North America Business Jet Market Size- By Business Jet Type, By System- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

Introduction and Overview

According to SPER market research, 'North America Business Jet Market Size - By Business Jet Type, By System - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the North America Business Jet Market is predicted to reach USD 17.22 billion by 2033 with a CAGR of 3.63%.

Small group travel is the intended use of business jets. Recent years have seen a rise in the number of high-net-worth individuals traveling, which has significantly increased demand for private aviation and improved sales of business aircraft worldwide. Furthermore, the traditional pivots and core of business aviation remain buoyant due to the demand from corporate and high net worth clients. Additionally, it is anticipated that fleet modernization programs in developed and developing nations will increase fleet capabilities and create demand for brand-new charter services with modernized cabin interiors.

The COVID-19 pandemic had an impact on business jet deliveries overall, which fell by a quarter in 2019 and 2021. Business jet use and acquisition are impacted by travel restrictions and the region's declining economic activity. But as the restrictions lifted due to the pandemic and aircraft manufacturing began again in 2021, the business jet market in North America began to decline.

Scope of the Report

Report Metric Details:

Market size available for years: 2019-2033

Base year considered: 2022

Forecast period: 2023-2033

Segments covered: By Business Jet Type, By System

Regions covered: Eastern Region, Western Region, Southern Region, Northern Region

Companies Covered: Honda Motor Co., Ltd., Bombardier Inc., Cirrus Design Corporation, Dassault Aviation, Embraer, General Dynamics Corporation, Pilatus Aircraft Ltd, Textron Inc.

Market Segmentation

By Business Jet Type: Based on the Business Jet Type, North America Business Jet Market is segmented as; Light Business Jet, Mid-Sized Business Jet, Large Business Jet.

By System: Based on the System, North America Business Jet Market is segmented as; Propulsion System, Aero Structure, Avionics, Others.

By Region: This research also includes data for Canada, Mexico, United States, Rest of North America.

Product Code: AERO2404

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the North America Business Jet Market

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. North America Business Jet Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Business Jet Market

7. North America Business Jet Market, By Business Jet Type (USD Million)

7.1. North America Business Jet Market Value Share and Forecast, By Business Jet Type, 2023-2033
7.2. Light Business Jet
7.3. Mid-Sized Business Jet
7.4. Large Business Jet

8. North America Business Jet Market, By System (USD Million)

8.1. North America Business Jet Market Value Share and Forecast, By System, 2023-2033
8.2. Propulsion System
8.3. Aero Structure
8.4. Avionics
8.5. Others

9. North America Business Jet Market Forecast, 2019-2033 (USD Million)

9.1. North America Business Jet Market Size and Market Share

10. North America Business Jet Market, By Business Jet Type, 2019-2033 (USD Million)

10.1. North America Business Jet Market Size and Market Share By Business Jet Type (2019-2026)
10.2. North America Business Jet Market Size and Market Share By Business Jet Type (2027-2033)

11. North America Business Jet Market, By System, 2019-2033 (USD Million)

11.1. North America Business Jet Market Size and Market Share By System (2019-2026)
11.2. North America Business Jet Market Size and Market Share By System (2027-2033)

12. North America Business Jet Market, By Region, 2019-2033 (USD Million)

12.1. North America Business Jet Market Size and Market Share By Region (2019-2026)
12.2. North America Business Jet Market Size and Market Share By Region (2027-2033)
12.3. Canada
12.4. Mexico
12.5. United States
12.6. Rest of North America

13. Company Profile

13.1. Honda Motor Co., Ltd.
- 13.1.1. Company details
- 13.1.2. Financial outlook
- 13.1.3. Product summary
- 13.1.4. Recent developments
13.2. Bombardier Inc.
- 13.2.1. Company details
- 13.2.2. Financial outlook
- 13.2.3. Product summary
- 13.2.4. Recent developments
13.3. Cirrus Design Corporation
- 13.3.1. Company details
- 13.3.2. Financial outlook
- 13.3.3. Product summary
- 13.3.4. Recent developments
13.4. Dassault Aviation
- 13.4.1. Company details
- 13.4.2. Financial outlook
- 13.4.3. Product summary
- 13.4.4. Recent developments
13.5. Embraer
- 13.5.1. Company details
- 13.5.2. Financial outlook
- 13.5.3. Product summary
- 13.5.4. Recent developments
13.6. General Dynamics Corporation
- 13.6.1. Company details
- 13.6.2. Financial outlook
- 13.6.3. Product summary
- 13.6.4. Recent developments
13.7. Pilatus Aircraft Ltd
- 13.7.1. Company details
- 13.7.2. Financial outlook
- 13.7.3. Product summary
- 13.7.4. Recent developments
13.8. Textron Inc.
- 13.8.1. Company details
- 13.8.2. Financial outlook
- 13.8.3. Product summary
- 13.8.4. Recent developments