Market Overview:

The Europe aircraft health monitoring system market is currently witnessing moderate growth. Aircraft health monitoring system, or AHMS, is a collection of solutions and techniques that are utilized for remote monitoring airplane data. It monitors the lifecycle of aircraft components and predicts failures or malfunctions like over-heating of engines, high vibrations, low oil pressure, and hard landing. The technology makes use of real-time data, which is captured via pre-installed sensors on the aircraft components. AHMS also reports on automated engine trends along with remote systems diagnostics and engine and airframe threshold exceedance reporting. It is also implemented to minimize the overall maintenance and operational costs and for the detection, diagnosis, prognosis, and mitigation of system failures.

The Europe aircraft health monitoring system market is primarily driven by the recovering economy and the increase in fleet size. Apart from this, airports in Europe, like Heathrow and Frankfurt, handle some of the largest air traffic volumes globally, which makes the regional market quite prominent for aircraft health monitoring systems. Besides this, air routes have significant value in Europe as it is strategically located between Asia and America. The development of IT and data analytics also remains a key factor in propelling the market growth. Furthermore, various technological advancements like the Internet of Things (IoT) and the use of wireless sensors to monitor maintenance needs and aviation analytics are also contributing to the market. Moreover, the significant growth of the commercial and defense aviation industries, the growing need for enhanced situational awareness and increasing instances of aircraft accidents are some of the other factors that have escalated the demand for AHMS in the region. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe aircraft health monitoring system market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, component, subsystem, end user, installation, fit, operation time and operation type.

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 competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

• How has the Europe aircraft health monitoring system market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Europe aircraft health monitoring system market?
• What are the key regional markets?
• What is the breakup of the market based on the component?
• What is the breakup of the market based on the subsystem?
• What is the breakup of the market based on the end user?
• What is the breakup of the market based on the installation?
• What is the breakup of the market based on the fit?
• What is the breakup of the market based on the operation time?
• What is the breakup of the market based on the operation type?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Europe aircraft health monitoring system market and who are the key players?
• What is the degree of competition in the industry?