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Aircraft Health Monitoring System Market Share

Report ID: GMI4748
Published Date: Sep 2023
Report Format: PDF

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Aircraft Health Monitoring System Market Share

Key players operating in aircraft health monitoring system market are :

Airbus
Boeing
United Technologies Corporation
Honeywell International
General Electric
Rockwell Collins
Meggitt
Rolls-Royce
Flyht
Curtiss-Wright
Safran
Air France KLM Engineering & Maintenance
Lufthansa Technik
Esterline
Embraer

The global market for aircraft health monitoring system is highly competitive owing to the presence of key players. Increasing investments in facility centers & acquisitions by industry participants are expected to expand their foothold in the commercial industry. Similarly, significant investments in R&D to gain technological competitiveness and aggressive business strategies, such as technological launches, collaborations & long-term agreements, to capture market shares are positively impacting the market growth.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Aircraft health monitoring system (AHMS) market size was USD 5.3 billion in 2022 and is anticipated witness over 6.5% CAGR between 2023 and 2032 driven by the strong emphasis on aviation safety and operational efficiency

Aircraft health monitoring system market size from the narrow-body aircraft platform segment is expected to witness over 5% CAGR from 2023-2032 due to wide adoption by airlines for short- to medium-haul routes

North America AHMS industry will gain traction through 2032 due to the rapid expansion of commercial aviation, driven by the rising middle-class population in the region

Some of the key aircraft health monitoring system companies are Airbus, Rockwell Collins, General Electric, Honeywell International, Boeing, United Technologies Corporation, and Meggitt