Electronic Flight Bag Market –Overview:
The factors which drive the growth of electronic flight bag market are safety and replacement of all paper-based manuals. The Electronic flight bag helps to keep pilots up-to-date on live weather and assist in route management to avoid discretionary fuel burn. It also updates by means of satellite communications to the flight deck make pilots aware of bad weather or turbulence. Replacement of all paper-based manuals by eliminating paper from the flight deck saves weight and makes it more convenient. It also helps to ensure that they are always up to date and reduces delays. For instance, video surveillance display or flight performance calculations based on data provided to the flight crew
The report has been analyzed based on the type, application and region. On the basis of type, Class 2 segment accounts for the largest share in the global electronic flight bag market due to increase in elimination of paper, convenience and light weighted. Class 1 segment is the second largest on the basis of type and is projected to grow at a CAGR of 12.70% during the forecast period. Based on application, Commercial segment accounted for the largest market share of 51.14% in 2011, with a market value of USD 833.3 million and grew at the highest CAGR of 13.03% during the forecast period.
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North America accounted for the largest market share due to growing commercial aircraft and reduction of aircraft maintenance. North-America accounted for market share of 41.95% in 2011, with a market value of USD 683.5 million and grew at the CAGR of 12.38% during the forecast period. Europe was the second-largest market in 2011, valued at USD 551.8 million in 2011; it is projected to grow at a CAGR of 12.44% during the forecast period. Asia- Pacific is projected to be the fastest growing market during the forecast period.
The key players of global electronic flight bag market are UTC Aerospace Systems (U.S.), International Flight Support (Denmark), Astronautics Corporation of America (U.S.), The Boeing Company (U.S.), Esterline CMC Electronics (Canada), NavAero AB (Sweden), Airbus Group SE (France), Rockwell Collins Inc (U.S.), L-3 Communications Holdings, Inc, (U.S.), Teledyne Controls LLC (U.S.), Thales Group (France), DAC International Inc (U.S.), Lufthansa Systems (Germany), Flightman (Ireland).
North America Electronic Flight Bag Market is expected to reach USD 2257.3 million by 2021.
Industry/ Innovation/ Related News:
November 14, 2016 – UTC Aerospace Systems has launched development and production work for Hawaiian Airlines to provide better connectivity to the carrier’s aircraft and airline network. Hawaiian Airlines’ Airbus A330, and Boeing 717 and 767 flight crews will employ state-of-the-art Electronic Flight Bag (EFB) systems that provide enhanced functionality, greater safety and stronger cyber security via a custom-tailored network-security architecture.
August 1, 2016:- Astronautics Corporation of America has been selected to provide an improved and upgraded electronic flight bag (EFB) system on all fielded and future production Boeing 787 Dreamliner airplanes. The new Block Point Five (BP5) EFB will be a form/fit replacement for Astronautics’ current Boeing EFB. The BP5 will give Boeing 787 operators additional functionality and will be compatible for use throughout all phases of airplane operations.
June 19, 2015:- Air France is announcing its intention to work together with Thales on the development of a new Electronic Flight Bag (EFB) application suite, with the aim of eventually equipping its entire fleet. Air France will actively work on the development of this software: several pilots and engineers from the company will put their expertise, recognized worldwide, and their experience in developing mobile applications at the service of Thales for the design of this new EFB solution.
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global electronic flight bag market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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- Electronic flight bag manufacturers
- Distributer & Supplier companies
- End Users
- consultants and Investment bankers
- Government as well as Independent Regulatory Authorities
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