The crew management system market size is projected to reach US$ 2.23 billion by 2030 from US$ 1.11 billion in 2022. The market is expected to register a CAGR of 9.1% during 2022–2030. The rapid growth of the aviation industry and increasing demand for efficient crew management solutions are likely to remain key trends in the market.
Crew Management System Market Analysis
The demand for the crew management system market is anticipated to grow with the increasing mandate of compliance with regulatory standards and rapid growth in the aviation industry. Additionally, increasing demand for efficient crew management solutions is fueling the market growth. Moreover, expansion operations of low-cost, long-haul flights and the shortage of skilled and experienced candidates in the aviation industry hold immense opportunities for the market.
Crew Management System Market Overview
A crew management system is aimed at providing information regarding the crew at all times. It assists a user in providing information regarding the presence of crew at home station or outstation, maintaining their status-wise records and assigning crew to the trains. It shall also maintain information regarding the periodic and other rests, road learning, traction knowledge, training schedule, PME, DAR actions etc.
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Crew Management System Market: Strategic Insights
Market Size Value in US$ 1,109.38 million in 2022 Market Size Value by US$ 2,230.95 million by 2030 Growth rate CAGR of 9.1% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Crew Management System Market: Strategic Insights
| Market Size Value in | US$ 1,109.38 million in 2022 |
| Market Size Value by | US$ 2,230.95 million by 2030 |
| Growth rate | CAGR of 9.1% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Crew Management System Market Drivers and Opportunities
The Compulsion of Compliance with Regulatory Standards to Favor Market
The top priority of airlines and other air transportation companies is to guarantee compliance with their operating regulations. Crew scheduling is an important aspect of the regulatory compliance process owing to the complex rules and regulations in place to govern crew members' flight time, rest limits, and duty. Crew scheduling system plays a critical role in confirming compliance with these laws by reducing the risk of violations and associated penalties. There is compliance, too, and crew management software can help ensure that the relevant international maritime regulations, such as the International Convention on Standards of Training, certification, and Watchkeeping (STCW) and the Maritime Labour Convention (MLC), are complied with. Thus, the compulsion of compliance with regulatory standards fuels the market growth.
Lack of Skilled and Experience Candidates in the Aviation Industry.
The lack of skilled and experienced candidates in aviation holds a lot of opportunities for the crew management system market. The airlines are required to maximize the productivity and efficiency of their existing workforce as there are fewer skilled candidates available. The crew management system can help optimize crew schedules, ensuring that the available talent is utilized effectively, reducing downtime, and improving overall operational efficiency. It also helps in enhancing training and development tools, improving recruitment processes, retaining existing talent, compliance and safety management, etc.
Crew Management System Market Report Segmentation Analysis
Key segments that contributed to the derivation of the crew management system market analysis are component, deployment, airline type, and application.
- Based on component, the crew management system market is divided into software and services. The software segment is anticipated to hold a significant share in the forecast period.
- Based on deployment, the crew management system market is divided into on-cloud and server-based. The on-cloud segment is anticipated to hold a significant share in the forecast period.
- Based on airline type, the crew management system market is divided into passenger airlines and cargo & defense airlines. The passenger airlines segment is anticipated to hold a significant share in the forecast period.
- By application, the market is segmented into crew operations and crew training. The crew operations segment is anticipated to hold a significant share in the forecast period.
Crew Management System Market Share Analysis by Geography
The geographic scope of the crew management system market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America has dominated the crew management system market. The growth is attributed to the technological advancement in North America. The integration of technologies such as AI and ML is increasing the efficiency and functionality of crew management systems. Moreover, the focus on digitization, research and development is fueling the market growth in North America. Additionally, the growing shift towards cloud-based solutions, regulatory compliance and operation efficiency, strategic partnership and investments is driving the crew management software market.
Crew Management System Market Report Scope
Crew Management System Market News and Recent Developments
The crew management system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the crew management system market are listed below:
- Air India announced that it will soon have a new crew management system that will help strengthen rostering rules and enable faster recovery from scheduled disruptions.
(Source: Air India, Company Website, April 2024)
- OSM and Ocean Technologies Group formed a strategic partnership to provide operational enablement across fleet, crew and learning management. To further strengthen its long-term digital strategy, leading ship manager OSM has entered into a strategic partnership with Ocean Technologies Group (OTG).
(Source: OSM, Company Website, April 2022)
Crew Management System Market Report Coverage and Deliverables
The “Crew Management System Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
- Crew management system market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Crew management system market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Crew management system market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the crew management system market.
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Deployment, Airline Type, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global crew management system market is expected to reach US$ 2.23 billion by 2030.
The expected CAGR of the crew management system market is 9.1%.
North America is anticipated to dominate the crew management system market in 2022.
The rapid growth of the aviation industry and increasing demand for efficient crew management solutions are some of the factors driving the crew management system market.
The increasing use of cloud-based software is anticipated to drive the market in the forecast period.
The key players holding majority shares in the global crew management system market are AIMS INTL DWC LLC, Airbus SE, ARCOS LLC, CAE Inc, Hitit Computer Services Ltd Co, IBS Software Pvt Ltd, Laminaar Aviation Infotech Pte Ltd, Lufthansa Systems GmbH & Co KG, PDC A/S, The Boeing Co.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Crew Management System Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Customer Requirement Analysis
5. Crew Management System Market - Key Industry Dynamics
5.1 Crew Management System Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Mandate of Compliance with Regulatory Standards
5.2.2 Rapid Growth of Aviation Industry
5.2.3 Increased Demand for Efficient Crew Management Solutions
5.3 Market Restraints
5.3.1 High Implementation Costs
5.3.2 Data Privacy and Security Concerns
5.4 Market Opportunities
5.4.1 Expanding Operations of Low-Cost Long-Haul Flights
5.4.2 Shortage of Skilled and Experienced Candidates in Aviation Industry
5.5 Future Trends
5.5.1 Growing Use of Cloud-Based Software
5.5.2 Rise of Smart Airports
5.5.3 Advanced Technology Integration
5.6 Impact of Drivers and Restraints:
6. Crew Management System Market - Global Market Analysis
6.1 Crew Management System Market Revenue (US$ Million), 2022 – 2030
6.2 Crew Management System Market Forecast and Analysis
7. Crew Management System Market Analysis - Component
7.1 Software
7.1.1 Overview
7.1.2 Software Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Services
7.2.1 Overview
7.2.2 Services Market, Revenue and Forecast to 2030 (US$ Million)
8. Crew Management System Market Analysis – Deployment Type
8.1 On-Cloud
8.1.1 Overview
8.1.2 On-Cloud Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Server-Based
8.2.1 Overview
8.2.2 Server-Based Market Revenue, and Forecast to 2030 (US$ Million)
9. Crew Management System Market Analysis – Airline Type
9.1 Passenger Airlines
9.1.1 Overview
9.1.2 Passenger Airlines Market Revenue and Forecast to 2030 (US$ Million)
9.2 Cargo & Defense Airlines
9.2.1 Overview
9.2.2 Cargo & Defense Airlines Market Revenue and Forecast to 2030 (US$ Million)
10. Crew Management System Market Analysis – Application
10.1 Crew Operations
10.1.1 Overview
10.1.2 Crew Operations Market Revenue, and Forecast to 2030 (US$ Million)
10.2 Crew Training
10.2.1 Overview
10.2.2 Crew Training Market Revenue, and Forecast to 2030 (US$ Million)
11. Crew Management System Market - Geographical Analysis
11.1 Overview
11.2 North America
11.2.1 North America Crew Management System Market Overview
11.2.2 North America Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.2.3 North America Crew Management System Market Breakdown by Component
11.2.3.1 North America Crew Management System Market Revenue and Forecasts and Analysis - By Component
11.2.4 North America Crew Management System Market Breakdown by Deployment Type
11.2.4.1 North America Crew Management System Market Revenue and Forecasts and Analysis - By Deployment Type
11.2.5 North America Crew Management System Market Breakdown by Airline Type
11.2.5.1 North America Crew Management System Market Revenue and Forecasts and Analysis - By Airline Type
11.2.6 North America Crew Management System Market Breakdown by Application
11.2.6.1 North America Crew Management System Market Revenue and Forecasts and Analysis - By Application
11.2.7 North America Crew Management System Market Revenue and Forecasts and Analysis - By Country
11.2.7.1 North America Crew Management System Market Revenue and Forecasts and Analysis - By Country
11.2.7.2 US Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.2.7.2.1 US Crew Management System Market Breakdown, by Component
11.2.7.2.2 US Crew Management System Market Breakdown, by Deployment Type
11.2.7.2.3 US Crew Management System Market Breakdown, by Airline Type
11.2.7.2.4 US Crew Management System Market Breakdown, by Application
11.2.7.3 Canada Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.2.7.3.1 Canada Crew Management System Market Breakdown, by Component
11.2.7.3.2 Canada Crew Management System Market Breakdown, by Deployment Type
11.2.7.3.3 Canada Crew Management System Market Breakdown, by Airline Type
11.2.7.3.4 Canada Crew Management System Market Breakdown, by Application
11.2.7.4 Mexico Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.2.7.4.1 Mexico Crew Management System Market Breakdown, by Component
11.2.7.4.2 Mexico Crew Management System Market Breakdown, by Deployment Type
11.2.7.4.3 Mexico Crew Management System Market Breakdown, by Airline Type
11.2.7.4.4 Mexico Crew Management System Market Breakdown, by Application
11.3 Europe
11.3.1 Europe Crew Management System Market Overview
11.3.2 Europe Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.3 Europe Crew Management System Market Breakdown by Component
11.3.3.1 Europe Crew Management System Market Revenue and Forecasts and Analysis - By Component
11.3.4 Europe Crew Management System Market Breakdown by Deployment Type
11.3.4.1 Europe Crew Management System Market Revenue and Forecasts and Analysis - By Deployment Type
11.3.5 Europe Crew Management System Market Breakdown by Airline Type
11.3.5.1 Europe Crew Management System Market Revenue and Forecasts and Analysis - By Airline Type
11.3.6 Europe Crew Management System Market Breakdown by Application
11.3.6.1 Europe Crew Management System Market Revenue and Forecasts and Analysis - By Application
11.3.7 Europe Crew Management System Market Revenue and Forecasts and Analysis - By Country
11.3.7.1 Europe Crew Management System Market Revenue and Forecasts and Analysis - By Country
11.3.7.2 Germany Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.2.1 Germany Crew Management System Market Breakdown, by Component
11.3.7.2.2 Germany Crew Management System Market Breakdown, by Deployment Type
11.3.7.2.3 Germany Crew Management System Market Breakdown, by Airline Type
11.3.7.2.4 Germany Crew Management System Market Breakdown, by Application
11.3.7.3 France Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.3.1 France Crew Management System Market Breakdown, by Component
11.3.7.3.2 France Crew Management System Market Breakdown, by Deployment Type
11.3.7.3.3 France Crew Management System Market Breakdown, by Airline Type
11.3.7.3.4 France Crew Management System Market Breakdown, by Application
11.3.7.4 Italy Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.4.1 Italy Crew Management System Market Breakdown, by Component
11.3.7.4.2 Italy Crew Management System Market Breakdown, by Deployment Type
11.3.7.4.3 Italy Crew Management System Market Breakdown, by Airline Type
11.3.7.4.4 Italy Crew Management System Market Breakdown, by Application
11.3.7.5 UK Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.5.1 UK Crew Management System Market Breakdown, by Component
11.3.7.5.2 UK Crew Management System Market Breakdown, by Deployment Type
11.3.7.5.3 UK Crew Management System Market Breakdown, by Airline Type
11.3.7.5.4 UK Crew Management System Market Breakdown, by Application
11.3.7.6 Russia Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.6.1 Russia Crew Management System Market Breakdown, by Component
11.3.7.6.2 Russia Crew Management System Market Breakdown, by Deployment Type
11.3.7.6.3 Russia Crew Management System Market Breakdown, by Airline Type
11.3.7.6.4 Russia Crew Management System Market Breakdown, by Application
11.3.7.7 Rest of Europe Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.7.1 Rest of Europe Crew Management System Market Breakdown, by Component
11.3.7.7.2 Rest of Europe Crew Management System Market Breakdown, by Deployment Type
11.3.7.7.3 Rest of Europe Crew Management System Market Breakdown, by Airline Type
11.3.7.7.4 Rest of Europe Crew Management System Market Breakdown, by Application
11.4 APAC
11.4.1 APAC Crew Management System Market Overview
11.4.2 APAC Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.3 APAC Crew Management System Market Breakdown by Component
11.4.3.1 APAC Crew Management System Market Revenue and Forecasts and Analysis - By Component
11.4.4 APAC Crew Management System Market Breakdown by Deployment Type
11.4.4.1 APAC Crew Management System Market Revenue and Forecasts and Analysis - By Deployment Type
11.4.5 APAC Crew Management System Market Breakdown by Airline Type
11.4.5.1 APAC Crew Management System Market Revenue and Forecasts and Analysis - By Airline Type
11.4.6 APAC Crew Management System Market Breakdown by Application
11.4.6.1 APAC Crew Management System Market Revenue and Forecasts and Analysis - By Application
11.4.7 APAC Crew Management System Market Revenue and Forecasts and Analysis - By Country
11.4.7.1 APAC Crew Management System Market Revenue and Forecasts and Analysis - By Country
11.4.7.2 Australia Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.2.1 Australia Crew Management System Market Breakdown, by Component
11.4.7.2.2 Australia Crew Management System Market Breakdown, by Deployment Type
11.4.7.2.3 Australia Crew Management System Market Breakdown, by Airline Type
11.4.7.2.4 Australia Crew Management System Market Breakdown, by Application
11.4.7.3 China Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.3.1 China Crew Management System Market Breakdown, by Component
11.4.7.3.2 China Crew Management System Market Breakdown, by Deployment Type
11.4.7.3.3 China Crew Management System Market Breakdown, by Airline Type
11.4.7.3.4 China Crew Management System Market Breakdown, by Application
11.4.7.4 India Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.4.1 India Crew Management System Market Breakdown, by Component
11.4.7.4.2 India Crew Management System Market Breakdown, by Deployment Type
11.4.7.4.3 India Crew Management System Market Breakdown, by Airline Type
11.4.7.4.4 India Crew Management System Market Breakdown, by Application
11.4.7.5 Japan Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.5.1 Japan Crew Management System Market Breakdown, by Component
11.4.7.5.2 Japan Crew Management System Market Breakdown, by Deployment Type
11.4.7.5.3 Japan Crew Management System Market Breakdown, by Airline Type
11.4.7.5.4 Japan Crew Management System Market Breakdown, by Application
11.4.7.6 South Korea Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.6.1 South Korea Crew Management System Market Breakdown, by Component
11.4.7.6.2 South Korea Crew Management System Market Breakdown, by Deployment Type
11.4.7.6.3 South Korea Crew Management System Market Breakdown, by Airline Type
11.4.7.6.4 South Korea Crew Management System Market Breakdown, by Application
11.4.7.7 Rest of APAC Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.7.1 Rest of APAC Crew Management System Market Breakdown, by Component
11.4.7.7.2 Rest of APAC Crew Management System Market Breakdown, by Deployment Type
11.4.7.7.3 Rest of APAC Crew Management System Market Breakdown, by Airline Type
11.4.7.7.4 Rest of APAC Crew Management System Market Breakdown, by Application
11.5 Middle East & Africa (MEA)
11.5.1 MEA Crew Management System Market Overview
11.5.2 MEA Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.5.3 MEA Crew Management System Market Breakdown by Component
11.5.3.1 MEA Crew Management System Market Revenue and Forecasts and Analysis - By Component
11.5.4 MEA Crew Management System Market Breakdown by Deployment Type
11.5.4.1 MEA Crew Management System Market Revenue and Forecasts and Analysis - By Deployment Type
11.5.5 MEA Crew Management System Market Breakdown by Airline Type
11.5.5.1 MEA Crew Management System Market Revenue and Forecasts and Analysis - By Airline Type
11.5.6 MEA Crew Management System Market Breakdown by Application
11.5.6.1 MEA Crew Management System Market Revenue and Forecasts and Analysis - By Application
11.5.7 MEA Crew Management System Market Revenue and Forecasts and Analysis - By Country
11.5.7.1 MEA Crew Management System Market Revenue and Forecasts and Analysis - By Country
11.5.7.2 South Africa Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.5.7.2.1 South Africa Crew Management System Market Breakdown, by Component
11.5.7.2.2 South Africa Crew Management System Market Breakdown, by Deployment Type
11.5.7.2.3 South Africa Crew Management System Market Breakdown, by Airline Type
11.5.7.2.4 South Africa Crew Management System Market Breakdown, by Application
11.5.7.3 Saudi Arabia Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.5.7.3.1 Saudi Arabia Crew Management System Market Breakdown, by Component
11.5.7.3.2 Saudi Arabia Crew Management System Market Breakdown, by Deployment Type
11.5.7.3.3 Saudi Arabia Crew Management System Market Breakdown, by Airline Type
11.5.7.3.4 Saudi Arabia Crew Management System Market Breakdown, by Application
11.5.7.4 UAE Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.5.7.4.1 UAE Crew Management System Market Breakdown, by Component
11.5.7.4.2 UAE Crew Management System Market Breakdown, by Deployment Type
11.5.7.4.3 UAE Crew Management System Market Breakdown, by Airline Type
11.5.7.4.4 UAE Crew Management System Market Breakdown, by Application
11.5.7.5 Rest of MEA Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.5.7.5.1 Rest of MEA Crew Management System Market Breakdown, by Component
11.5.7.5.2 Rest of MEA Crew Management System Market Breakdown, by Deployment Type
11.5.7.5.3 Rest of MEA Crew Management System Market Breakdown, by Airline Type
11.5.7.5.4 Rest of MEA Crew Management System Market Breakdown, by Application
11.6 South America (SAM)
11.6.1 SAM Crew Management System Market Overview
11.6.2 SAM Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.6.3 SAM Crew Management System Market Breakdown by Component
11.6.3.1 SAM Crew Management System Market Revenue and Forecasts and Analysis - By Component
11.6.4 SAM Crew Management System Market Breakdown by Deployment Type
11.6.4.1 SAM Crew Management System Market Revenue and Forecasts and Analysis - By Deployment Type
11.6.5 SAM Crew Management System Market Breakdown by Airline Type
11.6.5.1 SAM Crew Management System Market Revenue and Forecasts and Analysis - By Airline Type
11.6.6 SAM Crew Management System Market Breakdown by Application
11.6.6.1 SAM Crew Management System Market Revenue and Forecasts and Analysis - By Application
11.6.7 SAM Crew Management System Market Revenue and Forecasts and Analysis - By Country
11.6.7.1 SAM Crew Management System Market Revenue and Forecasts and Analysis - By Country
11.6.7.2 Brazil Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.6.7.2.1 Brazil Crew Management System Market Breakdown, by Component
11.6.7.2.2 Brazil Crew Management System Market Breakdown, by Deployment Type
11.6.7.2.3 Brazil Crew Management System Market Breakdown, by Airline Type
11.6.7.2.4 Brazil Crew Management System Market Breakdown, by Application
11.6.7.3 Argentina Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.6.7.3.1 Argentina Crew Management System Market Breakdown, by Component
11.6.7.3.2 Argentina Crew Management System Market Breakdown, by Deployment Type
11.6.7.3.3 Argentina Crew Management System Market Breakdown, by Airline Type
11.6.7.3.4 Argentina Crew Management System Market Breakdown, by Application
11.6.7.4 Rest of SAM Crew Management System Market Revenue and Forecasts to 2030 (US$ Mn)
11.6.7.4.1 Rest of SAM Crew Management System Market Breakdown, by Component
11.6.7.4.2 Rest of SAM Crew Management System Market Breakdown, by Deployment Type
11.6.7.4.3 Rest of SAM Crew Management System Market Breakdown, by Airline Type
11.6.7.4.4 Rest of SAM Crew Management System Market Breakdown, by Application
12. Crew Management System Market – Impact of COVID-19 Pandemic
12.1 Pre & Post Covid-19 Impact
13. Competitive Landscape
13.1 Heat Map Analysis By Key Players
13.2 Company Positioning & Concentration
13.3 Product Comparison
13.3.1 Product Comparison of Crew Management Systems
14. Industry Landscape
14.1 Overview
14.2 Market Initiative
14.3 Product Development
14.4 Mergers & Acquisitions
15. Company Profiles
15.1 AIMS INTL DWC LLC
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 Airbus SE
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.3 ARCOS LLC
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 CAE Inc
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 Hitit Computer Services Ltd Co
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
15.6 IBS Software Pvt Ltd
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.6.6 Key Developments
15.7 Laminaar Aviation Infotech Pte Ltd
15.7.1 Key Facts
15.7.2 Business Description
15.7.3 Products and Services
15.7.4 Financial Overview
15.7.5 SWOT Analysis
15.7.6 Key Developments
15.8 Lufthansa Systems GmbH & Co KG
15.8.1 Key Facts
15.8.2 Business Description
15.8.3 Products and Services
15.8.4 Financial Overview
15.8.5 SWOT Analysis
15.8.6 Key Developments
15.9 PDC A/S
15.9.1 Key Facts
15.9.2 Business Description
15.9.3 Products and Services
15.9.4 Financial Overview
15.9.5 SWOT Analysis
15.9.6 Key Developments
15.10 The Boeing Co
15.10.1 Key Facts
15.10.2 Business Description
15.10.3 Products and Services
15.10.4 Financial Overview
15.10.5 SWOT Analysis
15.10.6 Key Developments
16. Appendix
16.1 Word Index
List of Tables
Table 1. Crew Management System Market Segmentation
Table 2. Crew Management System Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Crew Management System Market Revenue and Forecasts To 2030 (US$ Million) – Component
Table 4. Crew Management System Market Revenue and Forecasts To 2030 (US$ Million) – Deployment Type
Table 5. Crew Management System Market Revenue and Forecasts To 2030 (US$ Million) – Airline Type
Table 6. Crew Management System Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 7. North America Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 8. North America Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 9. North America Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 10. North America Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 11. North America Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 12. US Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 13. US Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 14. US Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 15. US Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 16. Canada Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 17. Canada Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 18. Canada Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 19. Canada Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 20. Mexico Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 21. Mexico Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 22. Mexico Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 23. Mexico Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 24. Europe Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 25. Europe Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 26. Europe Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 27. Europe Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 28. Europe Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 29. Germany Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 30. Germany Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 31. Germany Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 32. Germany Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 33. France Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 34. France Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 35. France Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 36. France Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 37. Italy Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 38. Italy Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 39. Italy Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 40. Italy Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 41. UK Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 42. UK Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 43. UK Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 44. UK Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 45. Russia Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 46. Russia Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 47. Russia Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 48. Russia Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 49. Rest of Europe Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 50. Rest of Europe Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 51. Rest of Europe Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 52. Rest of Europe Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 53. APAC Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 54. APAC Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 55. APAC Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 56. APAC Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 57. APAC Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 58. Australia Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 59. Australia Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 60. Australia Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 61. Australia Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 62. China Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 63. China Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 64. China Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 65. China Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 66. India Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 67. India Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 68. India Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 69. India Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 70. Japan Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 71. Japan Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 72. Japan Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 73. Japan Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 74. South Korea Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 75. South Korea Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 76. South Korea Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 77. South Korea Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 78. Rest of APAC Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 79. Rest of APAC Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 80. Rest of APAC Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 81. Rest of APAC Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 82. MEA Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 83. MEA Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 84. MEA Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 85. MEA Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 86. MEA Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 87. South Africa Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 88. South Africa Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 89. South Africa Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 90. South Africa Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 91. Saudi Arabia Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 92. Saudi Arabia Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 93. Saudi Arabia Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 94. Saudi Arabia Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 95. UAE Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 96. UAE Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 97. UAE Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 98. UAE Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 99. Rest of MEA Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 100. Rest of MEA Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 101. Rest of MEA Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 102. Rest of MEA Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 103. SAM Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 104. SAM Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 105. SAM Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 106. SAM Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 107. SAM Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 108. Brazil Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 109. Brazil Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 110. Brazil Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 111. Brazil Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 112. Argentina Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 113. Argentina Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 114. Argentina Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 115. Argentina Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 116. Rest of SAM Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 117. Rest of SAM Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment Type
Table 118. Rest of SAM Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Airline Type
Table 119. Rest of SAM Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 120. Heat Map Analysis By Key Players
Table 121. List of Abbreviation
List of Figures
Figure 1. Crew Management System Market Segmentation, By Geography
Figure 2. PEST Analysis
Figure 3. Ecosystem: Crew Management System Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Crew Management System Market Breakdown by Geography, 2022 and 2030 (%)
Figure 6. Crew Management System Market Revenue (US$ Million), 2022 – 2030
Figure 7. Crew Management System Market Share (%) – Component, 2022 and 2030
Figure 8. Software Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Services Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Crew Management System Market Share (%) – Deployment Type, 2022 and 2030
Figure 11. On-Cloud Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Server-Based Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Crew Management System Market Share (%) – Airline Type, 2022 and 2030
Figure 14. Passenger Airlines Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Cargo & Defense Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Crew Management System Market Share (%) – Application, 2022 and 2030
Figure 17. Crew Operations Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Crew Training Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Crew Management System Market Breakdown by Region, 2022 and 2030 (%)
Figure 20. North America Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 21. North America Crew Management System Market Breakdown by Component (2022 and 2030)
Figure 22. Crew Management System Market Breakdown by Industry (2022 and 2030)
Figure 23. North America Crew Management System Market Breakdown by Airline Type (2022 and 2030)
Figure 24. Crew Management System Market Breakdown by Application (2022 and 2030)
Figure 25. Crew Management System Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 26. US Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 27. Canada Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. Mexico Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 29. Europe Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. Europe Crew Management System Market Breakdown by Component (2022 and 2030)
Figure 31. Crew Management System Market Breakdown by Industry (2022 and 2030)
Figure 32. Europe Crew Management System Market Breakdown by Airline Type (2022 and 2030)
Figure 33. Crew Management System Market Breakdown by Application (2022 and 2030)
Figure 34. Crew Management System Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 35. Germany Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 36. France Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 37. Italy Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 38. UK Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 39. Russia Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 40. Rest of Europe Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 41. APAC Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 42. APAC Crew Management System Market Breakdown by Component (2022 and 2030)
Figure 43. Crew Management System Market Breakdown by Industry (2022 and 2030)
Figure 44. APAC Crew Management System Market Breakdown by Airline Type (2022 and 2030)
Figure 45. Crew Management System Market Breakdown by Application (2022 and 2030)
Figure 46. Crew Management System Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 47. Australia Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 48. China Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 49. India Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 50. Japan Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 51. South Korea Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 52. Rest of APAC Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 53. MEA Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 54. MEA Crew Management System Market Breakdown by Component (2022 and 2030)
Figure 55. Crew Management System Market Breakdown by Industry (2022 and 2030)
Figure 56. MEA Crew Management System Market Breakdown by Airline Type (2022 and 2030)
Figure 57. Crew Management System Market Breakdown by Application (2022 and 2030)
Figure 58. Crew Management System Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 59. South Africa Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 60. Saudi Arabia Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 61. UAE Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 62. Rest of MEA Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 63. SAM Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 64. SAM Crew Management System Market Breakdown by Component (2022 and 2030)
Figure 65. Crew Management System Market Breakdown by Industry (2022 and 2030)
Figure 66. SAM Crew Management System Market Breakdown by Airline Type (2022 and 2030)
Figure 67. Crew Management System Market Breakdown by Application (2022 and 2030)
Figure 68. Crew Management System Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 69. Brazil Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 70. Argentina Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 71. Rest of SAM Crew Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 72. Company Positioning & Concentration
The List of Companies - Crew Management System Market
- AIMS INTL DWC LLC
- Airbus SE
- ARCOS LLC
- CAE Inc
- Hitit Computer Services Ltd Co
- IBS Software Pvt Ltd
- Laminaar Aviation Infotech Pte Ltd
- Lufthansa Systems GmbH & Co KG
- PDC A/S
- The Boeing Co
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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