Global Business Jets Market Scrutinised by Smart Research Insights in Insightful Report Available at MarketPublishers.com11 Jun 2015 • by Natalie Aster
LONDON – The demand for business jet was severely hit by the financial crisis. It dropped by more than 48 percent. However, the situation has improved and the market majors started to launch new models, following a rise in demand in such regions as North America, the Middle East and Asia. Europe also demonstrates some signs of the demand recovery, but to a smaller extent if compared to North America.
As of 2013, the global market reached a value of approximately USD 21 billion.
In Asia, market players focus their attention on such countries as India and China.
The Indian aviation market is expected to be in the top 3 by 2020 given rapid growth of the local business aviation industry.
The Chinese market is set to continue growing as well, though the economic pace of the country has slowed down in the wake of introduction of new policies by the government and the corruption crackdown.
Insightful research study “Study of the Global Business Jets Market 2015” worked out by Smart Research Insights offers an up-close look at the global business jets marketplace. The report comprises a thorough overview of the market, it limelights current market scenario and focuses on market drivers. The study explores trends emerging in the marketplace and covers market performance across different regions and countries. The research report casts light on the competitive environment. Besides, it contains valuable data on key market players and future market outlook.
Study of the Global Business Jets Market 2015
Published: May, 2015
Price: US$ 1,400.00
More in-demand studies by the publisher can be found at Smart Research Insights page.