AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Jet Aircraft market - Global outlook to 2024". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Jet Aircraft market.
The Jet Engine, such as Turbojets, is boosting the Jet Aircraft market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to AMA research team, the Global Jet Aircraft market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing Air traffic & Concerns to Enhance Operational Efficiency, Rising Incidence of Terrorist Attacks and Demand for aircraft for Different End-Use Verticals. †
A jet aircraft is an aircraft which is propelled by jet engines. These aircraft achieve its maximum efficiency at lower speed and altitude. Jet aircraft cruise faster than about mach 0.8 (609mph, 981km/h or 273 m/s) at an altitude of 10000-15000 meters or more. Further, a large number of population with high disposable income with the government supporting tourism activities, which is pushing airline carriers to increase their fleet size to cater to this demand, thereby driving the jet aircraft market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Jet Aircraft market by Type (Heavy Aircraft, Medium-sized Aircraft, Light Aircraft and Vary Light Aircraft), by Application (Commercial, Private, Military and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market