Press release
Electronic Flight Bag Market 2018 Global Key Leaders: UTC Aerospace Systems, Rockwell Collins, Teledyne Controls, L-3 Communications Holdings, NavAero, Airbus Group
Market research future published a raw research report on global electronic flight bag market that contains the information from 2016 to 2022. Electronic flight bag market is expected to grow with the CAGR of approximately 6% from 2016 to 2022.Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “global electronic flight bag Market Information from 2016 to 2022"
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Key Players
We recognize the key players in the global electronic flight bag market as UTC Aerospace Systems (U.S.), International Flight Support (Denmark), Astronautics Corporation of America (U.S.), The Boeing Company (U.S.), Esterline CMC Electronics (Canada), NavAero AB (Sweden), Airbus Group SE (France), Rockwell Collins Inc (U.S.), L-3 Communications Holdings, Inc, (U.S.), Teledyne Controls LLC (U.S.), Thales Group (France), DAC International Inc (U.S.), Lufthansa Systems (Germany), Flightman (Ireland).
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global electronic flight bag market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
North America accounts for the highest market share during the forecast period
North America accounted for the largest market share due to growing commercial aircraft and reduction of aircraft maintenance. North-America accounted for market share of 41.95% in 2011, with a market value of USD 683.5 million and grew at the CAGR of 12.38% during the forecast period. Europe was the second-largest market in 2011, valued at USD 551.8 million in 2011; it is projected to grow at a CAGR of 12.44% during the forecast period. Asia- Pacific is projected to be the fastest growing market during the forecast period.
The factors which drives the growth of electronic flight bag market are safety and replacement of all paper-based manuals. The Electronic flight bag helps to keep pilots up-to-date on live weather and assist in route management to avoid discretionary fuel burn. It also updates by means of satellite communications to the flight deck make pilots aware of bad weather or turbulence. Replacement of all paper-based manuals by eliminating paper from the flight deck saves weight and makes it more convenient. It also helps to ensure that they are always up to date and reduces delays. For instance, video surveillance display or flight performance calculations based on data provided to the flight crew
The report has been analyzed based on the type, application and region. On the basis of type, Class 2 segment accounts for the largest share in the global electronic flight bag market due to increase in elimination of paper, convenience and light weighted. Class 1 segment is the second largest on the basis of type and is projected to grow at a CAGR of 12.70% during the forecast period. Based on application, Commercial segment accounted for the largest market share of 51.14% in 2011, with a market value of USD 833.3 million and grew at the highest CAGR of 13.03% during the forecast period.
Intended Audience
• Electronic flight bag manufacturers
• Distributer & Supplier companies
• End Users
• consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
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