Understanding what is meant by APAC in relation to Australia and New Zealand’s rotorcraft interests
Looking ahead to 2021 and beyond COVID-19, there are enormous rotorcraft business opportunities in the Asia-Pacific (APAC) region for Australian and New Zealand businesses with interests located in a region where past predicated growth rates 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, south-east Asia, and Oceania. China is the largest country by area, followed by Australia, India, Indonesia, and Mongolia. The smallest country by area is Macau. The region is home to some of the most populous countries. China has the largest population in APAC (and the world), with about 1.44 billion people. 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 273.5 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 shows there are an estimated 6,000 turbine engined helicopters in the region. The Australian and New Zealand helicopter figures were a surprise to many as these two countries with a combined population of only 30 million have more than 3,200 helicopters in an area encompassing India, Indonesia, Malaysia, China, Japan, and across to the Philippines; to name a few.
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