Business jets are an integral part of the business aviation industry. A business jet is usually designed for transporting small groups of people. But they can also be adapted for other roles as per requirements by public bodies, government officials, or armed forces, such as the evacuation of casualties or express parcel deliveries

The global business jet market is segmented on the basis of aircraft type, systems, and end-user.

On the basis of aircraft type, it is segmented into the light, mid-sized, large, and airliner.  There has been a brisk growth in the usage of the light aircraft type. its growth is attributed to the anticipated commercialization of air taxis, which are used as business jets for inter and intracity travel.

By systems, it is segregated into OEM and aftermarket system. The OEM system is majorly used due to the commercialization of electric & hybrid business air vehicles and the OEM system is more economical when compared to the aftermarket system.

On the basis of the end-user, it is divided into private and operator. Due to the burden of depreciation cost and high operating & maintenance cost of private ownership mostly makes use of these business jet. 

Key Factors Impacting Market Growth:

  • Globalization of trade
  • The new trend of replacing the old generation business jets with new aircraft models.
  • The rapid technological advancements in avionics systems and interior cabin products 

Key Developments:

  • Bombardier launched the Learjet 75 Liberty which is a light business jet, in July 2019.
  • EmbraerX unveiled a new electric flying vehicle concept during the Uber Elevate Summit 2019 in Washington, D.C. The aircraft has an electric vertical take-off and landing capability.
  • Embraer introduced the company’s new Praetor 600 super-mid-sized business jet, in May 2019. This jet was granted Type Certificate by the EASA (European Union Aviation Safety Agency) and the FAA (Federal Aviation Administration). 

What Does This Report Provide?

This report provides a detailed understanding of the global business jet market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By Aircraft Type:

  • Light
  • Mid-Sized
  • Large

By Systems:

  • OEM
  • Aftermarket

By End User:

  • Private
  • Operator

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Aircraft Type
    • By Systems
    • By End User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Aircraft Type
    • By Systems
    • By End User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Aircraft Type
    • By Systems
    • By End User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Aircraft Type
    • By Systems
    • By End User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Aircraft Type
    • By Systems
    • By End User
  • Rest of the World
    • By Region (South America, Africa)
    • By Aircraft Type
    • By Systems
    • By End User

Companies Covered: Bombardier Inc., Gulfstream Aerospace Corporation, Cessna Aircraft Company, Dassault Aviation S.A., Embraer S.A., Pilatus Aircraft Inc., Saab AB, Piper Aircraft, Honda Aircraft Company, and Textron Aviation.

Reasons to Buy This Report:

  • Market size estimation of the  global business jet market on regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: [email protected]

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