Commercial Electronic Flight Bag Market Top Leading Players with Strategies and Forecast 2027

The global commercial electronic flight bag market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factors attributed to the market growth include rise in aircraft deliveries, decline in the aircraft weight through electronic flight bag (EFB) incorporation, real-time data sharing through EFBs, and the use of EFBs for helicopters and electric vertical take-off and landing (eVTOL) vehicles. A conventional paper flight bag generally weighs up to 18 kgs or more, which can be not only tricky for pilots, however, also adds extra weight to the aircraft. An EFB typically weighs only 0.5 to 2.2 kg, which nullifies the need for carrying bulky, physical flight bags. Such a considerable reduction in weight in any form results the aircraft in being more fuel-efficient. Since the global aviation industry is on its plunge to set targets to improve the average annual fuel efficiency rate of 1.5%, the necessity for more fuel-efficient aircraft serves as a driver for the growth of the global commercial EFB market.

To Request a Sample of our Report on Commercial Electronic Flight Bag Market:  https://www.omrglobal.com/request-sample/commercial-electronic-flight-bag-market

Further, the demand for domestic air travel has been increasing over the years in countries such as the US, Australia, UK, and India. With the growth in air travel, the demand for narrow-body aircraft is expected to grow across the globe. The A320 neo, Bombardier C-series, next-generation B737, and Embraer aircraft are some of the aircraft considered under the narrow-body aircraft segment. Airbus slowed down production in early 2020; however, in January 2021, it announced plans to ramp up production of single aisle planes in response to the demand for these aircraft. Although declined production and delivery by major aircraft manufacturers such as Airbus SAS and The Boeing Company until April 2020 has largely impacted the overall growth rate of the market. 

Market Coverage

    • The market number available for – 2020-2027

    • Base year- 2020

    • Forecast period- 2021-2027

    • Segment Covered- 

·                  By Type

·                  By Platform

•             Regions covered-

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

    • Competitive Landscape: Rockwell Collins Inc., The Boeing Co., and Thales Group, among others. 

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A full Report of Commercial Electronic Flight Bag Market is Available @  https://www.omrglobal.com/industry-reports/commercial-electronic-flight-bag-market

Global Commercial Electronic Flight Bag Market Report by Segment

By Type

    • Installed Electronic Flight Bag

    •  Portable Electronic Flight Bag

By Platform

    • Military

    • Commercial

Global Commercial Electronic Flight Bag Market Report by Region

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

·        Latin America 

·        Middle East & Africa

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

 

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