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 27 1.1 STUDY OBJECTIVES 27 1.2 MARKET DEFINITION 27 1.2.1 INCLUSIONS AND EXCLUSIONS 28 1.3 STUDY SCOPE 28 1.3.1 MARKETS COVERED 28 1.3.2 YEARS CONSIDERED 29 1.4 CURRENCY CONSIDERED 29 1.5 STAKEHOLDERS 30 1.6 SUMMARY OF CHANGES 30 2 RESEARCH METHODOLOGY 31 2.1 RESEARCH DATA 31 2.1.1 SECONDARY DATA 32 2.1.1.1 Key data from secondary sources 33 2.1.2 PRIMARY DATA 33 2.1.2.1 Key data from primary sources 34 2.1.2.2 Breakdown of primary interviews 34 2.2 FACTOR ANALYSIS 35 2.2.1 INTRODUCTION 35 2.2.2 DEMAND-SIDE INDICATORS 35 2.2.3 SUPPLY-SIDE INDICATORS 35 2.3 MARKET SIZE ESTIMATION 35 2.3.1 BOTTOM-UP APPROACH 36 2.3.2 TOP-DOWN APPROACH 38 2.4 DATA TRIANGULATION 39 2.5 RESEARCH ASSUMPTIONS 40 2.6 RESEARCH LIMITATIONS 41 2.7 RISK ASSESSMENT 41 3 EXECUTIVE SUMMARY 42 4 PREMIUM INSIGHTS 45 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BUSINESS JET MARKET 45 4.2 BUSINESS JET MARKET, BY RANGE 45 4.3 BUSINESS JET MARKET, BY END USE 46 4.4 BUSINESS JET MARKET, BY COUNTRY 46   5 MARKET OVERVIEW 47 5.1 INTRODUCTION 47 5.2 MARKET DYNAMICS 47 5.2.1 DRIVERS 48 5.2.1.1 Shift toward electric and hybrid-electric technologies 48 5.2.1.2 Advent of digitalization 49 5.2.1.3 Demand for enhanced productivity and efficiency from businesses 50 5.2.1.4 Rise of high-net-worth individuals 50 5.2.2 RESTRAINTS 51 5.2.2.1 High maintenance costs 51 5.2.2.2 Complex regulations for business jet certifications 52 5.2.3 OPPORTUNITIES 53 5.2.3.1 Inclination toward charter services and fractional ownership 53 5.2.3.2 Emergence of sustainable aviation fuel 54 5.2.4 CHALLENGES 55 5.2.4.1 Shortage of pilots and aircraft maintenance engineers 55 5.2.4.2 Supply chain disruptions 55 5.2.4.3 Potential delays due to air traffic control authorities 56 5.3 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 57 5.4 ECOSYSTEM ANALYSIS 57 5.4.1 PROMINENT COMPANIES 57 5.4.2 START-UPS AND SMALL ENTERPRISES 58 5.4.3 END USERS 58 5.4.4 AFTERMARKET 58 5.5 TECHNOLOGY ANALYSIS 60 5.5.1 KEY TECHNOLOGIES 60 5.5.1.1 Safety management systems 60 5.5.2 COMPLEMENTARY TECHNOLOGIES 60 5.5.2.1 Advanced avionics 60 5.5.2.2 Cabin management systems 60 5.5.3 ADJACENT TECHNOLOGIES 61 5.5.3.1 Noise reduction technologies 61 5.6 USE CASE ANALYSIS 61 5.7 VALUE CHAIN ANALYSIS 63 5.8 KEY STAKEHOLDERS AND BUYING CRITERIA 64 5.8.1 KEY STAKEHOLDERS IN BUYING PROCESS 64 5.8.2 BUYING CRITERIA 65 5.9 REGULATORY LANDSCAPE 66 5.10 TRADE ANALYSIS 68 5.11 KEY CONFERENCES AND EVENTS, 2025–2026 69   5.12 TOP BUSINESS JET MODELS 70 5.12.1 TOP BUSINESS JET MODELS DELIVERED 70 5.12.2 TOP BUSINESS JET MODELS PREFERRED FOR TRAVEL 71 5.13 PRICING ANALYSIS 72 5.13.1 INDICATIVE PRICING OF TOP FIVE BUSINESS JET MODELS 72 5.13.2 INDICATIVE PRICING OF PRE-OWNED BUSINESS JETS, BY AIRCRAFT TYPE 72 5.13.3 FACTORS AFFECTING PRICING OF BUSINESS JETS 73 5.14 INVESTMENT AND FUNDING SCENARIO 76 5.15 BILL OF MATERIALS 77 5.16 TECHNOLOGY ROADMAP 80 5.17 TOTAL COST OF OWNERSHIP 81 5.18 BUSINESS MODELS 82 5.18.1 BUSINESS MODELS IN BUSINESS JET SERVICE MARKET 82 5.18.2 BUSINESS MODELS IN BUSINESS JET OEM MARKET 86 5.18.3 BUSINESS MODELS IN PRE-OWNED BUSINESS JET MARKET 87 5.19 IMPACT OF GENERATIVE AI/AI 88 5.19.1 INTRODUCTION 88 5.19.2 ADOPTION OF GENERATIVE AI IN COMMERCIAL AVIATION BY TOP COUNTRIES 89 5.20 MACROECONOMIC OUTLOOK 91 5.20.1 NORTH AMERICA 92 5.20.2 EUROPE 92 5.20.3 ASIA PACIFIC 92 5.20.4 MIDDLE EAST 92 5.20.5 LATIN AMERICA 94 5.20.6 AFRICA 94 6 INDUSTRY TRENDS 95 6.1 INTRODUCTION 95 6.2 TECHNOLOGY TRENDS 95 6.2.1 GLASS COCKPIT DISPLAYS 95 6.2.2 HYBRID-ELECTRIC PROPULSION SYSTEMS 95 6.2.3 FLIGHT MANAGEMENT SYSTEMS 96 6.2.4 COMBINED VISION SYSTEMS 96 6.2.5 FLIGHT DECK CONNECTIVITY SYSTEMS 96 6.2.6 ADVANCED IN-FLIGHT ENTERTAINMENT SYSTEMS 97 6.2.7 HYDROGEN-POWERED PROPULSION SYSTEMS 97 6.3 IMPACT OF MEGA TRENDS 97 6.3.1 SUSTAINABILITY INITIATIVES 97 6.3.2 DIGITALIZATION AND ARTIFICIAL INTELLIGENCE 98 6.3.3 ADVANCED MATERIALS AND MANUFACTURING TECHNIQUES 98 6.4 PATENT ANALYSIS 99 7 BUSINESS JET MARKET, BY AIRCRAFT TYPE 102 7.1 INTRODUCTION 103 7.2 LIGHT 104 7.2.1 CONSUMER DEMAND FOR COST-EFFECTIVE AND FLEXIBLE TRAVEL SOLUTIONS TO DRIVE MARKET 104 7.3 MID-SIZED 104 7.3.1 EXTENSIVE USE IN ROUTE OPTIMIZATION TO DRIVE MARKET 104 7.4 LARGE 104 7.4.1 LOWER FLIGHT TIMES THAN SMALLER JETS TO DRIVE MARKET 104 7.5 AIRLINER 105 7.5.1 NEED FOR LONG-DISTANCE CORPORATE TRAVEL TO DRIVE MARKET 105 8 BUSINESS JET MARKET, BY END USE 106 8.1 INTRODUCTION 107 8.2 PRIVATE USERS 108 8.2.1 PREFERENCE FOR PRIVATE TRAVEL TO DRIVE MARKET 108 8.3 OPERATORS 108 8.3.1 PREVALENCE OF COMMERCIAL AVIATION SERVICES TO DRIVE MARKET 108 9 BUSINESS JET MARKET, BY POINT OF SALE 109 9.1 INTRODUCTION 110 9.2 PRE-OWNED 111 9.2.1 <10 YEARS 112 9.2.1.1 Access to latest avionics technologies at lower costs to drive market 112 9.2.2 11–25 YEARS 112 9.2.2.1 More reliable performance than older pre-owned models to drive market 112 9.2.3 >25 YEARS 112 9.2.3.1 Substantial cost savings to drive market 112 9.3 OEM 112 9.3.1 CONVENTIONAL 113 9.3.1.1 Reduced fuel consumption and low maintenance requirements to drive market 113 9.3.2 HYBRID-ELECTRIC 113 9.3.2.1 Growing emphasis on sustainability to drive market 113 9.4 AFTERMARKET 114 9.4.1 MRO 114 9.4.1.1 Need for maintenance of existing aircraft fleets to drive market 114 9.4.2 PARTS REPLACEMENT 114 9.4.2.1 Focus on upgrading newer technologies to drive market 114   10 BUSINESS JET MARKET, BY RANGE 115 10.1 INTRODUCTION 116 10.2 <3,000 NM 117 10.2.1 WIDESPREAD ADOPTION IN SHORT-HAUL TRAVEL TO DRIVE MARKET 117 10.3 3,000–5,000 NM 117 10.3.1 GROWTH OF INTERCONTINENTAL TRAVEL TO DRIVE MARKET 117 10.4 >5,000 NM 117 10.4.1 NEED FOR LONG-HAUL FLIGHTS WITH NON-STOP OPERATIONS TO DRIVE MARKET 117 11 BUSINESS JET MARKET, BY SYSTEM 118 11.1 INTRODUCTION 119 11.2 OEM SYSTEMS 120 11.2.1 AEROSTRUCTURES 120 11.2.1.1 Fuselages 121 11.2.1.2 Empennages 122 11.2.1.3 Flight control surfaces 122 11.2.1.4 Wings 122 11.2.1.5 Nacelles & pylons 122 11.2.1.6 Noses 123 11.2.2 AVIONICS 123 11.2.2.1 Flight management systems 124 11.2.2.2 Communications systems 124 11.2.2.3 Navigation systems 124 11.2.2.4 Software 124 11.2.3 AIRCRAFT SYSTEMS 124 11.2.3.1 Hydraulic systems 125 11.2.3.2 Pneumatic systems 125 11.2.3.3 Environmental control systems 126 11.2.3.4 Emergency systems 126 11.2.3.5 Electrical systems 126 11.2.3.6 Propulsion systems 126 11.2.3.7 Landing systems 126 11.2.4 CABIN INTERIORS 127 11.2.4.1 Seats 127 11.2.4.2 In-flight entertainment & connectivity systems 128 11.2.4.3 Galleys 128 11.2.4.4 Panels 128 11.2.4.5 Stowage bins 128 11.2.4.6 Lavatories 128 11.2.5 DOORS, WINDOWS, & WINDSHIELDS 128   11.3 AFTERMARKET SYSTEMS 129 11.3.1 AEROSTRUCTURES 129 11.3.2 AVIONICS 130 11.3.2.1 Flight management systems 130 11.3.2.2 Communications systems 130 11.3.2.3 Navigation systems 130 11.3.2.4 Software 130 11.3.3 AIRCRAFT SYSTEMS 131 11.3.3.1 Hydraulic systems 132 11.3.3.2 Pneumatic systems 132 11.3.3.3 Environmental control systems 132 11.3.3.4 Emergency systems 132 11.3.3.5 Electrical systems 132 11.3.3.6 Propulsion systems 132 11.3.3.7 Landing systems 132 11.3.4 CABIN INTERIORS 133 11.3.4.1 Seats 133 11.3.4.2 In-flight entertainment & connectivity systems 134 11.3.4.3 Galleys 134 11.3.4.4 Panels 134 11.3.4.5 Stowage bins 134 11.3.4.6 Lavatories 134 11.3.5 DOORS, WINDOWS, & WINDSHIELDS 134 12 BUSINESS JET MARKET, BY REGION 135 12.1 INTRODUCTION 136 12.2 NORTH AMERICA 137 12.2.1 PESTLE ANALYSIS 137 12.2.2 US 141 12.2.2.1 Significant presence of leading manufacturers and service providers to drive market 141 12.2.3 CANADA 143 12.2.3.1 Modernization programs for enhancing fuel efficiency in business jets to drive market 143 12.3 EUROPE 144 12.3.1 PESTLE ANALYSIS 144 12.3.2 GERMANY 149 12.3.2.1 Anticipated growth in electric air mobility to drive market 149 12.3.3 FRANCE 150 12.3.3.1 Stringent environmental regulations for low-carbon aviation to drive market 150 12.3.4 UK 152 12.3.4.1 Domestic focus on sustainability to drive market 152 12.3.5 SWITZERLAND 153 12.3.5.1 Access to prominent business airports to drive market 153 12.3.6 AUSTRIA 154 12.3.6.1 Economic stability to drive market 154 12.3.7 ITALY 155 12.3.7.1 Advancements in maintenance and overhaul capabilities to drive market 155 12.3.8 SPAIN 157 12.3.8.1 Government initiatives for strengthening aviation industry to drive market 157 12.3.9 REST OF EUROPE 158 12.4 ASIA PACIFIC 159 12.4.1 PESTLE ANALYSIS 159 12.4.2 CHINA 164 12.4.2.1 Surge in domestic use of business jets to drive market 164 12.4.3 AUSTRALIA 165 12.4.3.1 Booming aviation industry to drive market 165 12.4.4 SINGAPORE 166 12.4.4.1 Strategic location connecting major air routes in Asia, Europe, and Americas to drive market 166 12.4.5 JAPAN 167 12.4.5.1 Increasing orders of new aircraft to drive market 167 12.4.6 INDIA 169 12.4.6.1 Rapid technology adoption to drive market 169 12.4.7 REST OF ASIA PACIFIC 170 12.5 MIDDLE EAST 171 12.5.1 PESTLE ANALYSIS 171 12.5.2 GCC 176 12.5.2.1 UAE 176 12.5.2.1.1 Consumer inclination toward private executive travel to drive market 176 12.5.2.2 Saudi Arabia 177 12.5.2.2.1 Airport expansion projects to drive market 177 12.5.2.3 Qatar 178 12.5.2.3.1 Need for proper in-flight setup for business meetings to drive market 178 12.5.3 TURKEY 180 12.5.3.1 Expanding tourism industry to drive market 180 12.5.4 ISRAEL 181 12.5.4.1 Presence of multinational corporations to drive market 181 12.5.5 REST OF MIDDLE EAST 182 12.6 AFRICA 184 12.6.1 PESTLE ANALYSIS 184 12.6.2 SOUTH AFRICA 188 12.6.2.1 Robust aviation infrastructure to drive market 188 12.6.3 KENYA 189 12.6.3.1 Growing interest in larger jets to drive market 189 12.6.4 REST OF AFRICA 190 12.7 LATIN AMERICA 191 12.7.1 PESTLE ANALYSIS 191 12.7.2 BRAZIL 195 12.7.2.1 Emphasis on technological innovation to drive market 195 12.7.3 MEXICO 197 12.7.3.1 Presence of globally recognized charter operators to drive market 197 12.7.4 REST OF LATIN AMERICA 198 13 COMPETITIVE LANDSCAPE 200 13.1 INTRODUCTION 200 13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024 200 13.3 REVENUE ANALYSIS, 2020–2023 202 13.4 MARKET SHARE ANALYSIS, 2023 203 13.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 205 13.5.1 STARS 205 13.5.2 EMERGING LEADERS 205 13.5.3 PERVASIVE PLAYERS 205 13.5.4 PARTICIPANTS 205 13.5.5 COMPANY FOOTPRINT 207 13.5.5.1 Company footprint 207 13.5.5.2 Aircraft type footprint 208 13.5.5.3 Range footprint 209 13.5.5.4 Point of sale footprint 210 13.5.5.5 Region footprint 211 13.6 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023 212 13.6.1 PROGRESSIVE COMPANIES 212 13.6.2 RESPONSIVE COMPANIES 212 13.6.3 DYNAMIC COMPANIES 212 13.6.4 STARTING BLOCKS 212 13.6.5 COMPETITIVE BENCHMARKING 214 13.6.5.1 List of start-ups/SMEs 214 13.6.5.2 Competitive benchmarking of start-ups/SMEs 215 13.7 COMPANY VALUATION AND FINANCIAL METRICS 216 13.8 BRAND/PRODUCT COMPARISON 217 13.9 COMPETITIVE SCENARIO 218 13.9.1 PRODUCT LAUNCHES/DEVELOPMENTS 218 13.9.2 DEALS 220 13.9.3 OTHER DEVELOPMENTS 224 14 COMPANY PROFILES 225 14.1 KEY PLAYERS 225 14.1.1 BOMBARDIER 225 14.1.1.1 Business overview 225 14.1.1.2 Products offered 226 14.1.1.3 Recent developments 227 14.1.1.3.1 Product launches/developments 227 14.1.1.3.2 Deals 228 14.1.1.4 MnM view 228 14.1.1.4.1 Key strengths 228 14.1.1.4.2 Strategic choices 228 14.1.1.4.3 Weaknesses and competitive threats 229 14.1.2 GENERAL DYNAMICS CORPORATION 230 14.1.2.1 Business overview 230 14.1.2.2 Products offered 231 14.1.2.3 Recent developments 232 14.1.2.3.1 Product launches/developments 232 14.1.2.3.2 Other developments 232 14.1.2.4 MnM view 233 14.1.2.4.1 Key strengths 233 14.1.2.4.2 Strategic choices 233 14.1.2.4.3 Weaknesses and competitive threats 233 14.1.3 TEXTRON INC. 234 14.1.3.1 Business overview 234 14.1.3.2 Products offered 236 14.1.3.3 Recent developments 237 14.1.3.3.1 Product launches/developments 237 14.1.3.3.2 Deals 237 14.1.3.4 MnM view 238 14.1.3.4.1 Key strengths 238 14.1.3.4.2 Strategic choices 239 14.1.3.4.3 Weaknesses and competitive threats 239 14.1.4 DASSAULT AVIATION 240 14.1.4.1 Business overview 240 14.1.4.2 Products offered 241 14.1.4.3 Recent developments 242 14.1.4.3.1 Product launches/developments 242 14.1.4.3.2 Deals 242 14.1.4.4 MnM view 242 14.1.4.4.1 Key strengths 242 14.1.4.4.2 Strategic choices 242 14.1.4.4.3 Weaknesses and competitive threats 242 14.1.5 EMBRAER 243 14.1.5.1 Business overview 243 14.1.5.2 Products offered 245 14.1.5.3 Recent developments 246 14.1.5.3.1 Deals 246 14.1.5.4 MnM view 246 14.1.5.4.1 Key strengths 246 14.1.5.4.2 Strategic choices 246 14.1.5.4.3 Weaknesses and competitive threats 246 14.1.6 PILATUS AIRCRAFT LTD 247 14.1.6.1 Business overview 247 14.1.6.2 Products offered 248 14.1.6.3 Recent developments 248 14.1.6.3.1 Deals 248 14.1.7 AIRBUS 249 14.1.7.1 Business overview 249 14.1.7.2 Products offered 250 14.1.7.3 Recent developments 251 14.1.7.3.1 Product launches/developments 251 14.1.7.3.2 Deals 251 14.1.8 BOEING 252 14.1.8.1 Business overview 252 14.1.8.2 Products offered 253 14.1.8.3 Recent developments 254 14.1.8.3.1 Product launches/developments 254 14.1.8.3.2 Deals 254 14.1.9 CIRRUS AIRCRAFT 255 14.1.9.1 Business overview 255 14.1.9.2 Products offered 255 14.1.10 PIAGGIO AERO INDUSTRIES 256 14.1.10.1 Business overview 256 14.1.10.2 Products offered 256 14.1.10.3 Recent developments 257 14.1.10.3.1 Deals 257 14.1.10.3.2 Other developments 257 14.1.11 PIPER AIRCRAFT, INC. 258 14.1.11.1 Business overview 258 14.1.11.2 Products offered 258 14.1.11.3 Recent developments 259 14.1.11.3.1 Product launches/developments 259   14.1.12 DEUTSCHE AIRCRAFT GMBH 260 14.1.12.1 Business overview 260 14.1.12.2 Products offered 260 14.1.12.3 Recent developments 261 14.1.12.3.1 Deals 261 14.1.13 ECLIPSE AEROSPACE, INC. 262 14.1.13.1 Business overview 262 14.1.13.2 Products offered 262 14.1.14 HONDA AIRCRAFT COMPANY, LLC 263 14.1.14.1 Business overview 263 14.1.14.2 Products offered 263 14.1.14.3 Recent developments 264 14.1.14.3.1 Product launches/developments 264 14.1.15 VERTICAL AEROSPACE GROUP LTD. 265 14.1.15.1 Business overview 265 14.1.15.2 Products offered 265 14.1.15.3 Recent developments 266 14.1.15.3.1 Deals 266 14.1.15.3.2 Other developments 266 14.2 OTHER PLAYERS 267 14.2.1 STELLAR AVIATION AG 267 14.2.2 ELECTRA AERO 267 14.2.3 EVIATION 268 14.2.4 VAERIDION GMBH 268 14.2.5 AURA AERO 269 14.2.6 HEART AEROSPACE 269 14.2.7 LYTE AVIATION 270 14.2.8 NEW HORIZON AIRCRAFT LTD 270 14.2.9 BEYOND AERO 271 14.2.10 OVERAIR, INC 271 14.2.11 ODYS AVIATION 272 14.2.12 NIMBUS AEROSPACE 272 15 APPENDIX 273 15.1 DISCUSSION GUIDE 273 15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 276 15.3 CUSTOMIZATION OPTIONS 278 15.4 RELATED REPORTS 278 15.5 AUTHOR DETAILS 279