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.
A Recent report on global Electronic Flight Bag Market has been recently published by Emergen Research that provides a comprehensive overview of the Electronic Flight Bag Market industry with current and emerging market trends. The report aims at proving precise market information such as market trends, market size, market revenue growth, drivers, restraints, growth opportunities to the viewers, investors. The report also sheds light on top companies in the global Electronic Flight Bag Market along with market segmentations such as product type, application and regional bifurcation.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed 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
Research Report on the Electronic Flight Bag Market Addresses the Following Key Questions:
- Who are the dominant players of the Electronic Flight Bag market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Electronic Flight Bag market?
- What are the key growth drivers and restraining factors of the Electronic Flight Bag market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Electronic Flight Bag market and its key segments?
Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/electronic-flight-bag-market
Emergen Research has segmented the global Electronic Flight Bag market on the basis of type, type of care, and region
Segments Covered in this report are:
-
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
In conclusion, the Electronic Flight Bag Market report is an exhaustive database that will help readers formulate lucrative strategies. The Electronic Flight Bag Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Electronic Flight Bag market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Electronic Flight Bag with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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