Press release
Light Business Jet Market Become Dominant At CAGR Of 5.68% By 2021
A business jet is an aircraft that is designed for transporting a small number of passengers. Business jet fares and services are comparatively higher than commercial airliners. These jets are owned and operated by individuals, corporations, government agencies, and commercial business jet operators that offer business jet charter services. Such services extended through jet card programs or fractional ownership schemes allow customers to have various benefits of business jet travel without the need for full ownership of the business jet.
Technavios analysts forecast the global light business jet market to grow at a CAGR of 5.68% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global light business jet market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Light Business Jet Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Bombardier
Embraer
Textron Aviation
Other prominent vendors
Cirrus Aircraft
Honda Aircraft Company
PILATUS AIRCRAFT
Market driver
Preference toward leasing an aircraft over conventional procurement
For a full, detailed list, view our report
Market challenge
Planetary financial support for R&D
For a full, detailed list, view our report
Market trend
Adoption of 3D printing
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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