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Global Commercial Aviation Crew Management System Market was valued
at US$2.09 bn in 2014, growing at a CAGR of 8.8% from 2015 to 2023 to
account for US$4.39 bn by 2023. The market for crew management system
in the global commercial aviation industry is primarily being driven
by the escalating emphasis in improving the optimization of
resources, which leads to improving operational efficiencies. The
growth in demand for real time data and adoption of advancing
technologies in order to reduce additional cost are the key driving
factors for the global commercial aviation crew management system
market. Coupled with the rising air traffic and the positive
transformation of the global commercial aviation industry, the demand
for advanced automated systems among airlines, airports and other
buyers is on escalation worldwide. Owing to these factors the market
for commercial aviation crew management systems is expected to grow
significantly over the forecast period.
The airlines worldwide are in constant pursuit of expanding their
fleet and employee strength to sustain in the competition and improve
their market share. The segmentation based on geography includes,
North America, Europe, Asia Pacific and Rest of the World (RoW) which
comprises of Middle East, Africa and South America. North America is
estimated to account for the largest market share in the global
commercial aviation crew management system market and is expected to
continue its dominance during the forecast period. Factors such as
the rising demand for real time data, increasing competition among
airlines, airports and IT solution providers in the region and
increasing air traffic are considered to be the major drivers of the
market for crew management system in the commercial aviation industry
of North America. Following North America, the commercial aviation
crew management system market in Europe is estimated to be growing at
a steady pace over the forecast period. Europe is currently estimated
to account for the second largest share in the global commercial
aviation crew management system market. The growing demand for real
time crew monitoring, escalating emphasis on improving productivity
across the airlines fleet and optimization of resources among others
are currently driving the market for crew management system in
Europe.
Analysis of macroeconomic factors influencing and inhibiting the
growth of the global commercial aviation crew management system
market has been covered under the scope of the study. The market
attractiveness analysis provided in the report, highlights the major
areas for investing in the global commercial aviation crew management
system industry. The report is intended to help aviation IT solution
providers; airport authorities, service providers, governments and
airlines among others in understanding the present and future trends
in commercial aviation crew management system market and formulate
their business strategies accordingly.
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