Business Jet Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Business Jet Market Outlook 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)

Business Jet Market Size

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Business Jet Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2016 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 20.89 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 26.77 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 5.09 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Body Type Large Jet
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Region North America

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 Business Jet Market size is estimated at USD 20.89 billion in 2024, and is expected to reach USD 26.77 billion by 2029, growing at a CAGR of 5.09% during the forecast period (2024-2029).

  • 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 Market Trends

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

Large Jet is the largest 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.
Business Jet Market: Business Jet Market, CAGR, %, By Body Type, 2022 - 2028

North America is the largest 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.
Business Jet Market: Business Jet Market, CAGR, %, By Region, 2022 - 2028

Business Jet Industry Overview

The 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 Leaders

  1. Bombardier Inc.

  2. Dassault Aviation

  3. Embraer

  4. General Dynamics Corporation

  5. Textron Inc.

*Disclaimer: Major Players sorted in no particular order

Business Jet Market Concentration
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Business Jet Market News

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

Business Jet Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study

    3. 1.3. Research Methodology

  2. 2. KEY INDUSTRY TRENDS

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

    2. 2.2. Regulatory Framework

    3. 2.3. Value Chain Analysis

  3. 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

  4. 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

  5. 5. KEY STRATEGIC QUESTIONS FOR AVIATION CEOS

  6. 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

  1. Figure 1:  
  2. GLOBAL BUSINESS JET MARKET, ASIA-PACIFIC, HIGH-NET-WORTH INDIVIDUAL (HNWI), POPULATION, 2016 – 2028
  1. Figure 2:  
  2. GLOBAL BUSINESS JET MARKET, EUROPE, HIGH-NET-WORTH INDIVIDUAL (HNWI), POPULATION, 2016 – 2028
  1. Figure 3:  
  2. GLOBAL BUSINESS JET MARKET, MIDDLE EAST AND AFRICA, HIGH-NET-WORTH INDIVIDUAL (HNWI), POPULATION, 2016 – 2028
  1. Figure 4:  
  2. GLOBAL BUSINESS JET MARKET, NORTH AMERICA, HIGH-NET-WORTH INDIVIDUAL (HNWI), POPULATION, 2016 – 2028
  1. Figure 5:  
  2. GLOBAL BUSINESS JET MARKET, SOUTH AMERICA, HIGH-NET-WORTH INDIVIDUAL (HNWI), POPULATION, 2016 – 2028
  1. Figure 6:  
  2. GLOBAL BUSINESS JET MARKET, VOLUME, UNITS, 2016 - 2028
  1. Figure 7:  
  2. GLOBAL BUSINESS JET MARKET, VALUE, USD, 2016 - 2028
  1. Figure 8:  
  2. GLOBAL BUSINESS JET MARKET, BY BODY TYPE, VOLUME, UNITS, 2016 - 2028
  1. Figure 9:  
  2. GLOBAL BUSINESS JET MARKET, BY BODY TYPE, VALUE, USD, 2016 - 2028
  1. Figure 10:  
  2. GLOBAL BUSINESS JET MARKET, BY BODY TYPE, VOLUME, %, 2016 VS 2022 VS 2028
  1. Figure 11:  
  2. GLOBAL BUSINESS JET MARKET, BY BODY TYPE, VALUE, %, 2016 VS 2022 VS 2028
  1. Figure 12:  
  2. GLOBAL BUSINESS JET MARKET, BY LARGE JET, VOLUME, UNITS, 2016 - 2028
  1. Figure 13:  
  2. GLOBAL BUSINESS JET MARKET, BY LARGE JET, VALUE, USD, 2016 - 2028
  1. Figure 14:  
  2. GLOBAL BUSINESS JET MARKET, BY LARGE JET, VALUE, %, 2021 VS 2028
  1. Figure 15:  
  2. GLOBAL BUSINESS JET MARKET, BY LIGHT JET, VOLUME, UNITS, 2016 - 2028
  1. Figure 16:  
  2. GLOBAL BUSINESS JET MARKET, BY LIGHT JET, VALUE, USD, 2016 - 2028
  1. Figure 17:  
  2. GLOBAL BUSINESS JET MARKET, BY LIGHT JET, VALUE, %, 2021 VS 2028
  1. Figure 18:  
  2. GLOBAL BUSINESS JET MARKET, BY MID-SIZE JET, VOLUME, UNITS, 2016 - 2028
  1. Figure 19:  
  2. GLOBAL BUSINESS JET MARKET, BY MID-SIZE JET, VALUE, USD, 2016 - 2028
  1. Figure 20:  
  2. GLOBAL BUSINESS JET MARKET, BY MID-SIZE JET, VALUE, %, 2021 VS 2028
  1. Figure 21:  
  2. GLOBAL BUSINESS JET MARKET, BY REGION, VOLUME, UNITS, 2016 - 2028
  1. Figure 22:  
  2. GLOBAL BUSINESS JET MARKET, BY REGION, VALUE, USD, 2016 - 2028
  1. Figure 23:  
  2. GLOBAL BUSINESS JET MARKET, BY REGION, VOLUME, %, 2016 VS 2022 VS 2028
  1. Figure 24:  
  2. GLOBAL BUSINESS JET MARKET, BY REGION, VALUE, %, 2016 VS 2022 VS 2028
  1. Figure 25:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY COUNTRY, VOLUME, UNITS, 2016 - 2028
  1. Figure 26:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028
  1. Figure 27:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY COUNTRY, VOLUME, %, 2016 VS 2022 VS 2028
  1. Figure 28:  
  2. ASIA-PACIFIC BUSINESS JET MARKET, BY COUNTRY, VALUE, %, 2016 VS 2022 VS 2028
  1. Figure 29:  
  2. GLOBAL BUSINESS JET MARKET, BY AUSTRALIA, VOLUME, UNITS, 2016 - 2028
  1. Figure 30:  
  2. GLOBAL BUSINESS JET MARKET, BY AUSTRALIA, VALUE, USD, 2016 - 2028
  1. Figure 31:  
  2. GLOBAL BUSINESS JET MARKET, BY AUSTRALIA, VALUE, %, 2021 VS 2028
  1. Figure 32:  
  2. GLOBAL BUSINESS JET MARKET, BY CHINA, VOLUME, UNITS, 2016 - 2028
  1. Figure 33:  
  2. GLOBAL BUSINESS JET MARKET, BY CHINA, VALUE, USD, 2016 - 2028
  1. Figure 34:  
  2. GLOBAL BUSINESS JET MARKET, BY CHINA, VALUE, %, 2021 VS 2028
  1. Figure 35:  
  2. GLOBAL BUSINESS JET MARKET, BY INDIA, VOLUME, UNITS, 2016 - 2028
  1. Figure 36:  
  2. GLOBAL BUSINESS JET MARKET, BY INDIA, VALUE, USD, 2016 - 2028
  1. Figure 37:  
  2. GLOBAL BUSINESS JET MARKET, BY INDIA, VALUE, %, 2021 VS 2028
  1. Figure 38:  
  2. GLOBAL BUSINESS JET MARKET, BY INDONESIA, VOLUME, UNITS, 2016 - 2028
  1. Figure 39:  
  2. GLOBAL BUSINESS JET MARKET, BY INDONESIA, VALUE, USD, 2016 - 2028
  1. Figure 40:  
  2. GLOBAL BUSINESS JET MARKET, BY INDONESIA, VALUE, %, 2021 VS 2028
  1. Figure 41:  
  2. GLOBAL BUSINESS JET MARKET, BY JAPAN, VOLUME, UNITS, 2016 - 2028
  1. Figure 42:  
  2. GLOBAL BUSINESS JET MARKET, BY JAPAN, VALUE, USD, 2016 - 2028
  1. Figure 43:  
  2. GLOBAL BUSINESS JET MARKET, BY JAPAN, VALUE, %, 2021 VS 2028
  1. Figure 44:  
  2. GLOBAL BUSINESS JET MARKET, BY MALAYSIA, VOLUME, UNITS, 2016 - 2028
  1. Figure 45:  
  2. GLOBAL BUSINESS JET MARKET, BY MALAYSIA, VALUE, USD, 2016 - 2028
  1. Figure 46:  
  2. GLOBAL BUSINESS JET MARKET, BY MALAYSIA, VALUE, %, 2021 VS 2028
  1. Figure 47:  
  2. GLOBAL BUSINESS JET MARKET, BY PHILIPPINES, VOLUME, UNITS, 2016 - 2028
  1. Figure 48:  
  2. GLOBAL BUSINESS JET MARKET, BY PHILIPPINES, VALUE, USD, 2016 - 2028
  1. Figure 49:  
  2. GLOBAL BUSINESS JET MARKET, BY PHILIPPINES, VALUE, %, 2021 VS 2028
  1. Figure 50:  
  2. GLOBAL BUSINESS JET MARKET, BY SINGAPORE, VOLUME, UNITS, 2016 - 2028
  1. Figure 51:  
  2. GLOBAL BUSINESS JET MARKET, BY SINGAPORE, VALUE, USD, 2016 - 2028
  1. Figure 52:  
  2. GLOBAL BUSINESS JET MARKET, BY SINGAPORE, VALUE, %, 2021 VS 2028
  1. Figure 53:  
  2. GLOBAL BUSINESS JET MARKET, BY SOUTH KOREA, VOLUME, UNITS, 2016 - 2028
  1. Figure 54:  
  2. GLOBAL BUSINESS JET MARKET, BY SOUTH KOREA, VALUE, USD, 2016 - 2028
  1. Figure 55:  
  2. GLOBAL BUSINESS JET MARKET, BY SOUTH KOREA, VALUE, %, 2021 VS 2028
  1. Figure 56:  
  2. GLOBAL BUSINESS JET MARKET, BY THAILAND, VOLUME, UNITS, 2016 - 2028
  1. Figure 57:  
  2. GLOBAL BUSINESS JET MARKET, BY THAILAND, VALUE, USD, 2016 - 2028
  1. Figure 58:  
  2. GLOBAL BUSINESS JET MARKET, BY THAILAND, VALUE, %, 2021 VS 2028
  1. Figure 59:  
  2. GLOBAL BUSINESS JET MARKET, BY REST OF ASIA-PACIFIC, VOLUME, UNITS, 2016 - 2028
  1. Figure 60:  
  2. GLOBAL BUSINESS JET MARKET, BY REST OF ASIA-PACIFIC, VALUE, USD, 2016 - 2028
  1. Figure 61:  
  2. GLOBAL BUSINESS JET MARKET, BY REST OF ASIA-PACIFIC, VALUE, %, 2021 VS 2028
  1. Figure 62:  
  2. EUROPE BUSINESS JET MARKET, BY COUNTRY, VOLUME, UNITS, 2016 - 2028
  1. Figure 63:  
  2. EUROPE BUSINESS JET MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028
  1. Figure 64:  
  2. EUROPE BUSINESS JET MARKET, BY COUNTRY, VOLUME, %, 2016 VS 2022 VS 2028
  1. Figure 65:  
  2. EUROPE BUSINESS JET MARKET, BY COUNTRY, VALUE, %, 2016 VS 2022 VS 2028
  1. Figure 66:  
  2. GLOBAL BUSINESS JET MARKET, BY FRANCE, VOLUME, UNITS, 2016 - 2028
  1. Figure 67:  
  2. GLOBAL BUSINESS JET MARKET, BY FRANCE, VALUE, USD, 2016 - 2028
  1. Figure 68:  
  2. GLOBAL BUSINESS JET MARKET, BY FRANCE, VALUE, %, 2021 VS 2028
  1. Figure 69:  
  2. GLOBAL BUSINESS JET MARKET, BY GERMANY, VOLUME, UNITS, 2016 - 2028
  1. Figure 70:  
  2. GLOBAL BUSINESS JET MARKET, BY GERMANY, VALUE, USD, 2016 - 2028
  1. Figure 71:  
  2. GLOBAL BUSINESS JET MARKET, BY GERMANY, VALUE, %, 2021 VS 2028
  1. Figure 72:  
  2. GLOBAL BUSINESS JET MARKET, BY ITALY, VOLUME, UNITS, 2016 - 2028
  1. Figure 73:  
  2. GLOBAL BUSINESS JET MARKET, BY ITALY, VALUE, USD, 2016 - 2028
  1. Figure 74:  
  2. GLOBAL BUSINESS JET MARKET, BY ITALY, VALUE, %, 2021 VS 2028
  1. Figure 75:  
  2. GLOBAL BUSINESS JET MARKET, BY NETHERLANDS, VOLUME, UNITS, 2016 - 2028
  1. Figure 76:  
  2. GLOBAL BUSINESS JET MARKET, BY NETHERLANDS, VALUE, USD, 2016 - 2028
  1. Figure 77:  
  2. GLOBAL BUSINESS JET MARKET, BY NETHERLANDS, VALUE, %, 2021 VS 2028
  1. Figure 78:  
  2. GLOBAL BUSINESS JET MARKET, BY RUSSIA, VOLUME, UNITS, 2016 - 2028
  1. Figure 79:  
  2. GLOBAL BUSINESS JET MARKET, BY RUSSIA, VALUE, USD, 2016 - 2028
  1. Figure 80:  
  2. GLOBAL BUSINESS JET MARKET, BY RUSSIA, VALUE, %, 2021 VS 2028
  1. Figure 81:  
  2. GLOBAL BUSINESS JET MARKET, BY SPAIN, VOLUME, UNITS, 2016 - 2028
  1. Figure 82:  
  2. GLOBAL BUSINESS JET MARKET, BY SPAIN, VALUE, USD, 2016 - 2028
  1. Figure 83:  
  2. GLOBAL BUSINESS JET MARKET, BY SPAIN, VALUE, %, 2021 VS 2028
  1. Figure 84:  
  2. GLOBAL BUSINESS JET MARKET, BY UK, VOLUME, UNITS, 2016 - 2028
  1. Figure 85:  
  2. GLOBAL BUSINESS JET MARKET, BY UK, VALUE, USD, 2016 - 2028
  1. Figure 86:  
  2. GLOBAL BUSINESS JET MARKET, BY UK, VALUE, %, 2021 VS 2028
  1. Figure 87:  
  2. GLOBAL BUSINESS JET MARKET, BY REST OF EUROPE, VOLUME, UNITS, 2016 - 2028
  1. Figure 88:  
  2. GLOBAL BUSINESS JET MARKET, BY REST OF EUROPE, VALUE, USD, 2016 - 2028
  1. Figure 89:  
  2. GLOBAL BUSINESS JET MARKET, BY REST OF EUROPE, VALUE, %, 2021 VS 2028
  1. Figure 90:  
  2. MIDDLE EAST AND AFRICA BUSINESS JET MARKET, BY COUNTRY, VOLUME, UNITS, 2016 - 2028
  1. Figure 91:  
  2. MIDDLE EAST AND AFRICA BUSINESS JET MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028
  1. Figure 92:  
  2. MIDDLE EAST AND AFRICA BUSINESS JET MARKET, BY COUNTRY, VOLUME, %, 2016 VS 2022 VS 2028
  1. Figure 93:  
  2. MIDDLE EAST AND AFRICA BUSINESS JET MARKET, BY COUNTRY, VALUE, %, 2016 VS 2022 VS 2028
  1. Figure 94:  
  2. GLOBAL BUSINESS JET MARKET, BY ALGERIA, VOLUME, UNITS, 2016 - 2028
  1. Figure 95:  
  2. GLOBAL BUSINESS JET MARKET, BY ALGERIA, VALUE, USD, 2016 - 2028
  1. Figure 96:  
  2. GLOBAL BUSINESS JET MARKET, BY ALGERIA, VALUE, %, 2021 VS 2028
  1. Figure 97:  
  2. GLOBAL BUSINESS JET MARKET, BY EGYPT, VOLUME, UNITS, 2016 - 2028
  1. Figure 98:  
  2. GLOBAL BUSINESS JET MARKET, BY EGYPT, VALUE, USD, 2016 - 2028
  1. Figure 99:  
  2. GLOBAL BUSINESS JET MARKET, BY EGYPT, VALUE, %, 2021 VS 2028
  1. Figure 100:  
  2. GLOBAL BUSINESS JET MARKET, BY QATAR, VOLUME, UNITS, 2016 - 2028
  1. Figure 101:  
  2. GLOBAL BUSINESS JET MARKET, BY QATAR, VALUE, USD, 2016 - 2028
  1. Figure 102:  
  2. GLOBAL BUSINESS JET MARKET, BY QATAR, VALUE, %, 2021 VS 2028
  1. Figure 103:  
  2. GLOBAL BUSINESS JET MARKET, BY SAUDI ARABIA, VOLUME, UNITS, 2016 - 2028
  1. Figure 104:  
  2. GLOBAL BUSINESS JET MARKET, BY SAUDI ARABIA, VALUE, USD, 2016 - 2028
  1. Figure 105:  
  2. GLOBAL BUSINESS JET MARKET, BY SAUDI ARABIA, VALUE, %, 2021 VS 2028
  1. Figure 106:  
  2. GLOBAL BUSINESS JET MARKET, BY SOUTH AFRICA, VOLUME, UNITS, 2016 - 2028
  1. Figure 107:  
  2. GLOBAL BUSINESS JET MARKET, BY SOUTH AFRICA, VALUE, USD, 2016 - 2028
  1. Figure 108:  
  2. GLOBAL BUSINESS JET MARKET, BY SOUTH AFRICA, VALUE, %, 2021 VS 2028
  1. Figure 109:  
  2. GLOBAL BUSINESS JET MARKET, BY TURKEY, VOLUME, UNITS, 2016 - 2028
  1. Figure 110:  
  2. GLOBAL BUSINESS JET MARKET, BY TURKEY, VALUE, USD, 2016 - 2028
  1. Figure 111:  
  2. GLOBAL BUSINESS JET MARKET, BY TURKEY, VALUE, %, 2021 VS 2028
  1. Figure 112:  
  2. GLOBAL BUSINESS JET MARKET, BY UNITED ARAB EMIRATES, VOLUME, UNITS, 2016 - 2028
  1. Figure 113:  
  2. GLOBAL BUSINESS JET MARKET, BY UNITED ARAB EMIRATES, VALUE, USD, 2016 - 2028
  1. Figure 114:  
  2. GLOBAL BUSINESS JET MARKET, BY UNITED ARAB EMIRATES, VALUE, %, 2021 VS 2028
  1. Figure 115:  
  2. GLOBAL BUSINESS JET MARKET, BY REST OF MIDDLE EAST AND AFRICA, VOLUME, UNITS, 2016 - 2028
  1. Figure 116:  
  2. GLOBAL BUSINESS JET MARKET, BY REST OF MIDDLE EAST AND AFRICA, VALUE, USD, 2016 - 2028
  1. Figure 117:  
  2. GLOBAL BUSINESS JET MARKET, BY REST OF MIDDLE EAST AND AFRICA, VALUE, %, 2021 VS 2028
  1. Figure 118:  
  2. NORTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VOLUME, UNITS, 2016 - 2028
  1. Figure 119:  
  2. NORTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028
  1. Figure 120:  
  2. NORTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VOLUME, %, 2016 VS 2022 VS 2028
  1. Figure 121:  
  2. NORTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VALUE, %, 2016 VS 2022 VS 2028
  1. Figure 122:  
  2. GLOBAL BUSINESS JET MARKET, BY CANADA, VOLUME, UNITS, 2016 - 2028
  1. Figure 123:  
  2. GLOBAL BUSINESS JET MARKET, BY CANADA, VALUE, USD, 2016 - 2028
  1. Figure 124:  
  2. GLOBAL BUSINESS JET MARKET, BY CANADA, VALUE, %, 2021 VS 2028
  1. Figure 125:  
  2. GLOBAL BUSINESS JET MARKET, BY MEXICO, VOLUME, UNITS, 2016 - 2028
  1. Figure 126:  
  2. GLOBAL BUSINESS JET MARKET, BY MEXICO, VALUE, USD, 2016 - 2028
  1. Figure 127:  
  2. GLOBAL BUSINESS JET MARKET, BY MEXICO, VALUE, %, 2021 VS 2028
  1. Figure 128:  
  2. GLOBAL BUSINESS JET MARKET, BY UNITED STATES, VOLUME, UNITS, 2016 - 2028
  1. Figure 129:  
  2. GLOBAL BUSINESS JET MARKET, BY UNITED STATES, VALUE, USD, 2016 - 2028
  1. Figure 130:  
  2. GLOBAL BUSINESS JET MARKET, BY UNITED STATES, VALUE, %, 2021 VS 2028
  1. Figure 131:  
  2. GLOBAL BUSINESS JET MARKET, BY REST OF NORTH AMERICA, VOLUME, UNITS, 2016 - 2028
  1. Figure 132:  
  2. GLOBAL BUSINESS JET MARKET, BY REST OF NORTH AMERICA, VALUE, USD, 2016 - 2028
  1. Figure 133:  
  2. GLOBAL BUSINESS JET MARKET, BY REST OF NORTH AMERICA, VALUE, %, 2021 VS 2028
  1. Figure 134:  
  2. SOUTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VOLUME, UNITS, 2016 - 2028
  1. Figure 135:  
  2. SOUTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028
  1. Figure 136:  
  2. SOUTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VOLUME, %, 2016 VS 2022 VS 2028
  1. Figure 137:  
  2. SOUTH AMERICA BUSINESS JET MARKET, BY COUNTRY, VALUE, %, 2016 VS 2022 VS 2028
  1. Figure 138:  
  2. GLOBAL BUSINESS JET MARKET, BY BRAZIL, VOLUME, UNITS, 2016 - 2028
  1. Figure 139:  
  2. GLOBAL BUSINESS JET MARKET, BY BRAZIL, VALUE, USD, 2016 - 2028
  1. Figure 140:  
  2. GLOBAL BUSINESS JET MARKET, BY BRAZIL, VALUE, %, 2021 VS 2028
  1. Figure 141:  
  2. GLOBAL BUSINESS JET MARKET, BY CHILE, VOLUME, UNITS, 2016 - 2028
  1. Figure 142:  
  2. GLOBAL BUSINESS JET MARKET, BY CHILE, VALUE, USD, 2016 - 2028
  1. Figure 143:  
  2. GLOBAL BUSINESS JET MARKET, BY CHILE, VALUE, %, 2021 VS 2028
  1. Figure 144:  
  2. GLOBAL BUSINESS JET MARKET, BY COLOMBIA, VOLUME, UNITS, 2016 - 2028
  1. Figure 145:  
  2. GLOBAL BUSINESS JET MARKET, BY COLOMBIA, VALUE, USD, 2016 - 2028
  1. Figure 146:  
  2. GLOBAL BUSINESS JET MARKET, BY COLOMBIA, VALUE, %, 2021 VS 2028
  1. Figure 147:  
  2. GLOBAL BUSINESS JET MARKET, BY REST OF SOUTH AMERICA, VOLUME, UNITS, 2016 - 2028
  1. Figure 148:  
  2. GLOBAL BUSINESS JET MARKET, BY REST OF SOUTH AMERICA, VALUE, USD, 2016 - 2028
  1. Figure 149:  
  2. GLOBAL BUSINESS JET MARKET, BY REST OF SOUTH AMERICA, VALUE, %, 2021 VS 2028
  1. Figure 150:  
  2. GLOBAL BUSINESS JET MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
  1. Figure 151:  
  2. GLOBAL BUSINESS JET MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
  1. Figure 152:  
  2. GLOBAL BUSINESS JET MARKET SHARE(%), BY MAJOR PLAYERS, 2021

Business Jet Industry Segmentation

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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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.
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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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Business Jet Market Research FAQs

The Business Jet Market size is expected to reach USD 20.89 billion in 2024 and grow at a CAGR of 5.09% to reach USD 26.77 billion by 2029.

In 2024, the Business Jet Market size is expected to reach USD 20.89 billion.

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

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

In 2024, North America accounts for the largest share by region in the Business Jet Market.

In 2023, the Business Jet Market size was estimated at USD 20.03 billion. The report covers the Business Jet Market historical market size for years: 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Business Jet Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Business Jet Industry Report

Statistics for the 2024 Business Jet market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Business Jet analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Business Jet Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)