Aviation Crew Management Systems Market To Reach USD 3.15
Pune, India, January 12, 2022 (GLOBE NEWSWIRE) – The world aviation crew management systems market The market size was $ 1.73 billion in 2020. The market is expected to grow from $ 1.79 billion in 2021 to $ 3.15 billion in 2028, with a CAGR of 8.41% during the period 2021- 2028.
This information is presented by Fortune Business Insights ™ in his report, entitled, “Aviation Crew Management Systems Market, 2021-2028.”
According to our experts, the growth of the market explains the growing demand for the crew management system, which has led the major players to place more emphasis on the funding of R&D activities to develop management systems. refined crew. For example, in December 2020, Boeing declared a 10-year contract with Frontier Airlines, a North American carrier, to run a new round of crew, flight scheduling, operating equipment, among other things, to to increase the skills of airlines.
Impact of COVID-19
Postponing the flight amid pandemic to hamper market growth
The pandemic circumstance resulted in strict government guidelines on air travel, trade and business courses. The disruption in the aviation industry due to the outbreak of the COVID-19 virus has significantly influenced the aircrew management system globally. In addition, the decrease in shuttle air traffic amid the coronavirus explosion lowered the demand for comprehensive aircraft crew management systems.
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List of players covered by this market report:
- Saber GLBL Inc. (United States)
- Hexaware Technologies Limited (India)
- IBS PVT software services. LTD. (India)
- Hitit (Turkey)
- Jepessen (United States)
- Lufthansa Systems GmbH & Co. KG (Germany)
- SA Blue One Management NV (Belgium)
- PDC A / S (UK)
- CAE inc. (Canada)
- Intelisys Aviation Systems Inc. (Canada)
- AIMS, Inc. (US)
- LAMINAAR Aviation Infotech PTE. LTD. (Singapore)
- NAV BLUE (Canada)
- Advanced Optimization System, Inc. (US)
- Maureva LTD. (Africa)
Cover of the report
The report presents a systematic study of market segments and in-depth analysis of the market overview. The report offers a thoughtful assessment of current market trends and future opportunities. Moreover, it presents a comprehensive analysis of regional information and how it contributes to the growth of the market. The impacts of COVID-19 have been discussed in the report to help investors and business owners better understand the possible threats present in the market. Further, the report examines the major players and their prominent strategies to remain in the dominant position.
- Enabled – Cloud
- Crew operation
- North America
- Middle East
- Rest of the world
Browse the detailed summary of the research report with the table of contents:
Conductors and constraints
Growing need to improve flight safety to drive market growth
This market is fueled by the demand for flight protection by air commuters. The upsurge in air traffic calls for increased safety. In addition, the presentation of digital solutions, advanced electronics, cloud-based services and progressive triangulation equipment has ensured a major part of the market growth.
In addition, the major players in the market are obsessed with developing R&D activities for technologies such as digital surveillance data. Furthermore, graphic recording equipment aimed at reducing the risk of human blunder is driving the growth of the Aviation Crew Management Systems market.
North America held the maximum market share for aircrew management systems and is expected to dominate the market. The existence of a huge aircraft task force and the world’s best airline operator increases public spending in the aviation sector, which in turn stimulates the market in this region.
Europe is expected to see reasonable market growth. The growth of the region is due to an increase in the number of air travelers, the acquisition of new planes and the acceptance by the government of new aviation guidelines.
Asia-Pacific is estimated to show notable growth during the forecast period. The growth is due to the growing economy and the substantial demand for air transport sources from countries such as India, China and South Korea.
Key players ready to implement advanced aeronautical technologies
The major market players believe in developing effective tactics to survive in the market and conquer the global industry. Key companies have focused on implementing cutting-edge technologies, such as cloud-based software, digital crew management service, and data-driven crew management solutions to enrich their market station for the aviation crew management system.
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Detailed table of contents:
- Scope of research
- Market segmentation
- Research methodology
- Definitions and assumptions
- Market dynamics
- Market factors
- Market constraints
- Market opportunities
- Key ideas
- Key Industry Developments – Mergers, Acquisitions and Partnerships
- Latest technological advances
- Porters Five Forces Analysis
- Supply chain analysis
- Qualitative insights
- Impact of Covid-19 on the Aviation Crew Management Systems Market
- Measures taken by industry / government / business to overcome the impact
- Potential opportunities due to the COVID-19 epidemic
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Key industry development
- January 2020: Aeromexico, which is a Mexican global airline, has entered into an agreement with Jeppesen for its Jeppesen Crew Tracking (JCT) for crew management system. This factor should help the airline to refine the authority and collectability of flight procedures.
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