Business Jet Industry Outlook
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The market is expected expand at a cagr of over 3 over the forecast period.
Business jet industry outlook. Jetcraft s latest industry outlook focuses solely on the pre owned market delivering a precise comparative and quantified look at business aviation post covid 19. Honeywell s 2020 business aviation outlook forecasts up to 7 300 new business jet deliveries worth 235 billion from 2021 to 2030 down 4 from the same 10 year forecast a year ago. For the first time this year s forecast includes trends from jetcraft s past transactional data and customer insights offering a unique exploration of buyer behavior to.
Flight shaming and environmental concerns flight shaming. Bombardier inc textron inc dassault aviation sa and airbus se. Factors such as continuous wealth creation in mature markets as well as the rising penetration of business aviation in emerging economies are anticipated to drive the growth.
The business jet market is anticipated to reach a cagr of over 1 during the forecast period 2020 2025. Cae s outlook also includes ideas on how to leverage data and analytical insights. Like many other industries general aviation has undergone many changes from year to year.
Business aviation industry experienced an expanding trend in its fleet capacity in the last years with the total fleet size increasing from 19 894 in 2015 to 21 888 aircraft in 2019. The global business jet market size was valued at usd 23 57 billion with an estimated 703 jets delivered in 2018. With this 2020 2029 pilot demand outlook we hope to arm the industry with the insights that will help the global aviation community understand rethink and learn about how to build and grow the supply of highly qualified pilots.
Industry analysis outlook 2018 2022 offers an in depth analysis of the global and regional markets. What can pilots and other industry professionals expect in 2020. Business jet fleet size in the greater bay area in china 2018 by city major business jet operators in the greater bay area china 2018 by fleet size market share of bathtubs by material type.
The major companies that have been covered in the report include.
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