Technavio Announces the Publication of
its Research Report Global Business Jet Market 2016-2020
Technavio recognizes the following companies as the key players in the global business jet market: Airbus, Boeing, Bombardier, Embraer, and Gulfstream Aerospace
Other Prominent Vendors in the market are: Dassault Aviation, Beechcraft, Diamond Aircraft, Eclipse Aerospace, and Honda Aircraft
Commenting on the report, an analyst from Technavio’s team said: “Innovations are playing major role in product and avionics systems technological advancements, in order to withstand in the competitive market. For example, Airbus is implementing additive layer technologies such as 3D printing for new fuselage designs. Such techniques enable customization of cabin components with lightweight and sophisticated design. Avionics systems play a major role in an efficient flight movement, and these systems need to be upgraded at regular intervals to ensure the safety of passengers and crew.”
Technavio recognizes the following companies as the key players in the global business jet market: Airbus, Boeing, Bombardier, Embraer, and Gulfstream Aerospace
Other Prominent Vendors in the market are: Dassault Aviation, Beechcraft, Diamond Aircraft, Eclipse Aerospace, and Honda Aircraft
Commenting on the report, an analyst from Technavio’s team said: “Innovations are playing major role in product and avionics systems technological advancements, in order to withstand in the competitive market. For example, Airbus is implementing additive layer technologies such as 3D printing for new fuselage designs. Such techniques enable customization of cabin components with lightweight and sophisticated design. Avionics systems play a major role in an efficient flight movement, and these systems need to be upgraded at regular intervals to ensure the safety of passengers and crew.”
According to the report, meeting
environmental regulations with respect to the carbon footprint is one of the
major concerns in the aviation industry. This has also influenced the global
business jet market that is gradually witnessing the development of
eco-friendly aircraft. These designs focus on lesser fuel consumption and the
consequent lesser carbon emission. The tendency to shift toward eco-friendly
designs continues to increase from large wide-body aircraft and twin-aisle VIP
aircraft completions to even small VIP single-aisle jets.
Further, the report states that the airline industry is a highly competitive market. To attract and retain customers, the airlines need to showcase their products with respect to the customer benefits. However, the increasing technological enhancements and shifting consumer demands, along with highly complex systems may ultimately challenge the ability to make decisions based on optimization balances.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Further, the report states that the airline industry is a highly competitive market. To attract and retain customers, the airlines need to showcase their products with respect to the customer benefits. However, the increasing technological enhancements and shifting consumer demands, along with highly complex systems may ultimately challenge the ability to make decisions based on optimization balances.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get Discount: https://marketreportscenter.com/request-discount/455981
About
Business Jets
A business jet is an aircraft that is designed to transport small number of passengers. The travel prices for business jets are significantly higher than that of commercial airliners. These jets are usually owned and operated by corporations, individuals, government agencies, or commercial business jet operators that provide business jet charter services. Schemes such as Jet Card programs or fractional ownership allow customers to have the benefit of business jet travel without having to own one.
Technavio’s analysts forecast the global business jet market to grow at a CAGR of 6.91% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global business jet market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of business jet aircraft while taking into consideration the average price of light business jet, mid-size business jet, and large business jet.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Business Jet Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Airbus
• Boeing
• Bombardier
• Embraer
• Gulfstream Aerospace
Other prominent vendors
• Dassault Aviation
• Beechcraft
• Diamond Aircraft
• Eclipse Aerospace
• Honda Aircraft
Market driver
• Advent of new development programs and financing techniques
• For a full, detailed list, view our report
Market challenge
• Stringent regulations and environmental policies
• For a full, detailed list, view our report
Market trend
• Emergence of 3D printing and use of composite materials
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 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?
A business jet is an aircraft that is designed to transport small number of passengers. The travel prices for business jets are significantly higher than that of commercial airliners. These jets are usually owned and operated by corporations, individuals, government agencies, or commercial business jet operators that provide business jet charter services. Schemes such as Jet Card programs or fractional ownership allow customers to have the benefit of business jet travel without having to own one.
Technavio’s analysts forecast the global business jet market to grow at a CAGR of 6.91% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global business jet market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of business jet aircraft while taking into consideration the average price of light business jet, mid-size business jet, and large business jet.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Business Jet Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Airbus
• Boeing
• Bombardier
• Embraer
• Gulfstream Aerospace
Other prominent vendors
• Dassault Aviation
• Beechcraft
• Diamond Aircraft
• Eclipse Aerospace
• Honda Aircraft
Market driver
• Advent of new development programs and financing techniques
• For a full, detailed list, view our report
Market challenge
• Stringent regulations and environmental policies
• For a full, detailed list, view our report
Market trend
• Emergence of 3D printing and use of composite materials
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 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?
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