80 likes | 89 Views
Business Jet Market Research Report, identifies new revenue opportunity in Business Jet Industry
E N D
BUSINESS JETS MARKET “Business “Business Jets Large, Systems), End-User (Private, Operator), Point of Sale (OEM, Aftermarket), Services, and Region - Global Forecast to 2030” Jets Market Market by Aircraft Type (Light, Mid-Sized, Airliner), Systems (OEM Systems, Aftermarket
Light aircraft segment is expected to grow at the Light aircraft segment is expected to grow at the highest CAGR in the business jets market during the highest CAGR in the business jets market during the forecast period forecast period ■ Based on aircraft type, the light segment is projected to grow at the highest CAGR from 2019 to 2030. The growth of this segment can be attributed to new startups focusing on developing aircraft in the light category. Commercialization of urban air mobility will further drive the growth of light business jets market, which will be used for intra- and intercity travel.
2019 2019 xx% xx% $24.7 billion 2030 2030 xx% xx% $36.4 billion xx% xx% xx% xx%
The OEM segment is expected to grow at the highest CAGR in The OEM segment is expected to grow at the highest CAGR in the business jets market during the forecast period the business jets market during the forecast period ■ Based on the point of sale, the OEM segment is projected to grow at the highest CAGR from 2019 to 2030. The growth of this segment can be attributed to increasing aircraft deliveries during the forecast period. New aircraft programs such as Bombardier's Global 5500, 6500, and 8000; Embraer's Praetor 500 and 600; and Textron's Citation Longitude, among others contribute to increasing OEM deliveries.
Based on systems, the avionics sub Based on systems, the avionics sub- -segment of OEM systems is projected to grow at the highest CAGR from systems is projected to grow at the highest CAGR from 2019 to 2030 2019 to 2030 segment of OEM ■ The growth of this segment can be attributed to the periodic upgrades in avionics systems. Manufacturers are currently focusing on avionics components to develop products that are more reliable, accurate, and efficient. Continuous improvements in software technology have modified the human-machine interface of avionics systems. It has become more user-friendly and can automate a wide variety of in- flight tasks, thereby reducing the workload of the flight crew to a large extent.
Infographic Style GEOGRAPHIES SEGMENTATION North America, Asia Pacific, Europe, Middle East, and Rest of the World • • • • •
■ Browse in-depth TOC on " "Business Jets Market Business Jets Market" " ■ 90 90 – – Tables Tables 44 44 – – Figures Figures 158 158 – – Pages Pages Major players operating in the business Embraer (Brazil), Textron, Inc. (US), Gulfstream (US), Airbus (Netherland), and Boeing (US), among others. These players offer business jets of various aircraft type including super light, light, mid-sized, super mid-sized, large, and airliner. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, Asia Pacific, Latin America. business jet jet market market include Bombardier (Canada),
Contact Mr. Shelly Singh Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com Website: https://www.marketsandmarkets.com