Business Aircraft Market Forecast 2012 - 2031 - Bombardier

Figure the forecast
#42
asia Pacific
Asia Pacific, with its diverse population,
massive size, and vast cultural history, is
one of the world’s most multifaceted and
intriguing regions.
the emerging economies of Asia have
been on a path to rapid industrialization
over the last 10 years, growing at an average
of 4.8% annually. net inflows of foreign direct
investment over the last decade have been
strong in countries such as south Korea,
indonesia, singapore, thailand and Vietnam.
Fleet per 100 Million Population (Log Scale)
10,000
1,000
100
10
1
1961
1981
each of these has also benefited from
growing trade with china and Japan.
According to the imf, trilateral trade between
south Korea, china and Japan has expanded
by an annual average of 17% over the 2001-
2011 period.
2001
1991
bombArdier business AircrAft
Market forecast 2012-2031
BUSINESS JET PENETRATION FORECAST – ASIA PACIFIC
Fleet per Capita vs. GDP per Capita, 1960-2031
1971
2011
2021 2031
100 1,000 10,000 100,000
GDP per Capita ($, Log Scale)
Sources: Ascend, IMF, IHS Global Insight, UN population project, Bombardier forecast. Includes Very Light Jets.
Actuals
Forecast
real GdP in Asia’s emerging economies is
expected to grow by 4.2% in 2012, according
to iHs Global insight, consistent with 2011.
export activity is expected to soften in 2012
as weakness in europe weighs down aggregate
demand. emerging Asian economies’
real GdP growth should average 4.1% annually
for the next 20 years.
41