Global private jet market is estimated to project a CAGR of 4.1% over the forecast period (2021 – 2030). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.  Latest statistical data titled Private Jet Market has been published by Absolute Markets Insights. The report offers an overview of various features of recent trends such as challenges, application this are comprehensively discussed in order to offer an in-depth analysis of the progress of the industries. Effective research methods such as qualitative and quantitative analysis are also used to generate accurate data.

Following are some of the key players in the global private jet market:

  • Airbus
  • Boeing
  • Bombardier
  • DASSAULT AVIATION
  • Embraer
  • Gulfstream Aerospace Corporation
  • PILATUS AIRCRAFT LTD
  • Textron Aviation Inc.
  • Honda Aircraft Company
  • PIAGGIO AERO INDUSTRIES S.p.A.
  • Other Market Participants

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Global Private Jet Market Report Highlights

  • Based on the private jet type, large private jets are estimated to accelerate with the highest growth rate in the global private jet market over the forecast period. The demand for private jet is high as it offers larger cabin space that can accommodate approximately 15 to 19 people.
  • The new private jet segment is gaining traction in the global private jet market and is anticipated to surge with a substantial growth rate over the period of next eight years. The inventory of pre-owned private jets has reduced considerably. Business owners and individuals are compelled to procure new private jets, although there is a spike rise in the wait time for delivery.  
  • Individual and corporate consumers in the global private jet market are anticipated to witness fastest growth rate over the forecast period. The private jet manufacturers have reported to have received an increased interest from this sector to procure new private jets, irrespective of the long delivery timelines.
  • Asia Pacific is anticipated to witness highest growth rate over the forecast period in the global private jet market. A huge population from these countries are looking forward to procure private jets for luxury travelling along with safety. Increasing demand from the corporate sector is another factor fueling the region’s growth in the global market.
  • Investments towards development of all electric private jets is predicted to proliferate the growth of private jet market over the forecast period.

 

Global Private Jet Market Segmentation

The global private jet market has been segmented on the basis of type, revenue model and region, which are further classified into countries:

Private Jet Market – By Type Outlook

  • Light Private Jets
  • Mid-Sized Private Jets
  • Large Private Jets

Private Jet Market – By Revenue Model Outlook

  • New
  • Pre-owned

Private Jet Market – By End Users Outlook

  • Individuals and Corporate
  • Operators

Private Jet Market - By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

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