According to a new market research report published by Global Insight Services” Electronic Flight Bag Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
An electronic flight bag (EFB) is an electronic information management device that aids flight crews in performing flight management tasks. Traditionally, paper charts and manuals were used by pilots to help them navigate and manage their flights. However, paper can be cumbersome and difficult to keep track of, especially in the fast-paced environment of aviation. An EFB stores all of the same information that would traditionally be kept on paper, but in a digital format that can be easily accessed and updated.
Key Players
The global flight bag filtration market includes players such as Lufthansa Systems, CMC Electronics, Thales Group, China Aviation Navigation Data, Astronautics, Deer Jet, Flightman, International Flight Support, L-3 Communications Holdings, Teledyne Controls, and others
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Key Trends
There are several key trends in Electronic Flight Bag (EFB) technology.
One is the trend towards more portable and lighter EFBs. This is driven by the need for pilots to be able to easily carry their EFBs with them, and by advances in technology that have made it possible to create smaller and lighter EFBs.
Another key trend is the trend towards more powerful and capable EFBs. This is driven by the need for pilots to have access to more and better information while in flight, and by advances in technology that have made it possible to create more powerful and capable EFBs.
Key Drivers
The key drivers of the EFB market are the benefits it provides to pilots and airlines.
The EFB reduces pilot workload and increases situational awareness, which can lead to safer and more efficient flights. It also saves airlines money by reducing the need for paper charts and manuals.
The EFB market is expected to grow in the coming years as more airlines adopt the technology and pilots become more familiar with its capabilities.
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Market Segments
The electronic flight bag market is segmented by platform, component, end-use, and region. By platform, the market is divided into commercial aviation, business and general aviation, and military aviation. Based on component, it is bifurcated into hardware, and software. On the basis of end-use, the market is classified into OEM, and aftermarket. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
Reasons to buy Electronic Flight Bag Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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