The global business jet rental market is affected by a number of factors including increasing wealth worldwide, growing number of millionaires, economic development, and growing corporate profits among others. According to the Forbes Media LLC, the total number of billionaires in the world grew from 1,826 in 2014 to reach a record number of 2,208 in 2018. There are a number of charter jet companies based out of United States owing to the presence of high-fortune individuals and corporations. The Asia Pacific region posses a huge market potential owing to economic growth and rising number of millionaires.
Source: Forbes Media LLC
Global Business Jet Rental Market Outlook and Investment Opportunities report provides an in-depth analysis of the business opportunity available in the domestic and international market. The research study examines the global charter jet market through various segments. The first segment is the regional outlook which covers the economic scenario, political scenario and demographic trend. This segment also entails the business cycle based on past trends and the stock market movement of several indices over the past five years.
The second segment provides a comprehensive picture of the global aviation industry by detailing the demand for air travel by region. This segment also presents an in-depth analysis of various factors which affect the market including input prices, technological changes, ownership trend in the industry and list of major companies and their fleet size. Furthermore, the regulatory market concerning the industry has been exhaustively covered, to give the companies and stakeholders a better understanding of the business environment affecting the overall market environment.
The third segment analyses the global business jet rental market by providing an optimistic, neutral and pessimistic scenario by considering various factors which could impact the market during the forecast period. In addition, Porter's five forces analysis is conducted to determine the overall profitability of the market and calculate the demand for charter jet businesses in the coming years. Furthermore, an exhaustive analysis is provided detailing the demand for charter jets by different types and across different regions. The segment is concluded by providing necessary information regarding trends in the charter jet industry and its major suppliers.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Moreover, a detailed investment analysis is conducted which includes the total cost of ownership, ROI analysis, SWOT analysis and PESTEL analysis. This analysis takes various factors into consideration such as overhead cost, electricity costs, labour cost, and interest rate risk among various others. The analysis is complemented with presentations, charts, graphics and other different formats helping the clients in efficient and faster understanding of the market. This report is concluded by providing major equipment suppliers and key service providers dealing in the global business jet rental market.