At 6.6% CAGR, Europe Flight Planning Software Market is Projected to be Worth US$ 293.94 Million by 2031, says Business Market Insights

According to Business Market Insights research, the Europe flight planning software market was valued at US$ 175.73 million in 2023 and is expected to reach US$ 293.94 million by 2031, registering a CAGR of 6.6% from 2023 to 2031. Rise in adoption of artificial intelligence (AI) in flight management operations and increasing global aircraft fleet size and air traffic growth are among the critical factors attributed to drive the Europe flight planning software market growth.

The use of artificial intelligence (AI) in the field of flight management operations, such as flight planning, route optimization, and flight scheduling, has gained a lot of attention and interest in recent years. The development of AI-supported flight planning systems is still in its nascent stage; however, it holds the potential to fundamentally change the process of flight planning. The discipline of flight planning is undergoing significant change and transformation due to the emergence and further development of artificial intelligence (AI). AI-supported systems are currently being used to automate various operations, make predictions, and provide helpful recommendations to pilots and dispatchers in planning flights that are both more efficient and safer. This allows airlines to quickly adapt to dynamic circumstances and improve real-time flight plans in flight. Applications of artificial intelligence (AI) contribute to the establishment of an air transport system that is both effective and efficient while promoting sustainability. AI technologies have the potential to revolutionize flight planning operations, resulting in increased efficiency and effectiveness. There is one worldwide growing trend among airlines to implement artificial intelligence (AI) systems for the purpose of optimizing flight routes. Notable airline examples include United Airlines, Delta Airlines, Alaska Airlines, and American Airlines, which use AI-integrated software for flight management operations. It is expected that the continuous development of AI technology will lead to the dissemination of breakthrough and paradigm-changing applications within this domain. Airline operators are integrating artificial intelligence (AI)-capable software for subsequent tasks such as analyzing weather data, traffic data, weather forecasting, fuel-use optimization, and flight planning analysis. Companies and airline operators are increasingly engaged in adopting strategies to focus on the integration of advanced technologies such as AI, machine learning, automation, and digitalization to improve flight management experience. For instance, in September 2024, Alaska Airlines collaborated with UP. Labs to launch Odysee (a new software solution). This AI-based software platform is aimed at easing flight scheduling operations by using AI and big data to create flight plans and monitor how changes in flight scheduling impact revenue, profit, and reliability. Using machine learning models from the National Airspace System, Flyways AI predicts future scenarios and manages exceptions across the network by processing millions of data quickly and with even greater precision. Other organizations or companies engaged in the development of AI-based flight planning software include Skyfish Corporation and EUROCONTROL. Hence, the rise in the adoption of artificial intelligence (AI) in flight management operations is expected to be the key trend in the flight planning software market during the forecast period.

On the contrary, the rising instances of cyberattacks on aviation sector hampers the growth of Europe flight planning software market.

Based on deployment, the Europe flight planning software market is bifurcated into cloud and on-premise. The cloud segment held 77.3% market share in 2023, amassing US$ 102.19 million. It is projected to garner US$ 171.05 million by 2031 to register 6.7% CAGR during 2023–2031.

Based on component, the Europe flight planning software market is bifurcated into software and services. The software segment held 75.3% share of Europe flight planning software market in 2023, amassing US$ 132.26 million. It is anticipated to garner US$ 217.50 million by 2031 to expand at 6.4% CAGR during 2023–2031.

By application, the Europe flight planning software market is segmented into logistics and cargo, airport, private airlines, commercial airlines, flight school and training center, military and defense. The commercial airlines segment held 45.0% market share in 2023, amassing US$ 79.06 million. It is projected to garner US$ 139.12 million by 2031 to register 7.3% CAGR during 2023–2031.

By country, the Europe flight planning software market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Our regional analysis states that Germany captured 25.4% share of Europe flight planning software market in 2023. It was assessed at US$ 44.60 million in 2023 and is likely to hit US$ 73.19 million by 2031, registering a CAGR of 6.4% during 2023–2031.

Key players operating in the flight planning software market are CAE Inc; Collins Aerospace; NAV Flight Services LLC; Jeppesen Sanderson, Inc.; Sabre Corp; NAVBLUE; FSS GmbH; Laminaar Aviation Infotech Pte Ltd; Chetu Inc; AIMS INTL DWC LLC; eTT Aviation; ForeFlight LLC; Amadeus IT Group SA; Universal Weather and Aviation, Inc.; Airsupport A/S; Deutsche Lufthansa AG; and RocketRoute Ltd.  among others.

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