Global Business Jet Market - 2022-2030 - Market Backdrop & Landscape, OEMs Strategies & Plans, Key Trends, Strategic Insights, Growth Opportunities and Market Outlook & Forecast
The Global Business Jet Market has been doing fairly well with a virtual windfall for order intake and growing order books & surging backlogs across most industry OEMs with the boom driven by growing demand for private travel & bio-bubbles which have given a significant boost to demand for new as well as used jets and has even brought a number of first time buyers to the business aviation market. The book to bill ratios across industry OEMs have been improving across segments for the OEMs, including, light jets as well while fleet utilization across the board continues to soar, thereby, bolstering MRO activity and service revenues for the industry.
However, the industry faces modest headwinds in form of continued challenges from the COVID-19 pandemic and the Russia-Ukraine war marked by supply chain disruptions & bottlenecks, shortage of semi-conductors and rising material costs, especially for typical aerospace materials like Aluminum & Titanium, have been troubling OEMs while surging demand & fleet utilizations have been putting strain on the industry value chain for replacement parts. Surging crude oil prices globally, too, are likely to impact profitability across operators.
The Aviation industry also continues to make steady progress towards development of a range of sustainable technologies geared towards de-carbonization over long term with focus on increasing the usage of sustainable aviation fuels (SAFs) over near term along with other mechanisms, like carbon offsets under CORSIA, while taking steady steps towards transition to electric and hydrogen based propulsion over long term.
Against this backdrop, the report analyzes and provides critical insights into the industry and key market as well as technology trends likely to shape the future of the Global Business Jet Market over the near to medium term horizon followed by outlining of emerging, potential growth opportunities.
Relevance & Usefulness: The report will be useful for:
Strategic Planning & Decision-Making process
Identification of & Insights into Potential Growth Opportunities & Avenues
Market Evolution & Demand Growth Projections
Assessing potential impact of emerging Market Trends & Developments
Contingency planning for current Strategies & Programs
Identifying & highlighting areas for making potential Strategic Changes, Adjustments & Realignment
Analysis of Key Industry Trends, Issues & Challenges, Risk Factors & Market Outlook for 2022
For Whom:
The report, with its unique disposition & strategy focus, is a niche, key & vital information resource on the Global Business Jet Market. It would be indispensable for those having interest, stakes or investments in and/or operational or strategic involvement in Business Aviation. The report will be extremely useful for Key Decision-Makers, Program Managers, Global Procurement Managers, Top Management of Industry Players & Other Companies, Industry OEMs, Fleet Operators, Suppliers, Vendors, Associated Equipment Manufacturers and other Key Players in the Industry Value Chain. The report will also be useful for existing & potential Investors, Industry & Company Analysts, M&A Advisory Firms, Strategy & Management Consulting Firms, PE Firms, Venture Capitalists, Financing & Leasing Companies, Researchers and all those associated with the Global Business Aviation industry.
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