South East Asia Business Jet market Report speaks about the Market analysis. The process is analyzed thoroughly with respect three points, viz. Types, Application and Manufacturers with associated South East Asia Business Jet Cost Analysis (material cost, labour cost, etc.) and South East Asia Business Jet market size.
Short Overview Of South East Asia Business Jet Market Report
The South East Asia (SEA) business jet market is expected to register a high CAGR during the forecast period, 2018 to 2023. In South East Asia, China accounted for 60% of market share in 2015.
The growth of the SEA business aircraft market is dominated by upper end of large jets attracting significant sales and profits, along with higher margins, compared to middle and lower ends. The largest business charter fleet in the region is based in India, China and Australia. According to a Capgemini report, by the end of 2016, there were 28, 91,000 millionaires in Japan, 11,29, 000 in China and 2, 55,000 in Australia. The high number of HNIs in the region is expected to drive the business market. Gulfstream and Bombardierâs aircraft dominate around 78% of the fleet in the business jet charter market in the country. Organizations, including ASEAN and APEC, along with International Civil Aviation Organization (ICAO), International Business Aviation Council (IBAC) and the Asian Business Aviation Association (AsBAA) have been continuously involved to revise transportation regulations, in an effort to implement more efficient solutions for business jet operations
One of the major areas of development that the business jet manufacturers have been involved is in the introduction of the supersonic business jet (SSBJ). These business jets are planned to be small, intended to travel at speeds akin to Mach 1.0 and are typically designed to carry about 10-12 passengers. At present, SSBJs are only a concept, where several manufacturers have been working on the designing of these jets. For instance, Aerion SBJ is a concept for a supersonic business jet, designed by Aerion Corporation.
China to Dominate the Market Growth
China holds 60% of the market with a fleet size of 300 as of 2015. Business jet market in China is expected to register a CAGR close to 10% during the forecast period, 2018 to 2023.
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Top key players:
- Club One Air
- Asia Corporate Jet
- Business Aviation Asia
- Celebi Airports Services Pvt. Ltd
- China Eastern
- Deer Jet
- Global Jet
- Hawker Pacific
- Hong Kong Jet
- Jet Aviation
- Korean Air
- Lily Jet
- Lion Air
- Paramount Business Jets
- Vista Jet
- Pel-Air Aviation
- Sino Jet
- Tag Aviation Asia
- Asian Sky Group
- Sapura Aero
- Air Charter International
- Pacific Airlift
Main points include in This Market Research Report contains additional information of following points are as follows:
- Market growth
- Market Trends
- Market Forecast
- Market Size
- Cost Analysis
Reasons to Purchase this Report
South East Asia Business Jet market along with Report Research Design:
South East Asia Business Jet Market Historic Data (2013-2017):
- Industry Trends:Global Revenue, Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
South East Asia Business Jet Market Influencing Factors:
- Market Environment:Government Policies, Technological Changes, Market Risks.
- Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
South East Asia Business Jet Market Forecast (2018-2023):
- Market Size Forecast:Global Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
- Key Data (Revenue):Market Size, Market Share, Growth Rate, Growth, Product Sales Price.
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Trend and forecast analysis: Market trend, forecast and Analysis to 2023 by segments and region.
Segmentation analysis: Global South East Asia Business Jet market size by various applications such as product, material, shape, and end use in terms of value and volume shipment.
Regional analysis: Global South East Asia Business Jet market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions in the global South East Asia Business Jet
Strategic analysis:This includes new product development, and competitive landscape in the global South East Asia Business Jet
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South East Asia Business Jet Market report also include data type such as capacity, production, market share, price, growth rate, consumption, import, export etc. Industry chain, manufacturing process, cost structure, marketing channel are also analyzed in this report.