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Electronic Flight Bag Market Report Scope & Overview:

Electronic Flight Bag Market Size was valued at USD 2.67 billion in 2022 and is expected to reach USD 4.42 billion by 2030, and grow at a CAGR of 6.5% over the forecast period 2023-2030.

The electronic flight bag is an electronic gadget used by team members and flight decks to efficiently and successfully handle aeroplanes. Flight logs, flight charts, airport information, weather information, workbooks, flight records, route information, and other pertinent information are all kept in Electronic Airlines (EFB) bags. Pilots can also get real-time data from the Electronic Airlines (EFB) fund. Pilots can minimise the plane's weight by doing so. Increase the aircraft's fuel economy.

Electronic Flight Bag Market Regional Analysis

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Electronic flight bag in planes contain all of the information that a plane requires. The increase in the number of commercial aeroplanes is one of the primary drivers of the electronic flight bag market. The number of passengers, and thus the number of flights, is expanding in tandem with the growing population. To keep the flight under control and everything running properly, an electronic flight bag is required. As a result, consumer demand is increasing. With the increasing expansion of commercial airlines, market revenue will rise in the future years.

Furthermore, when the price of fuel rises, demand for fuel-efficient aircraft rises, prompting airlines to invest in technology that would make their trips more cost-effective. Furthermore, accuracy in aeroplane operations is necessary to reduce all aircraft repair expenses, as well as to improve airline bag market trends. The normal pilot's purse was eventually replaced by an Electronic Flight Bag before it was employed for aeroplane use. The weight difference between ordinary airbags, which weigh 40 pounds, and air force bags, which weigh 5 pounds, is significant. It has the potential to reduce the plane's overall weight and increase its efficiency.

MARKET DYNAMICS

KEY DRIVERS:

  • Increasing number of commercial aircraft.

  • Increasing demand for air travel.

  • Fuel-efficient flights.

RESTRAINTS: 

  • Different regulations, certifications, and requirements.

  • Products licensing.

  • High cost.

OPPORTUNITIES: 

  • Simplifies the documentation and operations.

  • Reduce the weight.

CHALLENGES:route information

  • Increasing cyber-security threats.

IMPACT OF COVID-19: 

COVID-19 has posed numerous obstacles to all sectors around the world. The outbreak has a particularly negative impact on producers. A financial impact is projected for almost 85% of producers. As a result, new aircraft deliveries and production are dropping. The market is being harmed by reduced aircraft manufacturing due to land closures and social isolation. The epidemic has taken a toll on a major airline manufacturer, contributing to the rise of the electronic aircraft bag market. The supply chain was interrupted, and the market demand was turned down. Furthermore, a shortage of access to raw resources has had a significant impact on the business. Furthermore, trade and travel limitations reduced the necessity for air travel, resulting in a decrease in air travel and in revenue.

MARKET ESTIMATION: 

Based on type The market is separated into two types: portable and included. Electronic aeroplanes are projected to be dominated by the portable category.

Based on platform Commercial Aviation, Business & General Aviation and Militarily Aviation, the market is divided. Very high-end electronic aeroplanes account for a significant portion of the commercial industry. The military sector will increase at the fastest rate.

Based on component The market is split into two categories: hardware and software. Part of the software will increase at a faster rate, but the hardware will host the high market share of the electronic Flight bag market.

KEY MARKET SEGMENTATION:

BY TYPE

  • Portable

  • Installed

BY PLATFORM

  • Commercial Aviation

  • Business and General Aviation

  • Military Aviation

BY COMPONENT

  • Hardware

  • Software

BY END USER

  • OEM

  • Aftermarket

Electronic Flight Bag Market Segmentation Analysis

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REGIONAL ANALYSIS:

North America, the Middle East and Africa, Latin America, and Asia-Pacific are the primary markets for electronic aircraft. Because of the increased demand for the next generation of aircraft in the region, North America is likely to dominate the industry. In addition, the market will be dominated by a large number of significant players. Due to an increase in flights to industrialized countries, the Asia-Pacific area is predicted to be the fastest expanding region. Air traffic congestion is increasing in developed countries, and a growing focus on fuel-efficient solutions will help the region's business thrive.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

KEY PLAYERS :

The Key market players in Global Electronic Flight Bag Market are Esterline CMC Electronics, Honeywell, Ramco Systems, UTC Aerospace Systems, Teledyne Controls LLC, DAC International Inc, The Boeing Company, Navarro AB, Lufthansa Systems, International Flight Support, L-3 Communications Holdings Inc, Thales Group, Astronautics Corporation of America, CMC Electronics, Thales, Airbus Group SE, Flightman, Rockwell Collins Inc and Other.

UTC Aerospace Systems-Company Financial Analysis

Company Landscape Analysis

Electronic Flight Bag Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 2.67 Billion
Market Size by 2030 US$ 4.42 Billion
CAGR CAGR of 6.5% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by type (Portable, Installed)
• by Platform (Commercial Aviation, Business and General Aviation, Military Aviation)
• by component (Hardware, Software)
• by End-user (OEM, Aftermarket)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Esterline CMC Electronics, Honeywell, Ramco Systems UTC Aerospace Systems,m Teledyne Controls LLC, DAC International Inc, The Boeing Company, Navarro AB, Lufthansa Systems, International Flight Support
Key Drivers • Increasing number of commercial aircraft.
• Increasing demand for air travel.
RESTRAINTS • Different regulations, certifications, and requirements.
• Products licensing.

Frequently Asked Questions

The Electronic Flight Bag Market size was valued at 2.5 billion in 2021 at a CAGR of 6.5%.

North American region is expected to dominate the Electronic Flight Bag Market.

The Key market players in Global Electronic Flight Bag Market are Esterline CMC Electronics, Honeywell, Ramco Systems UTC Aerospace Systems,m Teledyne Controls LLC, DAC International Inc, The Boeing Company , Navarro AB, Lufthansa Systems , International Flight Support, L-3 Communications Holdings Inc, Thales Group, Astronautics Corporation of America, CMC Electronics, Thales, Airbus Group SE, Flightman, Rockwell Collins Inc and Other.

Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8. Global Electronic Flight Bag Market Segmentation, by type

8.1Introduction

8.2 Portable

8.3 Installed

8.4 Other

9. Global Electronic Flight Bag Market Segmentation, by Platform

9.1 Introduction

9.2 Commercial Aviation

9.3 Business and General Aviation

9.4 Military Aviation

9.5 Other

10. Global Electronic Flight Bag Market Segmentation, By Component

10.1 Introduction

10.2 Hardware

10.3 Software

10.4 Other

11. Global Electronic Flight Bag Market Segmentation, By End-User

11.1 Introduction

11.2 OEM

11.3 Aftermarket

11.4 Other

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2    Canada

12.2.3    Mexico

12.3        Europe

12.3.1    Germany

12.3.2    UK

12.3.3    France

12.3.4    Italy

12.3.5    Spain

12.3.6    The Netherlands

12.3.7    Rest of Europe

12.4        Asia-Pacific

12.4.1    Japan

12.4.2    South Korea

12.4.3    China

12.4.4    India

12.4.5    Australia

12.4.6    Rest of Asia-Pacific

12.5        The Middle East & Africa

12.5.1    Israel

12.5.2    UAE

12.5.3    South Africa

12.5.4    Rest

12.6        Latin America

12.6.1    Brazil

12.6.2    Argentina

12.6.3    Rest of Latin America

13. Company Profiles

13.1 DAC International Inc.

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Esterline CMC Electronics

13.3 Honeywell

13.4 Ramco Systems UTC Aerospace Systems

13.5 Teledyne Controls LLC

13.6 The Boeing Company

13.7 Navarro AB

13.8 Lufthansa Systems

13.9 International Flight Support

13.10 L-3 Communications Holdings Inc

13.11 Thales Group

13.12 Astronautics Corporation of America

13.13 CMC Electronics

13.14 Thales

13.15 Airbus Group SE

13.16 Flightman

13.17 Rockwell Collins Inc

13.18 Other

14. Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

15. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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