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ust days before the opening of the Paris Air Show, Boeing has forecast a demand for more 38,000 new airplanes over the next 20 years.

The U.S. manufacturer says that is an increase of 3.5 per cent from last year’s forecast.

Boeing’s annual Current Market Outlook estimates the total value of those new airplanes at $5.6 trillion.

“The commercial airplane market continues to be strong and resilient,” said Randy Tinseth, vice-president of marketing at Boeing Commercial Airplanes.

“As we look forward, we expect the market to continue to grow and the demand for new aircraft to be robust.”

InfoBy the end of the forecast period, the commercial airplane fleet will double, from 21,600 airplanes in 2014 to 43,560 airplanes in 2034, Boeing said.

“Fifty-eight per cent of the 38,050 airplanes delivered over that time will be to accommodate growth,” it added.

According to Boeing, the single-aisle market continues to be the fastest-growing, requiring nearly 27,00 airplanes over the coming two decades.

“These aircraft are the foundation of the world’s airline fleet, carrying up to 75 per cent of passengers on more than 70 per cent of the world’s commercial aviation routes,” the forecast noted.

“This sector is fuelled by growth in low-cost carriers and airlines in developing and emerging markets.”

As for widebody aircraft, Boeing says the segment will require about 9,000 new airplanes, led by airplanes in the 200- to 300-seat range.

The week-long Paris Air Show opens in Le Bourge next Monday.

The infographic is courtesy of Boeing

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