Boeing: Air Cargo Traffic to Double by 2043 as Emerging Markets Drive Growth
Boeing [NYSE: BA] projects air cargo traffic to grow by 4% annually through 2043, with the global air cargo fleet expected to increase by two-thirds from 2,340 to 3,900 airplanes. The company's 2024 World Air Cargo Forecast predicts that East and South Asian markets will lead growth, with the Asia-Pacific fleet nearly tripling. The forecast includes 2,845 freighter deliveries between 2024-2043, comprising 1,005 production and 1,840 conversions. Express carriers are expected to increase their market share from 18% to 25%, driven by e-commerce growth. India's domestic air cargo market is projected to quadruple due to expanding express and e-commerce networks.
Boeing [NYSE: BA] prevede che il traffico delle merci aeree crescerà del 4% annuo fino al 2043, con la flotta globale di cargo aereo che dovrebbe aumentare di due terzi, passando da 2.340 a 3.900 aerei. La previsione del World Air Cargo Forecast 2024 dell'azienda indica che i mercati dell'Asia orientale e meridionale guideranno la crescita, con la flotta dell'Asia-Pacifico che quasi triplicherà. La previsione include 2.845 consegne di aerei cargo tra il 2024 e il 2043, comprendendo 1.005 aerei di produzione e 1.840 conversioni. Si prevede che i corrieri espressi aumenteranno la loro quota di mercato dal 18% al 25%, spinti dalla crescita dell'e-commerce. Si stima che il mercato aereo domestico delle merci in India quadrupli grazie all'espansione delle reti espressive e dell'e-commerce.
Boeing [NYSE: BA] proyecta que el tráfico de carga aérea crecerá un 4% anual hasta 2043, con la flota global de carga aérea que se espera que aumente en dos tercios, de 2,340 a 3,900 aviones. El pronóstico de la World Air Cargo Forecast 2024 de la compañía prevé que los mercados de Asia Oriental y del Sur liderarán el crecimiento, con la flota de Asia-Pacífico casi triplicándose. La previsión incluye 2,845 entregas de cargueros entre 2024 y 2043, que comprende 1,005 producciones y 1,840 conversiones. Se espera que los transportistas exprés aumenten su cuota de mercado del 18% al 25%, impulsados por el crecimiento del comercio electrónico. Se estima que el mercado de carga aérea doméstica de India se cuadruplicará debido a la expansión de las redes exprés y de comercio electrónico.
보잉 [NYSE: BA]은 항공 화물 운송이 2043년까지 매년 4% 성장할 것으로 예상하며, 글로벌 항공 화물 단제가 2,340대에서 3,900대로 3분의 2 증가할 것으로 내다보고 있습니다. 회사의 2024 세계 항공 화물 예측에 따르면 동아시아 및 남아시아 시장이 성장을 주도할 것이며, 아시아-태평양 지역의 항공기 수도 거의 3배 증가할 것입니다. 이 예측에는 2024년부터 2043년까지 2,845대의 화물기 인도가 포함되어 있으며, 생산 1,005대와 변환 1,840대를 포함합니다. 익스프레스 운송업체들은 전자상거래의 성장에 힘입어 시장 점유율을 18%에서 25%로 증가시킬 것으로 예상됩니다. 인도의 국내 항공 화물 시장은 익스프레스 및 전자상거래 네트워크의 확장으로 인해 4배 증가할 것으로 예상됩니다.
Boeing [NYSE: BA] prévoit que le trafic de fret aérien augmentera de 4% par an jusqu'en 2043, la flotte mondiale de fret aérien devant augmenter de deux tiers, passant de 2 340 à 3 900 avions. Les prévisions de la World Air Cargo Forecast 2024 de l'entreprise annoncent que les marchés d'Asie de l'Est et du Sud seront à la tête de la croissance, avec une presque multiplication par trois de la flotte Asie-Pacifique. Les prévisions incluent 2 845 livraisons de cargos entre 2024 et 2043, comprenant 1 005 productions et 1 840 conversions. On s'attend à ce que les transporteurs express augmentent leur part de marché de 18 % à 25 %, soutenus par la croissance de l'e-commerce. Le marché intérieur du fret aérien en Inde devrait quadrupler grâce à l'expansion des réseaux express et d'e-commerce.
Boeing [NYSE: BA] prognostiziert, dass der Luftfrachtverkehr bis 2043 jährlich um 4% wachsen wird, wobei die globale Luftfrachtflotte voraussichtlich um zwei Drittel von 2.340 auf 3.900 Flugzeuge zunehmen wird. Die Prognose der World Air Cargo Forecast 2024 des Unternehmens sagt voraus, dass die Märkte in Ost- und Südasien das Wachstum anführen werden, wobei die Asien-Pazifik-Flotte fast dreimal so groß werden soll. Die Prognose umfasst 2.845 Lieferungen von Frachtflugzeugen zwischen 2024 und 2043, darunter 1.005 Produktions- und 1.840 Umrüstungen. Es wird erwartet, dass Expressdienstleister ihren Marktanteil von 18% auf 25% erhöhen, unterstützt durch das Wachstum des E-Commerce. Der binnenländische Luftfrachtmarkt Indiens wird voraussichtlich aufgrund der Expansion von Express- und E-Commerce-Netzwerken um das Vierfache steigen.
- Projected 4% annual growth in air cargo traffic through 2043
- Global air cargo fleet expected to increase by 66% by 2043
- Forecast of 2,845 freighter deliveries through 2043
- Express carriers' market share projected to grow from 18% to 25%
- Strong growth potential in Asian markets with fleet nearly tripling
- Aging fleet requiring significant replacement investment
- Heavy dependence on emerging markets performance for growth targets
Insights
Boeing's latest cargo forecast reveals significant market expansion opportunities. The projected
The forecast highlights two key growth drivers: Asia-Pacific's dominance requiring 980 deliveries and North America following with 955 deliveries. India's domestic market quadrupling and express carriers' market share increasing from
The anticipated demand for 2,845 freighter deliveries, split between 1,005 new production and 1,840 conversions, positions Boeing favorably in both manufacturing and conversion services. This sustained demand could provide steady revenue streams and maintain Boeing's market leadership in the cargo aircraft segment.
"As the quickest and most reliable way to move goods, air cargo's sustained growth has returned the industry to its long-term trend," said Darren Hulst, Boeing vice president of Commercial Marketing. "There will be many drivers for continued freighter demand over the next 20 years, including expansion of emerging markets and global growth in manufacturing and e-commerce."
Further insight from the 2024 WACF:
- The global air cargo fleet is forecast to rise to 3,900 airplanes by 2043, a two-thirds increase from 2,340 freighters in 2023.
- Driven by demand in high-growth Asian markets, the large widebody freighter fleet will nearly double.
- Nearly half of production and conversion deliveries will replace retiring freighters with more capable and fuel-efficient models — due to recent market needs, many older jets remain in service.
Regional movers:
- East and South Asian markets will see the highest traffic growth per year, driven by expanding economies and consumer demand.
- With the
Asia-Pacific fleet expected to nearly triple, carriers in that region will require the most deliveries (980), followed closely byNorth America (955). These two regions will account for more than two-thirds of global deliveries. India's domestic air cargo market will nearly quadruple as express and e-commerce networks expand.
Express carriers forecast:
- Express carriers will serve one quarter of the air cargo market (up from current
18% ). - Express carriers are poised to grow faster than the industry average due to an increasing role in e-commerce distribution and the expansion of express networks in emerging markets.
By the numbers:
Freighter deliveries (2024-2043) | 2,845 |
Production | 1,005 |
Conversions | 1,840 |
Delivery types | |
Standard-body | 1,250 |
Medium widebody | 785 |
Large widebody | 810 |
The complete 2024 World Air Cargo Forecast can be found at www.boeing.com/wacf.
As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top
Contact:
Boeing Media Relations
media@boeing.com
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SOURCE Boeing
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