According to the latest report by IMARC Group, titled “Asia Pacific Aircraft Health Monitoring System Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the asia pacific aircraft health monitoring system market is expected to continue its moderate growth during the forecast period (2021-2026).
Aircraft health monitoring systems (AHMS) are a set of tools, solutions, and techniques employed to remotely monitor the airplane data. It uses real-time data captured through different sensors installed on the aircraft to monitor the lifecycle of aircraft components and predict possible failures. Some of the common malfunctions include high vibrations, over-heating of engines, hard landing, and low oil pressure. Consequently, AHMS is implemented to enhance safety and reliability, minimize downtime, mitigate system failures and reduce maintenance and operational costs.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The Asia Pacific AHMS market is being driven by the rapid establishment of significant air routes and the increasing air traffic in the region. The airport authorities in the region are also consistently investing in the improvement and establishment of new airports, which is contributing to the market growth further. Moreover, the upgradation of the existing aircraft with next-generation systems, such as the Internet of Things (IoT) and wireless sensors, for advanced maintenance monitoring and aviation analytics are acting as another growth-inducing factor. This is further supported by the growing need for enhanced situational awareness due to the multiplying incidents of aircraft accidents.
Base Year: 2020
Forecast Year: 2021-2026
Asia Pacific Aircraft Health Monitoring System Market 2021-2026 Analysis and Segmentation:
The report has segmented the market on the basis on country, component, subsystem, end user, installation, fit, operation time, operation Type.
Breakup by Component:
Breakup by Subsystem:
- Ancillary Systems
- Aircraft Structures
Breakup by End User:
Breakup by Installation:
- On Ground
Breakup by Fit:
Breakup by Operation Time:
Breakup by Operation Type:
- Condition-Based Maintenance and Adaptive Control
Breakup by Country :
- South Korea
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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