Electronic Flight Bag (EFB) Market Is Likely To Rise USD 4.20 billion with Excellent CAGR Of 6.70% by 2029, Market Analysed By Size, Share, Trend, Demands, Challenges and Regional Overview
Global Electronic Flight Bag (EFB) Market, By Platform (Commercial Aviation, Business and General Aviation, Military Aviation), Component (Hardware, Software), Applications (Flight crew operating manuals, Static or Dynamic Electronic Charts, Planning, Zooming, Scrolling), End Use (OEM, Aftermarket) - Industry Trends and Forecast to 2029.Market Definition
An electronic flight bag (EFB) refers to a type of storage and display system that is specifically designed to perform different functions for flight crews replacing traditional paper products in the cockpit. It can deliver basic flight planning calculations along with displays digital documentation such as operations manuals, navigational charts, and aircraft checklists, among others.
ELECTRONIC FLIGHT BAG (EFB) MARKET ANALYSIS AND INSIGHT-
Global Electronic Flight Bag (EFB) Market was valued at USD 2.5 billion in 2021 and is expected to reach USD 4.20 billion by 2029, registering a CAGR of 6.70% during the forecast period of 2022-2029. Software is expected to witness high growth in the component segment of the market due to the rapid development in the software systems.
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KEY PLAYERS ELECTRONIC FLIGHT BAG (EFB) MARKET-
Astronautics Corporation of America (US)
Boeing. (US)
Thales (France)
Honeywell International Inc. (US)
Ramco Systems. (India)
Viasat, Inc. (US)
Teledyne Technologies (US)
SITA (Switzerland)
CMC Electronics (Canada)
DAC International, Inc. (US)
Collins Aerospace (US)
Flightman (Ireland)
Universal Avionics Systems Corporation. (US)
Anuvu (US)
Bytron (UK)
Ultramain Systems, Inc. (US)
IFS (Denmark)
Apprimus Informatik GmbH (Switzerland)
Smart4Aviation Technologies B.V. (Netherlands)
Information Dynamics LLC (US)
Skypaq. (Ireland)
Lufthansa Systems (Germany)
Scandinavian Avionics A/S (Denmark)
AvSoft Australia Pty Ltd. (Australia)
ELECTRONIC FLIGHT BAG (EFB) MARKET SEGMENTATION-
Platform
Commercial Aviation
Business and General Aviation
Military Aviation
Component
Hardware
Software
Applications
Flight Crew Operating Manuals
Static or Dynamic Electronic Charts
Planning
Zooming
Scrolling
End Use
OEM
Aftermarket
ELECTRONIC FLIGHT BAG (EFB) MARKET COUNTRY LEVEL ANALYSIS
The countries covered in the electronic flight bag (EFB) market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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