Aviation Crew Management System Market Shares, Growth Analysis, Key Insights, Size And Forecast To 2033

"The Business Research Company recently released a comprehensive report on the Global Aviation Crew Management System Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The aviation crew management system market size has grown rapidly in recent years. It will grow from $2.17 billion in 2023 to $2.41 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to regulatory compliance and crew scheduling efficiency, demand for enhanced crew productivity and safety, rise in air traffic and complexity of operations, focus on cost reduction and operational efficiency, integration with other aviation systems.

The aviation crew management system market size is expected to see strong growth in the next few years. It will grow to $3.48 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to evolution of airline business models and flexibility, emphasis on crew training and skill development, enhanced crew communication and collaboration, globalization of airline operations, increased focus on crew well-being and fatigue management. Major trends in the forecast period include enhanced crew training and development, data security and privacy measures, automation in crew rostering and scheduling, real-time crew tracking and monitoring, global expansion of airline operations.

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Market Drivers and Trends:

The increasing air traffic is expected to propel the growth of the aviation crew management system market going forward. Air traffic refers to the movement and management of airplanes in the airspace, controlled by air traffic control (ATC) services to ensure safe and effective operations. As air traffic grows, airlines require efficient systems to manage their crew members, schedules, qualifications, and compliance, so aviation crew management systems aid in optimizing staff utilization, increasing efficiency, and ensuring regulatory compliance. For instance, in March 2023, according to a report published by the Bureau of Transportation Statistics, a US-based government agency, in 2022, US airlines transported 194 million more passengers than in 2021, a 30% increase year on year. Additionally, from January to December 2022, airlines in the United States carried 853 million passengers, up from 658 million in 2021 and 388 million in 2020. Therefore, increasing air traffic is driving the growth of the aviation crew management system market.

Product innovation has emerged as a key trend gaining popularity in the aviation crew management system market. Major companies operating in the market are focused on creating innovative products to strengthen their position in the market. For instance, in March 2022, Lufthansa Systems GmbH & Co. KG, a Germany-based IT service provider for the airline industry, launched NetLine/Crew Qualification and Training Management as a web-based solution. The module offers a comprehensive overview of ground staff and crew member training plans and certifications on a single platform. Airlines personnel's qualifications, recurrence, and training needs are managed using NetLine/Crew Qualification and Training Management. The NetLine/Crew Qualification and Training Management module handles training, planning, and qualifications, ensuring maximum security and compliance.

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Major Key Players of the Market:

Lufthansa Systems AG, Fujitsu Limited, Leonardo S.p.A., The Boeing Company, CAE Inc., Sabre Corporation, SITA, Hexaware Technologies Limited, Jeppesen Sanderson Inc., FlyPal, OSM Aviation Management AS, Navblue S.A.S., Merlot Aero Limited, Ramco Systems, Maureva Ltd., InteliSys Aviation Systems Inc, AAP Aviation, IBS Software Services Pvt. Ltd., ARCOS LLC, LAMINAAR Aviation Infotech (India) Pvt Ltd, Prolog Development Center Holding A/S, PDC Aviation A/S, Aviolinx Communication and Services AB, Hitit Computer Services, SchedAero Inc, AIMS Inc., Advanced Optimization System Inc., Blue One Management S.A., AeroCRS, Leon Software GmbH.

Aviation Crew Management System Market 2024 Key Insights:

• The aviation crew management system market size is expected to see strong growth in the next few years. It will grow to $3.48 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%.
• The Surge In Air Traffic Driving Aviation Crew Management System Market
• Lufthansa Systems' Groundbreaking Solution In Aviation Crew Management
• North America was the largest region in the aviation crew management system market in 2023

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