Aviation News
Press release distribution service
Home > Aviation News & Resources
Aviation Industry
  • Aviation News
  • Business Aviation
  • Commercial Aviation
  • Defense
  • Submit News

    Watch Aviation News

  • Airbus News
  • Airlines News
  • Airport News
  • Aviation News
  • Boeing News

  • Business Jets Market worth $41.8 billion by 2030 at a CAGR of 4.2%

     



    (Aviation-NewsWire.Com, July 11, 2022 ) The business jets market report provides an analysis of the market from 2022 to 2030. It discusses industry and technology trends prevailing in the market, along with the market drivers, restraints, challenges, and opportunities. The business jets market is projected to grow from USD 30.1 billion in 2022 to USD 41.8 billion by 2030, at a CAGR of 4.2% from 2022 to 2030. The business jets market is expected to witness substantial growth during the forecast period, due to demand for improved passenger experience, replacement of old aircraft fleets and increase in number of high-net-worth individuals.



    Download PDF Brochure @



    https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=33698426



    Based on point of sale, the business jets market is segmented into OEM and aftermarket. The OEM segment will register highest CAGR during the forecast period. Business aircraft OEMs are strongly focused on boosting production rates through the next few years in order to meet the delivery schedules. The OEM market includes the study of propulsion systems as well. The propulsion systems considered include conventional and hybrid-electric propulsion systems and the components used in both types. The rising pressure on OEMs to meet delivery schedules of business jets is likely to grow the OEM segment.



    Based on range, the business jets market is segmented into less than 3,000 NM, 3,000-5,000 NM and more than 5,000 NM. The less than 3,000 NM segment is expected to grow at the highest CAGR during the forecast period. Rise in demand for short-haul and intercity travel is expected to drive the overall demand in the business jets market.



    Based on region, the business jets market has been segmented into 6 regions, namely, North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa. The Middle East business jets market is projected to grow at the highest CAGR during the forecast period from 2022 to 2030. The business jets market in the region is expected to witness significant growth due to rapid growth in air travel and development of new aircraft models by regional companies.



    Ask for Sample Report @



    https://www.marketsandmarkets.com/requestsampleNew.asp?id=33698426





    About MarketsandMarkets™



    MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.



    MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

    MarketsandMarkets™

    Mr. Aashish Mehra

    1-888-600-6441

    sales@marketsandmarkets.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Aviation News & Resources

    Aviation Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Governing
    Point of Beginning
    Overall Labor Effectiveness (OLE) Achieving a Highly Effective Workforce

    No credit cards, coupons, or promo codes required. Try it today!

    Press release service

    Aviation-Newswire.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    Aviation-NewsWire.Com - Newswire and Press Release service of GroupWeb Media LLC