Bombardier Commercial Aircraft Releases its Annual Market Forecast
- 12,700 Forecasted Aircraft Deliveries from 2015 to 2034 in the 60- to 150-Seat Segment, Valued at $650 Billion
Bombardier Commercial Aircraft released today its annual 20-year market forecast. With a more profitable airline industry, the need for new aircraft is expected to rise, in spite of a slower than anticipated world economic recovery. Replacement demand in established markets, such as Europe and North America, and growth potential in emerging markets, such as Greater China and South Asia, are forecasted to drive the increase in deliveries. Operators will remain focused on finding more efficient and sustainable solutions in the context of volatile fuel prices and mounting environmental concerns.
“We have a clear goal at Bombardier to provide a portfolio of aircraft that will enable our customers to differentiate themselves and generate value,” said Fred Cromer, President, Bombardier Commercial Aircraft. “Our continued innovation in our Q Series, CRJ Series and C Series families of aircraft allows us to leverage current trends to offer optimal solutions for all airline business models. We are committed to building winning partnerships and determined to strengthen our market leadership.”
Global Biomimetic Aircraft Market Research Report 2017
Over the next 20 years, Bombardier forecasts demand for 12,700 aircraft deliveries in the 60- to 150-seat segment, valued at $650 billion*.
The 60- to 100-seat segment will continue to be one of the most dynamic in commercial aviation. It is anticipated that the fleet in this segment will more than double in size, generating demand for 5,700 new aircraft. Deliveries will be split roughly equally between regional jets and turboprops, with lower forecasted fuel prices favouring the regional jet share.
The 100- to 150-seat segment, which has not been the focus of aircraft development for at least the past two decades, will witness a major fleet transformation with the entry-into-service of new clean-sheet aircraft designs. This segment is expected to generate 7,000 aircraft deliveries from 2015 to 2034.
As a mature aviation market undergoing fleet renewal, North America is expected to lead the way in 60- to 150-seat commercial aircraft deliveries. Over the forecast period, the region is expected to take 3,600 new aircraft, followed by Greater China with 2,450, Europe with 2,100, Latin America with 1,150, Asia Pacific with 1,100, South Asia with 700, the Commonwealth of Independent States (CIS) with 600, Africa with 550, and Middle East with 450. The airline industries in emerging regions are at various stages in their development, but all will require aircraft with various seat capacities and competitive operating economics to match seat capacity to passenger demand.
With its Q Series turboprops, CRJ Series regional jets and C Series aircraft family, Bombardier offers a full range of fuel-efficient and sustainable products that will drive our customers’ growth. Bombardier is uniquely positioned to capture a substantial share of the forecasted deliveries in its markets over the next 20 years.
Source : Bombardier Aerospace - view original press release