Press release
Business Jets Market is expected to reach US$ 254.26billion by 2032 | Major players - Airbus SAS, The Boeing Company, Bombardier, Dassault Aviation
Market Size and Growth:The Business Jets Market Size reached US$ 102.69 billion in 2024 and is expected to reach US$ 254.26billion by 2032, growing with a CAGR of 12% during the forecast period 2025-2032. The Market is growing due to increasing demand for private air travel, rising corporate investments, and the need for time-efficient, flexible transportation solutions. According to DataM Intelligence Report.
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The Business Jets Market encompasses the global industry involved in the design, manufacture, sale, and maintenance of private jets used for corporate, government, and individual travel. It includes light, mid-size, and large jets, offering speed, efficiency, and luxury. Market growth is driven by rising corporate travel, high-net-worth individuals, and technological advancements in fuel efficiency and onboard amenities.
United States: Recent Developments of Business Jets Market
✅ October 2025: Honeywell released its annual outlook forecasting record demand with 8,500 new business jet deliveries valued at $283 billion over the next decade, driven by fractional ownership growth and tax incentives like 100% bonus depreciation.
✅ November 2025: Global Jet Capital projected North America to dominate 73.8% of new and pre-owned business jet transactions through 2029, highlighting sustained US leadership amid strong pre-owned activity.
✅ November 2025: US bizjet activity hit record levels ahead of Thanksgiving, with over 80,000 global departures (led by US growth) marking 7% year-over-year increase.
Europe: Recent Developments of Business Jets Market
✅ October 2025: Honeywell noted Europe expected to receive 14% of new jet deliveries over three years, with higher-than-average operators holding firm orders despite sustainability pressures.
✅ November 2025: Market outlook emphasized Europe's role as a key region for business jets, with rising corporate travel, fractional ownership, and eco-friendly tech like sustainable aviation fuels boosting demand.
✅ September 2025: Business jet flights reached all-time highs worldwide, with European operators contributing via increased activity and projections for 8-11% delivery growth into 2025.
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Major Players:
Key companies in the Business Jets market include:
Airbus SAS
The Boeing Company
Bombardier
Dassault Aviation
Embraer SA
Gulfstream Aerospace Corporation
HondaJet
Textron, Inc.
Eviation Aircraft
XTI Aircraft
Market Growth Drivers:
✅ Rising number of high-net-worth individuals and corporate demand for efficient, flexible private travel.
✅ Technological advancements in fuel efficiency, avionics, range, and cabin amenities.
✅ Expansion of fractional ownership, jet cards, and charter services broadening market access.
Segments Covered in the Business Jets Market:
By Aircraft Type: Light, Mid-sized, Large, Airlines.
By Point of Sale: Pre-owned, OEM, Aftermarket.
By Systems: OEM Systems, Aftermarket Systems.
By Range: Less than 3,000 nm*, 3,000 nm -5000 nm, More than 5,000 nm.
By End-user: Private User, Operator.
Regional Analysis for Business Jets Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Chapter Outline:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Business Jets market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Business Jets Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Business Jets market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Business Jets Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Business Jets market?
➠ Who are the global key manufacturers of the Business Jets Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Business Jets market opportunities and threats faced by the vendors in the global Business Jets Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Business Jets market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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