Market Research Logo

Global Supersonic Business Jet Market 2016-2020

Global Supersonic Business Jet Market 2016-2020

About Supersonic Business Jet

A supersonic business jet (SBJ) is a small business private carrier, which can accommodate 10 to 12 passengers and can fly at a speed of more than Mach 1. It efficiently reduces the travel time to half, as compared to other conventional business aircraft.

Currently, aviation experts such as Airbus, Lockheed Martin, Aerion, HyperMach, and Gulfstream Aerospace develop supersonic business aircraft.

Technavio’s analysts forecast the global supersonic business jet market to grow at a CAGR of 3.87% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global supersonic business jet market for the period 2016-2020. The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Supersonic 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
  • Aerion Corp.
  • HyperMach Europe Aeronautics
  • Lockheed Martin Corp.
  • Spike Aerospace, Inc
  • TsAGI
Market driver
  • Evolution of lightweight composites and aerodynamics
  • For a full, detailed list, view our report
Market challenge
  • Cost-efficiency
  • 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 Supersonic Business Jet Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Supersonic Business Jet Market: Aerion Corp., HyperMach Europe Aeronautics, Lockheed Martin Corp., Spike Aerospace, Inc, and TsAGI.

According to the report, with time, aircraft designs have evolved their avionics, systems, and engines to provide greater efficiency and dynamic performance. Supersonic manufacturers are using thin fuselages, rear-mounted engines, and study nozzles to reduce the drag, which would reduce noise levels. They are also implementing low-drag wing design, which will allow supersonic jets to fly at a subsonic speed over land and at a speed of Mach 1.6 over the sea.

Further, the report states that the supersonic business jets are upgraded and modernized fleets, whose sonic speed of more than Mach 1 reduces the travel time. However, these jets cost around $80-$100 million, which is considered to be equivalent to the price of a 150-seater subsonic airliner. The expenditure required is especially challenging for new market entrants.

Companies Mentioned

Aerion Corp., HyperMach Europe Aeronautics, Lockheed Martin Corp., Spike Aerospace, Inc, TsAGI.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table General aviation and sub-classes
  • Market landscape
    • Market overview
      • Table Segmentation of the global supersonic business jet market
    • Market size and forecast
      • Table Global supersonic business jet market 2015-2020 ($ billions)
      • Table Total number of global supersonic business jet market (units)
      • Table Global supersonic business jet market (%)
      • Table Global general aviation aircraft shipment by region as of Q2 2015 (units)
      • Table Global general aviation market by fleet size, 2012-2014
      • Table Global general aviation market by fleet size 2014
      • Table Global general aviation market by fleet size 2013
      • Table Global general aviation market by fleet size 2012
    • Five forces analysis
      • Table Five forces analysis
  • Global aerospace and defense value chain system
    • Table Global aerospace and defense value chain system
  • Global aerospace and defense supply chain system
    • Table Global aerospace and defense supply chain system
  • Geographical segmentation
    • Geographical segmentation of global supersonic business jet market 2015-2020
      • Table Geographical segmentation of market 2015
      • Table Geographical segmentation of market 2020
      • Table Geographical segmentation of market by revenue 2015-2020 ($ billions)
    • Supersonic business jet market in the Americas
      • Table Supersonic business jet market in the Americas ($ billions)
      • Table US general aviation shipments market by aircraft type 2012-2014 (units)
      • Table US general aviation market forecast by aircraft type 2015-2020 (units)
    • Supersonic business jet market in EMEA
      • Table Supersonic business jet market in EMEA ($ billions)
      • Table Europe general aviation shipments market by aircraft type 2012-2014 (units)
      • Table Business jet deliveries in EMEA 2014-2033 (units)
    • Supersonic business jet market in APAC
      • Table Supersonic business jet market in APAC ($ millions)
      • Table Business jet deliveries in APAC 2014-2033 (units)
      • Table APAC business jet deliveries, 2014-2033 (% share)
  • Key leading regions
    • Table Key leading regions
  • Market drivers
    • Evolution of lightweight composites and aerodynamics
    • Alliance with major vendors
    • Need for greater speed
      • Table Advantages of SBJ
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Vendor landscape
    • Competitive scenario
    • List of vendors in global supersonic business jet market
      • Table Major vendors of the market
    • Aerion
    • HyperMach Europe Aeronautics (HyperMach)
    • Lockheed Martin
      • Table Lockheed Martin: Business segmentation by revenue 2015 (%)
      • Table Lockheed Martin: Business segmentation by revenue 2014 and 2015 ($ billions)
    • Spike Aerospace
    • TsAGI
    • Key vendors' recent developments
  • 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

Share this report