India & China Business Jet Market Examined by SRI in In-demand Report Published at MarketPublishers.com07 May 2014 • by Natalie Aster
LONDON – The global recession has had a significant negative impact on the business jet market. It is forecast that the production of novel business jets is not likely to climb to the pre-recession levels for around another 10 years. Thus, in 2008, the deliveries of novel business jets totaled nearly 1,300; this figure halved to approximately 600 in the year of 2012. Furthermore, in 2013, the shipments stood at just 678 business jets. Recently, there has been slight growth witnessed in the bigger and longer-range business jets, whilst the medium and small jets continue to face certain challenges.
China and India are the strongest business jets markets in the Asian region. Due to the economic strengths along with the increasing demand from these countries, the overall business jets industry is betting highly on their potential. In China the demand is driven by corporations and growing number of billionaires, aspiring for the convenience provided by business jets. India, in its turn, outnumbers Japan and China when it comes to private jets. Gulfstream Aerospace, Bombardier, Honeywell International, Embraer S.A. and Cessna Aircraft are the key players in the Indo-China business jets market.
In-demand report “Assessment of the Indo-China Global Business Jets Market 2014” elaborated by Smart Research Insights (SRI) provides a close look at the world business jet market scenario with a particular focus on China and India.
The report presents an all-round assessment of the world business jets market landscape with along with a profound analysis of the Indo-China business jets market. It examines the key industry growth drivers and restraints, highlights the performance of the dominant industry participants, discloses vital estimates of the current industry performance as well as outlines the industry future growth prospects. The topical study features the prevailing market development trends, traces the recent important developments, evaluates the competitive landscape and provides detailed forecasts of the Indo-China business jets market and some other promising markets.
Assessment of the Indo-China Global Business Jets Market 2014
Published: April, 2014
Price: US$ 1,000.00
More In-demand Reports by SRI Include:
- Assessment of the Middle East Yacht Industry 2014
- Assessment of the Malaysian Palm Oil Industry
- Assessment of the China Yacht Industry 2014
- Assessment of the Indonesian Palm Oil Industry
More in-demand market studies by the publisher can be found at SRI page.