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SOURCE Research and Markets
DUBLIN, Jan. 3, 2013 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/smhv7j/global_commercial) has announced the addition of the "2013 Report on the International Commercial Aircraft Health Monitoring Systems Market - Includes Forecasts to 2017" report to their offering.
Aircraft Health Monitoring System (HMS) is an evolving technology that takes a proactive maintenance approach rather than an existing reactive maintenance model. HMS approach enables aircraft maintenance engineers to replace a component and thereby avoid AOG (Aircraft on Ground). The main objective behind this report is to identify the emerging trends in this growing market and understand the market dynamics during the study period 2012-2017.
The current market size is estimated to be US$896 Million. Aircraft Health Monitoring System (HMS) is expected to grow at a CAGR of 2.06% during the forecasted period (2012-2017). Aircraft HMS market covers Aero-propulsion systems, Aircraft structures and Ancillary systems. The Aero-propulsion systems include power units, engines and other mechanical systems that are driven by primary and auxiliary power units. Aircraft Structures include all the structural elements of an aircraft and its sub-systems. These aircraft structures include fuselage, flight control systems, wings and others. The Ancillary systems are used to ensure safety and reliability perspectives and these systems include brakes, power distribution systems, environmental control systems etc.
Application Aircraft HMS can provide more significant benefits of quicker and reliable maintenance and will also reduce the cost of ownership and ensure safety. The health monitoring systems for aircraft is segmented into three types of HMS as Aero-Propulsion systems, Aircraft Structures and Ancillary Systems. The market size estimation will be $896.0 million in 2012 to $992.0 million in 2017. The estimated CAGR for 2012 to 2017 is 2.1%. Revenues for the global market can be projected to increase year on year, on an average of 2.1%. The Aircraft Health Monitoring Systems Market is projected to increase over the forecast period from 2012 to 2017.
Key Topics Covered:
2 Executive Summary
3 Market Overview
3.1 Market Definition
3.2 Aircraft Health Monitoring Systems Overview
3.3 Benefits Of Aircraft Health Monitoring Systems
3.4 Technological Advancements
3.5 Market Segmentation
4 Market Dynamics
5 Market Analysis & Forecast
5.1 Market Analysis, By Aircraft Type
5.2 By HMS Type
5.3 By Aircraft Fit Type
6 Competitive Landscape
6.1 Concentration Of Aircraft Health Monitoring Systems Companies
6.2 Aircraft Health Monitoring Systems Market Shares, By Companies
7 Company Profiles
For more information visit http://www.researchandmarkets.com/research/smhv7j/global_commercial
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