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Business Jet Fleet Size in East Asia Expected to Reach Close to 750 Aircraft by 2023
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This study conducts an assessment of business aviation landscape in East Asia with a fleet forecast to 2023, unlocking the key trends, analyzing the business aviation industry of the top 5 country markets, understanding the roadblocks affecting the industry's development and discussing high-level solutions. The business aviation ecosystem is not well developed in all countries in East Asia with the exception of China and Hong Kong. Business jets fleet in East Asia is expected to exhibit significant growth by 2023. The cumulative annual growth rate of 4.0% per annum will be led by Taiwan, Japan, and China. This research service includes research scope, objectives, and methodology, market definition and segmentation, analysis of trends in the business aviation industry, including market drivers and restraints, the impact of megatrends, technology trends. The study offers a detailed analysis of the business jets fleet by historical trends, country, OEM, and size category and also presents a country profile, industry challenges and outlook for the five key markets in the region, namely China, Hong Kong & Macau, Japan, South Korea, and Taiwan. For each of the country markets, this research provides a business jets fleet analysis, business aviation ecosystem, key industry players and industry challenges and outlook. Finally, it offers a consolidation of findings, listing the top three predictions for the future.
Key Issues Addressed
Author: Amartya De
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