According to the latest report by IMARC Group, titled “Europe Aircraft Health Monitoring System Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the europe aircraft health monitoring system market is expected to continue its moderate growth during the forecast period (2021-2026).
Aircraft health monitoring system (AHMS) refers to a set of tools, solutions, and techniques employed for remote monitoring of the airplane data. It primarily monitors the lifecycle of aircraft components and predicts possible failures and malfunctions, such as high vibrations, over-heating of engines, hard landing, and low oil pressure. AHMS uses real-time data captured through different sensors installed on the aircraft. It involves automated engine trend, airframe threshold exceedance, and remote system diagnostic reporting. As a result, AHMS is implemented to enhance safety and reliability, reduce maintenance and operational costs, minimize downtime, and mitigate system failures.
Request Free Sample Report: https://www.imarcgroup.com/europe-aircraft-health-monitoring-system-market/requestsample
Note: 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.
Market Trends:
The Europe AHMS market is majorly being driven by the rapid establishment of significant air routes and the increasing air traffic in the region. This is further supported by the rising number of commercial aircraft, reduced airfare, expansion in the tourism industry, and growing incidents of aircraft accidents. Additionally, the European Union (EU) and airport authorities in the region are consistently investing in the improvement and establishment of new airports, which is acting as a growth-inducing factor. Moreover, various technological advancements, like the Internet of Things (IoT) and wireless sensors for enhanced situational awareness, are also contributing to the market growth across the region.
Breakup by Component:
- Hardware
- Software
- Services
Breakup by Subsystem:
- Aero-Propulsion
- Avionics
- Ancillary Systems
- Aircraft Structures
- Others
Breakup by End User:
- Commercial
- Military
Breakup by Installation:
- Onboard
- On Ground
Breakup by Fit:
- Linefit
- Retrofit
Breakup by Operation Time:
- Real-Time
- Non-Real-Time
Breakup by Operation Type:
- Detection
- Diagnostics
- Condition-Based Maintenance and Adaptive Control
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/europe-aircraft-health-monitoring-system-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
More Stories
Siding Installation Contractor Troy MI: How to Choose the Right One for Your Home?
How to Choose the Best Roofing Contractor in Lake Grove, NY? Practical Tips for Homeowners
Is It Time for a Roof Replacement in St James NY? Key Tips You Need to Know!