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The business jet market size is forecast to increase by USD 4.9 billion at a CAGR of 3.3% between 2023 and 2028. The market is experiencing significant growth due to several key trends and factors. Increased global connectivity has led to an increase in demand for private jet travel, enabling executives and high net worth individuals to save time and maintain productivity while on the move. Business jets have the advantage of being able to reach more airports than commercial airlines, including airports in remote or underserved areas. Additionally, the preference for long-range aircrafts is on the rise, as they offer greater flexibility and the ability to cover longer distances in a single flight. Furthermore, growing global geopolitical issues have heightened the need for secure and efficient air travel, making business jets an attractive option for governments and corporations alike. These factors, among others, are driving the growth of the business jet market and are expected to continue shaping its trajectory in the coming years.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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