The global business jets market is expected to expand from an estimated USD 24.74 billion in 2019 to USD 37.13 billion by 2025, at a CAGR of 7% over the forecast period of 2020-2025. In the global business jets market, high-profile aviation is expected to provide a boost to the business jets market in the coming years. These are cost-effective and a safe mode of transportation. Their capacity to conduct private business during flights, on-demand flight scheduling, decreased travel time, and immediate access to company locations are significant factors driving the growth of the market.
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Properties and Applications
A private jet, business jet, or bizjet is a jet aircraft intended to carry small groups of individuals. Business jets can be tailored to other tasks, such as casualty evacuation process or express delivery of parcels, and some are used by public bodies, government officials or the armed forces. Business jets market can be divided on the basis of segments like aircraft type, end use, systems, services, and platforms.
The industry can be divided on the basis of its aircraft type as light, mid-sized, large, and airliners.
The industry can be broadly categorised on the basis of its end use into:
The industry can be divided on the basis of its system as OEM and aftermarket. OEM is subdivided into aerostructures, avionics, aircraft systems, cabin interiors, doors, windows, and windshields. Aftermarket is subdivided into aerostructures, avionics, aircraft systems, and cabin interiors.
The industry can be divided on the basis of its services as charter services, jet card programs, debit as you fly programme, and fractional ownership.
Further, the business jets market, based on platform, can be divided as:
The EMR report looks into the regional business jets markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
It is anticipated that increasing number of staff and the introduction of fresh aircraft programs will drive business jets market growth. During the forecast period, the light aircraft segment is expected to grow at the fastest rate. The growth of the light aircraft segment can be ascribed to its increasing use as business jets for inter and intracity transport, along with increased brand marketing for the product by the manufacturers. With the advancement in technology and rising middle class population, the industry is witnessing a further growth. Growing air mobility, especially in developed and developing nations, is anticipated to drive the business jet industry further.
The report presents a detailed analysis of the following key players in the global business jets market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Questions Answered in the Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Business Jets Market Analysis
6.1 Global Business Jets Historical Market (2015-2019) & Forecast (2020-2025)
6.2 Global Business Jets Market Breakup by Aircraft Type
6.3 Global Business Jets Market Breakup by Aircraft Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.4 Global Business Jets Market Breakup by End Use
6.5 Global Business Jets Market Breakup by End Use: Historical Market (2015-2019) & Forecast (2020-2025)
6.6 Global Business Jets Market Breakup by Systems
188.8.131.52 Aircraft Systems
184.108.40.206 Cabin Interiors
220.127.116.11 Aircraft Systems
18.104.22.168 Cabin Interiors
6.7 Global Business Jets Market by Systems: Historical Market (2015-2019) & Forecast (2020-2025)
22.214.171.124 Aircraft Systems
126.96.36.199 Cabin Interiors
188.8.131.52 Aircraft Systems
184.108.40.206 Cabin Interiors
6.8 Global Business Jets Market by Services
6.8.1 Charter Services
6.8.2 Jet Card Programs
6.8.3 Debit as You Fly Program
6.8.4 Fractional Ownership
6.9 Global Business Jets Market by Services: Historical Market (2015-2019) & Forecast (2020-2025)
6.9.1 Charter Services
6.9.2 Jet Card Programs
6.9.3 Debit as You Fly Program
6.9.4 Fractional Ownership
6.10 Global Business Jets Market by Platform
6.10.1 Fixed Wing
220.127.116.11 General & Business Aviation
6.10.2 Rotary Wing
18.104.22.168 Civil & Commercial
6.11 Global Business Jets Market by Platform: Historical Market (2015-2019) & Forecast (2020-2025)
6.11.1 Fixed Wing
22.214.171.124 General & Business Aviation
6.11.2 Rotary Wing
126.96.36.199 Civil & Commercial
6.12 Global Business Jets Market by Region
6.12.1 North America
188.8.131.52 United States of America
184.108.40.206 United Kingdom
6.12.3 Asia Pacific
6.12.4 Latin America
6.12.5 Mddle East & Africa
220.127.116.11 Saudi Arabia
18.104.22.168 United Arab Emirates
22.214.171.124 South Africa
6.13 Global Business Jets Market by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.13.1 North America
126.96.36.199 United States of America
188.8.131.52 United Kingdom
6.13.3 Asia Pacific
6.13.4 Latin America
6.13.5 Mddle East & Africa
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Regional Price Analysis
9.1 North America Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.2 Europe Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.3 Asia Pacific Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.4 LATAM Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.5 Middle East & Africa Historical Price Trends (2015-2019) & Forecast (2020-2025)
10 Competitive Landscape & Supplier Analysis
10.1.1 Company Overview
10.1.2 Financial Analysis
10.2 Safran S.A. (SAF (EPA))
10.2.1 Company Overview
10.2.2 Financial Analysis
10.3 Curtiss-Wright Corporation (CW (NYSE))
10.3.1 Company Overview
10.3.2 Financial Analysis
10.4 Esterline Technologies Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.5 Honeywell International Inc. (HON (NYSE))
10.5.1 Company Overview
10.5.2 Financial Analysis
10.6 Meggitt PLC (MGGT (LON))
10.6.1 Company Overview
10.6.2 Financial Analysis
10.7 United Technologies Corporation (UTX (NYSE))
10.7.1 Company Overview
10.7.2 Financial Analysis
10.8 Eaton Corporation Inc (ETN (NYSE))
10.8.1 Company Overview
10.8.2 Financial Analysis
10.9 Ametek, Inc. (AME (NYSE))
10.9.1 Company Overview
10.9.2 Financial Analysis
11 Events and Developments
Additional Customization Available:
12 Feedstock Analysis
13 Procurement Strategy
13.1 Value Chain Analysis
13.2 Contract Terms
13.3 Buying and Sourcing Trends
13.4 Storage and Warehousing
13.5 Certifications and Regulations
13.6 Risk Factors
14 Trade Data Analysis
14.1 Major Exporting Countries: By Value and Volume
14.2 Major Importing Countries: By Value and Volume
15 Manufacturing Process
15.1 Detailed Process Flow
15.2 Operations Involved
15.3 Mass Balance
16 Cost Analysis
16.1 Land, Location and Site Development
16.3 Plant Machinery
16.4 Cost of Raw Material
16.9 Other Capital Investment
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