Regional aircraft manufacturer, ATR’s new 20 year Market Forecast states that turboprops have a key role to play in the expansion of populations, living standards and connectivity for both mature and emerging markets. Turboprops promote community development with links between secondary and tertiary airports as well as regional access into/out of the main hubs. Over the coming 20 years, ATR anticipates an average growth rate in annual regional traffic of around 3.9%, which means 2,800 turboprop aircraft will be needed worldwide. Among those 2,800 aircraft, ATR predicts that 1,000 turboprops (35%) will be replacing older aircraft, keeping the flying fleets
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