Summary - A new market study, titled “Global Business Jets - Market and Technology Forecast to 2028 ” has been featured on WiseGuyReports.
The rise of surveillance technologies like ADS-B and rising popularity of heavy Jets and long-range aircrafts have acted as key drivers in the Business Jet Market. The recent growth in private aviation passengers can be attributed to programs such as membership programs, on-demand chartering and fractional ownership which have taken off around the world. The Federal Aviation Administration (FAA) of the United States announced its policy for issuing air traffic control (ATC) authorizations to individuals seeking to operate aircrafts which are not equipped with ADS-B Out equipment in ADS-B airspace after Jan. 1, 2020.
Digitization is a trend which is expected to bring about disruption in the Business Jet market. Online brokers are expected to serve approximately 70 percent of the market in the next few years. The number of online brokers is expected to be consolidated to 5-10 by the end of the forecast period. Currently, traditional business models like fractional ownership or charter are dominant in the business jet market.
The total Global Market for Business Jets is estimated at around USD 10 billion in 2020 and the market is expected to grow with a CAGR of around 16% to USD 32 billion by 2028. North America is expected to account for approximately 60 percent of the market by the end of the forecast period. This is due to the fact that majority of the business jet manufacturers operate out of the North American region.
The report is aimed at:
The Key drivers, restraints and challenges which are expected to shape the Global Business Jets market are covered in detailed in the report.
The key technologies which could have an impact on the Business Jets Market have been covered in detail.
The top 20 products have been analyzed in detail with respect to their component suppliers and their historic shipment data.
The Porter’s Five Forces and the PEST of the Global Business Jet market have been covered in the report.
The high growth markets have been identified in the Opportunity Analysis Chapter.
The market has been forecasted from 2020- 2028 considering all the factor, which is expected to impact the market.
The Scenario Analysis Chapter covers the key scenarios and its impacts on the forecast chapter.
Segmentation covered in this report
The market is segmented based on Component, Region, Class, and Number of Engines:
By Component:
Fuselage/Body
Empennage or Tail Assembly
Wings
Landing Gear Assembly
Jet engine
Flight Control Systems and Instruments
Others
Region Wise Segmentation:
North America
Europe
APAC
Middle East
LATAM
ROW
By Class
Small
Midsize Jets
Super midsize to Business liners
By Number of Engines
Single Engine
Double engine
Three engines
Product Level Analysis
ACJ319neo
ACJ320neo
ACJ330neo
BBJ 787 family
BBJ 777 family
BBJ MAX Family
Phenom 100
Phenom 300E
Legacy 650
Lineage 1000
Legacy 500
Learjet 75
Challenger 350
Global Family
King Air 250
King Air C90GTx
Falcon 7x
Gulfstream 550
Gulfstream 280
HA-420 HondaJet
Reasons to buy
The new players in the Business Jets market and the potential entrants into this market can use this report to understand the key market trends that are expected to shape this market in the next few years
The Market Analysis Chapter cover the Key Drivers, Restraints and Challenges of the Business Jets Report. The PEST and the Porter’s five forces are covered in detail in this report
The key technologies that could impact the Business Jets Market have been covered in detail, an example is the growing interest in inflight entertainment in the Business Jets market. The report can be used by sales and marketing team to formulate their medium- and long-term strategies and to reconfirm their short-term plans
The forecast chapter would help the sales team to formulate their medium-term sales plan
The report would be help to the sales and the marketing team to understand the key segments across the top ten countries which have been analyzed in the report
The Opportunity Analysis chapter identifies the key hot spots within the Global Business Jets Market
The company profiles include financials, latest news, contracts and SWOT for more than 15 companies
Who is this report for?
Business Jet Manufacturers: The report would be help to the Business Jet manufacturers in this market
Component Manufacturers: This report would help Business Jet aircraft component manufacturers to understand the future buying trends of this market
MRO Institutions: The Business Jet Market and the Business Jet MRO market complement each other; this report would help MRO operators to understand the future buying trends of this market
Business Jet Service Providers: The Business Jet Service could use this report to understand the upcoming technologies in this market, like the composites
Decision Makers: The future investment and technology focus decisions could be formulated based on the inputs of this report
Other Stakeholders: Various other stakeholders like the asset management companies, brokerage companies and refurbishment companies could use this report to understand the overall trend in the Global Business Jet market
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The new report by Expert Market Research titled, ‘Global Business Jets Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global business jets market, assessing the market based on its segments like aircraft type, end use, systems, services, platform and major regions like North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The sample report shall be delivered to you within 24 hours.Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/business-jets-market/requestsampleThe key highlights of the report include:Market Overview (2016-2026)Historical Market Size (2020 ): USD 24.74 billionForecast CAGR (2021-2026 ): 7%Forecast Market Size (2026 ): USD 37.13 billionThe market for business jets has seen substantial growth due to factors such as the increasing number of staff and the introduction of fresh aircraft programs.
Also, increased knowledge across different segments offers an enormous market opportunity for key players in the business jets market.
Business jets can be customised for specific missions, such as casualty evacuation or parcel delivery, and some are used by public bodies, government officials, and the military services.Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/business-jets-marketBased on the aircraft type, the industry is divided into:LightMid-SizedLargeAirlinersBased on the end use, the industry is divided into:PrivateOperatorsBased on the system, the industry is divided into:OEMAftermarketBased on the services, the industry is divided into:Charter ServicesJet Card ProgramsDebit as You Fly ProgramFractional OwnershipBased on the platform, the industry is divided into:Fixed WingRotary WingThe regional markets for business jets include:North AmericaEuropeAsia PacificLatin AmericaMiddle East and AfricaLatest News on Global Business Jets Market@ https://www.expertmarketresearch.com/pressrelease/business-jets-marketMarket TrendsGeographically, North America currently holds the largest market share and is likely to maintain that position throughout the forecast period.
Most of the demand is for light and large jets due to the presence of numerous high-net-worth people and corporate companies.
In addition, charter companies have reduced their pricing to accommodate the business jet prospects.
This report presents the worldwide Business Jets market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.The Business Jets market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period.
In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Business Jets.Request a sample of this report @ http://www.orbisresearch.com/contacts/request-sample/2322927The following manufacturers are covered in this report:BombardierGulfstream AerospaceCessna Aircraft CompanyEmbraerDassault AviationAirbus GroupBoeing CompanyHonda Aircraft CompanyTextron AviationAmjet AviationBusiness Jets Breakdown Data by TypeVery Light JetsLight JetsMid-size JetsSuper Mid-size JetsLarge JetsBusiness Jets Breakdown Data by ApplicationPublic BodiesGovernment OfficialsArmed ForcesOtherBrowse the complete report @ http://www.orbisresearch.com/reports/index/global-business-jets-market-insights-forecast-to-2025Business Jets Production by RegionUnited StatesEuropeChinaJapanOther RegionsThe study objectives are:To analyze and research the global Business Jets status and future forecast?involving, production, revenue, consumption, historical and forecast.To present the key Business Jets manufacturers, production, revenue, market share, and recent development.To split the breakdown data by regions, type, manufacturers and applications.To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.To identify significant trends, drivers, influence factors in global and regions.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.This report includes the estimation of market size for value (million USD) and volume (Units).
Both top-down and bottom-up approaches have been used to estimate and validate the market size of Business Jets market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.For the data information by region, company, type and application, 2017 is considered as the base year.
Whenever data information was unavailable for the base year, the prior year has been considered.Place a purchase order of this report @ http://www.orbisresearch.com/contact/purchase/2322927About Us:Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements.
COVID-19 Impact Analysis on Business Jets Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2019-2027.
The report encompasses data regarding market share and recent developments by key players.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Business Jets Market include Gulfstream Aerospace Corporation, Bombardier Inc., Textron Inc., Dassault Aviation SA, Embraer SA, and Airbus SE, Dassault Aviation, HondaJet, Eviation Aircraft, Zunum Aero, Joby Aviation, and Cennas Aircraft Company..
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Business Jets Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/business-jets-market/download-sampleMarket SegmentationThe broad Business Jets Market has been sub-grouped into the Point of Sale, Range, Aircraft Type and Region.
The report studies these subsets with respect to the geographical segmentation.
The comprehensive analysis of Global Business Jets Market along with the market elements such as market drivers, market trends, challenges and restraints.
The various factors which will help the buyer in studying the Business Jets market on competitive landscape analysis of prime manufacturers, trends, opportunities, marketing strategies analysis, Market Effect Factor Analysis and Consumer Needs by major regions, types, applications in Global market considering the past, present and future state of the industry.In addition, this report consists of the in-depth study of potential opportunities available in the market on a global level.The report begins with a market overview and moves on to cover the growth prospects of the Business Jets market.
The current environment of the global Business Jets industry and the key trends shaping the market are presented in the report.
Insightful predictions for the coming few years have also been included in the report.
These predictions feature important inputs from leading industry experts and take into account every statistical detail regarding the Business Jets market.
The market is growing at a very rapid face and with rise in technological innovation, competition and M activities in the industry many local and regional vendors are offering specific application products for varied end-users.The statistical surveying report comprises of a meticulous study of the Business Jets Market along with the industry trends, size, share, growth drivers, challenges, competitive analysis, and revenue.
