Global Business Jet Market: Analysis of Growth, Trends Progress and Challenges (2017-2022)

  • ID: 3987748
  • Report
  • Region: Global
  • 300 Pages
  • Mordor Intelligence
1 of 5

FEATURED COMPANIES

  • Air Charter Service
  • Bloom Business Jets
  • Dassault Falcon
  • Flexjet
  • Honda Aircraft Company
  • One Aviation
  • MORE

The Global Business Jet Market is poised to grow at a CAGR of over 5.84% during 2017-2022. Business jets control the largest share in the general aviation market by revenue.  The economic crisis of 2008 had greatly impacted the business jet market and sales had slumped , but the market has recovered smartly since then and in 2015/16 the annual sales of business jets eclipsed the high which was achieved in 2008.

Due to rising incomes globally, business jets especially light and very light category ones have become in reach and business jet have ceased to be the domain of only the ultra rich. Time share and fractional ownership programs have enabled more people to own a jet. Most popular light business jets can be purchased in the range of $ 4 million, which has expanded their customer base. The biggest restraint but which is affecting the sale of Business Jets especially in the regions of South America, Africa and Asia Pacific is the severe lack of infrastructure to support a business jet. Even if the infrastructure is available then , the expenses are prohibitively expensive, which makes an operation based on Business Jets unfeasible.

Hence, in case of Business Jets it is seen that close to 3/4th of the sale is centered in the developed regions of North America and Europe. The rest of the regions are highly underpenetrated and it is these regions which will show massive rates of growth in future and drive the business jet market. India is one of the most promising markets for business jet. The main problem there is the strict regulatory framework by its regulatory agency DGCA (Directorate General of Civil Aviation), which has a very strict framework and policy regulations on private jet ownerships , even by charter companies. But the situation there is changing, and India along with China will be the leaders of this market post 2020.

The Gulfstream 500/550/650 series are one of the most popular business jets globally and 117 of the jets were sold globally which was one of the highest for any type. But going into the future, light jets and very light jets can become one of the largest sellers, an example of this has been shown by the Cessna Citation M2 which has sold 100 aircraft just 2 years since its certification.

What the Report Offers:

The study identifies the situation of Global business jet Market and predicts its growth. Report talks about growth, market trends, progress, challenges, opportunities, government regulations, technologies in use, growth forecast, major companies, upcoming companies and projects etc. in the Global business jet Market.  In addition to it, the report also talks about economic conditions of and future forecast of its current economic scenario and effect of its current policy changes in to its economy, reasons and implications on the growth of this sector. Lastly, the report is segmented on the basis of type, operators and region.

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.

READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Air Charter Service
  • Bloom Business Jets
  • Dassault Falcon
  • Flexjet
  • Honda Aircraft Company
  • One Aviation
  • MORE
1. Research Methodology

2. Key Findings of The Study

3. Executive Summary

4. Market Overview
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness – Porter’s 5 Force Analysis
4.4 Industry Policies

5. Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Rise in number of millionaires around the world
5.2.2 Strong demand forecast in India & China
5.2.3 Infrastructure improvement in emerging markets
5.3 Restraints
5.3.1 Sluggish growth in North America
5.3.2 European financial crisis
5.3.3 Tough regulatory framweork in the emerging markets
5.4 Trends
5.4.1 Canadian Government becomes partner with Bombardier for development of C series aircraft
5.4.2 Increasing popularity of Fractional Ownership programs
5.4.3 Certification near for the new HA-420 Honda Jet
5.4.4 Cessna Citaton M2 reaches the 100 mark , ony 2 years after certification

6. Global Business Jet Market
6.1 Technology Overview
6.2 Segmentation by type
6.2.1 Very Light Jets
6.2.2 Light Jets
6.2.3 Midsize Jets
6.2.4 Super Midsize Jets
6.2.5 Large Cabin Jets
6.2.6 Heavy Jets
6.3 Segmentation by Operators
6.3.1 Charter Companies
6.3.2 Fractional Ownerships
6.3.3 Corporate Usage
6.3.4 Private ownership
6.4 Segmentation By Region
6.4.1 North America
6.4.2 South America
6.4.3 Asia-Pacific
6.4.4 Africa
6.4.5 Middle East
6.4.6 Europe

7. Competitive Intelligence – Company Profiles
7.1 Netjets
7.1.1 Overview
7.1.2 Major Products and Services
7.1.3 Recent Developments
7.2 B/E Aerospace
7.2.1 Overview
7.2.2 Major Products and Services
7.2.3 Recent Developments
7.3 Flexjet
7.3.1 Overview
7.3.2 Major Products and Services
7.3.3 Recent Developments
7.4 Bloom Business Jets
7.4.1 Overview
7.4.2 Major Products and Services
7.4.3 Recent Developments
7.5 Grafair
7.5.1 Overview
7.5.2 Major Products and Services
7.5.3 Recent Developments
7.6 Executive Jet Charter
7.6.1 Overview
7.6.2 Major Products and Services
7.6.3 Recent Developments
7.7 XOJET
7.7.1 Overview
7.7.2 Major Products and Services
7.7.3 Recent Developments
7.8 VistaJet
7.8.1 Overview
7.8.2 Major Products and Services
7.8.3 Recent Developments
7.9 SaxonAir
7.9.1 Overview
7.9.2 Major Products and Services
7.9.3 Recent Developments
7.10 Textron Aviation
7.10.1 Overview
7.10.2 Major Products and Services
7.10.3 Recent Developments
7.11 Bombardier
7.11.1 Overview
7.11.2 Major Products and Services
7.11.3 Recent Developments
7.12 Dassault Falcon
7.12.1 Overview
7.12.2 Major Products and Services
7.12.3 Recent Developments
7.13 Gulfstream Aerospace Corp
7.13.1 Overview
7.13.2 Major Products and Services
7.13.3 Recent Developments
7.14 Honeywell International
7.14.1 Overview
7.14.2 Major Products and Services
7.14.3 Recent Developments
7.15 Honda Aircraft Company
7.15.1 Overview
7.15.2 Major Products and Services
7.15.3 Recent Developments
7.16 Air Charter Service
7.16.1 Overview
7.16.2 Major Products and Services
7.16.3 Recent Developments
7.17 Embraer
7.17.1 Overview
7.17.2 Major Products and Services
7.17.3 Recent Developments
7.18 One Aviation
7.18.1 Overview
7.18.2 Major Products and Services
7.18.3 Recent Developments
7.19 Boeing
7.19.1 Overview
7.19.2 Major Products and Services
7.19.3 Recent Developments
7.20 Airbus
7.20.1 Overview
7.20.2 Major Products and Services
7.20.3 Recent Developments

8. Investment Analysis
8.1 Recent Mergers And Acquisitions
8.2 Investment Outlook

9. Future of Global Business Jet Market
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5
  • Air Charter Service
  • Airbus
  • B/E Aerospace
  • Bloom Business Jets
  • Boeing
  • Bombardier
  • Dassault Falcon
  • Embraer
  • Executive Jet Charter
  • Flexjet
  • Grafair
  • Gulfstream Aerospace Corp
  • Honda Aircraft Company
  • Honeywell International
  • Netjets
  • One Aviation
  • SaxonAir
  • Textron Aviation
  • VistaJet
  • XOJET
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown
Adroll
adroll