The global business jet market size was valued at $2357 billion with 703 jets delivered in 2018. The market is expected to expand at a CAGR of over 3% over the forecast period. Factors such as continued wealth creation in mature markets and increasing business aviation penetration in emerging economies are expected to drive growth. The emergence of new and technologically advanced aircraft models is expected to further accelerate growth. Emerging economies around the world are expected to see increasing demand for business jets as adoption converges to a mature market level. Industry participants are driving overall demand by offering full aircraft ownership to customers by introducing new business models, for example partial ownership.
A full report of Business Jet Market is available at: https://www.orionmarketreports.com/business-jet-market/25177/#ert_pane1-0
Business Jet Market Segmentations
By point of sale
• OEM
• Aftermarket
By Aircraft Type
• Light
• Mid-sized
• Large
• Airliner
• End Use
• Private
• Operator
By System
• OEM Systems
• Aftermarket Systems
By Range
• Less than 3,000 NM
• 3,000–5,000 NM
• More than 5,000 NM
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Business Jet Market Report
• What was the Business Jet Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Business Jet Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Business Jet Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
