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Aircraft Health Monitoring System Market Size

Report ID: GMI4748 Published Date: December 2024Report Format: PDF
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Aircraft Health Monitoring System Market Size

The global aircraft health monitoring system market was valued at USD 6.7 billion in 2024 and is estimated to grow at a CAGR of 7.1% from 2025 to 2034.

 

Aircraft Health Monitoring System Market

The aviation industry is experiencing increased adoption of predictive maintenance technologies to improve operational efficiency and reduce downtime. This trend is advancing the development of engine health monitoring systems that enable real-time data collection and analysis for failure prevention.

For instance, GE Aerospace and PHI Aviation have initiated a pilot program implementing GE's digital engine health monitoring technology for CT7-8 engines, with support from its fleet support team. The program aims to enhance and extend the technology for use across CT7-8 and other CT7 variant operators. The CT7-8 engine powers Sikorsky's S-92 helicopter, with PHI operating 34 S-92s as the launch customer. PHI deploys these helicopters for offshore energy operations, onshore mining, marine pilot transfer, air medical services, search and rescue operations, and technical support services.

IoT and big data analytics enhance the aircraft health monitoring system (AHMS) market through real-time monitoring and predictive analysis. IoT sensors on aircraft gather operational data, including engine performance, temperature, vibration levels, and fuel efficiency metrics. Cloud platforms process this data using analytics tools to identify anomalies, forecast potential failures, and optimize maintenance schedules. This technology improves operational efficiency, minimizes unplanned downtime, and strengthens safety through data-driven decision-making. The ability to extract practical insights from complex data is increasing AHMS adoption among airlines and fleet operators. The combination of IoT and big data analytics enables effective communication between aircraft systems and ground operations, creating an integrated aviation network.

Author: Suraj Gujar, Partha Paul
Frequently Asked Question(FAQ) :

Who are the major players in the aircraft health monitoring system industry?+

Key players in the market include Air France KLM, Airbus SE, Boeing, Curtiss-Wright Corporation, Embraer, FLYHT Aerospace Solutions Ltd., General Electric, Honeywell International Inc, Lufthansa, Meggitt PLC, Rolls-Royce PLC, Safran Group, and Teledyne Controls LLC.

How big is the aircraft health monitoring system market?+

The global market size for aircraft health monitoring system was valued at USD 6.7 billion in 2024 and is projected to reach USD 13.1 billion by 2034, driven by a CAGR of 7.1% during the forecast period, fueled by the increasing adoption of predictive maintenance technologies in aviation.

What is the market share of the hardware segment in the aircraft health monitoring system industry?+

The hardware segment held the largest market share of 46.7% in 2024, driven by the demand for high-quality sensors and monitoring systems that enable real-time data collection and analysis for engine performance optimization.

How much is the North America aircraft health monitoring system market worth?+

The North America market is expected to exceed USD 5 billion by 2034, supported by the presence of major aerospace manufacturers and operators, along with increasing investments in IoT and machine learning technologies.

Aircraft Health Monitoring System Market Scope

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