What is happening in Australia and NZ rotorcraft industries as COVID slowly fades - and what is their relationship with Asia-Pacific (APAC) nations. Part 1 of 3.
Source: Rotorcraft Asia-Pacific e-News – 23 Apr ’21.
Researchers noted in December 2020 that looking ahead to 2021 and beyond the post COVID-19 recovery era, there were enormous rotorcraft business opportunities in the Asia-Pacific (APAC) Region for Australian and New Zealand businesses interests located in a region where past predicated growth rates has always exceeded other global regions.
APAC comprises a collection of around 21 countries located in or near the Western Pacific Ocean. This includes Japan, East and South Asia, Southeast Asia, and Oceania. China is the largest country by area, followed by Australia, India, Indonesia, and Mongolia. The smallest country by size is Macau.
The region is home to some of the most populous countries. China has the largest population in APAC (and the world), with 1.44 billion people (UN). India follows closely, with 1.38 billion. The third-most populous country in the region and the fourth-most populous in the world, is our close neighbour Indonesia, with over 276 million people. The smallest by population is the British Indian Ocean Territory, which has just 3,000 people.
Industry commentators often ask for more precise figures on the helicopter industry in APAC. Data released at the Singapore Airshow in February 2020. Showed there an estimated 6,600 helicopters in the region. The Australian and New Zealand helicopter figures were a surprise to many as the combined population of both is almost 30 million. They operate more than 3,300 helicopters. About one half of the number in APAC.
More in next two updates, Editor.