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Global Business Jet Market Report: Insights, Trends and Forecast (2019-2023)

Global Business Jet Market Report: Insights, Trends and Forecast (2019-2023)

The global business jet delivery market is estimated to reach US$19.52 billion in 2023, growing at a CAGR of 4.09%, for the period spanning from 2019 to 2023. The factors such as increasing corporate profits, improving consumer confidence, inclining flight operations, rising billionaires and accelerating economic growth are expected to drive the market growth. However, growth of the industry would be challenged by lack of infrastructure and high maintenance cost. A few notable trends include industry consolidation, increasing fractional fleet base, increased research and development activities and rising demand in emerging markets.

Flight departments, charter companies and fractional ownership are some of the authorities who own, manage and run business jets. Among the three, fractional ownership is becoming a popular choice because of the cost benefit it offers to the consumer.

On the basis of size, business jets are classified into heavy jets, medium jets and light jets. Heavy jets are expensive as compared to other two types and therefore, they accounted for larger market in terms of value.

The fastest growing regional market is North America owing to spur in business travels and investments by the young billionaires with improving economic conditions in US and Canadian cities.

Scope of the report:

  • The report provides a comprehensive analysis of the global business jet market, segmented on the basis of size i.e. heavy jets, medium jets and light jets.
  • The major regional markets (North America, Europe, Asia-Pacific and South America) have been analysed.
  • The market dynamics such as growth drivers, market trends and challenges are analysed in-depth.
  • The competitive landscape of the market, along with the company profiles of leading players [Textron Inc. (Cessna), Bombardier Inc., General Dynamics Corporation (Gulfstream), Embraer S.A., Dassault Aviation SA and Airbus SE] are also presented in detail.
Key Target Audience:
  • Business Jet Manufacturers
  • Component Suppliers
  • End Users
  • Consulting Firms
  • Investment Banks
  • Government Bodies & Regulating Authorities


1. Market Overview
1.1 Jet Aircraft
Table 1: Types of Jet Aircrafts
1.2 Business Jets
Table 2: Business Jet Classifications
Table 3: Business Jet Specifications
2. Global Business Jet Market Analysis
2.1 Global Business Jet Fleet Count
Table 4: Global Business Jet Fleet Count (2014-2018)
2.2 Global Business Jet Fleet Count Forecast
Table 5: Global Business Jet Fleet Count Forecast (2019-2023)
2.3 Global Business Jet Fleet Count Forecast by Size
Table 6: Global Business Jet Fleet Count Forecast by Size (2018-2023)
2.4 Global Business Jet Fleet Count by Age
Table 7: Global Business Jet Fleet Count by Age (2014-2018)
2.5 Global Business Jet Fleet Count by Region
Table 8: Global Business Jet Fleet Count by Region (2018)
2.6 Global Business Jet Delivery Market Value
Table 9: Global Business Jet Delivery Market Value (2014-2018)
2.6.1 Global Business Jet Delivery Market Value - Quarterly
Table 10: Global Business Jet Delivery Market Value (Q1/2018 - Q4/2018)
2.7 Global Business Jet Delivery Market Value Forecast
Table 11: Global Business Jet Delivery Market Value Forecast (2019-2023)
2.8 Global Business Jet Delivery Market Value by Size
Table 12: Global Business Jet Delivery Market Value by Size (2018)
2.8.1 Global Heavy Business Jet Delivery Market Value Forecast
Table 13: Global Heavy Business Jet Delivery Market Value Forecast (2018-2023)
2.8.2 Global Medium Jet Delivery Market Value Forecast
Table 14: Global Medium Business Jet Delivery Market Value Forecast (2018-2023)
2.8.3 Global Light Business Jet Delivery Market Value Forecast
Table 15: Global Light Business Jet Delivery Market Value Forecast (2018-2023)
2.9 Global Business Jet Delivery Market Volume
Table 16: Global Business Jet Delivery Market Volume (2014-2018)
2.9.1 Global Business Jet Delivery Market Volume - Quarterly
Table 17: Global Business Jet Delivery Market Volume (Q1/2018 - Q4/2018)
2.10 Global Business Jet Delivery Market Volume Forecast
Table 18: Global Business Jet Delivery Market Volume Forecast (2019-2023)
2.11 Global Business Jet Delivery Market Volume by Size
Table 19: Global Business Jet Delivery Market Volume by Size (2018)
2.11.1 Global Light Business Jet Delivery Market Volume Forecast
Table 20: Global Light Business Jet Delivery Market Volume Forecast (2018-2023)
2.11.2 Global Heavy Business Jet Delivery Market Volume Forecast
Table 21: Global Heavy Business Jet Delivery Market Volume Forecast (2018-2023)
2.11.3 Global Medium Business Jet Delivery Market Volume Forecast
Table 22: Global Medium Business Jet Delivery Market Volume Forecast (2018-2023)
3. Regional Business Jet Market Analysis
3.1 North America Business Jet Fleet Count
Table 23: North America Business Jet Fleet Count (2014-2018)
3.2 North America Business Jet Fleet Count Forecast
Table 24: North America Business Jet Fleet Count Forecast (2019-2023)
3.3 Europe Business Jet Fleet Count
Table 25: Europe Business Jet Fleet Count (2014-2018)
3.4 Europe Business Jet Fleet Count Forecast
Table 26: Europe Business Jet Fleet Count Forecast (2019-2023)
3.5 Asia-Pacific Business Jet Fleet Count
Table 27: Asia-Pacific Business Jet Fleet Count (2014-2018)
3.6 Asia-Pacific Business Jet Fleet Count Forecast
Table 28: Asia-Pacific Business Jet Fleet Count Forecast (2019-2023)
3.7 South America Business Jet Fleet Count
Table 29: South America Business Jet Fleet Count (2014-2018)
3.8 South America Business Jet Fleet Count Forecast
Table 30: South America Business Jet Fleet Count Forecast (2019-2023)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Increasing Corporate Profits
Table 31: The U.S. Corporate Profits (2014-2018)
4.1.2 Improving Consumer Confidence
Table 32: Consumer Confidence Index in US and Europe (2014-2018)
4.1.3 Inclining Flight Operations
Table 33: Business Jets Operations in US (Jan-2014 to Jan-2019)
4.1.4 Rising Billionaires
Table 34: Year-to-Year Change in Number of Billionaires (2014-2018)
4.1.5 Accelerating Economic Growth
Table 35: Global GDP Per Capita (2014-2018)
4.2 Key Trends and Developments
4.2.1 Industry Consolidation
Table 36: Global Business Jet Market Industry Consolidations (2019)
4.2.2 Increasing Fractional Fleet Base
Table 37: Global Fractional Fleet Base (2014-2018)
4.2.3 Increased Research and Development Activities
4.2.4 Rising Demand in Emerging Markets
4.3 Challenges
4.3.1 Lack of Infrastructure Facilities
4.3.2 High Maintenance Cost
5. Competitive Landscape
5.1 Global Business Jet Market
5.1.1 Global Business Aviation Market Share by Installed Base
Table 38: Global Business Aviation Market Share by Installed Base (2018)
5.1.2 Key Players – Revenue Comparison
Table 39: Key Players – Revenue Comparison (2018)
5.1.3 Key Players – Market Cap Comparison
Table 40: Key Players – Market Cap Comparison (2019)
5.1.4 Key Players – Research & Development Expenditure Comparison
Table 41: Key Players – Research & Development Expenditure Comparison (2017-2018)
5.1.5 Key Players – Market Value Share Comparison
Table 42: Key Players – Global Business Jet Market Value Share Comparison (2018)
5.1.6 Key Players - Market Volume Share Comparison
Table 43: Key Players - Global Business Jet Market Volume Share Comparison (2018)
5.2 Global Heavy Business Jet Market
5.2.1 Key Players - Active Fleet in Operation Comparison
Table 44: Key Players – Global Heavy Business Jet Active Fleet in Operation Comparison (2018)
5.2.2 Key Players – Market Value Share Comparison
Table 45: Key Players – Global Heavy Business Jet Market Value Share Comparison (2018)
5.2.3 Key Players - Market Volume Share Comparison
Table 46: Key Players - Global Heavy Business Jet Market Volume Share Comparison (2018)
5.3 Global Medium Business Jet Market
5.3.1 Key Players - Active Fleet in Operation Comparison
Table 47: Key Players – Global Medium Business Jet Active Fleet in Operation Comparison (2018)
5.3.2 Key Players – Market Value Share Comparison
Table 48: Key Players – Global Medium Business Jet Market Value Share Comparison (2018)
5.3.3 Key Players - Market Volume Share Comparison
Table 49: Key Players - Global Medium Business Jet Market Volume Share Comparison (2018)
5.4 Global Light Business Jet Market
5.4.1 Key Players - Active Fleet in Operation Comparison
Table 50: Key Players – Global Light Business Jet Active Fleet in Operation Comparison (2018)
5.4.2 Key Players – Market Value Share Comparison
Table 51: Key Players – Global Light Business Jet Market Value Share Comparison (2018)
5.4.3 Key Players - Market Volume Share Comparison
Table 52: Key Players - Global Light Business Jet Market Volume Share Comparison (2018)
6. Company Profiles
6.1 Textron Inc. (Cessna)
6.1.1 Business Overview
6.1.2 Financial Overview
Table 53: Textron Revenues and Net Income (2014-2018)
Table 54: Textron Revenues by Segments (2018)
Table 55: Textron Revenues by Region (2018)
6.1.3 Business Strategies
6.2 Bombardier Inc.
6.2.1 Business Overview
6.2.2 Financial Overview
Table 56: Bombardier Segment Overview
Table 57: Bombardier Revenues and Net Income (Loss) (2014-2018)
Table 58: Bombardier Revenues by Segments (2018)
Table 59: Bombardier Revenues by Region (2018)
6.2.3 Business Strategies
6.3 General Dynamics Corporation (Gulfstream)
6.3.1 Business Overview
6.3.2 Financial Overview
Table 60: General Dynamics Revenues and Net Earnings (2014-2018)
Table 61: General Dynamics Revenues by Segments (2018)
Table 62: General Dynamics Revenues by Region (2018)
6.3.3 Business Strategies
6.4 Embraer S.A.
6.4.1 Business Overview
6.4.2 Financial Overview
Table 63: Embraer Revenues and Net Income (Loss) (2014-2018)
Table 64: Embraer Revenues by Segment (2018)
6.4.3 Business Strategies
6.5 Dassault Aviation SA
6.5.1 Business Overview
6.5.2 Financial Overview
Table 65: Dassault Aviation Net Sales and Net Income (2014-2018)
Table 66: Dassault Aviation Net Sales by Segments (2018)
6.5.3 Business Strategies
6.6 Airbus SE
6.6.1 Business Overview
6.6.2 Financial Overview
Table 67: Airbus Segment Overview
Table 68: Airbus Revenues and Profit (2014-2018)
Table 69: Airbus Revenues by Segment (2018)
Table 70: Airbus Revenue by Region (2018)
6.6.3 Business Strategies

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