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Global Commercial Aircraft Health Monitoring Systems (AHMS) Market Trends and Forecasts 2017-2021

(I-TravelNewswire.Com, May 13, 2017 ) Aircraft health monitoring systems (AHMS) collect data in real time from the aircraft fleet and make it available to ground operations. Various sensors are installed at various damage hotspots throughout aircraft structure/engine, which provide an early detection of anomaly (or initiation of crack/fatigue). Thus, necessary preventive measures can be implemented on-time, which reduces the chances of critical damage and major system failure. The abovementioned advantages of AHMS result in the installation of these systems by airline operators in their aircraft. Keeping this in consideration, aircraft manufacturers are currently focusing on integrating these systems in new aircraft, and maintenance, repair, and overhaul (MRO) providers are upgrading the systems in the old fleet.

Technavios analysts forecast the global commercial aircraft health monitoring systems market to grow at a CAGR of 7.19% during the period 2017-2021.

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AHMS assists the airline operators by providing aircrafts real-time operational condition and giving feeds on the maintenance requirements thus, reducing the downtimes for airplanes. Additionally, the sensors are embedded in hard-to-reach areas of aircraft, which enhances airplane safety and reduces the time required to detect the faults. Furthermore, these systems use aircraft integrated sensors, which automatically and remotely evaluate aircraft structure in real time and transmit signals for the need of maintenance and non-destructive inspection technologies, which help in the examination of the aircraft and their components for damage without affecting their utility.

One of the latest trends that will gain traction in the commercial aircraft health monitoring systems (AHMS) market in the coming years is the implementation of real-time monitoring in aircraft. The implementation of real-time monitoring systems in the airplane helps operators efficiently oversee the flight performance and engine effectiveness. Additionally, these systems also enable proper and precise maintenance, which would help in reducing the overall maintenance and repair costs of an aircraft. Furthermore, these systems alert ground staff and maintenance crew beforehand to facilitate faster response and reduce the overall turnaround time of an aircraft.

Browse Full Report with TOC - http://www.marketresearchhub.com/report/global-commercial-aircraft-health-monitoring-systems-ahms-market-2017-2021-report.html

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Commercial Aircraft Health Monitoring Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Airbus
Boeing
GE Aviation
Rockwell Collins
UTC

Other prominent vendors
Lufthansa Technik
Tech Mahindra

Market driver
Growing usage of fiber optic sensors.
For a full, detailed list, view our report

Market challenge
Difficulties in embedding sensors in aircraft.
For a full, detailed list, view our report

Market trend
Implementation of real-time monitoring in aircraft.
For a full, detailed list, view our report

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