Electronic Flight Bag: Introduction
- An electronic flight bag (EFB) is a kind of storage and display system designed for flight crews to perform different functions that can replace traditional paper products in the cockpit
- An EFB is able to handle basic flight planning calculations and displays digital documentation such as navigational charts, operations manuals, aircraft checklists, etc.
- Advanced electronic flight bags are integrated with aircraft systems, such as the FMS, and they are fully certified as a part of the aircraft avionics system
- Advanced EFBs can display position of an aircraft on navigational charts, perform many complex flight-planning tasks, and forecast real-time weather
- An electronic flight bag can e-enable the whole air transport system, right from managing the flight deck to the cabin, maintenance, and the airport
- It saves total airlines costs by reducing fuel and maintenance costs by performing accurate calculations
Rise in Demand for Electronic Flight Bag Globally
- Electronic flight bags (EFBs) have been gaining popularity after the arrival of tablet computing devices, such as iPads, to keep up with this rapidly changing technology
- They are widely used in the airline industry for flight deck use, as they include the necessary hardware and software to support their required function
- EFBs can provide aviation data and accurately perform calculations such as performance, weight & balance, fuel calculations, etc.
- They are also needed for commercial airlines and used as a level 1 certified system, which can be helpful for military applications. These systems are linked to military aircraft missions such as those for tankers, cargo haulers, search and rescue and maritime aircraft.
North America to Lead Global Electronic Flight Bag Market
- North America is expected to lead the global electronic flight bag market due to increased demand for next-generation aircraft in the region during the forecast period
- The presence of major market players such as The Boeing Company, Collins aerospace, etc., in North America is further propelling the global electronic flight bag market
- The market in Asia Pacific is expected to expand at a rapid pace, due to improving economy and rising air passenger traffic in the region, which ultimately increases aircraft procurement by airlines
- Furthermore, China, India, and Japan have increased focus on high fuel-efficiency systems by decreasing the overall weight of the electronic system, owing to increased aircraft delivery; which further boosts the electronic flight bag market in the region
- The electronic flight bag market in Europe is estimated to expand at a significant pace due to rising investment for aircraft advancements and an increased demand for highly accurate in-flight operation manuals
Key Players of Global Electronic Flight Bag Market
- ROCKWELL COLLINS
- International Flight Support (IFS)
- Airbus SE
- Lufthansa Systems
- The Boeing Company
- Astronautics Corporation of America
Global Electronic Flight Bag Market: Research Scope
Global Electronic Flight Bag Market, by Type
- Portable Electronic Flight Bag
- Installed Electronic Flight Bag
Global Electronic Flight Bag Market, by Application
- Commercial
- Military
- Personal
- Air Transport
- Others
Global Electronic Flight Bag Market, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- ASEAN
- Rest of Asia Pacific
- South America
- Brazil
- Mexico
- Rest of South America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
