Global Electronic Flight Bag Market Segments 2024, Forecast To 2033
5 Mar, 2024
The electronic flight bag market has witnessed rapid growth, expanding from $3.34 billion in 2023 to $3.71 billion in 2024 at a CAGR of 10.9%. This growth is driven by factors like fuel efficiency, environmental considerations, safety enhancements, and industry acceptance. Looking ahead to 2028, the market is anticipated to reach $5.76 billion, growing at an 11.6% CAGR. The forecasted growth is attributed to integration with next-gen aircraft, transition to paperless cockpits, and increased air traffic, alongside trends such as mobile device evolution and cybersecurity measures.
Global Electronic Flight Bag Market Key Driver
The electronic flight bag market will grow with the increasing demand for air travel. Total air traffic reported a 67.0% increase in January 2023, driving the electronic flight bag market.
Get A Free Sample Of The Global Electronic Flight Bag Market ReportGlobal Electronic Flight Bag Market Segments
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, Aftermarket
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the electronic flight bag market in 2023. 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
Major Electronic Flight Bag Industry Players
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.; Esterline Technologies Corporation; Flightman; Flygprestanda AB; GE Aviation; Honeywell International Inc.; International Flight Support; L3Harris Technologies Inc.; Lufthansa Systems GmbH & Co. KG.; Navarro AB; Raytheon Technologies Corporation; Rockwell Collins Inc.; Teledyne Technologies Inc.; The Boeing Company; Thales Group; Universal Avionics Systems Corporation; AirFusion Inc.; Apprimus Informatik GmbH; Anuvu Operations LLC; Collins Aerospace; Scandinavian Avionics A/S
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AIOps Electronic Flight Bag Market Overview
An Electronic Flight Bag (EFB) is an electronic device designed to manage information and enhance the efficiency of flight management tasks performed by the flight crew. An Electronic Flight Bag (EFB) is a digital device that electronically stores and retrieves documents necessary for flight operations, including operating manuals, aeronautical charts, airport information, route information, weather information, flight logs, and other pertinent data.
Electronic Flight Bag Global Market Report 2023 provides data on the global electronic flight bag market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The electronic flight bag market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.