Electronic Flight Bag Market Ex-factory Price, Development Strategy, Key Vendors, Forecast by 2030

The Global Electronic Flight Bag Market research study published by Emergen Research is an extensive collection of insightful information about the Electronic Flight Bag industry. The report covers the Electronic Flight Bag Market segmentation along with a detailed outline of the Electronic Flight Bag market size with regards to volume and valuation. The report provides comprehensive coverage of the Electronic Flight Bag market scenario for the current period and forecast timeline of 2020-2027. The Electronic Flight Bag market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

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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The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Electronic Flight Bag market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Electronic Flight Bag market landscape.

The increased use of Electronic Flight Bag by municipalities and enterprises is responsible for the market's expansion. The Electronic Flight Bag market is anticipated to grow at a faster rate during the forecast period than traditional treatment procedures like thermal oxidation and chemical oxidation due to the reduced operational and capital costs of Electronic Flight Bag. The demand for Electronic Flight Bag is rising as more people are embracing biological treatment methods like aerobic activated sludge. The use of Electronic Flight Bag solutions is projected to increase in the near future due to rising restrictions on the discharge of treated effluents into freshwater bodies.

The Electronic Flight Bag research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans.

The key companies studied 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

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On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.

• 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

The report addresses the following key points:

• The report estimates the expected market size from 2020-2027
• The report provides a forecast of market drivers, restraints, and future opportunities for the Electronic Flight Bag market
• The report further analyses the changing market dynamics
• Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
• Extensive competitive landscape mapping with profiles of the key competitors
• In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
• Revenue forecast, country scope, application insights, and product insights

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