Market Highlights:
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. The business jet offers several facilities such are safe and cost effective mode of travel, reduce travel time and conduct business during the flight. There has been significant rise in number of business jet aircraft model with figure stood up to 21,339 in United States alone in 2018, the future for business jet looks promising. The major companies are introducing latest technology based business jet in Asia-Pacific and Middle East region to as its demand is observed in flight scheduling and efficient profit through aviation. The market study is being classified by Type (Light Business Jets, Mid-Size Business Jets and Large Business Jets), by Application (Business, Commercial and Amphibious aircrafts) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Key Players:
The prominent players in the Business Jet are Bombardier Inc. (Canada), Dassault Aviation S.A. (France), Cessna Aircraft Company (United States), Gulfstream Aerospace Corporation (United States), Embraer S.A. (Brazil), Adam Aircraft (United States), Boeing Commercial Airplanes (United States), Eclipse Aviation (United States), Hawker Beechcraft (United States), Honda Aircraft Company (United States), Israel Aerospace Industries (Israel) and Pipe Aircraft (United States).

Major Market Development Highlights
In March, 2019, Dassault Aviation acquired MRO-business ExecuJet and TAG Aviation Group. This acquisition is beneficial in strengthening its global presence and increase the market share of the falcon maintenance team.
In December 2018, The Boeing Co. launched an BBJ 777X, a new boeing business jet model which is beneficial in providing longest range of 11,645 nautical miles and a 3,256-square-foot cabin and unlimited interior design options to ensure ultimate comfort for long distance travel.

Key Questions Answered in the Report
What will the Business Jet Market size and the growth rate be in Future?
What are the key factors driving the Business Jet Market?
What are the key market trends and macro-economic impacting the growth of the Business Jet Market?
What are the challenges to market growth?
Who are the key vendors in the Business Jet Market?
What are the market opportunities and threats faced by the vendors in the Business Jet Market?
Trending factors influencing the market shares of the Manufacturers.
What are the key outcomes of the five forces analysis of the Business Jet Market?

Refer complete Table of Content of Business Jet Market Study

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Business Jet market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Business Jet market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Business Jet Manufacturers, Business Jet Traders, End-Use Market Participants of Different Segments of Business Jet, Government and Research Organizations, R&D Institutions and Others.
This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.