2020 Business Jets Market Report- by Aircraft Type, Systems, End User, Point of Sale, Services, Region and Global Forecast to 2030

The business jets market is projected to grow from an estimated USD 18.8 billion in 2020 to USD 38.0 billion by 2030, at a CAGR of 7.3% during the forecast period.

The research reports on Business Jets Market report gives detailed overview of factors that affect global business scope. Business Jets Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors. Business Jets Market report contains emerging players analyze data including competitive situations, sales, revenue and market share of top manufacturers.

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Major companies profiled in the report include Bombardier (Canada), Embraer (Brazil), Textron, Inc. (US), Gulfstream (US), Airbus (Netherlands), and Boeing (US), among others. Startups such as Eviation Aircraft, Zunum Aero, and XTI aircraft are some of the companies focusing on launching and commercializing their business jets before 2025.

North America region is expected to account for the largest share of the global market in 2020. This can be attributed to the maximum number of high-net-worth individuals in this region, and presence of major business jet manufacturers in this region such as Textron (US), Bombardier (Canada), and Gulfstream (US), among others. 

The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the business jets market. A detailed analysis of the key industry players has been done to provide insights into their business overviews; solutions and services; key strategies; new product launches; mergers; and partnerships, agreements, and collaborations; and recent developments associated with the business jets market. Competitive analysis of upcoming startups in business jets market ecosystem is covered in this report.

The outbreak of COVID-19 has led to a significant economic toll on the aviation sector due to air travel restrictions in various countries. The crisis having idled much of the aviation business; fleet readiness, and maintenance considerations are of paramount significance to tackle the challenges posed by the pandemic. However, with certain relaxations across regions, business jet operators and service providers have witnessed a sluggish demand for charter services., 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.

Based on aircraft type, the large segment is projected to lead business jets market during the forecast period.This growth can be attributed to the comfort that large business jets provide. Large jets comprise standard heavy jets and ultra-long-range heavy jets, which are priced much higher than light and mid-sized jets. The delivered volume of large jets is 1/3rd that of total business jets, and its price is more than double of average business jet price, leading to a larger market share.

Based on point of sale, the OEM segment is projected to lead business jets market during the forecast period. Aircraft are equipped with various components and sub components before being delivered to operators. This stage of installation is known as OEM. The OEM phase is one of the crucial aspects of the business jets market. Over the years, there has been a significant rise in demand for business jets around the world.

Based on range, the less than 3,000 NM segment is projected to to grow at the highest CAGR during the forecast period. Business jets that fall under the range of less than 3,000 NM are generally used for short-distance domestic travel. These aircraft have access to small airports and can and can modify departure and arrival processes and time, which drives the growth of this segment.

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Reasons to buy this report:
Business Jets Market Report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall business jets market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Business Jets Market report provides insights on the following pointers:
Market Penetration: Comprehensive information on Business Jets offered by top players in the market
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the Business Jets Market
Market Development: Comprehensive information about lucrative markets – the report analyzes the Business Jets Market across varied regions
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Business Jets Market
Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the Business Jets Market

Table of Contents in this Report-
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
Figure 1 Business Jets Market Segmentation
1.3.1 Regional Scope
1.3.2 Years Considered
1.4 Currency & Pricing
1.5 Market Stakeholders
1.6 Summary Of Changes
Figure 2 Business Jets Market To Grow At A Higher Rate Compared To Previous Report Estimates

2 Research Methodology
2.1 Research Data
Figure 3 Research Flow
Figure 4 Research Design: Business Jets Market
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown Of Primaries
Figure 5 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.1.3 Market Definition & Scope
2.1.4 Segments And Subsegments
2.1.5 Segment Definitions
2.1.5.1 Business Jets Market, By Aircraft Type
2.1.5.2 Business Jets Market, By End Use
2.1.5.3 Business Jets Market, By System
2.1.5.4 Business Jets Market, By Point Of Sale
2.1.5.5 Business Jets Market, By Range
2.2 Research Approach And Methodology
2.2.1 Bottom-Up Approach
2.2.1.1 Conventional Business Jets Market
2.2.1.2 Hybrid-Electric Business Jets Market
2.2.1.3 Business Jets Aftermarket
2.2.1.4 Total Business Jets Market, By Range Type
2.2.1.5 Total Business Jets Market
2.2.1.6 Total Business Jets Market, By Aircraft Type
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
2.2.2 Top-Down Approach
2.2.2.1 Covid-19 Impact On Business Jets Market
2.2.2.2 Conventional Business Jets Market, By Region And Country
2.2.2.3 Hybrid-Electric Business Jets Market, By Region And Country
2.2.2.4 Business Jets Aftermarket, By Region And Country
2.2.2.5 Total Business Jets Market, By Region And Country
2.2.2.6 Business Jets Market, By End Use
2.2.2.7 Business Jets Market, By System
2.2.2.7.1 Oem Systems
2.2.2.7.2 Aftermarket Systems
2.2.2.8 Business Jets Market, By Point Of Sale
2.2.2.8.1 Oem
2.2.2.8.2 Aftermarket
Figure 7 Market Size Estimation Methodology: Top-Down Approach
2.2.3 Pricing Analysis
2.3 Data Triangulation & Validation
2.3.1 Triangulation Through Secondary
2.3.2 Triangulation Through Primaries
Figure 8 Data Triangulation
2.4 Research Limitations
2.5 Research Assumptions
2.5.1 Conventional Business Jets
2.5.2 Hybrid-Electric Business Jets
2.5.3 Aftermarket Business Jets
Figure 9 Assumptions For The Research Study
2.6 Risks

3 Executive Summary
Figure 10 Large Aircraft Segment Projected To Lead Business Jets Market During Forecast Period
Figure 11 Operators End Use Segment Projected To Dominate Business Jets Market During Forecast Period
Figure 12 Oem Segment Projected To Hold A Larger Share Compared To Aftermarket
Figure 13 More Than 5,000 Nm Range Segment Projected To Dominate Business Jets Market During Forecast Period
Figure 14 Aircraft Oem Systems Projected To Lead Business Jets Market During Forecast Period
Figure 15 North America To Account For Largest Share Of Business Jets Market During Forecast Period

4 Premium Insights
4.1 Business Jets Market, 2020–2030
Figure 16 Recommencement Of Global Economic Growth To Drive Business Jets Market
4.2 Business Jets Market, By Aircraft Type
Figure 17 Large Aircraft Segment To Dominate Business Jets Market In Forecast Period
4.3 Business Jets Market, By End Use
Figure 18 Operators Segment Expected To Have A Higher Cagr During The Forecast Period
4.4 Business Jets Market, By Country
Figure 19 Business Jets Market In India To Grow At The Highest Cagr During Forecast Period

5 Market Overview
5.1 Introduction
Figure 20 Number Of Business Jets Deliveries
5.2 Market Dynamics
Figure 21 Market Dynamics Of The Business Jets Market
5.2.1 Drivers
5.2.1.1 Introduction Of New Programs
5.2.1.2 Recommencement Of Global Economic Growth
5.2.1.3 Aging Fleet Size
5.2.1.4 Increasing Number Of High-Net-Worth Individuals
Table 1 Rising Global Economy Will Spur The Demand For Business Jets
5.2.2 Restraints
5.2.2.1 Lengthy Period Of Product Certification From Aviation Authorities
5.2.2.2 Uncertainty Of Orders
5.2.3 Opportunities
5.2.3.1 Evtol Aircraft
5.2.3.2 Advent Of Hybrid-Electric Aircraft Propulsion Technology
5.2.3.3 Entry Of New Business Jets Oems
5.2.3.4 Rising Demand For Business Jets From Emerging Markets
5.2.3.5 Increase In Demand For Private And Chartered Airplanes Amidst Covid-19 Outbreak
5.2.4 Challenges
5.2.4.1 Unavailability Of Infrastructure
5.2.4.2 Rising Fuel Prices
5.2.4.3 Economic Challenges Faced By Oems Of Business Jets Market Due To Covid-19 Outbreak
5.3 Technology Analysis
5.3.1 On-Board Jet Wave Technology

6 Industry Trends
6.1 Introduction
6.2 Ecosystem
Figure 22 Ecosystem: Business Jets Market
6.3 Key Influencers
6.4 Current And Futuristic Trends
6.4.1 Sophistication Of Cabin Interiors
6.4.1.1 Cabin Lighting
6.4.1.2 Ifec
6.4.1.3 Cabin Management Systems
6.4.2 Autonomous Business Aircraft
6.4.3 Electric Propulsion
6.4.3.1 Hybrid Electric Propulsion System Design
Figure 23 Hybrid Electric Propulsion System Architecture
6.4.3.2 All Electric Propulsion System Design
Figure 24 All Electric Propulsion System Architecture
6.4.4 Urban Air Mobility
6.5 Use Cases
6.5.1 Time-Shared Business Jets
6.5.2 Pegasus Universal Aerospace Carried Out Its First Vtol Business Jet Outing At Ebace
6.6 Innovations & Patent Registrations
Table 2 Innovations & Patent Registrations, 2015-2016
6.7 Impact Of Mega Trends

and more...

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