Electronic Flight Bag Market
The market for Electronic Flight Bag was estimated at $4.9 billion in 2024; it is anticipated to increase to $8.0 billion by 2030, with projections indicating growth to around $11.9 billion by 2035.
Global Electronic Flight Bag Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Electronic Flight Bag industry revenue is expected to be around $5.4 billion in 2025 and expected to showcase growth with 8.3% CAGR between 2025 and 2034. This innovative technology is becoming increasingly common in flights and airline operations. Is expected to revolutionize efficiency and accuracy, in the industry while significantly enhancing aviation safety and flight organization. An Electronic Flight Bag (EFB) serves as a tool for aviation professionals to handle flight related tasks in a more modern way compared to using traditional paper methods. It encompasses software applications and resources such as navigation maps and operation manuals to streamline flight operations efficiently. The EFB sector is experiencing growth lately due to the rising adoption of fuel efficient practices and the focus, on minimizing aircraft weight.
Market Key Insights
- The Electronic Flight Bag market is projected to grow from $4.9 billion in 2024 to $11.0 billion in 2034. This represents a CAGR of 8.3%, reflecting rising demand across Navigation Assistance, Data Analysis and Reporting and Paperless Cockpit Management.
- Boeing Company, Airbus Group, Rockwell Collins Inc are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Electronic Flight Bag market and are expected to observe the growth CAGR of 6.1% to 8.7% between 2024 and 2030.
- Emerging markets including UAE, Nigeria and Indonesia are expected to observe highest growth with CAGR ranging between 8.0% to 10.4%.
- Transition like Shift towards Paperless Cockpits is expected to add $254 million to the Electronic Flight Bag market growth by 2030.
- The Electronic Flight Bag market is set to add $6.0 billion between 2024 and 2034, with manufacturer targeting Weather Updates & Performance Calculations Applications projected to gain a larger market share.
- With Digitization of aviation industry, and Adoption of fuel-efficient technologies, Electronic Flight Bag market to expand 122% between 2024 and 2034.