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Business Jet Market to Reach USD 36.21 Billion by 2026 | Fortune Business Insights

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News provided by

Fortune Business Insights

23 Oct, 2019, 15:30 GMT

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Key Companies Covered in the Business Jet Market Research Report are Bombardier, Inc., Cessna Aircraft Company, Textron, Inc., HondaJet, Airbus SE, Gulfstream, Embraer SA, Dassault Aviation, Boeing, XTI Aircraft, Eviation Aircraft, Zunum Aero, among others

PUNE, India, Oct. 23, 2019 /PRNewswire/ -- A contract was signed by Eviation with U.S regional cape Air in July 2019. This contract stated the purchase of their electric aircraft called Alice. Such innovations are likely to bode well for the global business jet market, says Fortune Business Insights in their new study.

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Business Jets Market Analysis, Insights and Forecast, 2015-2026

The study by Fortune Business Insights is titled, "Business Jet Market Size, Share & Industry Analysis, By Aircraft Type (Light, Mid-sized, Large, and Airliner), Point of Sale (OEMs, and Aftermarket), Systems (Aerostructures, Avionics, Propulsion Systems, Aircraft Systems, Cabin Interiors, Landing Gears and others), By End User (Private and Operator), and Regional Forecast, 2015-2026" As per the report, the market, valued at USD 27.54 Billion in 2018 is anticipated to exhibit a CAGR of 3.41% and reach USD 36.21 Billion by 2026.

The report offers a comprehensive overview of the market, majorly emphasizing on growth drivers, restraints, trends and opportunities. The information presented in the report is extracted from primary and secondary research methods. Key players operating in the Business Jet Market are listed in the report along and are available for sale on the company website.

Browse Complete Report Details Enabled with Table of Contents, Tables & Figures, Major Segmentation, Top Players Profile, Geographical Overview and Infographics:
 
https://www.fortunebusinessinsights.com/industry-reports/business-jet-market-101585

According to the report, the OEM systems segment is anticipated to dominate the global market for business jets. This is owing to the commercialization of hybrid and electric business air vehicles and the advent of new aircraft programs.

List of Key Companies Operating in the Global Business Jet Market Include:

  • Bombardier, Inc.
  • Cessna Aircraft Company 
  • Textron, Inc.
  • HondaJet
  • Airbus SE
  • Gulfstream
  • Embraer SA
  • Dassault Aviation
  • Boeing
  • XTI Aircraft
  • Eviation Aircraft
  • Zunum Aero


Sample PDF:
 https://www.fortunebusinessinsights.com/enquiry/sample/business-jet-market-101585

Introduction of New Programs in Aviation Industry to Promote Market Growth

Various factors are responsible for the growth of the business jet market. These include the aging fleet size, and the rise in number of high-net-worth individuals such as VVIPs and celebrities and the fact that their work over international and national borders are a high priority. This increases the need to provide transport facility within the minimum time span. Besides this, the introduction of new programs in the aviation industry is also promoting the growth of private jets in the market.

However, the market may face rough waters due to factors such as uncertainty of orders to fly depending on the schedule of the VVIPs and their schedule. This, coupled with the lengthy time taken to obtain product certification from aviation authorities may also hamper the market in future.

Presence of Large Vendors to Help North America Remain Dominant

Geographically, the market for business jets is dominated by North America. This is because of the presence of a large number of players such as Bombardier, Gulfstream, Textron, and others. In addition, the rise in investments in research and development is also presumed to help this region generate high revenue in the forecast period as well.

On the other side, the surge in demand for private jets in the Middle East and Africa is anticipated to attract high revenue to the region. The increasing investments in the aviation industry will help this region witness a progressive growth rate in the forecast duration.

Furthermore, the rising investments in the aviation sector and geographical expansion of the aviation industry in the developing nations of Asia Pacific such as China and India are prognosticated to help this region grow at rapid pace in the forecast duration.

Check Discount: https://www.fortunebusinessinsights.com/enquiry/check-discount/business-jet-market-101585

Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Key Industry Developments – Key Contracts & Agreements, Mergers, Acquisitions and Partnerships
    • Latest technological Advancements
    • Porters Five Forces Analysis
    • Value Chain Analysis
  • Global Business Jet Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Aircraft Type
      • Light Business Aircraft
      • Mid-sized Business Aircraft
      • Large Business Aircraft
      • Airliner
    • Market Analysis, Insights and Forecast – By Point of Sale
      • OEMs
      • Aftermarket
    • Market Analysis, Insights and Forecast – By Systems
      • Aerostructures
      • Avionics
      • Propulsion Systems
      • Aircraft Systems
      • Cabin Interiors
      • Landing Gears
      • Others
    • Market Analysis, Insights and Forecast – By
      • Private
      • Operator
    • Market Analysis, Insights and Forecast – By Country
      • North America
      • Europe
      • Asia Pacific
      • South America
      • Middle East & Africa

TOC Continued...!!!

Order Single or Corporate User License Copy: https://www.fortunebusinessinsights.com/checkout-page/101585

Have a Look at Related Reports:

Aerospace Fasteners Market Size, Share & Industry Analysis, By Material (Aluminum, Steel, Superalloys, and Titanium), By Product (Rivets, Screws, Nuts & Bolts and others), By Platform (Fixed-wing aircraft (Commercial Aircraft, Business Aircraft, Military Aircraft, and General Aviation Aircraft) and Rotary-wing Aircraft (Civil Helicopter and Military Helicopter)), and Regional Forecast, 2015-2026

Torpedo Market Size, Share & Industry Analysis, By Weight (Heavyweight Torpedoes and Lightweight Torpedoes), By Propulsion (Electric and Conventional), By Launch platform (Air-launched, Surface-launched, and Underwater-launched), and Regional Forecast, 2016-2026

About Us

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:
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