Summary

The business jet market size is expected to grow from USD 95.80 billion in 2024 to USD 156.99 billion by 2032, at a CAGR of 6.4% from 2024 to 2032. The increasing technological advancements such as innovations in aircraft design and onboarded amenities are attracting more buyers. The increased focus on improving passenger experience and enhancing operational efficiency is driving the business jet market. However, complex rules and regulations for business jet certification a high maintenance cost are limiting the overall growth of the market.

“The Large aircraft type segment is expected to hold the highest market share in 2024.”

Based on aircraft type, the large aircraft segment of the business jet market is estimated to have highest market share in 2024. Large business jets are equipped with a large and spacious cabin with advanced avionics, luxury and comfort. These are mostly preferred for long-haul travel. The increased demand for intercity travel is driving the growth of large business jets. The increased international travel by high-net-worth individuals (HNWIs) and corporations is also adding to the overall growth of business jet market.

“The private user segment of end use is expected to hold the largest share in 2024.”

Based on end use, the private user segment is expected to hold the largest share in 2024. The desire for privacy, flexibility and convenience is driving the market for private users. Additionally, due to the fact that the private users can customize their aircraft as per their preferences and have a complete control over travel schedule is expected to drive this market segment. Increasing trend of adopting fractional ownership or leasing the aircraft to reduce costs is also driving the private user segment.

“Europe is projected to have the second highest share in 2024.”

Europe is projected to account for the second largest share of the business jet market in 2024. Europe emphasis more on sustainability, with increasing interest in eco-friendly operations and sustainable aviation fuels. The presence of major electric aircraft manufacturers such as lilium (Germany), Vertical Aerospace (UK), Heart Aerospace (Sweden) among others. The strong demand for business travel among European countries and neighboring countries is expected to drive the market. European private jet market is fueled by the robust market for used/re-sale private jets.

Break-up of profiles of primary participants in the business jet market

• By Company Type: Tier 1 – 35%, Tier 2 – 54%, and Tier 3 – 20%
• By Designation: C-Level Executives – 35%, Directors – 25%, and Others – 40%
• By Region: North America – 40%, Europe – 20%, Asia Pacific – 30%, Latin America- 5%, Middle East- 3%, Africa- 2%
Dassault Aviation (France), Textron Inc. (US), Bombardier Inc. (Canada), Embraer SA (Brazil), Gulfstream Aerospace (US), among others. These key players offer connectivity applicable to various sectors and have well-equipped and strong distribution networks across North America, Europe, Asia Pacifica, Latin America, Middle East and Africa.

Research Coverage :

In terms of end use, the business jet market is divided into private users, operators. The aircraft type segment includes light, mid-size, large and airliner. The point-of-sale segment includes pre-owned, OEM and aftermarket. Based on the range, the business jet market is further segmented into less than 3000 Nm, 3000 – 5000 Nm and more than 5000 Nm. The system segment is divided into OEM systems and Aftermarket systems. This report segments the business jet market across six key regions: North America, Europe, Asia Pacific, Latin America, Middle East and Africa along with their respective key countries. The report's scope includes in-depth information on significant factors, such as drivers, restraints, challenges, and opportunities, which influence the growth of the business jet market.

A comprehensive analysis of major industry players has been conducted to provide insights into their business profiles, solutions, and services. This analysis also covers key aspects like agreements, collaborations, new product launches, contracts, expansions, acquisitions, and partnerships associated with the business jet market.

Reasons to buy this report:
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall business jet market and its subsegments. This report covers the entire ecosystem of the business jet, and disruptive technologies. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of the key drivers (Increased advancements in hybrid & electric technologies, High demand for digitalization, Need for enhanced productivity and efficiency by business jet users, Increase in number of high-net-worth individuals), restraint (High maintenance cost, complex rules and regulations for business jet certifications), opportunities (Need for charter services and fractional ownership, Increased emphasis on use of SAF for business aviation ), and challenges (Increase shortage for pilots and aircraft maintenance engineers, Rising supply chain disruptions, Increasing delays due to ATC and airport access) these are several factors that could contribute to an increase in the business jet market.

• Market Penetration: Comprehensive information on business jet offered by top players in the market

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the business jet market

• Market Development: Comprehensive information about lucrative markets – the report analyzes the business jet market across varied regions.

• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the business jet market

• Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the business jet market

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Table of Contents

1 INTRODUCTION 26 1.1 STUDY OBJECTIVES 26 1.2 MARKET DEFINITION 26 1.2.1 INCLUSIONS AND EXCLUSIONS 27 1.3 STUDY SCOPE 27 1.3.1 MARKETS COVERED 27 1.3.2 YEARS CONSIDERED 28 1.4 CURRENCY CONSIDERED 28 1.5 STAKEHOLDERS 29 1.6 SUMMARY OF CHANGES 29 2 RESEARCH METHODOLOGY 30 2.1 RESEARCH DATA 30 2.1.1 SECONDARY DATA 31 2.1.1.1 Key data from secondary sources 32 2.1.2 PRIMARY DATA 32 2.1.2.1 Key data from primary sources 33 2.1.2.2 Breakdown of primary interviews 33 2.2 FACTOR ANALYSIS 34 2.2.1 INTRODUCTION 34 2.2.2 DEMAND-SIDE INDICATORS 34 2.2.3 SUPPLY-SIDE INDICATORS 34 2.3 MARKET SIZE ESTIMATION 35 2.3.1 BOTTOM-UP APPROACH 35 2.3.2 TOP-DOWN APPROACH 37 2.4 DATA TRIANGULATION 38 2.5 RESEARCH ASSUMPTIONS 39 2.6 RESEARCH LIMITATIONS 40 2.7 RISK ASSESSMENT 40 3 EXECUTIVE SUMMARY 41 4 PREMIUM INSIGHTS 44 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BUSINESS JET MARKET 44 4.2 BUSINESS JET MARKET, BY RANGE 44 4.3 BUSINESS JET MARKET, BY END USE 45 4.4 BUSINESS JET MARKET, BY COUNTRY 45   5 MARKET OVERVIEW 46 5.1 INTRODUCTION 46 5.2 MARKET DYNAMICS 46 5.2.1 DRIVERS 47 5.2.1.1 Shift toward electric and hybrid-electric technologies 47 5.2.1.2 Advent of digitalization 48 5.2.1.3 Demand for enhanced productivity and efficiency from businesses 49 5.2.1.4 Rise of high-net-worth individuals 49 5.2.2 RESTRAINTS 50 5.2.2.1 High maintenance costs 50 5.2.2.2 Complex regulations for business jet certifications 51 5.2.3 OPPORTUNITIES 52 5.2.3.1 Inclination toward charter services and fractional ownership 52 5.2.3.2 Emergence of sustainable aviation fuel 53 5.2.4 CHALLENGES 54 5.2.4.1 Shortage of pilots and aircraft maintenance engineers 54 5.2.4.2 Supply chain disruptions 54 5.2.4.3 Potential delays due to air traffic control authorities 55 5.3 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 56 5.4 ECOSYSTEM ANALYSIS 56 5.4.1 PROMINENT COMPANIES 56 5.4.2 START-UPS AND SMALL ENTERPRISES 57 5.4.3 END USERS 57 5.4.4 AFTERMARKET 57 5.5 TECHNOLOGY ANALYSIS 59 5.5.1 KEY TECHNOLOGIES 59 5.5.1.1 Safety management systems 59 5.5.2 COMPLEMENTARY TECHNOLOGIES 59 5.5.2.1 Advanced avionics 59 5.5.2.2 Cabin management systems 60 5.5.3 ADJACENT TECHNOLOGIES 60 5.5.3.1 Noise reduction technologies 60 5.6 USE CASE ANALYSIS 60 5.7 VALUE CHAIN ANALYSIS 62 5.8 KEY STAKEHOLDERS AND BUYING CRITERIA 63 5.8.1 KEY STAKEHOLDERS IN BUYING PROCESS 63 5.8.2 BUYING CRITERIA 64 5.9 REGULATORY LANDSCAPE 65 5.10 TRADE ANALYSIS 67 5.11 KEY CONFERENCES AND EVENTS, 2024–2025 68   5.12 TOP BUSINESS JET MODELS 68 5.12.1 TOP BUSINESS JET MODELS DELIVERED 68 5.12.2 TOP BUSINESS JET MODELS PREFERRED FOR TRAVEL 69 5.13 PRICING ANALYSIS 70 5.13.1 INDICATIVE PRICING OF TOP FIVE BUSINESS JET MODELS 70 5.13.2 INDICATIVE PRICING OF PRE-OWNED BUSINESS JETS, BY AIRCRAFT TYPE 70 5.13.3 FACTORS AFFECTING PRICING OF BUSINESS JETS 71 5.14 INVESTMENT AND FUNDING SCENARIO 74 5.15 BILL OF MATERIALS 75 5.16 TECHNOLOGY ROADMAP 78 5.17 TOTAL COST OF OWNERSHIP 79 5.18 BUSINESS MODELS 80 5.18.1 BUSINESS MODELS IN BUSINESS JET SERVICE MARKET 80 5.18.2 BUSINESS MODELS IN BUSINESS JET OEM MARKET 84 5.18.3 BUSINESS MODELS IN PRE-OWNED BUSINESS JET MARKET 85 5.19 IMPACT OF GENERATIVE AI/AI 86 5.19.1 INTRODUCTION 86 5.19.2 ADOPTION OF GENERATIVE AI IN COMMERCIAL AVIATION BY TOP COUNTRIES 87 5.20 MACROECONOMIC OUTLOOK 89 5.20.1 NORTH AMERICA 90 5.20.2 EUROPE 90 5.20.3 ASIA PACIFIC 90 5.20.4 MIDDLE EAST 90 5.20.5 LATIN AMERICA 92 5.20.6 AFRICA 92 6 INDUSTRY TRENDS 93 6.1 INTRODUCTION 93 6.2 TECHNOLOGY TRENDS 93 6.2.1 GLASS COCKPIT DISPLAYS 93 6.2.2 HYBRID-ELECTRIC PROPULSION SYSTEMS 93 6.2.3 FLIGHT MANAGEMENT SYSTEMS 94 6.2.4 COMBINED VISION SYSTEMS 94 6.2.5 FLIGHT DECK CONNECTIVITY SYSTEMS 94 6.2.6 ADVANCED IN-FLIGHT ENTERTAINMENT SYSTEMS 95 6.2.7 HYDROGEN-POWERED PROPULSION SYSTEMS 95 6.3 IMPACT OF MEGA TRENDS 95 6.3.1 SUSTAINABILITY INITIATIVES 95 6.3.2 DIGITALIZATION AND ARTIFICIAL INTELLIGENCE 96 6.3.3 ADVANCED MATERIALS AND MANUFACTURING TECHNIQUES 96 6.4 PATENT ANALYSIS 97 7 BUSINESS JET MARKET, BY AIRCRAFT TYPE 100 7.1 INTRODUCTION 101 7.2 LIGHT 102 7.2.1 CONSUMER DEMAND FOR COST-EFFECTIVE AND FLEXIBLE TRAVEL SOLUTIONS TO DRIVE MARKET 102 7.3 MID-SIZED 102 7.3.1 EXTENSIVE USE IN ROUTE OPTIMIZATION TO DRIVE MARKET 102 7.4 LARGE 102 7.4.1 LOWER FLIGHT TIMES THAN SMALLER JETS TO DRIVE MARKET 102 7.5 AIRLINER 103 7.5.1 NEED FOR LONG-DISTANCE CORPORATE TRAVEL TO DRIVE MARKET 103 8 BUSINESS JET MARKET, BY END USE 104 8.1 INTRODUCTION 105 8.2 PRIVATE USERS 106 8.2.1 PREFERENCE FOR PRIVATE TRAVEL TO DRIVE MARKET 106 8.3 OPERATORS 106 8.3.1 PREVALENCE OF COMMERCIAL AVIATION SERVICES TO DRIVE MARKET 106 9 BUSINESS JET MARKET, BY POINT OF SALE 107 9.1 INTRODUCTION 108 9.2 PRE-OWNED 109 9.2.1 <10 YEARS 110 9.2.1.1 Access to latest avionics technologies at lower costs to drive market 110 9.2.2 11–25 YEARS 110 9.2.2.1 More reliable performance than older pre-owned models to drive market 110 9.2.3 >25 YEARS 110 9.2.3.1 Substantial cost savings to drive market 110 9.3 OEM 110 9.3.1 CONVENTIONAL 111 9.3.1.1 Reduced fuel consumption and low maintenance requirements to drive market 111 9.3.2 HYBRID-ELECTRIC 111 9.3.2.1 Growing emphasis on sustainability to drive market 111 9.4 AFTERMARKET 112 9.4.1 MRO 112 9.4.1.1 Need for maintenance of existing aircraft fleets to drive market 112 9.4.2 PARTS REPLACEMENT 112 9.4.2.1 Focus on upgrading newer technologies to drive market 112   10 BUSINESS JET MARKET, BY RANGE 113 10.1 INTRODUCTION 114 10.2 <3,000 NM 115 10.2.1 WIDESPREAD ADOPTION IN SHORT-HAUL TRAVEL TO DRIVE MARKET 115 10.3 3,000–5,000 NM 115 10.3.1 GROWTH OF INTERCONTINENTAL TRAVEL TO DRIVE MARKET 115 10.4 >5,000 NM 115 10.4.1 NEED FOR LONG-HAUL FLIGHTS WITH NON-STOP OPERATIONS TO DRIVE MARKET 115 11 BUSINESS JET MARKET, BY SYSTEM 116 11.1 INTRODUCTION 117 11.2 OEM SYSTEMS 118 11.2.1 AEROSTRUCTURES 118 11.2.1.1 Fuselages 119 11.2.1.2 Empennages 120 11.2.1.3 Flight control surfaces 120 11.2.1.4 Wings 120 11.2.1.5 Nacelles & pylons 120 11.2.1.6 Noses 121 11.2.2 AVIONICS 121 11.2.2.1 Flight management systems 122 11.2.2.2 Communications systems 122 11.2.2.3 Navigation systems 122 11.2.2.4 Software 122 11.2.3 AIRCRAFT SYSTEMS 122 11.2.3.1 Hydraulic systems 123 11.2.3.2 Pneumatic systems 123 11.2.3.3 Environmental control systems 124 11.2.3.4 Emergency systems 124 11.2.3.5 Electrical systems 124 11.2.3.6 Propulsion systems 124 11.2.3.7 Landing systems 124 11.2.4 CABIN INTERIORS 125 11.2.4.1 Seats 125 11.2.4.2 In-flight entertainment & connectivity systems 126 11.2.4.3 Galleys 126 11.2.4.4 Panels 126 11.2.4.5 Stowage bins 126 11.2.4.6 Lavatories 126 11.2.5 DOORS, WINDOWS, & WINDSHIELDS 126   11.3 AFTERMARKET SYSTEMS 127 11.3.1 AEROSTRUCTURES 127 11.3.2 AVIONICS 128 11.3.2.1 Flight management systems 128 11.3.2.2 Communications systems 128 11.3.2.3 Navigation systems 128 11.3.2.4 Software 128 11.3.3 AIRCRAFT SYSTEMS 129 11.3.3.1 Hydraulic systems 130 11.3.3.2 Pneumatic systems 130 11.3.3.3 Environmental control systems 130 11.3.3.4 Emergency systems 130 11.3.3.5 Electrical systems 130 11.3.3.6 Propulsion systems 130 11.3.3.7 Landing systems 130 11.3.4 CABIN INTERIORS 131 11.3.4.1 Seats 131 11.3.4.2 In-flight entertainment & connectivity systems 132 11.3.4.3 Galleys 132 11.3.4.4 Panels 132 11.3.4.5 Stowage bins 132 11.3.4.6 Lavatories 132 11.3.5 DOORS, WINDOWS, & WINDSHIELDS 132 12 BUSINESS JET MARKET, BY REGION 133 12.1 INTRODUCTION 134 12.2 NORTH AMERICA 135 12.2.1 PESTLE ANALYSIS 135 12.2.2 US 139 12.2.2.1 Significant presence of leading manufacturers and service providers to drive market 139 12.2.3 CANADA 141 12.2.3.1 Modernization programs for enhancing fuel efficiency in business jets to drive market 141 12.3 EUROPE 142 12.3.1 PESTLE ANALYSIS 142 12.3.2 GERMANY 147 12.3.2.1 Anticipated growth in electric air mobility to drive market 147 12.3.3 FRANCE 148 12.3.3.1 Stringent environmental regulations for low-carbon aviation to drive market 148 12.3.4 UK 150 12.3.4.1 Domestic focus on sustainability to drive market 150 12.3.5 SWITZERLAND 151 12.3.5.1 Access to prominent business airports to drive market 151 12.3.6 AUSTRIA 152 12.3.6.1 Economic stability to drive market 152 12.3.7 ITALY 153 12.3.7.1 Advancements in maintenance and overhaul capabilities to drive market 153 12.3.8 SPAIN 155 12.3.8.1 Government initiatives for strengthening aviation industry to drive market 155 12.3.9 REST OF EUROPE 156 12.4 ASIA PACIFIC 157 12.4.1 PESTLE ANALYSIS 157 12.4.2 CHINA 162 12.4.2.1 Surge in domestic use of business jets to drive market 162 12.4.3 AUSTRALIA 163 12.4.3.1 Booming aviation industry to drive market 163 12.4.4 SINGAPORE 164 12.4.4.1 Strategic location connecting major air routes in Asia, Europe, and Americas to drive market 164 12.4.5 JAPAN 165 12.4.5.1 Increasing orders of new aircraft to drive market 165 12.4.6 INDIA 167 12.4.6.1 Rapid technology adoption to drive market 167 12.4.7 REST OF ASIA PACIFIC 168 12.5 MIDDLE EAST 169 12.5.1 PESTLE ANALYSIS 169 12.5.2 GCC 174 12.5.2.1 UAE 174 12.5.2.1.1 Consumer inclination toward private executive travel to drive market 174 12.5.2.2 Saudi Arabia 175 12.5.2.2.1 Airport expansion projects to drive market 175 12.5.2.3 Qatar 176 12.5.2.3.1 Need for proper in-flight setup for business meetings to drive market 176 12.5.3 TURKEY 178 12.5.3.1 Expanding tourism industry to drive market 178 12.5.4 ISRAEL 179 12.5.4.1 Presence of multinational corporations to drive market 179 12.5.5 REST OF MIDDLE EAST 180 12.6 AFRICA 182 12.6.1 PESTLE ANALYSIS 182   12.6.2 SOUTH AFRICA 186 12.6.2.1 Robust aviation infrastructure to drive market 186 12.6.3 KENYA 187 12.6.3.1 Growing interest in larger jets to drive market 187 12.6.4 REST OF AFRICA 188 12.7 LATIN AMERICA 189 12.7.1 PESTLE ANALYSIS 189 12.7.2 BRAZIL 193 12.7.2.1 Emphasis on technological innovation to drive market 193 12.7.3 MEXICO 195 12.7.3.1 Presence of globally recognized charter operators to drive market 195 12.7.4 REST OF LATIN AMERICA 196 13 COMPETITIVE LANDSCAPE 198 13.1 INTRODUCTION 198 13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024 198 13.3 REVENUE ANALYSIS, 2020–2023 200 13.4 MARKET SHARE ANALYSIS, 2023 201 13.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 203 13.5.1 STARS 203 13.5.2 EMERGING LEADERS 203 13.5.3 PERVASIVE PLAYERS 203 13.5.4 PARTICIPANTS 203 13.5.5 COMPANY FOOTPRINT 205 13.5.5.1 Company footprint 205 13.5.5.2 Aircraft type footprint 206 13.5.5.3 Range footprint 207 13.5.5.4 Point of sale footprint 208 13.5.5.5 Region footprint 209 13.6 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023 210 13.6.1 PROGRESSIVE COMPANIES 210 13.6.2 RESPONSIVE COMPANIES 210 13.6.3 DYNAMIC COMPANIES 210 13.6.4 STARTING BLOCKS 210 13.6.5 COMPETITIVE BENCHMARKING 212 13.6.5.1 List of start-ups/SMEs 212 13.6.5.2 Competitive benchmarking of start-ups/SMEs 213 13.7 COMPANY VALUATION AND FINANCIAL METRICS 214 13.8 BRAND/PRODUCT COMPARISON 215 13.9 COMPETITIVE SCENARIO 216 13.9.1 PRODUCT LAUNCHES/DEVELOPMENTS 216 13.9.2 DEALS 218 14 COMPANY PROFILES 221 14.1 KEY PLAYERS 221 14.1.1 BOMBARDIER 221 14.1.1.1 Business overview 221 14.1.1.2 Products offered 222 14.1.1.3 Recent developments 223 14.1.1.3.1 Product launches/developments 223 14.1.1.3.2 Deals 224 14.1.1.4 MnM view 224 14.1.1.4.1 Key strengths 224 14.1.1.4.2 Strategic choices 224 14.1.1.4.3 Weaknesses and competitive threats 224 14.1.2 GENERAL DYNAMICS CORPORATION 225 14.1.2.1 Business overview 225 14.1.2.2 Products offered 226 14.1.2.3 Recent developments 227 14.1.2.3.1 Product launches/developments 227 14.1.2.4 MnM view 227 14.1.2.4.1 Key strengths 227 14.1.2.4.2 Strategic choices 227 14.1.2.4.3 Weaknesses and competitive threats 227 14.1.3 TEXTRON INC. 228 14.1.3.1 Business overview 228 14.1.3.2 Products offered 230 14.1.3.3 Recent developments 231 14.1.3.3.1 Product launches/developments 231 14.1.3.3.2 Deals 231 14.1.3.4 MnM view 232 14.1.3.4.1 Key strengths 232 14.1.3.4.2 Strategic choices 232 14.1.3.4.3 Weaknesses and competitive threats 232 14.1.4 DASSAULT AVIATION 233 14.1.4.1 Business overview 233 14.1.4.2 Products offered 234 14.1.4.3 Recent developments 235 14.1.4.3.1 Product launches/developments 235 14.1.4.3.2 Deals 235 14.1.4.4 MnM view 235 14.1.4.4.1 Key strengths 235 14.1.4.4.2 Strategic choices 235 14.1.4.4.3 Weaknesses and competitive threats 235   14.1.5 EMBRAER 236 14.1.5.1 Business overview 236 14.1.5.2 Products offered 238 14.1.5.3 Recent developments 239 14.1.5.3.1 Deals 239 14.1.5.4 MnM view 239 14.1.5.4.1 Key strengths 239 14.1.5.4.2 Strategic choices 239 14.1.5.4.3 Weaknesses and competitive threats 239 14.1.6 PILATUS AIRCRAFT LTD 240 14.1.6.1 Business overview 240 14.1.6.2 Products offered 241 14.1.6.3 Recent developments 241 14.1.6.3.1 Deals 241 14.1.7 AIRBUS 242 14.1.7.1 Business overview 242 14.1.7.2 Products offered 243 14.1.7.3 Recent developments 244 14.1.7.3.1 Product launches/developments 244 14.1.7.3.2 Deals 244 14.1.8 BOEING 245 14.1.8.1 Business overview 245 14.1.8.2 Products offered 246 14.1.8.3 Recent developments 247 14.1.8.3.1 Product launches/developments 247 14.1.8.3.2 Deals 247 14.1.9 CIRRUS AIRCRAFT 248 14.1.9.1 Business overview 248 14.1.9.2 Products offered 248 14.1.10 PIAGGIO AERO INDUSTRIES 249 14.1.10.1 Business overview 249 14.1.10.2 Products offered 249 14.1.10.3 Recent developments 250 14.1.10.3.1 Deals 250 14.1.11 PIPER AIRCRAFT, INC. 251 14.1.11.1 Business overview 251 14.1.11.2 Products offered 251 14.1.11.3 Recent developments 252 14.1.11.3.1 Product launches/developments 252   14.1.12 DEUTSCHE AIRCRAFT GMBH 253 14.1.12.1 Business overview 253 14.1.12.2 Products offered 253 14.1.12.3 Recent developments 254 14.1.12.3.1 Deals 254 14.1.13 ECLIPSE AEROSPACE, INC. 255 14.1.13.1 Business overview 255 14.1.13.2 Products offered 255 14.1.14 HONDA AIRCRAFT COMPANY, LLC 256 14.1.14.1 Business overview 256 14.1.14.2 Products offered 256 14.1.14.3 Recent developments 257 14.1.14.3.1 Product launches/developments 257 14.1.15 LILIUM N.V. 258 14.1.15.1 Business overview 258 14.1.15.2 Products offered 259 14.1.15.3 Recent developments 259 14.1.15.3.1 Deals 259 14.2 OTHER PLAYERS 260 14.2.1 SIRIUS AVIATION AG 260 14.2.2 ELECTRA AERO 260 14.2.3 EVIATION 261 14.2.4 VAERIDION GMBH 261 14.2.5 AURA AERO 262 14.2.6 HEART AEROSPACE 262 14.2.7 LYTE AVIATION 263 14.2.8 NEW HORIZON AIRCRAFT LTD 263 14.2.9 AEROFUGIA TECHNOLOGY CO. LTD 264 14.2.10 OVERAIR, INC 264 15 APPENDIX 265 15.1 DISCUSSION GUIDE 265 15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 268 15.3 CUSTOMIZATION OPTIONS 270 15.4 RELATED REPORTS 270 15.5 AUTHOR DETAILS 271