Aircraft Health Monitoring Market Worth 5.43 Billion USD by 2023 | Aircraft Health Monitoring Software Techniques | MarketsandMarkets

According to the new market research report on “Aircraft Health Monitoring Market by Aircraft Type (Commercial, Business, Rotary, Military), Operation Time (Real-Time, Non-Real-Time), Installation (Onboard, On Ground), Fit (Linefit, Retrofit), Solution, and Region – ****** Forecast to 2023”, published by MarketsandMarkets™ , the market is projected to grow from USD 3.74 billion in 2018 to USD 5.43 billion by 2023, at a CAGR of 7.77% from 2018 to 2023.

Ask for PDF Brochure:

https://www.marketsandmarkets.com/pdfdownload.asp?id=954

Browse 163 market data Tables and 48 Figures spread through 199 Pages and in-depth TOC on “Aircraft Health Monitoring Market”

https://www.marketsandmarkets.com/Market-Reports/aircraft-health-monitoring-systems-market-954.html

Early buyers will receive 10% customization on this report.

Availability of real-time information for better decision-making, rise in the number of aviation accidents, increase in adoption of connected aircraft solutions, and availability of massive amount of data generated from sensors are major factors driving the aircraft health monitoring market.

Based on installation, the onboard segment is the a higher rate during the forecast period.

Based on installation, the onboard segment of the aircraft health monitoring market is projected to grow at a higher CAGR during the forecast period as compared to the on ground segment. The growth of the onboard segment can be attributed to the increase in demand for highly connected aircraft systems.

Based on solution, the hardware segment is estimated to lead the AHM market in 2018.

Based on solution, the hardware segment is estimated to lead the aircraft health monitoring market in 2018. The growth of this segment can be attributed to the rise in the application of sensors in engines, aerostructures, and other parts of the aircraft. Installation of ACARS and flight data management systems in aircraft have also increased the adoption of hardware solutions.

Ask For Free Sample Report:

https://www.marketsandmarkets.com/requestsample.asp?id=954

The Asia Pacific market is expected to witness the highest growth during the forecast period.

Among regions, the Asia Pacific aircraft health monitoring market is projected to witness the highest growth during the forecast period. Factors responsible for the growth of the aircraft health monitoring market in Asia Pacific include According to IATA, the Revenue Passenger Kilometers (RPK) growth in this region was 9.1% in 2017. The region is a diverse mix of countries and aviation requirements; it is projected that by 2033, it will witness the highest number of aircraft deliveries than any other region. The increase in aircraft deliveries will eventually lead to the increase in the aircraft health monitoring market, which will further drive the market for avionics systems.

Major companies profiled in the aircraft health monitoring market report are Boeing (US), Airbus (Netherlands), United Technologies Corporation (US), General Electric (US), Honeywell (US), and Rockwell Collins (US), among others. Other major players include Rolls Royce (UK), Safran (France), FLYHT (Canada), Curtiss-Wright (US), Esterline (US), Meggitt (UK), GoGo (US), Inmarsat (UK), and SITA (Switzerland) among others.

Know more about the Aircraft Health Monitoring Market

https://www.marketsandmarkets.com/Market-Reports/aircraft-health-monitoring-systems-market-954.html

Browse More Report:

Business Jet Market by Aircraft Type (Light Jet, Mid-size Jet, Large Jet), by Geography (North America, Asia-Pacific, Europe, the Middle East, Latin America, and Africa) – ****** Forecasts, Trends & Analysis to 2014 – 2020

https://www.marketsandmarkets.com/Market-Reports/business-jet-market-33698426.html

Military Electro-Optics/Infrared (EO/IR) Systems Market by Platform, System (Targeting, Imaging), Technology (Uncooled, Cooled), Sensor Technology (Staring, Scanning), Imaging Technology (Hyperspectral, Multispectral), and Region – ****** Forecast to 2022

https://www.marketsandmarkets.com/Market-Reports/electro-optical-market-234736604.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of ****** Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking ****** high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : +1-888-600-6441

Email: sales@marketsandmarkets.com
Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

 

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.