Global Electronic Flight Bag (EFB) Market – Industry Trends and Forecast to 2029

Global Electronic Flight Bag (EFB) Market, By Platform (Commercial Aviation, Business and General Aviation, Military Aviation), Component (Hardware, Software), Applications (Flight crew operating manuals, Static or Dynamic Electronic Charts, Planning, Zooming, Scrolling), End Use (OEM, Aftermarket) – Industry Trends and Forecast to 2029

Market Analysis and Size

Electronic flight bags (EFBs) have gained immense popularity especially after the emergence of tablet computing devices, including iPads in order to keep up with the rapid technological changing. Advanced EFBs are known to perform complex flight-planning tasks, display position of an aircraft on navigational charts and forecast real-time weather. The technology saves airlines costs by declining fuel and maintenance costs.

Global Electronic Flight Bag (EFB) Market was valued at USD 2.5 billion in 2021 and is expected to reach USD 4.20 billion by 2029, registering a CAGR of 6.70% during the forecast period of 2022-2029. Software is expected to witness high growth in the component segment of the market due to the rapid development in the software systems. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

An electronic flight bag (EFB) refers to a type of storage and display system that is specifically designed to perform different functions for flight crews replacing traditional paper products in the cockpit. It can deliver basic flight planning calculations along with displays digital documentation such as operations manuals, navigational charts, and aircraft checklists, among others.

Report Scope and Market Segmentation

Automotive Driver State Monitoring Systems Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Inclination towards Electronic Flight Bag (EFB) Market

The rise in inclination towards electronic flight bag over conventional pilot’s flight bag to operate the aircraft among pilots acts as one of the major factor driving the growth of electronic flight bag (EFB) market. The typical flight bag weighs approximately 40 pounds, while EFB weighs around 5 pounds. The less weight of EFB improves operational efficiency and reduce fuel consumption.

• Increase in Commercial Aircrafts

The surge in the number of commercial aircraft deliveries accelerate the market growth. The electronic flight bag offers real-time access data for the pilots, increase the fuel efficiency of the aircraft and reduce the weight of the aircraft.

• Increase in Air Passenger Traffic

The rise in the number of passengers traveling by air encouraging airlines to expand their fleet further influence the market. The increase in air travel is accelerating the growth of commercial aircraft, which in turn has escalated the demand for electronic flight bags.

Additionally, expansion of the aerospace sector, surge in investments and increased disposable income positively affect the electronic flight bag (EFB) market.

Opportunities

Furthermore, EFBs for helicopters and eVTOL vehicles, and rise in demand for next-generation aircraft extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, increase in focus on the enhanced flight crew operational efficiency will further escalate the growth of electronic flight bag (EFB) market.

Restraints/Challenges faced by the Automotive Driver State Monitoring Systems Market

On the other hand, high cost associated with the initial set-up and high training, and lack of unified global regulatory frameworks are expected to obstruct market growth. Also, cyber security threats as a result of interconnected systems and risk of failure due to software bugs and updates are projected to challenge the electronic flight bag (EFB) market in the forecast period of 2022-2029.

This electronic flight bag (EFB) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the electronic flight bag (EFB) market contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.

COVID-19 had a Major Impact on Automotive Driver State Monitoring Systems Market

COVID-19 had a negative impact on the global electronic flight bag (EFB) market due to the commute restrictions. The market faced various challenges, such as regulatory and policy changes, working capital management, supply chain execution and dependency on labor. However, organizations prepared strategic cost-saving plans to manage the impact of the pandemic. The demand for aircraft real-time access data has increased to manage and cater to the increase in commercial aircrafts in the post pandemic scenario.

Recent Developments

• In June’2021, Collins Aerospace decided to use their new Electronic Cabin Bag (eCB) solution to enhance passenger experience, reduce cabin touchpoints and increase the operating efficiency of inflight services.
• In February’2021, NAVBLUE signed an agreement with a flag carrier in South Korea to optimize its cockpits operations with the use of electronic flight bag solution flysmart+ on IOS device. The agreement aims to enhance Korean aircraft to operate efficiently.

Global Automotive Driver State Monitoring Systems Market Scope

The electronic flight bag (EFB) market is segmented on the basis of platform, component, applications and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Platform

• Commercial Aviation
• Business and General Aviation
• Military Aviation

Component

• Hardware
• Software

Applications

• Flight Crew Operating Manuals
• Static or Dynamic Electronic Charts
• Planning
• Zooming
• Scrolling

End Use

• OEM
• Aftermarket

Automotive Driver State Monitoring Systems Market Regional Analysis/Insights

The electronic flight bag (EFB) market is analyzed and market size insights and trends are provided by country, platform, component, applications and end use as referenced above.

The countries covered in the electronic flight bag (EFB) market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America dominates the electronic flight bag (EFB) market because of the increase in demand for the next-generation aircraft and presence of major key players distraction within the region.

Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 due to the surge in aircraft deliveries in developed countries, high focus on fuel-efficient solutions and growing air traffic in the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Automotive Driver State Monitoring Systems Market Share Analysis

The electronic flight bag (EFB) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to electronic flight bag (EFB) market.

Some of the major players operating in the electronic flight bag (EFB) market are

• Astronautics Corporation of America (US)
• Boeing. (US)
• Thales (France)
• Honeywell International Inc. (US)
• Ramco Systems. (India)
• Viasat, Inc. (US)
• Teledyne Technologies (US)
• SITA (Switzerland)
• CMC Electronics (Canada)
• DAC International, Inc. (US)
• Collins Aerospace (US)
• Flightman (Ireland)
• Universal Avionics Systems Corporation. (US)
• Anuvu (US)
• Bytron (UK)
• Ultramain Systems, Inc. (US)
• IFS (Denmark)
• Apprimus Informatik GmbH (Switzerland)
• Smart4Aviation Technologies B.V. (Netherlands)
• Information Dynamics LLC (US)
• Skypaq. (Ireland)
• Lufthansa Systems (Germany)
• Scandinavian Avionics A/S (Denmark)
• AvSoft Australia Pty Ltd. (Australia)