Commercial Electronic Flight Bag Market Size Projections: AI and Automation Transformative Trends
The market size of the Commercial Electronic Flight Bag Market is categorized based on Type (Hardware, Software) and Application (OEM, Aftermarket) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). Commercial Electronic Flight Bag Market Impact of AI and Automation The Commercial Electronic Flight Bag (EFB) market was valued at approximately $1.2 billion in 2022 and is projected to reach around $3.5 billion by 2030. This growth reflects a robust CAGR of about 14.5% during the forecast period from 2022 to 2030. The increasing adoption of EFB solutions by airlines, driven by factors such as enhanced operational efficiency, reduced paper usage, and improved navigation accuracy, is significantly contributing to market expansion. Furthermore, the integration of advanced technologies in EFB systems is reshaping how flight operations are conducted, promoting safety and speed during flight preparation and execution. Ar...