Tuesday, 02 January 2024 12:17 GMT

Electronic Flight Instrument System (EFIS) Market By Application, Platform, Sub-System, Fit And Region - Global Forecast To 2027'


(MENAFN- PR Newswire)

DUBLIN, Sept. 15, 2022 /PRNewswire/ -- The 'Global Electronic Flight Instrument System (EFIS) Market by Application, Platform (General Aviation, Commercial Aviation, Military Aviation), Sub-System (Display Systems, Processing Systems, Control Panel), Fit and Region - Forecast to 2027' report has been added to ResearchAndMarkets.com's offering.

The electronic flight instrument system (EFIS) market size is projected to grow from USD 618 Million in 2022 to USD 720 Million by 2027, at a CAGR of 3.1% from 2022 to 2027.

The growing need for aircraft modernization to improve operating safety and fuel efficiency, consequently minimizing operational costs, is something that is propelling the adoption of advanced EFIS.

The Flight Attitude segment is projected to dominate market share in the application segment during the forecast period

Based on application, the flight attitude segment is projected to dominate market share during the forecast period. The market is further segmented into navigation, information management and engine monitoring. One of the key factors driving the flight attitude market is the integration of advanced avionics equipment that control the movement of the aircraft.

The Commercial Aviation segment projected to lead electronic flight instrument system (EFIS) market during forecast period

Based on Platform, the commercial aviation segment is projected to lead the electronic flight instrument system (EFIS) market during the forecast period. Globally the air passenger traffic footprint has increased over the last decade, to meet the demand the airline companies are expanding their aircraft fleet size, thus driving the market for commercial aviation segment.

Display Systems is expected to account for the largest share in 2022

Based on Sub-System type, the display systems segment is projected to lead the electronic flight instrument system (EFIS) market during the forecast period. This segment has been further segmented into display systems, processing systems and control panels. There is huge demand for advanced display system. The demand for advanced aircraft with improved system efficiency is fuelling the market for sub-systems.

Line-Fit is expected to account for the largest share in 2022

Based on Fit, the line-fit segment is projected to lead the electronic flight instrument system (EFIS) market during the forecast period. The demand is because there are more deliveries being made to efficiently handle the continuously increasing passenger demand encouraging airlines to expand their operations. Older aircraft lack the capability to retrofit EFIS equipment, which increases demand for line-fit segment.

North America is expected to account for the largest share in 2022

The electronic flight instrument system (EFIS) market industry has been studied for North America, Europe, Asia Pacific, Middle East& Africa, and Latin America. North America accounted for the largest market share in 2022, and Latin America is projected to witness the highest CAGR during the forecast period. The demand for lighter-weight electronic flight instrument system with enhanced safety, better accuracy and situational awareness and the automation of flight control to drive the market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights 4.1 Attractive Opportunities for Players in Electronic Flight Instrument System Market4.2 Electronic Flight Instrument System Market, by Sub-System4.3 Electronic Flight Instrument System Market, by Application4.4 Electronic Flight Instrument System Market, by Platform4.5 Electronic Flight Instrument System Market, by Fit

5 Market Overview 5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Increasing Use of Sophisticated Avionics with Minimal Weight Profile5.2.1.2 Enhanced Safety and Situational Awareness Offered by Efis5.2.2 Restraints5.2.2.1 Stringent Design Regulations Pertaining to Efis5.2.2.2 High Installation Cost due to Ongoing Technological Disruption5.2.3 Opportunities5.2.3.1 Planned Fleet Modernization Programs5.2.4 Challenges5.2.4.1 High System Complexity Requiring Proper Pilot Training for Optimum Usage5.2.4.2 Electronic Failures5.3 Trends/Disruptions Impacting Customer5.3.1 Revenue Shift and New Revenue Pockets for Electronic Flight Instrument System Manufacturers5.4 Pricing Analysis5.5 Market Ecosystem5.5.1 Prominent Companies5.5.2 Private and Small Enterprises5.5.3 End-users5.6 Value Chain Analysis5.7 Technology Analysis5.7.1 Automatic Dependent Surveillance-Broadcast (Ads-B)5.7.2 Integrated Modular Avionics5.8 Case Study Analysis5.8.1 Next-Generation Open Flight Deck5.9 Porter's Five Forces Model5.9.1 Threat of New Entrants5.9.2 Threat of Substitutes5.9.3 Bargaining Power of Suppliers5.9.4 Bargaining Power of Buyers5.9.5 Intensity of Competitive Rivalry5.10 Key Stakeholders & Buying Criteria5.10.1 Key Stakeholders in Buying Process5.10.2 Buying Criteria5.11 Key Conferences and Events in 2022-20235.12 Tariff & Regulatory Landscape for Aerospace Industry

6 Industry Trends 6.1 Introduction6.2 Supply Chain Analysis6.3 Technology Trends6.3.1 Attitude Heading Reference System (Ahrs)6.3.2 Traffic Alert and Collision Avoidance System (Tcas)6.3.3 Terrain Awareness and Warning System (Taws)6.3.4 Enhanced Vision System (Evs)6.3.5 Automatic Flight Control System (Afcs)6.4 Impact of Megatrends6.4.1 Implementation of Industry 4.06.4.2 Advancements in Supply Chain for Electronic Flight Instrument System Manufacturing6.5 Patent Analysis

7 Electronic Flight Instrument System Market, by Application 7.1 Introduction7.2 Flight Attitude7.3 Navigation7.4 Information Management7.5 Engine Monitoring

8 Electronic Flight Instrument System Market, by Platform 8.1 Introduction8.2 Commercial Aviation8.2.1 Narrowbody Aircraft8.2.1.1 Demand for Narrow-Body Aircraft in Short-Haul Travel to Drive Efis Installations8.2.2 Widebody Aircraft8.2.2.1 Increase in Passenger Travel to Drive Demand for Widebody Aircraft8.2.3 Regional Jets8.2.3.1 Increased Use of Fly-By-Wire Technology to Fuel Demand for Regional Jets Worldwide8.3 Military Aviation8.3.1 Combat Aircraft8.3.1.1 Growing Procurement of Combat Aircraft due to Increasing Geopolitical Rift8.3.2 Military Helicopters8.3.2.1 Increasing Use of Helicopters in Combat and Search & Rescue Operations8.3.3 Training Aircraft8.3.3.1 Need for More Pilots to Drive Demand for Training Aircraft8.3.4 Transport Aircraft8.3.4.1 Increasing Use of Transport Aircraft in Military Operations8.3.5 Special Mission Aircraft8.3.5.1 Evolving Warfare Techniques to Drive Demand8.4 General Aviation8.4.1 Business Jets8.4.1.1 Growth of Private Aviation Companies8.4.2 Commercial Helicopters8.4.2.1 Increasing Use in Corporate and Civil Applications8.4.3 Light Aircraft8.4.3.1 Low Cost of Maintenance and Operations to Drive Demand

9 Electronic Flight Instrument System Market, by Sub-System 9.1 Introduction9.2 Display Systems9.2.1 Primary Flight Display (Pfd)9.2.1.1 Rising System Efficiency and Increasing Demand for Advanced Aircraft9.2.2 Multi-Function Display (Mfd)9.2.2.1 Enhanced Product Functionality due to Technological Innovations and Advancements9.2.3 Navigation Display9.2.3.1 Enhanced Display Systems with Vertical Flight Profile Addition9.2.4 Engine Indicating and Crew Alerting System (Eicas)9.2.4.1 Rising Demand for Lightweight and Advanced Components with Various Functionalities in Modern Aircraft9.2.5 Electronic Flight Bag (Efb)9.2.5.1 Incorporation of Efb to Reduce Aircraft Weight and Real-Time Data Sharing9.2.6 Control Panels9.2.7 Autopilot9.2.7.1 Digital Revolution in Aviation Sector to Accelerate Demand for Autopilot Control Systems9.2.8 Radio9.2.8.1 Consolidation of Multi Radios into One Advanced Radio Control Unit to Drive Market9.2.9 Input Selector9.2.9.1 Integration of Input Selectors with Advanced Multi-Functional Displays9.3 Processing Systems9.3.1 Air Data Computer9.3.1.1 Integration of Digital Air Data Computers with Modern Aircraft9.3.2 Flight Control Computer9.3.2.1 Increasing R&D Activities to Develop Advanced Flight Control Computers9.3.3 Navigation Computer9.3.3.1 Development of Regional Satellite Navigation Systems

10 Electronic Flight Instrument System Market, by Fit 10.1 Introduction10.2 Line-Fit10.2.1 Increasing Aircraft Demand to Drive Segment10.3 Retrofit10.3.1 Evolving Safety Regulations to Drive Fleet Modernization

11 Regional Analysis

12 Competitive Landscape 12.1 Introduction12.2 Market Share Analysis of Key Players, 202112.3 Top Five Players Ranking Analysis, 202112.4 Revenue Analysis of Top Five Market Players, 202112.5 Company Product Footprint Analysis12.6 Company Evaluation Quadrant12.6.1 Stars12.6.2 Emerging Leaders12.6.3 Pervasive Players12.6.4 Participants12.7 Start-Up/Sme Evaluation Quadrant12.7.1 Progressive Companies12.7.2 Responsive Companies12.7.3 Starting Blocks12.7.4 Dynamic Companies12.8 Competitive Scenario12.8.1 Market Evaluation Framework12.8.2 New Product Launches and Developments12.8.3 Deals12.8.4 Ventures/Agreements/Expansions

13 Company Profiles 13.1 Introduction13.2 Key Players13.2.1 Honeywell International Inc.13.2.2 Raytheon Technologies Corporation13.2.3 General Electric Company13.2.4 Thales Sa13.2.5 Bae Systems plc13.2.6 L3Harris Technologies Inc.13.2.7 Astronautics Corporation of America13.2.8 Korry Electronics13.2.9 Garmin Ltd.13.2.10 Cmc Electronics Inc.13.2.11 Meggitt plc13.2.12 Universal Avionics Systems Corporation13.2.13 Avidyne Corporation13.2.14 Genesys Aerosystems Group Inc.13.2.15 Aspen Avionics Inc.13.2.16 Dynon Avionics Inc.13.2.17 Taskem Corporation13.2.18 Suzhou Changfeng Instruments Co., Ltd.13.2.19 Lpp S.R.O.13.2.20 Mgl Avionics13.3 Other Players13.3.1 Moving Terrain Ag13.3.2 Kanardia D.O.O.13.3.3 Talos Avionics P.C.13.3.4 Grt Avionics13.3.5 Avmap S.R.L.

14 Appendix

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