Industry Background:
Crew management system is an information technology application used for tracking, planning, and management crew projects. This system is mostly used in airlines as well as railways. Crew management systems Market achieve these responsibilities with accuracy and improved speediness to expand effectiveness and crew utilization for dropping cost and redundancy. It offers an interface for communicating technical concerns such as problems in the track or locomotive as well as personal issues such as leave application and other issues. Additionally, it safeguards the safety and security of the railways by authorizing biometric authentication of the individual worker before and after their shift and testing them for the consumption of alcohol.
According to AMA, the market for Crew Management Systems is expected to register a CAGR of 10.8% during the forecast period to 2026. This growth is primarily driven by Cost Reduction through Enhanced Utilization of Crew Members and Stringent Regulations Pertaining To Working Hours of Crew Members Onboard.
Globally, a noticeable market trend is evident Rising Focus on the Safety of Flights
. The Internet Software & Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Sabre Airline Solutions (United States), Lufthansa Systems (Germany), Jeppesen (United States), Hexaware Technologies (India), Fujitsu (Japan), AIMS, Inc. (United States), Blue One Software (Belgium), PDC Aviation (Denmark), Aviolinx (Sweden) and Sheorey Digital Systems Pvt Ltd (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 14th November 2018, Sabre Corporation has acquired Farelogix, a known innovator in the travel industry with innovative offer management as well as NDC order delivery technology used by many of the world’s leading airlines.
On 29th October 2018, The Government of India's ambitious UDAN scheme is set to gain on-ground grip as TruJet kick-started its pan India plans by inking an agreement with Aviation IT specialist, IBS Software (IBS), for its Passenger Service System (PSS). In this contract, IBS will implement the full suite of the iFly Resolution for passenger reservations covering the record, prices and ticketing features. This cloud-based solution will allow online/internet based booking engine (IBE) for both B2C & B2B as well as online & counter check-in at all regional airports.
Market Drivers
- Cost Reduction through Enhanced Utilization of Crew Members
- Stringent Regulations Pertaining To Working Hours of Crew Members Onboard
Market Trend
- Rising Focus on the Safety of Flights
- High Adoption Due to Rise in Air Traffic across the Globe
Restraints
- Lack of Funds
- Terrorist Activities and Crash Risks
- Incapability of the Crew Management Systems To Consider Various Human Factors
Opportunities
Entrance of New Airlines in Developed Countries and Increasing Use of Cloud in Crew Management Software
Challenges
Change in the Work Plan of Crew Members Due To Unexpected Circumstances
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Crew Management Systems Study Sheds Light on
The Crew Management Systems Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Crew Management Systems industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Crew Management Systems industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.