The Global aircraft Health Monitoring Systems (HMS) market covers narrow body, wide body, very large aircrafts and RTA. At component segmentation level the report covers HMS for aero-propulsion systems, aircraft structures and ancillary systems. Research methodology includes primary and secondary sources; based on which we calculate the market size.

An aircraft health monitoring systems has the ability to detect and interpret adverse changes in the critical parts of an aircraft like propellers, fuselage, wings, tail, brakes, wheels, environmental control systems etc. These systems collect diagnostic and prognostic information from an aircraft and have the capability to make appropriate decisions about maintenance actions based on available resources.

The estimated revenue for aircraft health monitoring systems market has increased from $896.0 million in 2012 to $992.0 million in 2017 globally. The CAGR of 2012 to 2017 is estimated to be 2.1%. The revenues for aircraft health monitoring systems market show an increase over the forecasted period and will continue to be a fast evolving market.

The report includes analysis of high growth markets, competitive scenario, segmentation by aircraft type and health monitoring systems type along with its trends and opportunities. The forecast is detailed which covers specific HMS systems across each aircraft model. The market potential for retrofit and line fit have also been discussed separately in detail.

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