Global Business Jet Market 2016-2020

Global Business Jet Market 2016-2020

About Business Jets

A business jet is an aircraft that is designed to transport small number of passengers. The travel prices for business jets are significantly higher than that of commercial airliners. These jets are usually owned and operated by corporations, individuals, government agencies, or commercial business jet operators that provide business jet charter services. Schemes such as Jet Card programs or fractional ownership allow customers to have the benefit of business jet travel without having to own one.

Technavio’s analysts forecast the global business jet market to grow at a CAGR of 6.91% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global business jet market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of business jet aircraft while taking into consideration the average price of light business jet, mid-size business jet, and large business jet.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Business Jet Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Airbus
  • Boeing
  • Bombardier
  • Embraer
  • Gulfstream Aerospace
Other prominent vendors
  • Dassault Aviation
  • Beechcraft
  • Diamond Aircraft
  • Eclipse Aerospace
  • Honda Aircraft
Market driver
  • Advent of new development programs and financing techniques
  • For a full, detailed list, view our report
Market challenge
  • Stringent regulations and environmental policies
  • For a full, detailed list, view our report
Market trend
  • Emergence of 3D printing and use of composite materials
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Business Jet Market 2016-2020

Technavio recognizes the following companies as the key players in the global business jet market: Airbus, Boeing, Bombardier, Embraer, and Gulfstream Aerospace

Other Prominent Vendors in the market are: Dassault Aviation, Beechcraft, Diamond Aircraft, Eclipse Aerospace, and Honda Aircraft

Commenting on the report, an analyst from Technavio’s team said: “Innovations are playing major role in product and avionics systems technological advancements, in order to withstand in the competitive market. For example, Airbus is implementing additive layer technologies such as 3D printing for new fuselage designs. Such techniques enable customization of cabin components with lightweight and sophisticated design. Avionics systems play a major role in an efficient flight movement, and these systems need to be upgraded at regular intervals to ensure the safety of passengers and crew.”

According to the report, meeting environmental regulations with respect to the carbon footprint is one of the major concerns in the aviation industry. This has also influenced the global business jet market that is gradually witnessing the development of eco-friendly aircraft. These designs focus on lesser fuel consumption and the consequent lesser carbon emission. The tendency to shift toward eco-friendly designs continues to increase from large wide-body aircraft and twin-aisle VIP aircraft completions to even small VIP single-aisle jets.

Further, the report states that the airline industry is a highly competitive market. To attract and retain customers, the airlines need to showcase their products with respect to the customer benefits. However, the increasing technological enhancements and shifting consumer demands, along with highly complex systems may ultimately challenge the ability to make decisions based on optimization balances.



Companies Mentioned

Airbus, Boeing, Bombardier, Embraer, Gulfstream Aerospace, Dassault Aviation, Beechcraft, Diamond Aircraft, Eclipse Aerospace, Honda Aircraft.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
    • Key insights for players
      • Table Business jets aeronautical in-service units' segmentation by frequency band 2015 and 2020 (by units and $ millions)
      • Table Industry outlook of business jet connectivity bandwidth
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Segmentation of global business jet market
    • Market size and forecast by revenue
      • Table Global business jet market by revenue ($ billions)
    • Market size and forecast by unit delivery
      • Table Global business jet market by unit delivery
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by aircraft type
    • Market segmentation by aircraft type
      • Table Market segmentation by aircraft type 2015-2020 (% share)
      • Table Market segmentation by aircraft type 2015-2020 ($ billions)
      • Table Market segmentation by unit delivery 2015-2020 (% share)
      • Table Market segmentation by unit delivery 2015-2020
    • Global light business jet market
      • Table Global light business jet market ($ billions)
      • Table Global light business jet market (unit delivery)
    • Global mid-size business jet market
      • Table Global mid-size business jet market ($ billions)
      • Table Global mid-size business jet market (unit delivery)
    • Global large business jet market
      • Table Global large business jet market ($ billions)
      • Table Global large business jet (unit delivery)
  • Geographical segmentation
    • Segmentation by geography
      • Table Geographical segmentation of the market by revenue 2015 and 2020 (% share)
      • Table Geographical segmentation of the market by unit delivery 2015 and 2020 (% share)
      • Table Geographical segmentation of the market by revenue 2015-2020 ($ billions)
      • Table Geographical segmentation of the market by unit delivery 2015-2020
    • Business jet market in Americas
      • Table Business jet market in Americas ($ billions)
      • Table Business jet market in Americas (unit delivery)
      • Table The US general aviation shipments market by aircraft type 2012-2014 (units)
      • Table Forecast of US general aviation market by aircraft type 2015-2020 (unit deliveries)
    • Business jet market in EMEA
      • Table Business jet market in EMEA ($ billions)
      • Table Business jet market in EMEA (unit delivery)
      • Table European general aviation shipments market by aircraft type 2012-2014 (units)
      • Table Business jet deliveries in EMEA 2014-2033 (units)
    • Business jet market in APAC
      • Table Business jet market in APAC ($ billions)
      • Table Business jet market in APAC (unit delivery)
      • Table Business jet deliveries in APAC 2014-2033 (units)
      • Table APAC business jet deliveries 2014-2033 (% share)
  • Market drivers
    • Table Factors driving the growth of business jets
    • Table Factors driving business jet refurbishment
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Advantages of 3D printing technologies
    • Table Advantages of supersonic business jets
  • Vendor landscape
    • Competitive landscape
  • Key vendor analysis
    • Airbus
    • Boeing
    • Bombardier
    • Embraer
    • Gulfstream Aerospace
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook