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The Global Supersonic Business Jet market is growing at a CAGR of 5.8% during 2019 to 2026. A supersonic business jet (SBJ) is a small business private carrier, which can accommodate 10 to 12 passengers and can fly at a speed of more than Mach 1. It efficiently reduces the travel time to half, as compared to other conventional business aircraft. The evolution of lightweight composites and aerodynamics is driving the market growth. Though, the cost-efficiency is restraining the market. Rising demand for supersonic business jets from emerging markets is the opportunities for the Supersonic Business Jet market. Based on type, large jet segment is anticipated to grow at the significant rate during the forecast period. The latest subsonic aircraft use very large jet engines that deliver high fuel efficiency. These engines also greatly reduce airport noise by accelerating a larger volume of air to a lower velocity than smaller engines. The key vendors mentioned are Aerion, HyperMach Europe Aeronautics (HyperMach), Lockheed Martin, Spike Aerospace, and TsAGI. Types Covered: • Large Jet • Light Jet • Mid-Size Jet Applications Covered: • Commercial Use • Household Use Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2018 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Supersonic Business Jet Market, By Type
5.1 Introduction
5.2 Large Jet
5.3 Light Jet
5.4 Mid-Size Jet
6 Global Supersonic Business Jet Market, By Application
6.1 Introduction
6.2 Commercial Use
6.3 Household Use
7 Global Supersonic Business Jet Market, By Geography
7.1 Introduction
7.2 North America
7.3 Europe
7.4 Asia Pacific
7.5 South America
7.6 Middle East & Africa
8 Strategic Benchmarking
9 Vendors Landscape
9.1 Aerion
9.2 HyperMach Europe Aeronautics (HyperMach)
9.3 Lockheed Martin
9.4 Spike Aerospace
9.5 TsAGI
List of Data Tables
1 Global Supersonic Business Jet Market Outlook, By Region (2018-2026) ($MN)
2 Global Supersonic Business Jet Market Outlook, By Type (2018-2026) ($MN)
3 Global Supersonic Business Jet Market Outlook, By Large Jet (2018-2026) ($MN)
4 Global Supersonic Business Jet Market Outlook, By Light Jet (2018-2026) ($MN)
5 Global Supersonic Business Jet Market Outlook, By Mid-Size Jet (2018-2026) ($MN)
6 Global Supersonic Business Jet Market Outlook, By Application (2018-2026) ($MN)
7 Global Supersonic Business Jet Market Outlook, By Commercial Use (2018-2026) ($MN)
8 Global Supersonic Business Jet Market Outlook, By Household Use (2018-2026) ($MN)
9 North America Supersonic Business Jet Market Outlook, By Type (2018-2026) ($MN)
10 North America Supersonic Business Jet Market Outlook, By Application (2018-2026) ($MN)
11 Europe Supersonic Business Jet Market Outlook, By Type (2018-2026) ($MN)
12 Europe Supersonic Business Jet Market Outlook, By Application (2018-2026) ($MN)
13 Asia Pacific Supersonic Business Jet Market Outlook, By Type (2018-2026) ($MN)
14 Asia Pacific Supersonic Business Jet Market Outlook, By Application (2018-2026) ($MN)
15 South America Supersonic Business Jet Market Outlook, By Type (2018-2026) ($MN)
16 South America Supersonic Business Jet Market Outlook, By Application (2018-2026) ($MN)
17 Middle East & Africa Supersonic Business Jet Market Outlook, By Type (2018-2026) ($MN)
18 Middle East & Africa Supersonic Business Jet Market Outlook, By Application (2018-2026) ($MN)