HOME Research Insight Agreements was the Key Strategy Adopted by Industry Players in the Aircraft Health Monitoring Market



Agreements was the Key Strategy Adopted by Industry Players in the Aircraft Health Monitoring Market


Airbus (Netherlands), Boeing (US), United Technologies Corporation (US), Honeywell (US) and General Electric (US) among others are some of the key players operating in the Aircraft Health Monitoring (AHM) market. These companies have their manufacturing facilities across key regions such as North America and Europe, with a strong distribution network. The companies adopted growth strategies, such as new product developments, agreements, and collaborations to capture the majority share of the aircraft health monitoring system market and strengthen their product portfolio.

Airbus is a key player in the AHM market. The company is one of the leading aircraft manufacturers in the world. It offers products and services for the aerospace and defense sector. The company is focused on launching new products for the AHM market to strengthen its product portfolio and enhance its revenue. It is also focused on securing contracts to maintain its leading position in the AHM market. Strong focus on R&D activities enables the company to offer technologically advanced systems that meet the changing requirements of its customers. The company has an AIRMAN web online solution for real-time aircraft health monitoring on A320, A330, and A350 aircraft. In February 2018, Airbus received a contract from Sichuan Airlines to provide AirTHM services as well as maintenance services for all A350 aircraft. .

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United Technologies also holds a significant share in the AHM market. The company is one of the leading business conglomerates operational in the global aerospace and defense industry. UTC is primarily dependent on the internal development of its existing businesses and acquisitions for its growth. In 2012, UTC implemented a new organizational structure that helped it better serve its customers, drive growth, and achieve efficiencies through greater integration across certain product lines. The company also focuses on new product launches and contracts to increase its share in the AHM market. In May 2018, the company launched an aircraft data management solution, InteliSight. The software provides real-time health monitoring data to improve airline operations.

Related Reports:

Aircraft Health Monitoring Market by Aircraft Type (Commercial, Business, Rotary, Military), Operation Time (Real-Time, Non-Real-Time), Installation (Onboard, On Ground), Fit (Linefit, Retrofit), Solution, and Region - Global Forecast to 2023

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