Data-Driven Decisions: Electronic Flight Instrument System Market Research for Growth and Size Analysis
According to the most recent analysis by Emergen Research, the global Electronic Flight Instrument System (EFIS) market size was USD 598.8 Million in 2021 and is anticipated to grow at a revenue CAGR of 2.7% during the projected period. A significant element driving market revenue growth is the rising need for the integration of advanced avionics onboard new aircraft as a replacement for bulky electromechanical gauges and signals, which reduces weight and lowers operational and maintenance costs for end-users. A flight deck display system called an EFIS uses electrical rather than electromechanical means to display flight data. Multi-Functional Display (MFD), Primary Flight Display (PFD), Engine Indicating, and Crew Alerting System make up this system (EICAS).
The Electronic Flight Instrument System Market report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.
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The leading market contenders listed in the report are:
Honeywell International Inc., Garmin Ltd., Raytheon Technologies Corporation, BAE Systems, Korry Electronics, CMC Electronics Inc., AvMAP Satellite Navigation, TalosAvionics, Moving Terrain, and GRT Avionics
The research study examines historic. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Overview:
The report bifurcates the Electronic Flight Instrument System market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Platform Outlook (Revenue, USD Million; 2019-2030) Commercial Aviation Military Aviation General Aviation
Application Outlook (Revenue, USD Million; 2019-2030) Navigation Information Management Engine Monitoring Others
Fit Outlook (Revenue, USD Million; 2019-2030) Line-Fit Retrofit
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
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Regional Analysis Covers:
North America (U.S., Canada) Europe (U.K., Italy, Germany, France, Rest of EU) Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC) Latin America (Chile, Brazil, Argentina, Rest of Latin America) Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key reasons to buy the Global Electronic Flight Instrument System Market report:
The latest report comprehensively studies the global Electronic Flight Instrument System market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share. The report offers an insightful analysis of the regional outlook of the market. It offers a detailed account of the end-use applications of the products & services offered by this industry. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion. Latest Published Reports by Emergen Research: geospatial analytics market https://www.emergenresearch.com/industry-report/geospatial-analytics-market wireless earbuds market https://www.emergenresearch.com/industry-report/wireless-earbuds-market business transcription market https://www.emergenresearch.com/industry-report/business-transaction-market antibody-drug conjugates market https://www.emergenresearch.com/industry-report/antibody-drug-conjugates-market nutrigenomics market https://www.emergenresearch.com/industry-report/nutrigenomics-market graphene market https://www.emergenresearch.com/industry-report/graphene-market
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