Press release
Business Aircraft Market: Industry Analysis, Future Growth, Business Prospects and Global Forecast to 2023
Market Scenario:The major factors driving the global business aircraft market are the significantly growing global economies and the simultaneous improvement of the aviation industry. Moreover, the rapidly growing individual income levels and staggering profits of multinational firms and institutes are inducing a large demand for the business aircraft.
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Key Players of Business Aircraft Market:
• Bombardier Inc. (Canada)
• Gulfstream Aerospace Corporation (U.S.)
• Cessna Aircraft Company (U.S.)
• Dassault Aviation S.A. (France)
• Embraer S.A. (Brazil)
Global Business Aircraft Market:
Concurrently, the increasing demand for long range flights, is expected to push the demand for the market. Tourism activities, in particular, add to the growth and development of the global market.
However, the 2008 economic slowdown had adversely affected the global market with severe decline in the number of operational business planes. Thus, economic uncertainty is one of the major restraints for this market.
Market Research Analysis:
North America dominates the global business aircraft market, by region, as the market originated in the region. Europe is the second largest market, and is projected to receive almost 1,530 business aircraft, valued at USD 55 billion, by 2025. The Asia-Pacific region is one of the fastest growing regions in this market due to rapidly improving aviation infrastructure combined with geographical position beckoning the need for long range business aircraft. While, the Middle East region is expected to witness the fastest growth, among all regions, primarily due to the high economic levels, the Latin American regions have been systematically registering high year-on-year growth rates with countries such as Brazil, Argentina, and Venezuela racking up almost 80% of the regional market.
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Brief TOC:
1 Introduction
1.1 Definition
1.2 Scope of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure:
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
3.5 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porter’s five forces model
4.1.1 Bargaining Power of suppliers
4.1.2 Bargaining Power of Customer
4.1.3 Intensity of Competitor’s
4.1.4 Threat of New Entrants
5 Business Aircraft Market, By Type
5.1 Introduction
5.1.1 Light Aircraft
5.1.2 Helicopters
Continue…
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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