Business Jets Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The business jet market size is expected to reach US $ 38 billion by 2028 up from US $ 18.8 billion in 2021 at an average annual rate of 7% over the forecast period. A business jet, private jet, or Biz jet is a jet designed to transport small groups of people. Business jets can be suitable for other roles, such as casualty evacuation or express parcel delivery, and some are used by public agencies, government officials or the military. Business jet aircraft are being used for intercity travel by businessmen and companies to save time. However, intra-city travel becomes crowded, increasing intra-city travel time. In such cases, traditional business jets are not available. In addition, they can take off from and land at the airport. In addition, availability is mostly limited to one in each city.

 

Company Profile

• Bombardier (Canada)
• Embraer  (Brazil)
• Textron, Inc. (US)
• Gulfstream (US)
• Airbus (Netherlands)
• Boeing (US)

 

Market Segmentation

By Aircraft Type

• Light
• Mid-sized
• Large
• Airliner

End Use

• Private
• Operator

By System

• OEM Systems
• Aftermarket Systems

 

Scope of the Report

The research study analyzes the Business Jets Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

 

Key Questions Answered by Business Jets Market Report

 

1. What was the Business Jets Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Business Jets Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Business Jets Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.