Global Light Business Jet Market Growth 2023-2029

Global Light Business Jet Market Growth 2023-2029

A business jet is a jet aircraft designed for transporting small groups of people. Business jets may be adapted for other roles, such as the evacuation of casualties or express parcel deliveries, and some are used by public bodies, government officials or the armed forces.

LPI (LP Information)' newest research report, the “Light Business Jet Industry Forecast” looks at past sales and reviews total world Light Business Jet sales in 2022, providing a comprehensive analysis by region and market sector of projected Light Business Jet sales for 2023 through 2029. With Light Business Jet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Light Business Jet industry.

This Insight Report provides a comprehensive analysis of the global Light Business Jet landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Light Business Jet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Light Business Jet market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Light Business Jet and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Light Business Jet.

The global Light Business Jet market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

On 1 April 2017, there were 22,368 business jets in the worldwide fleet, of which 11.2% were for sale. 5-year old aircraft residual value level is at a 56% of the list price. In 2017, 676 business jets were shipped, led by Gulfstream with $6.56 Billion for 120 aircraft, Bombardier with $5.2 Billion for 140, Cessna with $2.87 Billion (including propeller aircraft and 180 jets), Dassault with $2.42 Billion for 49 and Embraer with $1.35 Billion for 109.

This report presents a comprehensive overview, market shares, and growth opportunities of Light Business Jet market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Light Jets
Very Light Jets

Segmentation by application
Domestic Transport
International Transport

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bombardier
Embraer
Textron Aviation
Honda Aircraft Company
Cirrus Aircraft
Pilatus Aircraft

Key Questions Addressed in this Report

What is the 10-year outlook for the global Light Business Jet market?

What factors are driving Light Business Jet market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Light Business Jet market opportunities vary by end market size?

How does Light Business Jet break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.