DUBLIN--(BUSINESS WIRE)--The "Business Jet Market 2018 - 2023" report has been added to Research and Markets' offering.
The market is expected to register a CAGR of 5.84% during the forecast period.
Business jet holds the largest share in the general aviation market, in terms of revenue. The economic crisis of 2008-2009 affected the business jet market, which further decelerated the sales. However, since then the market recovered smartly, and in 2016, the annual sales of business jet accelerated, during 2007-2008. Moreover, the shipment of business jet increased by 11.2% to 129 units in the first quarter of 2017, compared to that of 2016.
Due to the increasing incomes at a global level, business jet, especially in the light and very light category, have ceased to be the domain of only the ultra-rich. Moreover, timeshare and fractional ownership programs have enabled people to own private jets. Most popular light business jet can be purchased in around USD 4-8 million, thus, expanding the customer base. The biggest restraint that affects the business jet sales, especially in the regions of South America, Africa, and Asia-Pacific, is the lack of infrastructure. Moreover, if the infrastructure is available, the expenses are extremely high that makes an operation, based on business jets service, unfeasible.
Companies Mentioned
- Netjets
- B/E Aerospace
- Flexjet
- Bloom Business Jets
- Grafair
- Executive Jet Charter
- XOJET
- VistaJet
- SaxonAir
- Textron Aviation
- Bombardier
- Dassault Falcon
- Gulfstream Aerospace Corp
- Honeywell International
- Honda Aircraft Company
- Air Charter Service
- Embraer
- One Aviation
- Boeing
- Airbus
Key Topics Covered:
1. Research Methodology
2. Key Findings of The Study
3. Executive Summary
4. Market Overview
5. Market Dynamics
6. Global Business Jet Market
7. Competitive Intelligence - Company Profiles
8. Investment Analysis
9. Future of Global Business Jet Market
For more information about this report visit https://www.researchandmarkets.com/research/nxsl3b/business_jet