Page 26 - Bombardier Market Forecast
P. 26
the forecast
Bombardier Business Aircraft | Market Forecast 2011-2030 26
North America (United States and Canada)
Business Jet Penetration Forecast - North America
Fleet per capita vs. GDP per capita, 1960-2030
10,000
2010 2030
Fleet per 100 Million Population (Log Scale) 100
1,000
The U.S. economy has been on a recovery 10
path since mid-2009. Although there is still Actual
plenty of slack in the American economy, Forecast
growth is expected to unfold evenly through- 1 1960
10,000
out 2011. Many key areas are now displaying 1,000 GDP per Capita (USD, Log Scale) 100,000
visible growth: employment, consumer
spending, and exports, with the latter being Sources: Ascend, IMF, IHS Global Insight, UN Population Project, Bombardier forecast. Includes very light jets.
fuelled by rapid growth in emerging markets. The Canadian economy accelerated at growth in 2011, up from 2.8% in 2010.
Last, but not least, corporate profits grew a good rate in 2010. The consumer, Economic growth should remain steady
8.5% between Q1-2010 and Q1-2011. government, investment and trade sectors for the region over the 2011-2030 period,
all performed well. As with the U.S., with a yearly average of 2.7%.
On the other hand, inflation has become Canada’s economy is expected to be
more of a concern, with higher gasoline and stronger moving into 2011. As the most prevalent economic region
food prices. It is expected to grow to 3.0% around the world, North America should
this year, up from 1.6% last year. In the short According to IHS Global Insight, real GDP continue creating wealth and sustaining the
term, the higher U.S. dollar is representing growth for North America should improve development of its business aircraft industry.
a slight drag on real GDP. this year over last year, with a forecast 3.2%
Bombardier Business Aircraft | Market Forecast 2011-2030 26
North America (United States and Canada)
Business Jet Penetration Forecast - North America
Fleet per capita vs. GDP per capita, 1960-2030
10,000
2010 2030
Fleet per 100 Million Population (Log Scale) 100
1,000
The U.S. economy has been on a recovery 10
path since mid-2009. Although there is still Actual
plenty of slack in the American economy, Forecast
growth is expected to unfold evenly through- 1 1960
10,000
out 2011. Many key areas are now displaying 1,000 GDP per Capita (USD, Log Scale) 100,000
visible growth: employment, consumer
spending, and exports, with the latter being Sources: Ascend, IMF, IHS Global Insight, UN Population Project, Bombardier forecast. Includes very light jets.
fuelled by rapid growth in emerging markets. The Canadian economy accelerated at growth in 2011, up from 2.8% in 2010.
Last, but not least, corporate profits grew a good rate in 2010. The consumer, Economic growth should remain steady
8.5% between Q1-2010 and Q1-2011. government, investment and trade sectors for the region over the 2011-2030 period,
all performed well. As with the U.S., with a yearly average of 2.7%.
On the other hand, inflation has become Canada’s economy is expected to be
more of a concern, with higher gasoline and stronger moving into 2011. As the most prevalent economic region
food prices. It is expected to grow to 3.0% around the world, North America should
this year, up from 1.6% last year. In the short According to IHS Global Insight, real GDP continue creating wealth and sustaining the
term, the higher U.S. dollar is representing growth for North America should improve development of its business aircraft industry.
a slight drag on real GDP. this year over last year, with a forecast 3.2%
