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Commercial Aircraft Health Monitoring Systems Market Worth $992.0 Million - 2017 – New Report by MarketsandMarkets

(PRWEB) September 19, 2013

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 79 tables,79 figures spread through 128 pages and in-depth TOC on"Global Commercial Aircraft Health Monitoring Systems Market".

Early buyers will receive 10% customization on this report.

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.

Scope of the Report

This report analyzes the Global Commercial Aircraft Health Monitoring Systems market based on:
1.    Very large aircrafts
2.    Wide Body aircrafts
3.    Narrow Body aircrafts
4.    Regional Transport aircrafts
5.    Aero-Propulsion Systems
6.    Aircraft Structures
7.    Ancillary Systems

The report includes discussion on key high growth markets, thereby marketing the growth trend in the Aircraft health monitoring systems market.

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About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, healthcare IT, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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