The global business jets market size was USD 28.73 Billion in 2021 and is expected to register a revenue CAGR of 4.2% during the forecast period, according to latest analysis by Emergen Research. Increasing focus on business capabilities, increasing popularity of long-range aircraft in the aviation sector as they offer optimum comfort, performance, and economy, introduction of Electric Vertical Take-off and Landing (eVTOL) aircraft that has superior urban air mobility, and rising focus on service business are major factors driving market revenue growth. Business jets are used by companies and corporations for movement of people or goods as per the requirement of business. For instance, Textron is working towards diversifying its presence further by targeting market segments, scaling up its services business, and others. In addition, fleet utilization and activity levels for business and general aviation segments following rising demand for private travel is another major factor driving market revenue growth in various regions.

The Global Business Jets Market Report, published by Emergen Research, offers an industry-wide assessment of the Business Jets market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period.

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Competitive Terrain:

The global Business Jets industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Textron Inc., Embraer, Gulfstream Aerospace Corporation, Bombardier, Dassault Aviation, Boeing, Airbus, Pilatus Aircraft Ltd., Honda Aircraft Company, and MSC Aerospace Company

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Business Jets market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Business Jets market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Business Jets market.

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Market Segmentations of the Business Jets Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Business Jets market on the basis of product, application, and region:

Segments Covered in this report are:

• Aircraft Type Outlook (Revenue, USD Billion; 2019-2030)

  • Light
  • Mid-Sized
  • Large

• Point of Sale Outlook (Revenue, USD Billion; 2019-2030)

  • OEM
  • Aftermarket

• End-Use Outlook (Revenue, USD Billion; 2019-2030)

  • Private Users
  • Operators

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Major Geographies Analyzed in the Report:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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