In 2020, the global electronic flight bag (EFB) market was valued at USD 2.02 billion. However, due to the unprecedented impact of the COVID-19 pandemic, the demand for electronic flight bags experienced a significant decline worldwide. Our analysis indicates that the market saw a substantial decrease of 54.6% in 2020 compared to the average year-on-year growth between 2017 and 2019.

Informational Source:

https://www.fortunebusinessinsights.com/electronic-flight-bag-market-103689

An electronic flight bag is a digital device that stores and retrieves important documents used in flight operations, such as aeronautical charts, operating manuals, weather information, and more. It provides real-time data to pilots, aiding in aircraft operation and reducing weight, thus improving fuel efficiency. The market for electronic flight bags is being driven by factors such as the increase in commercial aircraft deliveries and growing concerns for safety. There is also a focus on enhancing operational efficiency, which creates further opportunities for market growth.

The expanding global economy and the growing middle-class population have contributed to the rise in air passenger traffic. This, in turn, has led to the expansion of airline fleets as carriers strive to meet the demand for air travel. As a result, there is an increased need for flight bags in the aviation industry. Additionally, the demand for next-generation aircraft is expected to drive the growth of the EFB market. The Asia-Pacific region, particularly emerging economies, is experiencing a rise in aircraft deliveries, which is anticipated to further fuel the market's growth.

Key Companies Covered in Electronic Flight Bag Market are:

• Airbus SAS (the Netherlands)
• The Boeing Company (The U.S.)
• Collins Aerospace (The U.S.)
• L3Harris Technologies Inc. (The U.S.)
• Thales Group (France)
• CMC Electronics Inc. (Canada)
• Jeppesen (The U.S.)
• Astronautics Corporation of America (The U.S.)
• Lufthansa Systems (Germany)
• DAC International, Inc. (The U.S.)
• Teledyne Controls (The U.S.)

Gone are the days of pilots lugging around hefty flight bags overflowing with paper charts, manuals, and checklists. The modern cockpit embraces a digital revolution with the Electronic Flight Bag (EFB), a transformative technology that streamlines operations, enhances safety, and optimizes flight efficiency. This in-depth exploration delves into the world of EFBs, unveiling their functionalities, regulatory considerations, and the future landscape of this vital aviation tool.