Business Jet Market Value to More Than Double in the Next Decade – Global Market Insights via AIN
Researcher Global Market Insights believes the biz jet market will increase from $27 billion in 2025 to more than $60.5 billion in 2035, with a CAGR of 8.3%.
(Planet Earth) Research firm Global Market Insights’ September 2026 Business Jets Market Size & Share report estimates that the global business jet market will expand from $27 billion in 2025 to more than $60.5 billion annually within a decade, as first reported by Aviation International News (AIN) yesterday (Sept. 16).
Excerpts from Global Market Insights’ September 2026 Business Jets Market Size & Share report courtesy of Global Market Insights.
The estimated growth represents a compound annual growth rate (CAGR) of 8.3% from 2026 – 2035. Global Market Insights (GMI) pegged the 2026 global business jet market size at $29.5 billion.
GMI acknowledged North America as the world’s largest business jet market, and pegged the Asia Pacific region as the world’s fastest-growing.
As for key players, Bombardier Inc. led with more than 25.6% market share in 2025; the top five players in the market, including Bombardier Inc., General Dynamics (NYSE: GD) subsidiary Gulfstream Aerospace, Textron (NYSE: TXT), Dassault Aviation and Embraer (NYSE: EMBJ) collectively held a market share of 66.9% in 2025.
Image of a Bombardier Global 7500 aircraft in flight courtesy of Bombardier.
Per GMI, “expected to outpace unit growth as OEMs capture a larger proportion of value through aircraft mix, cabin capability, and aftermarket-linked fleet programs.”
GAMA recorded 854 business jet deliveries in 2025, up from 764 in 2024, while total aircraft billings across tracked general aviation manufacturers reached USD 31.0 billion, according to GMI.
GMI’s Analyst View reads as follows:
“We estimate that revenue expansion will be led by value per aircraft rather than delivery volume alone. The projected 8.3% revenue CAGR exceeds the 5.1% delivery CAGR, while average selling price increased from USD 22.9 million per aircraft in 2022 to USD 31.6 million in 2025. This pattern places product mix, completion content, and lifecycle service capability at the center of competitive performance.”
Business jet size estimates excerpt from Global Market Insights’ September 2026 Business Jets Market Size & Share report courtesy of Global Market Insights.
GAMA lists key business jet industry growth drivers as follows:
- Time-efficient travel demand
- Expansion of HNWI wealth
- Emerging-market connectivity (specifically, flexible point-to-point missions, Asia Pacific, Latin America, Middle East & Africa)
- Fractional and charter penetration
- Fleet modernization
GMI’s projections by aircraft size are as follows:
- VLJ segment projected to expand from $1.3 million in 2025 to $6.3 million by 2035, at a ~ 16.5% CAGR
- Light jets projected to expand from $4.44 million in 2025 to $16.47 million by 2035, at a ~ 13.7% CAGR
- Medium jets projected to expand from $5.96 million in 2025 to $22.4 million by 2035 at a ~ 13.9% CAGR
- Heavy jets, which generated ~ $15.3 million in 2025, expected to remain nearly flat through 2035 at a ~ (0.3%) CAGR
