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Download Free sampleThe global Electronic Flight Bag (EFB) market was valued at 2460.08 Million USD in 2021 and will grow with a CAGR of 16.03% from 2021 to 2027, based on Research newly published report.
The prime objective of Electronic Flight Bag Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Electronic Flight Bag Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
By type includes portable and installed EFB, in which the portable EFB is sub-segmented into class 1 and class 2 EFBs. Out of these segments, the portable class 2 EFB market is projected to grow at the highest CAGR during the forecast period. The portability and capability of portable class 2 EFBs are some of the important reasons driving the portable class 2 EFB market.The major factors for the growth of the EFB market are increase in need for fuel efficient aircraft, reduction of cost and improved operational efficiency, reduction in aircraft maintenance cycle and real-time access to information.
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