The Aircraft Health and Usage Monitoring System (AHMS) aims to monitor, diagnose, and predict aircraft status in real-time. This system collects operational data of aircraft, evaluates their health status, and provides decision support for pilots and maintenance personnel, helping to improve flight safety, reduce accident risks, and lower maintenance costs.

The aircraft health and usage monitoring system is similar to the human "nervous system" on the aircraft. Sensors act as "nerves" to collect material "injury" signals and feedback them to the "brain" server. The server evaluates the health status of the aircraft, predicts faults, and makes support decisions to ensure flight safety.

Overview of Market Development

The global aircraft health and usage monitoring system market is experiencing steady growth and demonstrating broad prospects. With the continuous advancement of aviation technology, especially the integration and application of technologies such as the Internet of Things, big data, and artificial intelligence, aircraft health and usage monitoring systems have achieved significant results in performance improvement and accuracy enhancement, promoting the expansion of market size.

According to our research data, the global aircraft health and usage monitoring system market size is estimated to be $976 million in 2024, an increase of 6.89% from 2023, and is expected to continue growing to $1319 million by 2029. The CAGR for 2024-2029 is estimated to be 6.21%.

Analysis of Market Competition Pattern

From the perspective of market competition, the global market concentration of aircraft health and usage monitoring systems is relatively high. According to our data, the total revenue share of aircraft health and usage monitoring systems for the top 3 companies in 2023 is 49.20%. The top three companies were Honeywell, Collins Aerospace, and GE Aviation. In 2023, these three companies accounted for 20.52%, 14.50%, and 14.18% of the global market revenue in the aircraft health and usage monitoring system market, respectively.

Source: www.globalmarketmonitor.com

Application Market Analysis

From the perspective of application types, aircraft health and usage monitoring systems can be used for fuselage structural vibration analysis, gearbox analysis, and bearing analysis. Among them, the fuselage structural vibration analysis occupies the highest market share in the application market, estimated to be 43.51% in 2024.

Application	Market Size (Million USD)	Market Share
Fuselage Structural Vibration Analysis	425	43.51%
Gearbox Analysis	201	20.57%
Bearing Analysis	133	13.59%
Others	218	22.33%

Source: www.globalmarketmonitor.com