South East Asia Business Jet Market | Size | Share | Analysis
South East Asia Business Jet Market - Segmented by Aircraft range, Seating Capacity and Geography - Growth, Trends and Forecast (2019 - 2024)

PUBLISHED

JUL 2018

South East Asia Business Jet Market - Segmented by Aircraft range, Seating Capacity and Geography - Growth, Trends and Forecast (2019 - 2024)

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The South East Asia Business Jet Market is poised to grow at a CAGR of 4.5% during the forecast period, 2018 - 2023. The growth of the business aircraft market in the region is dominated with the upper end of large jets attracting significant sales and profits along with higher margins compared to the middle and lower ends of the business jet market. However in the SE Asia, the trend of an increase in owner’s aircraft has grown to a significant extent which provides for a significant growth opportunity in the small business jet category. Business jet market in the region is however predominated by business jet charter.

The largest business charter fleet in the region is based in India, China and Australia. There is a significant number of millionaires and billionaires which comprises of the major chunk in the charter demand, where China is the major leader in the business charter market. In addition, the charter fleet in the country is dominated by large cabin and long range aircraft with more than 70% share in the business jet market.  Gulfstream and Bombardier’s aircraft dominate around 78% of the fleet in the business jet charter market in the country.

Market Dynamics

Expansion of trade in the developing markets, especially in the region has witnessed a significant increase demand for business travel including the demand for business jet charter along with owned private jets. Since it is a relatively new market, business jet owners in the region are emphasizing to reduce the administration and running costs of operating the business aircraft and are thereby considering the benefits of chartering and opting for fractional ownership options. With increase in mobile applications, media, and websites access to business jet charter has become easier and convenient than ever. However with the increase in demand and availability of jet charter, a number of challenging factors have begun to influence the market like security concerns and infrastructural issue. The demand from the replacement market is expected to increase which will lead to the growth of the market.

Key Players: Club One Air, Asia Corporate Jet, Business Aviation Asia, China Eastern, Execujet, among others.

Reasons to Purchase this Report:

  • Analyzing various perspectives of the market with the help of Porter’s Five Forces Analysis
  • Detailed analysis on the segment that is expected to register the highest growth rate
  • Study on the region and country that are expected to dominate the market
  • Identifying the latest developments, market shares and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate Sheet in Excel

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1. INTRODUCTION    

                 1.1 Scope of Study

                 1.2 Market Definition

                 1.3 Executive Summary

2. RESEARCH METHODOLOGY

                 2.1 Study Deliverables

                 2.2 Study Assumptions

                 2.3 Research Phases

3. MARKET INSIGHTS 

                 3.1 Current Market Scenario

                 3.2 Technology Trends

                 3.3 Industry Attractiveness – Porter’s Five Forces Analysis

                                         3.3.1 Bargaining Power of Suppliers

                                         3.3.2 Bargaining Power of Consumers

                                         3.3.3 Threat of New Entrants

                                         3.3.4 Threat of Substitute Products & Services

                                         3.3.5 Degree of Competition

4. MARKET DYNAMICS

                 4.1 Drivers

                 4.2 Restraints

                 4.3 Opportunites

5. SOUTH EAST ASIA BUSINESS JET MARKET, SEGMENTATION BY AIRCRAFT RANGE

                5.1 1000-3000 nm

                5.2 3000-5000 nm

                5.3 ABOVE 5000 nm

6. SOUTH EAST ASIA BUSINESS JET MARKET, SEGMENTATION BY AIRCRAFT SEATING CAPACITY

                6.1 Up to 10 Passengers

                6.2 10 to 25 Passengers

                6.3 25 and above Passengers

7. SOUTH EAST ASIA BUSINESS JET MARKET, SEGMENTATION BY GEOGRAPHY

                7.1 Indonesia

                7.2 Vietnam

                7.3 Thailand

                7.4 Malaysia

                7.5 Singapore

                7.6 Rest of South East Asia

8. COMPETITIVE LANDSCAPE

                8.1 Introduction

                8.2 Market Share Analysis

9. COMPANY PROFILES

                9.1 Club One Air

                9.2 AsiaCorporateJet.

                9.3 Business Aviation Asia Limited

                9.4 China Eastern Airlines

                9.5  DeerJet (Hong Kong) Business Jet Management Limited

                9.6 EXECUJET AVIATION GROUP

                9.7 GLOBAL JET

                9.8 Jet Aviation

                9.9 Paramount Business Jets

                9.10 Korean Air

                9.11 Jetcraft Corporation

                9.12 Metrojet Limited

                9.13  Lion Air

                9.14 LILY JET (HONGKONG)

                9.15 VistaJet US Inc.

                9.16 Pel-Air Aviation Pty Limited

                9.17 PREMIAIR

                9.19 Sino Jet Management Limited

                9.20 TAG Aviation

                9.21 ASIAN SKY GROUP

                9.22 Sapura Aero Sdn Bhd.

                9.23 Air Charter International (ACI)

                9.24 Pacific-Airlift (Singapore) Pte Ltd.

                9.25 Airbus S.A.S.

                9.26 Boeing

                9.27 Embraer S.A.

                9.28 Dassault Aviation

                9.29 Bombardier 

                9.30 Gulfstream Aerospace Corporation

10. FUTURE MARKET OUTLOOK

11. DISCLAIMER

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