Asia Pacific Business Jet Market Size- By Body Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Asia-Pacific Business Jet Market Introduction and Overview
According to SPER market research, ‘Asia-Pacific Business Jet Market Size- By Body Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the APAC Business Jet Market is predicted to reach USD 2.92 billion by 2033 with a CAGR of 7.19%.
A business jet, commonly known as a private jet or corporate jet, is an aircraft designed primarily for the transportation of small groups of VIPs and company executives. Business jets are meant to carry fewer passengers than commercial aircraft because they are often smaller and offer their owners greater privacy and freedom.
The COVID-19 pandemic limited travel and decreased local economic activity, it had an impact on the market for and use of business aircraft. After the pandemic, there was a significant economic recovery, which in turn boosted demand for private planes as travel restrictions were loosened, particularly in Southeast Asia. The demand for private charters surged as a result of the growth in foreign investments, particularly in Malaysia, Singapore, Thailand, and Cambodia.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Body Type
Regions covered Australia, China, India, Japan, South Korea, Rest of Asia-Pacific
Companies Covered
Airbus SE, Bombardier Inc., Cirrus Design Corporation, Dassault Aviation, General Dynamics Corporation, Honda Motor Co., Ltd., Textron Inc., The Boeing Company, United Aircraft Corporation, Berry Global Inc., Others.
Asia-Pacific Business Jet Market Segmentation
By Body Type: Based on the Body Type, Asia-Pacific Business Jet Market is segmented as; Large Jet, Light Jet, Mid-Size Jet.
By Region:This research also includes data for Australia, China, India, Japan, South Korea, Rest of Asia-Pacific.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Asia-Pacific Business Jet Market
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Asia-Pacific Business Jet Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia-Pacific Business Jet Market
- 7. Asia-Pacific Business Jet Market, By Body Type (USD Million) 2020-2033
- 7.1. Asia-Pacific Business Jet Market Size, Share and Forecast, By Body Type, 2020-2026
- 7.2. Asia-Pacific Business Jet Market Size, Share and Forecast, By Body Type, 2027-2033
- 7.3. Large Jet
- 7.4. Light Jet
- 7.5. Mid-Size Jet
- 8. Asia-Pacific Business Jet Market Forecast, 2020-2033 (USD Million)
- 8.1. Asia-Pacific Business Jet Market Size and Market Share
- 9. Asia-Pacific Business Jet Market, By Region, 2020-2033 (USD Million)
- 9.1. Asia-Pacific Business Jet Market Size and Market Share By Region (2020-2026)
- 9.2. Asia-Pacific Business Jet Market Size and Market Share By Region (2027-2033)
- 9.3. Australia
- 9.4. China
- 9.5. India
- 9.6. Japan
- 9.7. South Korea
- 9.8. Rest of Asia-Pacific
- 10. Company Profile
- 10.1. Airbus SE
- 10.1.1. Company details
- 10.1.2. Financial outlook
- 10.1.3. Product summary
- 10.1.4. Recent developments
- 10.2. Bombardier Inc.
- 10.2.1. Company details
- 10.2.2. Financial outlook
- 10.2.3. Product summary
- 10.2.4. Recent developments
- 10.3. Cirrus Design Corporation
- 10.3.1. Company details
- 10.3.2. Financial outlook
- 10.3.3. Product summary
- 10.3.4. Recent developments
- 10.4. Dassault Aviation
- 10.4.1. Company details
- 10.4.2. Financial outlook
- 10.4.3. Product summary
- 10.4.4. Recent developments
- 10.5. General Dynamics Corporation
- 10.5.1. Company details
- 10.5.2. Financial outlook
- 10.5.3. Product summary
- 10.5.4. Recent developments
- 10.6. Honda Motor Co., Ltd.
- 10.6.1. Company details
- 10.6.2. Financial outlook
- 10.6.3. Product summary
- 10.6.4. Recent developments
- 10.7. Textron Inc.
- 10.7.1. Company details
- 10.7.2. Financial outlook
- 10.7.3. Product summary
- 10.7.4. Recent developments
- 10.8. The Boeing Company
- 10.8.1. Company details
- 10.8.2. Financial outlook
- 10.8.3. Product summary
- 10.8.4. Recent developments
- 10.9. United Aircraft Corporation
- 10.9.1. Company details
- 10.9.2. Financial outlook
- 10.9.3. Product summary
- 10.9.4. Recent developments
- 10.10. Berry Global Inc.
- 10.10.1. Company details
- 10.10.2. Financial outlook
- 10.10.3. Product summary
- 10.10.4. Recent developments
- 10.11. Others
- 11. Conclusion
- 12. Reference Links
- 13. List of Abbreviations
Research Assistance
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