Southeast Asia Business Jet Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Southeast Asian Business Jet Market Report is Segmented by Aircraft Type (Light Jets, Mid-Size Jets, and Large Jets) and Geography (Singapore, Indonesia, Thailand, Philippines, Vietnam, and the Rest of Southeast Asia). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

Southeast Asia Business Jet Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Southeast Asia Business Jet Market Size

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Southeast Asia Business Jet Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 369.87 Million
Market Size (2030) USD 759.27 Million
CAGR (2025 - 2030) 15.47 %
Market Concentration High

Major Players

Southeast Asia Business Jet Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Southeast Asia Business Jet Market with other markets in Aerospace & Defense Industry

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Southeast Asia Business Jet Market Analysis

The Southeast Asia Business Jet Market size is estimated at USD 369.87 million in 2025, and is expected to reach USD 759.27 million by 2030, at a CAGR of 15.47% during the forecast period (2025-2030).

Southeast Asian countries are emerging as premier global tourist destinations. New charter and private travel operators are entering the scene. Many of these operators are unveiling fresh charter routes in the region, spurring a heightened demand for fuel-efficient business jets throughout the forecast period.

In recent years, the region has seen a significant uptick in high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs). This surge is anticipated to fuel the appetite for business and private travel, consequently boosting the acquisition of private jets with upgraded cabin interiors. Furthermore, infrastructure projects bolster the charter jet services sector's expansion. Numerous regional airports have designated exclusive spaces for private and charter jet operations, and countries are rolling out new business aviation facilities as part of their airport expansion initiatives.

As fuel prices climb, companies are bracing for heightened operating expenses. Fuel surcharges vary from USD 600 to over USD 1,000 per hour, depending on aircraft types and fuel price fluctuations. To offset these costs, companies can either pass them on to consumers, thereby increasing trip costs, or absorb them and potentially shrink their profit margins.

Southeast Asia Business Jet Industry Overview

The Southeast Asia business jet market is consolidated, with a few players holding significant shares. The prominent players in the market are Bombardier Inc., Dassault Aviation SA, Embraer SA, General Dynamics Corporation (Gulfstream Aerospace Corporation), and Textron Inc.

In 2023, Gulfstream delivered more business jets than its competitors, Bombardier and Dassault Aviation. These companies are developing new models with enhanced cabin interiors and improved fuel efficiency. Charter service providers in Singapore are expanding their operations to meet increasing travel demands. In March 2022, Air Charter Service announced increased investments in Singapore and Asia-Pacific to address growing regional air travel needs. These developments will attract new customers and strengthen aircraft manufacturers' presence in the region. As a result, manufacturers are developing specific strategies to capture emerging market opportunities.

Southeast Asia Business Jet Market Leaders

  1. Bombardier Inc.

  2. Dassault Aviation SA

  3. Embraer SA

  4. General Dynamics Corporation

  5. Textron Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Southeast Asia Business Jet Market Concentration
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Southeast Asia Business Jet Market News

  • April 2024: Scoot, Singapore's low-cost carrier, began operations with its new Embraer E190-E2 aircraft. By the end of 2025, the airline plans to acquire nine more E190-E2 regional jets.
  • March 2024: PT Smart Aviation signed a contract with Textron Aviation to deliver its first Cessna SkyCourier in Indonesia. The contract includes one passenger variant of the SkyCourier and four Cessna Grand Caravan EXs, with deliveries scheduled to begin in 2026.

Southeast Asia Business Jet 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 By Aircraft Type
    • 5.1.1 Light Jets
    • 5.1.2 Mid-size Jets
    • 5.1.3 Large Jets
  • 5.2 By Geography
    • 5.2.1 Singapore
    • 5.2.2 Indonesia
    • 5.2.3 Thailand
    • 5.2.4 Philippines
    • 5.2.5 Vietnam
    • 5.2.6 Rest of Southeast Asia

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles
    • 6.2.1 Airbus SE
    • 6.2.2 The Boeing Company
    • 6.2.3 Bombardier Inc.
    • 6.2.4 Dassault Aviation SA
    • 6.2.5 Embraer SA
    • 6.2.6 General Dynamics Corporation
    • 6.2.7 Textron Inc.
    • 6.2.8 Honda Aircraft Company
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Southeast Asia Business Jet Industry Segmentation

A business jet or a private jet is an aircraft that is turbofan-powered and designed to transport small groups of people. The scope includes the procurement of business jets purchased by individuals (such as VIPs, athletes, and government officials), corporations, governments, and charter service providers. The report excludes helicopters used for business travel.

The Southeast Asia business jet market is segmented by aircraft type and geography. By aircraft type, the market is segmented into light jets, mid-size jets, and large jets. The report also offers the market size and forecasts for five countries across the region. For each segment, the market size is provided in terms of value (USD).

By Aircraft Type Light Jets
Mid-size Jets
Large Jets
By Geography Singapore
Indonesia
Thailand
Philippines
Vietnam
Rest of Southeast Asia
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Southeast Asia Business Jet Market Research Faqs

How big is the Southeast Asia Business Jet Market?

The Southeast Asia Business Jet Market size is expected to reach USD 369.87 million in 2025 and grow at a CAGR of 15.47% to reach USD 759.27 million by 2030.

What is the current Southeast Asia Business Jet Market size?

In 2025, the Southeast Asia Business Jet Market size is expected to reach USD 369.87 million.

Who are the key players in Southeast Asia Business Jet Market?

Bombardier Inc., Dassault Aviation SA, Embraer SA, General Dynamics Corporation and Textron Inc. are the major companies operating in the Southeast Asia Business Jet Market.

What years does this Southeast Asia Business Jet Market cover, and what was the market size in 2024?

In 2024, the Southeast Asia Business Jet Market size was estimated at USD 312.65 million. The report covers the Southeast Asia Business Jet Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Southeast Asia Business Jet Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Southeast Asia Business Jet Industry Report

Statistics for the 2025 Southeast Asia Business Jet market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Southeast Asia Business Jet 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.