China to Dominate the South East Asia Business Jet Market Growth

The South East Asia 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.

Browse details of 86 pages research report developed on South East Asia Business Jet Market @ https://www.researchcosmos.com/reports/south-east-asia-business-jet-market-analysis-of-growth-trends-and-forecast-2018-2023/9692193

South East Asia Business Jet Market Overview

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 Bombardier’s 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

South East Asia Business Jet Market – Technological Advancements

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.

Avail Sample Market Brochure of the report for more information to understand report usefulness, Get a Copy @ https://www.researchcosmos.com/request/9692193

China to Dominate the South East Asia Business Jet 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.

Key Developments in the South East Asia Business Jet Market

January 2018: Aerolíneas Ejecutivas expands fractional fleet in Mexico with new Cessna Citation Latitude aircraft.

January 2018: Bombardier debuts global 7000 Mock-Up at Jetex private terminal in Dubai

Major players:

BOMBARDIER, CESSNA, GULFSTREAM, HAWKER, AIRBUS, BOEING, EMBRAER, DASSAULT

Reasons to Purchase this Report

The report analyses how the jet fuel price will impact the south East Asia business jet industry.

Analyzing various perspectives of the market with the help of Porter’s five forces analysis.

Study on the aircraft type segment is gaining popularity in the region

Study on the regions that are expected to witness fastest growth during the forecast period.

Identify the latest developments, market shares and strategies employed by the major market players.

3 months analyst support along with the Market Estimate sheet in excel.

Customization of the Report

This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.

Inquire before buying this report @ https://www.researchcosmos.com/inquire/8612131

About Research Cosmos:

Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on gamut of sectors across the globe. We’re associated with world renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.

Contact Us:
Kevin Stewart
Sales Manager
Research Cosmos
www.researchcosmos.com
kevin@researchcosmos.com
#  +1 888 709 8757

About Dani

Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on the gamut of sectors across the globe. We’re associated with world-renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.

View all posts by Dani →