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FORECAST INTERNATIONAL: BIZJET MARKET RECOVERY ON THE HORIZON
Nov 08, 2017
FORECAST INTERNATIONAL PROJECTS $22.2 BILLION LIGHT MILITARY ROTORCRAFT MARKET OVER 15 YEARS
Oct 24, 2017
FORECAST INTERNATIONAL PREDICTS $213 BILLION REGIONAL MARKET OVER 15 YEARS
Sep 26, 2017
FULL SPEED AHEAD FOR ANTI-SHIP MISSILE MARKET
Sep 13, 2017
AIRCRAFT CARRIERS MARK GROWTH OF REGIONAL NAVIES
Sep 12, 2017
TWO SHIP COLLISIONS RAISE QUESTIONS
Aug 24, 2017
RISING TENSIONS IN THE KOREAN PENINSULA HIGHLIGHT THAAD MISSILE'S KEY ROLE
Aug 10, 2017
FORECAST INTERNATIONAL LAUNCHES IMPROVED U.S. DEFENSE BUDGET DATABASE
Aug 08, 2017
FORECAST INTERNATIONAL: BOEING ON A ROLL; BOTH CIVIL AND MILITARY MARKETS REMAIN STRONG
Aug 01, 2017
DEFENSE FIRMS SEE STRONG GROWTH POTENTIAL AS UPSWING BEGINS
Jul 18, 2017
COMMERCIAL COMSAT MAKERS CASHING IN ON HOT MARKET
Jul 12, 2017
FORECAST INTERNATIONAL: 15-YEAR WORLD AVIATION TURBOSHAFT MARKET WORTH $34 BILLION
Jun 20, 2017
FORECAST INTERNATIONAL PREDICTS $4.15 TRILLION LARGE JETLINER MARKET OVER 15 YEARS
Jun 19, 2017
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

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: F-35 Lightning II to Dominate Fighter Market

FARNBOROUGH INTERNATIONAL AIR SHOW [July 12, 2016] In its new study "The Market for Fighter Aircraft," Forecast International projects that a total of 2,855 fighter aircraft will be produced from 2016 through 2025. The value of this production is estimated at $176.8 billion (in FY16 U.S. dollars).

The total number of fighters to be produced over the next decade is very close to the number of aircraft produced during the last 10 years, when production in the fighter market averaged about 280 aircraft per year.

Production during the 2016-2025 forecast period will peak at 330 aircraft in 2018. Annual production will then decline slightly through 2022, falling to 250 aircraft that year. It will then begin climbing in 2023, reaching 264 aircraft in 2025, well below the 2018 high.

The Lockheed Martin F-35 will be the largest fighter program over the next decade, due primarily to its selection as the tactical fighter of choice for the U.S. Air Force, Navy, and Marine Corps. Indeed, of the 2,855 fighters expected to roll off the production lines during the next 10 years, nearly 1,210 will be F-35s, representing 42 percent of the market.

Forecast International senior aerospace analyst Douglas Royce said, "The success of the stealthy fighter on the export market will depend heavily on its cost as well as on the capabilities it offers operators. Lockheed Martin believes it can reduce the cost of the aircraft to a point that would place it below the competing Eurofighter and Rafale but well above the latest generation of the Saab Gripen. Reaching this goal is important if the aircraft is to achieve its full potential in the world fighter market."

The export market for legacy U.S. fighters – the Boeing F-15 and F/A-18E/F Super Hornet and Lockheed Martin's own F-16 – is fading. The U.S. government's allies are traditionally the best customers for U.S. fighters, and many of its allies in Europe and Asia are looking to buy F-35s.

The Middle East region remains the best market for U.S. legacy fighters because so many potential customers in the area will be effectively closed out of buying the F-35 for at least the next decade. "These nations continue to provide sales opportunities for Boeing and Lockheed Martin, but operators in the Middle East are also increasingly willing to order European aircraft instead," said Royce.

Relatively few nations can afford to buy new high-end fighters, and with so many manufacturers chasing a small number of potential customers, we expect the termination of at least one Western fighter production line in the near term.

Meanwhile, Russia's United Aircraft Corporation (UAC) will continue to provide fighters to nations outside the U.S. and European defense spheres. China is a potential competitor in this submarket, but has yet to fully develop a solid export program for its most advanced fighters.

Forecast International representatives will be available during the Farnborough International Airshow (Hall 1/C140) to demonstrate the company's extensive line of Aerospace & Defense Market Intelligence products, including the Platinum Forecast System® 2.0.

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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