Embraer releases its 10-year market outlook for business aviation

NBAA - LAS VEGAS, 18 Nov. 2015. The next 10 years will see demand for 9,100 new business jets (bizjets), valued at $259 billion (U.S.) and indicating a compound annual growth rate (CAGR) of three percent per year, according to Embraer Executive Jets’ 10-year market outlook for business aviation. Bizjet demand is expected to exceed the past decade's deliveries and market value, totaling approximately 8,190 business jets delivered, worth $198 billion.

The new deliveries forecast reflects a higher potential demand coming from the U.S. market as well as a reduction in the demand from emerging markets. The small and medium jet segments are expected to represent the majority of the market, with nearly two thirds of the total deliveries, benefiting mostly from the opportunities out of the North American and European markets.