Business Jet Market Trends, Size, Competitive Analysis and Forecast - 2019-2025
The global business jet market size was valued at $2357 billion with 703 jets delivered in 2018. The market is expected to expand at a CAGR of over 3% over the forecast period. Factors such as continued wealth creation in mature markets and increasing business aviation penetration in emerging economies are expected to drive growth. The emergence of new and technologically advanced aircraft models is expected to further accelerate growth. Emerging economies around the world are expected to see increasing demand for business jets as adoption converges to a mature market level. Industry participants are driving overall demand by offering full aircraft ownership to customers by introducing new business models, for example partial ownership. A full report of Business Jet Market is available at: https://www.orionmarketreports.com/business-jet-market/25177/#ert_pane1-0 Business Jet Market Segmentations By point of sale OEM Aftermarket By Aircraft Type Light Mid-sized Large ...