Electronic Flight Bag Market is Estimated at $2.28 Billion in 2015

Date: 2015-08-31

“The electronic flight bag market is estimated at $2.28 billion in 2015 and is expected to register a CAGR of 13.41% to reach $4.27 billion by 2020.

The report provides a market analysis of the EFB market over the next five years. It contains the analysis of drivers, challenges, restraints, and burning issues that impact the industry. It also discusses the industrial value chain, Porter’s five force model, and technology trends that currently prevail in the EFB market.

It tracks, analyzes, and lays out the market share of the EFB types in each region and provides the market size as well. It also analyzes the market share of hardware and software components.

Of the regions considered for this market, North America contributes the largest share of the total market. The use of EFB has significantly reduced the use of paper in cockpits. With the use of EFB, the flight data can be conveniently stored in mobile or installed computers. The leading players in the EFB market include International Flight Support (IFS), Thales (France), Navtech, Inc. (Canada), Flightman (Ireland), Jeppesen (U.S.), Lufthansa Systems (Germany), Teledyne Controls (U.S.), and Esterline CMC Electronics (U.S.), among others. 

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