Commercial Aviation Crew Management Systems Market Segmentation, Analysis, Growth & Trends Worth USD 3.15 Billion, At a CAGR of 8.41% by 2028
Posted on May 8 2023 5:48 AM
"Top companies covered in Commercial Aviation Crew Management Systems Market,Sabre GLBL Inc. (U.S.),Hexaware Technologies Limited (India),IBS Software Services Pvt. Ltd. (India),Hitit (TurMajor Key),Jepessen (U.S.),Lufthansa Systems GmbH & Co. KG (Germany),S.A. Blue One Management N.V. (Belgium),PDC A/S (U.K.),CAE Inc. (Canada),Intelisys Aviation Systems Inc. (Canada) others companies. "
The global commercial aviation crew management systems market size is anticipated to flourish owing to the increasing need for organizing the growing traffic in airports globally, observes Fortune Business Insights™ in an upcoming report, titled, “Commercial Aviation Crew Management Systems Market Size, Share & Industry Analysis, By Solution (Hardware, Software [On-Cloud, Server Based] Services), By Application (Planning, Training, Tracking, Crew Operation, Others) and Regional Forecast 2020-2027.” These systems help airlines systematically manage their operations. Increasing efficiency offered is estimated to boost their demand worldwide.
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Highlights of the Report:
- Segmentation on the basis of product, type, consumption, distribution channel, and region
- Detailed analysis of the companies based on their financial positions, product portfolios, and growth strategies
- Study of core competencies of the key players and their market share to anticipate the degree of competition
- Employment of the bottom-up procedure to arrive at the overall size of the market by estimating revenues of key market players
Drivers & Restraints-
Increasing Population of Air Passengers Globally to Drive Growth
Rising population of passengers who prefer to travel by air has created the necessity to manage the resultant aircraft traffic in airports worldwide. This in turn is anticipated to drive the growth of the global commercial aviation crew management systems market. For instance, according to the International Airport Review, the total number of passenger traffic is estimated to increase from 8.8 billion in 2018 to 19.7 billion by 2040. However, the increasing cost associated with airline operations is anticipated to restrain growth.
A List of Key Manufacturers Operating In the Global Commercial Aviation Crew Management Systems Market Report:
- Blue One Management Sa/Nv
- Sabre GLBL In,
- Fujitsu Limited
- IBS Software
- Hexaware Technologies Ltd.
- Lufthansa Systems GmbH
- Intelisys Aviation Systems Inc.
- AIMS Inc.
- LAMINAR Aviation Infotech Pte. Ltd.
- Advanced Optimization Systems, Inc.
- Maureva Ltd.
- Kronos Inc.
- Merlot Aero Limited
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Booming Aerospace and Defense Industry in U.S. to Aid North America Dominate
North America is projected to dominate the global commercial aviation crew management systems market due to the presence of prominent aircraft companies in the region. For instance, according to the Aerospace Industries Association, in 2019, the aerospace & defense industry contributed 1.8% of the total GDP in the U.S. In addition, increasing investments in the defense sector for the development of better technologies are anticipated to enhance the demand in the U.S. This is estimated to further strengthen the growth in the region.
The market in Asia Pacific is set to exhibit impressive growth in the forecast timeline. Rapidly increasing disposable income among middle class population and developing aerospace industry in the region are anticipated to drive the growth of commercial aviation crew management systems in the region.
Offering Innovative Services to Help Key Enterprises Gain Prominence
Prominent enterprises operating in the global commercial aviation crew management systems market are focusing on developing innovative airline operation system. This will help them gain prominence over other companies. For instance, in June 2018, British Airways awarded IBS Software Services Pvt. Ltd. with a long term contract in which IBS will provide advanced crew and flight operations management system to the airline company.
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