Home > Semiconductors & Electronics > Electronics > Electronic Flight Bag (EFB) Market

Electronic Flight Bag (EFB) Market Share

Report ID: GMI10717
Published Date: Aug 2024
Report Format: PDF

Download Free Sample

Electronic Flight Bag Market Share

Boeing & Honeywell International Inc. hold a significant share in the electronic flight bag (EFB) market. Boeing holds a significant share in the Electronic Flight Bag (EFB) market due to its comprehensive and integrated approach to aviation solutions. As one of the largest aerospace companies in the world, Boeing leverages its extensive experience in aircraft manufacturing and aviation technology to offer advanced EFB systems. Boeing's EFB solutions are designed to seamlessly integrate with their aircraft, providing pilots with real-time data, navigational information, and performance metrics. Their commitment to innovation and continuous improvement ensures that their EFB systems remain at the cutting edge, enhancing flight safety and operational efficiency. Additionally, Boeing's global reach and robust customer support network make their EFB solutions a preferred choice for many airlines and aviation operators.

Honeywell International Inc. is a key player in the EFB market due to its expertise in aerospace technology and its broad portfolio of avionics products. Honeywell's EFB solutions are known for their reliability, user-friendly interfaces, and advanced features that support pilots in making informed decisions during flights. The company invests heavily in research and development to incorporate the latest technological advancements into their EFB systems, such as connectivity solutions, real-time weather updates, and comprehensive flight planning tools. Honeywell's strong reputation for quality and innovation, along with its extensive service and support infrastructure, enables it to maintain a significant share in the EFB market. Their ability to customize solutions to meet the specific needs of different airlines and operators further solidifies their market position.

Electronic Flight Bag Market Companies

Major players operating in the EFB industry are:

Boeing
Honeywell International Inc.
Collins Aerospace
Thales Group
Astronautics Corporation of America
Lufthansa Systems
Teledyne Technologies

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Electronic flight bag industry size was worth USD 2.9 billion in 2023 and will expand at 7% CAGR between 2024 and 2032, owing to increasing demand for operational efficiency and fuel savings in the aviation industry.

The commercial aviation segment will achieve 6% CAGR through 2032, propelled by the sector's high volume of flights and stringent regulatory requirements for operational efficiency and safety.

North America electronic flight bag industry held 35% share in 2023 due to the advanced aviation infrastructure and significant investments in technology upgrades.

Prominent players including Boeing, Honeywell International Inc., Collins Aerospace, Thales Group, Astronautics Corporation of America, Lufthansa Systems, and Teledyne Technologies, are operating in the electronic flight bag (EFB) industry.