DALLAS, April 30, 2015 /PRNewswire/ --
According to a new market research report "Commercial Electronic Flight Bag Market by Type (Portable EFB and Installed EFB), Component (Hardware: Class 1, Class 2, and Class 3, Software: Type A, Type B, and Type C), and by Geography - Forecast 2015 to 2020", published by MarketsandMarkets, the commercial Electronic Flight Bag Market forecasted to reach $4.27 Billion by 2020 with a CAGR of 13.41%.
Browse 73 market data Tables and 60 Figures spread through 200 Pages and in-depth TOC on "Commercial Electronic Flight Bag Market".
Early buyers will receive 10% customization on this report.
Electronic flight bag (EFB) is equipment that provides real-time flight information, which facilitates the cabin crew to perform flight management tasks more efficiently. Pilots need not carry paper-based reference materials comprising navigational charts and operating manual as an EFB would enable them to be carried in an electronic format, which can be updated on a time-to-time basis. EFB can host software applications to automate other functions that were previously conducted by hand.
An EFB typically weighs around 0.5 to 2.2 kg, which is a substantial reduction of weight as compared to the traditional flight bag that weighs around 30 to 40 kg. It enhances safety and reduces pilot workload & cost of operations by performing flight tasks more efficiently. The various applications of EFB aiding the aircraft by providing an array of information include moving maps, airports map, weather information, and performance calculation. The benefits of using an EFB depend on the scale of operation and type of applications used
The Commercial Electronic Flight Bag Market is estimated to be $2.28 Billion in 2015 and is expected to register a CAGR of 13.41%, to reach $4.27 Billion by 2020. The Asia-Pacific region is expected to be the fastest-growing market during the forecast period.
The Commercial Electronic Flight Bag Market is highly competitive, with a significant number of market players. This report studies the growth strategies adopted by these market players. The strategies adopted by players to expand their global presence and increase their market share include partnerships, agreements, collaborations, joint ventures, mergers, acquisitions, and new product launches.
Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=187615160
The key players covered in the report include International Flight Support (IFS), Thales (France), Navtech, Inc. (Canada), Flightman (Ireland), Jeppesen (U.S.), Lufthansa Systems (Germany), Teledyne Controls (U.S.), Ester Line CMC Electronics (U.S.), and Rockwell Collins (U.S.), among others.
Scope of the report
This report analyzes the global electronic flight bag market based on:
- Types of electronic flight bag
- Component of EFB
- Geographic regions
In addition to market sizes and forecasts, this report also provides a detailed analysis of the market and technology trends to gain competitive market intelligence. The impact of drivers and restraints and their impact on this market have been listed to provide an in-depth insight of the market.
Browse Related Reports
Flight Management System Market by Cockpit Architecture (VLA, WB, NB, and RTA), Hardware (FMC, CDU, and VDU), Maintenance (Line-fit and Retrofit) & by Geography (North America, Asia-Pacific, the Middle East, and Europe) - Forecast Analysis to 2014 - 2020
Autopilot System Market by Platform (Airborne, Land-based, Sea, Subsea), by Component (GPS, Gyros, Actuators, Software), by Application (Commercial, Defense, & Homeland Security), by Geography (North America, Europe, Asia-Pacific, the Middle East, Latin America, & Africa), Do It Yourself Autopilot - Forecasts & Analysis (2014-2020)
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Subscribe Reports from Aerospace & Defence @ http://www.marketsandmarkets.com/Subscription.html
Visit MarketsandMarkets Blog @ http://mnmblog.org/market-research/aerospace-defence
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252
Email: [email protected]