Lewes, DE -- (SBWire) -- 04/02/2015 --Report forecast the Global Business Jet market to grow at CAGRs of 6.80 percent and 1.79 percent in terms of revenue and aircraft delivery, respectively, during the period 2014-2019.
A business jet is an aircraft mainly designed to transport a small number of passengers at a premium cost compared to a commercial airliner. Business jets are mostly owned and operated by corporations, wealthy people, government agencies, or commercial business jet operators that provide air charter or air taxi services. There also exist jet card program or fractional ownership schemes that allow customers to use the benefit of business jet travel without the need for full ownership of business jets.
This report covers the current scenario and the growth prospects of the Global Business Jet market for the period 2015-2019. The report provides the segmentation of the market by aircraft type and by region.
According to the report, an increase in demand for business jets from the Americas and the EMEA and APAC regions is one of the key factors propelling the market growth. The ease of financing facilitated by low interest rates has also resulted in an increase in ownership of business jets.
Further, the report states that environmental regulations restricting the operations of old business jets that do not meet the noise standards or emission criteria have remained a challenge in the market. Similarly, the current European crisis, as a result of political tension and economic slowdown, has adversely affected the market.
The Global Business Jet Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions. The report includes a discussion of the key vendors operating in this market.
Key players in the Global Business Jet Market: Bombardier, Cessna, Dassault Aviation Group, Embraer SA and Gulfstream Aerospace Corp
Other Prominent Vendors in the market are: Airbus, Beechcraft, Boeing, Diamond Jet, Eclipse Aerospace and Honda Aircraft.
Key Regions
- Americas
- APAC
- EMEA
Market Driver
- Demand for Business Jets
- For a full, detailed list, view our report
Market Challenge
- Environmental Policies and Regulations
- For a full, detailed list, view our report
Market Trend
- Business Jet Replacements
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 111 pages and 62 Exhibits "Global Business Jet Market 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Aircraft Type, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-business-jet-market-2015-2019
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