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Electronic Flight Bag Market Report 2023-2032 : Market Size, Growth Drivers And Key Trends | The Boeing Company, Thales Group, CMC Electronics Inc.
Electronic Flight Bag Market Report 2023-2032
The Business Research Company's Electronic Flight Bag Global Market Report 2023 identifies The rising demand for air travel as the major driver for the Electronic Flight Bag market's growth in the forecast period. Increase in air travel is due to a growing global economy and the availability of low-cost airlines. The electronic flight bag (EFB) refers to the system that enables electronic documents to be transferred and managed in flight.
The global electronic flight bag market size is expected to grow from $3.03 billion in 2022 to $3.34 billion in 2023 at a compound annual growth rate (CAGR) of 10.45%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global electronic flight bag market size is expected to reach $5.13 billion in 2027 at a CAGR of 11.31%.
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Major competitors in the Electronic Flight Bag market are The Boeing Company, Thales Group, CMC Electronics Inc., Lufthansa Systems, Astronautics Corporation of America
A key trend in the Electronic Flight Bag market includes Product innovations. Major companies operating in the market are introducing innovative products to sustain their position in the electronic flight bag market.
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The Electronic Flight Bag market is segmented -
• By Type: Portable, Installed
• By Component: Hardware, Software
• By Platform: Commercial, Military
• By Applications: Flight Crew Operating Manuals, Static Or Dynamic Electronic Charts, Planning, Zooming, Scrolling
• By End Use: OEM, Aftermarket
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Electronic Flight Bag market.
The Business Research Company's "Global Electronic Flight Bag Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Electronic Flight Bag Market Include:
1. Executive Summary
2. Electronic Flight Bag Market Characteristics
3. Electronic Flight Bag Market Trends And Strategies
4. Electronic Flight Bag Market - Macro Economic Scenario
5. Electronic Flight Bag Market Size And Growth
……
26. Africa Electronic Flight Bag Market
27. Electronic Flight Bag Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electronic Flight Bag Market
29. Electronic Flight Bag Market Future Outlook and Potential Analysis
30. Appendix
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