Steam Turbines Adapt to the Changing Power-Generating Landscape

by Carter Palmer, Power Systems Specialist, Forecast International.

Steam Turbine Production at LMZ.

Steam turbines have been the cornerstone of electrical power production since the late 19th century. Found to be more efficient than reciprocating engines, the steam turbine helped usher in a modern age. Utilizing steam gives the turbine flexibility in the fuel used to produce that steam. Anything that can burn is basically a candidate; however, lately the fuels themselves have become questionable. Countries around the world have been struggling to mitigate the burning of potentially eco-unfriendly fuels to create energy. So what is to become of the highly efficient steam turbine? Continue reading

Forecast International Predicts $4.15 Trillion Large Jetliner Market Over 15 Years

by Ray Jaworowski, Senior Aerospace Analyst, Forecast International.

Boeing and China Aircraft Leasing Group (CALC) announced an order for 50 737 MAX airplanes at the 2017 Paris Air Show. Source: Boeing

According to projections from Forecast International’s Platinum Forecast System® 3.1, a total of 26,210 large commercial jetliners will be produced in the 15-year period from 2017 through 2031.  The value of this production is estimated at $4.15 trillion in constant 2017 U.S. dollars. Continue reading

General Electric to Dominate Industrial Power Market

By Stuart Slade, Gas Turbine Systems Analyst, Forecast International.

Industrial & Marine Gas and Steam Turbines Market Share. Source: FI’s Platinum Forecast System

According to FI’s Platinum Forecast System, GE has clearly moved into the dominant world position in the production of industrial & marine gas and steam turbines.  As shown in the pie chart, GE Energy, with plants in Cincinnati (Ohio), Erie (Pennsylvania), Schenectady (New York), and Atlanta (Georgia), will capture 33.76 percent of the world market, valued at over $113.6 billion, during the 2017-2031 period.  In addition, subsidiaries in France, Italy, and Japan will contribute about 3 percent of production, bringing the overall share of GE up to almost 37 percent of the world market.   Continue reading

Airbus, Boeing Report May 2017 Commercial Aircraft Orders and Deliveries

Airbus Orders Picking Up Pace as Boeing Delivers First 737 MAX

by J. Kasper Oestergaard, European Correspondent.

On May 16, 2017, Boeing delivered its newest narrowbody jet, the 737 MAX 8, to Malaysia-based Malindo Air (Batik Air Malaysia), which will be the first customer to put the MAX into commercial service.
Photo Courtesy The Boeing Company

Boeing and Airbus delivered 56 and 60 commercial jets in May 2017, respectively, compared to 71 and 57 during the same month last year. This year to date, Boeing has delivered 277 jets (301 at the same time last year), while Airbus has delivered 242 jets (234 in 2016). In 2016, Boeing delivered 748 jets (762 in 2015), in line with company expectations, while Airbus surpassed its delivery target of 650 jets by handing over 688 jets during 2016 (635 in 2015). Continue reading

Headwinds are Building Against Future Growth in Mexican Defense Spending

by Bill Ostrove, International Military Markets Analyst, Forecast International.

Mexico Army paratroopers. Image: Wikipedia.

The fight against drug cartels and organized crime remains the primary driver of defense spending by Mexico. Since 2006, the nation’s military has worked closely with national and local police to combat trafficking networks and organized criminal groups.  As Mexico’s economy has improved and operations against drug cartels have continued, defense spending has steadily increased. Continue reading

World General Aviation Aircraft Market off to a Mixed Start as Revenues Slump

U.S. Manufacturers Delivered 311 Aircraft in Q1 2017 – up 32 from 2016

by J. Kasper Oestergaard, European Correspondent.

The Cirrus SR22 (piston) was the best-selling general aviation aircraft worldwide in Q1 2017 with 25 units delivered – up from 20 in Q1 2016. Photo Courtesy: Cirrus Aircraft.

According to the General Aviation Manufacturers Association (GAMA), the first quarter of 2017 showed mixed results for the industry – with several bright spots appearing. Fixed-wing general aviation aircraft manufacturers delivered 434 aircraft worldwide, up 2.8 percent  from 422 in the Q1 2016. However,  revenues declined as much as 10.9 percent  (to $3.6 billion), due to increased competition and lower prices. Continue reading

Airbus, Boeing April 2017 Aircraft Orders and Deliveries Disappoint

Both Orders and Deliveries Disappoint as Boeing Debuts 737 MAX 9

by J. Kasper Oestergaard, European Correspondent.

On April 13, 2017, Boeing’s 737 MAX 9 narrowbody jet made its first flight. Deliveries are expected to commence in 2018. Boeing is also considering a larger 737 MAX 10 variant to take on the Airbus A321neo, which has been outselling the 737 MAX 9.
Photo: Courtesy The Boeing Co

Boeing and Airbus delivered 52 and 46 commercial jets in April 2017, respectively, compared to 54 and 52 during the same month last year. This year to date, Boeing has delivered 221 jets (vs. 230 at this point last year), while Airbus has delivered 182 (177 in 2016). In 2016, Boeing delivered 748 jets (762 in 2015), in line with company expectations, while Airbus surpassed its delivery target of 650 jets by handing over 688 jets during 2016 (635 in 2015). Continue reading

Airbus and Boeing: March Orders and Deliveries In; Healthy Backlogs Going Forward

Boeing 737 MAX Orders Rolling in as Airbus Order Drought Persists

by J. Kasper Oestergaard, European Correspondent.

On March 13, 2017, Boeing and CDB Aviation Lease Finance (CDB Aviation) announced an order for 30 737 MAX 8 airplanes. Photo Courtesy: The Boeing Co.

Boeing and Airbus delivered 74 and 62 commercial jets in March 2017, respectively, compared to 71 and 57 during the same month last year. Year to date, Boeing has delivered 169 jets (176 by the same time last year), while Airbus has delivered 136 jets (125 in 2016). In 2016, Boeing delivered 748 jets (762 in 2015) in line with company expectations, while Airbus surpassed its delivery target of 650 jets by handing over 688 jets during 2016 (635 in 2015). Continue reading

Accelerating the SmallSat Propulsion Market: Interview with Accion Systems CEO Natalya Bailey

by Bill Ostrove, Space Systems Analyst, Forecast International.

The ion Electrospray Propulsion System (iEPS) for CubeSats is shown here next to a US quarter for scale

Accion Systems is developing an electric propulsion system for small satellites. As the number of small satellites built and launched increases each year, Accion sees a growing opportunity for propulsion systems to guide those spacecraft once they reach orbit around Earth.

Continue reading

Launch Vehicle Flexibility Increasingly Important

by Bill Ostrove, Space Systems Analyst, Forecast International.

Proton launching ExoMars. Source: : ESA–Stephane Corvaja, 2016

International Launch Services (ILS) recently announced that it will introduce a new Proton launch vehicle variant with a larger payload fairing – a clear sign that flexibility is now a key differentiator in the launch vehicle market.[i] Continue reading