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Commercial Electronic Flight Bag Market

Commercial Electronic Flight Bag Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Global Commercial Electronic Flight Bag Market: Overview

Successful integration of commercial electronic flight bags for providing situational awareness in fixed winged aircrafts has compelled players and manufacturers in the global commercial electronic flight bag market to actively seek opportunities in rotary winged aircraft and air carriers industry. This trend is anticipated to foster the upward trajectory of the global commercial electronic flight bag market in coming years. On the other hand, security risks associated with extensive usage of inter-connected electronic systems may pose as a major barrier for the expansion of the global commercial electronic flight bag market in coming years.

The research report evaluates the present conditions in global commercial electronic flight bag market. It highlights various key segments in the industry and provides information regarding their individual as well as the combined performance on the demand dynamics in the global commercial electronic flight bag market during the forecast period of 2021 to 2031. The research report presents detailed information regarding the segmental analysis of the global commercial electronic flight bag market. The study highlights major development trends for the global commercial electronic flight bag market during the forecast period of 2021 to 2031. It also provides data regarding the dynamic scenario of the global commercial electronic flight bag market along with various attractive growth opportunities for the industry players in coming years.

Global Commercial Electronic Flight Bag Market: Major Trends and Drivers

Some of the key and leading drivers for the expansion of the global commercial electronic flight bag market include reduction in the weight of the aircraft through incorporation of commercial electronic flight bags, rising usage of commercial electronic flight bags for helicopters as well as eVTOL vehicles, and access to data sharing in real time by using commercial electronic flight bags. Moreover, rising expenditure in defence by various leading global economies such as the United States, China, Japan, and India is also fuelling the demand in global commercial electronic flight bag market in near future.

Global Commercial Electronic Flight Bag Market: Key Players and Manufacturers

Few of the major and incumbent players and manufacturers functioning within the global commercial electronic flight bag market include Honeywell, Ramco Systems, Astronautics Corporation of America, Thales, and Boeing. Players in the global commercial electronic flight bag market are enhancing their product portfolios by integrating new technologies, introducing new products, and incorporating new facilities in their products. For instance, Collins Aerospace, a subsidiary of Raytheon Technologies, launched a new electronic cabin bag solution in June of 2021 that is aimed to intensify the operational efficiency of various inflight services, reduce touch points in cabin, and elavate passenger experience.

Jeppesen, a subsidiary of Boeing introduced tailored charts for avionics in August of 2019. These were introduced at first, alongside Honeywell Primus INAV avionics aimed at Embraer E2 commercial aircrafts. This new tailored and custom navigational system was operated by the regional airline ‘Wideroe of Norway’.

Global Commercial Electronic Flight Bag Market: Regional Assessment

Geographically, region expected to record the highest growth in the global commercial electronic flight bag market over the forecast period is North America. Strong presence of leading and prominent original equipment manufacturers (OEMs) in the United States is one of the major drivers for the development of the global commercial electronic flight bag market in North America region. Furthermore, rising investments in research and development in order to develop new commercial electronic flight bag products that feature enhanced efficiency as well as increased reliability is also garnering increased momentum in global commercial electronic flight bag market in North America. Moreover, growth of military as well as commercial or passenger air fleets, which in turn raises the demand for upgradation or retrofit of commercial electronic flight bags is also expected to aid in the expansion of global commercial electronic flight bag market in North America in near future.

Commercial Electronic Flight Bag Market

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