Global Business Jet Market Outlook 2024-2027: Transition to Sustainability the Topmost, Long-Term Priority for Business Aviation

DUBLIN, March 29, 2024 /PRNewswire/ — The “Top 5 Companies in the Global Business Jet Market: Gulfstream, Bombardier, Dassault, Embraer, Textron – Comparative SWOT & Strategy Focus, 2024-2027” report has been added to ResearchAndMarkets.com’s offering.

The Global Business Jet Market continues to be on a strong footing as reflected by the aircraft deliveries for 2023 and robust order backlog positions being maintained by all industry OEMs, as of end of 2023 results. The deliveries of business jets witnessed a marginal, year-on-year increase for 2023 at 730 units, as against 712 units for 2022, while facing significant headwinds, in form, of supply chain challenges causing capacity constraints, shortage of skilled workforce and regulatory, policy and sustainability challenges.

The industry OEMs continue to maintain significant order backlogs and register strong aftermarket activity which is likely to provide revenue stability and strong incoming cash flow stream from MRO activity over near term. as fleet utilization levels for business jets continue to surge across most key markets, including, North America, Europe and Asia-Pacific amid slowing down of overall macroeconomic growth in response to the unprecedented monetary policy tightening underway globally.

Strong Long-Term Fundamentals for Business Aviation amid Persistent Near-Term Challenges

The long term view for business aviation remains upbeat and growth-bound with strong market fundamentals, underscored by economic growth & wealth creation, combined with the unbeatable promise of safety, convenience, efficiency and privacy. However, near-term challenges continue to persist; in form of, a complex, uncertain & challenging macroeconomic environment marked by high inflation, rising interest rates and sustained geopolitical instability with the Russia–Ukraine war entering its third year and Israel-Hamas war keeping the entire Middle East region on the edge; which may impact order intake for new jets over near term with global economy projected to slow down.

Furthermore, continued monetary policy tightening, underway across most parts of the world, is sparking recessionary fears with the U.K. and Japanese economies already in recession technically, as of Q1 2024, and the U.S. economy projected to undertake a soft landing over near term, thereby, raising the specter of a global economic recession.

Transition to Sustainability being the Topmost, Long-Term Priority for Business Aviation:

Sustainability challenges remain the top near to long-term priority for business aviation while facing a strong activist campaigning & public backlash over emissions amid regulatory uncertainties with the industry required to go green and become absolutely carbon-neutral by 2050 by transitioning to sustainable power sources. Further, the active pursuit of research by the industry seeking radical aerodynamic improvements for reducing Carbon emissions, rapidly scaling up SAF production and active transitioning towards electrification & hybrid propulsion are the harbingers & building blocks for the creation of a new, sustainability-oriented & environmentally-attuned business aviation industry & eco-system going forward.

Companies Featured: Gulfstream Aerospace, Bombardier, Dassault Aviation, Textron Aviation and Embraer

Study Coverage

Against this backdrop, the report provides a comprehensive Comparative SWOT and insights into the Strategy Focus for the Global Top 5 Business Jet Manufacturers with focus on a blend of quantitative & qualitative analysis. The report provides a detailed analysis on the business jet manufacturers, including:

Comprehensive analysis of comparative business & product portfolios and strategic market positioningAnalysis of Overall Strategy FocusAnalysis of Key Strategies & Plans for the Medium Term HorizonDetailed Comparative SWOT Analysis for the OEMsOutlining of Key Trends and Growth OpportunitiesAnalysis of Emerging & Game Changer TechnologiesProjections and deliveries forecast for Business Jets over near to medium term horizon

Key Topics Covered:
Section – 1: Business Structure & Snapshot – World’s Top 5 Business Jet OEMs

FoundedHeadquarteredBusiness SegmentsEmployeesRevenuesMarket CapitalizationKey ExecutivesShareholding/Ownership Pattern & Structure

Section – 2: Financial Performance Snapshot & Analysis – Charts & Analysis for each Company:

Revenue Base & Growth TrendRevenues Split by Key SegmentsRevenues Split by Key Geographic Markets & RegionsGross Earnings & Margin TrendOperating Earnings & Operating Margin TrendReturn on Sales TrendProfitability Growth TrendCash Flow from OperationsR&D Expenditure TrendCAPEX TrendOrder Intake TrendOrder Backlog Position & Growth Trend

Section – 3: SWOT Analysis

Section – 4: Comparative Analysis of Strengths

Section – 5: Comparative Analysis of Weaknesses

Section – 6: Strategy Focus across OEMs – Near to Medium Term – For the 5 Leading Business Jet Manufacturers

Section – 7: Analysis of Key Strategies & Plans for the 5 Leading Industry OEMs – Near to Medium Term

Product Portfolio Strategies & PlansMarket Specific Strategies & PlansR&D Strategies & PlansGrowth Strategies & PlansBusiness and Corporate Strategies & PlansSales & Marketing Strategies & PlansProduction/Manufacturing Strategies & PlansFinancial Strategies & PlansAcquisitions, Strategic Alliances & JVsOther Strategies, Strategic Initiatives & Imperatives

Section – 8: Key Trends

Section – 9: Key Issues, Challenges & Risk Factors

Section – 10: Global Business Jet Market – Force Field Analysis – Analysis of Driving & Restraining Forces and their Overall Dynamics

Section – 11: Global Business Jet Market – Strategic Outlook through 2032

 Analysis of Emerging Market Scenario for Business JetsGlobal Demand Outlook for Business Jets – Forecast to 2032Global Demand Projections for Key Market Segments – Based on Aircraft Size (Light, Medium & Heavy Jets)Aircraft Delivery Units projections for SegmentsValue of Projected Aircraft Deliveries across SegmentsGrowth Rates for SegmentsFleet Size Growth for Segments

4. Demand Projections for Key Geographic Markets & Regions

Aircraft Delivery Units projections for Key Markets/RegionsValue of Projected Aircraft Deliveries for Key Markets /RegionsFleet Size Growth projections for Markets/RegionsAircraft Delivery Units projections for Key Market Segments (Light, Medium & Heavy Jets) across Markets/RegionsValue of Projected Aircraft Deliveries across Key Market Segments (Light, Medium & Heavy Jets) for Markets /Regions

For more information about this report visit https://www.researchandmarkets.com/r/iqlcrl

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