Electronic Flight Bag Industry Outlook 2025-2029: Market Set to Cross $6.33 Billion Milestone

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How Large Will the Electronic Flight Bag Market Size By 2025?
The size of the electronic flight bag market has seen a substantial expansion over the past few years. It's projected to increase from $3.64 billion in 2024 to $4.03 billion in 2025, with a compound annual growth rate (CAGR) of 10.6%. The increase during the historical period is due to factors like fuel efficiency, cost reduction, environmental considerations, safety and situational awareness, operational efficiency, as well as industry endorsement and agreement.

How Big Is the Electronic Flight Bag Market Size Expected to Grow by 2029?
The market size of the electronic flight bag is predicted to experience swift expansion in the years to come, estimated to reach a whopping $6.33 billion in 2029 with a CAGR of 12.0%. The projected growth in this period owes to factors like its integration with futuristic aircraft, move towards paperless cockpits, focus on safety protocols, cost management, and rising air traffic. The forecast period will also witness significant trends such as evolution of mobile devices, data analysis and connectivity, incorporation of state-of-the-art features, measures for cybersecurity, and cloud-based solutions.

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Which Key Market Drivers Powering Electronic Flight Bag Market Expansion and Growth?
The growth of the electronic flight bag market is anticipated to be accelerated by the increasing demand for air travel. This surge in air travel stems from a thriving global economy and the prevalence of budget airlines. An electronic flight bag (EFB) is a system that allows for the digital transfer and management of documents during flight. For example, the International Air Transport Association (IATA), a Canadian group that advocates for airline safety, security, and efficiency standards, reported in March 2023 that total air traffic, as represented in revenue passenger kilometers, increased by 67.0% in January 2023 when compared to the same timeframe in 2022. Worldwide, international air traffic reached 84.2% of January 2019's levels and then rose to 104.0% in January 2023, with all markets experiencing significant growth. As such, the escalating demand for air travel is fueling the advancement of the electronic flight bag market.

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Which Fast-Growing Trends Are Poised to Disrupt the Electronic Flight Bag Market?
Leading enterprises in the electronic flight bag market are adopting strategic partnerships as a method to introduce more contemporary digital solutions. Strategic partnerships involve businesses exploiting each other's strengths and resources for shared advantages and accomplishments. For instance, in July 2024, the full-service airline based in Saudi Arabia, Riyadh Air, formed a partnership with the US-based aircraft industry company, Boeing. As part of their collaboration, Riyadh Air plans to use Boeing's superior digital strategies to increase aircraft upkeep and flight operations. Boeing's Airplane Health Management (AHM) system, and the newly introduced AHM 2.0, will offer real-time maintenance alerts coupled with predictive analytics to lessen downtime, with enhanced prognostics and analytics competencies. Toolbox Tasks and Toolbox Library will simplify the orchestration of aircraft maintenance documents, leading to more effective repairs. The airliner will further employ Boeing's FliteDeck Pro as a part of its Electronic Flight Bag (EFB) solution, which will give pilots live navigation and operational data. Moreover, the Electronic Flight Folder (EFF) equipped with Aviator and FliteBrief solutions will better flight planning and briefing to boost operational efficiency.

What Are the Emerging Segments in the Electronic Flight Bag Market?
The electronic flight bag market covered in this report is segmented -

1) By Component: Hardware, Software
2) By Type: Portable, Installed
3) By Platform: Commercial, Military
4) By Applications: Flight Crew Operating Manuals, Static Or Dynamic Electronic Charts, Planning, Zooming, Scrolling
5) By End Use: OEM, After market

Subsegments:
1) By Hardware: Portable EFBs, Installed EFBs, Accessories
2) By Software: Flight Planning Software, Navigation And Charting Software, Operational Performance Software, Maintenance Tracking Software

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Who Are the Global Leaders in the Electronic Flight Bag Market?
Major companies operating in the electronic flight bag market include Airbus SAS, Astronautics Corporation of America, Avilution LLC, Avionics Innovations Inc., AvioVision, Bluebox Aviation Systems Ltd., Boeing Digital Solutions Inc., CMC Electronics Inc., DAC International Inc., Shanghai Deer Jet Aviation Co.Ltd., Flightman, Flygprestanda AB, GE Aviation, Honeywell International Inc., International Flight Support, L3Harris Technologies Inc., Lufthansa Systems GmbH & Co. KG., Navarro AB, Raytheon Technologies Corporation, Teledyne Technologies Inc., Thales Group, Universal Avionics Systems Corporation, Apprimus Informatik GmbH, Anuvu Operations LLC, Collins Aerospace, Scandinavian Avionics A/S

Which are the Top Profitable Regional Markets for the Electronic Flight Bag Industry?
North America was the largest region in the electronic flight bag market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electronic flight bag market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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