Market Share of Aircraft Health Monitoring Systems Industry
Airbus SE, The Boeing Company, Collins Aerospace (United Technologies Corporation), Honeywell International Inc. and GE Aviation amongst others are some of the major players in the market. Although the health management systems are produced by the engine manufacturers and the MRO providers, aircraft OEMs, like Airbus and Boeing, are offering their health monitoring solutions to drive the aftermarket revenues. Players may make use of emerging technologies, like smart sensors, in designing new types of aircraft health monitoring systems, and thereby increase their market share by attracting new customers. Product innovation and investment in R&D may play a vital role in the success of the new and existing players in this market in the coming years. For product innovations, various stakeholders (MRO providers, aircraft OEMs, technology providers, and airlines) in the market are collaborating to develop and manufacture new AHM and predictive maintenance solutions.
Aircraft Health Monitoring System Market Leaders
Airbus SE
The Boeing Company
Collins Aerospace (United Technologies Corporation)
Honeywell International Inc.
GE Aviation
*Disclaimer: Major Players sorted in no particular order
