PUNE, India, August 3, 2016 /PRNewswire/ --
The report "Aircraft Health Monitoring System Market by IVHM Technology (Prognostic, Diagnostic, CBM & Adaptive Control), Sub-System (Aero-Propulsion, Aircraft Structure, Avionics And Ancillary System), Fit, Type & Region - Global Forecast to 2021", published by MarketsandMarkets, the global market is projected to reach USD 4.71 Billion by 2021, at a CAGR of 6.53% from 2016 to 2021.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 95 market data Tables and 95 Figures spread through 167 Pages and in-depth TOC on"Aircraft Health Monitoring System Market"
http://www.marketsandmarkets.com/Market-Reports/aircraft-health-monitoring-systems-market-954.html
Early buyers will receive 10% customization On this report.
Increased need for short mission cycle time, reduced unscheduled maintenance, and increasing asset utilization along with cost effective maintenance and increasing volume of data generated to analyze the aviation aircraft are expected to drive the aircraft health monitoring systems market.
The diagnostics segment led the aircraft health monitoring system market in 2015
In terms of IVHM technology, the global aircraft health monitoring systems market has been segmented into diagnostics, prognostics, and condition-based maintenance & adaptive control. The diagnostics segment led the overall market, and is estimated to exhibit a similar trend during the next five years, due to the increase in maintenance, repair and operations for an aircraft.
The avionics segment is estimated to grow at the highest CAGR during the forecast period
The global Aircraft Health Monitoring Systems Market, by sub-system, has been segmented into aero-propulsion, aircraft structures, avionics, and ancillary systems. The avionics segment of the aircraft health monitoring systems market is estimated to grow at the highest CAGR during the forecast period, among all sub-systems. The growth is attributed to the increasing demand for advanced avionics from the airline industries.
The aircraft health monitoring system market Europe region to grow at the highest CAGR during the forecast period
The aircraft health monitoring system market in the Europe region is expected to grow at the highest CAGR between 2016 and 2021. Factors such as passenger traffic growth and increasing aircraft deliveries are fueling the aircraft health monitoring systems market growth in this region.
Inquiry Before Buying : http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=954
Airbus Group (Netherlands): One of the key players in the aircraft health monitoring systems market
The other major players in the aircraft health monitoring systems market are the Boeing Company (U.S.), United Technologies Corporation (U.S.), Honeywell International, Inc. (U.S.), and General Electric Company (U.S.).
Browse Related Reports
Aviation Analytics Market by End-User, Business Function (Finance, Operations, Maintenance & Repair, Sales & Marketing, Supply Chain) Application (Fuel, Flight Risk, Inventory & Revenue Management, Customer Analytics, Navigation) - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/aviation-analytics-market-26274177.html
Commercial Avionics Systems Market by Sub-System (FMS, FCS, CNS, HMS, and Electrical & Emergency Systems), Platform (Fixed Wing and Rotary Wing), Fit (Forward and Retro) and Geography - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/commercial-avionic-system-market-138098845.html
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog@ http://mnmblog.org/market-research/aerospace-defence
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
