Global Business Jet Market Report 2022-2031 Featuring Top 5 OEMs - Gulfstream Aerospace, Bombardier, Dassault Aviation, Textron Aviation, & Embraer

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Dublin, June 09, 2022 (GLOBE NEWSWIRE) -- The "Global Business Jet Market-2022-2031 - Market Size, Competitive Landscape & Market Shares, Strategies & Plans for Industry OEMs, Key Trends & Growth Opportunities, Market Outlook & Demand Forecast through 2031" report has been added to ResearchAndMarkets.com's offering.

The Global Business Jet Market has been cruising steadily with strong demand for new & used jets with the industry witnessing a virtual windfall for order intake along with growing order books & surging backlogs driven by growing demand for private travel & bio-bubbles boosting demand for jets across segments especially from a large number of first time buyers entering the business aviation market.

The book to bill ratios across industry OEMs have been improving for the OEMs across segments while fleet utilization, too, continues to soar across the board, thereby, bolstering MRO activity and service revenues for the industry.

However, the industry has also been facing headwinds in form of continued challenges emanating from uncertainty over pandemic's likely direction going forward and the ongoing Russia-Ukraine War marked by supply chain disruptions, strains, uncertainty & bottlenecks apart from production disruptions owing to shortfall & rising material & input costs, including, ongoing global shortage of semi-conductors which have plagued production across industries.

Surging demand & fleet utilization levels have been pushing the industry value chain to the brim while spiraling up crude oil prices globally have been impacting profitability across fleet operators

The Aviation industry also continues to make steady & active progress towards transition to sustainability with the development of a range of sustainable aviation technologies geared towards effective de-carbonization over long term. The options have been led by increasing the usage of sustainable aviation fuels (SAFs) as the most feasible, near-term solution while taking steady steps towards transition to electric and hydrogen based propulsion over long term.

Against this backdrop, the report provides comprehensive insights & strategic analysis into the Global Business Jet Market with focus on a blend of quantitative & qualitative analysis.

Part 1 of the report analyzes market size, drivers & competitive landscape for the Global Business Jet Market.

Part 2 provides detailed analysis on key industry OEMs, including, comprehensive comparative analysis of product portfolios, financial analysis, SWOT framework analysis and key insights into the key strategies & plans of these OEMs.