An Aircraft Health Monitoring System (AHMS), also known as an Aircraft Health Management System (AHMS) or Aircraft Condition Monitoring System (ACMS), is a crucial component of modern aviation that focuses on ensuring the safety, reliability, and efficiency of aircraft operations. AHMS utilizes advanced technologies to collect, analyze, and interpret data from various sensors and systems onboard an aircraft. Its primary goal is to monitor the health and performance of critical components and systems in real-time, allowing for timely maintenance actions and proactive decision-making. The global aircraft health monitoring system market size was USD 4,202.4 million in 2019 and is projected to grow from USD 2,319.7 million in 2020 to USD 4,987.9 million in 2027 at a CAGR of 11.56% in the 2020-2027 period. Information Source: https://www.fortunebusinessinsights.com/aircraft-health-monitoring-system-market-105027

The global connected ships market size was USD 6.05 billion in 2020. The market is projected to grow from USD 6.23 billion in 2021 to USD 8.83 billion in 2028 at a CAGR of 5.11% during the 2021-2028 period. Connected Ships refers to the concept of integrating advanced technologies and digital solutions to enhance the efficiency, safety, and overall operation of ships and the maritime industry as a whole. These technologies leverage the Internet of Things (IoT), data analytics, automation, and communication systems to create a networked ecosystem on and around ships. This connectivity enables real-time monitoring, data sharing, and decision-making to optimize various aspects of maritime operations. Information Source: https://www.fortunebusinessinsights.com/connected-ships-market-105824

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