Market Share of Europe Light and Very Light Jets Industry
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 the light and very light jets in the industry. As the demand for light jets is increasing, players are introducing new models with added amenities to attract customers and increase their market share. In February 2020, Honda Aircraft Company announced that it has secured European steep-approach certification for up to 8 occupants for its new light jet model, the HondaJet Elite. The entry of such newer models into the market will make it more competitive in the years to come.
Europe Light & Very Light Jets Market Leaders
Honda Aircraft Company
Embraer SA
Cirrus Design Corporation
Textron Inc.
Pilatus Aircraft Ltd
*Disclaimer: Major Players sorted in no particular order