Title: Business Jets Market worth $38.0 billion by 2030 | Top Companies & Growth Scope
1- Business Jets Market worth 38.0 billion by 2030
Top Companies Growth Scope
2- Research report categorizes the Business Jets
Market based on Aircraft Type, Systems, End User,
Point of Sale, Services by region.
- By Aircraft Type
- Light
- Mid-Sized
- Large
- Airliner
- By Systems
- OEM Systems
- Aftermarket Systems
- By Point Of Sale
- OEM
- Aftermarket
And More
3- Business Jets Market Forecast to 2030 With
COVID-19 Impact Analysis
- The temporary halts in production have impacted
the OEM market for business jets adversely.
Aircraft deliveries have been delayed in the
first and second quarter of 2020, due to
lockdowns in various countries, which has further
fueled the decline in the revenue of
manufacturers. - However, with certain relaxations across regions,
business jet operators and service providers have
witnessed a sluggish demand for charter services.
For instance, Go Air airlines has operated 51
charter flights carrying 8,951 passengers to
India until June 2020. - Clients are choosing to charter to gain quicker
access, skip long and crowded check-in, customs,
and immigration queues of people with unknown
travel histories.
And More
4Key Segments
The global business jet market is projected to
grow from an estimated USD 24.7 billion in 2019
to USD 36.4 billion by 2030, at a CAGR of 3.6
during the forecast period.
1
Factors such as increasing number of high net
worth individuals, aging fleet size and upcoming
new aircraft programs are expected to drive the
growth of the market.
2
Browse 89 market data Tables and 44 Figures
spread through 159 Pages and in-depth TOC on
"Business Jets Market - Global Forecast to 2030"
3
4
Asia Pacific is expected to be the
fastest-growing region for business jets market
during the forecast period
5
Asia Pacifics GDP forecast is estimated to rise
in the coming years, with developing countries
such as China and India expected to have
considerable growth potential for the market.
5- Business Jets Market Growth Rate
2030
2019
CAGR of 7.3
Market Size of 18 Billion
Market Size of 38 Billion
Recent Developments
- In July 2019, Bombardier launched the Learjet 75
Liberty, a light business jet. - In June 2019, EmbraerX unveiled a new electric
flying vehicle concept during Uber Elevate Summit
2019 in Washington, D.C. The aircraft concept,
with electric vertical take-off and landing
capability, is part of the EmbraerX multi-project
approach. The company is working on a
collaborative effort with Uber to enable and
accelerate the urban mobility ecosystem.
6Vendors
- Bombardier (Canada)
- Embraer (Brazil)
- Textron, Inc. (US)
- Gulfstream (US)
- Airbus (Netherlands)
- Boeing (US)
View Report Here - https//www.marketsandmarkets.c
om/Market-Reports/business-jet-market-33698426.htm
l
7- North America
- Europe
- Asia Pacific
- Middle East
- Africa
- Latin America
View Report Here - https//www.marketsandmarkets.c
om/Market-Reports/rocket-propulsion-market-1318436
71.html
8- Key Questions Answered in Our Report
- 1. How has the market shaped up? Historic trends,
early adopters, regulation, tipping point etc.
2. What are the burning issues? How can they be
addressed?
3. What will your New Revenue Sources be?
4. Which regions will offer the most promising
opportunities?
5. Who are the leading players in this market?
What strategies are they adopting to stay ahead
of competition?
6. How will the market shape up in next five
years? competition?
9- MarketsandMarkets Value Proposition
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11- MarketsandMarkets Our Expertise
Our Expertise
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