Rolls-Royce increases forecast for global turbine helicopter market

Thursday, 1 March 2007

Rolls-Royce, the world-leading provider of power systems and services, today released its annual ten-year forecast of worldwide turbine helicopter deliveries. The Rolls-Royce forecast projects a total of 15,038 turbine helicopters, valued at $144 billion for the airframe, and $15.0 billion for the engines, will be delivered during the 2007-2016 period.

Scott Crislip, President - Helicopter and Small Gas Turbine Engines for Rolls-Royce, said the figures have increased over last year's forecast, due to a significant number of new military requirements that have surfaced over the past year, along with increased opportunities in emerging markets such as India, Russia and China.

A total of 8,943 military helicopter deliveries and major engine-related upgrades are expected during the 10-year period, with an airframe value of $120.0 billion and installed engine value of $11.4 billion. Approximately 45 percent of all units delivered will be multi-engine medium rotorcraft, primarily troop transport and maritime patrol, with 18 percent being intermediate twins, such as light attack and tactical utility helicopters, and 18 percent being single-engine aircraft such as armed reconnaissance helicopters.

The civil forecast remains stable when compared to the previous projection. A total of 6,095 civil helicopters is expected to be delivered during the period, with an overall airframe value of $24 billion and engine value of $3.6 billion. Scott Crislip said that this stability reflects the long-term health of the civil helicopter market, with anticipated new product introduction towards the end of the decade bolstered by strong near-term paramilitary demand from law enforcement agencies.

The civil market will be dominated by single-engine helicopters, accounting for 41 percent of deliveries, and light twins with 40 percent. Growth is expected to be stable, from a low of 555 units this year to a peak of 689 in 2016. Scott Crislip said: “The market is recognizing the increasing value and utility of the helicopter in a variety of different roles. Rolls-Royce is well-positioned in these high value areas with engines in service with most of the leading airframers and is the leading provider of propulsion systems and services for these high-value light, medium and heavy-lift helicopters.”

  1. Rolls-Royce, the world-leading provider of power systems and services for use on land, at sea and in the air, operates in four global markets - civil aerospace, defence aerospace, marine and energy.
  2. It continues to invest in core technologies, products, people and capabilities with the objective of broadening and strengthening the product portfolio, improving efficiency and enhancing the environmental performance of its products. These investments create high barriers to entry.
  3. The success of its products is demonstrated by rapid and substantial gains in market share. The company now has a total of 54,000 gas turbines in service worldwide and they generate a demand for high-value services throughout their operational lives.
  4. Rolls-Royce has a broad customer base comprising 600 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 2,000 marine customers including 70 navies, and energy customers in 120 countries. Rolls-Royce is a technology leader, employing 38,000 people in offices, manufacturing and service facilities in 50 countries.

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