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 titled Global Electronic Flight Instrument System Market is one of the most sought-after market reports involving an in-depth analysis of the global Electronic Flight Instrument System Market. The report’s authors have offered necessary details on the latest Electronic Flight Instrument System Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Electronic Flight Instrument System Market entails useful insights into the estimated Electronic Flight Instrument System Market size, revenue share, and sales distribution networks. Such helpful market insights are bound to help readers outline this ’s key outcomes in the near future.

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Competitive Terrain:

The global Electronic Flight Instrument System industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

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

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Additional information offered by the report:

• Along with a complete overview of the global Electronic Flight Instrument System market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
• The report elaborates on the global Electronic Flight Instrument System market size and share governed by the major geographies.
• It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
• It further presents a detailed description of the company profiles of the key market contenders.

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

Radical Highlights of the Electronic Flight Instrument System Market Report:

• Comprehensive overview of the Electronic Flight Instrument System market along with analysis of the changing dynamics of the market
• Growth Assessment of various market segments throughout the forecast period
• Regional and global analysis of the market players, including their market share and global position
• Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
• Impact of the technological developments and R&D advancements on the Electronic Flight Instrument System market
• Information about profit-making strategies and developmental strategies of major companies and manufacturers
• Insightful information for the new entrants willing to enter the market
• Details and insights about business expansion strategies, product launches, and other collaborations
• The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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