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Aviation Crew Management System Market to Reach $5.61 Billion, Globally, by 2032 at 8.16% CAGR: Allied Market Research

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The global aviation crew management system market is driven by factors such as growth in adoption in civil aviation and surge in applications of crew management such as planning and tracking.

WILMINGTON, Del., Feb. 22, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Aviation Crew Management System Market by Component (Solution and Services) Application (Planning, Training, Tracking, and Others), End-User (Commercial Aviation, Military and Defense, and Cargo Airlines), and Deployment Mode (Cloud Based and On-premises): Global Opportunity Analysis and Industry Forecast, 2022–2032”. According to the report, the global aviation crew management system market size was valued at $2.61 billion in 2022 and is projected to reach $5.61 billion by 2032, registering a CAGR of 8.16% from 2023 to 2032.

(We are providing aviation crew management system Industry report as per your research requirement, including the Latest Industry Insight’s Evolution, Potential and Russia-Ukraine War Impact Analysis)

172 – Tables52 – Charts314 – Pages

Download Sample Report and Table of Content – https://www.alliedmarketresearch.com/request-sample/A177928

Prime determinants of growth

The global aviation crew management system market is driven by factors such as increase in the adoption of integrated platforms, which fuels the demand for aviation crew management systems. In addition, the market is influenced by increase in the need for AI and IOT technologies in aviation. However, high development costs and immobility restrict the market growth. Moreover, rise in investments in civil aviation provides lucrative opportunities for the market growth.

Report Coverage and Details:

Report Coverage

Details

Forecast Period

2022–2032

Base Year

2022

Market Size In 2022

$2.61 Billion

Market Size In 2032

$5.61 Billion

CAGR

8.16 %

No. Of Pages In Report

314

Segments Covered

Component, Application, End-User, Deployment Mode, And Region.

Drivers

Increase In The Need For AI And IOT Technologies In Aviation

Increase In Adoption Of Integrated Platforms

Opportunities

Growth In Investments In Civil Aviation

Restraints

High Development Costs And Immobility Restrict The Market Growth

 

The planning segment to maintain its leadership status throughout the forecast period

By application, the planning segment held the highest market share in 2022, accounting for more than two-fifths of the global aviation crew management system market revenue, and is estimated to maintain its leadership status throughout the forecast period.

Aviation crew management systems have been increasingly incorporating artificial intelligence (AI) and machine learning algorithms to optimize crew scheduling, improve operational efficiency, and enhance decision-making processes.

Historical Insights

The global aviation crew management system market is marked by fierce competition among prominent players like CAE Inc., IBS Software Services, Jeppesen (Boeing Company), Lufthansa Systems, AIMS International Ltd, and NAVBLUE Company. Established vendors with robust technical and financial capabilities are poised to lead, given their ability to meet the high market demand. The competitive landscape is anticipated to intensify with ongoing technological innovations, product expansions, and diverse strategies employed by key industry players.

Key Developments and Strategies in the Aviation Crew Management System:

In March 2022, DGCA closely monitored all Boeing 737 fleets in the wake of a similar aircraft crash at China Eastern Airlines, emphasizing a heightened focus on safety and regulatory compliance.July 2022 saw Garmin introducing new features in its Garmin Pilot product, showcasing graphical layouts for aircraft details, including passenger seating, cargo, and fuel station information.Lufthansa Systems, in October 2022, collaborated with Ditto, a peer-to-peer database business, to develop an advanced crew app utilizing Apple’s Swift UI framework. This move exemplifies a proactive digitalization strategy aimed at enhancing operational efficiency, communication, and overall crew productivity.February 2022 witnessed Honeywell launching the “Honeywell Forge Pilot Connect app” and “Honeywell Forge Flight Efficiency” app for pilots. These apps foster crew connectivity and contribute to improved fuel efficiency by providing insights and recommendations. The market is witnessing a surge in automation, including AI adoption and cloud-based technology, alongside the development of mobile applications, propelling the aviation crew management system market. The aviation technology integration market is forecasted to reach $89.1 billion by 2031, growing at a CAGR of 15.9% from 2022 to 2032.

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The solution segment to maintain its leadership status throughout the forecast period

By component, the solution segment held the highest market share in 2022, accounting for nearly three-fifths of the global aviation crew management system market, and is estimated to maintain its leadership status throughout the forecast period. The integration of artificial intelligence (AI) technologies to enhance autonomous capabilities, enable intelligent decision-making, improve target recognition and tracking, and enhance situational awareness in complex environments is contributing to the market growth.

The cloud-based segment to maintain its leadership status throughout the forecast period

By deployment mode, the cloud-based segment held the highest market share in 2022, accounting for more than half of the global aviation crew management system market and is estimated to maintain its leadership status throughout the forecast period. However, the same segment is projected to manifest the highest CAGR of 8.46% from 2023 to 2032, owing to a shift towards cloud-based crew management systems, offering greater flexibility, scalability, and accessibility compared to traditional on-premises solutions. Cloud-based platforms allow airlines to access real-time data, collaborate more efficiently, and streamline operations across multiple locations.

The commercial aviation segment to maintain its leadership status throughout the forecast period

By end user, the commercial aviation segment held the highest market share in 2022, accounting for more than two-fifths of the global aviation crew management system market and is estimated to maintain its leadership status throughout the forecast period. The commercial aviation crew management system market is primarily driven by the increasing need for airlines to optimize crew utilization, ensure regulatory compliance, and enhance operational efficiency.

North America to maintain its dominance by 2032

By region, North America held the highest market share in terms of revenue in 2022, accounting for more than one-fourth of the aviation crew management system market revenue and is expected to dominate the market during the forecast period. This is owing to increase in aviation demand in the emerging markets of the U.S. and Canada. However, the Asia-Pacific region is expected to witness the fastest CAGR of 9.68% from 2023 to 2032.

Key Highlights from the Aviation Crew Management System Report

The study delves into the demand for aviation crew management systems across more than 16 countries, offering a comprehensive country-by-country breakdown analysis in terms of value ($million) spanning from 2022 to 2032.Our research methodology integrates high-quality data, expert opinions, and thorough independent assessments to present a well-rounded perspective of the global market landscape. The primary objective is to empower stakeholders with insightful information, enabling them to make informed decisions and achieve ambitious growth goals.With an extensive review of over 3,700 product catalogs, annual reports, industry descriptions, and other pertinent resources from leading players in the industry, our research endeavors to provide an in-depth understanding of the market dynamics.

Procure Complete Research Report (PDF with Qualitative and Quotative Data, Insights, Statistics, Tables, Charts, Figures) – https://www.alliedmarketresearch.com/aviation-crew-management-system-market/purchase-options

Leading Market Players: –

CAE Inc.IBS Software ServicesJeppesen (Boeing Company)Lufthansa SystemsAIMS International LtdNAVBLUE CompanyMphasis CompanyIntelisys SystemHitit Software ServicesLeon Software

The report provides a detailed analysis of these key players in the global aviation crew management system market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Lichen China Limited Announces $2.8 Million Registered Direct Offering

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XIAMEN, China, Dec. 26, 2024 /PRNewswire/ — Lichen China Limited (Nasdaq: LICN) (“Lichen China” or the “Company”), a dedicated financial and taxation service provider in China today announced that it has entered into a definitive agreement with several investors for the purchase and sale of an aggregate of 20,000,000 of the Company’s Class A ordinary share, par value $0.00004 per share (the “Shares”) (or pre-funded warrants in lieu thereof) at a purchase price of $0.14 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.001 per share.

The aggregate gross proceeds to the Company of this offering are expected to be approximately $2.8 million. The transaction is expected to close on or about December 27, 2024, subject to the satisfaction of customary closing conditions.

Univest Securities, LLC is acting as the sole placement agent.

The registered direct offering is being made pursuant to a shelf registration statement on Form F-3 (File No. 333-277230) previously filed by the Company and declared effective by the U.S. Securities and Exchange Commission (“SEC”) on March 1, 2024. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Univest Securities, LLC at info@univest.us, or by calling +1 (212) 343-8888.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus will be filed by the Company and, upon filing, can be obtained at the SEC’s website at www.sec.gov.

About Lichen China Limited

Lichen China Limited focuses on providing financial and taxation solution services, education support services, and software and maintenance services under its “Lichen” brand. In recognition of the Company’s expertise and experience in the financial and taxation solution services industry for over 18 years, the Company has built up its reputation as a dedicated financial and taxation solution services provider of professional and high-quality services in China. For more information, please visit the Company’s website: https://ir.lichenzx.com/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

Tian Sun
Phone: +86-0592-5586999
Email: ir@lichenzx.com

View original content:https://www.prnewswire.com/news-releases/lichen-china-limited-announces-2-8-million-registered-direct-offering-302339364.html

SOURCE Lichen China Limited

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Elvis Birthday Celebration tour kicks off at the Miniaci Performing Arts Center January 5th

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This January 8th would have been the King’s Birthday. Gone but never forgotten, his image, music, films and memories live on as a testament to his true effect and influence on his generation and future generations to come. Keeping the memory alive at countless venues throughout the country, Chris MacDonald lovingly shares the magic of the “King of Rock-n-Roll” with his full production tribute Memories of Elvis Rockin Birthday Bash

FORT LAUDERDALE, Fla., Dec. 26, 2024 /PRNewswire-PRWeb/ — Elvis Presley Birthday Celebration Florida Tour kicks off at the Miniaci Performing Arts Center at Nova Southeastern University Davie Campus on January 5th with Chris MacDonald’s Memories of Elvis Rockin Birthday Bash, a multi-media full production tribute celebrating the life and music of the King of Rock-n-Roll.

“Adding to the authenticity of his tribute, Chris has the honor of being the only tribute artist hired by Elvis Presley Enterprises to perform at Graceland’s Heartbreak Hotel.”

This January 8th would have been the King’s Birthday. Gone but never forgotten, his image, music, films and memories live on as a testament to his true effect and influence on his generation and future generations to come. The original American Rock-n-Roll Idol who influenced the Beatles, The Rolling Stones and anyone that has ever picked up a guitar or a microphone since, continues to engage our love affair with his all American story of a shy poor and humble country boy that became the King of Rock-n-Roll. Elvis Presley, recognized by TIME magazine as the “Artist of the 20th Century,” has sold more records than any other artist or group in the history of modern music. Even after death, his image and music continue to be loved and celebrated throughout the world. With the critically acclaimed big screen biopic “Elvis” by director Baz Luhrmann starring Austin Butler as Elvis and Tom Hanks as Colonel Tom Parker, Elvis’s music and charisma are once again in the spotlight for a whole new generation and there’s no sign of the King leaving the building of Rock-n-Roll icon status.

Keeping the memory alive at countless venues throughout the country, Chris MacDonald lovingly shares the magic of the “King of Rock-n-Roll” with his full production tribute Memories of Elvis. Chris’s show is not an overdone impersonation. It is a natural heartfelt tribute to a legendary performer and music icon. With his dynamic production band, Chris MacDonald draws his audience in with the look, sounds, and nuances that made Elvis the King of Rock-n- Roll!

Adding to the authenticity of his tribute, Chris MacDonald has the honor of being the only tribute artist hired by Elvis Presley Enterprises to perform at Graceland’s Heartbreak Hotel. An energetic and experienced entertainer, MacDonald has also starred in the famous “Legends in Concert” stage productions and has performed in Branson, MO, and Las Vegas, NV. Chris has also performed in Concert with Elvis Presley’s original back up group The Jordanaires and D.J. Fontana Elvis original drummer “The Beat Behind The King” at the famous Seminole Hard Rock Live Concert Venue in Hollywood Florida and other venues throughout the country.

With this newly updated production, the show will include costume changes and songs representing the different stages of Elvis’s incredible career including the 1950′s, the Movies, the 1968 Comeback and the 1970′s White Fringe Vegas Concerts. It’s all a part of this fun loving tribute to one of the greatest entertainers of all time.

Get “All shook up” and celebrate the life and music of the King of Rock-n-Roll with Chris MacDonald’s Memories of Elvis Rockin Birthday Bash.

Florida Tour Dates:

January 5, 2025 2pm (Sunday)

Rose and Alfred Miniaci Performing Arts Center

Nova Southeastern University

3100 Ray Ferrero Junior Boulevard,

Davie, FL 33314

Box Office: 954-462-0222

https://www.miniacipac.com/events/detail/chris-macdonalds-memories-of-elvis-rockin-birthday-bash-2025

 

January 16, 2025 7:30 pm (Thursday)

Barbara B Mann Performing Arts Hall

Southwestern State College

13350 FSW Parkway, Fort Myers, FL 33919

Box Office: 800-440-7469 • 239-481-4849

https://www.bbmannpah.com/events/detail/chris-macdonalds-memories-of-elvis-2025-fort-myers

 

January 18, 2025 7:30 pm (Saturday)

Sunrise Theatre

117 S 2nd Street, Fort Pierce, FL 34950

Box office: 772-461-4775

https://www.sunrisetheatre.com/shows/memories-of-elvis-rockin-birthday-bash/

Media Contact

Donna Oz, CME Inc, 1 954341-6005, info@chrismacdonaldselvis.com, https://www.elvispresleystory.com/

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SOURCE CME Inc; CME Inc

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VIVOTEK Wins Double Honors for Its Commitment to Sustainability

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TAIPEI, Dec. 26, 2024 /PRNewswire/ — VIVOTEK (3454-TW), the global leading security solution provider, has once again demonstrated its outstanding commitment to sustainability. Participating for the first time in the 17th Taiwan Corporate Sustainability Awards (TCSA), VIVOTEK emerged victorious, earning the Sustainability Report Award for the Information, Communication, and Broadcasting Industry and the Taiwan Corporate Sustainability Excellence Award. These recognitions showcase VIVOTEK’s remarkable success in corporate governance, environmental protection, and social responsibility, affirming its dedication to sustainable growth.

Pioneering Sustainability with Dual Recognition

“For over seven years, VIVOTEK has independently published sustainability reports, actively driving and disclosing our internal sustainability initiatives.” said Allen Hsieh, VIVOTEK’s Spokesperson and Director of the Global Marketing Division. “These awards not only recognize our integrity and efforts in presenting operational performance, environmental data, and social impact but also serve as a strong motivation for us to continue advancing on the path of sustainable development.”

Driving Sustainability through AI Innovation

VIVOTEK delivers advanced AI-powered security solutions built on cutting-edge AI and edge computing technologies. Beyond innovation, the company drives green initiatives, reduces its carbon footprint, and fosters a sustainable, supportive workplace.

Committed to social responsibility, VIVOTEK leads the security industry’s sustainability efforts through its ‘Safety Map’ initiative. For four years, employees have formed security teams to enhance safety in neighborhoods, care centers, and schools with on-site assessments and improvement plans.

In 2024, VIVOTEK will expand its efforts to Hualien’s Dacheng Village, where it will help improve local safety environments and support cultural preservation and tourism revitalization. These actions reflect its dedication to sustainability, community well-being, and lasting societal contributions.

Security Sustainability as a Foundation for Social Impact

VIVOTEK proudly received two prestigious honors at the Taiwan Corporate Sustainability Awards, highlighting its dedication to sustainable practices. These accolades inspire the company to deepen its internal efforts and mark the start of an exciting new chapter.

Building on this achievement, VIVOTEK aims to strengthen its mission of becoming the world’s most trusted smart security brand. By aligning with global market needs and fostering collaboration with customers, partners, and employees, VIVOTEK is committed to shaping a sustainable future founded on mutual trust and shared success.

To learn more about VIVOTEK’s sustainability initiatives, please refer to the 2023 Sustainability Report.

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SOURCE VIVOTEK Inc.

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