The global recession has hit the business jet market
hard. It is predicted that the manufacturing of new business jets is not likely
to reach to pre-recession levels for almost another ten years. Deliveries of
new business jets which stood at approximately 1300 in 2008 halved to about 600
in 2012.
In the Asian region, the players are focused on China
and India. It is expected that in the next decade the business aviation industry
in India will grow three times and emerge as the third largest aviation market
by 2020. Boeing has anticipatedIndia’s demand for aircraft to reach 1,740,
valued at USD 240 billion, over the next 20 years in India.Given the economic
strengths and the rising demand from India, the business jets sector is betting
highly on the market's potential.
Currently, India outnumbers both China and Japan when
it comes to private jets.Most Indians who can afford a private jet refrain from
buying one due to the infrastructural challenges, high costs and maintenance.
Why should the
report be purchased?
The report ‘Indian
Business Jets Market 2015: Competitive Landscape & Opportunities’
highlights key drivers of and trends emerging in India and China’s business jet
market. All key players in the business jets industry in the country including
Gulfstream Aerospace Corp., Bombardier Inc., Cessna Aircraft, Honeywell
International Inc., Embraer S.A. and Dassault Aviation have been profiled. The
current market scenario and future prospects of the sector has also been
examined. The report contains latest industry leaders verbatim.
Research
methodology
Publisher has conducted in depth secondary research
to arrive at key insights. Data collected from key public industry sources and
publications has been scanned and analyzed impartially to present a clear
picture of the industry. All recent developments which impact the sector
dynamics have been captured and used to support the research hypothesis.
Spanning over 50 pages “Indian Business Jets Market 2015: Competitive Landscape
& Opportunities” report covers Infographic,
Global Business Jets Market, Indian Business Jets Market, Competitive
Landscape, Other Emerging Business Jets Markets, Research Methodology. The
report covered companies are - Gulfstream Aerospace Corp., Bombardier Inc.,
Cessna Aircraft, Honeywell International Inc., Embraer S.A., Dassault Aviation,
Boeing
Find more information Visit at: http://mrr.cm/ozN
Find all Transport
Report at: http://www.marketresearchreports.com/transport
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