Insights on the Business Jets Global Market to 2027 – 44 Players Featured Including Bombardier, Dassault Aviation and Embraer – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Business Jets – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Business Jets estimated at US$30.1 Billion in the year 2020, is projected to reach a revised size of US$44.6 Billion by 2027, growing at a CAGR of 5.8% over the analysis period 2020-2027.
Light Jets, one of the segments analyzed in the report, is projected to record a 7.4% CAGR and reach US$11.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Mid-Size Jets segment is readjusted to a revised 7.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $8.2 Billion, While China is Forecast to Grow at 9.1% CAGR
The Business Jets market in the U.S. is estimated at US$8.2 Billion in the year 2020. China, the world’s…