Albany, NY -- (SBWIRE) -- 07/08/2016 -- About Supersonic Business Jet

A supersonic business jet (SBJ) is a small business private carrier, which can accommodate 10 to 12 passengers and can fly at a speed of more than Mach 1. It efficiently reduces the travel time to half, as compared to other conventional business aircraft.

Currently, aviation experts such as Airbus, Lockheed Martin, Aerion, HyperMach, and Gulfstream Aerospace develop supersonic business aircraft.

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Technavios analysts forecast the Global Supersonic Business Jet Market to grow at a CAGR of 3.87% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global supersonic business jet market for the period 2016-2020.

The market is divided into the following segments based on geography:

Americas
APAC
EMEA

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Technavio's report, Global Supersonic Business Jet Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Aerion Corp.
HyperMach Europe Aeronautics
Lockheed Martin Corp.
Spike Aerospace, Inc
TsAGI

Market driver
Evolution of lightweight composites and aerodynamics
For a full, detailed list, view our report

Market challenge
Cost-efficiency
For a full, detailed list, view our report

Key questions answered in this report
-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

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