Global Aircraft Health Monitoring Market: Key Highlights
Global Aircraft Health Monitoring Market: Key Market Dynamics
Global Aircraft Health Monitoring Market: Regional Overview
Asia-Pacific is the fastest growing market in the aircraft health monitoring systems. Aircraft health monitoring is expected to show remarkable long term growth in the Asia-Pacific region. This high growth rate is likely to continue in the coming decades, a large number of aircraft are scheduled for future delivery to the airline operators in the region. This growth is predicted to impact the regional economic growth of the aviation industry in the region.
The aircraft health monitoring market is predicted to expand substantially in the European region. The aspects compelling growth of the market in this region covers technological advancements and significant investments in research and development. Current international projects for the development and trials of the aircraft health monitoring in Europe caters to the opportunity to attain improvement for current technology towards practical application. Thus, growing investments in technological advancements for aircraft monitoring system is expected to expand the market in the region.
Global Aircraft Health Monitoring Market: Key Players Overview
Airbus SE is an international pioneer in the aerospace industry. In April 2019, Airbus launched Skywise Health Monitoring (SHM) – with Allegiant Air on its A320s. With this monitoring system, Airbus provides a complete offering for diagnostics and troubleshooting activities, the airline can choose between a service provided by Airbus with AiRTHM or the autonomy of its maintenance control center with AIRMAN-web Expert.
Boeing Company is an aerospace company which designs, produces and sells aircraft, helicopters, satellites, information and communication system among other products worldwide. Aircraft health management is a part of Boeing services which offers information for better operational performance to the airline by converting available data with airline into insightful information.
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