An Aircraft Health Monitoring System (AHMS) is a system that collects and analyzes data related to the health and performance of an aircraft in real-time. The system typically consists of sensors that gather data on various aspects of the aircraft's operation, such as engine performance, flight controls, and structural integrity. This data is then transmitted to a ground-based system where it is analyzed to identify any potential issues or anomalies. The global aircraft health monitoring system market size is projected to reach USD 4,987.9 million by 2027, exhibiting a CAGR of 11.56% during the forecast period. The value of the market stood at USD 4,202.4 million in 2019, according to Fortune Business Insights™ in its report, titled “Aircraft Health Monitoring System Market, 2020-2027”.