Business Jets Market Research Report 2022-2030

July 14, 2022 ⚊ 1 Min read ⚊ Views 92 ⚊ BUSINESS

The Business Jets Market size is expected to grow from USD 30.1billion in 2022 to USD 41.8 billion by 2030, at a CAGR of 4.2% during the forecast period. The market for business jetsis driven by various factors, such asthe increasing demand for improved passenger experience and replacement of old aircraft fleets.The manufacturers of business jets are primarily focused on improving passenger experience and enhancing operational efficiency. However, complex product certification procedure and uncertainty of ordersare limiting the overall growth of the market.

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Tags: defence market research report

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