Business Jets Market

Business Jets Market by Aircraft Type (Light, Mid-Sized, Large, Airliner), Systems (OEM Systems, Aftermarket Systems), End User (Private, Operator), Point of Sale (OEM, Aftermarket), Services, Range And Region - Global Forecast to 2030

Report Code: AS 2713 Aug, 2020, by marketsandmarkets.com

[261 Pages Report] The business jets market is projected to grow from an estimated USD 18.8 billion in 2020 to USD 38.0 billion by 2030, at a CAGR of 7.3% during the forecast period. An increasing number of high net worth personnel and the introduction of new aircraft programs are expected to drive the growth of the market.

Business Jet Market

To know about the assumptions considered for the study, Request for Free Sample Report

COVID-19 impact on the Business Jets Market

The COVID-19 outbreak has impacted the aviation industry adversely due to air travel restrictions on domestic as well as international flights across countries, resulting in the grounding of aircraft fleets and a sudden dip in aircraft orders and deliveries in 2020. This is expected to negatively impact the business jets market in the short term; slow recovery is expected in Q1 of 2021. The aviation industry could take 2-3 years to recover from the financial effects of COVID-19, leading to lower air travels and passenger traffic compared to previous estimates.

  • The temporary halts in production have impacted the OEM market for business jets adversely. Aircraft deliveries have been delayed in the first and second quarter of 2020, due to lockdowns in various countries, which has further fueled the decline in the revenue of manufacturers.
  • However, with certain relaxations across regions, business jet operators and service providers have witnessed a sluggish demand for charter services. For instance, Go Air airlines has operated 51 charter flights carrying 8,951 passengers to India until June 2020.
  • Clients are choosing to charter to gain quicker access, skip long and crowded check-in, customs, and immigration queues of people with unknown travel histories.

Business Jets Market Dynamics:

Driver: Introduction of new programs

Manufacturers in the business jets industry are focusing on improving passenger experience and increasing operational efficiency. Lowering carbon footprints, reducing operational cost, and upgrading avionics, cabin interiors, and aircraft systems are some of the areas of focus for manufacturers. This has resulted in the introduction of new aircraft programs. Embraer launched the Praetor 500 and the Praetor 600 in 2018 and the Legacy 650E in 2016, Bombardier launched Global 5500 and Global 6500 in 2018, Cessna launched Citation Longitude in 2016, Honda launched Honda Jet Elite in 2018, and Daher launched TBM 910 in 2017 and TBM 940 in 2019.

Restraint: Lengthy period of product certification from aviation authorities

Business jets manufacturers are required to undergo product certification before launching a new model in the market. However, due to the lack of process efficiency in the certification processes, aviation authorities delay certification. Safety is the most important parameters considered while providing certifications, where zero deviation is acceptable. For manufacturers to reach this level, multiple tests and iterations are needed. This results in lengthy periods to get approvals. This adds to the delay in the production process of the company, leading to market size loss. The time lag due to certification issues leads to loss of booked orders.

Opportunity: eVTOL aircraft

Business jets aircraft are being used for intercity travel by businessmen and companies to save time. However, intracity travel has become congested, which increases the travel time within a city. In such cases, traditional business jets cannot be used, as they can take off from and land at an airport, the availability of which is mostly restricted to one in each city. For intracity travel, VTOL aircraft can be beneficial as they can take off and land at multiple vertiports within a city. With eVTOL aircraft, the ease of travel within the city increases as they are cheaper and less noisy. eVTOL aircraft are part of urban air mobility. For the concept to commercialize, there is a need for technological advancements in terms of battery capacity; building infrastructure such as vertiports and charging pods; and robust regulatory framework. With the advent of eVTOL technology, the business aircraft market is expected to witness growth, as the demand is already present in the market.

Challenge: Unavailability of infrastructure

A major challenge for the business jets market is the unavailability of infrastructure in several nations. Developing economies such as India, China, Nigeria, and Malaysia have the potential market for business jets, but the infrastructure of these countries is not suitable for the business jets market to grow. There are many cities which are not well connected in terms of ease of travel. Certain areas do not have aerodromes and airports, some do not have available landing space, and some areas are not easily accessible from city limits.

BUSINESS JETS MARKET Ecosystem

Prominent companies that provide business jets, startups and small enterprises, distributors, and end customers (private owners, non-scheduled operators), and aftermarket products & services are the key stakeholders in the business jets market ecosystem. Investors, funders, academic researchers, distributors, service providers, and airport and aerodrome authorities serve as the major influencers for the business jets market.

Business Jet Market Ecosystem

To know about the assumptions considered for the study, download the pdf brochure

The light aircraft segment is projected to grow at the highest CAGR during the forecast period

Typically, light, mid-sized, large, and airliner are the four types of business jets available. The light segment is projected to grow at the highest CAGR during the forecast period. Growth of this segment can be attributed to the anticipated commercialization of air taxis, which will be used as business jets for inter and intracity travel. Growth of urban air mobility between 2025 to 2030 is expected to drive the overall business jets market further.

The 3,000 – 5,000 NM segment is projected to grow at the highest CAGR during the forecast period

Based on the end use, the market has been less than 3,000 NM; 3,000-5,000 NM; and more than 5,000 NM. The medium range of 3,000 to 5,000 NM aircraft generally includes mid-size and a few large business jets. The increasing demand for business travel and short-haul flights is the primary factor driving the growth of the business jets market. With private aviation showing robust growth over the last few years, the demand for exclusive flight services has exceeded pre-recessionary levels. The increase in the intercity travels by the VVIPs and corporate individuals drives the market for business jets with the range of 3,000 -5,000 NM.

The OEM segment accounts for the largest market size during the forecast period.

Based on the point of sale, the market has been segmented into OEM and aftermarket. The OEM segment accounts for the largest market size during the forecast period. The OEM segment is the total OEM market size for conventional and futuristic business jets. Also, OEM is the fastest-growing market during the forecast period; this growth attributed to the introduction of new aircraft programs, and the commercialization of electric & hybrid business air vehicles. Cost of aftermarket, which includes Maintenance, Repair, and Operations (MRO) cost and parts replacement, is low when compared to the overall OEM market, hence OEM segment leads the business jets market during the forecast period.

North America is expected to account for the largest share in 2020

The business jets industry has been studied for North America, Europe, Asia Pacific, Middle East, Latin America, and Africa. North America is estimated to account for the largest share of the global market in 2020. This can be attributed to the presence of a large number of high-net-worth individuals coupled with the existence of major business jet manufacturers such as Textron (US), Bombardier (Canada), and Gulfstream (US), among others.

Additionally, the availability of airports across North America enables ease in business travel across the region. Geographically, North America is the biggest region, by area, hence it is critical for business travelers to opt for the fastest mode of transport to save time, resulting in increasing demand for business jets.

Business Jet Market by Region

Key Market Players

Major players operating in the business jet market include Bombardier (Canada), Embraer  (Brazil), Textron, Inc. (US), Gulfstream (US), Airbus (Netherlands), and Boeing (US), among others. Startups such as Eviation Aircraft, Zunum Aero, and XTI aircraft are some of the companies focusing on launching and commercializing their business jets before 2025.

Scope of the Report

Report Metric

Details

Market size available for years

2017-2030

Base year considered

2019

Forecast period

2020-2030

Forecast units

Value (USD)

Segments covered

By Point of Sale, By Aircraft Type, By End Use, By System, By Range, and By Region

Geographies covered

North America, Asia Pacific, Europe, the Middle East, Latin America, and Africa

Companies covered

Bombardier (Canada), Embraer  (Brazil), Textron, Inc. (US), Gulfstream (US), Airbus (Netherlands), and Boeing (US), (Total 21 companies)

This research report categorizes the Business Jets Market based on point of sale, aircraft type, end use, system, range, and region.

By point of sale

  • OEM
  • Aftermarket

By Aircraft Type

  • Light
  • Mid-sized
  • Large
  • Airliner

End Use

  • Private
  • Operator

By System

  • OEM Systems
  • Aftermarket Systems

By Range

  • Less than 3,000 NM
  • 3,000–5,000 NM
  • More than 5,000 NM

Recent Developments

  • In May 2020, Piper Aircraft, Inc. expanded its aircraft services to Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont through Skytech Inc., a Piper Aircraft Inc. dealer that offers exceptional sales and product support by authorizing Piper service centers.
  • In December, 2019 Bombardier signed a long-term lease agreement with the Greater Toronto Airports Authority (GTAA) to build its new state-of-the art Global Manufacturing Centre at Toronto Pearson International Airport. The facility will optimize final assembly operations for all business jets, including the industry flagship Global 7500 business jet.
  • In December 2019, Dassault Aviation received an order contract from the French Defense Procurement Agency (DGA) for two Falcon 8X aircraft equipped with the Thales new-generation payload CUGE (universal electronic warfare capability) under an Archange airborne strategic intelligence program.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 36)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 MARKET SCOPE
        FIGURE 1 BUSINESS JETS MARKET SEGMENTATION
           1.3.1 REGIONAL SCOPE
           1.3.2 YEARS CONSIDERED
    1.4 CURRENCY & PRICING
    1.5 MARKET STAKEHOLDERS
    1.6 SUMMARY OF CHANGES
        FIGURE 2 BUSINESS JETS MARKET TO GROW AT A HIGHER RATE COMPARED TO PREVIOUS REPORT ESTIMATES

2 RESEARCH METHODOLOGY (Page No. - 41)
    2.1 RESEARCH DATA
        FIGURE 3 RESEARCH FLOW
        FIGURE 4 RESEARCH DESIGN: BUSINESS JETS MARKET
           2.1.1 SECONDARY DATA
                    2.1.1.1 Secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primaries
                            FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
           2.1.3 MARKET DEFINITION & SCOPE
           2.1.4 SEGMENTS AND SUBSEGMENTS
           2.1.5 SEGMENT DEFINITIONS
                    2.1.5.1 Business jets market, by aircraft type
                    2.1.5.2 Business jets market, by end use
                    2.1.5.3 Business jets market, by system
                    2.1.5.4 Business jets market, by point of sale
                    2.1.5.5 Business jets market, by range
    2.2 RESEARCH APPROACH AND METHODOLOGY
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Conventional business jets market
                    2.2.1.2 Hybrid-electric business jets market
                    2.2.1.3 Business jets aftermarket
                    2.2.1.4 Total business jets market, by range type
                    2.2.1.5 Total business jets market
                    2.2.1.6 Total business jets market, by aircraft type
                            FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    2.2.2.1 Covid-19 impact on Business Jets Market
                    2.2.2.2 Conventional business jets market, by region and country
                    2.2.2.3 Hybrid-electric business jets market, by region and country
                    2.2.2.4 Business jets aftermarket, by region and country
                    2.2.2.5 Total business jets market, by region and country
                    2.2.2.6 Business jets market, by end use
                    2.2.2.7 Business jets market, by system
                               2.2.2.7.1 OEM systems
                               2.2.2.7.2 Aftermarket systems
                    2.2.2.8 Business jets market, by point of sale
                               2.2.2.8.1 OEM
                               2.2.2.8.2 Aftermarket
                                         FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
           2.2.3 PRICING ANALYSIS
    2.3 DATA TRIANGULATION & VALIDATION
           2.3.1 TRIANGULATION THROUGH SECONDARY
           2.3.2 TRIANGULATION THROUGH PRIMARIES
                 FIGURE 8 DATA TRIANGULATION
    2.4 RESEARCH LIMITATIONS
    2.5 RESEARCH ASSUMPTIONS
           2.5.1 CONVENTIONAL BUSINESS JETS
           2.5.2 HYBRID-ELECTRIC BUSINESS JETS
           2.5.3 AFTERMARKET BUSINESS JETS
                 FIGURE 9 ASSUMPTIONS FOR THE RESEARCH STUDY
    2.6 RISKS

3 EXECUTIVE SUMMARY (Page No. - 55)
  FIGURE 10 LARGE AIRCRAFT SEGMENT PROJECTED TO LEAD BUSINESS JETS MARKET DURING FORECAST PERIOD
  FIGURE 11 OPERATORS END USE SEGMENT PROJECTED TO DOMINATE BUSINESS JETS MARKET DURING FORECAST PERIOD
  FIGURE 12 OEM SEGMENT PROJECTED TO HOLD A LARGER SHARE COMPARED TO AFTERMARKET
  FIGURE 13 MORE THAN 5,000 NM RANGE SEGMENT PROJECTED TO DOMINATE BUSINESS JETS MARKET DURING FORECAST PERIOD
  FIGURE 14 AIRCRAFT OEM SYSTEMS PROJECTED TO LEAD BUSINESS JETS MARKET DURING FORECAST PERIOD
  FIGURE 15 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF BUSINESS JETS MARKET DURING FORECAST PERIOD

4 PREMIUM INSIGHTS (Page No. - 59)
    4.1 BUSINESS JETS MARKET, 2020–2030
        FIGURE 16 RECOMMENCEMENT OF GLOBAL ECONOMIC GROWTH TO DRIVE BUSINESS JETS MARKET
    4.2 BUSINESS JETS MARKET, BY AIRCRAFT TYPE
        FIGURE 17 LARGE AIRCRAFT SEGMENT TO DOMINATE BUSINESS JETS MARKET IN FORECAST PERIOD
    4.3 BUSINESS JETS MARKET, BY END USE
        FIGURE 18 OPERATORS SEGMENT EXPECTED TO HAVE A HIGHER CAGR DURING THE FORECAST PERIOD
    4.4 BUSINESS JETS MARKET, BY COUNTRY
        FIGURE 19 BUSINESS JETS MARKET IN INDIA TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 61)
    5.1 INTRODUCTION
        FIGURE 20 NUMBER OF BUSINESS JETS DELIVERIES
    5.2 MARKET DYNAMICS
        FIGURE 21 MARKET DYNAMICS OF THE BUSINESS JETS MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Introduction of new programs
                    5.2.1.2 Recommencement of global economic growth
                    5.2.1.3 Aging fleet size
                    5.2.1.4 Increasing number of high-net-worth individuals
                            TABLE 1 RISING GLOBAL ECONOMY WILL SPUR THE DEMAND FOR BUSINESS JETS
           5.2.2 RESTRAINTS
                    5.2.2.1 Lengthy period of product certification from aviation authorities
                    5.2.2.2 Uncertainty of orders
           5.2.3 OPPORTUNITIES
                    5.2.3.1 eVTOL aircraft
                    5.2.3.2 Advent of hybrid-electric aircraft propulsion technology
                    5.2.3.3 Entry of new business jets OEMs
                    5.2.3.4 Rising demand for business jets from emerging markets
                    5.2.3.5 Increase in demand for private and chartered airplanes amidst COVID-19 outbreak
           5.2.4 CHALLENGES
                    5.2.4.1 Unavailability of infrastructure
                    5.2.4.2 Rising fuel prices
                    5.2.4.3 Economic challenges faced by OEMs of business jets market due to COVID-19 outbreak
    5.3 TECHNOLOGY ANALYSIS
           5.3.1 ON-BOARD JET WAVE TECHNOLOGY

6 INDUSTRY TRENDS (Page No. - 68)
    6.1 INTRODUCTION
    6.2 ECOSYSTEM
        FIGURE 22 ECOSYSTEM: BUSINESS JETS MARKET
    6.3 KEY INFLUENCERS
    6.4 CURRENT AND FUTURISTIC TRENDS
           6.4.1 SOPHISTICATION OF CABIN INTERIORS
                    6.4.1.1 Cabin lighting
                    6.4.1.2 IFEC
                    6.4.1.3 Cabin management systems
           6.4.2 AUTONOMOUS BUSINESS AIRCRAFT
           6.4.3 ELECTRIC PROPULSION
                    6.4.3.1 Hybrid electric propulsion system design
                            FIGURE 23 HYBRID ELECTRIC PROPULSION SYSTEM ARCHITECTURE
                    6.4.3.2 All electric propulsion system design
                            FIGURE 24 ALL ELECTRIC PROPULSION SYSTEM ARCHITECTURE
           6.4.4 URBAN AIR MOBILITY
    6.5 USE CASES
           6.5.1 TIME-SHARED BUSINESS JETS
           6.5.2 PEGASUS UNIVERSAL AEROSPACE CARRIED OUT ITS FIRST VTOL BUSINESS JET OUTING AT EBACE
    6.6 INNOVATIONS & PATENT REGISTRATIONS
        TABLE 2 INNOVATIONS & PATENT REGISTRATIONS, 2015-2016
    6.7 IMPACT OF MEGA TRENDS

7 BUSINESS JETS MARKET, BY AIRCRAFT TYPE (Page No. - 76)
    7.1 INTRODUCTION
    7.2 IMPACT OF COVID-19 ON AIRCRAFT TYPES
           7.2.1 MOST IMPACTED AIRCRAFT TYPE SEGMENT
           7.2.2 LEAST IMPACTED AIRCRAFT TYPE SEGMENT
                 FIGURE 25 BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020 & 2030 (USD MILLION)
                 TABLE 3 BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                 TABLE 4 BUSINESS JETS MARKET, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
    7.3 LIGHT
           7.3.1 RISING DEMAND FOR INEXPENSIVE ULTRA-SHORT-HAUL JOURNEYS IS DRIVING THE GROWTH OF THE LIGHT SEGMENT
                 TABLE 5 LIGHT BUSINESS JETS MARKET SIZE, BY REGION, 2017–2019 (USD MILLION)
                 TABLE 6 LIGHT BUSINESS JETS MARKET SIZE, BY REGION, 2020–2030 (USD MILLION)
    7.4 MID-SIZED
           7.4.1 INCREASE IN INTERCITY TRAVEL IS DRIVING THE MARKET FOR MID-SIZED BUSINESS JETS
                 TABLE 7 MID-SIZED BUSINESS JETS MARKET SIZE, BY REGION, 2017–2019 (USD MILLION)
                 TABLE 8 MID-SIZED BUSINESS JETS MARKET SIZE, BY REGION, 2020–2030 (USD MILLION)
    7.5 LARGE
           7.5.1 INCREASE IN THE CUSTOMIZATION AND HIGH DEMAND FOR EXTRA RANGE IN BUSINESS AVIATION IS DRIVING THE MARKET FOR LARGE BUSINESS JETS
                 TABLE 9 LARGE BUSINESS JETS MARKET SIZE, BY REGION, 2017–2019 (USD MILLION)
                 TABLE 10 LARGE BUSINESS JETS MARKET SIZE, BY REGION, 2020–2030 (USD MILLION)
    7.6 AIRLINERS
           7.6.1 INCREASING DEMAND FOR VVIP TRAVEL IS DRIVING THE AIRLINERS SEGMENT
                 TABLE 11 AIRLINER BUSINESS JETS MARKET SIZE, BY REGION, 2017–2019 (USD MILLION)
                 TABLE 12 AIRLINER BUSINESS JETS MARKET SIZE, BY REGION, 2020–2030 (USD MILLION)

8 BUSINESS JETS MARKET, BY END USE (Page No. - 83)
    8.1 INTRODUCTION
    8.2 IMPACT OF COVID-19 ON END USE OF BUSINESS JETS
           8.2.1 MOST IMPACTED END USE SEGMENT
           8.2.2 LEAST IMPACTED END USE SEGMENT
                 FIGURE 26 BUSINESS JETS MARKET SIZE, BY END USE, 2020 & 2030 (USD MILLION)
                 TABLE 13 BUSINESS JETS MARKET, BY END-USE, 2017–2019 (USD MILLION)
                 TABLE 14 BUSINESS JETS MARKET, BY END-USE, 2020–2030 (USD MILLION)
    8.3 PRIVATE
           8.3.1 INCREASING USE FOR PERSONAL, CORPORATE, AND GOVERNMENTAL PURPOSES IS EXPECTED TO DRIVE THE PRIVATE SEGMENT
                 TABLE 15 BUSINESS JETS MARKET FOR PRIVATE, BY REGION, 2017–2019 (USD MILLION)
                 TABLE 16 BUSINESS JETS MARKET FOR PRIVATE, BY REGION, 2020–2030 (USD MILLION)
    8.4 OPERATOR
           8.4.1 CHARTER SERVICES AND JET CARD PROGRAMS DRIVING THE DEMAND FOR BUSINESS JETS BY OPERATORS
                 TABLE 17 BUSINESS JETS MARKET FOR OPERATOR, BY REGION, 2017–2019 (USD MILLION)
                 TABLE 18 BUSINESS JETS MARKET FOR OPERATOR, BY REGION, 2020–2030 (USD MILLION)

9 BUSINESS JETS MARKET, BY POINT OF SALE (Page No. - 88)
    9.1 INTRODUCTION
    9.2 IMPACT OF COVID-19 ON POINT OF SALE OF BUSINESS JETS
           9.2.1 MOST IMPACTED POINT OF SALE SEGMENT
           9.2.2 LEAST IMPACTED POINT OF SALE SEGMENT
                 FIGURE 27 BUSINESS JETS MARKET, BY POINT OF SALE, 2020 & 2030 (USD MILLION)
                 TABLE 19 BUSINESS JETS MARKET, BY POINT OF SALE, 2017–2019 (USD MILLION)
                 TABLE 20 BUSINESS JETS MARKET, BY POINT OF SALE, 2020–2030 (USD MILLION)
    9.3 OEM
        TABLE 21 OEM MARKET SIZE, BY PROPULSION TYPE, 2017–2019 (USD MILLION)
        TABLE 22 OEM MARKET SIZE, BY PROPULSION TYPE, 2020–2030 (USD MILLION)
           9.3.1 CONVENTIONAL
                    9.3.1.1 Increasing demand for business flights is estimated to drive the conventional segment
           9.3.2 HYBRID-ELECTRIC
                    9.3.2.1 Electrification of aircraft is estimated to drive the demand for hybrid electric propulsion in the business jets market
    9.4 AFTERMARKET
        TABLE 23 BUSINESS JETS AFTERMARKET SIZE, BY OPERATIONS, 2017–2019 (USD MILLION)
        TABLE 24 BUSINESS JETS AFTERMARKET SIZE, BY OPERATIONS, 2020–2030 (USD MILLION)
           9.4.1 MAINTENANCE, REPAIR, AND OVERHAUL (MRO)
                    9.4.1.1 Increasing maintenance and overhaul of existing business jets fleet is expected to drive the growth of the MRO segment
           9.4.2 PARTS REPLACEMENT
                    9.4.2.1 Increase in business jet flight hours is among the factors contributing to the demand for retrofit parts for aircraft

10 BUSINESS JETS MARKET, BY RANGE (Page No. - 94)
     10.1 INTRODUCTION
          FIGURE 28 BUSINESS JETS MARKET SIZE, BY RANGE, 2020 & 2030 (USD MILLION)
          TABLE 25 BUSINESS JETS MARKET SIZE, BY RANGE, 2017–2019 (USD MILLION)
          TABLE 26 BUSINESS JETS MARKET SIZE, BY RANGE, 2020–2030 (USD MILLION)
     10.2 LESS THAN 3,000 NM
             10.2.1 RISING DEMAND FOR INEXPENSIVE ULTRA-SHORT-HAUL FLIGHTS DRIVES THE SEGMENT
                    TABLE 27 LESS THAN 3,000 NM: BUSINESS JETS MARKET SIZE, BY REGION, 2017–2019 (USD MILLION)
                    TABLE 28 LESS THAN 3,000 NM: BUSINESS JETS MARKET SIZE, BY REGION, 2020–2030 (USD MILLION)
     10.3 3,000–5,000 NM
             10.3.1 INCREASE IN INTERCITY TRAVEL DRIVES MARKET FOR MID-SIZED BUSINESS JETS
                    TABLE 29 3,000–5,000 NM: BUSINESS JETS MARKET SIZE, BY REGION, 2017–2019 (USD MILLION)
                    TABLE 30 3,000–5,000 NM: BUSINESS JETS MARKET SIZE, BY REGION, 2020–2030 (USD MILLION)
     10.4 MORE THAN 5,000 NM
             10.4.1 INCREASE IN VVIP TRAVEL ACROSS THE GLOBE BOOSTS SEGMENT GROWTH
                    TABLE 31 MORE THAN 5,000 NM: BUSINESS JETS MARKET SIZE, BY REGION, 2017–2019 (USD MILLION)
                    TABLE 32 MORE THAN 5,000 NM: BUSINESS JETS MARKET SIZE, BY REGION, 2020–2030 (USD MILLION)

11 BUSINESS JETS MARKET, BY SYSTEM (Page No. - 100)
     11.1 INTRODUCTION
          TABLE 33 BUSINESS JETS MARKET, BY SYSTEMS, 2017–2019 (USD MILLION)
          TABLE 34 BUSINESS JETS MARKET, BY SYSTEMS, 2020–2030 (USD MILLION)
     11.2 OEM SYSTEMS
          TABLE 35 BUSINESS JETS OEM SYSTEMS MARKET, BY SYSTEMS, 2017–2019 (USD MILLION)
          TABLE 36 BUSINESS JETS OEM SYSTEMS MARKET, BY SYSTEMS, 2020–2030 (USD MILLION)
             11.2.1 AEROSTRUCTURES
                    TABLE 37 AEROSTRUCTURES MARKET, BY SUBSYSTEM, BY SUBSYSTEM, 2017–2019 (USD MILLION)
                    TABLE 38 AEROSTRUCTURES MARKET, BY SUBSYSTEM, BY SUBSYSTEM, 2020–2030 (USD MILLION)
                        11.2.1.1 Fuselage
                                     11.2.1.1.1 Increase in demand for monocoque fuselage is driving the growth of the fuselage segment
                        11.2.1.2 Empennage
                                     11.2.1.2.1 Demand for safer rides is driving the empennage segment
                        11.2.1.3 Flight control surfaces
                                     11.2.1.3.1 Ease maneuverability of aircraft aided by flight control surfaces is expected to drive the growth of flight control surfaces segment
                        11.2.1.4 Wings
                                     11.2.1.4.1 Introduction of lightweight wings is driving the growth of wings segment
                        11.2.1.5 Nacelle and pylon
                                     11.2.1.5.1 Advancements in aerospace materials are resulting in the development of high strength nacelle and pylon
                        11.2.1.6 Nose
                                     11.2.1.6.1 Increasing need to enhance the aerodynamics of business jets is driving the nose segment
             11.2.2 AVIONICS
                    TABLE 39 AVIONICS MARKET, BY SUBSYSTEM, 2017–2019 (USD MILLION)
                    TABLE 40 AVIONICS MARKET, BY SUBSYSTEM, 2020–2030 (USD MILLION)
                        11.2.2.1 Flight management systems
                                     11.2.2.1.1 Need to smoothen flight planning operations is driving the demand for flight management systems
                        11.2.2.2 Communication systems
                                     11.2.2.2.1 The expected commercialization of 5G in business aviation is likely to drive the demand for communication systems
                        11.2.2.3 Navigation systems
                                     11.2.2.3.1 Growing need for autonomous navigation is driving the navigation systems segment
                        11.2.2.4 Software
                                     11.2.2.4.1 Development of analytical software algorithms is driving the demand for software for business jets
             11.2.3 AIRCRAFT SYSTEMS
                    TABLE 41 AIRCRAFT SYSTEMS MARKET, BY SUBSYSTEM, 2017–2019 (USD MILLION)
                    TABLE 42 AIRCRAFT SYSTEMS MARKET, BY SUBSYSTEM, 2020–2030 (USD MILLION)
                        11.2.3.1 Hydraulic systems
                                     11.2.3.1.1 Requirement of hydraulics for heavy-duty applications in business jets is expected to drive the growth of hydraulic systems segment
                        11.2.3.2 Pneumatic systems
                                     11.2.3.2.1 Increasing demand for aircraft valves is expected to drive the pneumatic systems segment
                        11.2.3.3 Environmental control systems
                                     11.2.3.3.1 Increasing demand for enhanced passenger comfort is expected to drive the environmental control systems segment
                        11.2.3.4 Emergency systems
                                     11.2.3.4.1 Growing awareness regarding aircraft safety is expected to drive the demand for emergency systems
                        11.2.3.5 Electrical systems
                                     11.2.3.5.1 Increasing demand for more electric aircraft is driving the growth of electrical systems
                        11.2.3.6 Propulsion systems
                                     11.2.3.6.1 Introduction of hybrid propulsion is driving the demand for propulsion systems
                        11.2.3.7 Landing systems
                                     11.2.3.7.1 Electrification of landing systems is expected to drive the growth of the landing systems segment
             11.2.4 CABIN INTERIORS
                    TABLE 43 CABIN INTERIORS MARKET, BY SUBSYSTEM, 2017–2019 (USD MILLION)
                    TABLE 44 CABIN INTERIORS MARKET, BY SUBSYSTEM, 2020–2030 (USD MILLION)
                        11.2.4.1 Seats
                                     11.2.4.1.1 Demand for enhanced passenger comfort and growing preference for electric seats are expected to drive the seats segment
                        11.2.4.2 IFEC
                                     11.2.4.2.1 Increasing demand for internet connectivity during air travel is driving the IFEC segment
                        11.2.4.3 Galley
                                     11.2.4.3.1 Customization of galley components is expected to drive the growth of the galley segment
                        11.2.4.4 Panels
                                     11.2.4.4.1 Panels provide support to internal wires and critical systems in business jets
                        11.2.4.5 Stowage bins
                                     11.2.4.5.1 Demand for extra luggage space is expected to drive the stowage bins segment
                        11.2.4.6 Lavatory
                                     11.2.4.6.1 Increase in the demand for high-tech lavatories in business jets is expected to drive the growth of the lavatory segment
             11.2.5 DOORS, WINDOWS, AND WINDSHIELDS
     11.3 AFTERMARKET SYSTEMS
          TABLE 45 BUSINESS JETS AFTERMARKET, BY SYSTEMS, 2017–2019 (USD MILLION)
          TABLE 46 BUSINESS JETS AFTERMARKET, BY SYSTEMS, 2020–2030 (USD MILLION)
             11.3.1 AEROSTRUCTURES
             11.3.2 AVIONICS
                        11.3.2.1 Flight management systems
                        11.3.2.2 Communication systems
                        11.3.2.3 Navigation systems
                        11.3.2.4 Software
             11.3.3 AIRCRAFT SYSTEMS
                    TABLE 47 AIRCRAFT SYSTEMS AFTERMARKET, BY SUBSYSTEM, 2017–2019 (USD MILLION)
                    TABLE 48 AIRCRAFT SYSTEMS AFTERMARKET, BY SUBSYSTEM, 2020–2030 (USD MILLION)
                        11.3.3.1 Hydraulic systems
                        11.3.3.2 Pneumatic systems
                        11.3.3.3 Environmental control
                        11.3.3.4 Emergency systems
                        11.3.3.5 Electrical systems
                        11.3.3.6 Propulsion systems
                        11.3.3.7 Landing systems
             11.3.4 CABIN INTERIORS
                    TABLE 49 CABIN INTERIORS AFTERMARKET, BY SUBSYSTEM, 2017–2019 (USD MILLION)
                    TABLE 50 CABIN INTERIORS AFTERMARKET, BY SUBSYSTEM, 2020–2030 (USD MILLION)
                        11.3.4.1 Seats
                        11.3.4.2 IFEC
                        11.3.4.3 Galley
                        11.3.4.4 Panels
                        11.3.4.5 Stowage bins
                        11.3.4.6 Lavatory
             11.3.5 DOORS, WINDOWS, AND WINDSHIELDS

12 BUSINESS JETS SERVICES MARKET (Page No. - 117)
     12.1 INTRODUCTION
          FIGURE 29 MAJOR PLAYERS IN BUSINESS JETS SERVICES MARKET
     12.2 BUSINESS JETS SERVICES MARKET, BY TYPE
          FIGURE 30 FACTORS IMPACTING COST OF BUSINESS JETS
          FIGURE 31 BUSINESS JETS SERVICES PREFERENCE FOR TRAVEL COST OPTIMIZATION
             12.2.1 CHARTER SERVICES
                        12.2.1.1 Shared private jet services to help optimize charter fleet operations
             12.2.2 JET CARD PROGRAMS
                        12.2.2.1 Debit as you fly program
             12.2.3 FRACTIONAL OWNERSHIP
                        12.2.3.1 Shared ownership with the benefits of charter service
     12.3 AIRCRAFT MANAGEMENT SERVICES
     12.4 BUSINESS JETS SERVICES MARKET, BY LEASING TYPE
             12.4.1 WET LEASE
                        12.4.1.1 Leasing an aircraft with all supporting services – short term lease
             12.4.2 DRY LEASE
                        12.4.2.1 Lease an aircraft with no additional services – Long term lease
                                 TABLE 51 AVERAGE MONTHLY DRY LEASING PRICE FOR BUSINESS JETS
     12.5 REFORMATIONS IN THE BUSINESS JETS SERVICES MARKET AMIDST COVID-19

13 REGIONAL ANALYSIS (Page No. - 125)
     13.1 INTRODUCTION
     13.2 IMPACT OF COVID-19 ON BUSINESS JETS MARKET, BY REGION
     13.3 3 GLOBAL SCENARIOS OF BUSINESS JETS MARKET
          FIGURE 32 3 GLOBAL SCENARIOS OF BUSINESS JETS MARKET
          FIGURE 33 NORTH AMERICA ESTIMATED TO ACCOUNT FOR THE LARGEST SHARE OF THE BUSINESS JETS MARKET IN 2020
          TABLE 52 BUSINESS JETS MARKET SIZE, BY REGION, 2017–2019 (USD MILLION)
          TABLE 53 BUSINESS JETS MARKET SIZE, BY REGION, 2020–2030 (USD MILLION)
     13.4 NORTH AMERICA
             13.4.1 COVID-19 RESTRICTIONS IN NORTH AMERICA
             13.4.2 PESTLE ANALYSIS: NORTH AMERICA
                    FIGURE 34 NORTH AMERICA BUSINESS JETS MARKET SNAPSHOT
                    TABLE 54 NORTH AMERICA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                    TABLE 55 NORTH AMERICA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                    TABLE 56 NORTH AMERICA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                    TABLE 57 NORTH AMERICA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
                    TABLE 58 NORTH AMERICA BUSINESS JETS MARKET SIZE, BY END USE, 2017–2019 (USD MILLION)
                    TABLE 59 NORTH AMERICA BUSINESS JETS MARKET SIZE, BY END USE, 2020–2030 (USD MILLION)
                    TABLE 60 NORTH AMERICA BUSINESS JETS MARKET SIZE, BY RANGE, 2017–2019 (USD MILLION)
                    TABLE 61 NORTH AMERICA BUSINESS JETS MARKET SIZE, BY RANGE, 2020–2030 (USD MILLION)
                    TABLE 62 NORTH AMERICA BUSINESS JETS MARKET SIZE, BY COUNTRY, 2017–2019 (USD MILLION)
                    TABLE 63 NORTH AMERICA BUSINESS JETS MARKET SIZE, BY COUNTRY, 2020–2030 (USD MILLION)
             13.4.3 US
                        13.4.3.1 Increased investments on business jets electrification technologies are driving the growth of the US market
                                 TABLE 64 US BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 65 US BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 66 US BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 67 US BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.4.4 CANADA
                        13.4.4.1 Increasing deliveries of business jets by Canada-based Bombardier is driving the Canadian market
                                 TABLE 68 CANADA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 69 CANADA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 70 CANADA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 71 CANADA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
     13.5 EUROPE
             13.5.1 COVID-19 RESTRICTIONS IN EUROPE
             13.5.2 PESTLE ANALYSIS: EUROPE
                    FIGURE 35 EUROPE BUSINESS JETS MARKET SNAPSHOT
                    TABLE 72 EUROPE BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                    TABLE 73 EUROPE BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                    TABLE 74 EUROPE BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                    TABLE 75 EUROPE BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
                    TABLE 76 EUROPE BUSINESS JETS MARKET SIZE, BY END USE, 2017–2019 (USD MILLION)
                    TABLE 77 EUROPE BUSINESS JETS MARKET SIZE, BY END USE, 2020–2030 (USD MILLION)
                    TABLE 78 EUROPE BUSINESS JETS MARKET SIZE, BY RANGE, 2017–2019 (USD MILLION)
                    TABLE 79 EUROPE BUSINESS JETS MARKET SIZE, BY RANGE, 2020–2030 (USD MILLION)
                    TABLE 80 EUROPE BUSINESS JETS MARKET SIZE, BY COUNTRY, 2017–2019 (USD MILLION)
                    TABLE 81 EUROPE BUSINESS JETS MARKET SIZE, BY COUNTRY, 2020–2030 (USD MILLION)
             13.5.3 GERMANY
                        13.5.3.1 Rapid developments in the infrastructure for urban air mobility are driving the growth of the business jets market in Germany
                                 TABLE 82 GERMANY BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 83 GERMANY BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 84 GERMANY BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 85 GERMANY BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.5.4 UK
                        13.5.4.1 Increasing adoption of business jets for domestic air transportation is driving the UK business jets market
                                 TABLE 86 UK BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 87 UK BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 88 UK BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 89 UK BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.5.5 FRANCE
                        13.5.5.1 Increasing deliveries of business jets by Airbus and Dassault Aviation are driving the business jets market in France
                                 TABLE 90 FRANCE BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 91 FRANCE BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 92 FRANCE BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 93 FRANCE BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.5.6 SWITZERLAND
                        13.5.6.1 Rapid developments in the infrastructure for urban air mobility are driving the growth of the business jets market in Switzerland
                                 TABLE 94 SWITZERLAND BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 95 SWITZERLAND BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 96 SWITZERLAND BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 97 SWITZERLAND BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.5.7 RUSSIA
                        13.5.7.1 Increasing demand for Sukhoi Superjet 100 is driving the growth of the business jets market in Russia
                                 TABLE 98 RUSSIA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 99 RUSSIA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 100 RUSSIA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 101 RUSSIA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.5.8 ITALY
                        13.5.8.1 Increasing business jet deliveries and growing VVIP air travel in the region are driving the growth of the market
                                 TABLE 102 ITALY BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 103 ITALY BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 104 ITALY BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 105 ITALY BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.5.9 SPAIN
                        13.5.9.1 Increasing business jet deliveries and growing VVIP air travel in the region are driving the growth of the market in Spain
                                 TABLE 106 SPAIN BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 107 SPAIN BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 108 SPAIN BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 109 SPAIN BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.5.10 REST OF EUROPE
                        13.5.10.1 Increasing business jet deliveries and growing VVIP air travel in the region are driving the growth of the market in Rest of Europe
                                 TABLE 110 REST OF EUROPE BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 111 REST OF EUROPE BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 112 REST OF EUROPE BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 113 REST OF EUROPE BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
     13.6 ASIA PACIFIC
             13.6.1 ASIA PACIFIC COVID-19 RESTRICTIONS
             13.6.2 PESTLE ANALYSIS: ASIA PACIFIC
                    FIGURE 36 ASIA PACIFIC BUSINESS JETS MARKET SNAPSHOT
                    TABLE 114 ASIA PACIFIC BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                    TABLE 115 ASIA PACIFIC BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                    TABLE 116 ASIA PACIFIC BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                    TABLE 117 ASIA PACIFIC BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
                    TABLE 118 ASIA PACIFIC BUSINESS JETS MARKET SIZE, BY END USE, 2017–2019 (USD MILLION)
                    TABLE 119 ASIA PACIFIC BUSINESS JETS MARKET SIZE, BY END USE, 2020–2030 (USD MILLION)
                    TABLE 120 ASIA PACIFIC BUSINESS JETS MARKET SIZE, BY RANGE, 2017–2019 (USD MILLION)
                    TABLE 121 ASIA PACIFIC BUSINESS JETS MARKET SIZE, BY RANGE, 2020–2030 (USD MILLION)
                    TABLE 122 ASIA PACIFIC BUSINESS JETS MARKET SIZE, BY COUNTRY, 2017–2019 (USD MILLION)
                    TABLE 123 ASIA PACIFIC BUSINESS JETS MARKET SIZE, BY COUNTRY, 2020–2030 (USD MILLION)
             13.6.3 CHINA
                        13.6.3.1 Introduction of CBJ business jets by COMAC is driving the business jets market in China
                                 TABLE 124 CHINA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 125 CHINA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 126 CHINA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 127 CHINA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.6.4 AUSTRALIA
                        13.6.4.1 Growth of the tourism industry in the country is driving the business jets market in Australia
                                 TABLE 128 AUSTRALIA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 129 AUSTRALIA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 130 AUSTRALIA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 131 AUSTRALIA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.6.5 INDIA
                        13.6.5.1 Upcoming reforms in the Indian aviation sector for intercountry air connectivity are expected to drive the Indian business jets market
                                 TABLE 132 INDIA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 133 INDIA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 134 INDIA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 135 INDIA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.6.6 SINGAPORE
                        13.6.6.1 R&D activities on eVTOL aircraft are driving the business jets market
                                 TABLE 136 SINGAPORE BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 137 SINGAPORE BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 138 SINGAPORE BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 139 SINGAPORE BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.6.7 JAPAN
                        13.6.7.1 Rapid commercialization of business jets by Honda Jets and Mitsubishi Aircraft Corporation is driving the Japanese business jets market
                                 TABLE 140 JAPAN BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 141 JAPAN BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 142 JAPAN BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 143 JAPAN BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.6.8 REST OF ASIA PACIFIC
                        13.6.8.1 VIP business and leisure air travel are driving the demand for business jets in Rest of Asia Pacific
                                 TABLE 144 REST OF ASIA PACIFIC BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 145 REST OF ASIA PACIFIC BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 146 REST OF ASIA PACIFIC BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 147 REST OF ASIA PACIFIC BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
     13.7 MIDDLE EAST
             13.7.1 MIDDLE EAST COVID-19 RESTRICTIONS
             13.7.2 PESTLE ANALYSIS: MIDDLE EAST
                    TABLE 148 MIDDLE EAST BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                    TABLE 149 MIDDLE EAST BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                    TABLE 150 MIDDLE EAST BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                    TABLE 151 MIDDLE EAST BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
                    TABLE 152 MIDDLE EAST BUSINESS JETS MARKET SIZE, BY END USE, 2017–2019 (USD MILLION)
                    TABLE 153 MIDDLE EAST BUSINESS JETS MARKET SIZE, BY END USE, 2020–2030 (USD MILLION)
                    TABLE 154 MIDDLE EAST BUSINESS JETS MARKET SIZE, BY RANGE, 2017–2019 (USD MILLION)
                    TABLE 155 MIDDLE EAST BUSINESS JETS MARKET SIZE, BY RANGE, 2020–2030 (USD MILLION)
                    TABLE 156 MIDDLE EAST BUSINESS JETS MARKET SIZE, BY COUNTRY, 2017–2019 (USD MILLION)
                    TABLE 157 MIDDLE EAST BUSINESS JETS MARKET SIZE, BY COUNTRY, 2020–2030 (USD MILLION)
             13.7.3 UAE
                        13.7.3.1 Huge demand for business jets from the tourism sector in the country is driving the UAE business jets market
                                 TABLE 158 UAE BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 159 UAE BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 160 UAE BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 161 UAE BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.7.4 SAUDI ARABIA
                        13.7.4.1 Rise in the deliveries of business jets in the country is expected to drive the business jets market in Saudi Arabia
                                 TABLE 162 SAUDI ARABIA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 163 SAUDI ARABIA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 164 SAUDI ARABIA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 165 SAUDI ARABIA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.7.5 TURKEY
                        13.7.5.1 The country is an emerging aviation hub at the intersection of Europe which will drive the business jets market during the forecast period
                                 TABLE 166 TURKEY BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 167 TURKEY BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 168 TURKEY BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 169 TURKEY BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.7.6 QATAR
                        13.7.6.1 VVIP travel is a major factor supporting the growth of the business jets market in Qatar
                                 TABLE 170 QATAR BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 171 QATAR BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 172 QATAR BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 173 QATAR BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.7.7 KUWAIT
                        13.7.7.1 Increasing number of VVIP flights is driving the growth of the Kuwait business jets market
                                 TABLE 174 KUWAIT BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 175 KUWAIT BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 176 KUWAIT BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 177 KUWAIT BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.7.8 REST OF MIDDLE EAST
                        13.7.8.1 Tourism in the region is driving the growth of the rest of Middle East business jets market
                                 TABLE 178 REST OF MIDDLE EAST BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 179 REST OF MIDDLE EAST BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 180 REST OF MIDDLE EAST BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 181 REST OF MIDDLE EAST BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
     13.8 LATIN AMERICA
             13.8.1 LATIN AMERICA COVID-19 RESTRICTIONS
             13.8.2 PESTLE ANALYSIS: LATIN AMERICA
                    TABLE 182 LATIN AMERICA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                    TABLE 183 LATIN AMERICA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                    TABLE 184 LATIN AMERICA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                    TABLE 185 LATIN AMERICA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
                    TABLE 186 LATIN AMERICA BUSINESS JETS MARKET SIZE, BY END USE, 2017–2019 (USD MILLION)
                    TABLE 187 LATIN AMERICA BUSINESS JETS MARKET SIZE, BY END USE, 2020–2030 (USD MILLION)
                    TABLE 188 LATIN AMERICA BUSINESS JETS MARKET SIZE, BY RANGE, 2017–2019 (USD MILLION)
                    TABLE 189 LATIN AMERICA BUSINESS JETS MARKET SIZE, BY RANGE, 2020–2030 (USD MILLION)
                    TABLE 190 LATIN AMERICA BUSINESS JETS MARKET SIZE, BY COUNTRY, 2017–2019 (USD MILLION)
                    TABLE 191 LATIN AMERICA BUSINESS JETS MARKET SIZE, BY COUNTRY, 2020–2030 (USD MILLION)
             13.8.3 BRAZIL
                        13.8.3.1 Increase in deliveries of business jets in the country is driving the Brazilian business jets market
                                 TABLE 192 BRAZIL BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 193 BRAZIL BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 194 BRAZIL BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 195 BRAZIL BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.8.4 MEXICO
                        13.8.4.1 Increasing VVIP travel and presence of business jets MRO companies are driving the Mexican business jets market
                                 TABLE 196 MEXICO BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 197 MEXICO BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 198 MEXICO BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 199 MEXICO BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
             13.8.5 REST OF LATIN AMERICA
                        13.8.5.1 Increase in VVIP flights in the region is driving the growth of the REST OF Latin America business jets market
                                 TABLE 200 REST OF LATIN AMERICA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                                 TABLE 201 REST OF LATIN AMERICA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                                 TABLE 202 REST OF LATIN AMERICA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                                 TABLE 203 REST OF LATIN AMERICA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
     13.9 AFRICA
             13.9.1 AFRICA COVID-19 RESTRICTIONS
             13.9.2 PESTLE ANALYSIS: AFRICA
                    TABLE 204 AFRICA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2017–2019 (USD MILLION)
                    TABLE 205 AFRICA BUSINESS JETS MARKET SIZE, BY AIRCRAFT TYPE, 2020–2030 (USD MILLION)
                    TABLE 206 AFRICA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2017–2019 (USD MILLION)
                    TABLE 207 AFRICA BUSINESS JETS MARKET SIZE, BY POINT OF SALE, 2020–2030 (USD MILLION)
                    TABLE 208 AFRICA BUSINESS JETS MARKET SIZE, BY END USE, 2017–2019 (USD MILLION)
                    TABLE 209 AFRICA BUSINESS JETS MARKET SIZE, BY END USE, 2020–2030 (USD MILLION)
                    TABLE 210 AFRICA BUSINESS JETS MARKET SIZE, BY RANGE, 2017–2019 (USD MILLION)
                    TABLE 211 AFRICA BUSINESS JETS MARKET SIZE, BY RANGE, 2020–2030 (USD MILLION)

14 COMPETITIVE LANDSCAPE (Page No. - 196)
     14.1 INTRODUCTION
          FIGURE 37 COMPANIES ADOPTED CONTRACTS AS A KEY GROWTH STRATEGY BETWEEN JANUARY 2018 AND JULY 2020
     14.2 MARKET SHARE ANALYSIS
          FIGURE 38 MARKET SHARE ANALYSIS OF BUSINESS JET MANUFACTURERS (2019)
     14.3 COMPETITIVE SCENARIO
             14.3.1 CONTRACTS AND AGREEMENTS
                    TABLE 212 CONTRACTS, JANUARY 2018–JUNE 2020
             14.3.2 NEW PRODUCT LAUNCHES
                    TABLE 213 NEW PRODUCT LAUNCHES, JANUARY 2018–DECEMBER 2019
             14.3.3 INVESTMENT, CERTIFICATION, AND EXPANSION
                    TABLE 214 INVESTMENT, CERTIFICATION, AND EXPANSION, JANUARY 2018–JUNE 2020
             14.3.4 OTHER STRATEGIES
                    TABLE 215 OTHER STRATEGIES, JANUARY 2018–DECEMBER 2019

15 COMPANY EVALUATION AND COMPANY PROFILES (Page No. - 205)
     15.1 COMPETITIVE ANALYSIS
             15.1.1 BUSINESS JETS MARKET COMPETITIVE LEADERSHIP MAPPING (OVERALL MARKET)
                        15.1.1.1 Star
                        15.1.1.2 Emerging Leaders
                        15.1.1.3 Pervasive
                        15.1.1.4 Emerging companies
                                 FIGURE 39 BUSINESS JETS MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019
     15.2 STRENGTH OF PRODUCT PORTFOLIO
          FIGURE 40 STRENGTH OF PRODUCT PORTFOLIO OF MAJOR PLAYERS IN BUSINESS JETS
     15.3 BUSINESS STRATEGY EXCELLENCE
          FIGURE 41 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN BUSINESS JETS
             15.3.1 BUSINESS JETS MARKET COMPETITIVE LEADERSHIP MAPPING (STARTUPS)
                        15.3.1.1 Progressive companies
                        15.3.1.2 Responsive companies
                        15.3.1.3 Dynamic companies
                        15.3.1.4 Starting blocks
                                 FIGURE 42 BUSINESS JETS MARKET (STARTUPS) COMPETITIVE LEADERSHIP MAPPING, 2019
     15.4 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
             15.4.1 TEXTRON INC.
                    FIGURE 43 TEXTRON INC.: COMPANY SNAPSHOT
             15.4.2 EMBRAER S.A.
                    FIGURE 44 EMBRAER S.A.: COMPANY SNAPSHOT
             15.4.3 GULFSTREAM AEROSPACE
             15.4.4 PILATUS AIRCRAFT
                    FIGURE 45 PILATUS AIRCRAFT: COMPANY SNAPSHOT
             15.4.5 BOEING
                    FIGURE 46 BOEING: COMPANY SNAPSHOT
             15.4.6 AIRBUS
                        15.4.6.1 Business overview
                                 FIGURE 47 AIRBUS: COMPANY SNAPSHOT
                        15.4.6.2 Products offered
                        15.4.6.3 Recent developments
                        15.4.6.4 SWOT analysis
                        15.4.6.5 MNM view
             15.4.7 BOMBARDIER, INC.
                    FIGURE 48 BOMBARDIER INC.: COMPANY SNAPSHOT
             15.4.8 DASSAULT AVIATION
                    FIGURE 49 DASSAULT AVIATION: COMPANY SNAPSHOT
             15.4.9 HONDA AIRCRAFT COMPANY
             15.4.10 SYBERJET AIRCRAFT
             15.4.11 PIPER AIRCRAFT INC.
             15.4.12 STARTUPS
                        15.4.12.1 Volocopter GMBH
                        15.4.12.2 Eviation aircraft
                        15.4.12.3 Zunum aero
                        15.4.12.4 Lilium GMBH
                        15.4.12.5 Joby aviation
                        15.4.12.6 Karem aircraft inc.
                        15.4.12.7 Lift
                        15.4.12.8 Xti aircraft
                        15.4.12.9 Samad aerospace
                        15.4.12.10 One aviation corporation

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.

16 BUSINESS JETS ADJACENT MARKETS (Page No. - 241)
     16.1 INTRODUCTION
     16.2 ULTRALIGHT AND LIGHT AIRCRAFT, BY AIRCRAFT TYPE
          FIGURE 50 ULTRALIGHT AND LIGHT AIRCRAFT MARKET SIZE, BY AIRCRAFT TYPE, 2018–2030 (USD MILLION)
          TABLE 216 ULTRALIGHT AND LIGHT AIRCRAFT MARKET SIZE, BY AIRCRAFT TYPE, 2016–2030 (USD MILLION)
             16.2.1 ULTRALIGHT AIRCRAFT
                        16.2.1.1 Lenient pilot license requirements
                                 TABLE 217 ULTRALIGHT AIRCRAFT MARKET SIZE, BY REGION, 2016–2030 (USD MILLION)
             16.2.2 LIGHT AIRCRAFT
                        16.2.2.1 Majorly used for intercity travel
                                 TABLE 218 LIGHT AIRCRAFT MARKET SIZE, BY REGION, 2016–2030 (USD MILLION)
     16.3 HELICOPTERS MARKET, BY APPLICATION
          FIGURE 51 CIVIL & COMMERCIAL HELICOPTERS APPLICATION MARKET SIZE, 2020 & 2025 (USD MILLION)
          TABLE 219 HELICOPTERS OEM MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION)
          TABLE 220 HELICOPTERS OEM MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
             16.3.1 CIVIL & COMMERCIAL
                    TABLE 221 CIVIL & COMMERCIAL HELICOPTERS OEM MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION)
                    TABLE 222 CIVIL & COMMERCIAL HELICOPTERS OEM MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
                    TABLE 223 CIVIL & COMMERCIAL APPLICATION HELICOPTERS OEM MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 224 CIVIL & COMMERCIAL APPLICATION HELICOPTERS OEM MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
                        16.3.1.1 Transport helicopters
                        16.3.1.2 Emergency rescue & medical support helicopters
                        16.3.1.3 Civil utility helicopters
                        16.3.1.4 Offshore helicopters
     16.4 URBAN AIR MOBILITY MARKET, BY COMPONENT
          FIGURE 52 PLATFORM SEGMENT PROJECTED TO LEAD URBAN AIR MOBILITY MARKET FROM IN 2018
          TABLE 225 URBAN AIR MOBILITY MARKET SIZE, BY COMPONENT, 2016-2030 (USD MILLION)
          TABLE 226 URBAN AIR MOBILITY PLATFORM MARKET SIZE, BY APPLICATION, 2016-2030 (USD MILLION)
             16.4.1 PLATFORM
                        16.4.1.1 Air Taxi
                                     16.4.1.1.1 Air Taxis using eVTOL aircraft are expected to commercialize in the coming years
                                                TABLE 227 MAJOR DEVELOPMENTS IN THE FIELD OF AIR TAXIES
                        16.4.1.2 Passenger aerial vehicle
                                     16.4.1.2.1 Increasing disposal income in urban areas coupled with the development of smart cities has resulted in the development of passenger aerial vehicles for intracity and intercity transportation
                        16.4.1.3 Cargo aerial vehicle
                                     16.4.1.3.1 Technologies such as AI (Artificial Intelligence), wireless charging, and automated ground control station are required for the implementation of drone logistics solutions
                        16.4.1.4 Air ambulance
                                     16.4.1.4.1 Healthcare industry is expected to witness a disruptive change with the introduction of air ambulance drones
     16.5 EVTOL AIRCRAFT MARKET, BY APPLICATION
          FIGURE 53 COMMERCIAL SEGMENT TO LEAD THE EVTOL AIRCRAFT MARKET FROM 2025 TO 2030
          TABLE 228 EVTOL AIRCRAFT MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION)
             16.5.1 COMMERCIAL
                        16.5.1.1 By propulsion
                                     16.5.1.1.1 Fully electric eVTOLs will be majorly used for commercial transportation operations
                                                TABLE 229 COMMERCIAL EVTOL AIRCRAFT MARKET SIZE, BY PROPULSION, 2022–2030 (USD MILLION)
                        16.5.1.2 By lift technology
                                     16.5.1.2.1 Driven by requirement for quick intracity transportation
                                                TABLE 230 COMMERCIAL EVTOL AIRCRAFT MARKET SIZE, BY LIFT TECHNOLOGY, 2022–2030 (USD MILLION)
                        16.5.1.3 By mtow
                                     16.5.1.3.1 Commercial eVTOL are being developed to carry more than 1500kg
                                                TABLE 231 COMMERCIAL EVTOL AIRCRAFT MARKET SIZE, BY MTOW, 2022–2030 (USD MILLION)
             16.5.2 CARGO
                        16.5.2.1 By propulsion
                                     16.5.2.1.1 Huge investments by venture capitalists in drone logistics
                                                TABLE 232 CARGO EVTOL AIRCRAFT MARKET SIZE, BY PROPULSION, 2022–2030 (USD MILLION)
                        16.5.2.2 By lift technology
                                     16.5.2.2.1 Multirotor eVTOLs will be majorly used for cargo operations
                                                TABLE 233 CARGO EVTOL AIRCRAFT MARKET SIZE, BY LIFT TECHNOLOGY, 2022–2030 (USD MILLION)
                        16.5.2.3 By mtow
                                     16.5.2.3.1 The rising interest in eVTOL aircraft for the delivery of packages
                                                TABLE 234 CARGO EVTOL AIRCRAFT MARKET SIZE, BY MTOW, 2022–2030 (USD MILLION)

17 APPENDIX (Page No. - 256)
     17.1 DISCUSSION GUIDE
     17.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     17.3 AVAILABLE CUSTOMIZATIONS
     17.4 RELATED REPORTS

The research study conducted on the business jets market involved extensive use of secondary sources, directories, and databases such as Hoovers, Bloomberg Businessweek, and Factiva to identify and collect information relevant to the business jets market. The primary sources considered included industry experts from the business jets market as well as suppliers, manufacturers, solution providers, technology developers, alliances, and organizations related to all segments of the value chain of this industry. In-depth interviews with various primary respondents, including key industry participants, Subject Matter Experts (SMEs), industry consultants, and C-level executives have been conducted to obtain and verify critical qualitative and quantitative information pertaining to the business jets market as well as to assess the growth prospects of the market.

Secondary Research

Secondary sources referred for this research study included Airfleets, Bombardier, and Embraer Market Outlook 2019, General Aviation Manufacturers Association (GAMA); corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and professional associations. Secondary data was collected and analyzed to arrive at the overall market size, which was further validated by primary respondents.

Primary Research

Extensive primary research was conducted after obtaining information about the business jets market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand and supply side across 4 regions, namely, North America, Europe, Asia Pacific, and Rest of the World (RoW). Approximately 60% and 40% primary interviews were conducted with industry experts from the demand and supply side, respectively. Primary data was collected through questionnaires, emails, and telephonic interviews.

After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report.

IoT in Smart Cities Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the size of the business jets market. The following figure offers a representation of the overall market size estimation process employed for the purpose of this study on the business jets market.

The research methodology used to estimate the market size includes the following details:

  • Key players in this market were identified through secondary research, and their market share was determined through primary and secondary research. This included a study of the annual and financial reports of top market players and extensive interviews of leaders such as Chief Executive Officers (CEOs), directors, and marketing executives of leading companies operating in the armored vehicles market.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

IoT in Smart Cities Market  Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Data triangulation

After arriving at the overall size of the business jets market from the market size estimation process explained above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for market segments and subsegments, the data triangulation and market breakdown procedures explained below were implemented, wherever applicable.

Report objectives

  • To define, describe, segment, and forecast the size of the business jets market based on system, point of sale, aircraft type, end use, and region
  • To forecast the market size of various segments of the business jets market with respect to 6 major regions: North America, Europe, Asia Pacific, Latin America, Middle East, and Africa, along with major countries in each region
  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the business jets market
  • To identify and analyze various regional contracts in the business jets market
  • To identify industry trends, market trends, and technology trends currently prevailing in the business jets market
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contribution to the overall market
  • To analyze the degree of competition in the business jets market by identifying key market players
  • To analyze competitive developments such as contracts, agreements, mergers & acquisitions, and new product launches & developments of key players in the business jets market
  • To identify detailed financial positions, key products, unique selling points, and key developments of leading companies in the business jets market
  • To strategically profile key market players and comprehensively analyze their market ranking and core competencies2
  • To analyze the impact of COVID-19 on the business jets and the prevailing opportunities of the business jets market post-COVID-19.
  • To identify detailed financial positions, key products, unique selling points, and key developments of leading companies in the business jets market

Available customizations

Along with the market data, MarketsandMarkets offers customizations as per the specific needs of companies. The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the market segments at country-level

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
COVID-19

Get in-depth analysis of the COVID-19 impact on the Business Jets Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Business Jets Market

Request For Special Pricing
Report Code
AS 2713
Published ON
Aug, 2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Business Jets Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2020 MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home