Electronic Flight Instrument System (EFIS) Market by Platform (Fixed Wing and Rotary Wing), Application (Navigation, Flight Altitude, Aircraft Engine Monitoring, Others), Subsystem (Communication & Navigation Systems, Display Systems, Flight Management Controls & Systems, and Processing Systems), Fit Type (Line Fit and Retrofit): Global Market Size Estimates and Forecast (2019–2030)

Code: BMIRE00025795 | Pages: 100 | Industry: Aerospace and Defense | Date: Sep 2022 | Type: Global

The market was valued at US$ 911.72 million in 2021 and is expected to hit US$ 1,260.37 million by 2030, recording a CAGR of 3.9% during the forecast period.

The Growing Commercial Aircraft Deliveries has been Significantly Growing with the High Adoption of Electronic Flight Instrument System (EFIS) Technologies.

The rise in production and deliveries of aircraft across the commercial and military sector is one of the major factors propelling the EFIS market growth across the aviation industry. EFIS is equipped in the cockpit of an aircraft and allows different types of measurement, readings, and other important flight information that is used by pilots that have the control of any aircraft. Flight instrument systems were traditionally used in the form of mechanical instruments. However, the current aircraft models comprise of EFIS. Therefore, the rising aircraft production and deliveries worldwide is increasing the deployment of EFIS across different types of cockpits during the aircraft production. For instance, in 2021 Airbus delivered around 611 units of aircraft compared to 566 units of aircraft in 2020. Similarly, Boeing delivered around 340 aircraft units in 2021 compared to 157 units in 2020. Such instances are propelling the adoption of different types of avionics and EFIS components globally.

The line fit segment is expected to pace up the adoption of electronic flight instrument system (EFIS) worldwide. The growing production of new aircraft models including commercial, military, and general aviation models is one of the major factors propelling the adoption of EFIS globally and acting as a prime driving factor for the line fit segment. The development of electric aircraft is another major factor driving the growth of EFIS market for line fit segment.

Within the report, the market is segmented into platform, application, subsystem, and fit type, and geography. By platform, the market is further bifurcated into fixed wing and rotary wing. On the basis of application, the market is segmented into navigation, flight altitude, aircraft engine monitoring, and others. By subsystem, the market is segmented into communication & navigation systems, display systems, flight management controls & systems, and processing systems. On the basis of fit type, the market is bifurcated into line fit and retrofit. Geographically, the market is sub-segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

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Aircraft Electrification is a Far-Reaching Technology that Empowered the Growth of Futuristic Innovations.

The introduction of more electric and all electric aircraft models have been significantly driving the aircraft electrification industry. This is also supported by the development of EVTOL aircraft models. The ongoing research and developments along with high investments in the aviation industry is another major factor supporting the adoption of electronic components across the aircraft manufacturing sector. This also propels the need for electrical connectivity of different components of the electric aircraft which is more likely to boost the adoption of EFIS across the aviation sector. For instance, the increasing penetration of electronic flight bags is generating new demand for connectivity with the flight control systems and avionics which is another major factor behind the adoption of electronic flight instrument systems compared to traditional mechanically operated flight instrument systems and other avionics components. Such instances are likely to boost the demand for EFIS across electric aircraft applications during the forecast period.

The Growing Aircraft Refurbishment is Another of the Major Factor Accelerating the Market Growth.

The growing aircraft refurbishment of existing aircraft models is another major factor catalyzing the aircraft cockpit and avionics upgrade operations in the aviation industry. Several airlines and airborne military forces are taking initiatives to upgrade their existing old generation aircraft fleet with new and advanced technologies to increase the service life of old generating aircraft models. For instance, in June 2019, the L3Harris Technologies won a contract worth US$ 500 million to provide a major avionics upgrade of 176 units of Lockheed Martin C-130H tactical transports that is being used by the US Airforce. Similarly, in June 2022, Raytheon Technologies won a contract worth US$ 46 million to provide avionics upgrades to Fairchild Republic A-10C Thunderbolt II ground-attack jets for the US Airforce. Such initiatives are also driving the retrofit segment growth and are also expected to be one of the prime driving factors behind the growth of retrofit segment during the forecast period.

Recent Strategic Developments in Electronic Flight Instrument System (EFIS) Market

The electronic flight instrument system (EFIS) market has undergone several significant developments, and a few of these have been mentioned below:

  • In June 2022, Korean Aerospace Industries (KAI) awarded a contract to CMC Electronics (Canadian Firm) to modernize the cockpits of KA-1 advanced trainer aircraft models that are being used by Republic of Korean Air Force (ROKAF).
  • In July 2021, Thales won a contract from French defense procurement agency (DGA) to provide 350 Scorpion helmet-mounted sight and display systems and 400 digital multi-function displays that were to be integrated on the current in-service fleet of Dassault Aviation Rafale by the French Air Force and Navy.
  • In January 2021, the South Korean Air Force awarded three avionics upgrade contracts worth US$ 50 million to Israel Aerospace Industries (IAI). This contract includes conversion of used aircraft and retrofitting it with all parts of avionic systems with new and advanced electronic systems.

The electronic flight instrument system (EFIS) market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Honeywell International Inc., Raytheon Technologies Corporation, TransDigm Group, General Electric, AstroNova Inc., Telephonics Corporation, Garmin Ltd., L3Harris Technologies Inc., AMETEK, and Thales Group are among the prominent players operating in the market.

Target audience for the report:

  • Component providers
  • Smart clothing manufacturers
  • Exoskeleton manufacturers
  • Commercial aircraft avionics manufacturers
  • Military aircraft avionics manufacturers
  • General aviation avionics manufacturers
  • Software integrators
  • Commercial and Military aviation related associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policy makers
  • Venture capitalists, private equity firms, and start-up companies
  • Electronic component suppliers
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Platform:
    • Fixed Wing
    • Rotary Wing
  • Application
    • Navigation
    • Flight Attitude
    • Aircraft Engine Monitoring
  • Subsystem:
    • Communication & Navigation Systems
    • Display Systems
    • Flight Management Controls & Systems
    • Processing Systems
  • Fit Type:
    • Line Fit
    • Retrofit
  • Region
    • North America
      • US
      • Canada
      • Mexico
    • Europe
    • Asia Pacific (APAC)
    • Middle East & Africa
    • South America
  • Companies profiled
    • Honeywell International Inc.
    • Raytheon Technologies Corporation
    • TransDigm Group
    • General Electric
    • AstroNova Inc
    • Telephonics Corporation
    • Garmin Ltd.
    • L3Harris Technologies Inc.
    • AMETEK
    • Thales Group
  • Honeywell International Inc.
  • Raytheon Technologies Corporation
  • TransDigm Group
  • General Electric
  • AstroNova Inc
  • Telephonics Corporation
  • Garmin Ltd.
  • L3Harris Technologies Inc.
  • AMETEK
  • Thales Group
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