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FOLLOWING U.S. ATTACK ON SYRIAN AIR BASE, FI OFFERING DETAILED TOMAHAWK CRUISE MISSILE REPORT
Apr 07, 2017
POLITICS TO AFFECT SHAPE OF U.S. DEFENSE ELECTRONICS MARKET
Mar 28, 2017
FORECAST INTERNATIONAL: HIGHER DEFENSE BUDGETS LIKELY TO GIVE MEDIUM/HEAVY MILITARY ROTORCRAFT MARKET A LIFT
Mar 07, 2017
FORECAST INTERNATIONAL ISSUES 'LAUNCH VEHICLES: YEAR IN REVIEW 2016.' STAGE SET FOR RENEWED ACTIVITY IN 2017
Jan 30, 2017
FPSO CONSTRUCTION POWERING MECHANICAL DRIVE MARKET
Dec 13, 2016
ROLLS-ROYCE RULES THE NAVAL GAS TURBINE MARKET
Dec 12, 2016
FORECAST INTERNATIONAL RELEASES VERSION 3.1 OF ITS PLATINUM FORECAST SYSTEM
Dec 07, 2016
BUSINESS JET MARKET TO RESUME POSITIVE GROWTH TREND
Oct 31, 2016
SHORT-TERM GROWTH PROJECTED FOR LIGHT MILITARY ROTORCRAFT MARKET AIRBUS HELICOPTERS TO LEAD MARKET
Oct 13, 2016
FORECAST INTERNATIONAL PREDICTS A WORLD MARKET FOR 5,480 INDUSTRIAL POWER GENERATING GAS TURBINE ENGINES WORTH $105 BILLION OVER THE NEXT 10 YEARS
Oct 05, 2016
REGIONAL AIRCRAFT MARKET STABILIZING; LONG-TERM GROWTH PROJECTED
Sep 23, 2016
FORECAST INTERNATIONAL: INSATIABLE DEMAND FOR DATA AND CONNECTIVITY DRIVE COMMERCIAL SATELLITE MARKET
Sep 12, 2016
GLOBAL DEFENSE MARKET ON UPSWING AS ASIA SPEARHEADS GROWTH
Sep 08, 2016
FROM CIVIL DISOBEDIENCE TO TOTAL WAR – THE FLOW OF INFORMATION REMAINS PROFITABLE
Sep 01, 2016
FORECAST INTERNATIONAL: 15-YEAR WORLD AVIATION GAS TURBINE MARKET WORTH A STAGGERING $1.2 TRILLION
Aug 22, 2016
FORECAST INTERNATIONAL PROJECTS NAVAL RADAR MARKET WORTH MORE THAN $13 BILLION OVER 10 YEARS
Jul 18, 2016
SMALLSATS PLAY GROWING ROLE IN $29 BILLION REMOTE SENSING SATELLITE MARKET
Jul 13, 2016
FORECAST INTERNATIONAL: F-35 LIGHTNING II TO DOMINATE FIGHTER MARKET
Jul 12, 2016
FORECAST INTERNATIONAL PROJECTS $2.74 TRILLION LARGE JETLINER MARKET OVER NEXT 10 YEARS
Jul 11, 2016
FORECAST INTERNATIONAL EXPECTS AIRBUS AND BOEING BACKLOGS WILL DECLINE IN 2016
Jun 16, 2016
U.S. NAVY'S NEXT-GEN JAMMER TO LEAD 10-YEAR, $5 BILLION ELECTRONIC ATTACK MARKET
Jun 06, 2016
ELECTRONICS CONTINUE TO DOMINATE THE LANDSCAPE, WHILE SLEP LOOMS AS A PRIORITY FOR THE FIGHTER/ATTACK/TRAINER R&M MARKET
May 09, 2016

Press Release

Contact: Douglas Royce, Senior Aircraft Analyst
Phone: (203) 426-0800
Fax: (203) 426-4262
Website: www.forecastinternational.com
E-mail: douglas.royce@forecast1.com
Forecast International, Inc.
22 Commerce Rd. Newtown, CT 06470 USA

FOR IMMEDIATE RELEASE

Forecast International: 15-Year World Aviation Gas Turbine Market Worth a Staggering $1.2 Trillion

NEWTOWN, Conn. [August 22, 2016] - Aviation gas turbine engine production data gleaned from Forecast International's Platinum Forecast System® 2.0 reveals that over the next 15 years, this market segment will be one of astonishing proportions. During the 2016 -2030 period, manufacturers are expected to produce nearly 228,000 aviation gas turbine engines, including turbofan, turboshaft, turboprop and turbojet types. The value of this production in 2016 dollars is $1.232 trillion, at estimated list prices.

The market for aviation gas turbines is being driven by an impressive aircraft production market comprising three major re-equipment cycles, including an unprecedented demand cycle for new airliners, a market for new business jets and, on the military side, a replacement cycle for aging fighter and fighter-bomber aircraft.

In terms of the types of engines that the aviation gas turbine market will comprise, turbofans will be the dominant type produced, as they will power most of the airliners, all of the business jets and, coupled with thrust-augmenting afterburners, the very high-performance fighters of the future. Turboshafts now power all rotorcraft except a few at the very light end of the spectrum that still employ pistons. Also, there is still a niche market for turboprops to power some regional airliners and military special purpose aircraft, which have need of the enhanced short-field capabilities provided by turboprops or, in some cases, the slow-speed loitering capability they provide. Finally, there is still a niche market for turbojets, which power missiles of many types as well as some target drones.

The Aviation Gas Turbine module of FI's Platinum Forecast System incorporates forecasts for every type of projected airframe worldwide, and converts them into a demand curve for each of the respective engine types, including installed on-the-wing power, plus pipeline spares in the form of whole engines or equivalent sets of components.

The Platinum Forecast System 2.0 is a breakthrough in forecasting technology that allows the selection of unique criteria to create distinct market segments. Platinum provides customized assessments that quickly identify both risk and future opportunities.

About Forecast International

Forecast International, Inc. is a leading provider of Market Intelligence and Analysis in the areas of aerospace, defense, power systems and military electronics. Based in Newtown, Conn., USA, Forecast International specializes in long-range industry forecasts and market assessments used by strategic planners, marketing professionals, military organizations, and governments worldwide. Forecast International's resources and extensive base of experience can be readily adapted and efficiently focused to fulfill a broad spectrum of civil and military consulting and special research requirements.

 


Contact Information
Ray Peterson
Vice President, Research & Editorial Services
Forecast International
22 Commerce Rd. Newtown, CT 06470 USA
(203) 426-0800
ray.peterson@forecast1.com.



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