The Asia Pacific aircraft health monitoring system market size reached US$ 1.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.0 Billion by 2028, exhibiting a growth rate (CAGR) of 7.4% during 2023-2028.
Aircraft health monitoring system (AHMS) refers to a real-time tool that is used to monitor and enhance flight safety and reduce operational time and maintenance costs. It functions by recording actions, performances, and status of aircraft components into a remote database. The collected data is then shared with ground operations through sensors installed at various damage hotspot locations throughout the aircraft structure or engine. AHMS technology is usually deployed in airlines and the aviation industry to foresee unexpected events and as a preventive measure to reduce the chances of unscheduled maintenance and disruption in operations.
The Asia Pacific aircraft health monitoring system market is primarily driven by the increasing usage of electronics in airplanes, especially with the introduction of a new field called avionics. Besides this, the growing number of aging aircraft and the rising commercial air traffic are also catalyzing the market growth. With the spread of coronavirus disease (COVID-19), the aviation industry is trying to minimize costs by deploying AHMS, which helps increase the profitability by improving safety and making flight operations more effective. Furthermore, the demand for AHMS is rising due to the growing utilization of database-related IT solutions and analytics products in countries across the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific aircraft health monitoring system market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on component, subsystem, end user, installation, fit, operation time and operation type.
Breakup by Component:
Breakup by Subsystem:
Breakup by End User:
Breakup by Installation:
Breakup by Fit:
Breakup by Operation Time:
Breakup by Operation Type:
Condition-Based Maintenance and Adaptive Control
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Base Year of the Analysis
Component, Subsystem, End User, Installation, Fit, Operation Time, Operation Type, Country
China, India, South Korea, Japan, Australia, Indonesia, Others
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
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The Asia Pacific aircraft health monitoring system market was valued at US$ 1.3 Billion in 2022.
We expect the Asia Pacific aircraft health monitoring system market to exhibit a CAGR of 7.4% during 2023-2028.
The increasing utilization of aircraft health monitoring systems for monitoring the lifecycle of aircraft components and predicting failures or malfunctions, such as over-heating of engines, high vibrations, low oil pressure, etc., is primarily driving the Asia Pacific aircraft health monitoring system market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several Asia Pacific nations, resulting in the decline of various aviation activities, thereby negatively impacting the Asia Pacific market for aircraft health monitoring systems.
Based on the component, the Asia Pacific aircraft health monitoring system market can be bifurcated into hardware, software, and services. Currently, hardware exhibits a clear dominance in the market.
Based on the subsystem, the Asia Pacific aircraft health monitoring system market has been categorized into aero-propulsion, avionics, ancillary systems, aircraft structures, and others. Among these, aero-propulsion currently accounts for the majority of the total market share.
Based on the end user, the Asia Pacific aircraft health monitoring system market can be segmented into commercial and military. Currently, commercial holds the largest market share.
Based on the installation, the Asia Pacific aircraft health monitoring system market has been divided into onboard and on ground, where onboard currently exhibits a clear dominance in the market.
Based on the fit, the Asia Pacific aircraft health monitoring system market can be categorized into linefit and retrofit. Currently, linefit accounts for the majority of the Asia Pacific market share.
Based on the operation time, the Asia Pacific aircraft health monitoring system market has been segregated into real-time and non-real-time, where non-real-time currently exhibits a clear dominance in the market.
Based on the operation type, the Asia Pacific aircraft health monitoring system market can be bifurcated into detection, diagnostics, condition-based maintenance and adaptive control, and others. Currently, detection holds the largest market share.
On a regional level, the market has been classified into China, Japan, India, South Korea, Australia, Indonesia, and others, where China currently dominates the Asia Pacific aircraft health monitoring system market.
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.
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
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.
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
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
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.
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.
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.