Global Electronic Flight Bag (EFB) Market to Reach US$4.5 Billion by 2030
The global market for Electronic Flight Bag (EFB) estimated at US$3.4 Billion in the year 2024, is expected to reach US$4.5 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2024-2030. Portable EFB, one of the segments analyzed in the report, is expected to record a 5.5% CAGR and reach US$3.2 Billion by the end of the analysis period. Growth in the Installed EFB segment is estimated at 3.5% CAGR over the analysis period.
The U.S. Market is Estimated at US$934.7 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$934.7 Million in the year 2024. 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 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.9% and 3.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
Global Electronic Flight Bag (EFB) Market - Key Trends and Drivers Summarized
How Is the Electronic Flight Bag (EFB) Transforming Aviation?
The Electronic Flight Bag (EFB) is revolutionizing aviation by replacing traditional pilot briefcases full of paper charts, manuals, and documents with digital solutions. EFBs, typically composed of software and hardware, enhance flight management by providing pilots with easier access to navigation charts, airport diagrams, operating manuals, and real-time weather reports. This shift not only reduces the weight of physical documents that aircraft must carry—thereby saving fuel—but also increases the efficiency and safety of flight operations. EFBs streamline the updating process for navigational data and ensure that pilots always have the most current information at their fingertips. They support better decision-making in the cockpit with tools for performance calculations and critical flight information, essential in today’s complex and dynamic aviation environment.
What Innovations Are Enhancing the Functionality of Electronic Flight Bags?
Innovations in EFB technology are continually enhancing their functionality, making them more integrated and user-friendly. Modern EFBs leverage cloud computing to ensure that all flight documentation and data are up-to-date and synchronized across devices. The integration of real-time data analytics has also become a standard feature, providing pilots with live weather updates, potential turbulence reports, and optimal flight paths. Additionally, touchscreen interfaces and customizable applications enhance user interaction, allowing pilots to access information more quickly and intuitively. There is also a significant push towards incorporating artificial intelligence to automate routine tasks and predict maintenance needs, further enhancing operational efficiency. With these advancements, EFBs are becoming an indispensable tool in the cockpit, ensuring that flight operations are as smooth and safe as possible.
How Do Electronic Flight Bags Impact Environmental Sustainability?
Electronic Flight Bags contribute significantly to environmental sustainability in aviation by reducing the need for paper, thus decreasing waste and the environmental impact associated with paper production, printing, and disposal. By digitizing flight materials, EFBs also lower the weight carried by aircraft, leading to lower fuel consumption and reduced greenhouse gas emissions. This reduction is critical in an industry under increasing pressure to meet global environmental targets and reduce its carbon footprint. Furthermore, EFBs can optimize flight paths and improve flight efficiency, which not only saves time but further reduces fuel usage and emissions. As airlines strive to become more sustainable, the adoption of EFBs plays a crucial role in their environmental strategies.
What Trends Are Driving Growth in the Electronic Flight Bag Market?
The growth of the electronic flight bag market is driven by several trends, including the ongoing digital transformation in aviation, regulatory support for paperless operations, and increasing emphasis on flight safety and efficiency. As airlines continue to seek cost-effective solutions to enhance operational efficiency, EFBs are being recognized as a vital technology in reducing operational costs and improving compliance with aviation standards. Regulatory bodies worldwide are encouraging the adoption of EFBs by streamlining approval processes and setting guidelines that support their use. Additionally, as global air traffic continues to grow, the need for improved navigational accuracy and efficiency becomes even more critical, further bolstering the demand for advanced EFB solutions. These trends, combined with the aviation industry`s push towards greater sustainability and safety, ensure a robust and expanding market for electronic flight bags.
SCOPE OF STUDY:TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.
We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.
As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.
To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!
APRIL 2025: NEGOTIATION PHASE
Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.
JULY 2025 FINAL TARIFF RESET
Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.
Reciprocal and Bilateral Trade & Tariff Impact Analyses:
USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.
Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.
Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook