Global Light Business Jet Market Report 2017-2021 - Preference Toward Leasing an Aircraft Over Conventional Procurement

Dublin, Nov. 01, 2017 -- The "Global Light Business Jet Market 2017-2021" report has been added to Research and Markets' offering.

The global light business jet market to grow at a CAGR of 5.68% during the period 2017-2021.

Global Light Business Jet Market 2017-2021, 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.

One trend in the market is adoption of 3D printing. The aerospace industry is rapidly growing, and aircraft OEMs are looking for ways to meet the increasing demand of the market. They are pioneering innovations and are adopting new and innovative methods to increase their production rate. One such innovation is 3D printing.

According to the report, one driver in the market is preference toward leasing an aircraft over conventional procurement. As most chartered airlines operate in low-profit-margins (merged profits), it becomes challenging for them to pay substantial amounts of cash for the purchase of fleets or new-generation business jets. Also, maintaining a robust fleet structure is imperative for airline operators to maximize their offerings and customer reach. With the evolving dynamics of aircraft leasing businesses, chartered airlines can now access a comfortable option for adding new aircraft to their fleets through leasing arrangements from aircraft financing entities.

Further, the report states that one challenge in the market is planetary financial support for R&D. The success of the business aviation industry depends on R&D investments, along with technological and business innovations. Although the financial support for aeronautics R&D is mainly provided by governments to achieve important national goals, some funds are provided by business jet suppliers and OEMs. However, compared with other sectors of the global aviation industry, the focus on the R&D for the global business jet sector has decreased.

Key vendors

• Bombardier
• Embraer
• Textron Aviation

Other prominent vendors

• Cirrus Aircraft
• Honda Aircraft Company
• PILATUS AIRCRAFT

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Aircraft Type

Part 07: Geographical Segmentation

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

Part 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/72bmwr/global_light

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