Commercial, Embedded Avionics

Asia, Middle East Adoption Responsible for Major Growth in AHMS Market

By Juliet Van Wagenen | January 28, 2016
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[Avionics Today 01-28-2016] A market study released by Technavio predicts the size of the global commercial Aircraft Health Monitoring Systems (AHMS) market to grow at a Compound Annual Growth Rate (CAGR) of close to 8 percent until 2020.

“Rapidly growing aviation markets in Asia and the Middle East have been at the forefront in terms of the adoption of health monitoring systems technologies for commercial aircrafts, and have positively impacted the growth of the global aircraft structural health monitoring systems market. Therefore, the market is currently witnessing a majority of the aircraft engine [Maintenance, Repair and Overhaul] MRO works being outsourced to these regions,” said Abhay Singh, industry analyst for aerospace components and a subject matter expert at Technavio.

The report attributes these developments to the increasing demand for air travel from countries such as China and India. Other East Asian countries have also recorded rapid growth in air traffic, showing immense potential as key emerging markets for commercial aircraft health monitoring systems.
This market research study indicates significant investments flowing into R&D activities of various segments of structural health monitoring (SHM), and this trend is expected to drive the global commercial health monitoring systems market through 2020.

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