PUBLISHER: The Insight Partners | PRODUCT CODE: 1463652
PUBLISHER: The Insight Partners | PRODUCT CODE: 1463652
The Europe crew management system market was valued at US$ 264.09 million in 2022 and is expected to reach US$ 547.65 million by 2030; it is estimated to grow at a CAGR of 9.5% from 2022 to 2030.
Rapid Growth of Aviation Industry Fuels the Europe Crew Management System Market
The aviation industry is an essential component of modern transportation and is vital in connecting people and transporting goods worldwide. An effective aviation management system is essential for safe and smooth operations in the industry, which involves coordinating resources, personnel, and technologies. According to the World Bank, the number of air passengers reached ~2.07 billion in 2021, including ~21.8 million departures recorded by registered air carriers. Moreover, ~205,267 million ton-km freight was moved by air transport. In comparison, ~1.6 billion passengers were carried through air transport, and ~17.9 million departures were recorded by registered air carriers in 2020. Furthermore, ~171,582 million ton-km freight was moved by air transport. Massive numbers were recorded in 2020 despite the disruptions caused by the COVID-19 pandemic during that year.
With a rise in the number of flights, routes, and airlines, companies in airlines and aviation markets require advanced software to optimize crew allocation, maintain compliance with regulations, enhance operational efficiencies, reduce costs, and improve overall customer safety and satisfaction. Various companies are providing new crew management solutions for the aviation industry. For instance, in May 2023, TA Connections announced to provide new crew management solutions for airlines and aviation-related companies from around the world.
Europe Crew Management System Market Overview
With more than 20,000 flights a day and ~500 million passengers flying every year, Europe has the world's busiest airspace. The European airline industry remains the second largest across the world as the region owns a few largest and busiest airports, including Heathrow Airport, Charles de Gaulle Airport, Frankfurt Airport, and Royal Amsterdam Airport Schiphol. Also, Lufthansa, Ryanair, IAG, easyJet, and Air France-KLM are among the prominent airline companies operating in Europe, and these airlines are among the leading contributors to the Europe crew management system market.
Europe Crew Management System Market Revenue and Forecast to 2030 (US$ Mn)
Europe Crew Management System Market Segmentation
The Europe crew management system market is segmented into component, deployment, airline type, application, and country.
Based on component, the Europe crew management system market is bifurcated into software and services. The software segment held a larger market share in 2022.
Based on deployment, the Europe crew management system market is divided into on-cloud and server-based. The server-based segment held a larger market share in 2022.
Based on airline type, the Europe crew management system market is bifurcated into passenger airlines and cargo & defense airlines. The passenger airlines segment held a larger market share in 2022.
Based on application, the Europe crew management system market is segmented into crew operations and crew training. The crew operations segment held a larger market share in 2022.
Based on country, the Europe crew management system market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe crew management system market share in 2022.
AIMS INTL DWC LLC, Airbus SE, CAE Inc, Hitit Computer Services Ltd Co, IBS Software Pvt Ltd, Lufthansa Systems GmbH & Co KG, PDC A/S, and The Boeing Co are some of the leading companies operating in the Europe crew management system market.