Dublin, Feb. 20, 2025 (GLOBE NEWSWIRE) -- The "Business Jets - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Business Jets was estimated at US$22 Billion in 2023 and is projected to reach US$31.1 Billion by 2030, growing at a CAGR of 5.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. 
The growth in the business jets market is driven by several factors. Technological advancements have made business jets more efficient, comfortable, and versatile, appealing to a broader range of customers. The increasing globalization of business and the need for rapid, flexible travel solutions are significant drivers of demand, as companies seek to maintain a competitive edge by minimizing travel-related downtime.
The rise of fractional ownership and jet card programs is also expanding the market by making business jet travel more accessible to smaller companies and high-net-worth individuals who do not want the full financial burden of ownership. Additionally, the growing emphasis on sustainability and the development of more eco-friendly jets are attracting environmentally conscious consumers.
The expansion of the global economy, particularly in emerging markets, is creating new opportunities for growth, as businesses and individuals in these regions seek the benefits of private air travel.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Large Jets segment, which is expected to reach US$19.8 Billion by 2030 with a CAGR of a 4.8%. The Mid-Size Jets segment is also set to grow at 5.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $5.8 Billion in 2023, and China, forecasted to grow at an impressive 8.9% CAGR to reach $7.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Business Jets Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ACJ (Airbus Corporate Jets), Aircraft Chartering Services, ASQS, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 17 Featured):
- ACJ (Airbus Corporate Jets)
- Aircraft Chartering Services
- ASQS
- Aviation Technologies
- AVIATIONX
- Bombardier, Inc.
- Boom Technology, Inc.
- Bruce Aerospace
- Carlisle Lake District Airport
- Central Business Jets, Inc.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 182 |
| Forecast Period | 2023-2030 |
| Estimated Market Value (USD) in 2023 | $22 Billion |
| Forecasted Market Value (USD) by 2030 | $31.1 Billion |
| Compound Annual Growth Rate | 5.1% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/9xi2h4
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