South East Asia Business Jet Market - Growth, Trends and Forecasts (2017-2022)
The South East Asia Business Jet Market is poised to grow at a CAGR of over 9% during the forecast period, 2017-2022.
(EMAILWIRE.COM, September 26, 2017 ) The growth of the business aircraft market in the region is dominated with the upper end of large jets attracting significant sales and profits along with higher margins compared to the middle and lower ends of the business jet market. However in the SE Asia, the trend of an increase in owner’s aircraft has grown to a significant extent which provides for a significant growth opportunity in the small business jet category. Business jet market in the region is however predominated by business jet charter.
The largest business charter fleet in the region is based in India, China and Australia. There is a significant number of millionaires and billionaires which comprises of the major chunk in the charter demand, where China is the major leader in the business charter market. In addition, the charter fleet in the country is dominated by large cabin and long range aircraft with more than 70% share in the business jet market. Gulfstream and Bombardier’s aircraft dominate around 78% of the fleet in the business jet charter market in the country.
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Market Dynamics
Expansion of trade in the developing markets, especially in the region has witnessed a significant increase demand for business travel including the demand for business jet charter along with owned private jets. Since it is a relatively new market, business jet owners in the region are emphasizing to reduce the administration and running costs of operating the business aircraft and are thereby considering the benefits of chartering and opting for fractional ownership options. With increase in mobile applications, media, and websites access to business jet charter has become easier and convenient than ever. However with the increase in demand and availability of jet charter, a number of challenging factors have begun to influence the market like security concerns and infrastructural issue. The demand from the replacement market is expected to increase which will lead to the growth of the market.
Market Segmentation
The market for business jet market in South East Asia has been segmented by aircraft range, aircraft seating capacity, and popular sources and destinations.
Read more details of the report at: http://www.orbisresearch.com/reports/index/south-east-asia-business-jet-market-growth-trends-and-forecasts-2017-2022
On the basis of range the market is segmented by
1000-3000 NM
3000-5000 NM
Above 5000 NM
On the basis of seating capacity the market is segmented by
Up to 10 Passengers
10 to 25 Passengers
25 and above passengers
On the basis of region the market is segmented into
China
India
Indonesia
Australia
Thailand
Philippines
Malaysia
Singapore
Others
The major players in the South East Asia business jet market are
Club One Air
Asia Corporate Jet
Business Aviation Asia
Celebi Airports Services Pvt. Ltd.
China Eastern
Deer Jet
Execujet, etc.
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Contact Information:
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +916410101
The largest business charter fleet in the region is based in India, China and Australia. There is a significant number of millionaires and billionaires which comprises of the major chunk in the charter demand, where China is the major leader in the business charter market. In addition, the charter fleet in the country is dominated by large cabin and long range aircraft with more than 70% share in the business jet market. Gulfstream and Bombardier’s aircraft dominate around 78% of the fleet in the business jet charter market in the country.
Get PDF sample copy of this report at: http://www.orbisresearch.com/contacts/request-sample/224115
Market Dynamics
Expansion of trade in the developing markets, especially in the region has witnessed a significant increase demand for business travel including the demand for business jet charter along with owned private jets. Since it is a relatively new market, business jet owners in the region are emphasizing to reduce the administration and running costs of operating the business aircraft and are thereby considering the benefits of chartering and opting for fractional ownership options. With increase in mobile applications, media, and websites access to business jet charter has become easier and convenient than ever. However with the increase in demand and availability of jet charter, a number of challenging factors have begun to influence the market like security concerns and infrastructural issue. The demand from the replacement market is expected to increase which will lead to the growth of the market.
Market Segmentation
The market for business jet market in South East Asia has been segmented by aircraft range, aircraft seating capacity, and popular sources and destinations.
Read more details of the report at: http://www.orbisresearch.com/reports/index/south-east-asia-business-jet-market-growth-trends-and-forecasts-2017-2022
On the basis of range the market is segmented by
1000-3000 NM
3000-5000 NM
Above 5000 NM
On the basis of seating capacity the market is segmented by
Up to 10 Passengers
10 to 25 Passengers
25 and above passengers
On the basis of region the market is segmented into
China
India
Indonesia
Australia
Thailand
Philippines
Malaysia
Singapore
Others
The major players in the South East Asia business jet market are
Club One Air
Asia Corporate Jet
Business Aviation Asia
Celebi Airports Services Pvt. Ltd.
China Eastern
Deer Jet
Execujet, etc.
Enquire more details of the report at: http://www.orbisresearch.com/contact/purchase/224115
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Information:
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +916410101
Contact Information:
Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
----
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Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results