.2.5 Turboprop
5.3 Business & General
5.3.1 Business Jets
5.3.2 Commercial Helicopters
5.3.3 Rotary Wing
5.4 Military Aviation
5.4.1 Fighter Aircraft
5.4.2 Transport Aircraft
5.4.3 Military Helicopters
5.4.4 Unmanned Aerial Vehicles (UAVs)
6 Global Aircraft Health Monitoring Market, By Installation
6.1 Introduction
6.2 Onboard
6.3 On Ground
7 Global Aircraft Health Monitoring Market, By Fit
7.1 Introduction
7.2 Linefit
7.3 Retrofit
8 Global Aircraft Health Monitoring Market, By Solution
8.1 Introduction
8.2 Hardware
8.2.1 Sensors
8.2.1.1 Engines & Auxiliary Power Units
8.2.1.2 Aerostructures
8.2.1.3 Ancillary Systems
8.2.2 Avionics
8.2.3 Flight Data Management Systems
8.2.4 Connected Aircraft Solutions
8.2.5 Ground Servers
8.3 Software
8.3.1 Onboard Software
8.3.2 Diagnostic Flight Data Analysis
8.3.3 Prognostic Flight Data Analysis Software
8.4 Services
8.4.1 Flight Health Monitoring Data Transmission
8.4.2 Flight Data Monitoring (FDM)
9 Global Aircraft Health Monitoring Market, By Operation Mode
9.1 Introduction
9.2 Real Time
9.3 Non-Real-Time/ Post Flight
10 Global Aircraft Health Monitoring Market, By System
10.1 Introduction
10.2 Component Monitoring
10.3 Engine Health Monitoring
10.4 Structural Health Monitoring
11 Global Aircraft Health Monitoring Market, By Technology
11.1 Introduction
11.2 Adaptive Control
11.3 Diagnostics
11.4 Prognostics
12 Global Aircraft Health Monitoring Market, By End User
12.1 Introduction
12.2 Original Equipment Manufacturers (OEMs)
12.3 Maintenance, Repair, and Operating Supply (MRO)
12.4 Airlines
13 Global Aircraft Health Monitoring Market, By Geography
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 Japan
13.4.2 China
13.4.3 India
13.4.4 Australia
13.4.5 New Zealand
13.4.6 South Korea
13.4.7 Rest of Asia Pacific
13.5 South America
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 Saudi Arabia
13.6.2 UAE
13.6.3 Qatar
13.6.4 South Africa
13.6.5 Rest of Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
15.1 Airbus Group
15.2 BAE Systems
15.3 Boeing International
15.4 Bombardier Inc.
15.5 Embraer S.A
15.6 General Electric
15.7 Gulfstream Technology
15.8 Honeywell Inc.
15.9 Meggitt PLC
15.10 Rockwell Collins
15.11 Rolls Royce Holdings
15.12 RSL Electronics Inc
15.13 Safran (Sagem)
15.14 Ultra Electronics Holdings
15.15 United Technologies Corporation
List of Tables
1 Global Aircraft Health Monitoring Market Outlook, By Region (2019-2028) (US $MN)
2 Global Aircraft Health Monitoring Market Outlook, By Platform (2019-2028) (US $MN)
3 Global Aircraft Health Monitoring Market Outlook, By Commercial (2019-2028) (US $MN)
4 Global Aircraft Health Monitoring Market Outlook, By Narrow-Body Aircraft (2019-2028) (US $MN)
5 Global Aircraft Health Monitoring Market Outlook, By Regional Transport Aircraft (2019-2028) (US $MN)
6 Global Aircraft Health Monitoring Market Outlook, By Wide-Body Aircraft (2019-2028) (US $MN)
7 Global Aircraft Health Monitoring Market Outlook, By Very Large Body (2019-2028) (US $MN)
8 Global Aircraft Health Monitoring Market Outlook, By Turboprop (2019-2028) (US $MN)
9 Global Aircraft Health Monitoring Market Outlook, By Business & General (2019-2028) (US $MN)
10 Global Aircraft Health Monitoring Market Outlook, By Business Jets (2019-2028) (US $MN)
11 Global Aircraft Health Monitoring Market Outlook, By Commercial Helicopters (2019-2028) (US $MN)
12 Global Aircraft Health Monitoring Market Outlook, By Rotary Wing (2019-2028) (US $MN)
13 Global Aircraft Health Monitoring Market Outlook, By Military Aviation (2019-2028) (US $MN)
14 Global Aircraft Health Monitoring Market Outlook, By Fighter Aircraft (2019-2028) (US $MN)
15 Global Aircraft Health Monitoring Market Outlook, By Transport Aircraft (2019-2028) (US $MN)
16 Global Aircraft Health Monitoring Market Outlook, By Military Helicopters (2019-2028) (US $MN)
17 Global Aircraft Health Monitoring Market Outlook, By Unmanned Aerial Vehicles (UAVs) (2019-2028) (US $MN)
18 Global Aircraft Health Monitoring Market Outlook, By Installation (2019-2028) (US $MN)
19 Global Aircraft Health Monitoring Market Outlook, By Onboard (2019-2028) (US $MN)
20 Global Aircraft Health Monitoring Market Outlook, By On Ground (2019-2028) (US $MN)
21 Global Aircraft Health Monitoring Market Outlook, By Fit (2019-2028) (US $MN)
22 Global Aircraft Health Monitoring Market Outlook, By Linefit (2019-2028) (US $MN)
23 Global Aircraft Health Monitoring Market Outlook, By Retrofit (2019-2028) (US $MN)
24 Global Aircraft Health Monitoring Market Outlook, By Solution (2019-2028) (US $MN)
25 Global Aircraft Health Monitoring Market Outlook, By Hardware (2019-2028) (US $MN)
26 Global Aircraft Health Monitoring Market Outlook, By Sensors (2019-2028) (US $MN)
27 Global Aircraft Health Monitoring Market Outlook, By Avionics (2019-2028) (US $MN)
28 Global Aircraft Health Monitoring Market Outlook, By Flight Data Management Systems (2019-2028) (US $MN)
29 Global Aircraft Health Monitoring Market Outlook, By Connected Aircraft Solutions (2019-2028) (US $MN)
30 Global Aircraft Health Monitoring Market Outlook, By Ground Servers (2019-2028) (US $MN)
31 Global Aircraft Health Monitoring Market Outlook, By Software (2019-2028) (US $MN)
32 Global Aircraft Health Monitoring Market Outlook, By Onboard Software (2019-2028) (US $MN)
33 Global Aircraft Health Monitoring Market Outlook, By Diagnostic Flight Data Analysis (2019-2028) (US $MN)
34 Global Aircraft Health Monitoring Market Outlook, By Prognostic Flight Data Analysis Software (2019-2028) (US $MN)
35 Global Aircraft Health Monitoring Market Outlook, By Services (2019-2028) (US $MN)
36 Global Aircraft Health Monitoring Market Outlook, By Flight Health Monitoring Data Transmission (2019-2028) (US $MN)
37 Global Aircraft Health Monitoring Market Outlook, By Flight Data Monitoring (FDM) (2019-2028) (US $MN)
38 Global Aircraft Health Monitoring Market Outlook, By Operation Mode (2019-2028) (US $MN)
39 Global Aircraft Health Monitoring Market Outlook, By Real Time (2019-2028) (US $MN)
40 Global Aircraft Health Monitoring Market Outlook, By Non-Real-Time/ Post Flight (2019-2028) (US $MN)
41 Global Aircraft Health Monitoring Market Outlook, By System (2019-2028) (US $MN)
42 Global Aircraft Health Monitoring Market Outlook, By Component Monitoring (2019-2028) (US $MN)
43 Global Aircraft Health Monitoring Market Outlook, By Engine Health Monitoring (2019-2028) (US $MN)
44 Global Aircraft Health Monitoring Market Outlook, By Structural Health Monitoring (2019-2028) (US $MN)
45 Global Aircraft Health Monitoring Market Outlook, By Technology (2019-2028) (US $MN)
46 Global Aircraft Health Monitoring Market Outlook, By Adaptive Control (2019-2028) (US $MN)
47 Global Aircraft Health Monitoring Market Outlook, By Diagnostics (2019-2028) (US $MN)
48 Global Aircraft Health Monitoring Market Outlook, By Prognostics (2019-2028) (US $MN)
49 Global Aircraft Health Monitoring Market Outlook, By End User (2019-2028) (US $MN)
50 Global Aircraft Health Monitoring Market Outlook, By Original Equipment Manufacturers (OEMs) (2019-2028) (US $MN)
51 Global Aircraft Health Monitoring Market Outlook, By Maintenance, Repair, and Operating Supply (MRO) (2019-2028) (US $MN)
52 Global Aircraft Health Monitoring Market Outlook, By Airlines (2019-2028) (US $MN)
Note: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
