Light And Very Light Jets Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Light and Very Light Jets Market Report is Segmented by Aircraft Type (Very Light Jet and Light Jet) and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Light And Very Light Jets Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Light And Very Light Jets Market Size

Light And Very Light Jets Market (2024 - 2029)
Study Period 2019 - 2030
Market Size (2025) USD 8.06 Billion
Market Size (2030) USD 14.14 Billion
CAGR (2025 - 2030) 11.90 %
Fastest Growing Market Middle East and Africa
Largest Market North America
Market Concentration Medium

Major Players

Light And Very Light Jets Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Light And Very Light Jets Market with other markets in Aerospace & Defense Industry

Defense

Airport Operations

Aviation

Aerospace & Defense Technology

Air Taxi

Aircraft Parts

Light And Very Light Jets Market Analysis

The Light And Very Light Jets Market size is estimated at USD 8.06 billion in 2025, and is expected to reach USD 14.14 billion by 2030, at a CAGR of 11.9% during the forecast period (2025-2030).

One of the key drivers is the increasing demand for cost-effective and efficient transportation options. Light and very light jets offer a more affordable alternative to traditional private jets, making them attractive to both individual buyers and commercial operators. Another driver is the growing popularity of air taxi services and on-demand charter flights. Light and very light jets are well-suited for these services, as they can operate from smaller airports and have the ability to land on shorter runways. This flexibility allows for more convenient and efficient travel, particularly in congested urban areas.

However, there are also some restraints that may hinder the growth of the light and very light jets market. One of the main challenges is the high cost of acquisition and maintenance. While these jets are cheaper than larger private jets, they still require a significant investment, which may deter some potential buyers. Additionally, regulatory restrictions and airspace congestion can limit the growth of the market.

Light And Very Light Jets Industry Overview

Embraer SA, Honda Aircraft Company, Cirrus Design Corporation, Textron Inc., and Pilatus Aircraft Ltd are some of the major players in the market. The market comprises only a few players developing light and very light jets in the industry. For instance, Flexjet Inc. acquired Flying Colours Corp., an aviation maintenance, repair, and overhaul company. This acquisition expands the private jet travel industry’s most significant maintenance and product support network, with facilities in the US, Canada, and Europe supporting Flexjet’s rapidly growing fleet. 

New players, like Stratos Aircraft, are about to enter the market with new aircraft models, like Strats 714 and 716X. In this market, efficiency, comfort, and reliability are the main aspects that customers seek before purchasing jets. Hence, the players are working to develop new aircraft with upgraded features in this regard. For instance, in 2022, Embraer delivered 66 light jets, and Embraer increased the aircraft deliveries by 12.7% compared to 2021.

Light And Very Light Jets Market Leaders

  1. Textron Inc.

  2. Honda Aircraft Company, LLC

  3. Cirrus Design Corporation

  4. Embraer SA

  5. Pilatus Aircraft Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Light And Very Light Jets Market Concentration
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Light And Very Light Jets Market News

  • May 2023: Volato signed an agreement with Honda Aircraft Co., HACI, to deliver 23 HondaJets. This will lead to a total of 25 new aircraft for the company, in addition to the two existing jets already ordered. By the end of 2025, new HondaJets will be in service. Volato has 17 HondaJets in its fleet, which makes it one of the most technologically advanced private fleets on the market. In 2024, Volato will increase its fleet to include four G280 Gulfstream aircraft, enabling it to provide a wide range of flight options for its increasing membership and customer base.
  • May 2023: NetJets has given a USD 5 billion contract to Embraer for 250 Embraer Praetor 500s, along with comprehensive services and support. Deliveries of the fly-by-wire midsize jets are expected to start in 2025. Powered by a pair of Honeywell HTF7500E turbofan engines, the nine-passenger Praetor 500 has a range of 3,450 nautical miles.

Light And Very Light Jets Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Aircraft Type
    • 5.1.1 Very Light Jet
    • 5.1.2 Light Jet
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.1.1 United States
    • 5.2.1.2 Canada
    • 5.2.2 Europe
    • 5.2.2.1 United Kingdom
    • 5.2.2.2 France
    • 5.2.2.3 Germany
    • 5.2.2.4 Italy
    • 5.2.2.5 Rest of Europe
    • 5.2.3 Asia-Pacific
    • 5.2.3.1 China
    • 5.2.3.2 India
    • 5.2.3.3 Japan
    • 5.2.3.4 South Korea
    • 5.2.3.5 Rest of Asia-Pacific
    • 5.2.4 Latin America
    • 5.2.4.1 Brazil
    • 5.2.4.2 Mexico
    • 5.2.4.3 Rest of Latin America
    • 5.2.5 Middle East and Africa
    • 5.2.5.1 United Arab Emirates
    • 5.2.5.2 Saudi Arabia
    • 5.2.5.3 Qatar
    • 5.2.5.4 South Africa
    • 5.2.5.5 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles
    • 6.2.1 Textron Inc.
    • 6.2.2 Embraer SA
    • 6.2.3 Honda Aircraft Company, LLC
    • 6.2.4 Cirrus Design Corporation
    • 6.2.5 Pilatus Aircraft Ltd.
    • 6.2.6 Bombardier Inc.
    • 6.2.7 Diamond Aircraft Industries GmbH
    • 6.2.8 Constant Aviation
    • 6.2.9 Stratos Aircraft
    • 6.2.10 MSC Aerospace LLC
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Light And Very Light Jets Industry Segmentation

The light and very light aircraft are designed to operate from smaller airfields and have shorter takeoff and landing distances, allowing pilots to access remote locations and navigate challenging terrain. The light and very light aircraft come in various configurations, including single-engine and multi-engine models, fixed-wing and rotary-wing designs, and hybrid electric propulsion systems. These options cater to different pilot preferences and operational requirements, allowing for increased flexibility in the market.

The light and very light jets is segmented by aircraft type and geography. By aircraft type, the market is segmented into very light jet and light jet. The report also covers the market sizes and forecasts for the light and very light jets market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).

Aircraft Type Very Light Jet
Light Jet
Geography North America United States
Canada
Europe United Kingdom
France
Germany
Italy
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America Brazil
Mexico
Rest of Latin America
Middle East and Africa United Arab Emirates
Saudi Arabia
Qatar
South Africa
Rest of Middle East and Africa
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Light And Very Light Jets Market Research Faqs

How big is the Light And Very Light Jets Market?

The Light And Very Light Jets Market size is expected to reach USD 8.06 billion in 2025 and grow at a CAGR of 11.90% to reach USD 14.14 billion by 2030.

What is the current Light And Very Light Jets Market size?

In 2025, the Light And Very Light Jets Market size is expected to reach USD 8.06 billion.

Who are the key players in Light And Very Light Jets Market?

Textron Inc., Honda Aircraft Company, LLC, Cirrus Design Corporation, Embraer SA and Pilatus Aircraft Ltd. are the major companies operating in the Light And Very Light Jets Market.

Which is the fastest growing region in Light And Very Light Jets Market?

Middle East and Africa is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Light And Very Light Jets Market?

In 2025, the North America accounts for the largest market share in Light And Very Light Jets Market.

What years does this Light And Very Light Jets Market cover, and what was the market size in 2024?

In 2024, the Light And Very Light Jets Market size was estimated at USD 7.10 billion. The report covers the Light And Very Light Jets Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Light And Very Light Jets Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Light And Very Light Jets Industry Report

Statistics for the 2025 Light And Very Light Jets market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Light And Very Light Jets analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.