Business Jets Market
PUBLISHED: 2019 ID: SMRC18629
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Business Jets Market

Business Jets - Global Market Outlook (2018-2027)

4.3 (40 reviews)
4.3 (40 reviews)
Published: 2019 ID: SMRC18629

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Business Jets Machines Market is accounted for $23.84 billion in 2018 and is expected to reach $38.93 billion by 2027 growing at a CAGR of 5.6% during the forecast period. Opening of new programs, a growing number of high-net-worth individuals and resumption of global economic growth are the major factors driving the market growth. However, long duration for product certification from aviation authorities may hinder the growth of the market.

Business jet is a jet aircraft generally used for private purposes, parcel deliveries, transportation of small group of people by government officers, public bodies and armed forces. It provides the consumer with the facilities of on demand flight scheduling, to conduct business during the flight, reduces travel time, safe and cost effective mode of travel.

Based on aircraft type, light segment is going to have a lucrative growth during the forecast period owing to the new startups focusing on developing aircraft in the light category commercialization of urban air mobility will further drive the growth of light business jets. By geography, North America provides potential growth opportunities which are attributed to the presence of a large number of high-net-worth individuals coupled with the existence of major business jet manufacturers.

Some of the key players in Business Jets market include Airbus, Bombardier Inc, Dassault Aviation, Embraer S.A., Eviation Aircraft, Gulfstream Aerospace, Honda Aircraft Company, Joby Aviation, Karem Aircraft Inc, Lilium GmbH, Pilatus Aircraft, Textron Inc, The Boeing Company, Volocopter GmbH, and Zunum Aero.
                   
Aircraft Types Covered:
• Airliner
• Large
• Light
• Mid-sized

Systems Covered:
• Original Equipment Manufacturer (OEM) Systems
• Aftermarket Systems

Services Covered:
• Type
• Leasing Type

Ranges Covered:
• < 3,000 NM
• 3,000 - 5,000 NM
• > 5000 NM

End Users Covered:
• High Profile Business
• Government Official
• Flight Departments
• Charter Companies

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK  
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America          
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

 What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary           
             
2 Preface  
          
 2.1 Abstract           
 2.2 Stake Holders          
 2.3 Research Scope          
 2.4 Research Methodology         
  2.4.1 Data Mining         
  2.4.2 Data Analysis         
  2.4.3 Data Validation         
  2.4.4 Research Approach         
 2.5 Research Sources          
  2.5.1 Primary Research Sources        
  2.5.2 Secondary Research Sources        
  2.5.3 Assumptions         
             
3 Market Trend Analysis          
 3.1 Introduction          
 3.2 Drivers           
 3.3 Restraints          
 3.4 Opportunities          
 3.5 Threats           
 3.6 End User Analysis          
 3.7 Emerging Markets          
 3.8 Futuristic Market Scenario         
             
4 Porters Five Force Analysis          
 4.1 Bargaining power of suppliers         
 4.2 Bargaining power of buyers         
 4.3 Threat of substitutes         
 4.4 Threat of new entrants         
 4.5 Competitive rivalry          
             
5 Global Business Jets Market, By Aircraft Type        
 5.1 Introduction          
 5.2 Airliner           
 5.3 Large           
 5.4 Light           
 5.5 Mid-sized          
             
6 Global Business Jets Market, By Systems         
 6.1 Introduction          
 6.2 Original Equipment Manufacturer (OEM) Systems       
  6.2.1 Avionics          
   6.2.1.1 Navigation Systems         
   6.2.1.2 Flight Management Systems       
   6.2.1.3 Software         
   6.2.1.4 Communication Systems       
  6.2.2 Cabin Interiors         
   6.2.2.1 IFEC         
   6.2.2.2 Seats         
   6.2.2.3 Panels         
   6.2.2.4 Stowage Bins        
   6.2.2.5 Lavatory         
   6.2.2.6 Galley         
  6.2.3 Doors, Windows, and Windshields       
  6.2.4 Aerostructures         
   6.2.4.1 Empennage        
   6.2.4.2 Wings         
   6.2.4.3 Nose         
   6.2.4.4 Flight Control Surfaces       
   6.2.4.5 Fuselage         
   6.2.4.6 Nacelle and Pylon        
  6.2.5 Aircraft Systems         
   6.2.5.1 Pneumatic Systems        
   6.2.5.2 Electrical Systems        
   6.2.5.3 Propulsion Systems        
   6.2.5.4 Emergency Systems        
   6.2.5.5 Hydraulic Systems        
   6.2.5.6 Landing Systems        
   6.2.5.7 Environmental Control Systems      
 6.3 Aftermarket Systems         
  6.3.1 Avionics          
   6.3.1.1 Communication Systems       
   6.3.1.2 Flight Management Systems       
   6.3.1.3 Software         
   6.3.1.4 Navigation Systems        
  6.3.2 Aerostructures         
  6.3.3 Cabin Interiors         
   6.3.3.1 IFEC         
   6.3.3.2 Galley         
   6.3.3.3 Stowage Bins         
   6.3.3.4 Seats         
   6.3.3.5 Lavatory         
   6.3.3.6 Panels         
  6.3.4 Doors, Windows, and Windshields       
  6.3.5 Aircraft Systems         
   6.3.5.1 Hydraulic Systems        
   6.3.5.2 Pneumatic Systems        
   6.3.5.3 Electrical Systems        
   6.3.5.4 Propulsion Systems        
   6.3.5.5 Landing Systems        
   6.3.5.6 Emergency Systems        
   6.3.5.7 Environmental Control       
             
7 Global Business Jets Market, By Services         
 7.1 Introduction          
 7.2 Type            
  7.2.1 Charter Services         
  7.2.2 Jet Card Programs         
  7.2.3 Fractional Ownership        
 7.3 Leasing Type           
  7.3.1 Wet Lease         
  7.3.2 Dry Lease          
              
8 Global Business Jets Market, By Range         
 8.1 Introduction          
 8.2 < 3,000 NM          
 8.3 3,000 - 5,000 NM          
 8.4 > 5000 NM          
             
9 Global Business Jets Market, By End User        
 9.1 Introduction           
 9.2 High Profile Business         
 9.3 Government Official         
 9.4 Flight Departments          
 9.5 Charter Companies          
             
10 Global Business Jets Market, By Geography        
 10.1 Introduction          
 10.2 North America          
  10.2.1 US          
  10.2.2 Canada          
  10.2.3 Mexico          
 10.3 Europe           
  10.3.1 Germany          
  10.3.2 UK          
  10.3.3 Italy          
  10.3.4 France          
  10.3.5 Spain           
  10.3.6 Rest of Europe         
 10.4 Asia Pacific          
  10.4.1 Japan          
  10.4.2 China          
  10.4.3 India          
  10.4.4 Australia          
  10.4.5 New Zealand         
  10.4.6 South Korea         
  10.4.7 Rest of Asia Pacific         
 10.5 South America          
  10.5.1 Argentina         
  10.5.2 Brazil          
  10.5.3 Chile          
  10.5.4 Rest of South America        
 10.6 Middle East & Africa         
  10.6.1 Saudi Arabia         
  10.6.2 UAE           
  10.6.3 Qatar          
  10.6.4 South Africa         
  10.6.5 Rest of Middle East & Africa        
             
11 Key Developments           
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures      
 11.2 Acquisitions & Mergers         
 11.3 New Product Launch         
 11.4 Expansions          
 11.5 Other Key Strategies         
             
12 Company Profiling           
 12.1 Airbus            
 12.2 Bombardier Inc          
 12.3 Dassault Aviation            
 12.4 Embraer S.A.           
 12.5 Eviation Aircraft          
 12.6 Gulfstream Aerospace          
 12.7 Honda Aircraft Company          
 12.8 Joby Aviation          
 12.9 Karem Aircraft Inc          
 12.10 Lilium GmbH          
 12.11 Pilatus Aircraft           
 12.12 Textron Inc          
 12.13 The Boeing Company          
 12.14 Volocopter GmbH          
 12.15 Zunum Aero          


List of Tables            
1 Global Business Jets Market Outlook, By Region (2017-2027) (US $MN)       
2 Global Business Jets Market Outlook, By Aircraft Type (2017-2027) (US $MN)      
3 Global Business Jets Market Outlook, By Airliner (2017-2027) (US $MN)       
4 Global Business Jets Market Outlook, By Large (2017-2027) (US $MN)        
5 Global Business Jets Market Outlook, By Light (2017-2027) (US $MN)       
6 Global Business Jets Market Outlook, By Mid-sized (2017-2027) (US $MN)      
7 Global Business Jets Market Outlook, By Systems (2017-2027) (US $MN)       
8 Global Business Jets Market Outlook, By Original Equipment Manufacturer (OEM) Systems (2017-2027) (US $MN)   
9 Global Business Jets Market Outlook, By Avionics (2017-2027) (US $MN)       
10 Global Business Jets Market Outlook, By Cabin Interiors (2017-2027) (US $MN)      
11 Global Business Jets Market Outlook, By Doors, Windows, and Windshields (2017-2027) (US $MN)    
12 Global Business Jets Market Outlook, By Aerostructures (2017-2027) (US $MN)      
13 Global Business Jets Market Outlook, By Aircraft Systems (2017-2027) (US $MN)      
14 Global Business Jets Market Outlook, By Aftermarket Systems (2017-2027) (US $MN)     
15 Global Business Jets Market Outlook, By Avionics (2017-2027) (US $MN)       
16 Global Business Jets Market Outlook, By Aerostructures (2017-2027) (US $MN)      
17 Global Business Jets Market Outlook, By Cabin Interiors (2017-2027) (US $MN)      
18 Global Business Jets Market Outlook, By Doors, Windows, and Windshields (2017-2027) (US $MN)    
19 Global Business Jets Market Outlook, By Aircraft Systems (2017-2027) (US $MN)      
20 Global Business Jets Market Outlook, By Services (2017-2027) (US $MN)       
21 Global Business Jets Market Outlook, By Type (2017-2027) (US $MN)       
22 Global Business Jets Market Outlook, By Charter Services (2017-2027) (US $MN)      
23 Global Business Jets Market Outlook, By Jet Card Programs (2017-2027) (US $MN)      
24 Global Business Jets Market Outlook, By Fractional Ownership (2017-2027) (US $MN)     
25 Global Business Jets Market Outlook, By Leasing Type (2017-2027) (US $MN)      
26 Global Business Jets Market Outlook, By Wet Lease (2017-2027) (US $MN)      
27 Global Business Jets Market Outlook, By Dry Lease (2017-2027) (US $MN)      
28 Global Business Jets Market Outlook, By Range (2017-2027) (US $MN)       
29 Global Business Jets Market Outlook, By < 3,000 NM (2017-2027) (US $MN)      
30 Global Business Jets Market Outlook, By 3,000 - 5,000 NM (2017-2027) (US $MN)      
31 Global Business Jets Market Outlook, By > 5000 NM (2017-2027) (US $MN)      
32 Global Business Jets Market Outlook, By End User (2017-2027) (US $MN)       
33 Global Business Jets Market Outlook, By High Profile Business (2017-2027) (US $MN)     
34 Global Business Jets Market Outlook, By Government Official (2017-2027) (US $MN)     
35 Global Business Jets Market Outlook, By Flight Departments (2017-2027) (US $MN)      
36 Global Business Jets Market Outlook, By Charter Companies (2017-2027) (US $MN)      
             
Note: The tables for North America, Europe, Asia Pacific, South America, and Middle East & Africa are represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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