The United States business jets market reached around USD 10.93 Billion in 2024. According to Expert Market Research, the industry is projected to expand at a CAGR of 6.60% between 2025 and 2034, reaching nearly USD 20.71 Billion by 2034.
Key drivers fueling the growth of business jets in the US include:
Rising corporate travel: Companies increasingly relying on private jets for time-efficient and flexible travel.
Growth in high-net-worth individuals: The expanding population of wealthy individuals is boosting private jet ownership.
Advancements in aviation technology: Fuel-efficient engines, enhanced avionics, and improved in-flight connectivity are making business jets more attractive.
Increasing demand for safety and privacy: Post-pandemic travel preferences continue to favor private aviation.
Expansion of charter services: On-demand private jet services are widening accessibility beyond traditional ownership.
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