Global Business Jets Market 2023-2029

Global Business Jets Market 2023-2029

Business jets are jet aircraft designed to transport small groups of people, also known as private jets or bizjets. Business jets can be adapted for other roles, such as evacuating the injured or delivering packages, and some are used by public agencies, government officials, VIPs or the armed forces. The global business jets market size is projected to grow by USD 6.2 billion from 2023 to 2029, registering a CAGR of 4.6 percent, according to the latest market data.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global business jets market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the aircraft type, and region. The global market for business jets can be segmented by aircraft type: large jets, light jets, mid-size jets. In 2022, the large jets segment made up the largest share of revenue generated by the business jets market. Business jets market is further segmented by region: North America, Europe, Asia-Pacific, Rest of the World (RoW). North America was the largest contributor to the global business jets market in 2022.

Market Segmentation

By aircraft type: large jets, light jets, mid-size jets

By region: North America, Europe, Asia-Pacific, Rest of the World (RoW)

The report explores the recent developments and profiles of key vendors in the Global Business Jets Market, including Airbus SE, Bombardier Inc., Boom Technology, Inc., Cirrus Design Corporation, Dassault Aviation SA, Embraer S.A., General Dynamics Corporation (Gulfstream Aerospace Corporation), Honda Aircraft Company, Pilatus Aircraft Ltd., Textron Inc., The Boeing Company, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

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Scope of the Report

• To analyze and forecast the market size of the global business jets market.
• To classify and forecast the global business jets market based on aircraft type, region.
• To identify drivers and challenges for the global business jets market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global business jets market.
• To identify and analyze the profile of leading players operating in the global business jets market.

• Gain a reliable outlook of the global business jets market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.