Crew Management System Market by System (On-Cloud, Server Based) worth 2.35 Billion USD by 2022


Posted April 26, 2017 by poojapatange

Crew Management Systems Market by Application (Crew Planning, Crew Services, Crew Training, Crew Operations), System (On-Cloud, Server Based), Device (Smartphones, PCS, Tablets), and Region - Global Forecast to 2022

 
The crew management system market is projected to grow from an estimated USD 1.31 Billion in 2016 to USD 2.35 Billion by 2022, at a CAGR of 10.19% from 2016 to 2022. Stringent regulations pertaining to working hours for crew members on board, safety of crew members and passengers are the major factors driving the crew management system market.

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The research methodology used to estimate and forecast the crew management system market begins with capturing data on key crew management system equipment manufacturers’ revenues through secondary sources such as International Air Transport Association (IATA), Federal Aviation Administration (FAA), European Aviation Safety Agency (EASA), and paid databases. Crew management system offerings are also taken into consideration to determine the market segmentation.

The bottom-up procedure was employed to arrive at the overall crew management system market size from the revenue of key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and executives. These data triangulation and market breakdown procedures were employed to complete the overall market engineering process, and arrive at the exact statistics for all the segments and subsegments.

The crew management system market in the Asia-Pacific is expected to grow at the highest CAGR during the forecast period. Growth in passenger traffic has resulted in increased demand for new aircraft in the region, which is anticipated to boost the crew management system market during the forecast period. These factors are expected to positively affect the region’s aviation industry, which will in turn drive the Asia-Pacific crew management system market in the forthcoming years.

The crew management system ecosystem comprises airline software solutions providers such as Sabre Airline Solutions (U.S.), Lufthansa Systems (Germany), Jeppesen (U.S.), Hexaware Technologies (India), and IBS Software Services (India), among others, and component manufacturers such as Fujitsu (Japan), Intelisys Aviation (Canada), AIMS, Inc. (U.S.), Blue One Software (Belgium), PDC Aviation (Denmark), Aviolinx (Sweden), and Sheorey Digital Systems Pvt Ltd (India), among others.

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Issued By Pooja
Country United States
Categories Aerospace , Defense , Manufacturing
Tags aerospace , aviation , crew management system , crew management system market , defense , miliatry , smart devices
Last Updated April 26, 2017