Global Very Light Jet Market 2022 - Industry Briefing

Global Very Light Jet Market 2022 - Industry Briefing

The global very light jet market is likely to register a CAGR of over 7.7% with an incremental growth of USD 2.6 billion during the forecast period 2022-2028.

This industry report offers market estimates of the global market, followed by a detailed analysis of the aircraft type, propulsion, material, end user, and region. The global market data on very light jet can be segmented by aircraft type: light aircraft, ultra-light aircraft. Globally, the light aircraft segment made up the largest share of the very light jet market. Very light jet market is further segmented by propulsion: conventional fuel, electric and hybrid. Based on material, the very light jet market is segmented into: aluminum, composites, others. According to the research, the composites segment had the largest share in the global very light jet market. On the basis of end user, the very light jet market also can be divided into: civil and commercial, military. The military segment held the largest revenue share in 2021. Very light jet market by region is categorized into: Asia Pacific, Europe, North America, Rest of the World (RoW).

The global very light jet market is highly competitive. Some of the leading companies operating in the market are Bombardier Inc., Cirrus Aircraft Corporation (Aviation Industry Corporation of China), Embraer S.A., Honda Aircraft Company (Honda Motor Co. Ltd.), Nextant Aerospace Holdings LLC, OC Oerlikon Corporation AG (Pilatus Aircraft Ltd.), Stratos Aircraft Inc., Textron Inc., Wanfeng Aviation Industry Co. Ltd. (Diamond Aircraft Industries GmbH).

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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