Electronic Flight Bag Market Analysis by Major Vendors, Segmentation, Historical Data & Future Trends
The global electronic flight bag market is anticipated to expand at a CAGR of around 13.2% during the forecast period i.e. 2019-2027. The prime aim of the device is to reduce the paper-based reference material which is often found in the pilot’s carry-on flight bag. Increase in air traffic, need for improved efficiency and real-time access to the flight information are the key factors driving the growth of electronics flight bag market. New product innovation has emerged out as the key strategy adopted by the major market players for improving their market share. 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 aircrafts. 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.
Request Free Sample on Electronic Flight Bag Market Report @ https://www.researchnester.com/sample-request-1484
By region, the global electronic flight bag market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa, out of which, North America is expected to dominate the market in future due to the growth in commercial aircraft sales volume and reduction in the costs associated with maintenance of aircraft. Europe stood at 2nd position in electronic flight bag market due to increased spending on advancement of cockpit and need for more accurate in flight operation manuals.
Increased Safety Aspect Associated With EFB
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. Additionally, 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. Electronic flight bag increase effectiveness by providing a paperless cockpit and enhance safety. Moreover, it also helps to ensure that they are always up to date and reduces delays.
However, lack of proper training, high initial cost of electronic flight bag, and risk of electronics failure hinder the market growth.
The report titled “Global Electronic Flight Bag Market: Global Demand Analysis & Opportunity Outlook 2027” delivers the detailed overview of the global electronic flight bag market in terms of market segmentation by product type, application, distribution channel and by region.
Request a sample Report of Electronic Flight Bag Market at: https://www.researchnester.com/sample-request-1484
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model. This report also provides the existing competitive scenario of some of the key players of the global electronic flight bag market which includes company profiling of key companies such as The Boeing Company, UTC Aerospace Systems, International Flight Support, DAC International Inc., NavAero AB, Flightman, Airbus Group SE, Rockwell Collins Inc., L-3 Communications Holdings Inc., Teledyne Controls LLC, and Lufthansa Systems.The outlining enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global electronic flight bag market that is expected to help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Contact for more Info:
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 591
About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electronic Flight Bag Market Analysis by Major Vendors, Segmentation, Historical Data & Future Trends here
News-ID: 1838580 • Views: 101
More Releases from Research Nester Pvt Ltd
Ebola Vaccine Market Report 2020: Rising Impressive Business Opportunities Analy …
Research Nester released a report titled "Ebola Vaccine Market: Global Demand Analysis & Opportunity Outlook 2027" which delivers detailed overview of the global Ebola vaccine market in terms of market segmentation by virus type, by end user and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter's five force model. The Ebola vaccine market is projected
Global Online Education Market Expected to Worth USD 438.71 billion, at a CAGR o …
Research Nester has released a report titled "Online Education Market - Global Demand Analysis & Opportunity Outlook 2027" which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter's five force model. Download Sample of This Strategic Report @ https://www.researchnester.com/sample-request-2350 Technological advancements in the recent times have observed
Plywood Market: Industry Insights By Growth, Astonishing Growth, Rising Demand,I …
The global plywood market is segmented to application type such as furniture, transport, construction, packages and others. Among these segments, construction segment is anticipated to flourish in the upcoming year. Plywood market is booming across the globe on the account of growing housing population. Growing usage and demand for various plywood furniture such as table, chair, sofa and many other essentials among urban people is anticipated to impel the growth of
Virgin Coconut Oil Market: Global Industry Analysis, Technological Innovations, …
The dominant leader of coconut production across the world is Indonesia (around 180 Million tonnes). In 2017, with a production of around 150 million tonnes and 115 million tonnes, Philippines and India has the second and the third largest production of coconuts. During 2016, the organic virgin coconut oil market around the globe was valued at USD 685 Million approximately. The virgin coconut oil market has been segmented into organic virgin coconut
More Releases for Flight
Flight Simulator Market Recent Progression Prophesy 2025
Global Flight Simulator Market: Snapshot The global flight simulator market is predicted to witness a spurt of unparalleled research and development in the field of aerospace technology alongside technological developments. While there could be a few deterrents operational in the market, the adoption of flight simulators could be significantly augmented on the back of the improvement of realistic aircraft system logic finished with electronic centralized aircraft monitor (ECAM) and overhead displays. Products
Aircraft Flight Control System Market
Aircraft Flight Control System Market: Introduction An aircraft flight control system is an ideal example of integration of electromechanical and automation skills. The main purpose of an aircraft flight control system is to assist the pilot to have an exceptional control over the flight, along with precise maneuverability. An aircraft flight control system comprises of sensors, cockpit controls, actuators (mechanical, electrical or hydraulic) and computers. The aircraft flight control system market
Global Electronic Flight Bag Market 2017
The Electronic Flight Bag Market 2017 Research Report investigates a thorough and complete study on Electronic Flight Bag industry volume, market Share, market Trends, Electronic Flight Bag Growth aspects, wide range of applications, Utilization ratio, Supply and demand analysis, manufacturing capacity, Price durinf Forecast period from 2017 to 2022 The research report labeled Global Electronic Flight Bag Market 2017 presents the penetrating study of Electronic Flight Bag market globally, concentrating on
Attractive Family Travel Flight Deals
New York, United States, August 3, 2016: In an age when everything can be done online, from the comfort of your home, searching for cheap family travel offers has become very convenient. There are various travel portals where you can find the kind of deals you are looking for. One such portal is Lookupfare.com. Whether your choice of destination is a domestic or an international one, this travel portal provides
From The Flight Line to Fashion Week
From The Flight Line to Fashion Week Prowess – America’s First All-Veteran Modeling and Talent Agency Washington, DC Casting – April 30th, 9am-12pm There’s a new and unique alternative to hiring our heroes. Prowess stepped away from traditional employment and launched the nation’s first fashionable employment initiative. Founded, operated and owned by veterans, Prowess is making its mark by penetrating an industry typically not pursued as a career change. The military has
HolidayIQ Launches Flight Search Section
HolidayIQ, the country’s leading repository of data and content on vacationing, in association with Wego, a leading international travel search engine, has launched a flight booking section on its website for domestic and international flights. With increasing options for air travel and a plethora of related parameters, booking an air ticket can be an overwhelming experience, especially for the cost conscious leisure traveler. This new addition to the HolidayIQ website