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The Electronic Flight Bag Market Size was valued at USD 2.78 billion in 2023 and is expected to reach USD 4.73 billion by 2032, and grow at a CAGR of 6.1% over the forecast period 2024-2032.
The electronic flight bag is an electronic gadget used by team members and flight decks to efficiently and successfully handle aeroplanes. Flight logs, flight charts, airport information, weather information, workbooks, flight records, route information, and other pertinent information are all kept in Electronic Airlines (EFB) bags. Pilots can also get real-time data from the Electronic Airlines (EFB) fund. Pilots can minimise the plane's weight by doing so. Increase the aircraft's fuel economy.
Electronic flight bag in planes contain all of the information that a plane requires. The increase in the number of commercial aeroplanes is one of the primary drivers of the electronic flight bag market. The number of passengers, and thus the number of flights, is expanding in tandem with the growing population. To keep the flight under control and everything running properly, an electronic flight bag is required. As a result, consumer demand is increasing. With the increasing expansion of commercial airlines, market revenue will rise in the future years.
Furthermore, when the price of fuel rises, demand for fuel-efficient aircraft rises, prompting airlines to invest in technology that would make their trips more cost-effective. Furthermore, accuracy in aeroplane operations is necessary to reduce all aircraft repair expenses, as well as to improve airline bag market trends. The normal pilot's purse was eventually replaced by an Electronic Flight Bag before it was employed for aeroplane use. The weight difference between ordinary airbags, which weigh 40 pounds, and air force bags, which weigh 5 pounds, is significant. It has the potential to reduce the plane's overall weight and increase its efficiency.
| Report Attributes | Details |
|---|---|
| Key Segments | • by type (Portable, Installed) • by Platform (Commercial Aviation, Business and General Aviation, Military Aviation) • by component (Hardware, Software) • by End-user (OEM, Aftermarket) |
| Regional Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Esterline CMC Electronics, Honeywell, Ramco Systems UTC Aerospace Systems,m Teledyne Controls LLC, DAC International Inc, The Boeing Company, Navarro AB, Lufthansa Systems, International Flight Support |
KEY DRIVERS:
Increasing number of commercial aircraft.
Increasing demand for air travel.
Fuel-efficient flights.
RESTRAINTS:
Different regulations, certifications, and requirements.
Products licensing.
High cost.
OPPORTUNITIES:
Simplifies the documentation and operations.
Reduce the weight.
CHALLENGES:route information
Increasing cyber-security threats.
COVID-19 has posed numerous obstacles to all sectors around the world. The outbreak has a particularly negative impact on producers. A financial impact is projected for almost 85% of producers. As a result, new aircraft deliveries and production are dropping. The market is being harmed by reduced aircraft manufacturing due to land closures and social isolation. The epidemic has taken a toll on a major airline manufacturer, contributing to the rise of the electronic aircraft bag market. The supply chain was interrupted, and the market demand was turned down. Furthermore, a shortage of access to raw resources has had a significant impact on the business. Furthermore, trade and travel limitations reduced the necessity for air travel, resulting in a decrease in air travel and in revenue.
Based on type The market is separated into two types: portable and included. Electronic aeroplanes are projected to be dominated by the portable category.
Based on platform Commercial Aviation, Business & General Aviation and Militarily Aviation, the market is divided. Very high-end electronic aeroplanes account for a significant portion of the commercial industry. The military sector will increase at the fastest rate.
Based on component The market is split into two categories: hardware and software. Part of the software will increase at a faster rate, but the hardware will host the high market share of the electronic Flight bag market.
North America, the Middle East and Africa, Latin America, and Asia-Pacific are the primary markets for electronic aircraft. Because of the increased demand for the next generation of aircraft in the region, North America is likely to dominate the industry. In addition, the market will be dominated by a large number of significant players. Due to an increase in flights to industrialized countries, the Asia-Pacific area is predicted to be the fastest expanding region. Air traffic congestion is increasing in developed countries, and a growing focus on fuel-efficient solutions will help the region's business thrive.
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KEY PLAYERS :
The Key market players in Global Electronic Flight Bag Market are Esterline CMC Electronics, Honeywell, Ramco Systems, UTC Aerospace Systems, Teledyne Controls LLC, DAC International Inc, The Boeing Company, Navarro AB, Lufthansa Systems, International Flight Support, L-3 Communications Holdings Inc, Thales Group, Astronautics Corporation of America, CMC Electronics, Thales, Airbus Group SE, Flightman, Rockwell Collins Inc and Other.
| Report Attributes | Details |
| Market Size in 2023 | USD 2.78 Billion |
| Market Size by 2032 | USD 4.73 Billion |
| CAGR | CAGR of 6.1% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Drivers | • Increasing number of commercial aircraft. • Increasing demand for air travel. |
| Restraints | • Different regulations, certifications, and requirements. • Products licensing. |
The Electronic Flight Bag Market size was valued at 2.78 billion in 2023 at a CAGR of 6.1%.
North American region is expected to dominate the Electronic Flight Bag Market.
The Key market players in Global Electronic Flight Bag Market are Esterline CMC Electronics, Honeywell, Ramco Systems UTC Aerospace Systems,m Teledyne Controls LLC, DAC International Inc, The Boeing Company , Navarro AB, Lufthansa Systems , International Flight Support, L-3 Communications Holdings Inc, Thales Group, Astronautics Corporation of America, CMC Electronics, Thales, Airbus Group SE, Flightman, Rockwell Collins Inc and Other.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Electronic Flight Bag Market Segmentation, by Type
8.1Introduction
8.2 Portable
8.3 Installed
8.4 Other
9. Global Electronic Flight Bag Market Segmentation, by Platform
9.1 Introduction
9.2 Commercial Aviation
9.3 Business and General Aviation
9.4 Military Aviation
9.5 Other
10. Global Electronic Flight Bag Market Segmentation, By Component
10.1 Introduction
10.2 Hardware
10.3 Software
10.4 Other
11. Global Electronic Flight Bag Market Segmentation, By End-User
11.1 Introduction
11.2 OEM
11.3 Aftermarket
11.4 Other
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 DAC International Inc.
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Esterline CMC Electronics
13.3 Honeywell
13.4 Ramco Systems UTC Aerospace Systems
13.5 Teledyne Controls LLC
13.6 The Boeing Company
13.7 Navarro AB
13.8 Lufthansa Systems
13.9 International Flight Support
13.10 L-3 Communications Holdings Inc
13.11 Thales Group
13.12 Astronautics Corporation of America
13.13 CMC Electronics
13.14 Thales
13.15 Airbus Group SE
13.16 Flightman
13.17 Rockwell Collins Inc
13.18 Other
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
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BY TYPE
Portable
Installed
BY PLATFORM
Commercial Aviation
Business and General Aviation
Military Aviation
BY COMPONENT
Hardware
Software
BY END USER
OEM
Aftermarket
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Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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