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Published: Oct, 2019 | Pages:
113 | Publisher: Grand View Research
Industry: Automotive | Report Format: Electronic (PDF)
The global business jet market size is expected to reach USD 29.32 billion by 2025, registering a CAGR of over 3% from 2019 to 2025, according to a new report by Grand View Research, Inc. The global business jet deliveries are expected to reach 919 units by 2025. A rising number of high net worth individuals, especially in the mature economies, has fueled the growth. Moreover, increased access to private aviation has resulted in a significant surge in the demand for charter services, thereby supporting the revenue generation. Passenger safety is the top priority in the business aviation industry. Aircraft operators seek safety approvals via independent auditing systems. The companies operating in the marketplace focus on adopting advanced technologies for the utmost safety of the customers. They are incorporating various technological advancements, such as ground and satellite-based Wi-Fi, in-flight video conferencing, and charter booking systems. These advancements are expected to act as a driving force for the business jet market over the forecast period. The OEMs are increasingly replacing mechanical flight control systems with lightweight digital flight systems. Reducing an aircraft's weight increases its payload capacity, as well as the ability to fly greater distances with the same payload. The OEMs are also implementing new engine designs that focus on improving propulsion efficiency while reducing emission and noise levels. Such innovations by the business jet OEMs are expected to induce immense potential to the market size till 2025. Further key findings from the report suggest: • Growing popularity of long-range aircraft, which offer optimum performance and comfort, is driving the market • Companies in the business jet market are shifting their focus toward membership programs, including preferred charter accounts and member plans, which offer additional fleet options and reduced rates to the customers • Middle East and Africa is witnessing a rising demand for large and medium jets owing to long distances between cities and difficult ground transportation, thereby is expected to emerge as the fastest growing region over the forecast period • Large business jets are expected to exhibit approximately 5% CAGR from 2019 to 2025 owing to numerous benefits of these aircrafts, such as better comfort, range, and speed as compared to the counterparts
Table of Contents Chapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.2. Market Definition 1.3. Information Procurement 1.3.1. Purchased Database 1.3.2. GVR's Internal Database 1.3.3. Secondary Sources & Third-Party Perspectives 1.3.4. Primary Research 1.4. Information Analysis 1.4.1. Data Analysis Models 1.5. Market Formulation & Data Visualization 1.6. Data Validation & Publishing Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Segmental Outlook Chapter 3. Industry Outlook 3.1. Market Introduction 3.2. Industry Value Chain Analysis 3.3. Market Dynamics 3.3.1. Market Driver Analysis 3.3.1.1. Replacement of older jets 3.3.1.2. Emergence of attractive aircraft programs 3.3.1.3. Global wealth creation 3.3.2. Market Restraint/Challenge Analysis 3.3.2.1. Lack of appropriate infrastructure 3.3.2.2. Stringent government regulations and aviation policies 3.4. Penetration & Growth Prospect Mapping 3.5. Technology Landscape 3.6. Business Environmental Analysis Tools 3.6.1. Porter's Five Forces Analysis 3.6.1.1. Supplier power 3.6.1.2. Buyer power 3.6.1.3. Substitute threat 3.6.1.4. Threat from new entrants 3.6.1.5. Competitive rivalry 3.6.2. PEST Analysis 3.7. Key Company Market Share Analysis, 2018 Chapter 4. Type Estimates & Trend Analysis 4.1. Market Size Estimates & Forecasts, and Trend Analysis, 2015 - 2025 (Units) 4.2. Product Movement Analysis & Market Share, 2018 & 2025 (Units) 4.3. Light 4.3.1. Market size estimates and forecasts, 2015 - 2025 (Units, USD Million) 4.4. Medium 4.4.1. Market size estimates and forecasts, 2015 - 2025 (Units, USD Million) 4.5. Large 4.5.1. Market size estimates and forecasts, 2015 - 2025 (Units, USD Million) Chapter 5. Business Model Estimates & Trend Analysis 5.1. Market Size Estimates & Forecasts, and Trend Analysis, 2015 - 2025 (USD Million) 5.2. Business Model Movement Analysis & Market Share, 2018 & 2025 (USD Million) 5.3. On-demand Service 5.3.1. Market size estimates and forecasts, 2015 - 2025 (USD Million) 5.3.2. Air taxis 5.3.2.1. Market size estimates and forecasts, 2015 - 2025 (USD Million) 5.3.3. Branded charters 5.3.3.1. Market size estimates and forecasts, 2015 - 2025 (USD Million) 5.3.4. Jet-card programs 5.3.4.1. Market size estimates and forecasts, 2015 - 2025 (USD Million) 5.4. Ownership 5.4.1. Market size estimates and forecasts, 2015 - 2025 (USD Million) 5.4.2. Fractional ownership 5.4.2.1. Market size estimates and forecasts, 2015 - 2025 (USD Million) 5.4.3. Full ownership 5.4.3.1. Market size estimates and forecasts, 2015 - 2025 (USD Million) Chapter 6. Regional Estimates & Trend Analysis 6.1. Market Size Estimates & Forecasts, and Trend Analysis, 2015 - 2025 (Units) 6.2. Regional Movement Analysis & Market Share, 2018 & 2025 (Units) 6.3. North America 6.3.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.3.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.3.3. U.S. 6.3.3.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.3.3.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.3.4. Canada 6.3.4.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.3.4.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.4. Europe 6.4.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.4.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.4.3. U.K. 6.4.3.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.4.3.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.4.4. Germany 6.4.4.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.4.4.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.4.5. France 6.4.5.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.4.5.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.4.6. Spain 6.4.6.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.4.6.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.4.7. Switzerland 6.4.7.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.4.7.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.5. Asia Pacific 6.5.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.5.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.5.3. China 6.5.3.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.5.3.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.5.4. India 6.5.4.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.5.4.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.5.5. Japan 6.5.5.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.5.5.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.5.6. Singapore 6.5.6.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.5.6.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.6. Latin America 6.6.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.6.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.6.3. Brazil 6.6.3.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.6.3.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.6.4. Mexico 6.6.4.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.6.4.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.7. Middle East & Africa (MEA) 6.7.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.7.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.7.3. South Africa 6.7.3.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.7.3.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.7.4. UAE 6.7.4.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.7.4.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) 6.7.5. Saudi Arabia 6.7.5.1. Market size estimates and forecasts by type, 2015 - 2025 (Units, USD Million) 6.7.5.2. Market size estimates and forecasts by business model, 2015 - 2025 (USD Million) Chapter 7. Competitive Landscape 7.1. Airbus S.A.S. 7.1.1. Company Overview 7.1.2. Financial Performance 7.1.3. Product Benchmarking 7.1.4. Strategic Initiatives 7.2. Beechcraft Corporation (Textron Aviation) 7.2.1. Company Overview 7.2.2. Financial Performance 7.2.3. Product Benchmarking 7.2.4. Strategic Initiatives 7.3. Boeing 7.3.1. Company Overview 7.3.2. Financial Performance 7.3.3. Product Benchmarking 7.3.4. Strategic Initiatives 7.4. Bombardier 7.4.1. Company Overview 7.4.2. Financial Performance 7.4.3. Product Benchmarking 7.4.4. Strategic Initiatives 7.5. Cessna Aircraft (Textron Aviation) 7.5.1. Company Overview 7.5.2. Financial Performance 7.5.3. Product Benchmarking 7.5.4. Strategic Initiatives 7.6. Dassault Aviation 7.6.1. Company Overview 7.6.2. Financial Performance 7.6.3. Product Benchmarking 7.6.4. Strategic Initiatives 7.7. Embraer SA 7.7.1. Company Overview 7.7.2. Financial Performance 7.7.3. Product Benchmarking 7.7.4. Strategic Initiatives 7.8. Gulfstream Aerospace Corporation 7.8.1. Company Overview 7.8.2. Financial Performance 7.8.3. Product Benchmarking 7.8.4. Strategic Initiatives 7.9. Pilatus Aircraft Ltd. 7.9.1. Company Overview 7.9.2. Financial Performance 7.9.3. Product Benchmarking 7.9.4. Strategic Initiatives 7.10. SyberJet Aircraft (MSC Aerospace LLC) 7.10.1. Company Overview 7.10.2. Financial Performance 7.10.3. Product Benchmarking 7.10.4. Strategic Initiatives
List of Tables TABLE 1 Business jet deliveries estimates & forecasts, 2015 - 2025 (Units) TABLE 2 Business jet market size estimates & forecasts, 2015 - 2025 (USD Million) TABLE 3 Business jet deliveries, by region, 2015 - 2025 (Units) TABLE 4 Business jet market, by region, 2015 - 2025 (USD Million) TABLE 5 Business jet deliveries, by type, 2015 - 2025 (Units) TABLE 6 Business jet market, by type, 2015 - 2025 (USD Million) TABLE 7 Business jet market, by business model, 2015 - 2025 (USD Million) TABLE 8 Key market driver impact TABLE 9 Countries with highest number of billionaires TABLE 10 Key market restraint/challenges impact TABLE 11 Light business jet deliveries, by region , 2015 - 2025 (Units) TABLE 12 Light business jet market , by region, 2015 - 2025 (USD Million) TABLE 13 Medium business jet deliveries, by region, 2015 - 2025 (Units) TABLE 14 Medium business jet market, by region, 2015 - 2025 (USD Million) TABLE 15 Large business jet deliveries, by region, 2015 - 2025 (Units) TABLE 16 Large business jet market, by region, 2015 - 2025 (USD Million) TABLE 17 Business jet market for on-demand services, by region, 2015 - 2025 (USD Million) TABLE 18 Business jet market for air taxis, by region, 2015 - 2025 (USD Million) TABLE 19 Business jet market for branded charters, by region, 2015 - 2025 (USD Million) TABLE 20 Business jet market for jet-card programs, by region, 2015 - 2025 (USD Million) TABLE 21 Business jet market through ownership, by region, 2015 - 2025 (USD Million) TABLE 22 Business jet market for fractional ownership, by region, 2015 - 2025 (USD Million) TABLE 23 Business jet market for full ownership, by region, 2015 - 2025 (USD Million) TABLE 24 North America business jet deliveries by type, 2015 - 2025 (Units) TABLE 25 North America business jet market by type, 2015 - 2025 (USD Million) TABLE 26 North America business jet market by business model, 2015 - 2025 (USD Million) TABLE 27 U.S. business jet deliveries by type, 2015 - 2025 (Units) TABLE 28 U.S. business jet market by type, 2015 - 2025 (USD Million) TABLE 29 U.S. business jet market by business model, 2015 - 2025 (USD Million) TABLE 30 Canada business jet deliveries by type, 2015 - 2025 (Units) TABLE 31 Canada business jet market by type, 2015 - 2025 (USD Million) TABLE 32 Canada business jet market by business model, 2015 - 2025 (USD Million) TABLE 33 Europe business jet deliveries by type, 2015 - 2025 (Units) TABLE 34 Europe business jet market by type, 2015 - 2025 (USD Million) TABLE 35 Europe business jet market by business model, 2015 - 2025 (USD Million) TABLE 36 Germany business jet deliveries by type, 2015 - 2025 (Units) TABLE 37 Germany business jet market by type, 2015 - 2025 (USD Million) TABLE 38 Germany business jet market by business model, 2015 - 2025 (USD Million) TABLE 39 U.K. business jet deliveries by type, 2015 - 2025 (Units) TABLE 40 U.K. business jet market by type, 2015 - 2025 (USD Million) TABLE 41 U.K. business jet market by business model, 2015 - 2025 (USD Million) TABLE 42 France business jet deliveries by type, 2015 - 2025 (Units) TABLE 43 France business jet market by type, 2015 - 2025 (USD Million) TABLE 44 France business jet market by business model, 2015 - 2025 (USD Million) TABLE 45 Spain business jet deliveries by type, 2015 - 2025 (Units) TABLE 46 Spain business jet market by type, 2015 - 2025 (USD Million) TABLE 47 Spain business jet market by business model, 2015 - 2025 (USD Million) TABLE 48 Switzerland business jet deliveries by type, 2015 - 2025 (Units) TABLE 49 Switzerland business jet market by type, 2015 - 2025 (USD Million) TABLE 50 Switzerland business jet market by business model, 2015 - 2025 (USD Million) TABLE 51 Asia Pacific business jet deliveries by type, 2015 - 2025 (Units) TABLE 52 Asia Pacific business jet market by type, 2015 - 2025 (USD Million) TABLE 53 Asia Pacific business jet market by business model, 2015 - 2025 (USD Million) TABLE 54 China business jet deliveries by type, 2015 - 2025 (Units) TABLE 55 China business jet market by type, 2015 - 2025 (USD Million) TABLE 56 China business jet market by business model, 2015 - 2025 (USD Million) TABLE 57 India business jet deliveries by type, 2015 - 2025 (Units) TABLE 58 India business jet market by type, 2015 - 2025 (USD Million) TABLE 59 India business jet market by business model, 2015 - 2025 (USD Million) TABLE 60 Japan business jet deliveries by type, 2015 - 2025 (Units) TABLE 61 Japan business jet market by type, 2015 - 2025 (USD Million) TABLE 62 Japan business jet market by business model, 2015 - 2025 (USD Million) TABLE 63 Singapore business jet deliveries by type, 2015 - 2025 (Units) TABLE 64 Singapore business jet market by type, 2015 - 2025 (USD Million) TABLE 65 Singapore business jet market by business model, 2015 - 2025 (USD Million) TABLE 66 Latin America business jet deliveries by type, 2015 - 2025 (Units) TABLE 67 Latin America business jet market by type, 2015 - 2025 (USD Million) TABLE 68 Latin America business jet market by business model, 2015 - 2025 (USD Million) TABLE 69 Brazil business jet deliveries by type, 2015 - 2025 (Units) TABLE 70 Brazil business jet market by type, 2015 - 2025 (USD Million) TABLE 71 Brazil business jet market by business model, 2015 - 2025 (USD Million) TABLE 72 Mexico business jet deliveries by type, 2015 - 2025 (Units) TABLE 73 Mexico business jet market by type, 2015 - 2025 (USD Million) TABLE 74 Mexico business jet market by business model, 2015 - 2025 (USD Million) TABLE 75 Middle East & Africa business jet deliveries by type, 2015 - 2025 (Units) TABLE 76 Middle East & Africa business jet market by type, 2015 - 2025 (USD Million) TABLE 77 Middle East & Africa business jet market by business model, 2015 - 2025 (USD Million) TABLE 78 South Africa business jet deliveries by type, 2015 - 2025 (Units) TABLE 79 South Africa business jet market by type, 2015 - 2025 (USD Million) TABLE 80 South Africa business jet market by business model, 2015 - 2025 (USD Million) TABLE 81 UAE business jet deliveries by type, 2015 - 2025 (Units) TABLE 82 UAE business jet market by type, 2015 - 2025 (USD Million) TABLE 83 UAE business jet market by business model, 2015 - 2025 (USD Million) TABLE 84 Saudi Arabia business jet deliveries by type, 2015 - 2025 (Units) TABLE 85 Saudi Arabia business jet market by type, 2015 - 2025 (USD Million) TABLE 86 Saudi Arabia business jet market by business model, 2015 - 2025 (USD Million) List of Figures FIG 1 Market segmentation & scope FIG 2 Information procurement FIG 3 Primary research pattern FIG 4 Primary research process FIG 5 Market formulation and data visualization FIG 6 Industry snapshot FIG 7 Value chain analysis FIG 8 Market dynamics FIG 9 Entry into service of new aircraft programs (2011-2017) FIG 10 Penetration & growth prospect mapping FIG 11 Industry Analysis-Porter's FIG 12 PEST Analysis FIG 13 Business jet market, by type, key takeaways FIG 14 Type movement analysis & market share, 2018 & 2025 FIG 15 Business jet market, by business model, key takeaways FIG 16 Business model movement analysis & market share, 2018 & 2025 FIG 17 Regional market size estimates & forecasts, 2015 - 2025 (USD Million) FIG 18 Regional movement analysis & market share, 2018 & 2025 FIG 19 North America business jet market by country, 2018 & 2025 FIG 20 North America business jet deliveries, by type, 2015 - 2025 (Units) FIG 21 North America business jet market, by type, 2015 - 2025 (USD Million) FIG 22 North America business jet market, by business model, 2015 - 2025 (USD million) FIG 23 U.S. business jet deliveries, by type, 2015 - 2025 (Units) FIG 24 U.S. business jet market, by type, 2015 - 2025 (USD Million) FIG 25 U.S. business jet market, by business model, 2015 - 2025 (USD Million) FIG 26 Canada business jet deliveries, by type, 2015 - 2025 (Units) FIG 27 Canada business jet market, by type, 2015 - 2025 (USD Million) FIG 28 Canada business jet market, by business model, 2015 - 2025 (USD Million) FIG 29 Europe business jet market by country, 2018 & 2025 FIG 30 Europe business jet deliveries, by type, 2015 - 2025 (Units) FIG 31 Europe business jet market, by type, 2015 - 2025 (USD Million) FIG 32 Europe business jet market, by business model, 2015 - 2025 (USD million) FIG 33 Germany business jet deliveries, by type, 2015 - 2025 (Units) FIG 34 Germany business jet market, by type, 2015 - 2025 (USD Million) FIG 35 Germany business jet market, by business model, 2015 - 2025 (USD Million) FIG 36 U.K. business jet deliveries, by type, 2015 - 2025 (Units) FIG 37 U.K. business jet market, by type, 2015 - 2025 (USD Million) FIG 38 U.K. business jet market, by business model, 2015 - 2025 (USD Million) FIG 39 France business jet deliveries, by type, 2015 - 2025 (Units) FIG 40 France business jet market, by type, 2015 - 2025 (USD Million) FIG 41 France business jet market, by business model, 2015 - 2025 (USD Million) FIG 42 Spain business jet deliveries, by type, 2015 - 2025 (Units) FIG 43 Spain business jet market, by type, 2015 - 2025 (USD Million) FIG 44 Spain business jet market, by business model, 2015 - 2025 (USD Million) FIG 45 Switzerland business jet deliveries, by type, 2015 - 2025 (Units) FIG 46 Switzerland business jet market, by type, 2015 - 2025 (USD Million) FIG 47 Switzerland business jet market, by business model, 2015 - 2025 (USD Million) FIG 48 Asia Pacific business jet market by country, 2018 & 2025 FIG 49 Asia Pacific business jet deliveries, by type, 2015 - 2025 (Units) FIG 50 Asia Pacific business jet market, by type, 2015 - 2025 (USD Million) FIG 51 Asia Pacific business jet market, by business model, 2015 - 2025 (USD million) FIG 52 China business jet deliveries, by type, 2015 - 2025 (Units) FIG 53 China business jet market, by type, 2015 - 2025 (USD Million) FIG 54 China business jet market, by business model, 2015 - 2025 (USD Million) FIG 55 India business jet deliveries, by type, 2015 - 2025 (Units) FIG 56 India business jet market, by type, 2015 - 2025 (USD Million) FIG 57 India business jet market, by business model, 2015 - 2025 (USD Million) FIG 58 Japan business jet deliveries, by type, 2015 - 2025 (Units) FIG 59 Japan business jet market, by type, 2015 - 2025 (USD Million) FIG 60 Japan business jet market, by business model, 2015 - 2025 (USD Million) FIG 61 Singapore business jet deliveries, by type, 2015 - 2025 (Units) FIG 62 Singapore business jet market, by type, 2015 - 2025 (USD Million) FIG 63 Singapore business jet market, by business model, 2015 - 2025 (USD Million) FIG 64 Latin America business jet market by country, 2018 & 2025 FIG 65 Latin America business jet deliveries, by type, 2015 - 2025 (Units) FIG 66 Latin America business jet market, by type, 2015 - 2025 (USD Million) FIG 67 Latin America business jet market, by business model, 2015 - 2025 (USD million) FIG 68 Brazil business jet deliveries, by type, 2015 - 2025 (Units) FIG 69 Brazil business jet market, by type, 2015 - 2025 (USD Million) FIG 70 Brazil business jet market, by business model, 2015 - 2025 (USD Million) FIG 71 Mexico business jet deliveries, by type, 2015 - 2025 (Units) FIG 72 Mexico business jet market, by type, 2015 - 2025 (USD Million) FIG 73 Mexico business jet market, by business model, 2015 - 2025 (USD Million) FIG 74 Middle East & Africa business jet market, by country, 2018 & 2025 FIG 75 Middle East & Africa business jet deliveries, by type, 2015 - 2025 (Units) FIG 76 Middle East & Africa business jet market, by type, 2015 - 2025 (USD Million) FIG 77 Middle East & Africa business jet market, by business model, 2015 - 2025 (USD Million) FIG 78 South Africa business jet deliveries, by type, 2015 - 2025 (Units) FIG 79 South Africa business jet market, by type, 2015 - 2025 (USD Million) FIG 80 South Africa business jet market, by business model, 2015 - 2025 (USD Million) FIG 81 UAE business jet deliveries, by type, 2015 - 2025 (Units) FIG 82 UAE business jet market, by type, 2015 - 2025 (USD Million) FIG 83 UAE business jet market, by business model, 2015 - 2025 (USD Million) FIG 84 Saudi Arabia business jet deliveries, by type, 2015 - 2025 (Units) FIG 85 Saudi Arabia business jet market, by type, 2015 - 2025 (USD Million) FIG 86 Saudi Arabia business jet market, by business model, 2015 - 2025 (USD Million)
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