Global Aircraft Engine Condition Monitoring System Market 2020-2024

Global Aircraft Engine Condition Monitoring System Market 2020-2024

Technavio has been monitoring the aircraft engine condition monitoring system market and it is poised to grow by $ 218.33 mn during 2020-2024, progressing at a CAGR of 5% during the forecast period. Our reports on the aircraft engine condition monitoring system market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the efforts to optimize engine repair and maintenance costs and increasing benefits of AHMS. In addition, efforts to optimize engine repair and maintenance costs is anticipated to boost the growth of the market as well.

The aircraft engine condition monitoring system market analysis includes type segment and geographical landscapes.

Technavio's aircraft engine condition monitoring system market is segmented as below:

By Type

  • Turbofan
  • Turboprop
By Geographic Landscapes
  • North America
  • Europe
  • APAC
  • South America
  • MEA
This study identifies the technological advancements in gas turbine engines as one of the prime reasons driving the aircraft engine condition monitoring system market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the aircraft engine condition monitoring system market covers the following areas:
  • Aircraft engine condition monitoring system market sizing
  • Aircraft engine condition monitoring system market forecast
  • Aircraft engine condition monitoring system market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aircraft engine condition monitoring system market vendors that include AFI KLM E&M, AMETEK Inc., CAMP Systems Inc., Condition Monitoring Group Ltd., IHI Corp., Latitude Technologies Corp., Meggitt Plc, MTU Aero Engines AG, Raytheon Technologies Corp., and Safran SA. Also, the aircraft engine condition monitoring system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Global aerospace and defense market
      • Inputs
      • Inbound logistics
      • Operations
      • Marketing and sales
      • Aftermarket and service
      • Industry innovation
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019-2024
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Global - Market size and forecast 2019-2024 ($ million)
        • Table Global aircraft engine condition monitoring system market 2019-2024 ($ million), exclusive of COVID-19 impact
        • Table Global market: Year-over-year growth 2019-2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Type
    • Market segments
      • Table Type - Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • Turbofan - Market size and forecast 2019-2024
      • Table Turbofan - Market size and forecast 2019-2024 ($ million)
      • Table Global aircraft engine condition monitoring system market in turbofan segment 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Turbofan - Year-over-year growth 2019-2024 (%)
    • Turboprop - Market size and forecast 2019-2024
      • Table Turboprop - Market size and forecast 2019-2024 ($ million)
      • Table Global aircraft engine condition monitoring system market in turboprop segment 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Turboprop - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer Landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table Aircraft engine condition monitoring system market in North America 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Aircraft engine condition monitoring system market in Europe 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table Aircraft engine condition monitoring system market in APAC 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table Aircraft engine condition monitoring system market in South America 2019- 2024 ($ million), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table Aircraft engine condition monitoring system market in MEA 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Efforts to optimize engine repair and maintenance costs
      • Technological advancements in gas turbine engines
      • Increasing benefits of AHMS
    • Market challenges
      • Barriers to adoption of new technology and equipment
      • Integration constraints while embedding sensors in aircraft
      • Reliability issues associated with sensors
        • Table Impact of drivers and challenges
    • Market trends
      • Use of conditional analytics for predictive maintenance
      • Growing influence of IoT
      • Introduction of 3D printing technology
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AFI KLM E&M
      • Table AFI KLM E&M - Overview
      • Table AFI KLM E&M - Product and service
      • Table AFI KLM E&M - Key news
      • Table AFI KLM E&M - Key offerings
    • AMETEK Inc.
      • Table AMETEK Inc. - Overview
      • Table AMETEK Inc. - Business segments
      • Table AMETEK Inc. - Key news
      • Table AMETEK Inc. - Key offerings
      • Table AMETEK Inc. - Segment focus
    • CAMP Systems Inc.
      • Table CAMP Systems Inc. - Overview
      • Table CAMP Systems Inc. - Product and service
      • Table CAMP Systems Inc. - Key offerings
    • Condition Monitoring Group Ltd.
      • Table Condition Monitoring Group Ltd. - Overview
      • Table Condition Monitoring Group Ltd. - Product and service
      • Table Condition Monitoring Group Ltd. - Key offerings
    • IHI Corp.
      • Table IHI Corp. - Overview
      • Table IHI Corp. - Business segments
      • Table IHI Corp. - Key news
      • Table IHI Corp. - Key offerings
      • Table IHI Corp. - Segment focus
    • Latitude Technologies Corp.
      • Table Latitude Technologies Corp. - Overview
      • Table Latitude Technologies Corp. - Product and service
      • Table Latitude Technologies Corp. - Key offerings
    • Meggitt Plc
      • Table Meggitt Plc - Overview
      • Table Meggitt Plc - Business segments
      • Table Meggitt Plc - Key news
      • Table Meggitt Plc - Key offerings
      • Table Meggitt Plc - Segment focus
    • MTU Aero Engines AG
      • Table MTU Aero Engines AG - Overview
      • Table MTU Aero Engines AG - Business segments
      • Table MTU Aero Engines AG - Key news
      • Table MTU Aero Engines AG - Key offerings
      • Table MTU Aero Engines AG - Segment focus
    • Raytheon Technologies Corp.
      • Table Raytheon Technologies Corp. - Overview
      • Table Raytheon Technologies Corp. - Business segments
      • Table Raytheon Co. - Key news
      • Table Raytheon Technologies Corp. - Key offerings
      • Table Raytheon Technologies Corp. - Segment focus
    • Safran SA
      • Table Safran SA - Overview
      • Table Safran SA - Business segments
      • Table Safran SA - Key news
      • Table Safran SA - Key offerings
      • Table Safran SA - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and Caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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