Aviation Crew Management System Market to Reach $5.61 Billion, Globally, by 2032 at 8.16% CAGR: Allied Market Research
WILMINGTON, Del., Feb. 22, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Aviation Crew Management System Market by Component (Solution and Services) Application (Planning, Training, Tracking, and Others), End-User (Commercial Aviation, Military and Defense, and Cargo Airlines), and Deployment Mode (Cloud Based and On-premises): Global Opportunity Analysis and Industry Forecast, 2022–2032". According to the report, the global aviation crew management system market size was valued at $2.61 billion in 2022 and is projected to reach $5.61 billion by 2032, registering a CAGR of 8.16% from 2023 to 2032.
- Aviation crew management systems have been increasingly incorporating artificial intelligence (AI) and machine learning algorithms to optimize crew scheduling, improve operational efficiency, and enhance decision-making processes.
- The global aviation crew management system market is marked by fierce competition among prominent players like CAE Inc., IBS Software Services, Jeppesen (Boeing Company), Lufthansa Systems, AIMS International Ltd, and NAVBLUE Company.
- The market is witnessing a surge in automation, including AI adoption and cloud-based technology, alongside the development of mobile applications, propelling the aviation crew management system market.
- The commercial aviation crew management system market is primarily driven by the increasing need for airlines to optimize crew utilization, ensure regulatory compliance, and enhance operational efficiency.