Global Business Jet Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

The Global Business Jet Market is segmented by Body Type ( Large Jet, Light Jet, Mid-Size Jet ) and by Region ( Asia-Pacific, Europe, Middle East And Africa, North America, South America )

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Business Jet Industry Overview

market-snapshot graph
https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2016 - 2028
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Body Type: Large Jet
https://s3.mordorlabs.com/globe/1629285706162_test~globe_globe.svg Largest Share by Region: North America
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: 4.95 %

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Business Jet Market Analysis

The Global Business Jet Market is projected to register a CAGR of 4.95%

  • Largest Market by Body Type - Large Jet : The increasing number of HNWIs and UHNWIs is driving the demand for large business jets.
  • Fastest-growing Market by Body Type - Large Jet : The consumers' preference for high premium quality and convenient jets that offer large and personalized space is driving the adoption rate of large jets.
  • Largest Market by Region - North America : The United States is the major contributor to the growth of the regional market due to its strong economy and increased procurement of various business jet models.

Business Jet Industry Segments

Large Jet, Light Jet, Mid-Size Jet are covered as segments by Body Type. Asia-Pacific, Europe, Middle East And Africa, North America, South America are covered as segments by Region.
Body Type
Large Jet
Light Jet
Mid-Size Jet
Region
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Thailand
Rest Of Asia-Pacific
Europe
France
Germany
Italy
Netherlands
Russia
Spain
UK
Rest Of Europe
Middle East And Africa
Algeria
Egypt
Qatar
Saudi Arabia
South Africa
Turkey
United Arab Emirates
Rest Of Middle East And Africa
North America
Canada
Mexico
United States
Rest Of North America
South America
Brazil
Chile
Colombia
Rest Of South America

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Business Jet Market Trends

This section covers the major market trends shaping the Business Jet Market according to our research experts:

Large Jet is the largest segment by Body Type.

  • Business Jets are private jets designed to carry small groups of people. They can also be used for various other purposes. Out of the total fleet, the light jet segment accounted for 44%, followed by 27% for large jets and 24% for mid-size jets.
  • Due to the high demand for corporate travel, tourism, and personal and leisure travel, light jets dominate the business jet segment globally. Light and extremely light jets are most frequently preferred by those who travel interstate for business purposes. Some of the most delivered jets are Cessna Citation CJ3+/CJ4/XLS+, Learjet 75, Pilatus PC-24, and Embraer Phenom 30.
  • As of 2022, Gulfstream Aerospace Corporation, Bombardier, and Cessna dominate the business jet market, holding 66% of the total business jet active fleet globally. Out of the total operational business jets in Asia-Pacific, 93% are wholly owned, while the remaining are shared and fractional ownership.
  • Approximately one-third of the business jet fleets currently in operation are over 10 years old, which is driving the business jet operators and charter providers to invest in fleet modernization programs and enhance their fleet's capabilities. This factor is expected to boost the market's growth during the forecast period.
  • North America currently has the largest share of the market and is expected to continue its dominance during the forecast period. The region holds the most extensive operating business jet fleet (about 16,000 aircraft) globally, with the United States accounting for 62% of total business jets globally. Due to the presence of many high-net-worth individuals and corporate companies, the majority of the demand is for light jets and large jets.
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North America is the largest segment by Region.

  • The overall aircraft deliveries in the business jet sector were affected during the COVID-19 pandemic, and the growth between 2019 and 2021 decreased by 14%. The reduction in economic activities and travel restrictions affected the utilization and procurement of business jets in the region. 
  • During 2016-2021, North America procured most of the business jets, followed by Europe, Asia-Pacific, South America, and Middle East & Africa, accounting for 70%, 17%, 7%, 3%, and 3%, respectively. 
  • As of July 2022, Cessna operated most of the global active business jets, followed by Bombardier, Gulfstream Aerospace Corporation, Dassault Aviation, and Embraer, accounting for 32%, 22%, 13%, 9%, and 7%, respectively.  
  • Of the total business jets present, nearly 93% are wholly owned, while the rest have shared and fractional ownership. The light jet segment dominated the market with 46%, followed by large jets, with 26%, and mid-size jets, with 24%.  
  • During 2022-2028, approximately 5,825 business jets are expected to be delivered globally. Out of this, North America may procure 3,817 jets, Europe 1,076, Asia-Pacific 466, South America 259 jets, and Middle East & Africa 207 jets. The economic recovery in the developing economies in the region is expected to boost the growth of the general aviation sector in the region during the forecast period.
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Business Jet Market Competitor Analysis

The Global Business Jet Market is fairly consolidated, with the top five companies occupying 128.39%. The major players in this market are Bombardier Inc., Dassault Aviation, Embraer, General Dynamics Corporation and Textron Inc. (sorted alphabetically).

Business Jet Market Top Players

  1. Bombardier Inc.

  2. Dassault Aviation

  3. Embraer

  4. General Dynamics Corporation

  5. Textron Inc.

*Disclaimer: Major Players sorted in no particular order

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Business Jet Market Recent Developments

  • August 2022: Bombardier ordered the first Challenger 3500 Business Jet based in Europe for use in charter operations with Air Corporate SRL.
  • May 2022: Bombardier unveiled the aircraft Global 8000.
  • May 2022: In May 2022, Turkish Aerospace Industries (TUSAS) ordered one special-mission Cessna Citation Longitude and two special-mission Cessna Citation Latitude jets.

Business Jet Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. High-Net-Worth Individual (HNWI)

    2. 2.2. Regulatory Framework

    3. 2.3. Value Chain Analysis

  5. 3. MARKET SEGMENTATION

    1. 3.1. Body Type

      1. 3.1.1. Large Jet

      2. 3.1.2. Light Jet

      3. 3.1.3. Mid-Size Jet

    2. 3.2. Region

      1. 3.2.1. Asia-Pacific

        1. 3.2.1.1. Australia

        2. 3.2.1.2. China

        3. 3.2.1.3. India

        4. 3.2.1.4. Indonesia

        5. 3.2.1.5. Japan

        6. 3.2.1.6. Malaysia

        7. 3.2.1.7. Philippines

        8. 3.2.1.8. Singapore

        9. 3.2.1.9. South Korea

        10. 3.2.1.10. Thailand

        11. 3.2.1.11. Rest Of Asia-Pacific

      2. 3.2.2. Europe

        1. 3.2.2.1. France

        2. 3.2.2.2. Germany

        3. 3.2.2.3. Italy

        4. 3.2.2.4. Netherlands

        5. 3.2.2.5. Russia

        6. 3.2.2.6. Spain

        7. 3.2.2.7. UK

        8. 3.2.2.8. Rest Of Europe

      3. 3.2.3. Middle East And Africa

        1. 3.2.3.1. Algeria

        2. 3.2.3.2. Egypt

        3. 3.2.3.3. Qatar

        4. 3.2.3.4. Saudi Arabia

        5. 3.2.3.5. South Africa

        6. 3.2.3.6. Turkey

        7. 3.2.3.7. United Arab Emirates

        8. 3.2.3.8. Rest Of Middle East And Africa

      4. 3.2.4. North America

        1. 3.2.4.1. Canada

        2. 3.2.4.2. Mexico

        3. 3.2.4.3. United States

        4. 3.2.4.4. Rest Of North America

      5. 3.2.5. South America

        1. 3.2.5.1. Brazil

        2. 3.2.5.2. Chile

        3. 3.2.5.3. Colombia

        4. 3.2.5.4. Rest Of South America

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles

      1. 4.4.1. Airbus SE

      2. 4.4.2. Bombardier Inc.

      3. 4.4.3. Cirrus Design Corporation

      4. 4.4.4. Dassault Aviation

      5. 4.4.5. Embraer

      6. 4.4.6. General Dynamics Corporation

      7. 4.4.7. Honda Motor Co., Ltd.

      8. 4.4.8. Pilatus Aircraft Ltd

      9. 4.4.9. Textron Inc.

      10. 4.4.10. The Boeing Company

  7. 5. KEY STRATEGIC QUESTIONS FOR AVIATION CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

    Figure 1:  

    GLOBAL BUSINESS JET MARKET, ASIA-PACIFIC, HIGH-NET-WORTH INDIVIDUAL (HNWI), POPULATION, 2016 – 2028

    Figure 2:  

    GLOBAL BUSINESS JET MARKET, EUROPE, HIGH-NET-WORTH INDIVIDUAL (HNWI), POPULATION, 2016 – 2028

    Figure 3:  

    GLOBAL BUSINESS JET MARKET, MIDDLE EAST AND AFRICA, HIGH-NET-WORTH INDIVIDUAL (HNWI), POPULATION, 2016 – 2028

    Figure 4:  

    GLOBAL BUSINESS JET MARKET, NORTH AMERICA, HIGH-NET-WORTH INDIVIDUAL (HNWI), POPULATION, 2016 – 2028

    Figure 5:  

    GLOBAL BUSINESS JET MARKET, SOUTH AMERICA, HIGH-NET-WORTH INDIVIDUAL (HNWI), POPULATION, 2016 – 2028

    Figure 6:  

    GLOBAL BUSINESS JET MARKET, VOLUME, UNITS, 2016 - 2028

    Figure 7:  

    GLOBAL BUSINESS JET MARKET, VALUE, USD, 2016 - 2028

    Figure 8:  

    GLOBAL BUSINESS JET MARKET, BY BODY TYPE, VOLUME, UNITS, 2016 - 2028

    Figure 9:  

    GLOBAL BUSINESS JET MARKET, BY BODY TYPE, VALUE, USD, 2016 - 2028

    Figure 10:  

    GLOBAL BUSINESS JET MARKET, BY BODY TYPE, VOLUME, %, 2016 VS 2022 VS 2028

    Figure 11:  

    GLOBAL BUSINESS JET MARKET, BY BODY TYPE, VALUE, %, 2016 VS 2022 VS 2028

    Figure 12:  

    GLOBAL BUSINESS JET MARKET, BY LARGE JET, VOLUME, UNITS, 2016 - 2028

    Figure 13:  

    GLOBAL BUSINESS JET MARKET, BY LARGE JET, VALUE, USD, 2016 - 2028

    Figure 14:  

    GLOBAL BUSINESS JET MARKET, BY LARGE JET, VALUE, %, 2021 VS 2028

    Figure 15:  

    GLOBAL BUSINESS JET MARKET, BY LIGHT JET, VOLUME, UNITS, 2016 - 2028

    Figure 16:  

    GLOBAL BUSINESS JET MARKET, BY LIGHT JET, VALUE, USD, 2016 - 2028

    Figure 17:  

    GLOBAL BUSINESS JET MARKET, BY LIGHT JET, VALUE, %, 2021 VS 2028

    Figure 18:  

    GLOBAL BUSINESS JET MARKET, BY MID-SIZE JET, VOLUME, UNITS, 2016 - 2028

    Figure 19:  

    GLOBAL BUSINESS JET MARKET, BY MID-SIZE JET, VALUE, USD, 2016 - 2028

    Figure 20:  

    GLOBAL BUSINESS JET MARKET, BY MID-SIZE JET, VALUE, %, 2021 VS 2028

    Figure 21:  

    GLOBAL BUSINESS JET MARKET, BY REGION, VOLUME, UNITS, 2016 - 2028

    Figure 22:  

    GLOBAL BUSINESS JET MARKET, BY REGION, VALUE, USD, 2016 - 2028

    Figure 23:  

    GLOBAL BUSINESS JET MARKET, BY REGION, VOLUME, %, 2016 VS 2022 VS 2028

    Figure 24:  

    GLOBAL BUSINESS JET MARKET, BY REGION, VALUE, %, 2016 VS 2022 VS 2028

    Figure 25:  

    ASIA-PACIFIC BUSINESS JET MARKET, BY COUNTRY, VOLUME, UNITS, 2016 - 2028

    Figure 26:  

    ASIA-PACIFIC BUSINESS JET MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028

    Figure 27:  

    ASIA-PACIFIC BUSINESS JET MARKET, BY COUNTRY, VOLUME, %, 2016 VS 2022 VS 2028

    Figure 28:  

    ASIA-PACIFIC BUSINESS JET MARKET, BY COUNTRY, VALUE, %, 2016 VS 2022 VS 2028

    Figure 29:  

    GLOBAL BUSINESS JET MARKET, BY AUSTRALIA, VOLUME, UNITS, 2016 - 2028

    Figure 30:  

    GLOBAL BUSINESS JET MARKET, BY AUSTRALIA, VALUE, USD, 2016 - 2028

    Figure 31:  

    GLOBAL BUSINESS JET MARKET, BY AUSTRALIA, VALUE, %, 2021 VS 2028

    Figure 32:  

    GLOBAL BUSINESS JET MARKET, BY CHINA, VOLUME, UNITS, 2016 - 2028

    Figure 33:  

    GLOBAL BUSINESS JET MARKET, BY CHINA, VALUE, USD, 2016 - 2028

    Figure 34:  

    GLOBAL BUSINESS JET MARKET, BY CHINA, VALUE, %, 2021 VS 2028

    Figure 35:  

    GLOBAL BUSINESS JET MARKET, BY INDIA, VOLUME, UNITS, 2016 - 2028

    Figure 36:  

    GLOBAL BUSINESS JET MARKET, BY INDIA, VALUE, USD, 2016 - 2028

    Figure 37:  

    GLOBAL BUSINESS JET MARKET, BY INDIA, VALUE, %, 2021 VS 2028

    Figure 38:  

    GLOBAL BUSINESS JET MARKET, BY INDONESIA, VOLUME, UNITS, 2016 - 2028

    Figure 39:  

    GLOBAL BUSINESS JET MARKET, BY INDONESIA, VALUE, USD, 2016 - 2028

    Figure 40:  

    GLOBAL BUSINESS JET MARKET, BY INDONESIA, VALUE, %, 2021 VS 2028

    Figure 41:  

    GLOBAL BUSINESS JET MARKET, BY JAPAN, VOLUME, UNITS, 2016 - 2028

    Figure 42:  

    GLOBAL BUSINESS JET MARKET, BY JAPAN, VALUE, USD, 2016 - 2028

    Figure 43:  

    GLOBAL BUSINESS JET MARKET, BY JAPAN, VALUE, %, 2021 VS 2028

    Figure 44:  

    GLOBAL BUSINESS JET MARKET, BY MALAYSIA, VOLUME, UNITS, 2016 - 2028

    Figure 45:  

    GLOBAL BUSINESS JET MARKET, BY MALAYSIA, VALUE, USD, 2016 - 2028

    Figure 46:  

    GLOBAL BUSINESS JET MARKET, BY MALAYSIA, VALUE, %, 2021 VS 2028

    Figure 47:  

    GLOBAL BUSINESS JET MARKET, BY PHILIPPINES, VOLUME, UNITS, 2016 - 2028

    Figure 48:  

    GLOBAL BUSINESS JET MARKET, BY PHILIPPINES, VALUE, USD, 2016 - 2028

    Figure 49:  

    GLOBAL BUSINESS JET MARKET, BY PHILIPPINES, VALUE, %, 2021 VS 2028

    Figure 50:  

    GLOBAL BUSINESS JET MARKET, BY SINGAPORE, VOLUME, UNITS, 2016 - 2028

    Figure 51:  

    GLOBAL BUSINESS JET MARKET, BY SINGAPORE, VALUE, USD, 2016 - 2028

    Figure 52:  

    GLOBAL BUSINESS JET MARKET, BY SINGAPORE, VALUE, %, 2021 VS 2028

    Figure 53:  

    GLOBAL BUSINESS JET MARKET, BY SOUTH KOREA, VOLUME, UNITS, 2016 - 2028

    Figure 54:  

    GLOBAL BUSINESS JET MARKET, BY SOUTH KOREA, VALUE, USD, 2016 - 2028

    Figure 55:  

    GLOBAL BUSINESS JET MARKET, BY SOUTH KOREA, VALUE, %, 2021 VS 2028

    Figure 56:  

    GLOBAL BUSINESS JET MARKET, BY THAILAND, VOLUME, UNITS, 2016 - 2028

    Figure 57:  

    GLOBAL BUSINESS JET MARKET, BY THAILAND, VALUE, USD, 2016 - 2028

    Figure 58:  

    GLOBAL BUSINESS JET MARKET, BY THAILAND, VALUE, %, 2021 VS 2028

    Figure 59:  

    GLOBAL BUSINESS JET MARKET, BY REST OF ASIA-PACIFIC, VOLUME, UNITS, 2016 - 2028

    Figure 60:  

    GLOBAL BUSINESS JET MARKET, BY REST OF ASIA-PACIFIC, VALUE, USD, 2016 - 2028

    Figure 61:  

    GLOBAL BUSINESS JET MARKET, BY REST OF ASIA-PACIFIC, VALUE, %, 2021 VS 2028

    Figure 62:  

    EUROPE BUSINESS JET MARKET, BY COUNTRY, VOLUME, UNITS, 2016 - 2028

    Figure 63:  

    EUROPE BUSINESS JET MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028

    Figure 64:  

    EUROPE BUSINESS JET MARKET, BY COUNTRY, VOLUME, %, 2016 VS 2022 VS 2028

    Figure 65:  

    EUROPE BUSINESS JET MARKET, BY COUNTRY, VALUE, %, 2016 VS 2022 VS 2028

    Figure 66:  

    GLOBAL BUSINESS JET MARKET, BY FRANCE, VOLUME, UNITS, 2016 - 2028

    Figure 67:  

    GLOBAL BUSINESS JET MARKET, BY FRANCE, VALUE, USD, 2016 - 2028

    Figure 68:  

    GLOBAL BUSINESS JET MARKET, BY FRANCE, VALUE, %, 2021 VS 2028

    Figure 69:  

    GLOBAL BUSINESS JET MARKET, BY GERMANY, VOLUME, UNITS, 2016 - 2028

    Figure 70:  

    GLOBAL BUSINESS JET MARKET, BY GERMANY, VALUE, USD, 2016 - 2028

    Figure 71:  

    GLOBAL BUSINESS JET MARKET, BY GERMANY, VALUE, %, 2021 VS 2028

    Figure 72:  

    GLOBAL BUSINESS JET MARKET, BY ITALY, VOLUME, UNITS, 2016 - 2028

    Figure 73:  

    GLOBAL BUSINESS JET MARKET, BY ITALY, VALUE, USD, 2016 - 2028

    Figure 74:  

    GLOBAL BUSINESS JET MARKET, BY ITALY, VALUE, %, 2021 VS 2028

    Figure 75:  

    GLOBAL BUSINESS JET MARKET, BY NETHERLANDS, VOLUME, UNITS, 2016 - 2028

    Figure 76:  

    GLOBAL BUSINESS JET MARKET, BY NETHERLANDS, VALUE, USD, 2016 - 2028

    Figure 77:  

    GLOBAL BUSINESS JET MARKET, BY NETHERLANDS, VALUE, %, 2021 VS 2028

    Figure 78:  

    GLOBAL BUSINESS JET MARKET, BY RUSSIA, VOLUME, UNITS, 2016 - 2028

    Figure 79:  

    GLOBAL BUSINESS JET MARKET, BY RUSSIA, VALUE, USD, 2016 - 2028

    Figure 80:  

    GLOBAL BUSINESS JET MARKET, BY RUSSIA, VALUE, %, 2021 VS 2028

    Figure 81:  

    GLOBAL BUSINESS JET MARKET, BY SPAIN, VOLUME, UNITS, 2016 - 2028

    Figure 82:  

    GLOBAL BUSINESS JET MARKET, BY SPAIN, VALUE, USD, 2016 - 2028

    Figure 83:  

    GLOBAL BUSINESS JET MARKET, BY SPAIN, VALUE, %, 2021 VS 2028

    Figure 84:  

    GLOBAL BUSINESS JET MARKET, BY UK, VOLUME, UNITS, 2016 - 2028

    Figure 85:  

    GLOBAL BUSINESS JET MARKET, BY UK, VALUE, USD, 2016 - 2028

    Figure 86:  

    GLOBAL BUSINESS JET MARKET, BY UK, VALUE, %, 2021 VS 2028

    Figure 87:  

    GLOBAL BUSINESS JET MARKET, BY REST OF EUROPE, VOLUME, UNITS, 2016 - 2028

    Figure 88:  

    GLOBAL BUSINESS JET MARKET, BY REST OF EUROPE, VALUE, USD, 2016 - 2028

    Figure 89:  

    GLOBAL BUSINESS JET MARKET, BY REST OF EUROPE, VALUE, %, 2021 VS 2028

    Figure 90:  

    MIDDLE EAST AND AFRICA BUSINESS JET MARKET, BY COUNTRY, VOLUME, UNITS, 2016 - 2028

    Figure 91:  

    MIDDLE EAST AND AFRICA BUSINESS JET MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028

    Figure 92:  

    MIDDLE EAST AND AFRICA BUSINESS JET MARKET, BY COUNTRY, VOLUME, %, 2016 VS 2022 VS 2028

    Figure 93:  

    MIDDLE EAST AND AFRICA BUSINESS JET MARKET, BY COUNTRY, VALUE, %, 2016 VS 2022 VS 2028

    Figure 94:  

    GLOBAL BUSINESS JET MARKET, BY ALGERIA, VOLUME, UNITS, 2016 - 2028

    Figure 95:  

    GLOBAL BUSINESS JET MARKET, BY ALGERIA, VALUE, USD, 2016 - 2028

    Figure 96:  

    GLOBAL BUSINESS JET MARKET, BY ALGERIA, VALUE, %, 2021 VS 2028

    Figure 97:  

    GLOBAL BUSINESS JET MARKET, BY EGYPT, VOLUME, UNITS, 2016 - 2028

    Figure 98:  

    GLOBAL BUSINESS JET MARKET, BY EGYPT, VALUE, USD, 2016 - 2028

    Figure 99:  

    GLOBAL BUSINESS JET MARKET, BY EGYPT, VALUE, %, 2021 VS 2028

    Figure 100:  

    GLOBAL BUSINESS JET MARKET, BY QATAR, VOLUME, UNITS, 2016 - 2028

    Figure 101:  

    GLOBAL BUSINESS JET MARKET, BY QATAR, VALUE, USD, 2016 - 2028

    Figure 102:  

    GLOBAL BUSINESS JET MARKET, BY QATAR, VALUE, %, 2021 VS 2028

    Figure 103:  

    GLOBAL BUSINESS JET MARKET, BY SAUDI ARABIA, VOLUME, UNITS, 2016 - 2028

    Figure 104:  

    GLOBAL BUSINESS JET MARKET, BY SAUDI ARABIA, VALUE, USD, 2016 - 2028

    Figure 105:  

    GLOBAL BUSINESS JET MARKET, BY SAUDI ARABIA, VALUE, %, 2021 VS 2028

    Figure 106:  

    GLOBAL BUSINESS JET MARKET, BY SOUTH AFRICA, VOLUME, UNITS, 2016 - 2028

    Figure 107:  

    GLOBAL BUSINESS JET MARKET, BY SOUTH AFRICA, VALUE, USD, 2016 - 2028

    Figure 108:  

    GLOBAL BUSINESS JET MARKET, BY SOUTH AFRICA, VALUE, %, 2021 VS 2028

    Figure 109:  

    GLOBAL BUSINESS JET MARKET, BY TURKEY, VOLUME, UNITS, 2016 - 2028

    Figure 110:  

    GLOBAL BUSINESS JET MARKET, BY TURKEY, VALUE, USD, 2016 - 2028

    Figure 111:  

    GLOBAL BUSINESS JET MARKET, BY TURKEY, VALUE, %, 2021 VS 2028

    Figure 112:  

    GLOBAL BUSINESS JET MARKET, BY UNITED ARAB EMIRATES, VOLUME, UNITS, 2016 - 2028

    Figure 113:  

    GLOBAL BUSINESS JET MARKET, BY UNITED ARAB EMIRATES, VALUE, USD, 2016 - 2028

    Figure 114:  

    GLOBAL BUSINESS JET MARKET, BY UNITED ARAB EMIRATES, VALUE, %, 2021 VS 2028

    Figure 115:  

    GLOBAL BUSINESS JET MARKET, BY REST OF MIDDLE EAST AND AFRICA, VOLUME, UNITS, 2016 - 2028

    Figure 116:  

    GLOBAL BUSINESS JET MARKET, BY REST OF MIDDLE EAST AND AFRICA, VALUE, USD, 2016 - 2028

    Figure 117:  

    GLOBAL BUSINESS JET MARKET, BY REST OF MIDDLE EAST AND AFRICA, VALUE, %, 2021 VS 2028

    Figure 118:  

    NORTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VOLUME, UNITS, 2016 - 2028

    Figure 119:  

    NORTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028

    Figure 120:  

    NORTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VOLUME, %, 2016 VS 2022 VS 2028

    Figure 121:  

    NORTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VALUE, %, 2016 VS 2022 VS 2028

    Figure 122:  

    GLOBAL BUSINESS JET MARKET, BY CANADA, VOLUME, UNITS, 2016 - 2028

    Figure 123:  

    GLOBAL BUSINESS JET MARKET, BY CANADA, VALUE, USD, 2016 - 2028

    Figure 124:  

    GLOBAL BUSINESS JET MARKET, BY CANADA, VALUE, %, 2021 VS 2028

    Figure 125:  

    GLOBAL BUSINESS JET MARKET, BY MEXICO, VOLUME, UNITS, 2016 - 2028

    Figure 126:  

    GLOBAL BUSINESS JET MARKET, BY MEXICO, VALUE, USD, 2016 - 2028

    Figure 127:  

    GLOBAL BUSINESS JET MARKET, BY MEXICO, VALUE, %, 2021 VS 2028

    Figure 128:  

    GLOBAL BUSINESS JET MARKET, BY UNITED STATES, VOLUME, UNITS, 2016 - 2028

    Figure 129:  

    GLOBAL BUSINESS JET MARKET, BY UNITED STATES, VALUE, USD, 2016 - 2028

    Figure 130:  

    GLOBAL BUSINESS JET MARKET, BY UNITED STATES, VALUE, %, 2021 VS 2028

    Figure 131:  

    GLOBAL BUSINESS JET MARKET, BY REST OF NORTH AMERICA, VOLUME, UNITS, 2016 - 2028

    Figure 132:  

    GLOBAL BUSINESS JET MARKET, BY REST OF NORTH AMERICA, VALUE, USD, 2016 - 2028

    Figure 133:  

    GLOBAL BUSINESS JET MARKET, BY REST OF NORTH AMERICA, VALUE, %, 2021 VS 2028

    Figure 134:  

    SOUTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VOLUME, UNITS, 2016 - 2028

    Figure 135:  

    SOUTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028

    Figure 136:  

    SOUTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VOLUME, %, 2016 VS 2022 VS 2028

    Figure 137:  

    SOUTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VALUE, %, 2016 VS 2022 VS 2028

    Figure 138:  

    GLOBAL BUSINESS JET MARKET, BY BRAZIL, VOLUME, UNITS, 2016 - 2028

    Figure 139:  

    GLOBAL BUSINESS JET MARKET, BY BRAZIL, VALUE, USD, 2016 - 2028

    Figure 140:  

    GLOBAL BUSINESS JET MARKET, BY BRAZIL, VALUE, %, 2021 VS 2028

    Figure 141:  

    GLOBAL BUSINESS JET MARKET, BY CHILE, VOLUME, UNITS, 2016 - 2028

    Figure 142:  

    GLOBAL BUSINESS JET MARKET, BY CHILE, VALUE, USD, 2016 - 2028

    Figure 143:  

    GLOBAL BUSINESS JET MARKET, BY CHILE, VALUE, %, 2021 VS 2028

    Figure 144:  

    GLOBAL BUSINESS JET MARKET, BY COLOMBIA, VOLUME, UNITS, 2016 - 2028

    Figure 145:  

    GLOBAL BUSINESS JET MARKET, BY COLOMBIA, VALUE, USD, 2016 - 2028

    Figure 146:  

    GLOBAL BUSINESS JET MARKET, BY COLOMBIA, VALUE, %, 2021 VS 2028

    Figure 147:  

    GLOBAL BUSINESS JET MARKET, BY REST OF SOUTH AMERICA, VOLUME, UNITS, 2016 - 2028

    Figure 148:  

    GLOBAL BUSINESS JET MARKET, BY REST OF SOUTH AMERICA, VALUE, USD, 2016 - 2028

    Figure 149:  

    GLOBAL BUSINESS JET MARKET, BY REST OF SOUTH AMERICA, VALUE, %, 2021 VS 2028

    Figure 150:  

    GLOBAL BUSINESS JET MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021

    Figure 151:  

    GLOBAL BUSINESS JET MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021

    Figure 152:  

    GLOBAL BUSINESS JET MARKET SHARE(%), BY MAJOR PLAYERS, 2021

Market Definition

  • Aircraft Type - General Aviation includes aircraft used for corporate aviation, business aviation and other aerial works.
  • 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.
  • 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.

For any queries related to market definition, click here to schedule a call with our analysts.

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

For any queries related to research methodology, click here to schedule a call with our analysts.

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Business Jet Market Research FAQs

The Global Business Jet Market is studied from 2016 - 2028.

The Global Business Jet Market is growing at a CAGR of 4.95% over the next 5 years.

Large Jet is growing at the highest CAGR over 2016 - 2028.

North America holds highest share in 2021.

Bombardier Inc., Dassault Aviation, Embraer, General Dynamics Corporation, Textron Inc. are the major companies operating in Global Business Jet Market.

Global Business Jet Industry Reports

In-depth industry statistics and market share insights of the Global Business Jet sector for 2020, 2021, and 2022. The Global Business Jet research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Available to download is a free sample file of the Global Business Jet report PDF.