Dublin, Aug. 10, 2023 (GLOBE NEWSWIRE) -- The "Electronic Flight Bag (EFB): Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Electronic Flight Bag (EFB) Market to Reach $4.1 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Electronic Flight Bag (EFB) estimated at US$2.8 Billion in the year 2022, is projected to reach a revised size of US$4.1 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030.
Portable, one of the segments analyzed in the report, is projected to record 5.5% CAGR and reach US$2.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Installed segment is readjusted to a revised 3.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $830 Million, While China is Forecast to Grow at 4.4% CAGR
The Electronic Flight Bag (EFB) market in the U.S. is estimated at US$830 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$704.3 Million by the year 2030 trailing a CAGR of 4.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.
Select Competitors
- Airbus Group SE
- Astronautics Corporation of America
- Dac International, Inc.
- Esterline Technologies Corporation
- Flightman Ltd.
- Jeppesen Sanderson, Inc.
- L-3 Communications Holdings, Inc.
- Lufthansa Systems GmbH & Co. KG
- NAVTech Inc.
- Rockwell Collins, Inc.
- Teledyne Controls LLC.
- UTC Aerospace Systems
What's New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Report Overview
The report provides a comprehensive analysis of the global winding wire market, focusing on different geographic regions including USA, Canada, Japan, China, Europe, Asia-Pacific, and Rest of World.
The report covers recent past, current, and future projections for annual sales in US$ million and the compound annual growth rate (CAGR) for the years 2022 through 2030. It discusses the market segmentation based on type (Aluminum Magnet Wire, Copper Magnet Wire), shape (Rectangle, Round, Square), application (Home Appliance, Motor, Transformer), and end-use industries (Electrical & Electronics, Industrial, Infrastructure, Transportation).
The report also highlights the cumulative impact of significant factors such as COVID-19, the Russia-Ukraine conflict, and high inflation on the global winding wire market.
Additionally, the report provides insights into market dynamics, drivers, restraints, opportunities, and challenges. Key players and market trends are also analyzed, along with a comprehensive evaluation of vendors using the FPNV Positioning Matrix and Market Share Analysis.
For more information about this report visit https://www.researchandmarkets.com/r/173gy9
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