The latest market intelligence report offers valuable insights into the prevailing growth opportunities for the global Electronic Flight Bag market and its intensely competitive scenario. The insightful data and information in the report have been gathered from a wide range of primary and secondary sources. This market report on Electronic Flight Bag provides detailed information about the latest developments, trade regulations, import-export analyses, production analysis, and value chain optimization. It also analyses the impact of localized market players.
The global Electronic Flight Bag (EFB) market size was USD 5.75 Billion in 2021 and is expected to register a rapid revenue CAGR of 8.3% during the forecast period, according to the latest analysis by Emergen Research. Increasing safety concerns and real-time access of information is a key factor driving market revenue growth. EFB is an electronic device built for crew members and flight decks to perform their flight management work more efficiently and effectively. Rising demand for innovative electronic flight bag solutions improves airline efficiency by reducing ground operation expenses and expediting pilot workflows. For instance, Jeppesen created a set of EFB solutions that enable most important tools and data exchange over aircraft connectivity, lowering expenses of flight plan generation, dissemination, and storage by fully digitizing flight briefing process. In a similar vein, Thales Group created and developed Thales Pad, a flight plan hardware component coupled with Aviobook software package. An Aircraft Interface Device (AID), an electronic flight plan system with performance, dependability, portability, and affordability, provides a seamless connection between this package and avionics suite.
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Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Electronic Flight Bag market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
The leading market contenders listed in the report are:
Thales Group, Teledyne Controls, Collins Aerospace, The Boeing Company, Jeppesen, Lufthansa Systems, Airbus SAS, DAC International, Esterline Technologies Corporation, and CMC Electronics Inc
The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Segmentations of the Electronic Flight Bag Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2020 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Electronic Flight Bag market on the basis of product, application, and region:
Segments Covered in this report are:
Component Outlook (Revenue, USD Billion; 2019–2030)
- Hardware
- Software
Platform Outlook (Revenue, USD Billion; 2019–2030)
- Commercial
- Military
Type Outlook (Revenue, USD Billion; 2019–2030)
- Portable
- Installed
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Regional Segmentation;
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Points of the Geographical Analysis:
- Data and information related to the consumption rate in each region
- Estimated increase in the consumption rate
- Proposed growth of the market share of each region
- Geographical contribution to market revenue
- Expected growth rate of the regional markets
Key point summary of the report:
- The report offers a comprehensive overview of the Electronic Flight Bag market size, share, and growth rate in the forecast duration.
- It provides details about current scenario, historical data, giving an accurate Electronic Flight Bag market forecast for the coming years.
- The study categorizes the Electronic Flight Bag market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
- It also offers regional analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Table of Contents
- Executive Summary
- Research Methodology
- Market Overview
- Regional Landscape
- Global Market Analysis and Forecast by Types
- Global Market Analysis and Forecast by Applications
- Global Market Analysis and Forecast by Regions
- North America Market Analysis and Forecast
- Europe Market Analysis and Forecast
- Asia Pacific Market Analysis and Forecast
- Latin America Market Analysis and Forecast
- Middle East Africa Market Analysis and Forecast
- Competitive Landscape
In conclusion, the Electronic Flight Bag Market report is an exhaustive database that will help readers formulate lucrative strategies. The Electronic Flight Bag Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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