Industryweek 5293 Airbus Infographic Promo

Airbus' Global Market Forecast: Future Journeys [INFOGRAPHIC]

Sept. 24, 2013
"By 2032, Asia-Pacific will lead the world in traffic overtaking Europe and North America," said John Leahy, Chief Operating Officer – Customers. 

Airbus (IW 1000/52), in its latest Global Market Forecast, predicted air traffic will increase 4.7% annually for the next two decades, driven by increased air transportation needs in emerging markets.

That means there will be demand for more than 29,220 new passenger and freighter aircraft, or $4.4 trillion in new aircraft.

Taking replacements into consideration, the worldwide fleet will double to nearly 36,560 aircraft.

"By 2032, Asia-Pacific will lead the world in traffic overtaking Europe and North America. Today on average, a fifth of the population of the emerging markets take a flight annually and by 2032, this will swell to two thirds," said John Leahy, Chief Operating Officer – Customers.

Infographic courtesy of Airbus.

Popular Sponsored Recommendations

Global Supply Chain Readiness Report: The Pandemic and Beyond

Sept. 23, 2022
Jabil and IndustryWeek look into how manufacturers are responding to supply chain woes.

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

How Organizations Connect and Engage with Frontline Workers

June 14, 2023
Nearly 80% of the 2.7 billion workers across manufacturing, construction, healthcare, transportation, agriculture, hospitality, and education are frontline. Learn best practices...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!