Crew Management Systems Market Overview:
Crew Management Systems Market is likely to witness an impressive CAGR of 12.2% during the forecast period. Stringent regulations pertinent to working hours of crew members onboard, safety of crew members and passengers are the prime factors bolstering the growth of the global crew management systems market.
Report Overview:
This new report from Stratview Research analyses the Crew Management Systems Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
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Crew Management Systems Market Segment Insights:
Dominance Of: On-Cloud
Based on the system type, the market is segmented as on-cloud and server-based. The on-cloud segment is estimated to dominate the market during the forecast period. The cloud computing technology is gaining a growing impact on daily life and the aviation industry remains no different. A rising number of airlines are adapting to cloud technology to attain ease of operations and excellence in client servicing.
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A highly/moderately/fragment consolidated Market
Some of the major players in the crew management systems market are Aims, Inc., Aviolinx Communication and Services AB, Blue One Management SA/NV, Fujitsu, Hexaware Technologies Limited, Intelisys Aviation Systems Inc., IBS Software Services Pvt Ltd., Jeppesen, Lufthansa Systems, and Sheorey Digital Systems Pvt. Ltd.
Regional Hegemony of Asia-Pacific & the dominance of OE-sales
In terms of regions, the crew management systems market in the Asia-Pacific region is estimated to register the highest growth during the forecast period. China and India are the growth engines of the region. The market is sustained by the upsurge in air passenger traffic which has resulted to an increased demand for new aircraft in the region; further, this growth driver is expected to bolster the market during the forecast period. All these factors when wrapped up, are anticipated to create a favorable impact on the region’s aviation industry, which in turn, will further boost the Asia-Pacific’s crew management systems market in the coming five years. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Based on the end-user type, the market has been segmented as OE and aftermarket. The OE-sales segment is likely to remain the larger segment of the market over the next five years, driven by a continuous increase in the deliveries of the commercial aircraft. The aftermarket segment is going to depict a higher growth in the coming five years, owing to the upsurge in passenger air traffic, which leads to extended flight hours leading to short replacement cycles. Valves need to be replaced more frequently in the aircraft due to low lifespan usually 3 to 5 years, depending upon applications, valve types, material, etc.
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