The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Crew Management Systems Market.
It was estimated prior to this unanticipated outbreak that the Crew Management Systems Marketwas likely to witness an impressive CAGR of 12.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate. Stringent regulations pertinent to working hours of crew members onboard, safety of crew members and passengers are the prime factors bolstering the growth of the global crew management systems market.
Crew Management Systems Market Segment Insights:
By System Type:
The on-cloud segment is estimated to dominate the market during the forecast period. The cloud computing technology is gaining a growing impact on daily life and the aviation industry remains no different. A rising number of airlines are adapting to cloud technology to attain ease of operations and excellence in client servicing.
By Device Type:
The tablet segment is expected to witness the highest growth in the coming five years. This growth can be attributed to the introduction of the usage of tablets for cabin crew to alleviate complicated and onerous paper-based/manual operations while performing their routine functions, such as meal distribution and effective passenger management.
The crew management systems market in the Asia-Pacific region is estimated to register the highest growth during the forecast period. China and India are the growth engines of the region. The market is sustained by the upsurge in air passenger traffic which has resulted to an increased demand for new aircraft in the region; further, this growth driver is expected to bolster the market during the forecast period. All these factors when wrapped up, are anticipated to create a favorable impact on the region’s aviation industry, which in turn, will further boost the Asia-Pacific’s crew management systems market in the coming five years. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.