Commercial Aviation Crew Management Systems Market Outlook 2020- Evaluate Regional Outlook, Size, Recent Trend, Share and Future Growth, Feasibility, and Future Forecast to 2026 by Market Reports
Pune, India -- (SBWIRE) -- 10/20/2020 -- Commercial Aviation Crew Management System is a tool used to optimize the crew operating cost and improve their efficiency through efficient planning. The airline operators have divided their expenses by various sections such as flight operating cost, servicing cost, reservation and sales cost, and overhead cost. Among others, flight operations witness the highest expenditure. Flight operation expenditure further divided into fuel, crew operation, depreciation, and direct maintenance.
The growing demand for aircraft owing to increased air traffic has led to an increase in the number of crew members. Therefore, to reduce the crew operating expenses, the adoption of crew management systems is increasing. The commercial aviation crew management system is used for various applications such as crew planning, crew tracking, crew training, crew operation, and among others. The decreased airline incomes owing to the COVID-19 epidemic and rising expenses on crew operation have led to an increase in demand for commercial aviation crew management systems during the forecast period.
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Need to improve crew planning owing to rise in take-off and landing of flights per day, increasing adoption of commercial aviation crew management system for crew cost optimization, and growing focus on providing a safe air travel experience to the passengers are the key drivers of the commercial aviation crew management systems market. These factors are facilitating market growth during 2020-2027.
However, rising aircraft backlogs and increasing airline operating costs are hampering the growth of the market. In spite of this, growing aircraft orders and emerging low-cost carrier airlines in emerging economies would create significant growth opportunities in the market soon.
The competitive landscape of the commercial aviation crew management system market share has been discussed in detail. The report highlights leading companies, their performance over the past few years, and their key strategies. The commercial aviation crew management system Market growth report provides a comprehensive evaluation of several factors that have contributed to the growth of the market in recent years. In addition to the growth stimulators, the report also discusses the challenges facing the market. Furthermore, the report provides forecast values for the market for the period of 2020-2027. Additionally, it identifies areas that have witnessed the highest demand and applications for the product in recent years. Besides this, some of the leading products, major companies, and major recent industry developments have been highlighted in this report.
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Global Commercial Aviation Crew Management Systems Market Manufacturers:-
- PDC A/S (U.K.),
- Blue One Management Sa/Nv (Belgium),
- Sabre GLBL Inc. (The U.S.),
- Fujitsu Limited (Japan),
- IBS Software Services Pvt. Ltd. (India),
- Hexaware Technologies Limited (India),
- Jeppesen (The U.S.),
- Lufthansa Systems GmbH & Co. KG (Germany),
- Intelisys Aviation Systems Inc (Canada),
- AIMS, Inc. (U.S.),
- LAMINAAR Aviation Infotech Pte. Ltd. (Singapore),
- NAVBLUE (Canada),
- Advanced Optimization Systems, Inc. (The U.S.),
- Maureva Ltd (Africa),
- Kronos Inc. (The U.S.),
- Merlot Aero Limited (New Zealand),
- and among others.
Striking Technological Advancements to Open Multiple Growth Avenues
The increasing adoption of commercial aviation crew management system industry for applications across diverse industries will aid the growth of the market in the upcoming years. Recent advances in structure and design have opened up a massive potential for rapid product adoption. The advances in engineering, in terms of product design and structure, will not only benefit the companies but will have a direct impact on the commercial aviation crew management system Industry growth in the coming years. Moreover, rising investment in the research and development in different technologies will further favour the activities of the companies operating in this market.
Eruption of COVID-19 Pandemic to Stall Market Growth
The growth of the commercial aviation crew management system market regional demand is expected to be negatively impacted by the COVID-19 pandemic. The declining market growth is primarily attributable to the travel restrictions imposed by governments worldwide to contain the spread of the virus. Apart from this, unprecedented economic downturn triggered by the coronavirus has forced countries, especially developing nations, to prioritize their spending, which in turn is likely to impede upcoming investments in this sector. Together, these factors will create unfavourable conditions for this market in the short-term.
Worldwide Region Analysis to Hold Commanding Position; Growing Product Adoption to Aid Growth
Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the market in north America, Europe, asia, etc. will witness considerable growth in the coming years driven by the steadily increasing product adoption in several countries across this region.
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- North America (USA, Canada, and Mexico)
- Europe (Germany, France, U.K., and Rest of Europe)
- Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)
- Rest of the World
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