United States Aircraft Health Monitoring Market to Reach US$ 2.6 Billion by 2028, Propelled by Growing Air Passenger Traffic

April 24, 2023 | Aerospace and Defense

The latest report by IMARC Group, titled “United States Aircraft Health Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,” finds that the united states aircraft health monitoring market size reached US$ 1.5 Billion in 2022. An aircraft health monitoring system (AHMS) comprises numerous techniques and solutions deployed to remotely monitor the condition and performance of an airplane in real time. It includes tracking the performance of the engine, systems including fuel, electric, and hydraulic systems, along with the structural integrity of the aircraft. It helps predict potential aircraft failures and malfunctions, such as high vibrations, low oil pressure, overheating engines, and hard landings. This system involves remote systems diagnostics, automated engine trend reporting, and engine/airframe threshold exceedance reporting. It can minimize downtime, identify potential problems, schedule maintenance, and increase safety. As a result, AHMS is gaining immense traction in commercial and military sectors across the region. 

United States Aircraft Health Monitoring Market Trends:

The market is primarily driven by the increasing demand for aircraft health monitoring systems (AHMS) for real-time data from airlines. In addition, the rising number of aircraft deliveries due to the growing air passenger traffic is contributing to the market growth. Moreover, various technological advancement, such as the introduction of data analytics techniques such as machine learning (ML) and artificial intelligence (AL) to monitor airlines and use real-time sensor data to track the performance of the engines and predict when the maintenance will be required represents another major growth-inducing factor. Besides this, AHMS technology provides several benefits as it reduces overall maintenance, minimizes operational detection and costs, prognosis, diagnosis, and mitigation of system failures in aircraft components, accelerating product adoption rate. Along with this, several governments are implementing policies regarding improved safety due to increasing instances of aviation accidents, further propelling the market growth. Furthermore, the growing profitability of airlines and escalating demand for information and technology (IT) solutions are creating a positive market outlook. Looking forward, IMARC Group expects the market value to reach US$ 2.6 Billion by 2028, exhibiting a CAGR of 10% during the forecast period (2023-2028). 

Market Summary:

  • Based on the component, the market has been classified into hardware, software, and services.
  • On the basis of the subsystem, the market has been segmented into aero-propulsion, avionics, ancillary systems, aircraft structures, and others.
  • Based on the end user, the market has been bifurcated into commercial and military.
  • On the basis of the installation, the market has been segregated into onboard and on ground.
  • Based on the fit, the market has been categorized into linefit and retrofit.
  • On the basis of the operation time, the market has been classified into real-time and non-real-time.
  • Based on the operation type, the market has been segmented into detection, diagnostics, condition-based maintenance and adaptive control, and others.
  • On the geographical front, the market has been divided into Northeast, Midwest, South, and West.
  • The competitive landscape of the industry has also been examined in the report, along with the profiles of the key players operating in the industry.

Report Scope:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Components Covered Hardware, Software, Services
Subsystems Covered Aero-Propulsion, Avionics, Ancillary Systems, Aircraft Structures, Others
End Users Covered Commercial, Military
Installations Covered Onboard, On Ground
Fits Covered Linefit, Retrofit
Operation Times Covered Real-Time, Non-Real-Time
Operation Types Covered Detection, Diagnostics, Condition-Based Maintenance and Adaptive Control, Others
Regions Covered Northeast, Midwest, South, West
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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:

134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
United States Aircraft Health Monitoring Market to Reach US$ 2.6 Billion by 2028, Propelled by Growing Air Passenger Traffic
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More