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The crew management system market is projected to grow from USD 1.79 Billion in 2022 to USD 3.15 Billion in 2030 at a CAGR of 8.41% in the 2022-2030 periods.
Crew Management Market Overview:
The crew management market is a fast-growing industry that deals with scheduling, training, deployment, and salary management for the crews on ships and planes. The market is likely to grow a lot over the next few years because there are more ships and planes in use and more people want efficient crew management. The crew management market is split up by service type, application, end user, and location. The service type section is made up of both software and services. Software is the largest service type segment because cloud-based crew management solutions are becoming more popular. In the "Application" section, you'll find things like "crew planning," "crew training," "crew services," and more. Companies like shipping companies, airlines, and others make up the end-user group.
Crew Management Market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Crew Management Market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.
Key Market Updates:
Market Key Players:
Sabre Airline Solutions, Lufthansa Systems, Fujitsu, Jeppesen, IBS Software, Aims, And Others.
Major Market Segments Covered in Crew Management Market Industry Research:
By Type:
By Device Type:
By Application:
By Region:
North America dominated the Crew Management Market in terms of revenue share in 2019. This growth can be attributed to factors such as increased offshore drilling activity, shale boom, and increased oil production from oil fields including Alaska's North Slope, Mississippi Strait and Gulf. Mexico. Moreover, technological advancements along with increasing adoption of cloud-based systems are expected to drive the regional market over the forecast period.
Asia Pacific is expected to witness significant growth during the forecast period, owing to factors such as increasing offshore drilling activity coupled with rising energy demand from emerging economies including China and India. Fuel industry expansion is expected to significantly increase fleet size, driving the demand for global crew management solutions over the next eight years.
Significant Market Dynamics:
Driver:
Crew management systems are critical to ensuring safe flight. The need and importance of these systems, as well as their effectiveness in ensuring safe and efficient aircraft operations, are recognized worldwide. As such, airlines are increasingly deploying these systems to ensure sufficient rest time between two flights to reduce crew fatigue. These systems also provide crew members with situational awareness and assist them in troubleshooting, decision-making and teamwork for safe flight operations in the event of an in-flight breakdown.
Opportunity:
New airline entry in developed countries offers some of the most attractive opportunities for major players operating in the aviation sector. Employment costs are high in developed countries such as the US, UK, Canada and Germany. There are various airlines entering the aviation industry in these developed countries. Therefore, these airlines need a crew management system in order to utilize their crews most efficiently to reduce costs borne by flight attendants.
Crew Management Market report scope:
Key Takeaways from this Crew Management Market Report
Frequently Asked Questions-
What is the CAGR of Crew Management Market?
The Crew Management Market is growing at a CAGR of 8.41% During Forecast Period.
What are the key types of Crew Management Market?
On-Cloud, Server-Based
What are the key applications of Crew Management Market?
Crew Planning, Crew Training, Crew Services, Crew Operations
Who are the key players in Crew Management Market?
Sabre Airline Solutions, Lufthansa Systems, Fujitsu, Jeppesen, IBS Software, Aims, And others.