The global business jet market size was USD 25.87 billion in 2021. The market is expected to grow from USD 29.03 billion in 2022 to USD 38.34 billion in 2029, exhibiting a CAGR of 4.06% in 2021-2028. The rising demand for private aviation from consumers and the advent of hybrid-electric aircraft propulsion technology are expected to bolster market progress.
Information Source: https://www.fortunebusinessins....ights.com/industry-r
![Business Jet Market Size, Share, Growth | Industry Trends [2029]](https://we2chat.s3.amazonaws.com/upload/photos/2023/06/oirvivqTYpLUCWOC3d8J_url_image.jpg)
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