Global Health & Usage Monitoring Systems (HUMS) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Health & Usage Monitoring Systems (HUMS) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Health and Usage Monitoring System (HUMS) is a general term used to describe activities that use data collection and analysis techniques to help ensure the availability, reliability, and safety of vehicles or airplanes. For example, the Health and Usage Monitoring System (HUMS) has gained wide acceptance as an effective predictive maintenance strategy for helicopters and some fixedwing aircraft.

Market Overview:

The latest research study on the global Health & Usage Monitoring Systems (HUMS) market finds that the global Health & Usage Monitoring Systems (HUMS) market reached a value of USD 864.41 million in 2022. It’s expected that the market will achieve USD 1244.42 million by 2028, exhibiting a CAGR of 6.26% during the forecast period.

Health and Usage Monitoring Systems (HUMS) Market Challenges

Technical barriers

For the Health and Usage Monitoring Systems (HUMS) industry, its technical barriers are relatively high. Such as the airborne HUMS system includes basic data acquisition equipment and processor, pilot interface and display panel; rotor blade tracker; piezoelectric accelerometer, signal conditioner and tachometer; cockpit voice and flight data recorder; frequency domain reflectometer (FDR). Installed on the ground is the HUMS information management system with data retrieval and storage cards. In the design and manufacturing process of these basic components, the industry technology is highly integrated, involving materials, precision machinery, electronic circuits, software development and other disciplines, which constitute a high technical barrier to new entrants in the industry.

Talent barriers

Health and Usage Monitoring Systems (HUMS) equipment manufacturers need compound talents with multi-disciplinary backgrounds. It takes several years to train key talents in the industry. Enrolling enough technical talents constitutes a talent barrier for new entrants in the industry.

For Health and Usage Monitoring Systems (HUMS), it is mainly to provide downstream customers with the function of inspecting machine failures. At this time, some of the needs of downstream customers will also have an impact on the development of the industry. After the British S-92 accident, Sikorsky launched HUMS software with enhanced diagnostic functions and improved user interface, and carried out stricter control on bearing manufacturing and assembly tolerances, lubrication quality and application, and in-service temperature

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

Honeywell is one of the major players operating in the Health & Usage Monitoring Systems (HUMS) market, holding a share of 20.52% in 2021.

Honeywell International is an American multinational company mainly engaged in the production of consumer electronics, engineering and technical services and aerospace systems, headquartered in Charlotte, North Carolina. Honeywell Aerospace provides avionics, aircraft engines, flight management systems and service solutions for manufacturers, airlines, airport operations, military and aerospace programs. It includes commercial aviation, defense and aerospace, and business and general aviation.

February 26, 2018-Whether used for military missions or supplying supplies to oil rigs, Honeywell's (NYSE: HON) latest health and usage monitoring system (HUMS) technology will help civilians and defense Helicopter operators ensure the availability of aircraft while improving safety and reducing operating and maintenance costs. RECON is a new solution that builds on the tradition of Honeywell's health and usage monitoring system, and uses connectivity to share critical aircraft health data in real time. This allows ground maintenance personnel to track the health of the rotorcraft regardless of its location.

Collins Aerospace is a subsidiary of Raytheon Technologies Corp., a provider of technologically advanced and intelligent solutions for the global aerospace and defense industries. Collins Aerospace was jointly created by UTC Aerospace Systems and Rockwell Collins in 2018. It has the capabilities, comprehensive product portfolio and expertise to solve the most severe challenges of customers and meet the needs of the rapidly evolving global market.

On July 26, 2021, attendees at the 2021 U.S. Sea, Air and Space Alliance Naval Alliance Conference will have the opportunity to learn about Collins Aerospace’s most advanced military aircraft technology. The company’s exhibition highlights its broad portfolio of capabilities aimed at achieving multi-domain aware combat readiness while ensuring the safety of combat personnel.

Highlights of the exhibition:

Health and Usage Management System (HUMS): Collins' HUMS integrates and analyzes flight data from engines, rotors, and transmission systems, and tracks the usage and health of the aircraft and its main components. Current and historical flight data are integrated into a comprehensive database with complete reporting functions to facilitate the daily maintenance, logistics and planning of individual vehicles or entire fleets.

Segmentation Overview:

Among different product types, Helicopter Type segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Airframe Structure Vibration Analysis segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Health & Usage Monitoring Systems (HUMS) market covered in Chapter 3:

General Dynamics UK
Collins Aerospace
United Electronic Industries (UEI)
Honeywell
Meggitt
GE Aviation
Exsel Group
Aselsan
Bell

In Chapter 4 and Chapter 14.2, on the basis of types, the Health & Usage Monitoring Systems (HUMS) market from 2018 to 2029 is primarily split into:

Helicopter Type
Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Health & Usage Monitoring Systems (HUMS) market from 2018 to 2029 covers:

Airframe Structure Vibration Analysis
Gearbox Analysis
Bearing Analysis
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)