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Electronic Flight Bag Market 2018 Analysis, Scope, Stake, Progress, Trends by The Boeing Company, Rockwell Collins, L-3 Communications Holdings, Teledyne Controls, DAC International

10-08-2018 08:12 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Electronic Flight Bag Market 2018 Analysis, Scope, Stake,

Market Research Future Published a Cooked Research “Global Electronic Flight Bag Market Research Report - Forecast to 2023” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.

The leading market players in the global Electronic Flight Bag market primarily include 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).

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Industry/ Innovation/ Related News:

January, 2018 – UTC Aerospace Systems signed a contract with aerospace software provider PACE to make fuel efficiency application pacelab flight profile optimizer, which helps airlines to achieve significant fuel savings.
January, 2018 – Avion Express signed an agreement with IFS – International Flight Support to support its system with paperless solutions.
April, 2015 – Rockwell Collins signed a contract with Airbus to provide the Electronic Flight Bag (EFB) interface and communication unit for the airbus A320 and A330 aircraft families.

Market Scenario:

An electronic flight bag (EFB) is an electronic information management device, that improves the performance of flight crew in flight management tasks, by increasing their efficiency in carrying out these tasks. An EFB electronically stores and retrieves documents needed for flight operations such as operating manuals, aeronautical charts, airport information, route information, weather information, the flight log and other information which is required. The electronic flight bag is used for safety purposes by pilots, and it also provides latest operational data which improves fuel efficiency. The rise in popularity of fuel-efficient aircrafts, and factors such as reduction in aircraft maintenance cycle, decreasing the pilot’s workload, and real-time access to information, are expected to drive the market during the forecast period. However, there are some shortcomings in operating performance of the electronic flight bag market, for example the costs involved with the implementation of EFBs is very high. Additionally, the cost of maintaining and updating the EFB software also increases the financial burden of airlines.

The documents that can be synchronized to an EFB for a particular flight are flight log, METAR and TAF narrow route briefing, NOTAM narrow route briefing, winds aloft, icing, significant weather, surface weather, flight plan and vertical icing chart. For instance, Rockwell Collins signed an agreement with Airbus to provide the electronic flight bag interface and communication unit for the airbus A320 and A330 aircraft families. The EFB is to connect with onboard and external networks, such as maintenance systems, the aircraft’s avionics and airline operating centers.

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The major factor responsible for the growth of electronic flight bag market is the safety aspect associated with its use, as it helps the pilots stay up-to-date with live weather information, and also assists in route management to avoid discretionary fuel burn. Also, EFBs can replace all paper-based manuals, which is another factor contributing to this market’s growth. Eliminating paper from the flight deck reduces the aircraft weight, and is also more convenient for the crew.

The electronic flight bag market is segmented based on by type, component, platform, and regions. On the basis of type, portable EFBs are most widely used and have the largest market share, as they can be used in all phases of flight. The portable EFB is considered as a Commercial-Off-The-Shelf (COTS) laptop that specifies the preferred communication system for each EFB application. For instance, an airplane information management system update is required to allow access to the existing cabin terminal port, communication addressing and reporting system, and communications management unit’s cabin terminal port. On the basis of platform, commercial application is estimated to grow at the highest CAGR 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

For More Information, Browse Press Release for Report "Electronic Flight Bag Market" @ https://www.marketresearchfuture.com/press-release/electronic-flight-bag-market

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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