Global Aircraft Predictive Maintenance Market 2024 by Company, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Aircraft Predictive Maintenance market size was valued at USD 4542.8 million in 2023 and is forecast to a readjusted size of USD 8160.4 million by 2030 with a CAGR of 8.7% during review period.
This report focuses on Aircraft Predictive Maintenanc market.
Predictive maintenance involves the use of information such as sensor data and maintenance logs to predict maintenance needs in advance, helping airlines carry out better maintenance planning. Making use of predictive maintenance can offer real and widespread advantages to companies who can best figure out how to leverage their data and reap the benefits. Over the last decade, a number of developments have laid the groundwork for predictive maintenance readiness: improved computational power, data storage capabilities as well as the overall amount of data and data parameters the industry can look to – thanks to the widely adopted use of sensors on aircraft and high-quality data routers.
According to the IATA, the total volume of air passenger traffic in 2022 increased by 64.4% compared to 2021. Global passenger traffic for the whole year was 68.5% of pre-pandemic (2019) levels. Total global aviation revenue grew by 43.6% to $727 billion in 2022. In 2022, global airlines were expected to have a net loss of $6.9 billion, significantly better than the net loss of $42 billion in 2021 and $137.7 billion in 2020. According to data from the Civil Aviation Administration of China, in 2022, the cumulative operating income of the entire industry was 632.89 billion yuan, down 15.8% from the previous year. The loss was 217.44 billion yuan. Among them, airlines achieved operating income of 336.48 billion yuan, and the loss was 177.12 billion yuan. The airport achieved operating income of 77.01 billion yuan and the loss was 47.62 billion yuan.
The Global Info Research report includes an overview of the development of the Aircraft Predictive Maintenance industry chain, the market status of Civil (Hardware, Software), Military (Hardware, Software), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Aircraft Predictive Maintenance.
Regionally, the report analyzes the Aircraft Predictive Maintenance markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Aircraft Predictive Maintenance market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Aircraft Predictive Maintenance market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Aircraft Predictive Maintenance industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Hardware, Software).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Aircraft Predictive Maintenance market.
Regional Analysis: The report involves examining the Aircraft Predictive Maintenance market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Aircraft Predictive Maintenance market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Aircraft Predictive Maintenance:
Company Analysis: Report covers individual Aircraft Predictive Maintenance players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Aircraft Predictive Maintenance This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Civil, Military).
Technology Analysis: Report covers specific technologies relevant to Aircraft Predictive Maintenance. It assesses the current state, advancements, and potential future developments in Aircraft Predictive Maintenance areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Aircraft Predictive Maintenance market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Aircraft Predictive Maintenance market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Hardware
Software
Services
Market segment by Application
Civil
Military
Market segment by players, this report covers
GE
AFI KLM E&M
Airbus
Boeing
Lufthansa
Honeywell
PwC
Collins Aerospace
Mototok
Infosys Limited
Predictive Aviation
Teledyne Controls
AUSY
UnitedTechnologies
Exodus Aviation
JSSl
Rlls-Royce plc
MTU Aero Engines AG
A J Walter Aviation Limited
Evergreen Aviation Technologies (EGAT)
Textron Inc.
Turkish Technic Inc.
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Aircraft Predictive Maintenance product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Aircraft Predictive Maintenance, with revenue, gross margin and global market share of Aircraft Predictive Maintenance from 2019 to 2024.
Chapter 3, the Aircraft Predictive Maintenance competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Aircraft Predictive Maintenance market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Aircraft Predictive Maintenance.
Chapter 13, to describe Aircraft Predictive Maintenance research findings and conclusion.