Friday, 6 May 2016

Rising Air Traffic to Drive Commercial Aviation Crew Management System Market

Commercial aviation crew management system include different operational systems which perform functions such as crew manifest, crew manning, sick, vacation, and absence management, training, special capability and credentials and contract rules management. The 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.

Commercial Aviation Crew Management System: http://bit.ly/1rxLHF9

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.

The key industry players have been profiled on the basis of company overview, financial overview, business strategies, and key developments in the field of crew management systems. Major market participants profiled in this report include Sabre Corporation, Hexaware Technologies Ltd., AIMS Corporation, IBS Software Services, Hitit Computer Services, Jepessen Sanderson, Inc., Lufthansa Systems, Prolog Development Centre A/S and BlueOne Management S.A./N.V. among others.

Information Regarding the Market of Commercial Aviation Crew Management System:

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