The global business jet market was valued at $20.9 billion in 2013 and is expected to reach $33.8 billion by the end of 2020, to grow at a CAGR of 6.86%.
(PRWEB) September 09, 2014
Report provides analysis of the business jet market over the next five years. It contains an analysis of the drivers, challenges, and restraints that affect the industry, along with their impact in the short, medium, and long term landscapes.
It also discusses the industry, market, and technology trends that currently prevail in the market. It also analyses the market with a special focus on the aircraft type market segment.
In this report, the global business jet market is broadly segmented into business jet types-very light jets, light jets, super light jets, midsized jets, super midsized jets, large cabin heavy jets, large cabin jets, and biz liners. The small cabin light jet segment accounted for the largest market size of the global business jet market in 2013, while the large cabin jets segment is expected to grow at a CAGR of 4.00% from 2014 to 2020 as the traditional regional markets have coped with economic variability and political uncertainties; key emerging markets are also expected to come out of the recessionary pressures in the coming future. This has led to increased growth in the large cabin jet category. Complete report is available at http://www.reportsnreports.com/reports/297415-business-jet-market-by-aircraft-type-light-jet-mid-size-jet-large-jet-by-geography-north-america-asia-pacific-europe-the-middle-east-latin-america-and-africa-global-forecasts-trends-analysis-to-2014-2020.html .
This report also highlights the industry value chain, with a detailed ETOP analysis and market life cycle analysis of the business jet market. Another aspect to look forward to is the illustrative segmentation, geographic analysis, and forecast of the major markets to provide an overall view of the global market.
A competitive landscape with respect to an identification of key players and their market share has also been provided in the report. The strategic profiling of the key players of the business jet market, along with a comprehensive analysis of their recent developments, investments, and core competencies in each segment have been identified.
Key players profiled in the report are Bombardier Inc, Gulfstream Aerospace Corporation, Cessna Aircraft Company, Embraer S.A, Dassault Aviation S.A, Airbus Group N.V, The Boeing Company and Honda Aircraft Company Llc Order a copy of this report at http://www.reportsnreports.com/purchase.aspx?name=297415 .
The business jet market can qualitatively be segmented into two major categories-branded charters (which also include air taxis) and fractional ownership. The air charter market has shown significant growth since its inception, which was about five decades back. There were about 3,650 worldwide charter and air taxi fleet in 2013. The primary demand for chartered flights is due to consistent demand from North America and Europe, which constitutes 70% of the total demand. In the recent past, the strongest fleet growth in the charter market has been observed from APAC, Latin America, and Africa. Priced at US $4650 for a single user PDF, a discount on this research report can be requested at http://www.reportsnreports.com/contacts/discount.aspx?name=297415 .
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