Electronic Flight Bag Market - Trends Forecast Till 2028

Electronic Flight Bag Market by Component (Hardware and Software), End User (OEM, Aftermarket), Application, Platform (Commercial Aviation, Business and General Aviation and Military Aviation) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: August, 2021

Base Year Estimate: 2020

Report ID: D-AD-EFBM-288

Format:  

Number of Pages: 305

Domain: Aerospace & Defense

Electronic Flight Bag Market – Trends Forecast Till 2028

The electronic flight bag (EFB) market is estimated to grow from USD 2.4 billion in 2021 to USD 3.3 billion by 2026, at a CAGR of 6.2% from 2021 to 2026.

Reduction in aircraft weight through EFB incorporation, increase in aircraft deliveries, real-time data sharing through EFBs, and the use of EFBs for helicopters and eVTOL vehicles are some of the factors that have supported long-term expansion for Electronic Flight Bag Market.

Electronic Flight Bag Market

Electronic Flight Bag Market is segmented into platform, component, end-user, application and geography.

Component segment is segmented into hardware and software.

End user segment is segmented into OEM and aftermarket.

Application segment is segmented into airport moving charts, flight performance monitoring, flight planning, weather updated, and e manuals.

Geographically, Electronic Flight Bag Market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Key players in Electronic Flight Bag Market are Honeywell (US), Thales (France), Ramco Systems (India), Boeing (US) and Astronautics Corp. of America (US)

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Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conference like Jefferies conference)—to identify and collect information useful for this study of the Electronic Flight Bag market. The purpose of secondary research was to identify and collection of extensive, technical, market-oriented, and commercial study the global Electronic Flight Bag market. Through secondary the market is classified and segmented as per of industry trend, development, regional market. Product and technology development.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects.

Primary Respondent breakdown is given below:

Electronic Flight Bag Market Primary Respondents

 

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validating the total revenue of the Electronic Flight Bag market. This approach has also been used to derive the market for segmentation and sub-segmentation.

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data we contact primary respondent in order to gain 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Electronic Flight Bag market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 2.4 billion

Growth Rate

CAGR of 6.2% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

platform, component, end-user, application and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Honeywell (US), Thales (France), Ramco Systems (India), Boeing (US) and Astronautics Corp. of America (US)

Available Customization

In addition to the market data for Electronic Flight Bag Market, Delvens. offers client-centric report and customized according to the company’s specific demand and requirement.

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