Commercial Electronic Flight Bag Market By Type (Installed EFB and Portable EFB) and Platform (Military and Commercial) - Global Industry Analysis And Forecast To 2025
The electronic flight bag (EFB) is the electronic data management gadget that helps the flight teams perform the management related to flight tasks all the more effectively and proficiently with less utilization of paper. It is generally useful in processing platform expected to decrease, or supplant, the reference material based on paper regularly found in the pilot's portable flight pack, including the operating manual of the aircraft, flight-group working manual, and navigational outlines (counting moving guide for air and ground tasks). Likewise, the EFB can have direction assembled programming applications to mechanize different functions ordinarily led by hand, for example, execution take-off estimations. Therefore, the Commercial Electronic Flight Bag Market is anticipated to expand and has tremendous scope during the forecast period. The global Commercial Electronic Flight Bag Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Drivers & Restrains
The driving factors of the market are; rising demand for more fuel efficient airplanes, reduction in the cost & improvement in the efficiency of operation, reduction in the cycle of maintenance of the airplanes, the data availability in real time, faster advancement in the software’s related to EPBs which is making the developers to include more operation in the software related to cookout, etc. The factors affecting the growth of the market are; more initial cost involved in the development of these software’s and more risk related to failure of electronic systems.
The North American region is leading the global Commercial Electronic Flight Bag Market owing to factor like; increasing utilization of these systems in the cock pits instead of paper, more technical development in this region, increasing commercial fleet of airlines, etc.
Commercial Electronic Flight Bag Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
International Flight Support
The Boeing Company
Rockwell Collins Inc.
Teledyne Controls LLC
DAC International Inc.
L-3 Communications Holdings Inc.
Airbus Group SE
Esterline CMC Electronics
Astronautics Corporation of America
UTC Aerospace Systems
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?