Electric flight bag market to reach USD 6.3 billion by 2025.


Posted December 1, 2018 by snehaaark

Global Electric flight bag market valued at approximately USD 2.84 billion in 2017 is anticipated to grow with a healthy growth rate of more than 14.4% over the forecast period 2018-2025.

 
The Electronic flight bag market is developing and expanding at a significant pace. The Electronic flight bag is an Electronic information management device which helps the flight crews perform the flight management tasks efficiently & easily. An Electronic flight bag stores & retrieves documents needed for flight operations which includes operating manuals, airport information, aeronautical charts, route information & weather. One of the key factor that drives the growth of the Electronic flight bag market is safety due to providing the pilots up-to date on live weather & assist in route management to avoid discretionary fuel burn. 

The Real time Electronic flight bag updates through the means of satellite communications to the flight deck that makes pilot aware of turbulence & bad weather. The other factor which is responsible for the growth of Electronic flight bag market is replacement of all paper based manual & eliminating paper form the flight deck benefits in saving weight & makes it more convenient in nature. In the present scenario, there are many operational advantages & efficiencies related to utility of portable electronic devices which includes commercially available portable computers that paves way for performing a variety of functions traditionally done using paper references in the cockpit operations. 

An Electronic flight bag has its utility in the aviation sector mainly for flightdeck, cabin use and cockpit. The electronic flight devices has the ability to display a variety of perform characteristics or avitation data which includes performance data & fuel calculations. Moreover, some of the electronic flight bags carryout out many challenging functions as compared to paper based products which were traditionally used. The Electronic flight bag systems can perform tasks such as interactive checklists, navigation displays, data link services and interactive chart viewers. The electronic flight bags systems are also being developed to support the operations during the all phases of flight which includes ground operations conducted at the airports.

The Key Players of Electronic flight bag market :
• Airbus Group SE
• Rockwell Collins
• Teledyne Controls
• Verizon Communications Inc
• UTC Aerospace Systems
• Visteon Corporation
• Astronautics Corporation of America
• Esterline Technologies Corporation
• Lufthansa Systems
• DAC International Inc

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

Major Regions of Electronic flight bag market :
North America
Europe
Asia Pacific
Latin America
Rest of the World

Target Audience of the Global Electric flight bag Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors 

Category: Technology Market
Aarkstore Enterprise
+91 9987295242 | [email protected] | aarkstore.com 
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Tags aarkstore market research , electric flight bag market reports , market research reports , technology market research reports
Last Updated December 1, 2018