Business Jet Market worth $33.8 Billion by 2020


Posted September 14, 2016 by Rajesh

The business jet market can qualitatively be segmented into two major categories-branded charters (which also include air taxis) and fractional ownership.

 
This business jet market report provides a market analysis for the next five years. It contains an analysis of drivers, challenges, and restraints that impact the industry. It also discusses the industry, market, and technology trends that currently prevail in the market. It provides the market size of the business jet market over the next five years and talks about the market share ofspecific sub-sectors for each region.

The report also highlights the industry value chain, detailed ETOP analysis of the business jet market. Another aspect included is the illustrative segmentation, analysis, and forecast of the major geographical markets to provide an overall view of the global market.

Business jet market report offers a detailed analysis of the light, mid-sized, and large aircraft type.

Key players in this market are Bombardier Inc. (Canada), Gulfstream Aerospace Corporation (U.S.), Cessna Aircraft Company (U.S.), Dassault Aviation S.A. (France), and Embraer S.A. (Brazil).

The business jet market is segmented into three broad segments namely; Light jet, Mid-size jet, and large jet. The light and mid-size jet segment is expected to show considerable growth by 2020.

The large jet segment is expected to confront a slight dip in their growth rate. North America and Europe is expected to contribute to the growing demand in the very light jet segment. It is expected that APAC would contribute significantly in the growth of the large jet segment. Latin America is expected to experience growth in the light and mid-size segment.

New players such as Honda jet and Comac are expected to cater to the growing demand in the business jet market. Technological upgradation and more cost efficient products are expected from these new entrants to the market.
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Last Updated September 14, 2016