Electronic Flight Bag Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	200 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185589

Best Price Guarantee
Price	from $4,850
Length	200 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185589

Electronic Flight Bag Market

Growth Factors of Electronic Flight Bag Market

The electronic flight bag market size was valued at USD 3.6 million in 2023, and the market is now projected to grow from USD 4.02 million in 2024 to USD 7.6 billion by 2032, exhibiting a CAGR of 8.3% during the forecast period of 2024-2032.

COVID-19 affected the electronic flight bag (EFB) market by increasing the market growth due to the use of new technologies and remote approach during the pandemic. Due to the COVID- 19 restrictions, there was a shift of focus towards EFBs as a means of reducing paper works, simplification of cockpit procedures, and overall improvement of efficiency. Changes in platform technology made it possible to avoid transmission of the virus, and also allowed for remote assessment and updates. Thus, the EFB market developed new demand and stimulated innovations that influenced the changes in the management of cockpit and safety procedures in the aviation field.

The emerging trend in the market as from the current year is the incorporation of Artificial intelligence (AI) and machine learning (ML) in many fields. AI and ML are now being utilised in helping the company make better business decisions, to automate some operations and even in the delivery of services to customers. There are potential uses across multiple industries including healthcare, finance, and retail to name a few of the more popular areas, from predictive analysis to advanced robotics. AI technologies are also driving the advancement of data solutions improvement as it provides organizations with more profound understanding and increases the efficiency of the processes.

Key factors that influence the market are technology, the rising customers’ demand for new products, and growing competition. Technological advances especially in areas like AI and the Internet of things have really drove the market and how new products or services could be delivered. The demands of consumers for personalized and efficient products and services exert pressures for organizations to improve on their products on a consistent basis. Also, the high level of competition and increased customer demand pressures organizations into adopting modern technology and enhancing productivity to meet the customers’ demands. These factors summarized below mean that the market is constantly shifting an evolving with high growth rates. The above-mentioned factors are driving the electronic flight bag market growth.

Comprehensive Analysis Electronic Flight Bag Market

The electronic flight bag (EFB) market is divided by type, component, and aircraft, which are discussed in the following sections. Depending on the specifics used to classify EFBs there are portable category, Class 1, Class 2 and installed category. A portable EFB is personal and applied to handheld devices; Class 1 and Class 2 EFBs define different degrees of integration – Class 1 is close to a tablet and Class 2 is more elaborate. Standalone EFBs are connected to an aircraft’s avionics systems while retrofit EFBs are incorporated into the airplanes systems. Subsystems are divided into hardware which include Class 1, Class 2 and Class 3 hardware and software implying the hierarchy of operation and operational integration. Platforms are again divided into commercial and military because requirements and uses EFBs differ in commercial and military industries of avatar.

North America is by far the highest revenue generating region in the electronic flight bag (EFB) market share at the moment. The region reigns thanks to developed aviation complex, high rates of technologies usage, and exponential investments in radical solutions. It is complemented by the presence of key aerospace manufacturers and a developed system of regulation of the market. Furthermore, rising need for better cockpit organization and safety measures across commercial and military aviation segments strengthens North America’s leading position in the international EFB market.

Key players in this sector include Airbus SAS (Netherlands), The Boeing Company (U.S.), Collins Aerospace (U.S.), L3Harris Technologies Inc. (U.S.), Thales Group (France), CMC Electronics Inc. (Canada), Jeppesen (U.S.)

2023 saw a new development in the electronic flight bag (EFB) in the way of predictive analytical capabilities powered by AI offered by Collins Aerospace. This new feature which is incorporated into their class 2 EFB systems is a machine learning algorithm that analyses a lot of flight data in real-time. The elements of the intelligent system help pilots to have alerts on maintenance, identify efficient routes for the flight and have better and more accurate weather prognosis which will increase operational efficiency and safety. This innovation brings a new revolution in the cockpit concept; it will be more proactive and provide more data to the aviation personnel.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 8.3% over 2024 to 2032

Unit Value (USD Million)

Segmentation By Type

- Portable

Class 1
Class 2

- Installed

By Component

- Hardware

Class 1
Class 2
Class 3

- Software

By Platform

- Commercial

- Military

By Geography

- North America (By Type, Component, Platform, and Country)

The U.S. (By Platform)
Canada (By Platform)

- Europe (By Type, Component, Platform, and Country)

The U.K. (By Platform)
Germany (By Platform)
France (By Platform)
Italy (By Platform)
Russia (By Platform)
Rest of Europe (By Platform)

- Asia-Pacific (By Type, Component, Platform, and Country)

Japan (By Platform)
China (By Platform)
India (By Platform)
Australia (By Platform)
South Korea (By Platform)
Rest of Asia-Pacific (By Platform)

- The Middle East & Africa (By Type, Component, Platform, and Country)

The UAE (By Platform)
Saudi Arabia (By Platform)
Israel (By Platform)
Rest of the Middle East & Africa (By Platform)

- Latin America (By Type, Component, Platform, and Country)

Brazil (By Platform)
Rest of Latin America (By Platform)

Please Note:

1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Industry Developments – Key Contracts & Agreements, Mergers, Acquisitions and Partnerships; 4.2. Latest technological Advancements; 4.3. Porters Five Forces Analysis; 4.4. Supply Chain Analysis; 4.5. Quantitative Insights-Impact of COVID-19 Pandemic on Global Electronic Flight Bag Market
5. Global Electronic Flight Bag Market Analysis, Insights and Forecast, 2019-2032: 5.1. Segment Definitions; 5.2. Market Analysis, Insights and Forecast – By Type; 5.2.1. Portable; 5.2.1.1. Class 1; 5.2.1.2. Class 2; 5.2.2. Installed; 5.3. Market Analysis, Insights and Forecast – By Component; 5.3.1. Hardware; 5.3.1.1. Class 1; 5.3.1.2. Class 2; 5.3.1.3. Class 3; 5.3.2. Software; 5.4. Market Analysis, Insights and Forecast – By Platform; 5.4.1. Commercial; 5.4.2. Military; 5.5. Market Analysis, Insights and Forecast – By Region; 5.5.1. North America; 5.5.2. Europe; 5.5.3. Asia-Pacific; 5.5.4. The Middle East & Africa; 5.5.5. Latin America
6. North America Electronic Flight Bag Market Analysis, Insights and Forecast, 2019-2032: 6.1. Market Analysis, Insights and Forecast – By Type; 6.1.1. Portable; 6.1.1.1. Class 1; 6.1.1.2. Class 2; 6.1.2. Installed; 6.2. Market Analysis, Insights and Forecast – By Component; 6.2.1. Hardware; 6.2.1.1. Class 1; 6.2.1.2. Class 2; 6.2.1.3. Class 3; 6.2.2. Software; 6.3. Market Analysis, Insights and Forecast – By Platform; 6.3.1. Commercial; 6.3.2. Military; 6.4. Market Analysis – By Country; 6.4.1. The U.S.; 6.4.1.1. By Platform; 6.4.2. Canada; 6.4.2.1. By Platform
7. Europe Electronic Flight Bag Market Analysis, Insights and Forecast, 2019-2032: 7.1. Market Analysis, Insights and Forecast – By Type; 7.1.1. Portable; 7.1.1.1. Class 1; 7.1.1.2. Class 2; 7.1.2. Installed; 7.2. Market Analysis, Insights and Forecast – By Component; 7.2.1. Hardware; 7.2.1.1. Class 1; 7.2.1.2. Class 2; 7.2.1.3. Class 3; 7.2.2. Software; 7.3. Market Analysis, Insights and Forecast – By Platform; 7.3.1. Commercial; 7.3.2. Military; 7.4. Market Analysis – By Country; 7.4.1. The U.K.; 7.4.1.1. By Platform; 7.4.2. Germany; 7.4.2.1. By Platform; 7.4.3. France; 7.4.3.1. By Platform; 7.4.4. Italy; 7.4.4.1. By Platform; 7.4.5. Russia; 7.4.5.1. By Platform; 7.4.6. Rest of Europe; 7.4.6.1. By Platform
8. Asia pacific Electronic Flight Bag Market Analysis, Insights and Forecast, 2019-2032: 8.1. Market Analysis, Insights and Forecast – By Type; 8.1.1. Portable; 8.1.1.1. Class 1; 8.1.1.2. Class 2; 8.1.2. Installed; 8.2. Market Analysis, Insights and Forecast – By Component; 8.2.1. Hardware; 8.2.1.1. Class 1; 8.2.1.2. Class 2; 8.2.1.3. Class 3; 8.2.2. Software; 8.3. Market Analysis, Insights and Forecast – By Platform; 8.3.1. Commercial; 8.3.2. Military; 8.4. Market Analysis – By Country; 8.4.1. China; 8.4.1.1. By Platform; 8.4.2. India; 8.4.2.1. By Platform; 8.4.3. Japan; 8.4.3.1. By Platform; 8.4.4. Australia; 8.4.4.1. By Platform; 8.4.5. South Korea; 8.4.5.1. By Platform; 8.4.6. Rest of Asia Pacific; 8.4.6.1. By Platform
9. The Middle East & Africa Electronic Flight Bag Market Analysis, Insights and Forecast, 2019-2032: 9.1. Market Analysis, Insights and Forecast – By Type; 9.1.1. Portable; 9.1.1.1. Class 1; 9.1.1.2. Class 2; 9.1.2. Installed; 9.2. Market Analysis, Insights and Forecast – By Component; 9.2.1. Hardware; 9.2.1.1. Class 1; 9.2.1.2. Class 2; 9.2.1.3. Class 3; 9.2.2. Software; 9.3. Market Analysis, Insights and Forecast – By Platform; 9.3.1. Commercial; 9.3.2. Military; 9.4. Market Analysis – By Region; 9.4.1. The UAE; 9.4.1.1. By Platform; 9.4.2. Saudi Arabia; 9.4.2.1. By Platform; 9.4.3. Israel; 9.4.3.1. By Platform; 9.4.4. Rest of the Middle East & Africa; 9.4.4.1. By Platform
10. Latin America Electronic Flight Bag Market Analysis, Insights and Forecast, 2019-2032: 10.1. Market Analysis, Insights and Forecast – By Type; 10.1.1. Portable; 10.1.1.1. Class 1; 10.1.1.2. Class 2; 10.1.2. Installed; 10.2. Market Analysis, Insights and Forecast – By Component; 10.2.1. Hardware; 10.2.1.1. Class 1; 10.2.1.2. Class 2; 10.2.1.3. Class 3; 10.2.2. Software; 10.3. Market Analysis, Insights and Forecast – By Platform; 10.3.1. Commercial; 10.3.2. Military; 10.4. Market Analysis – By Region; 10.4.1. Brazil; 10.4.1.1. By Platform; 10.4.2. Rest of Latin America; 10.4.2.1. By Platform
11. Competitive Analysis: 11.1. Comparative Analysis – Major Players; 11.2. Company Profiles; 11.2.1. Airbus SAS (the Netherlands); 11.2.1.1. Overview; 11.2.1.2. Products & services; 11.2.1.3. SWOT Analysis; 11.2.1.4. Recent Developments; 11.2.1.5. Strategies; 11.2.1.6. Financials (Based on Availability); 11.2.2. The Boeing Company (The U.S.); 11.2.2.1. Overview; 11.2.2.2. Products & services; 11.2.2.3. SWOT Analysis; 11.2.2.4. Recent Developments; 11.2.2.5. Strategies; 11.2.2.6. Financials (Based on Availability); 11.2.3. Collins Aerospace (The U.S.); 11.2.3.1. Overview; 11.2.3.2. Products & services; 11.2.3.3. SWOT Analysis; 11.2.3.4. Recent Developments; 11.2.3.5. Strategies; 11.2.3.6. Financials (Based on Availability); 11.2.4. L3Harris Technologies Inc. (The U.S.); 11.2.4.1. Overview; 11.2.4.2. Products & services; 11.2.4.3. SWOT Analysis; 11.2.4.4. Recent Developments; 11.2.4.5. Strategies; 11.2.4.6. Financials (Based on Availability); 11.2.5. Thales Group (France); 11.2.5.1. Overview; 11.2.5.2. Products & services; 11.2.5.3. SWOT Analysis; 11.2.5.4. Recent Developments; 11.2.5.5. Strategies; 11.2.5.6. Financials (Based on Availability); 11.2.6. CMC Electronics Inc. (Canada); 11.2.6.1. Overview; 11.2.6.2. Products & services; 11.2.6.3. SWOT Analysis; 11.2.6.4. Recent Developments; 11.2.6.5. Strategies; 11.2.6.6. Financials (Based on Availability); 11.2.7. Jeppesen (The U.S.); 11.2.7.1. Overview; 11.2.7.2. Products & services; 11.2.7.3. SWOT Analysis; 11.2.7.4. Recent Developments; 11.2.7.5. Strategies; 11.2.7.6. Financials (Based on Availability); 11.2.8. Astronautics Corporation of America (The U.S.); 11.2.8.1. Overview; 11.2.8.2. Products & services; 11.2.8.3. SWOT Analysis; 11.2.8.4. Recent Developments; 11.2.8.5. Strategies; 11.2.8.6. Financials (Based on Availability); 11.2.9. Lufthansa Systems (Germany); 11.2.9.1. Overview; 11.2.9.2. Products & services; 11.2.9.3. SWOT Analysis; 11.2.9.4. Recent Developments; 11.2.9.5. Strategies; 11.2.9.6. Financials (Based on Availability); 11.2.10. DAC International, Inc. (The U.S.); 11.2.10.1. Overview; 11.2.10.2. Products & services; 11.2.10.3. SWOT Analysis; 11.2.10.4. Recent Developments; 11.2.10.5. Strategies; 11.2.10.6. Financials (Based on Availability); 11.2.11. Teledyne Controls (The U.S.); 11.2.11.1. Overview; 11.2.11.2. Products & services; 11.2.11.3. SWOT Analysis; 11.2.11.4. Recent Developments; 11.2.11.5. Strategies; 11.2.11.6. Financials (Based on Availability); 11.2.12. Esterline Technologies Corporation (The U.S.); 11.2.12.1. Overview; 11.2.12.2. Products & services; 11.2.12.3. SWOT Analysis; 11.2.12.4. Recent Developments; 11.2.12.5. Strategies; 11.2.12.6. Financials (Based on Availability)