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Boeing projects demand for more than 41,000 new airplanes by 2041

Adam GavineBy Adam GavineJuly 21, 20223 Mins Read
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As demand for international air travel rebounds post-pandemic, and with strong recovery ongoing in many domestic markets, Boeing has projected demand for more than 41,000 new airplanes through 2041, underscoring the resilience of the aviation industry. This is also great news for the aircraft interiors industry, as those 41,000 aircraft will require everything from sidewalls to seats, IFE to carpets, lavatories to galleys, and much more.

Boeing’s 2022 Commercial Market Outlook (CMO) forecasts a market value of US$7.2 trillion for new airplane deliveries through 2041, with the global fleet increasing by 80% compared to 2019’s pre-pandemic levels. Approximately half of the passenger jet deliveries in the period will replace today’s models, improving the global fleet’s fuel efficiency and sustainability.

In addition, Boeing Global Services forecasts some US$3.6 trillion in demand in its market segments by 2041, including strong demand for maintenance and modifications such as converted freighters; digital solutions that increase efficiency and reduce cost; and effective training to enable the supply of pilots and technicians.

“Despite the unprecedented disruption over the past two years, the aviation industry has shown incredible resilience adapting to the challenge,” said Ihssane Mounir, Boeing’s senior vice president of commercial sales and marketing. “The 2022 CMO draws upon our expertise forecasting market trends to demonstrate the strong demand for new airplanes and related services in the coming decades, providing a waypoint as the industry continues to navigate its recovery.”

The 2022 CMO includes these regional projections over the next 20 years:

  • Continuing their strong growth trends, Asian markets account for roughly 40% of long-term global demand for new airplanes. Europe and North America each account for just over 20% of demand, with 15% of deliveries going to other regions.
  • South Asia’s fleet continues to lead global growth, at 6.2% annually. Led by India, the region’s fleet will nearly quadruple, from 700 airplanes in 2019 to more than 2,600 airplanes through 2041. Southeast Asia is projected to see the second-fastest growth, with a near-tripling of its commercial fleet to 4,500 airplanes.
  • This year’s CMO does not include a forecast for airplane deliveries to Russia due to sanctions against aircraft exports. This change reduces global 20-year demand by about 1,500 airplanes compared to last year’s CMO.
  • Single-aisle airplanes will account for 75% of all new deliveries, unchanged from last year’s CMO, and totalling nearly 31,000 airplanes. Through 2041, new widebody airplanes will account for around 18% of deliveries, at more than 7,200 airplanes, enabling airlines to serve new and existing markets, passenger and cargo, more efficiently.
  • The CMO also predicts continued robust demand for dedicated freighters to support global supply chains and growing express networks. Boeing says that carriers will need 2,800 additional freighters overall, including 940 new widebody models in addition to converted narrowbody and widebody freighters over the forecast period.
New deliveries (2022-2041)
Regional jets 2,120
Single-aisle aircraft 30,880
Widebody aircraft 7,230
Freighters 940
Total 41,170

The full CMO can be accessed HERE.

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Adam Gavine
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Adam loves air travel, and since taking on the Aircraft Interiors International brand he has really enjoyed the opportunity to be involved with the latest aircraft and airline products before they are even launched. Adam co-ordinates the growth of the brand platform, and sits on various panels, including the Crystal Cabin Awards

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