CHICAGO, July 7, 2022 /PRNewswire/ -- According to
the report "Business Jets Market by Aircraft Type (Light,
Mid-Sized, Large, Airliner), Systems (OEM Systems, Aftermarket
Systems), End-Use (Private User, Operator), Point of Sale (OEM,
Aftermarket), Services, Range and Region - Global Forecast to
2030", published by MarketsandMarkets™, the market size is
projected to grow from an estimated USD 30.1
billion in 2022 to USD 41.8
billion by 2030, at a CAGR of 4.2% during the forecast
period. Rise in demand of improved in-flight passenger comfort to
drive the growth of the market. Emergence of e-VTOL aircraft and
high demand for private jets and chartered airplanes, serve as an
opportunity for the market growth up to 2030.
Ask for PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=33698426
"Based on End Use, operators segment is expected to grow at
the highest CAGR in the business jets market during the forecast
period"
Based on end use, the operators segment is projected to grow at
the highest CAGR from 2022 to 2030. The growth of this segment can
be attributed to the introduction of variety of business jet
programs like charter flight services and jet card services that
drives the operator segment.
"Based on aircraft type, light segment is expected to grow at
the highest CAGR in the business jets market during the forecast
period"
Based on aircraft type, the light segment is projected to grow
at the highest CAGR from 2022 to 2030. Rise in demand for intercity
and short-haul travel is expected to drive the overall demand in
the business jets market.
Browse in-depth TOC on "Business
Jets Market"
252 – Tables
47 – Figures
242 – Pages
Inquiry Before Buying:
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=33698426
"Middle East is expected to
be the fastest-growing region for the business jets market during
the forecast period"
Middle East is among the
fastest-growing regions for the business jets market. The growth of
the market in Middle East is
driven by the increase in air travel in the region. An increase in
aircraft orders for light aircrafts across the globe is a major
driver for the rise in business aircraft deliveries from
Middle East. In addition,
considerable growth in trade and tourism and VVIP travel are among
the crucial factors anticipated to fuel the regional demand for the
business aircraft.
Major players operating in the business jets market include
Textron Inc. (US), Embraer SA (Brazil), Gulfstream Aerospace (US), Bombardier
Inc. (Canada) and Dassault
Aviation (France), among others.
These companies have well-equipped manufacturing facilities and
strong distribution networks across North
America, Europe,
Asia Pacific, Latin America, Middle East and Africa.
Related Reports:
Autonomous Aircraft Market by Technology (Increasingly
Autonomous, and Fully Autonomous), End Use (Commercial, Combat
& ISR, Cargo, Passenger Air Vehicle, Personal Air Vehicle, Air
Medical Services), Component, and Region (2018-2030)
Urban Air Mobility Market by Component (Infrastructure
Solutions, Platform), Platform Operation (Piloted, Autonomous),
Range (Intercity, Intracity), Platform Architecture, Systems, End
User and Region - Global Forecast To 2030
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000
high growth niche opportunities/threats which will impact 70% to
80% of worldwide companies' revenues. Currently servicing 7500
customers worldwide including 80% of global Fortune 1000 companies
as clients. Almost 75,000 top officers across eight industries
worldwide approach MarketsandMarkets™ for their painpoints around
revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are
tracking global high growth markets following the "Growth
Engagement Model – GEM". The GEM aims at proactive collaboration
with the clients to identify new opportunities, identify most
important customers, write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both the company and
its competitors. MarketsandMarkets™ now coming up with 1,500
MicroQuadrants (Positioning top players across leaders, emerging
companies, innovators, strategic players) annually in high growth
emerging segments. MarketsandMarkets™ is determined to benefit more
than 10,000 companies this year for their revenue planning and help
them take their innovations/disruptions early to the market by
providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market
research platform, "Knowledge Store" connects over 200,000 markets
and entire value chains for deeper understanding of the unmet
insights along with market sizing and forecasts of niche
markets.
Contact:
Mr. Aashish
Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight:
https://www.marketsandmarkets.com/ResearchInsight/business-jet-market.asp
Visit Our Web Site: https://www.marketsandmarkets.com/
Content Source:
https://www.marketsandmarkets.com/PressReleases/business-jet.asp
Logo:
https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg