Reports > Aerospace And Defense > Electronic Flight Instrument System Market Report
Electronic Flight Instrument System Market Size, Share, Industry Trends and Forecast to 2033
This report analyzes the Electronic Flight Instrument System (EFIS) market, providing comprehensive insights and data from 2023 to 2033, including market size, growth forecasts, industry trends, and regional breakdowns.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $2.50 Billion |
| CAGR (2023-2033) | 6.8% |
| 2033 Market Size | $4.91 Billion |
| Top Companies | Garmin International Inc., Honeywell Aerospace, Thales Group, Rockwell Collins (now part of Collins Aerospace), Northrop Grumman Corporation |
| Last Modified Date | 15 Nov 2024 |
Electronic Flight Instrument System Market Report (2023 - 2033)
Electronic Flight Instrument System Market Overview
What is the Market Size & CAGR of Electronic Flight Instrument System market in 2023?
Electronic Flight Instrument System Industry Analysis
Electronic Flight Instrument System Market Segmentation and Scope
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Electronic Flight Instrument System Market Analysis Report by Region
Europe Electronic Flight Instrument System Market Report:
In Europe, the market size will expand from $0.65 billion in 2023 to $1.27 billion by 2033, fueled by stringent safety regulations and a shift towards highly integrated avionics systems.Asia Pacific Electronic Flight Instrument System Market Report:
In the Asia-Pacific region, the EFIS market is projected to grow from $0.50 billion in 2023 to $0.97 billion by 2033, reflecting an increasing number of aircraft and investments in aviation infrastructure.North America Electronic Flight Instrument System Market Report:
North America holds a significant share, with the market expected to double from $0.95 billion in 2023 to $1.87 billion by 2033 due to the presence of major aircraft manufacturers and technological advancements.South America Electronic Flight Instrument System Market Report:
The South American EFIS market will advance from $0.17 billion in 2023 to $0.33 billion by 2033, driven by a rise in regional air travel and the modernization of existing fleets.Middle East & Africa Electronic Flight Instrument System Market Report:
The EFIS market in the Middle East and Africa is projected to grow from $0.24 billion in 2023 to $0.47 billion by 2033, supported by increasing flight operations and investments in aviation infrastructure.Request a custom research report for industry.
Electronic Flight Instrument System Market Analysis By Type
Global Electronic Flight Instrument System Market, By Type Market Analysis (2023 - 2033)
Primary Instruments are expected to dominate the market, growing from $1.54 billion in 2023 to $3.02 billion by 2033, holding a share of 61.54%. Backup Instruments will also see growth, expanding from $0.67 billion to $1.32 billion within the same timeframe.
Electronic Flight Instrument System Market Analysis By Technology
Global Electronic Flight Instrument System Market, By Technology Market Analysis (2023 - 2033)
The market for Traditional Technologies remains significant, valued at $2.22 billion in 2023 and forecasted to reach $4.36 billion by 2033, maintaining an 88.64% share. However, Advanced Technologies are slowly gaining traction, expected to double from $0.28 billion to $0.56 billion.
Electronic Flight Instrument System Market Analysis By Application
Global Electronic Flight Instrument System Market, By Application Market Analysis (2023 - 2033)
Commercial Aviation continues to be the largest segment, holding a market value of $1.54 billion and projected to grow to $3.02 billion by 2033, maintaining a 61.54% share. Military Aviation, with a current market size of $0.67 billion, is also projected to grow to $1.32 billion.
Electronic Flight Instrument System Market Analysis By Configuration
Global Electronic Flight Instrument System Market, By Configuration Market Analysis (2023 - 2033)
Fixed-Wing Aircraft represent a substantial portion of the market, expected to grow from $2.22 billion in 2023 to $4.36 billion by 2033, while Rotary-Wing Aircraft are projected to increase from $0.28 billion to $0.56 billion.
Electronic Flight Instrument System Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Electronic Flight Instrument System Industry
Garmin International Inc.:
A leading provider of avionics equipment renowned for innovations in EFIS technology, Garmin offers integrated solutions for both civil and military aviation.Honeywell Aerospace:
Honeywell is a major player in the aerospace sector, providing advanced avionics and EFIS solutions that enhance safety and operational efficiency.Thales Group:
Thales Group specializes in providing integrated avionics solutions, including EFIS, focusing on enhancing flight safety and situational awareness.Rockwell Collins (now part of Collins Aerospace):
Rockwell Collins is known for its cutting-edge flight deck solutions, contributing significantly to the advancement of EFIS technology.Northrop Grumman Corporation:
Northrop Grumman delivers advanced avionics systems and is recognized for its innovation in military and commercial aviation flight instruments.We're grateful to work with incredible clients.
