According to a new market research report the total Commercial Aircraft Health Monitoring Systems market is expected to reach $992.0 Million by 2017 with a CAGR of 2.1%.
DALLAS – According to a new market research report, Global Commercial Aircraft Health Monitoring Systems Market, authored by MarketsandMarkets, the total Commercial Aircraft Health Monitoring Systems market is expected to reach $992.0 Million by 2017 with a CAGR of 2.1%.
Browse 80 tables, 83 figures spread through 128 pages and in-depth TOC on “Global Commercial Aircraft Health Monitoring Systems Market”.
Early buyers will receive 10% customization of reports
Global Commercial Aircraft Health Monitoring Systems Market is based on the data collected and researched; with the help of primary sources and secondary sources. The report covers the revenues and health monitoring systems installed on various types of aircraft models and the type of HMS which includes line fit and retrofit market.
Aircraft Health Monitoring systems collect diagnostic and prognostic information from an aircraft and have the capability to make appropriate decisions about maintenance actions based on available resources. An aircraft may develop cracks, structural damages due to ground handling, bird hit, lightening strike etc. These cracks or damages may grow to critical sizes over a period of time and can lead to failure. Hence health monitoring systems of an aircraft can reduce unscheduled maintenance and downtime and improve aircraft performance and safety.
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.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
