Business Jets Market by Aircraft Type (Light, Mid-Sized, Large, Airliner), Systems (OEM Systems, Aftermarket Systems), End-Use (Private User, Operator), Point of Sale (OEM, Aftermarket), Services, Range and Region - Global Forecast to 2030
The business jets market size is expected to grow from USD 30.1billion in 2022 to USD 41.8 billion by 2030, at a CAGR of 4.2% during the forecast period. The market for business jetsis driven by various factors, such asthe increasing demand for improved passenger experience and replacement of old aircraft fleets.The manufacturers of business jets are primarily focused on improving passenger experience and enhancing operational efficiency. However, complex product certification procedure and uncertainty of ordersare limiting the overall growth of the market.
Thelight aircraft type segment is estimated to register the highest CAGR of the business jets market from 2022 to 2030
Based on aircraft type, the light aircraft segment of the business jets market is estimated to register highest CAGR from 2022 to 2030. High demand for intercity travel is driving the growth of light aircraft type business jets.However, these aircrafts are cost-efficient and comfortable for short-haul distances, that are also adding to the demand and growth of business jets market.
The private usersegment of end use is estimated to account for the largest share of the business jets market in 2022
Based on end use, the private user segment is estimated to account for the largest share of the business jets market in 2022. In recent years, the demand for ease of air travel has increased significantly.Additionally, they provide access to locations where airlines do not offer regular flights. These are the driving factors that are leading to the increasingnumber of private users of the business jets market.
North America is estimated to account for the largest share of the business jets market in 2022
North Americais estimated to account for the largest share of the business jets market in 2022.The aviation and aerospace sectors in the region are growing steadily. This has consequently created a significant demand for business jets. The growth of the business jets market in this region is driven by factors such as rapid growth in aircraft manufacturing, technological advancements, and travel and tourism.
Break-up of profiles of primary participants in thebusiness jetsmarket
Research Coverage:
The market study covers the business jets market across segments. It aims at estimating the market size and growth potential of this market across various segments, such asaircraft type, end use, point of sale, system, range, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons to buy this report:
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall business jets market and its subsegments. This report covers the entire ecosystem of the business jets, and disruptive technologies, such as sophisticated cabin interiors, autonomous business aircraft and electric propulsion. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Thelight aircraft type segment is estimated to register the highest CAGR of the business jets market from 2022 to 2030
Based on aircraft type, the light aircraft segment of the business jets market is estimated to register highest CAGR from 2022 to 2030. High demand for intercity travel is driving the growth of light aircraft type business jets.However, these aircrafts are cost-efficient and comfortable for short-haul distances, that are also adding to the demand and growth of business jets market.
The private usersegment of end use is estimated to account for the largest share of the business jets market in 2022
Based on end use, the private user segment is estimated to account for the largest share of the business jets market in 2022. In recent years, the demand for ease of air travel has increased significantly.Additionally, they provide access to locations where airlines do not offer regular flights. These are the driving factors that are leading to the increasingnumber of private users of the business jets market.
North America is estimated to account for the largest share of the business jets market in 2022
North Americais estimated to account for the largest share of the business jets market in 2022.The aviation and aerospace sectors in the region are growing steadily. This has consequently created a significant demand for business jets. The growth of the business jets market in this region is driven by factors such as rapid growth in aircraft manufacturing, technological advancements, and travel and tourism.
Break-up of profiles of primary participants in thebusiness jetsmarket
- By Company Type: Tier 1 – 55%, Tier 2 – 20%, and Tier 3 – 25%
- By Designation: C-Level Executives– 75%, Manager Level – 25%
- By Region: North America –20%, Europe – 25%, AsiaPacific – 30%,Latin America- 10%, Middle East- 10%, Africa- 5%
Research Coverage:
The market study covers the business jets market across segments. It aims at estimating the market size and growth potential of this market across various segments, such asaircraft type, end use, point of sale, system, range, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons to buy this report:
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall business jets market and its subsegments. This report covers the entire ecosystem of the business jets, and disruptive technologies, such as sophisticated cabin interiors, autonomous business aircraft and electric propulsion. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on business jetsoffered 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 marketacross 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
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
1.3 STUDY SCOPE
1.3.1 BUSINESS JETS MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.4.1 USD EXCHANGE RATES
1.5 INCLUSIONS & EXCLUSIONS
TABLE 1 BUSINESS JETS MARKET: INCLUSIONS & EXCLUSIONS
1.6 LIMITATIONS
1.7 MARKET STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 RESEARCH FLOW
FIGURE 2 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary sources
2.1.2.2 Breakdown of primaries: By company type, designation, and region
2.2 FACTOR ANALYSIS
2.2.1 INTRODUCTION
2.2.2 DEMAND-SIDE INDICATORS
2.2.3 SUPPLY-SIDE INDICATORS
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 3 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 4 MARKET SIZE ESTIMATION: TOP-DOWN
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 5 DATA TRIANGULATION METHODOLOGY
2.5 ASSUMPTIONS
2.6 RISK ANALYSIS
3 EXECUTIVE SUMMARY
FIGURE 6 LIGHT AIRCRAFT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 7 OPERATORS SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD
FIGURE 8 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF BUSINESS JETS MARKET
4 PREMIUM INSIGHTS
4.1 BUSINESS JETS MARKET, 2022–2030
FIGURE 9 INCREASING DEMAND FOR IMPROVED PASSENGER EXPERIENCE DRIVES BUSINESS JETS MARKET
4.2 BUSINESS JETS MARKET, BY AIRCRAFT TYPE
FIGURE 10 LARGE AIRCRAFT SEGMENT TO DOMINATE IN 2022
4.3 BUSINESS JETS MARKET, BY END USE
FIGURE 11 OPERATORS SEGMENT EXPECTED TO LEAD DURING FORECAST PERIOD
4.4 BUSINESS JETS MARKET, BY COUNTRY
FIGURE 12 INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 13 BUSINESS JETS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Demand for improved passenger experience
5.2.1.2 Replacement of old aircraft fleets
5.2.1.3 Increase in number of high-net-worth individuals
5.2.2 RESTRAINTS
5.2.2.1 Complex product certification procedure
5.2.2.2 Uncertainty of orders
5.2.3 OPPORTUNITIES
5.2.3.1 Emergence of e-VTOL aircraft
5.2.3.2 Advent of hybrid-electric aircraft propulsion technology
5.2.3.3 Entry of new business jet OEMs
5.2.3.4 High demand for private jets and chartered airplanes
5.2.4 CHALLENGES
5.2.4.1 Unavailability of infrastructure in developing countries
5.2.4.2 High jet fuel prices
FIGURE 14 JET FUEL PRICE TREND (JUNE 2021 TO JUNE 2022)
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS
FIGURE 15 REVENUE SHIFT IN BUSINESS JETS MARKET
5.4 BUSINESS JETS MARKET ECOSYSTEM
5.4.1 PROMINENT COMPANIES
5.4.2 START-UPS AND SMALL ENTERPRISES
5.4.3 END USERS
5.4.4 AFTERMARKET
FIGURE 16 BUSINESS JETS MARKET ECOSYSTEM MAP
TABLE 2 BUSINESS JETS MARKET ECOSYSTEM
5.5 TECHNOLOGY ANALYSIS
5.5.1 ON-BOARD JET WAVE TECHNOLOGY
5.5.2 URBAN AIR MOBILITY
5.6 USE CASE ANALYSIS
5.6.1 USE CASE: JET-SHARE CO. MANAGES OPERATIONS IN TIME-SHARED BUSINESS JETS
TABLE 3 TIME-SHARED BUSINESS JETS
5.6.2 USE CASE: JET SHARING DUE TO PROBLEMS WITH AVAILABILITY OF COMMERCIAL AIRLINES
TABLE 4 PROBLEMS ASSOCIATED WITH COMMERCIAL AIRPLANES
5.6.3 USE CASE: PEGASUS UNIVERSAL AEROSPACE CARRIES OUT FIRST VTOL BUSINESS JET OUTING AT EBACE
5.7 VALUE CHAIN ANALYSIS
FIGURE 17 VALUE CHAIN ANALYSIS
5.8 AVERAGE SELLING PRICE ANALYSIS
FIGURE 18 SELLING PRICE
5.9 VOLUME DATA
TABLE 5 BUSINESS JETS MARKET, BY AIRCRAFT TYPE (2018-2021) (UNITS)
5.10 PORTER'S FIVE FORCES ANALYSIS
TABLE 6 BUSINESS JETS MARKET: PORTER'S FIVE FORCES ANALYSIS
FIGURE 19 BUSINESS JETS MARKET: PORTER'S FIVE FORCES ANALYSIS
5.10.1 THREAT OF NEW ENTRANTS
5.10.2 THREAT OF SUBSTITUTES
5.10.3 BARGAINING POWER OF SUPPLIERS
5.10.4 BARGAINING POWER OF BUYERS
5.10.5 INTENSITY OF COMPETITIVE RIVALRY
5.11 KEY STAKEHOLDERS & BUYING CRITERIA
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 20 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF TOP TWO SOLUTIONS
TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF TOP TWO SOLUTIONS (%)
5.11.2 BUYING CRITERIA
FIGURE 21 KEY BUYING CRITERIA FOR TOP TWO APPLICATIONS
TABLE 8 KEY BUYING CRITERIA FOR TOP TWO APPLICATIONS
5.12 TARIFF AND REGULATORY LANDSCAPE
5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 LATIN AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13 TRADE DATA ANALYSIS
TABLE 14 COUNTRY-WISE IMPORTS, 2020-2021 (USD THOUSAND)
TABLE 15 COUNTRY-WISE EXPORTS, 2020-2021 (USD THOUSAND)
5.14 KEY CONFERENCES & EVENTS IN 2022-2023
TABLE 16 BUSINESS JETS MARKET: CONFERENCES & EVENTS
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 TECHNOLOGY TRENDS
6.2.1 SOPHISTICATED CABIN INTERIORS
6.2.1.1 Cabin lighting
6.2.1.2 IFEC
6.2.1.3 Cabin management systems
6.2.2 AUTONOMOUS BUSINESS AIRCRAFT
6.2.3 ELECTRIC PROPULSION
6.2.3.1 Hybrid-electric propulsion system design
FIGURE 22 HYBRID-ELECTRIC PROPULSION SYSTEM ARCHITECTURE
6.2.3.2 All-electric propulsion system design
FIGURE 23 ALL-ELECTRIC PROPULSION SYSTEM ARCHITECTURE
6.3 SUPPLY CHAIN ANALYSIS
FIGURE 24 SUPPLY CHAIN ANALYSIS
6.4 IMPACT OF MEGATRENDS
6.4.1 IMPLEMENTATION OF SUSTAINABILITY
6.4.2 ALTERNATE POWER SOURCES
6.4.3 ACCELERATION OF URBANIZATION
6.4.4 DIGITALIZATION
6.4.5 SHARING ECONOMIES
6.4.6 ARTIFICIAL INTELLIGENCE
6.5 INNOVATION & PATENT REGISTRATIONS
TABLE 17 INNOVATION & PATENT REGISTRATIONS (2019-2022)
7 BUSINESS JETS MARKET, BY AIRCRAFT TYPE
7.1 INTRODUCTION
FIGURE 25 LIGHT AIRCRAFT PROJECTED TO REGISTER HIGHEST CAGR FROM 2022 TO 2030
TABLE 18 BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 19 BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
7.2 LIGHT
7.2.1 DEMAND FOR INTERCITY TRAVEL DRIVES SEGMENT
7.3 MID-SIZED
7.3.1 AVAILABILITY OF CUSTOMIZED JETS ATTRACTS CLIENTS
7.4 LARGE
7.4.1 DEMAND FOR LUXURY AND LONG-RANGE TRAVEL CONTRIBUTES TO SEGMENT GROWTH
7.5 AIRLINER
7.5.1 DEMAND FOR COMFORT DURING VVIP TRAVEL FUELS SEGMENT
8 BUSINESS JETS MARKET, BY END USE
8.1 INTRODUCTION
FIGURE 26 OPERATORS SEGMENT TO LEAD BUSINESS JETS MARKET BY 2030
TABLE 20 BUSINESS JETS MARKET, BY END USE, 2019–2021 (USD MILLION)
TABLE 21 BUSINESS JETS MARKET, BY END USE, 2022–2030 (USD MILLION)
8.2 PRIVATE USERS
8.2.1 EASE OF TRAVEL INCREASES POPULARITY
8.3 OPERATORS
8.3.1 AVAILABILITY OF VARIETY OF CHARTER SERVICES
9 BUSINESS JETS MARKET, BY POINT OF SALE
9.1 INTRODUCTION
FIGURE 27 OEM SEGMENT TO LEAD MARKET FROM 2022 TO 2030
TABLE 22 BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 23 BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
9.2 OEM
TABLE 24 BUSINESS JETS OEM MARKET, BY PROPULSION TYPE, 2019–2021 (USD MILLION)
TABLE 25 BUSINESS JETS OEM MARKET, BY PROPULSION TYPE, 2022–2030 (USD MILLION)
9.2.1 CONVENTIONAL
9.2.1.1 Easy implementation of conventional engines boosts market growth
9.2.2 HYBRID-ELECTRIC
9.2.2.1 Adoption of aircraft electrification promotes segment
9.3 AFTERMARKET
TABLE 26 BUSINESS JETS AFTERMARKET, BY OPERATION, 2019–2021 (USD MILLION)
TABLE 27 BUSINESS JETS AFTERMARKET, BY OPERATION, 2022–2030 (USD MILLION)
9.3.1 MAINTENANCE, REPAIR, AND OVERHAUL (MRO)
9.3.1.1 Upgrade of existing business jet fleets contributes to segment growth
9.3.2 PARTS REPLACEMENT
9.3.2.1 Long flight hours affect growth of parts replacement segment
10 BUSINESS JETS MARKET, BY RANGE
10.1 INTRODUCTION
FIGURE 28 BUSINESS JETS MARKET, BY RANGE, 2022 & 2030 (USD MILLION)
TABLE 28 BUSINESS JETS MARKET, BY RANGE, 2019–2021 (USD MILLION)
TABLE 29 BUSINESS JETS MARKET, BY RANGE, 2022–2030 (USD MILLION)
10.2 LESS THAN 3,000 NM
10.2.1 TYPICALLY USED FOR SHORT-HAUL TRAVEL
10.3 3,000–5,000 NM
10.3.1 INTERCITY TRAVEL TO BOOST SEGMENT
10.4 MORE THAN 5,000 NM
10.4.1 INCREASE IN LONG-HAUL FLIGHTS FUELS SEGMENT GROWTH
11 BUSINESS JETS MARKET, BY SYSTEM
11.1 INTRODUCTION
FIGURE 29 OEM SYSTEMS TO GROW FASTEST DURING FORECAST PERIOD
TABLE 30 BUSINESS JETS MARKET, BY SYSTEM, 2019–2021 (USD MILLION)
TABLE 31 BUSINESS JETS MARKET, BY SYSTEM, 2022–2030 (USD MILLION)
11.2 OEM SYSTEMS
TABLE 32 BUSINESS JETS MARKET, BY OEM SYSTEM, 2019–2021 (USD MILLION)
TABLE 33 BUSINESS JETS MARKET, BY OEM SYSTEM, 2022–2030 (USD MILLION)
11.2.1 AEROSTRUCTURES
TABLE 34 AEROSTRUCTURES: BUSINESS JETS MARKET, BY SUBSYSTEM, 2019–2021 (USD MILLION)
TABLE 35 AEROSTRUCTURES: BUSINESS JETS MARKET, BY SUBSYSTEM, 2022–2030 (USD MILLION)
11.2.1.1 Fuselage
11.2.1.1.1 High demand for light aircraft components that use molded composites
11.2.1.2 Empennage
11.2.1.2.1 Demand for aircraft configuration-friendly empennage drives market
11.2.1.3 Flight control surfaces
11.2.1.3.1 Introduction of fiber control surfaces boosts segment
11.2.1.4 Wings
11.2.1.4.1 Development of lightweight wings promotes segment
11.2.1.5 Nacelle & pylon
11.2.1.5.1 Advancements in aerospace materials resulting in development of high-strength structures
11.2.1.6 Nose
11.2.1.6.1 Need to enhance aerodynamics of business jets boosts segment
11.2.2 AVIONICS
TABLE 36 AVIONICS: BUSINESS JETS MARKET, BY SUBSYSTEM, 2019–2021 (USD MILLION)
TABLE 37 AVIONICS: BUSINESS JETS MARKET, BY SUBSYSTEM, 2022–2030 (USD MILLION)
11.2.2.1 Flight management systems
11.2.2.1.1 Autonomous guidance for business jets to boost FMS segment
11.2.2.2 Communication systems
11.2.2.2.1 Commercialization of 5G in business aviation likely to drive segment
11.2.2.3 Navigation systems
11.2.2.3.1 Autonomous navigation technology drives segment
11.2.2.4 Software
11.2.2.4.1 Development of analytical software algorithms fuels growth
11.2.3 AIRCRAFT SYSTEMS
TABLE 38 AIRCRAFT SYSTEMS: BUSINESS JETS MARKET, BY SUBSYSTEM, 2019–2021 (USD MILLION)
TABLE 39 AIRCRAFT SYSTEMS: BUSINESS JETS MARKET, BY SUBSYSTEM, 2022–2030 (USD MILLION)
11.2.3.1 Hydraulic systems
11.2.3.1.1 Reliability of hydraulic systems responsible for segment growth
11.2.3.2 Pneumatic systems
11.2.3.2.1 Increasing demand for aircraft valves to drive segment
11.2.3.3 Environmental control systems
11.2.3.3.1 Segment booster – demand for enhanced passenger comfort
11.2.3.4 Emergency systems
11.2.3.4.1 Growing awareness regarding aircraft safety expected to drive demand
11.2.3.5 Electrical systems
11.2.3.5.1 Demand for more electric aircraft presents opportunities
11.2.3.6 Propulsion systems
11.2.3.6.1 Introduction of hybrid propulsion – likely driver
11.2.3.7 Landing systems
11.2.3.7.1 Electrification of landing systems contributes to segment growth
11.2.4 CABIN INTERIORS
TABLE 40 CABIN INTERIORS: BUSINESS JETS MARKET, BY SUBSYSTEM, 2019–2021 (USD MILLION)
TABLE 41 CABIN INTERIORS: BUSINESS JETS MARKET, BY SUBSYSTEM, 2022–2030 (USD MILLION)
11.2.4.1 Seats
11.2.4.1.1 Demand for seats with premium facilities expected to drive segment
11.2.4.2 IFEC
11.2.4.2.1 Implementation of on-board internet connectivity fuels segment
11.2.4.3 Galleys
11.2.4.3.1 Segment driven by availability of customized galley components
11.2.4.4 Panels
11.2.4.4.1 Provide support to internal wires and critical systems
11.2.4.5 Stowage bins
11.2.4.5.1 Demand for extra luggage space expected to boost segment
11.2.4.6 Lavatory
11.2.4.6.1 High-tech lavatories in business jets drive growth
11.2.5 DOORS, WINDOWS, AND WINDSHIELDS
11.3 AFTERMARKET SYSTEMS
TABLE 42 BUSINESS JETS AFTERMARKET, BY SYSTEM, 2019–2021 (USD MILLION)
TABLE 43 BUSINESS JETS AFTERMARKET, BY SYSTEM, 2022–2030 (USD MILLION)
11.3.1 AEROSTRUCTURES
11.3.2 AVIONICS
11.3.2.1 Flight management systems
11.3.2.2 Communication systems
11.3.2.3 Navigation systems
11.3.2.4 Software
11.3.3 AIRCRAFT SYSTEMS
TABLE 44 AIRCRAFT SYSTEMS: BUSINESS JETS AFTERMARKET, BY SUBSYSTEM, 2019–2021 (USD MILLION)
TABLE 45 AIRCRAFT SYSTEMS: BUSINESS JETS AFTERMARKET, BY SUBSYSTEM, 2022–2030 (USD MILLION)
11.3.3.1 Hydraulic systems
11.3.3.2 Pneumatic systems
11.3.3.3 Environmental control systems
11.3.3.4 Emergency systems
11.3.3.5 Electrical systems
11.3.3.6 Propulsion systems
11.3.3.7 Landing systems
11.3.4 CABIN INTERIORS
TABLE 46 CABIN INTERIORS: BUSINESS JETS AFTERMARKET, BY SUBSYSTEM, 2019–2021 (USD MILLION)
TABLE 47 CABIN INTERIORS: BUSINESS JETS MARKET, BY SUBSYSTEM, 2022–2030 (USD MILLION)
11.3.4.1 Seats
11.3.4.2 IFEC
11.3.4.3 Galleys
11.3.4.4 Panels
11.3.4.5 Stowage bins
11.3.4.6 Lavatories
11.3.5 DOORS, WINDOWS, AND WINDSHIELDS
12 BUSINESS JET SERVICES MARKET
12.1 INTRODUCTION
FIGURE 30 MAJOR PLAYERS IN BUSINESS JET SERVICES MARKET
12.2 BUSINESS JET SERVICES MARKET, BY TYPE
12.2.1 CHARTER SERVICES
12.2.1.1 Shared private jet services help optimize charter fleet operations
12.2.2 JET CARD PROGRAMS
12.2.2.1 Debit as you fly programs – popular with frequent flyers
12.2.3 FRACTIONAL OWNERSHIP
12.2.3.1 Offers shared ownership with benefits of charter services
12.3 AIRCRAFT MANAGEMENT SERVICES
12.4 BUSINESS JET SERVICES MARKET, BY LEASE TYPE
12.4.1 WET LEASE
12.4.1.1 Leasing aircraft with all supporting services – Short-term lease
12.4.2 DRY LEASE
12.4.2.1 Leasing aircraft with no additional services – Long-term lease
TABLE 48 AVERAGE DRY LEASING PRICE FOR BUSINESS JETS
13 REGIONAL ANALYSIS
13.1 INTRODUCTION
FIGURE 31 NORTH AMERICA TO HOLD DOMINANT SHARE OF BUSINESS JETS MARKET IN 2022
TABLE 49 BUSINESS JETS MARKET, BY REGION, 2019–2021 (USD MILLION)
TABLE 50 BUSINESS JETS MARKET, BY REGION, 2022–2030 (USD MILLION)
13.2 NORTH AMERICA
13.2.1 PESTLE ANALYSIS: NORTH AMERICA
FIGURE 32 NORTH AMERICA: BUSINESS JETS MARKET SNAPSHOT
TABLE 51 NORTH AMERICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 52 NORTH AMERICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 53 NORTH AMERICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 54 NORTH AMERICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
TABLE 55 NORTH AMERICA: BUSINESS JETS MARKET, BY END USE, 2019–2021 (USD MILLION)
TABLE 56 NORTH AMERICA: BUSINESS JETS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 57 NORTH AMERICA: BUSINESS JETS MARKET, BY COUNTRY, 2019–2021 (USD MILLION)
TABLE 58 NORTH AMERICA: BUSINESS JETS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
13.2.2 US
13.2.2.1 Home to top private jet manufacturers
TABLE 59 US: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 60 US: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 61 US: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 62 US: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.2.3 CANADA
13.2.3.1 High demand for lightweight business jets
TABLE 63 CANADA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 64 CANADA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 65 CANADA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 66 CANADA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3 EUROPE
13.3.1 PESTLE ANALYSIS: EUROPE
FIGURE 33 EUROPE: BUSINESS JETS MARKET SNAPSHOT
TABLE 67 EUROPE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 68 EUROPE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 69 EUROPE: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 70 EUROPE: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
TABLE 71 EUROPE: BUSINESS JETS MARKET, BY END USE, 2019–2021 (USD MILLION)
TABLE 72 EUROPE: BUSINESS JETS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 73 EUROPE: BUSINESS JETS MARKET, BY COUNTRY, 2019–2021 (USD MILLION)
TABLE 74 EUROPE: BUSINESS JETS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
13.3.2 UK
13.3.2.1 Increasing adoption of business jets for domestic air transportation
TABLE 75 UK: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 76 UK: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 77 UK: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 78 UK: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3.3 FRANCE
13.3.3.1 Increasing competition between business jet airliners
TABLE 79 FRANCE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 80 FRANCE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 81 FRANCE: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 82 FRANCE: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3.4 GERMANY
13.3.4.1 Considerable scope for aftermarket growth
TABLE 83 GERMANY: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 84 GERMANY: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 85 GERMANY: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 86 GERMANY: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3.5 SWITZERLAND
13.3.5.1 Rapid developments in business jets architecture
TABLE 87 SWITZERLAND: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 88 SWITZERLAND: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 89 SWITZERLAND: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 90 SWITZERLAND: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3.6 RUSSIA
13.3.6.1 Border conflicts affect market growth
TABLE 91 RUSSIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 92 RUSSIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 93 RUSSIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 94 RUSSIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3.7 ITALY
13.3.7.1 Presence of key MRO service providers
TABLE 95 ITALY: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 96 ITALY: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 97 ITALY: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 98 ITALY: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3.8 SPAIN
13.3.8.1 Growing VVIP air travel in country
TABLE 99 SPAIN: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 100 SPAIN: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 101 SPAIN: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 102 SPAIN: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3.9 REST OF EUROPE
13.3.9.1 Growing focus on timely maintenance of business jets
TABLE 103 REST OF EUROPE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 104 REST OF EUROPE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 105 REST OF EUROPE: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 106 REST OF EUROPE: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.4 ASIA PACIFIC
13.4.1 PESTLE ANALYSIS: ASIA PACIFIC
FIGURE 34 ASIA PACIFIC: BUSINESS JETS MARKET SNAPSHOT
TABLE 107 ASIA PACIFIC: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 108 ASIA PACIFIC: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 109 ASIA PACIFIC: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 110 ASIA PACIFIC: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
TABLE 111 ASIA PACIFIC: BUSINESS JETS MARKET, BY END USE, 2019–2021 (USD MILLION)
TABLE 112 ASIA PACIFIC: BUSINESS JETS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 113 ASIA PACIFIC: BUSINESS JETS MARKET, BY COUNTRY, 2019–2021 (USD MILLION)
TABLE 114 ASIA PACIFIC: BUSINESS JETS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
13.4.2 CHINA
13.4.2.1 Increasing use of and demand for private jets
TABLE 115 CHINA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 116 CHINA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 117 CHINA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 118 CHINA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.4.3 AUSTRALIA
13.4.3.1 Implementation of electric-hybrid air travel
TABLE 119 AUSTRALIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 120 AUSTRALIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 121 AUSTRALIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 122 AUSTRALIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.4.4 SINGAPORE
13.4.4.1 Increasing preference for private travel among passengers
TABLE 123 SINGAPORE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 124 SINGAPORE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 125 SINGAPORE: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 126 SINGAPORE: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.4.5 JAPAN
13.4.5.1 Increasing number of new aircraft orders
TABLE 127 JAPAN: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 128 JAPAN: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 129 JAPAN: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 130 JAPAN: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.4.6 INDIA
13.4.6.1 High demand for business jets from ultra-rich clients
TABLE 131 INDIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 132 INDIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 133 INDIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 134 INDIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.4.7 REST OF ASIA PACIFIC
13.4.7.1 Aging business jet fleets drive market growth
TABLE 135 REST OF ASIA PACIFIC: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 136 REST OF ASIA PACIFIC: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 137 REST OF ASIA PACIFIC: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 138 REST OF ASIA PACIFIC: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.5 MIDDLE EAST
13.5.1 PESTLE ANALYSIS: MIDDLE EAST
FIGURE 35 MIDDLE EAST: BUSINESS JETS MARKET SNAPSHOT
TABLE 139 MIDDLE EAST: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 140 MIDDLE EAST: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 141 MIDDLE EAST: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 142 MIDDLE EAST: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
TABLE 143 MIDDLE EAST: BUSINESS JETS MARKET, BY END USE, 2019–2021 (USD MILLION)
TABLE 144 MIDDLE EAST: BUSINESS JETS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 145 MIDDLE EAST: BUSINESS JETS MARKET, BY COUNTRY, 2019–2021 (USD MILLION)
TABLE 146 MIDDLE EAST: BUSINESS JETS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
13.5.2 UAE
13.5.2.1 Shift in preference from business class to executive jets among millionaires
TABLE 147 UAE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 148 UAE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 149 UAE: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 150 UAE: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.5.3 SAUDI ARABIA
13.5.3.1 Presence of advanced aerospace capabilities
TABLE 151 SAUDI ARABIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 152 SAUDI ARABIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 153 SAUDI ARABIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 154 SAUDI ARABIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.5.4 TURKEY
13.5.4.1 Growth of tourism industry - key driver
TABLE 155 TURKEY: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 156 TURKEY: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 157 TURKEY: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 158 TURKEY: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.5.5 QATAR
13.5.5.1 High prevalence of in-flight business meetings
TABLE 159 QATAR: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 160 QATAR: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 161 QATAR: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 162 QATAR: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.5.6 KUWAIT
13.5.6.1 Availability of variety of executive jets
TABLE 163 KUWAIT: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 164 KUWAIT: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 165 KUWAIT: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 166 KUWAIT: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.5.7 REST OF MIDDLE EAST
13.5.7.1 Demand for long-range business jets
TABLE 167 REST OF MIDDLE EAST: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 168 REST OF MIDDLE EAST: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 169 REST OF MIDDLE EAST: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 170 REST OF MIDDLE EAST: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.6 LATIN AMERICA
13.6.1 PESTLE ANALYSIS: LATIN AMERICA
FIGURE 36 LATIN AMERICA: BUSINESS JETS MARKET SNAPSHOT
TABLE 171 LATIN AMERICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 172 LATIN AMERICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 173 LATIN AMERICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 174 LATIN AMERICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
TABLE 175 LATIN AMERICA: BUSINESS JETS MARKET, BY END USE, 2019–2021 (USD MILLION)
TABLE 176 LATIN AMERICA: BUSINESS JETS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 177 LATIN AMERICA: BUSINESS JETS MARKET, BY COUNTRY, 2019–2021 (USD MILLION)
TABLE 178 REST OF LATIN AMERICA: BUSINESS JETS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
13.6.2 BRAZIL
13.6.2.1 Presence of innovative business jet programs
TABLE 179 BRAZIL BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 180 BRAZIL: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 181 BRAZIL: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 182 BRAZIL: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.6.3 MEXICO
13.6.3.1 Presence of globally recognized charter operators
TABLE 183 MEXICO: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 184 MEXICO: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 185 MEXICO: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 186 MEXICO: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.6.4 REST OF LATIN AMERICA
13.6.4.1 Heavy investments in business aviation infrastructure
TABLE 187 REST OF LATIN AMERICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 188 REST OF LATIN AMERICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 189 REST OF LATIN AMERICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 190 REST OF LATIN AMERICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.7 AFRICA
13.7.1 PESTLE ANALYSIS: AFRICA
FIGURE 37 AFRICA: BUSINESS JETS MARKET SNAPSHOT
TABLE 191 AFRICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 192 AFRICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 193 AFRICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 194 AFRICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
TABLE 195 AFRICA: BUSINESS JETS MARKET, BY END USE, 2019–2021 (USD MILLION)
TABLE 196 AFRICA: BUSINESS JETS MARKET, BY END USE, 2022–2030 (USD MILLION)
14 COMPETITIVE LANDSCAPE
14.1 INTRODUCTION
TABLE 197 KEY DEVELOPMENTS BY LEADING PLAYERS BETWEEN 2019 AND 2022
14.2 REVENUE ANALYSIS OF KEY PLAYERS, 2021
FIGURE 38 REVENUE ANALYSIS OF KEY COMPANIES (2017-2021)
14.3 MARKET SHARE ANALYSIS, 2021
FIGURE 39 BUSINESS JETS: MARKET SHARE ANALYSIS
TABLE 198 BUSINESS JETS MARKET: DEGREE OF COMPETITION
14.4 COMPANY EVALUATION QUADRANT
14.4.1 BUSINESS JETS MARKET: COMPETITIVE LEADERSHIP MAPPING
14.4.1.1 Stars
14.4.1.2 Pervasive players
14.4.1.3 Emerging leaders
14.4.1.4 Participants
FIGURE 40 BUSINESS JETS MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2021
14.4.2 BUSINESS JETS MARKET: COMPETITIVE LEADERSHIP MAPPING (SME)
14.4.2.1 Progressive companies
14.4.2.2 Responsive companies
14.4.2.3 Starting blocks
14.4.2.4 Dynamic companies
FIGURE 41 BUSINESS JETS MARKET (SME): COMPANY LEADERSHIP MAPPING, 2021
TABLE 199 BUSINESS JETS MARKET: KEY START-UPS/SMES
TABLE 200 BUSINESS JETS MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [START-UPS/SMES]
14.4.2.5 COMPETITIVE BENCHMARKING
TABLE 201 COMPANY PRODUCT FOOTPRINT
TABLE 202 COMPANY AIRCRAFT TYPE FOOTPRINT
TABLE 203 COMPANY OFFERING FOOTPRINT
TABLE 204 COMPANY REGION FOOTPRINT
14.5 COMPETITIVE SCENARIO AND TRENDS
14.5.1 PRODUCT LAUNCHES
TABLE 205 BUSINESS JETS MARKET: PRODUCT LAUNCHES, 2019–APRIL 2022
14.5.2 DEALS
TABLE 206 BUSINESS JETS MARKET: DEALS, 2019– APRIL 2022
15 COMPANY PROFILES
15.1 INTRODUCTION
15.2 KEY PLAYERS
(Business overview, Products offered, Recent Developments, MNM view)*
15.2.1 TEXTRON INC.
TABLE 207 TEXTRON INC.: BUSINESS OVERVIEW
FIGURE 42 TEXTRON INC.: COMPANY SNAPSHOT
TABLE 208 TEXTRON INC.: PRODUCTS OFFERED
TABLE 209 TEXTRON INC.: PRODUCT LAUNCHES
TABLE 210 TEXTRON INC.: DEALS
15.2.2 EMBRAER SA
TABLE 211 EMBRAER SA: BUSINESS OVERVIEW
FIGURE 43 EMBRAER SA: COMPANY SNAPSHOT
TABLE 212 EMBRAER SA: PRODUCTS OFFERED
TABLE 213 EMBRAER SA: PRODUCT LAUNCHES
TABLE 214 EMBRAER SA: DEALS
15.2.3 GULFSTREAM AEROSPACE
TABLE 215 GULFSTREAM AEROSPACE: BUSINESS OVERVIEW
TABLE 216 GULFSTREAM AEROSPACE: PRODUCTS OFFERED
TABLE 217 GULFSTREAM AEROSPACE: PRODUCT LAUNCHES
TABLE 218 GULFSTREAM AEROSPACE: DEALS
15.2.4 BOMBARDIER, INC.
TABLE 219 BOMBARDIER, INC.: BUSINESS OVERVIEW
FIGURE 44 BOMBARDIER, INC.: COMPANY SNAPSHOT
TABLE 220 BOMBARDIER, INC.: PRODUCTS OFFERED
TABLE 221 BOMBARDIER, INC.: PRODUCT LAUNCHES
TABLE 222 BOMBARDIER, INC.: DEALS
15.2.5 DASSAULT AVIATION
TABLE 223 DASSAULT AVIATION: BUSINESS OVERVIEW
FIGURE 45 DASSAULT AVIATION: COMPANY SNAPSHOT
TABLE 224 DASSAULT AVIATION: PRODUCTS OFFERED
TABLE 225 DASSAULT AVIATION: PRODUCT LAUNCHES
TABLE 226 DASSAULT AVIATION: DEALS
15.2.6 BOEING
TABLE 227 BOEING: BUSINESS OVERVIEW
FIGURE 46 BOEING: COMPANY SNAPSHOT
TABLE 228 BOEING: PRODUCTS OFFERED
TABLE 229 BOEING: DEALS
15.2.7 AIRBUS
TABLE 230 AIRBUS: BUSINESS OVERVIEW
FIGURE 47 AIRBUS: COMPANY SNAPSHOT
TABLE 231 AIRBUS: PRODUCTS OFFERED
TABLE 232 AIRBUS: PRODUCT LAUNCHES
TABLE 233 AIRBUS: DEALS
15.2.8 PILATUS AIRCRAFT
TABLE 234 PILATUS AIRCRAFT: BUSINESS OVERVIEW
TABLE 235 PILATUS AIRCRAFT: PRODUCTS OFFERED
TABLE 236 PILATUS AIRCRAFT: DEALS
15.2.9 HONDA AIRCRAFT COMPANY
TABLE 237 HONDA AIRCRAFT COMPANY: BUSINESS OVERVIEW
TABLE 238 HONDA AIRCRAFT COMPANY: PRODUCT LAUNCHES
15.2.10 SYBERJET AIRCRAFT
TABLE 239 SYBERJET AIRCRAFT: BUSINESS OVERVIEW
15.2.11 PIPER AIRCRAFT
TABLE 240 PIPER AIRCRAFT: BUSINESS OVERVIEW
15.2.12 CIRRUS AIRCRAFT
TABLE 241 CIRRUS AIRCRAFT: BUSINESS OVERVIEW
15.2.13 VERTICAL AEROSPACE
TABLE 242 VERTICAL AEROSPACE: BUSINESS OVERVIEW
15.2.14 ONE AVIATION CORPORATION
TABLE 243 ONE AVIATION CORPORATION: BUSINESS OVERVIEW
16 OTHER PLAYERS
16.1 VOLOCOPTER GMBH
TABLE 244 VOLOCOPTER GMBH: COMPANY OVERVIEW
16.2 EVIATION AIRCRAFT
TABLE 245 EVIATION AIRCRAFT: COMPANY OVERVIEW
16.3 ZUNUM AERO
TABLE 246 ZUNUM AERO: COMPANY OVERVIEW
16.4 LILIUM GMBH
TABLE 247 LILIUM GMBH: COMPANY OVERVIEW
16.5 JOBY AVIATION
TABLE 248 JOBY AVIATION: COMPANY OVERVIEW
16.6 KAREM AIRCRAFT, INC.
TABLE 249 KAREM AIRCRAFT, INC.: COMPANY OVERVIEW
16.7 LIFT
TABLE 250 LIFT: COMPANY OVERVIEW
16.8 XTI AIRCRAFT
TABLE 251 XTI AIRCRAFT: COMPANY OVERVIEW
16.9 SAMAD AEROSPACE
TABLE 252 SAMAD AEROSPACE: COMPANY OVERVIEW
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
17 APPENDIX
17.1 DISCUSSION GUIDE
17.1.1 BUSINESS JETS MARKET (2022–2030)
17.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
17.3 AVAILABLE CUSTOMIZATIONS
17.4 RELATED REPORTS
17.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
1.3 STUDY SCOPE
1.3.1 BUSINESS JETS MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.4.1 USD EXCHANGE RATES
1.5 INCLUSIONS & EXCLUSIONS
TABLE 1 BUSINESS JETS MARKET: INCLUSIONS & EXCLUSIONS
1.6 LIMITATIONS
1.7 MARKET STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 RESEARCH FLOW
FIGURE 2 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary sources
2.1.2.2 Breakdown of primaries: By company type, designation, and region
2.2 FACTOR ANALYSIS
2.2.1 INTRODUCTION
2.2.2 DEMAND-SIDE INDICATORS
2.2.3 SUPPLY-SIDE INDICATORS
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 3 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 4 MARKET SIZE ESTIMATION: TOP-DOWN
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 5 DATA TRIANGULATION METHODOLOGY
2.5 ASSUMPTIONS
2.6 RISK ANALYSIS
3 EXECUTIVE SUMMARY
FIGURE 6 LIGHT AIRCRAFT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 7 OPERATORS SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD
FIGURE 8 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF BUSINESS JETS MARKET
4 PREMIUM INSIGHTS
4.1 BUSINESS JETS MARKET, 2022–2030
FIGURE 9 INCREASING DEMAND FOR IMPROVED PASSENGER EXPERIENCE DRIVES BUSINESS JETS MARKET
4.2 BUSINESS JETS MARKET, BY AIRCRAFT TYPE
FIGURE 10 LARGE AIRCRAFT SEGMENT TO DOMINATE IN 2022
4.3 BUSINESS JETS MARKET, BY END USE
FIGURE 11 OPERATORS SEGMENT EXPECTED TO LEAD DURING FORECAST PERIOD
4.4 BUSINESS JETS MARKET, BY COUNTRY
FIGURE 12 INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 13 BUSINESS JETS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Demand for improved passenger experience
5.2.1.2 Replacement of old aircraft fleets
5.2.1.3 Increase in number of high-net-worth individuals
5.2.2 RESTRAINTS
5.2.2.1 Complex product certification procedure
5.2.2.2 Uncertainty of orders
5.2.3 OPPORTUNITIES
5.2.3.1 Emergence of e-VTOL aircraft
5.2.3.2 Advent of hybrid-electric aircraft propulsion technology
5.2.3.3 Entry of new business jet OEMs
5.2.3.4 High demand for private jets and chartered airplanes
5.2.4 CHALLENGES
5.2.4.1 Unavailability of infrastructure in developing countries
5.2.4.2 High jet fuel prices
FIGURE 14 JET FUEL PRICE TREND (JUNE 2021 TO JUNE 2022)
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS
FIGURE 15 REVENUE SHIFT IN BUSINESS JETS MARKET
5.4 BUSINESS JETS MARKET ECOSYSTEM
5.4.1 PROMINENT COMPANIES
5.4.2 START-UPS AND SMALL ENTERPRISES
5.4.3 END USERS
5.4.4 AFTERMARKET
FIGURE 16 BUSINESS JETS MARKET ECOSYSTEM MAP
TABLE 2 BUSINESS JETS MARKET ECOSYSTEM
5.5 TECHNOLOGY ANALYSIS
5.5.1 ON-BOARD JET WAVE TECHNOLOGY
5.5.2 URBAN AIR MOBILITY
5.6 USE CASE ANALYSIS
5.6.1 USE CASE: JET-SHARE CO. MANAGES OPERATIONS IN TIME-SHARED BUSINESS JETS
TABLE 3 TIME-SHARED BUSINESS JETS
5.6.2 USE CASE: JET SHARING DUE TO PROBLEMS WITH AVAILABILITY OF COMMERCIAL AIRLINES
TABLE 4 PROBLEMS ASSOCIATED WITH COMMERCIAL AIRPLANES
5.6.3 USE CASE: PEGASUS UNIVERSAL AEROSPACE CARRIES OUT FIRST VTOL BUSINESS JET OUTING AT EBACE
5.7 VALUE CHAIN ANALYSIS
FIGURE 17 VALUE CHAIN ANALYSIS
5.8 AVERAGE SELLING PRICE ANALYSIS
FIGURE 18 SELLING PRICE
5.9 VOLUME DATA
TABLE 5 BUSINESS JETS MARKET, BY AIRCRAFT TYPE (2018-2021) (UNITS)
5.10 PORTER'S FIVE FORCES ANALYSIS
TABLE 6 BUSINESS JETS MARKET: PORTER'S FIVE FORCES ANALYSIS
FIGURE 19 BUSINESS JETS MARKET: PORTER'S FIVE FORCES ANALYSIS
5.10.1 THREAT OF NEW ENTRANTS
5.10.2 THREAT OF SUBSTITUTES
5.10.3 BARGAINING POWER OF SUPPLIERS
5.10.4 BARGAINING POWER OF BUYERS
5.10.5 INTENSITY OF COMPETITIVE RIVALRY
5.11 KEY STAKEHOLDERS & BUYING CRITERIA
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 20 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF TOP TWO SOLUTIONS
TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF TOP TWO SOLUTIONS (%)
5.11.2 BUYING CRITERIA
FIGURE 21 KEY BUYING CRITERIA FOR TOP TWO APPLICATIONS
TABLE 8 KEY BUYING CRITERIA FOR TOP TWO APPLICATIONS
5.12 TARIFF AND REGULATORY LANDSCAPE
5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 LATIN AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13 TRADE DATA ANALYSIS
TABLE 14 COUNTRY-WISE IMPORTS, 2020-2021 (USD THOUSAND)
TABLE 15 COUNTRY-WISE EXPORTS, 2020-2021 (USD THOUSAND)
5.14 KEY CONFERENCES & EVENTS IN 2022-2023
TABLE 16 BUSINESS JETS MARKET: CONFERENCES & EVENTS
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 TECHNOLOGY TRENDS
6.2.1 SOPHISTICATED CABIN INTERIORS
6.2.1.1 Cabin lighting
6.2.1.2 IFEC
6.2.1.3 Cabin management systems
6.2.2 AUTONOMOUS BUSINESS AIRCRAFT
6.2.3 ELECTRIC PROPULSION
6.2.3.1 Hybrid-electric propulsion system design
FIGURE 22 HYBRID-ELECTRIC PROPULSION SYSTEM ARCHITECTURE
6.2.3.2 All-electric propulsion system design
FIGURE 23 ALL-ELECTRIC PROPULSION SYSTEM ARCHITECTURE
6.3 SUPPLY CHAIN ANALYSIS
FIGURE 24 SUPPLY CHAIN ANALYSIS
6.4 IMPACT OF MEGATRENDS
6.4.1 IMPLEMENTATION OF SUSTAINABILITY
6.4.2 ALTERNATE POWER SOURCES
6.4.3 ACCELERATION OF URBANIZATION
6.4.4 DIGITALIZATION
6.4.5 SHARING ECONOMIES
6.4.6 ARTIFICIAL INTELLIGENCE
6.5 INNOVATION & PATENT REGISTRATIONS
TABLE 17 INNOVATION & PATENT REGISTRATIONS (2019-2022)
7 BUSINESS JETS MARKET, BY AIRCRAFT TYPE
7.1 INTRODUCTION
FIGURE 25 LIGHT AIRCRAFT PROJECTED TO REGISTER HIGHEST CAGR FROM 2022 TO 2030
TABLE 18 BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 19 BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
7.2 LIGHT
7.2.1 DEMAND FOR INTERCITY TRAVEL DRIVES SEGMENT
7.3 MID-SIZED
7.3.1 AVAILABILITY OF CUSTOMIZED JETS ATTRACTS CLIENTS
7.4 LARGE
7.4.1 DEMAND FOR LUXURY AND LONG-RANGE TRAVEL CONTRIBUTES TO SEGMENT GROWTH
7.5 AIRLINER
7.5.1 DEMAND FOR COMFORT DURING VVIP TRAVEL FUELS SEGMENT
8 BUSINESS JETS MARKET, BY END USE
8.1 INTRODUCTION
FIGURE 26 OPERATORS SEGMENT TO LEAD BUSINESS JETS MARKET BY 2030
TABLE 20 BUSINESS JETS MARKET, BY END USE, 2019–2021 (USD MILLION)
TABLE 21 BUSINESS JETS MARKET, BY END USE, 2022–2030 (USD MILLION)
8.2 PRIVATE USERS
8.2.1 EASE OF TRAVEL INCREASES POPULARITY
8.3 OPERATORS
8.3.1 AVAILABILITY OF VARIETY OF CHARTER SERVICES
9 BUSINESS JETS MARKET, BY POINT OF SALE
9.1 INTRODUCTION
FIGURE 27 OEM SEGMENT TO LEAD MARKET FROM 2022 TO 2030
TABLE 22 BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 23 BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
9.2 OEM
TABLE 24 BUSINESS JETS OEM MARKET, BY PROPULSION TYPE, 2019–2021 (USD MILLION)
TABLE 25 BUSINESS JETS OEM MARKET, BY PROPULSION TYPE, 2022–2030 (USD MILLION)
9.2.1 CONVENTIONAL
9.2.1.1 Easy implementation of conventional engines boosts market growth
9.2.2 HYBRID-ELECTRIC
9.2.2.1 Adoption of aircraft electrification promotes segment
9.3 AFTERMARKET
TABLE 26 BUSINESS JETS AFTERMARKET, BY OPERATION, 2019–2021 (USD MILLION)
TABLE 27 BUSINESS JETS AFTERMARKET, BY OPERATION, 2022–2030 (USD MILLION)
9.3.1 MAINTENANCE, REPAIR, AND OVERHAUL (MRO)
9.3.1.1 Upgrade of existing business jet fleets contributes to segment growth
9.3.2 PARTS REPLACEMENT
9.3.2.1 Long flight hours affect growth of parts replacement segment
10 BUSINESS JETS MARKET, BY RANGE
10.1 INTRODUCTION
FIGURE 28 BUSINESS JETS MARKET, BY RANGE, 2022 & 2030 (USD MILLION)
TABLE 28 BUSINESS JETS MARKET, BY RANGE, 2019–2021 (USD MILLION)
TABLE 29 BUSINESS JETS MARKET, BY RANGE, 2022–2030 (USD MILLION)
10.2 LESS THAN 3,000 NM
10.2.1 TYPICALLY USED FOR SHORT-HAUL TRAVEL
10.3 3,000–5,000 NM
10.3.1 INTERCITY TRAVEL TO BOOST SEGMENT
10.4 MORE THAN 5,000 NM
10.4.1 INCREASE IN LONG-HAUL FLIGHTS FUELS SEGMENT GROWTH
11 BUSINESS JETS MARKET, BY SYSTEM
11.1 INTRODUCTION
FIGURE 29 OEM SYSTEMS TO GROW FASTEST DURING FORECAST PERIOD
TABLE 30 BUSINESS JETS MARKET, BY SYSTEM, 2019–2021 (USD MILLION)
TABLE 31 BUSINESS JETS MARKET, BY SYSTEM, 2022–2030 (USD MILLION)
11.2 OEM SYSTEMS
TABLE 32 BUSINESS JETS MARKET, BY OEM SYSTEM, 2019–2021 (USD MILLION)
TABLE 33 BUSINESS JETS MARKET, BY OEM SYSTEM, 2022–2030 (USD MILLION)
11.2.1 AEROSTRUCTURES
TABLE 34 AEROSTRUCTURES: BUSINESS JETS MARKET, BY SUBSYSTEM, 2019–2021 (USD MILLION)
TABLE 35 AEROSTRUCTURES: BUSINESS JETS MARKET, BY SUBSYSTEM, 2022–2030 (USD MILLION)
11.2.1.1 Fuselage
11.2.1.1.1 High demand for light aircraft components that use molded composites
11.2.1.2 Empennage
11.2.1.2.1 Demand for aircraft configuration-friendly empennage drives market
11.2.1.3 Flight control surfaces
11.2.1.3.1 Introduction of fiber control surfaces boosts segment
11.2.1.4 Wings
11.2.1.4.1 Development of lightweight wings promotes segment
11.2.1.5 Nacelle & pylon
11.2.1.5.1 Advancements in aerospace materials resulting in development of high-strength structures
11.2.1.6 Nose
11.2.1.6.1 Need to enhance aerodynamics of business jets boosts segment
11.2.2 AVIONICS
TABLE 36 AVIONICS: BUSINESS JETS MARKET, BY SUBSYSTEM, 2019–2021 (USD MILLION)
TABLE 37 AVIONICS: BUSINESS JETS MARKET, BY SUBSYSTEM, 2022–2030 (USD MILLION)
11.2.2.1 Flight management systems
11.2.2.1.1 Autonomous guidance for business jets to boost FMS segment
11.2.2.2 Communication systems
11.2.2.2.1 Commercialization of 5G in business aviation likely to drive segment
11.2.2.3 Navigation systems
11.2.2.3.1 Autonomous navigation technology drives segment
11.2.2.4 Software
11.2.2.4.1 Development of analytical software algorithms fuels growth
11.2.3 AIRCRAFT SYSTEMS
TABLE 38 AIRCRAFT SYSTEMS: BUSINESS JETS MARKET, BY SUBSYSTEM, 2019–2021 (USD MILLION)
TABLE 39 AIRCRAFT SYSTEMS: BUSINESS JETS MARKET, BY SUBSYSTEM, 2022–2030 (USD MILLION)
11.2.3.1 Hydraulic systems
11.2.3.1.1 Reliability of hydraulic systems responsible for segment growth
11.2.3.2 Pneumatic systems
11.2.3.2.1 Increasing demand for aircraft valves to drive segment
11.2.3.3 Environmental control systems
11.2.3.3.1 Segment booster – demand for enhanced passenger comfort
11.2.3.4 Emergency systems
11.2.3.4.1 Growing awareness regarding aircraft safety expected to drive demand
11.2.3.5 Electrical systems
11.2.3.5.1 Demand for more electric aircraft presents opportunities
11.2.3.6 Propulsion systems
11.2.3.6.1 Introduction of hybrid propulsion – likely driver
11.2.3.7 Landing systems
11.2.3.7.1 Electrification of landing systems contributes to segment growth
11.2.4 CABIN INTERIORS
TABLE 40 CABIN INTERIORS: BUSINESS JETS MARKET, BY SUBSYSTEM, 2019–2021 (USD MILLION)
TABLE 41 CABIN INTERIORS: BUSINESS JETS MARKET, BY SUBSYSTEM, 2022–2030 (USD MILLION)
11.2.4.1 Seats
11.2.4.1.1 Demand for seats with premium facilities expected to drive segment
11.2.4.2 IFEC
11.2.4.2.1 Implementation of on-board internet connectivity fuels segment
11.2.4.3 Galleys
11.2.4.3.1 Segment driven by availability of customized galley components
11.2.4.4 Panels
11.2.4.4.1 Provide support to internal wires and critical systems
11.2.4.5 Stowage bins
11.2.4.5.1 Demand for extra luggage space expected to boost segment
11.2.4.6 Lavatory
11.2.4.6.1 High-tech lavatories in business jets drive growth
11.2.5 DOORS, WINDOWS, AND WINDSHIELDS
11.3 AFTERMARKET SYSTEMS
TABLE 42 BUSINESS JETS AFTERMARKET, BY SYSTEM, 2019–2021 (USD MILLION)
TABLE 43 BUSINESS JETS AFTERMARKET, BY SYSTEM, 2022–2030 (USD MILLION)
11.3.1 AEROSTRUCTURES
11.3.2 AVIONICS
11.3.2.1 Flight management systems
11.3.2.2 Communication systems
11.3.2.3 Navigation systems
11.3.2.4 Software
11.3.3 AIRCRAFT SYSTEMS
TABLE 44 AIRCRAFT SYSTEMS: BUSINESS JETS AFTERMARKET, BY SUBSYSTEM, 2019–2021 (USD MILLION)
TABLE 45 AIRCRAFT SYSTEMS: BUSINESS JETS AFTERMARKET, BY SUBSYSTEM, 2022–2030 (USD MILLION)
11.3.3.1 Hydraulic systems
11.3.3.2 Pneumatic systems
11.3.3.3 Environmental control systems
11.3.3.4 Emergency systems
11.3.3.5 Electrical systems
11.3.3.6 Propulsion systems
11.3.3.7 Landing systems
11.3.4 CABIN INTERIORS
TABLE 46 CABIN INTERIORS: BUSINESS JETS AFTERMARKET, BY SUBSYSTEM, 2019–2021 (USD MILLION)
TABLE 47 CABIN INTERIORS: BUSINESS JETS MARKET, BY SUBSYSTEM, 2022–2030 (USD MILLION)
11.3.4.1 Seats
11.3.4.2 IFEC
11.3.4.3 Galleys
11.3.4.4 Panels
11.3.4.5 Stowage bins
11.3.4.6 Lavatories
11.3.5 DOORS, WINDOWS, AND WINDSHIELDS
12 BUSINESS JET SERVICES MARKET
12.1 INTRODUCTION
FIGURE 30 MAJOR PLAYERS IN BUSINESS JET SERVICES MARKET
12.2 BUSINESS JET SERVICES MARKET, BY TYPE
12.2.1 CHARTER SERVICES
12.2.1.1 Shared private jet services help optimize charter fleet operations
12.2.2 JET CARD PROGRAMS
12.2.2.1 Debit as you fly programs – popular with frequent flyers
12.2.3 FRACTIONAL OWNERSHIP
12.2.3.1 Offers shared ownership with benefits of charter services
12.3 AIRCRAFT MANAGEMENT SERVICES
12.4 BUSINESS JET SERVICES MARKET, BY LEASE TYPE
12.4.1 WET LEASE
12.4.1.1 Leasing aircraft with all supporting services – Short-term lease
12.4.2 DRY LEASE
12.4.2.1 Leasing aircraft with no additional services – Long-term lease
TABLE 48 AVERAGE DRY LEASING PRICE FOR BUSINESS JETS
13 REGIONAL ANALYSIS
13.1 INTRODUCTION
FIGURE 31 NORTH AMERICA TO HOLD DOMINANT SHARE OF BUSINESS JETS MARKET IN 2022
TABLE 49 BUSINESS JETS MARKET, BY REGION, 2019–2021 (USD MILLION)
TABLE 50 BUSINESS JETS MARKET, BY REGION, 2022–2030 (USD MILLION)
13.2 NORTH AMERICA
13.2.1 PESTLE ANALYSIS: NORTH AMERICA
FIGURE 32 NORTH AMERICA: BUSINESS JETS MARKET SNAPSHOT
TABLE 51 NORTH AMERICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 52 NORTH AMERICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 53 NORTH AMERICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 54 NORTH AMERICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
TABLE 55 NORTH AMERICA: BUSINESS JETS MARKET, BY END USE, 2019–2021 (USD MILLION)
TABLE 56 NORTH AMERICA: BUSINESS JETS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 57 NORTH AMERICA: BUSINESS JETS MARKET, BY COUNTRY, 2019–2021 (USD MILLION)
TABLE 58 NORTH AMERICA: BUSINESS JETS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
13.2.2 US
13.2.2.1 Home to top private jet manufacturers
TABLE 59 US: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 60 US: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 61 US: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 62 US: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.2.3 CANADA
13.2.3.1 High demand for lightweight business jets
TABLE 63 CANADA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 64 CANADA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 65 CANADA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 66 CANADA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3 EUROPE
13.3.1 PESTLE ANALYSIS: EUROPE
FIGURE 33 EUROPE: BUSINESS JETS MARKET SNAPSHOT
TABLE 67 EUROPE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 68 EUROPE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 69 EUROPE: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 70 EUROPE: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
TABLE 71 EUROPE: BUSINESS JETS MARKET, BY END USE, 2019–2021 (USD MILLION)
TABLE 72 EUROPE: BUSINESS JETS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 73 EUROPE: BUSINESS JETS MARKET, BY COUNTRY, 2019–2021 (USD MILLION)
TABLE 74 EUROPE: BUSINESS JETS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
13.3.2 UK
13.3.2.1 Increasing adoption of business jets for domestic air transportation
TABLE 75 UK: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 76 UK: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 77 UK: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 78 UK: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3.3 FRANCE
13.3.3.1 Increasing competition between business jet airliners
TABLE 79 FRANCE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 80 FRANCE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 81 FRANCE: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 82 FRANCE: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3.4 GERMANY
13.3.4.1 Considerable scope for aftermarket growth
TABLE 83 GERMANY: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 84 GERMANY: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 85 GERMANY: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 86 GERMANY: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3.5 SWITZERLAND
13.3.5.1 Rapid developments in business jets architecture
TABLE 87 SWITZERLAND: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 88 SWITZERLAND: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 89 SWITZERLAND: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 90 SWITZERLAND: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3.6 RUSSIA
13.3.6.1 Border conflicts affect market growth
TABLE 91 RUSSIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 92 RUSSIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 93 RUSSIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 94 RUSSIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3.7 ITALY
13.3.7.1 Presence of key MRO service providers
TABLE 95 ITALY: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 96 ITALY: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 97 ITALY: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 98 ITALY: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3.8 SPAIN
13.3.8.1 Growing VVIP air travel in country
TABLE 99 SPAIN: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 100 SPAIN: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 101 SPAIN: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 102 SPAIN: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.3.9 REST OF EUROPE
13.3.9.1 Growing focus on timely maintenance of business jets
TABLE 103 REST OF EUROPE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 104 REST OF EUROPE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 105 REST OF EUROPE: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 106 REST OF EUROPE: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.4 ASIA PACIFIC
13.4.1 PESTLE ANALYSIS: ASIA PACIFIC
FIGURE 34 ASIA PACIFIC: BUSINESS JETS MARKET SNAPSHOT
TABLE 107 ASIA PACIFIC: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 108 ASIA PACIFIC: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 109 ASIA PACIFIC: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 110 ASIA PACIFIC: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
TABLE 111 ASIA PACIFIC: BUSINESS JETS MARKET, BY END USE, 2019–2021 (USD MILLION)
TABLE 112 ASIA PACIFIC: BUSINESS JETS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 113 ASIA PACIFIC: BUSINESS JETS MARKET, BY COUNTRY, 2019–2021 (USD MILLION)
TABLE 114 ASIA PACIFIC: BUSINESS JETS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
13.4.2 CHINA
13.4.2.1 Increasing use of and demand for private jets
TABLE 115 CHINA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 116 CHINA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 117 CHINA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 118 CHINA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.4.3 AUSTRALIA
13.4.3.1 Implementation of electric-hybrid air travel
TABLE 119 AUSTRALIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 120 AUSTRALIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 121 AUSTRALIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 122 AUSTRALIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.4.4 SINGAPORE
13.4.4.1 Increasing preference for private travel among passengers
TABLE 123 SINGAPORE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 124 SINGAPORE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 125 SINGAPORE: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 126 SINGAPORE: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.4.5 JAPAN
13.4.5.1 Increasing number of new aircraft orders
TABLE 127 JAPAN: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 128 JAPAN: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 129 JAPAN: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 130 JAPAN: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.4.6 INDIA
13.4.6.1 High demand for business jets from ultra-rich clients
TABLE 131 INDIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 132 INDIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 133 INDIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 134 INDIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.4.7 REST OF ASIA PACIFIC
13.4.7.1 Aging business jet fleets drive market growth
TABLE 135 REST OF ASIA PACIFIC: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 136 REST OF ASIA PACIFIC: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 137 REST OF ASIA PACIFIC: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 138 REST OF ASIA PACIFIC: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.5 MIDDLE EAST
13.5.1 PESTLE ANALYSIS: MIDDLE EAST
FIGURE 35 MIDDLE EAST: BUSINESS JETS MARKET SNAPSHOT
TABLE 139 MIDDLE EAST: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 140 MIDDLE EAST: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 141 MIDDLE EAST: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 142 MIDDLE EAST: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
TABLE 143 MIDDLE EAST: BUSINESS JETS MARKET, BY END USE, 2019–2021 (USD MILLION)
TABLE 144 MIDDLE EAST: BUSINESS JETS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 145 MIDDLE EAST: BUSINESS JETS MARKET, BY COUNTRY, 2019–2021 (USD MILLION)
TABLE 146 MIDDLE EAST: BUSINESS JETS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
13.5.2 UAE
13.5.2.1 Shift in preference from business class to executive jets among millionaires
TABLE 147 UAE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 148 UAE: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 149 UAE: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 150 UAE: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.5.3 SAUDI ARABIA
13.5.3.1 Presence of advanced aerospace capabilities
TABLE 151 SAUDI ARABIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 152 SAUDI ARABIA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 153 SAUDI ARABIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 154 SAUDI ARABIA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.5.4 TURKEY
13.5.4.1 Growth of tourism industry - key driver
TABLE 155 TURKEY: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 156 TURKEY: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 157 TURKEY: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 158 TURKEY: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.5.5 QATAR
13.5.5.1 High prevalence of in-flight business meetings
TABLE 159 QATAR: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 160 QATAR: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 161 QATAR: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 162 QATAR: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.5.6 KUWAIT
13.5.6.1 Availability of variety of executive jets
TABLE 163 KUWAIT: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 164 KUWAIT: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 165 KUWAIT: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 166 KUWAIT: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.5.7 REST OF MIDDLE EAST
13.5.7.1 Demand for long-range business jets
TABLE 167 REST OF MIDDLE EAST: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 168 REST OF MIDDLE EAST: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 169 REST OF MIDDLE EAST: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 170 REST OF MIDDLE EAST: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.6 LATIN AMERICA
13.6.1 PESTLE ANALYSIS: LATIN AMERICA
FIGURE 36 LATIN AMERICA: BUSINESS JETS MARKET SNAPSHOT
TABLE 171 LATIN AMERICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 172 LATIN AMERICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 173 LATIN AMERICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 174 LATIN AMERICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
TABLE 175 LATIN AMERICA: BUSINESS JETS MARKET, BY END USE, 2019–2021 (USD MILLION)
TABLE 176 LATIN AMERICA: BUSINESS JETS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 177 LATIN AMERICA: BUSINESS JETS MARKET, BY COUNTRY, 2019–2021 (USD MILLION)
TABLE 178 REST OF LATIN AMERICA: BUSINESS JETS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
13.6.2 BRAZIL
13.6.2.1 Presence of innovative business jet programs
TABLE 179 BRAZIL BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 180 BRAZIL: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 181 BRAZIL: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 182 BRAZIL: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.6.3 MEXICO
13.6.3.1 Presence of globally recognized charter operators
TABLE 183 MEXICO: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 184 MEXICO: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 185 MEXICO: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 186 MEXICO: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.6.4 REST OF LATIN AMERICA
13.6.4.1 Heavy investments in business aviation infrastructure
TABLE 187 REST OF LATIN AMERICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 188 REST OF LATIN AMERICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 189 REST OF LATIN AMERICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 190 REST OF LATIN AMERICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
13.7 AFRICA
13.7.1 PESTLE ANALYSIS: AFRICA
FIGURE 37 AFRICA: BUSINESS JETS MARKET SNAPSHOT
TABLE 191 AFRICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2019–2021 (USD MILLION)
TABLE 192 AFRICA: BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)
TABLE 193 AFRICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2019–2021 (USD MILLION)
TABLE 194 AFRICA: BUSINESS JETS MARKET, BY POINT OF SALE, 2022–2030 (USD MILLION)
TABLE 195 AFRICA: BUSINESS JETS MARKET, BY END USE, 2019–2021 (USD MILLION)
TABLE 196 AFRICA: BUSINESS JETS MARKET, BY END USE, 2022–2030 (USD MILLION)
14 COMPETITIVE LANDSCAPE
14.1 INTRODUCTION
TABLE 197 KEY DEVELOPMENTS BY LEADING PLAYERS BETWEEN 2019 AND 2022
14.2 REVENUE ANALYSIS OF KEY PLAYERS, 2021
FIGURE 38 REVENUE ANALYSIS OF KEY COMPANIES (2017-2021)
14.3 MARKET SHARE ANALYSIS, 2021
FIGURE 39 BUSINESS JETS: MARKET SHARE ANALYSIS
TABLE 198 BUSINESS JETS MARKET: DEGREE OF COMPETITION
14.4 COMPANY EVALUATION QUADRANT
14.4.1 BUSINESS JETS MARKET: COMPETITIVE LEADERSHIP MAPPING
14.4.1.1 Stars
14.4.1.2 Pervasive players
14.4.1.3 Emerging leaders
14.4.1.4 Participants
FIGURE 40 BUSINESS JETS MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2021
14.4.2 BUSINESS JETS MARKET: COMPETITIVE LEADERSHIP MAPPING (SME)
14.4.2.1 Progressive companies
14.4.2.2 Responsive companies
14.4.2.3 Starting blocks
14.4.2.4 Dynamic companies
FIGURE 41 BUSINESS JETS MARKET (SME): COMPANY LEADERSHIP MAPPING, 2021
TABLE 199 BUSINESS JETS MARKET: KEY START-UPS/SMES
TABLE 200 BUSINESS JETS MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [START-UPS/SMES]
14.4.2.5 COMPETITIVE BENCHMARKING
TABLE 201 COMPANY PRODUCT FOOTPRINT
TABLE 202 COMPANY AIRCRAFT TYPE FOOTPRINT
TABLE 203 COMPANY OFFERING FOOTPRINT
TABLE 204 COMPANY REGION FOOTPRINT
14.5 COMPETITIVE SCENARIO AND TRENDS
14.5.1 PRODUCT LAUNCHES
TABLE 205 BUSINESS JETS MARKET: PRODUCT LAUNCHES, 2019–APRIL 2022
14.5.2 DEALS
TABLE 206 BUSINESS JETS MARKET: DEALS, 2019– APRIL 2022
15 COMPANY PROFILES
15.1 INTRODUCTION
15.2 KEY PLAYERS
(Business overview, Products offered, Recent Developments, MNM view)*
15.2.1 TEXTRON INC.
TABLE 207 TEXTRON INC.: BUSINESS OVERVIEW
FIGURE 42 TEXTRON INC.: COMPANY SNAPSHOT
TABLE 208 TEXTRON INC.: PRODUCTS OFFERED
TABLE 209 TEXTRON INC.: PRODUCT LAUNCHES
TABLE 210 TEXTRON INC.: DEALS
15.2.2 EMBRAER SA
TABLE 211 EMBRAER SA: BUSINESS OVERVIEW
FIGURE 43 EMBRAER SA: COMPANY SNAPSHOT
TABLE 212 EMBRAER SA: PRODUCTS OFFERED
TABLE 213 EMBRAER SA: PRODUCT LAUNCHES
TABLE 214 EMBRAER SA: DEALS
15.2.3 GULFSTREAM AEROSPACE
TABLE 215 GULFSTREAM AEROSPACE: BUSINESS OVERVIEW
TABLE 216 GULFSTREAM AEROSPACE: PRODUCTS OFFERED
TABLE 217 GULFSTREAM AEROSPACE: PRODUCT LAUNCHES
TABLE 218 GULFSTREAM AEROSPACE: DEALS
15.2.4 BOMBARDIER, INC.
TABLE 219 BOMBARDIER, INC.: BUSINESS OVERVIEW
FIGURE 44 BOMBARDIER, INC.: COMPANY SNAPSHOT
TABLE 220 BOMBARDIER, INC.: PRODUCTS OFFERED
TABLE 221 BOMBARDIER, INC.: PRODUCT LAUNCHES
TABLE 222 BOMBARDIER, INC.: DEALS
15.2.5 DASSAULT AVIATION
TABLE 223 DASSAULT AVIATION: BUSINESS OVERVIEW
FIGURE 45 DASSAULT AVIATION: COMPANY SNAPSHOT
TABLE 224 DASSAULT AVIATION: PRODUCTS OFFERED
TABLE 225 DASSAULT AVIATION: PRODUCT LAUNCHES
TABLE 226 DASSAULT AVIATION: DEALS
15.2.6 BOEING
TABLE 227 BOEING: BUSINESS OVERVIEW
FIGURE 46 BOEING: COMPANY SNAPSHOT
TABLE 228 BOEING: PRODUCTS OFFERED
TABLE 229 BOEING: DEALS
15.2.7 AIRBUS
TABLE 230 AIRBUS: BUSINESS OVERVIEW
FIGURE 47 AIRBUS: COMPANY SNAPSHOT
TABLE 231 AIRBUS: PRODUCTS OFFERED
TABLE 232 AIRBUS: PRODUCT LAUNCHES
TABLE 233 AIRBUS: DEALS
15.2.8 PILATUS AIRCRAFT
TABLE 234 PILATUS AIRCRAFT: BUSINESS OVERVIEW
TABLE 235 PILATUS AIRCRAFT: PRODUCTS OFFERED
TABLE 236 PILATUS AIRCRAFT: DEALS
15.2.9 HONDA AIRCRAFT COMPANY
TABLE 237 HONDA AIRCRAFT COMPANY: BUSINESS OVERVIEW
TABLE 238 HONDA AIRCRAFT COMPANY: PRODUCT LAUNCHES
15.2.10 SYBERJET AIRCRAFT
TABLE 239 SYBERJET AIRCRAFT: BUSINESS OVERVIEW
15.2.11 PIPER AIRCRAFT
TABLE 240 PIPER AIRCRAFT: BUSINESS OVERVIEW
15.2.12 CIRRUS AIRCRAFT
TABLE 241 CIRRUS AIRCRAFT: BUSINESS OVERVIEW
15.2.13 VERTICAL AEROSPACE
TABLE 242 VERTICAL AEROSPACE: BUSINESS OVERVIEW
15.2.14 ONE AVIATION CORPORATION
TABLE 243 ONE AVIATION CORPORATION: BUSINESS OVERVIEW
16 OTHER PLAYERS
16.1 VOLOCOPTER GMBH
TABLE 244 VOLOCOPTER GMBH: COMPANY OVERVIEW
16.2 EVIATION AIRCRAFT
TABLE 245 EVIATION AIRCRAFT: COMPANY OVERVIEW
16.3 ZUNUM AERO
TABLE 246 ZUNUM AERO: COMPANY OVERVIEW
16.4 LILIUM GMBH
TABLE 247 LILIUM GMBH: COMPANY OVERVIEW
16.5 JOBY AVIATION
TABLE 248 JOBY AVIATION: COMPANY OVERVIEW
16.6 KAREM AIRCRAFT, INC.
TABLE 249 KAREM AIRCRAFT, INC.: COMPANY OVERVIEW
16.7 LIFT
TABLE 250 LIFT: COMPANY OVERVIEW
16.8 XTI AIRCRAFT
TABLE 251 XTI AIRCRAFT: COMPANY OVERVIEW
16.9 SAMAD AEROSPACE
TABLE 252 SAMAD AEROSPACE: COMPANY OVERVIEW
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
17 APPENDIX
17.1 DISCUSSION GUIDE
17.1.1 BUSINESS JETS MARKET (2022–2030)
17.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
17.3 AVAILABLE CUSTOMIZATIONS
17.4 RELATED REPORTS
17.5 AUTHOR DETAILS
Business jets offer a wide range of advantages to travelers such as on-demand flight schedules, conduct business privately during flights along with guarantee of fast, safe, reliable, and cost effective approach to travelers. Today, business jets have become viable for companies to bring in the offerings of comfortable travel allowing the employees to travel to multiple locations at a short span of time thus, reducing fatigue of most frequent flyers.
The business jet market has grown significantly in the past 20 years, before 2008, due to a rise in corporate demand. Also, with numbers of new aircraft models entering the market that fuelled up the charter and fractional ownership segments increased the customer base for business jets globally.
This report presents a complete analysis of the global business jet market across the forecast period. It portrays the key industry trends that may influence the business jet market. It provides the complete market size of the business jet market over the next six years and provides information on the market size of different business jet types and services for each region.
The report provides information of the leading manufacturers in the business jet market and also provides details of their financial positions, key products, strategies, and developments. It also includes a qualitative analysis of the market by analyzing the pricing and cost analysis of the products. ETOP analysis of the overall market and SWOT analysis of the key market players has been performed in the report.
In this report, the business jet market covers very light jets, small cabin (light) jets, super light jets, mid-size cabin jets, super mid-size cabin jets, large cabin jets, large cabin heavy jets, and bizliners. Also, the report covers the various service programs offered under the business jet market that include charter, fractional ownership, and lease. The large cabin jets segment held the largest market share in the global business jet market, in 2013.
North America holds the largest share of the global business jet market in terms of volume and value. In the forthcoming years, Latin America and Africa are expected to form new revenue-generating pockets for the market players. However, in the Asia-Pacific region, due to economic reasons and regulatory reasons, the business jet market will face much contraction as compared to other regions. Business jet market in Europe is yet to recover from the effects of the economic downturn.
The global business jet market is marked with intense competition among the top OEMs. These market players continuously innovate, design, and develop new aircraft models across the different types of business jets. The market is dominated by players such as Bombardier Inc. (Canada), Gulfstream Aerospace Corporation (U.S.), Cessna Aircraft Company (U.S.), Dassault Aviation S.A. (France), and Embraer S.A. (Brazil). Few players such as Honda Aircraft Company (Japan) and COMAC (China) are expected to enter this market during the forecast period. In 2013, Gulfstream Aerospace Corporation held the leading position in terms of market size in the business jet market.
