Global Business Jet Market Overview:

The Global Business Jet Market is Valued at US$ 400 Million in 2018 and will reach US$ 485 Million by the end of 2023.

One of the most important factor drives the growth of the Global Business Jet Market is rapid growth in the tourism. Business jets are utilized for evacuation of the casualties caused by natural or disaster situations, for express parcel deliveries, and for transporting the government or army officials. Business jets have proved their type as the reliable type of transportation due to reduced travel time and on-demand flight scheduling facility.

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The Global Business Jet Market is segmented on the basis of Type, Jet Size and Region. Based on the Type, the Global Business Jet Market is classified into Fractional Ownership, Charter, Jet Card Programs and others. On the basis of Jet Size, the Global Business Jet Market is sub-segmented into Light Business Jet, Mid-Size Business Jet, Large Business Jet and others.

In terms of the regional analysis, North America accounted for the largest share of the Global Business Jet Market in 2013. The already established infrastructural capacity and the highest number of older aircraft in the world are expected to be the cause of increased demand for new aircraft, thereby driving the growth in the North American region. Europe is still the second largest market for Business Jets. The demand for business jets in Europe still remains below the pre-recession average, as the after effects of the sovereign debt crisis continue to hamper the consumer and business confidence across the region. Latin America, Asia-Pacific and Africa are expected to be the key growth regions in the Business Jet Market.

Latest Industry News:

1 Bombardier Inc (April 23, 2019) – Bombardier Commercial Aircraft Enhances Customer Support in Africa and the Middle East with Relocation of its Q Series Aircraft Regional Support Team – Bombardier Commercial Aircraft announced today that it will relocate its Q Series aircraft regional support team from Lanseria International Airport to Airways Park, close to O.R. Tambo International Airport. This move will co-locate the regional support team for the Q Series aircraft with Bombardier’s longstanding customer, South African Express Airways. The CRJ Series Aircraft Program will maintain support to the region from its current location in Johannesburg, South Africa.

2 Gulfstream Aerospace Corporation (March 18, 2019) – Gulfstream Explores Symmetry Flight Deck Development, Innovation in All-new Docuseries – Gulfstream Aerospace Corp. today premiered the first episode of its all-new documentary, “Creating Symmetry,” a series that showcases the making of the Gulfstream Symmetry Flight DeckTM — the industry’s most technologically advanced flight deck, currently in service on the clean-sheet Gulfstream G500.

“Viewers can expect a captivating look into the extraordinary commitment and effort involved in developing a true clean-sheet design — something truly innovative,” said Jeannine Haas, senior vice president and chief marketing officer, Gulfstream. “The series features a host of past and present industry leaders, all of whom went to great lengths to revolutionize aircraft technology.”

Top Leading Key Manufacturers are: Bombardier Inc, Gulfstream Aerospace Corporation, Cessna Aircraft Company, Embraer S.A., Dassault Aviation S.A., Airbus Group N.V., The Boeing Company, Honda Aircraft Company Llc and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Business Jet in these regions, from 2013 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

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Major Points in Table of Contents:

Global Business Jet Market Report 2019

1 Business Jet Product Definition

2 Global Business Jet Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Business Jet Shipments

2.2 Global Manufacturer Business Jet Business Revenue

2.3 Global Business Jet Market Overview

3 Manufacturer Business Jet Business Introduction

3.1 Bombardier, Inc. Business Jet Business Introduction

3.1.1 Bombardier, Inc. Business Jet Shipments, Price, Revenue and Gross profit 2014-2018

3.1.2 Bombardier, Inc. Business Jet Business Distribution by Region

3.1.3 Bombardier, Inc. Interview Record

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