Global Jet Capital has released its Business Jet Market Outlook for 2026-2030, which forecasts the business jet industry to grow steadily from 2026 to 2030, driven by resilient economic expansion, increasing demand for both new and pre-owned jets and strong manufacturer backlogs.
Key trends include:
1. Market Growth and Demand Drivers
Transaction Growth: Total new and pre-owned business jet transaction unit volume is projected to grow at an average annual rate of 2.8%, with dollar volume increasing at 4.1% per year.
Economic Expansion: Rising global GDP and wealth creation are fueling demand, as business jets offer productivity, flexibility, and access advantages.
Flight Activity: Business aviation departures have surpassed pre-pandemic records, reflecting robust demand from both fleet and whole aircraft owners.
2. New and Pre-Owned Market Dynamics
New Deliveries: Expected to grow 3.3% in 2026 and at a 2.4% annual rate through 2030, supported by strong backlogs and gradual supply chain improvements. Heavy and medium jets are forecast to see the fastest growth.
Pre-Owned Transactions: After normalization, pre-owned transactions are forecast to increase 3.6% in 2026 and at a 2.9% annual rate through 2030. Heavy jets and very light jets (VLJs) are expected to outpace other segments in growth.
3. Regional Trends
North America: Will remain the dominant market, accounting for nearly 74% of global transactions, with a strong preference for pre-owned jets.
Latin America: Projected as the second largest market, especially for pre-owned aircraft.
Europe, APAC, MEA: Continue as important markets, with APAC and MEA offering notable growth opportunities due to increasing wealth and a growing user base.
4. Segment Preferences
Heavy Jets: Gaining market share due to range, capacity, and cabin experience; forecast to make up 33.6% of new deliveries and 28.2% of pre-owned transactions over the next five years.
Medium Jets: Also growing in popularity, balancing performance and cost.
VLJs: Expected to see strong growth in pre-owned transactions, driven by personal jet demand.
5. Risks and Opportunities
Risks: Geopolitical instability, oil market disruptions, supply chain issues, and regulatory changes could impact growth.
Opportunities: Resolution of supply chain constraints, faster economic growth, and new model certifications could accelerate market expansion.
Overall, the business jet market is positioned for healthy, broad-based growth, with both new and pre-owned segments benefiting from economic resilience and evolving user needs.