Asia-Pacific Business Jet Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

The Asia-Pacific Business Jet Market is segmented by Body Type (Large Jet, Light Jet, Mid-Size Jet) and by Country (Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Thailand). Key Data Points observed include air passenger traffic, air transport freight, defense spending, military aircraft active fleet, revenue passenger kilometers, high-net worth individuals, and inflation rate.

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Asia-Pacific Business Jet Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

Asia-Pacific Business Jet Market Size

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Asia-Pacific Business Jet Market Summary
Study Period 2017 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 1.71 Billion
Market Size (2030) USD 2.37 Billion
CAGR (2025 - 2030) 6.73 %
Market Concentration High

Major Players

Asia-Pacific Business Jet Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Asia-Pacific Business Jet Market with other markets in Aerospace & Defense Industry

Defense

Airport Operations

Aviation

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Air Taxi

Aircraft Parts

Asia-Pacific Business Jet Market Analysis

The Asia-Pacific Business Jet Market size is estimated at 1.71 billion USD in 2025, and is expected to reach 2.37 billion USD by 2030, growing at a CAGR of 6.73% during the forecast period (2025-2030).

The Asia-Pacific business jet aviation landscape is experiencing significant transformation driven by evolving ownership models and fleet modernization initiatives. As of 2022, business jets in the region represent 6% of the active global fleet, with a notable 98% under whole ownership structure rather than fractional ownership arrangements. This ownership pattern reflects the region's preference for direct asset control and highlights the strong financial capability of Asian operators. The business jet market is witnessing substantial consolidation in manufacturing leadership, with the top three manufacturers Gulfstream Aerospace Corporation, Bombardier, and Cessna collectively accounting for 60% of new deliveries, demonstrating the industry's competitive dynamics and quality standards.


The market is experiencing a notable surge in infrastructure development and service capabilities across key aviation hubs. In 2023, significant investments in maintenance, repair, and overhaul (MRO) facilities have been observed, with Bombardier inaugurating the largest OEM business aviation facility in Singapore, while Gulfstream expanded its presence with new service centers. These developments are complemented by the emergence of new private jet terminals and FBO (Fixed-Base Operator) facilities across the region, enhancing operational efficiency and service quality for business jet operators.


The industry is witnessing a remarkable transformation in customer demographics and usage patterns, particularly driven by the substantial growth in the high-net-worth individual (HNWI) population, which increased by 68% between 2017 and 2022. This demographic shift has led to increased demand for private jet aviation services, especially in emerging markets like Southeast Asia, where new charter operators are establishing operations. The market is also seeing a trend toward larger cabin aircraft and longer-range capabilities, reflecting the region's unique geographic requirements and customer preferences.


The business jet market is undergoing significant technological advancement and fleet modernization initiatives. With a projected delivery of 362 new business jets between 2023 and 2030, manufacturers are focusing on incorporating advanced avionics, enhanced fuel efficiency, and superior cabin connectivity features. This modernization drive is accompanied by a growing emphasis on sustainable aviation practices, with operators increasingly considering environmental impact in their fleet decisions. The industry is also witnessing innovation in business models, with the emergence of digital platforms for charter services and the integration of blockchain technology for maintenance tracking and documentation.

Segment Analysis: Body Type

Large Jet Segment in Asia-Pacific Business Jet Market

The large jet segment dominates the Asia-Pacific business jet market, commanding approximately 90% of the market share in 2024. This substantial market presence is primarily driven by the growing number of high-net-worth individuals (HNWIs) in the region who prefer these aircraft for their superior range, advanced technology, cabin size, and operational efficiency. The segment's dominance is further reinforced by the strong presence of major manufacturers like Gulfstream Aerospace Corporation and Bombardier, who together account for nearly 50% of large jet deliveries in the region. Popular models in this category include the Gulfstream G500/550/650/650ER series, Global 6000/7500 Express, Challenger 604/605/650, and Dassault Aviation's Falcon series, which cater to the sophisticated needs of charter, private, and corporate users in the Asia-Pacific region.

Market Analysis of Asia-Pacific Business Jet Market: Chart for Body Type

Light Jet Segment in Asia-Pacific Business Jet Market

The light jet segment is emerging as the fastest-growing category in the Asia-Pacific business jet market, projected to grow at approximately 10% CAGR from 2024 to 2029. This remarkable growth is being fueled by increasing demand from new business jet operators and first-time buyers who appreciate the segment's cost-effectiveness and operational flexibility. The segment's expansion is particularly notable in countries like Australia and the Philippines, where light jets are preferred for regional connectivity. Major manufacturers like Cessna, Embraer, and Honda Aircraft Company are actively contributing to this growth through their innovative product offerings and enhanced after-sales support networks. The segment's appeal is further strengthened by the rising trend of shared ownership models and the increasing adoption of these aircraft by air charter companies for short-haul business travel.

Remaining Segments in Body Type

The mid-size jet segment serves as a crucial bridge between light and large jets in the Asia-Pacific jet market. These aircraft offer an optimal balance of range, passenger capacity, and operational costs, making them particularly attractive for medium-range business travel. The segment is particularly strong in markets like Japan and Singapore, where operators value the versatility of mid-size jets for both regional and some international flights. Leading manufacturers in this segment, including Cessna, Bombardier, and Gulfstream Aerospace Corporation, continue to enhance their mid-size jet offerings with advanced technologies and improved comfort features to meet the evolving needs of business aviation customers in the region.

Asia-Pacific Business Jet Market Geography Segment Analysis

Asia-Pacific Business Jet Market in China

China dominates the Asia-Pacific business jet landscape, commanding approximately 22% of the regional market value in 2024. As the largest operator of business jets in Asia-Pacific, China's government considers general aviation to be one of its strategic emerging industries. The Chinese market has witnessed significant infrastructure development, with over 50 general aviation airports added to support private aviation growth. The country's business jet fleet structure is predominantly composed of large jets, which account for about 77% of deliveries, reflecting the preference of Chinese customers for long-range aircraft. The growing number of high-net-worth individuals in the country continues to drive demand for long-range large-cabin jets. The market has also seen the entry of new business jet manufacturers, expanding the available options for Chinese customers. The government's emphasis on supporting general aviation through infrastructure development and regulatory reforms has created a favorable environment for market growth.

Asia-Pacific Business Jet Market in India

India's business jets sector is projected to grow at approximately 11% annually from 2024 to 2029, making it the fastest-growing market in the region. The country's business jet sector is experiencing robust growth alongside its economic expansion and increased utilization of aviation-related services across diverse sectors. The market is characterized by a strong preference for large jets, which account for half of the current operational business jet fleet. The emergence of new charter service providers and the expansion of existing operators have contributed to market dynamism. The country's aviation infrastructure is undergoing significant improvements, particularly in terms of dedicated business aviation facilities and FBO services. The strong economic growth coupled with the rising number of high-net-worth individuals has created a conducive environment for business jet adoption. The market has also witnessed increased interest from international charter operators looking to establish their presence in India.

Asia-Pacific Business Jet Market in Australia

Australia maintains its position as a key player in the Asia-Pacific business jet market, with one of the most mature business aviation sectors in the region. The country's business jet fleet is notably diverse, with light jets dominating the operational fleet, followed by large jets and mid-size jets. The market is characterized by a strong presence of established operators and a well-developed aviation infrastructure. The rise in tourism and increasing demand for private jets has created new opportunities for market expansion. The country's aviation sector benefits from advanced maintenance, repair, and overhaul (MRO) facilities, supporting the operational efficiency of the business jet fleet. The market has shown resilience post-pandemic, with charter operations seeing renewed growth. Australian operators are increasingly focusing on fleet modernization and expansion to meet evolving customer demands.

Asia-Pacific Business Jet Market in Japan

Japan has established itself as a significant force in the Asia-Pacific business jet market, with a sophisticated aviation infrastructure and growing demand for private aviation services. The country's business jet landscape is characterized by a balanced distribution across different aircraft categories, with light jets comprising 37% of the fleet, followed by mid-size jets at 33% and large jets at 30%. The Japanese market benefits from strategic developments in business aviation infrastructure, including dedicated business jet terminals at major airports. The government's focus on deregulation has increased flight activities related to business travel both domestically and internationally. The presence of established maintenance facilities and FBO services enhances the market's operational capabilities. Japanese operators have shown increasing interest in newer, more efficient aircraft models, driving fleet modernization efforts.

Asia-Pacific Business Jet Market in Other Countries

The private jet Asia market in other Asia-Pacific countries, including Malaysia, the Philippines, Singapore, South Korea, Thailand, and Indonesia, demonstrates varying levels of market maturity and growth potential. These markets are characterized by unique regulatory environments and infrastructure development stages. Malaysia and Singapore stand out with their well-developed aviation infrastructure and strategic geographical locations, making them attractive hubs for private jet aviation. The Philippines has emerged as a significant market for light jets due to its archipelagic geography. Indonesia's vast territory and growing economy present substantial opportunities for business aviation growth. South Korea's market is driven by its strong economy and increasing international business connections. Thailand's tourism sector and growing high-net-worth population contribute to its business aviation market development. These countries collectively contribute to the regional market's diversity and growth potential.

Asia-Pacific Business Jet Industry Overview

Top Companies in Asia-Pacific Business Jet Market

The leading companies in the business jet market are focusing heavily on product innovation and the development of new aircraft models to maintain their competitive edge. Manufacturers are expanding their service networks and MRO facilities across key markets like Singapore, China, and Australia to strengthen their regional presence. Strategic partnerships with local operators and charter companies have become increasingly common to penetrate emerging markets. Companies are investing in technological advancements like enhanced cabin designs, improved fuel efficiency, and advanced avionics systems to meet evolving customer preferences. The establishment of dedicated training facilities, expansion of parts warehouses, and development of comprehensive aftermarket support networks demonstrate the industry's commitment to operational excellence and customer service. Additionally, manufacturers are adapting their product portfolios to address specific regional requirements while maintaining global quality standards.

Consolidated Market Led By Global Players

The Asia-Pacific business aircraft market exhibits a high level of consolidation with global manufacturers dominating the landscape. These established players leverage their extensive experience, technological capabilities, and worldwide presence to maintain their market positions. The industry is characterized by the presence of large aerospace conglomerates that offer diverse product portfolios ranging from light jets to ultra-long-range aircraft. These companies possess strong financial resources, established distribution networks, and comprehensive after-sales support capabilities that create significant entry barriers for new players. The market has witnessed limited merger and acquisition activity, with companies instead focusing on organic growth through capacity expansion and service network development.


The competitive dynamics are shaped by the presence of both traditional aircraft manufacturers and newer entrants targeting specific market segments. Major players have established strong relationships with regional partners, including maintenance providers, charter operators, and flight training organizations. The industry structure favors companies with integrated operations spanning manufacturing, maintenance, and customer support services. Market participants are increasingly focusing on developing region-specific solutions while maintaining global standards in terms of safety, performance, and reliability.

Innovation and Service Excellence Drive Success

Success in the market increasingly depends on manufacturers' ability to offer comprehensive solutions beyond just aircraft sales. Companies need to develop a strong local presence through service centers, training facilities, and parts distribution networks to effectively serve the growing customer base. The ability to provide customized solutions, flexible ownership models, and comprehensive maintenance packages has become crucial for maintaining private jet market share. Manufacturers must also focus on developing fuel-efficient aircraft with advanced technology features while ensuring compliance with evolving environmental regulations. Building strong relationships with local aviation authorities, understanding regional certification requirements, and establishing efficient supply chains are essential for long-term success.


For new entrants and smaller players, success lies in identifying and serving niche market segments with specialized products or services. Companies must invest in developing innovative financing solutions and ownership models to address the diverse needs of customers across different markets. Understanding local business practices, cultural preferences, and regulatory environments is crucial for establishing a strong market presence. The ability to offer competitive pricing while maintaining high-quality standards and reliable after-sales support will be key differentiators. Additionally, developing partnerships with established players for maintenance support and creating value through specialized services can help companies gain market share in this competitive landscape. Notably, Bombardier's market share in the region is influenced by its strategic partnerships and innovative product offerings.

Asia-Pacific Business Jet Market Leaders

  1. Airbus SE

  2. Bombardier Inc.

  3. Dassault Aviation

  4. General Dynamics Corporation

  5. Textron Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Business Jet Market Concentration
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Asia-Pacific Business Jet Market News

  • October 2023: Textron Aviation announced that it entered a purchase agreement with Fly Alliance for up to 20 Cessna Citation business jets, four firms with options for 16 additional aircraft. Fly Alliance is expected to use the aircraft for its luxury private jet charter operations and expects to take delivery of the first aircraft, an XLS Gen2, in 2023.
  • June 2023: Gulfstream Aerospace Corp. announced today the further expansion of its completions and outfitting operations at St. Louis Downtown Airport. With this latest expansion, Gulfstream is expected to increase completion operations at the site while modernizing its existing spaces by adding new, state-of-the-art equipment and tooling, representing a total capital investment of USD 28.5 million.
  • June 2023: Gulfstream Aerospace Corp. announced the super-midsize Gulfstream G280 has been cleared for operations at France’s Airport of the Gulf of Saint-Tropez located in La Môle. The aircraft recently flew several takeoff and landing demonstrations at the short-field airport.

Free With This Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 45+ free charts, the section covers data on commercial aircraft deliveries by manufacturer, backlogs of commercial aircraft, active military aircraft fleet by type of aircraft, overall business jets and helicopters fleet by manufacturer and also classified by type of ownership.

Asia-Pacific Business Jet Market
Asia-Pacific Business Jet Market
Asia-Pacific Business Jet Market
Asia-Pacific Business Jet Market

Asia-Pacific Business Jet Market Report - Table of Contents

1. EXECUTIVE SUMMARY & KEY FINDINGS

2. REPORT OFFERS

3. INTRODUCTION

  • 3.1 Study Assumptions & Market Definition
  • 3.2 Scope of the Study​
  • 3.3 Research Methodology

4. KEY INDUSTRY TRENDS

  • 4.1 High-net-worth Individual (hnwi)
  • 4.2 Regulatory Framework
  • 4.3 Value Chain Analysis

5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)

  • 5.1 Body Type
    • 5.1.1 Large Jet
    • 5.1.2 Light Jet
    • 5.1.3 Mid-Size Jet
  • 5.2 Country
    • 5.2.1 Australia
    • 5.2.2 China
    • 5.2.3 India
    • 5.2.4 Indonesia
    • 5.2.5 Japan
    • 5.2.6 Malaysia
    • 5.2.7 Philippines
    • 5.2.8 Singapore
    • 5.2.9 South Korea
    • 5.2.10 Thailand
    • 5.2.11 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Key Strategic Moves
  • 6.2 Market Share Analysis
  • 6.3 Company Landscape
  • 6.4 Company Profiles
    • 6.4.1 Airbus SE
    • 6.4.2 Bombardier Inc.
    • 6.4.3 Cirrus Design Corporation
    • 6.4.4 Dassault Aviation
    • 6.4.5 General Dynamics Corporation
    • 6.4.6 Honda Motor Co., Ltd.
    • 6.4.7 Textron Inc.
    • 6.4.8 The Boeing Company
    • 6.4.9 United Aircraft Corporation
  • *List Not Exhaustive

7. KEY STRATEGIC QUESTIONS FOR AVIATION CEOS

8. APPENDIX

  • 8.1 Global Overview
    • 8.1.1 Overview
    • 8.1.2 Porter’s Five Forces Framework
    • 8.1.3 Global Value Chain Analysis
    • 8.1.4 Market Dynamics (DROs)
  • 8.2 Sources & References
  • 8.3 List of Tables & Figures
  • 8.4 Primary Insights
  • 8.5 Data Pack
  • 8.6 Glossary of Terms
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List of Tables & Figures

  1. Figure 1:  
  2. POPULATION OF HIGH-NET-WORTH INDIVIDUAL (HNWI) BY COUNTRY, NUMBER OF HNWIS, ASIA-PACIFIC, 2017 - 2030
  1. Figure 2:  
  2. NUMBER OF NEW AIRCRAFT DELIVERIES, VOLUME, ASIA-PACIFIC, 2017 - 2030
  1. Figure 3:  
  2. NUMBER OF NEW AIRCRAFT DELIVERIES, USD, ASIA-PACIFIC, 2017 - 2030
  1. Figure 4:  
  2. BUSINESS JETS DELIVERIES BY BODY TYPE, VOLUME, ASIA-PACIFIC, 2017 - 2030
  1. Figure 5:  
  2. BUSINESS JETS DELIVERIES BY BODY TYPE, USD, ASIA-PACIFIC, 2017 - 2030
  1. Figure 6:  
  2. BUSINESS JETS DELIVERIES BY BODY TYPE, VOLUME %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
  1. Figure 7:  
  2. BUSINESS JETS DELIVERIES BY BODY TYPE, VALUE %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
  1. Figure 8:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY LARGE JET, UNITS, 2017 - 2030
  1. Figure 9:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY LARGE JET, USD, 2017 - 2030
  1. Figure 10:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
  1. Figure 11:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY LIGHT JET, UNITS, 2017 - 2030
  1. Figure 12:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY LIGHT JET, USD, 2017 - 2030
  1. Figure 13:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
  1. Figure 14:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY MID-SIZE JET, UNITS, 2017 - 2030
  1. Figure 15:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY MID-SIZE JET, USD, 2017 - 2030
  1. Figure 16:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
  1. Figure 17:  
  2. BUSINESS JETS DELIVERIES BY COUNTRY, VOLUME, ASIA-PACIFIC, 2017 - 2030
  1. Figure 18:  
  2. BUSINESS JETS DELIVERIES BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2030
  1. Figure 19:  
  2. BUSINESS JETS DELIVERIES BY COUNTRY, VOLUME %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
  1. Figure 20:  
  2. BUSINESS JETS DELIVERIES BY COUNTRY, VALUE %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
  1. Figure 21:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY AUSTRALIA, UNITS, 2017 - 2030
  1. Figure 22:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY AUSTRALIA, USD, 2017 - 2030
  1. Figure 23:  
  2. BUSINESS JETS DELIVERIES SHARE, VALUE, %, AUSTRALIA, 2023 VS 2030
  1. Figure 24:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY CHINA, UNITS, 2017 - 2030
  1. Figure 25:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY CHINA, USD, 2017 - 2030
  1. Figure 26:  
  2. BUSINESS JETS DELIVERIES SHARE, VALUE, %, CHINA, 2023 VS 2030
  1. Figure 27:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY INDIA, UNITS, 2017 - 2030
  1. Figure 28:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY INDIA, USD, 2017 - 2030
  1. Figure 29:  
  2. BUSINESS JETS DELIVERIES SHARE, VALUE, %, INDIA, 2023 VS 2030
  1. Figure 30:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY INDONESIA, UNITS, 2017 - 2030
  1. Figure 31:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY INDONESIA, USD, 2017 - 2030
  1. Figure 32:  
  2. BUSINESS JETS DELIVERIES SHARE, VALUE, %, INDONESIA, 2023 VS 2030
  1. Figure 33:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY JAPAN, UNITS, 2017 - 2030
  1. Figure 34:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY JAPAN, USD, 2017 - 2030
  1. Figure 35:  
  2. BUSINESS JETS DELIVERIES SHARE, VALUE, %, JAPAN, 2023 VS 2030
  1. Figure 36:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY MALAYSIA, UNITS, 2017 - 2030
  1. Figure 37:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY MALAYSIA, USD, 2017 - 2030
  1. Figure 38:  
  2. BUSINESS JETS DELIVERIES SHARE, VALUE, %, MALAYSIA, 2023 VS 2030
  1. Figure 39:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY PHILIPPINES, UNITS, 2017 - 2030
  1. Figure 40:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY PHILIPPINES, USD, 2017 - 2030
  1. Figure 41:  
  2. BUSINESS JETS DELIVERIES SHARE, VALUE, %, PHILIPPINES, 2023 VS 2030
  1. Figure 42:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY SINGAPORE, UNITS, 2017 - 2030
  1. Figure 43:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY SINGAPORE, USD, 2017 - 2030
  1. Figure 44:  
  2. BUSINESS JETS DELIVERIES SHARE, VALUE, %, SINGAPORE, 2023 VS 2030
  1. Figure 45:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY SOUTH KOREA, UNITS, 2017 - 2030
  1. Figure 46:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY SOUTH KOREA, USD, 2017 - 2030
  1. Figure 47:  
  2. BUSINESS JETS DELIVERIES SHARE, VALUE, %, SOUTH KOREA, 2023 VS 2030
  1. Figure 48:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY THAILAND, UNITS, 2017 - 2030
  1. Figure 49:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY THAILAND, USD, 2017 - 2030
  1. Figure 50:  
  2. BUSINESS JETS DELIVERIES SHARE, VALUE, %, THAILAND, 2023 VS 2030
  1. Figure 51:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY REST OF ASIA-PACIFIC, UNITS, 2017 - 2030
  1. Figure 52:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY REST OF ASIA-PACIFIC, USD, 2017 - 2030
  1. Figure 53:  
  2. BUSINESS JETS DELIVERIES SHARE, VALUE, %, REST OF ASIA-PACIFIC, 2023 VS 2030
  1. Figure 54:  
  2. MOST ACTIVE COMPANIES, NUMBER OF STRATEGIC MOVES, ASIA-PACIFIC, 2018-2023
  1. Figure 55:  
  2. MOST ADOPTED STRATEGIES, COUNT, ASIA-PACIFIC, 2018 - 2023
  1. Figure 56:  
  2. MAJOR PLAYERS REVENUE SHARE (%), ASIA-PACIFIC

Asia-Pacific Business Jet Industry Segmentation

Large Jet, Light Jet, Mid-Size Jet are covered as segments by Body Type. Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Thailand are covered as segments by Country.
Body Type Large Jet
Light Jet
Mid-Size Jet
Country Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Thailand
Rest of Asia-Pacific
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Market Definition

  • Aircraft Type - General Aviation includes aircraft used for corporate aviation, business aviation and other aerial works.
  • Sub-Aircraft Type - Business Jets which are private jets and are designed to carry small groups of people and are used for various roles are included in this study.
  • Body Type - Light Jets, Mid-Size Jets, and Large Jets according to their ability to carry passengers and flying distance ranges have been included under this study.
Keyword Definition
IATA IATA stands for the International Air Transport Association, a trade organization composed of airlines around the world that has an influence over the commercial aspects of flight.
ICAO ICAO stands for International Civil Aviation Organization, a specialized agency of the United Nations that supports aviation and navigation around the globe.
Air Operator Certificate (AOC) A certificate granted by a National Aviation Authority permitting the conduct of commercial flying activities.
Certificate Of Airworthiness (CoA) A Certificate Of Airworthiness (CoA) is issued for an aircraft by the civil aviation authority in the state in which the aircraft is registered.
Gross Domestic Product (GDP) Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period by countries.
RPK (Revenue Passenger Kilometres) The RPK of an airline is the sum of the products obtained by multiplying the number of revenue passengers carried on each flight stage by the stage distance - it is the total number of kilometers traveled by all revenue passengers.
Load Factor The load factor is a metric used in the airline industry that measures the percentage of available seating capacity that has been filled with passengers.
Original Equipment Manufacturer (OEM) An original equipment manufacturer (OEM) traditionally is defined as a company whose goods are used as components in the products of another company, which then sells the finished item to users.
International Transportation Safety Association (ITSA) International Transportation Safety Association (ITSA) is an international network of heads of independent safety investigation authorities (SIA).
Available Seats Kilometre (ASK) This metric is calculated by multiplying Available Seats (AS) in one flight, defined above, multiplied by the distance flown.
Gross Weight The fully-loaded weight of an aircraft, also known as “takeoff weight,” which includes the combined weight of passengers, cargo, and fuel.
Airworthiness The ability of an aircraft, or other airborne equipment or system, to operate in flight and on the ground without significant hazard to aircrew, ground crew, passengers or to other third parties.
Airworthiness Standards Detailed and comprehensive design and safety criteria applicable to the category of aeronautical product (aircraft, engine or propeller).
Fixed Base Operator (FBO) A business or organization that operates at an airport. An FBO provides aircraft operating services like maintenance, fueling, flight training, charter services, hangaring, and parking.
High Net worth Individuals (HNWIs) High Net worth Individuals (HNWIs) are individuals with over USD 1 million in liquid financial assets.
Ultra High Net worth Individuals (UHNWIs) Ultra High Net worth Individuals (UHNWIs) are individuals with over USD 30 million in liquid financial assets.
Federal Aviation Administration (FAA) The division of the Department of Transportation is concerned with aviation. It operates Air Traffic Control and regulates everything from aircraft manufacturing to pilot training to airport operations in the United States.
EASA (European Aviation Safety Agency) The European Aviation Safety Agency is a European Union agency established in 2002 with the task of overseeing civil aviation safety and regulation.
Airborne Warning and Control System (AW&C) aircraft Airborne Warning and Control System (AEW&C) aircraft is equipped with a powerful radar and on-board command and control center to direct the armed forces.
The North Atlantic Treaty Organization (NATO) The North Atlantic Treaty Organization (NATO), also called the North Atlantic Alliance, is an intergovernmental military alliance between 30 member states – 28 European and two North American.
Joint Strike Fighter (JSF) Joint Strike Fighter (JSF) is a development and acquisition program intended to replace a wide range of existing fighter, strike, and ground attack aircraft for the United States, the United Kingdom, Italy, Canada, Australia, the Netherlands, Denmark, Norway, and formerly Turkey.
Light Combat Aircraft (LCA) A light combat aircraft (LCA) is a light, multirole jet/turboprop military aircraft, commonly derived from advanced trainer designs, designed for engaging in light combat.
Stockholm International Peace Research Institute (SIPRI) Stockholm International Peace Research Institute (SIPRI) is an international institute that provides data, analysis, and recommendations for armed conflict, military expenditure, and arms trade as well as disarmament and arms control.
Maritime Patrol Aircraft (MPA) A maritime patrol aircraft (MPA), also known as maritime reconnaissance aircraft is a fixed-wing aircraft designed to operate for long durations over water in maritime patrol roles, in particular, anti-submarine warfare (ASW), anti-ship warfare (AShW), and search and rescue (SAR).
Mach Number The Mach number is defined as the ratio of true airspeed to the speed of sound at the altitude of a given aircraft.
Stealth Aircraft Stealth is a Common term applied to low observable (LO) technology and doctrine, that makes an aircraft near invisible to radar, infrared or visual detection.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables:  In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. For sales conversion to volume, the average selling price (ASP) is kept constant throughout the forecast period for each country, and inflation is not a part of the pricing.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Asia-Pacific Business Jet Market Research FAQs

How big is the Asia-Pacific Business Jet Market?

The Asia-Pacific Business Jet Market size is expected to reach USD 1.71 billion in 2025 and grow at a CAGR of 6.73% to reach USD 2.37 billion by 2030.

What is the current Asia-Pacific Business Jet Market size?

In 2025, the Asia-Pacific Business Jet Market size is expected to reach USD 1.71 billion.

Who are the key players in Asia-Pacific Business Jet Market?

Airbus SE, Bombardier Inc., Dassault Aviation, General Dynamics Corporation and Textron Inc. are the major companies operating in the Asia-Pacific Business Jet Market.

Which segment has the biggest share in the Asia-Pacific Business Jet Market?

In the Asia-Pacific Business Jet Market, the Large Jet segment accounts for the largest share by body type.

Which country has the biggest share in the Asia-Pacific Business Jet Market?

In 2025, China accounts for the largest share by country in the Asia-Pacific Business Jet Market.

What years does this Asia-Pacific Business Jet Market cover, and what was the market size in 2025?

In 2025, the Asia-Pacific Business Jet Market size was estimated at 1.71 billion. The report covers the Asia-Pacific Business Jet Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Business Jet Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Asia-Pacific Business Jet Market Research

Mordor Intelligence provides a comprehensive analysis of the business jet and private jet industry, utilizing decades of expertise in aviation market research. Our latest report examines the evolving landscape of private aircraft operations across the Asia Pacific region. It includes a detailed analysis of business jets in India and private jets in Malaysia. The study covers various segments, such as corporate jet operations, executive jet services, and emerging bizjet trends. This offers stakeholders crucial insights into market dynamics and growth opportunities.

Our detailed report, available as an easy-to-download PDF, provides stakeholders with valuable intelligence on Boeing business units and various aircraft types, including insights into the Challenger 604. The analysis covers countries with the most private jets and emerging markets across the region, with a particular focus on private jet Asia developments. The report examines key factors driving the evolution of the jet market. It is supported by comprehensive data on business aircraft market trends and future projections, enabling industry participants to make informed strategic decisions in the rapidly evolving private jet market.