Electronic Flight Bag Market Overview, Top Manufacturers, Industry Growth Analysis and Forecast to 2022
Market Research Future Published a Cooked Research Report (CRR) on Global Electronic Flight Bag Market. Electronic Flight Bag Market is expected to grow over the CAGR of around 12.70% During the Period 2016 to 2022
An electronic flight bag (EFB) is an electronic information management device that helps flight crews perform flight management tasks more easily and efficiently. An EFB electronically stores and retrieves documents required for flight operations such as operating manuals, aeronautical charts, airport information, route information and weather. The major drivers for the growth of electronic flight bag market are safety and replacement of all paper-based manuals. The electronic flight bag is used for safety of pilots by providing up-to-date weather and assist by providing the route so as to avoid discretionary fuel burn.
North America is leading the market for electronic flight bag market during the forecast period due to growing commercial aircraft and reduction in the maintenance of aircraft. Europe is the second largest region for this market valued at USD 551.8 million in 2011 and is projected to grow at a CAGR of 12.44%. Asia-Pacific is the fastest growing market during the forecast period.
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The Key players in Global Electronic Flight Bag Market are UTC Aerospace Systems (U.S.), International Flight Support (Denmark), Astronautics Corporation of America (U.S.), The Boeing Company (U.S.), Esterline CMC Electronics (Canada), NavAero AB (Sweden), Airbus Group SE (France), Rockwell Collins Inc (U.S.), L-3 Communications Holdings, Inc, (U.S.), Teledyne Controls LLC (U.S.), Thales Group (France), DAC International Inc (U.S.), Lufthansa Systems (Germany), Flightman (Ireland).
Access the market data and market information presented through more than 25 market data tables and 25 figures spread over 83 numbers of pages of the project report “Electronic Flight Bag Market Research – Forecast to 2022”
Market Research Analysis
The market is highly based on application. Commercial segment is expected to dominate the market during the forecast period because it speeds up and simplify pilot access to information with the Electronic Flight Bag solution. It is expected to grow at the highest CAGR of 13.03% during the forecast period
The major drivers that led to the growth of this market are safety of pilot and replacement of all paper-based manuals.
There are various restraints that hinder the growth of electronic flight bag market is cyber security issue.
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Scope of the Report
This study provides an overview of the global electronic flight bag market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global electronic flight bag market by its type, by cooling solution type, by application and by region.
- Class 1
- Class 2
- Class 3
- Air Transport
- North America
List of Figures
FIGURE 1 Research Type
FIGURE 2 Global Electronic Flight Bag Market: By Type (%)
FIGURE 3 Global Electronic Flight Bag Market: By Application (%)
FIGURE 4 Global Electronic Flight Bag Market: By Region
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