42 / 50
the forecast
Bombardier Business Aircraft
|
Market Forecast 2011-2030
42
Asia Pacific
Business Jet Penetration Forecast - Asia Pacific
Fleet per capita vs. GDP per capita, 1960-2030
Sources: Ascend, IMF, IHS Global Insight, UN Population Project, Bombardier forecast. Includes very light jets.
GDP per Capita (USD, Log Scale)
Fleet per 100 Million Population (Log Scale)
1
10
100
1,000
10,000
100
1,000
10,000
100,000
JAPAN
EMERGING ASIA
OCEANIA
1960
2010
2030
2010
2010
2030
2030
1960
1960
Actual Japan
Forecast
Actual Emerging Asia
Actual Oceania
The Asia Pacific region's share of the world’s
economy is growing rapidly. This region is
fortunate to include two of the eight countries
identified by Goldman Sachs Asset
Management as "Growth Markets": South
Korea and Indonesia. The Asia Pacific region
can be viewed as three distinct markets:
Emerging Asia, Japan and Oceania.
Emerging Asian countries have been on a
rapid industrialization path, during the last
10 years, growing at an average of 4.7%
per year. Foreign direct investment in countries
like Singapore, Malaysia, Thailand and
Indonesia has been substantial and each
of these countries benefited from growing
trade with China.
Clearly, the repercussions from Japan’s
natural disasters are undermining Emerging
Asia’s economic prospects this year. Several
transmission mechanisms from Japan to the
rest of Asia exist: trade and supply chain
relationships, capital flows, and tourism.