The Global Market for Commercial Aviation Crew Management Software is Projected to Reach US$3.2 Billion by 2020

Steady Growth in Commercial Aviation to Drive the Commercial Aviation Crew Management Software Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size, and demand forecasts on the global Commercial Aviation Crew Management Software market. The global market for Commercial Aviation Crew Management Software is projected to reach US$3.2 billion by 2020, driven by the steady growth in the commercial aviation sector, particularly in developing markets.

Most of the industries, over years, have been leveraging the power of IT to streamline business operations, increase productivity, reduce costs and gain competitive edge. The global aviation industry is no exception to this trend. Capable of enabling data management and automation of any kind, IT solutions have become crucial for most industries around the world, including the aviation sector. Airline companies across the globe have been using a range of IT solutions for simplifying several functions critical for their survival, including controlling costs, managing flight routes and schedules, managing workforce etc. Airline crew management which involves management of personnel operating an aircraft, while in flight, is a crucial task for airlines and therefore has become a primary target for automation. For airline companies to operate flights without delays or cancellations and realize maximum efficiency and profitability, ensuring proper planning and handling of air crew is vital. However, given the massive growth of the aviation industry, including expansion in airline operations, growth in number of flight routes, rise in frequency of air trips, and increase in fleet size, the task of managing the air crew has become highly challenging and complex. Against this backdrop, aviation Crew Management Software (CMS) is growing in importance as a critical IT investment for airline companies.

Capable of allowing airlines to better handle their aircrew by automating the tasks of planning, selecting, deploying airline crew, handing crew schedules and maintaining their time, commercial aviation crew management software has become a revenue spinning market for IT vendors. By automating crew management tasks, CMS eliminates the chances of human errors, which otherwise can prove to be highly devastating for airline operations by bringing in huge losses. CMS provides an opportunity for airlines to tailor their crew management strategies to meet changing demand patterns, maximize operational efficiency, and most importantly operate with high profitability across fleets.  Use of crew management software also allows companies to focus on their chief functions by offloading air crew management tasks to automated systems. Steady growth in the aviation sector, particularly driven by the growing demand for air travel, rise in passenger traffic, and expanding air routes, will continue to strengthen the business case for CMS in the aviation sector.

As stated by the new market research report on Commercial Aviation Crew Management Software, Europe represents the largest regional market worldwide. Asia-Pacific ranks as the fastest growing market with revenue from the region waxing at a CAGR of 10.3% over the analysis period. The growth in the region will be driven by steady economic growth, increase in passenger and business travel, new establishment of low cost carriers, and rising competitive pressure to protect corporate bottomlines and profitability.

Key players covered in the report include Advanced Optimization Systems, Inc., AIMS Corporation, Fujitsu Limited, Hexaware Technologies, IBS Software Services, Intelisys Aviation Systems, Jeppesen Sanderson, Inc., Lufthansa Systems GmbH & Co. KG, Maureva Ltd., and Sabre Airline Solutions, among others.

The research report titled “Commercial Aviation Crew Management Software: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, product innovations and strategic industry activities of major companies worldwide. The report provides market estimates and projections for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, and Rest of Asia-Pacific), Middle East, and Latin America.

Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.