Global Aircraft Health Monitoring System (AHMS) Market – Overview
Global middle-class population is booming, which means more people are travelling by air, which is one of the main reason responsible for the rise in aircraft fleet across the globe. In order to reduce the aircraft down time, various aircraft manufacturers and maintenance companies are trying different methods for effective maintenance, repair and overhaul of the aircrafts.
The aircraft health monitoring system has become one of the most trending topics in today’s aircraft industry. Aircraft health monitoring system helps to improve the dependability of the aircraft by shortening its downtime. The Aircraft Health Monitoring System (AHMS) includes the application of advanced software and hardware along with vast data analysis in order to increase the efficiency of an oil and gas field.
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Aircraft Health Monitoring System (AHMS) Market – Key Segments
Aircraft Health Monitoring System (AHMS) market is classified as sub-system, type and integrated vehicle health management (IVHM).
On the basis of subsystem the aircraft health monitoring system market can be further classified as
- ancillary systems
- avionics
- aero-propulsion
- aircraft structures.
On the basis of type the aircraft health monitoring system market can be divided as
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Aircraft Health Monitoring System (AHMS) Market – Key Manufacturers
Airbus S.A.S., GE, Rolls-Royce plc and Boeing are some of the key players of the Aircraft Health Monitoring System (AHMS) market. Some other prominent players of the Aircraft Health Monitoring System (AHMS) market are Rockwell Collins, Meggitt PLC, RSL, United Technologies Corporation, Ultra Electronics Holdings PLC and others.
The research report presents a comprehensive assessment of the Aircraft Health Monitoring System (AHMS) market and contains thoughtful insights, facts and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Aircraft Health Monitoring System (AHMS) market report provides analysis and information, according to market segments such as geographies, application and industry.
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Aircraft Health Monitoring System (AHMS) Market – Market Dynamics
Historically, air travel has witnessed significant growth around the world. Developing economies and growing middle-class has additionally heightened the development of the industry. Economy and income growth has additionally upheld travel and tourism industry, which is thus enforcing the account of air travel across the world. According to the Federal Aviation Administration (FAA), around 5,000 airplanes fly at a given moment in United States. This substantial air traffic interprets huge number of take-offs and landings.
The above discussed facts are some the prominent factors fueling the need for Aircraft Health Monitoring System (AHMS) in the market. OEM has been investing heavily in integration of different technologies such as big data in Aircraft Health Monitoring System (AHMS). The integration of big data allows them to process larger data set incorporating structural condition of aircraft along with the environmental condition.
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