Tue, Feb 23, 2010
Predicts Demand Of 16,400 New Turbine Helicopters During Next
Decade
Rolls-Royce forecasts a turbine helicopter market
characterized by emerging near-term recovery followed by long-term
growth. Over the ten year period, the company said at Heli-Expo
2010 Monday, total helicopter deliveries are predicted to be more
than 16,400 units as the market responds to improving civil market
fundamentals and the world's military operators address a growing
call for more vertical lift capability. In both segments, demand
for replacement of retired and aging helicopters will supplement
civil and military market growth.
Ken Roberts, President of the Rolls-Royce Helicopter Engine
business, said: "The industry did not escape the economic downturn
in 2009, but we think emerging conditions set the stage for modest
growth in the near-term followed by solid long-term demand. The
rotorcraft market will continue to be counterbalanced by offsetting
civil and military requirements, and stronger macroeconomic
conditions are expected to result in increased demand in the
future."
Rolls-Royce projects deliveries of more than 16,400 new turbine
helicopters valued at $146 billion during the 2010-2019 forecast
horizon. These helicopters will require approximately 26,000 new
turbine engines valued at around $12 billion.
The civil market will experience modest unit growth, especially
in new entry-level turbine helicopters. Rolls-Royce forecasts
around 10,300 civil helicopters to be delivered during the ten year
period with an overall airframe value estimated at $38 billion and
associated engine value of $4.2 billion.
Military original equipment manufacturer (OEM) deliveries are
predicted to total approximately 6,100 new military helicopters
during the ten year period, with an airframe value of approximately
$108 billion and an associated installed engine value of around
$7.7 billion.
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