Aircraft Auxiliary Power Unit Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Aircraft Auxiliary Power Unit Market covers analysis By Platform (Military Aircraft, Commercial Aircraft); Aircraft Type (Fixed Wing, Rotary Wing, UAV) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPAD00002469
  • Category : Aerospace and Defense
  • Status : Upcoming
  • No. of Pages : 150
Buy Now

MARKET OVERVIEW

Aircraft auxiliary power unit is a device which deliver energy for many purposes except thrust force for engine. The principal function of the aircraft APU is providing power for starting the main engines of an aircraft. the smaller jet engines are usually given a preliminary propulsion with an electric motor, whereas larger engines are mostly propelled with the help of air turbine motor. Some of the major driver which fuels the aircraft auxiliary power unit market in the forecast period are the mounting air travel, fuel economy, and development of a quieter APU globally.

MARKET SCOPE

The "Global Aircraft Auxiliary Power Unit Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of Aircraft Auxiliary Power Unit market with detailed market segmentation by Platform, Aircraft type, and geography. The global aircraft auxiliary power unit market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aircraft auxiliary power unit market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION

  •   On the basis of Platform, the market is segmented into Military Aircraft, and Commercial Aircraft.
  •   Based on Aircraft Type, the market is segmented into Fixed Wing, Rotary Wing, and UAV.

MARKET DYNAMICS
Drivers:

  •   mounting technological advancements in auxiliary power unit products
  •   requirement of additional power
  •   growing need for electric aircraft to expand its reach across various region
    Restraint -
  •   Defense budget cuts and requirement of skilled workforce

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The aircraft auxiliary power unit market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porters five force analysis highlighting factors factors effecting the aircraft auxiliary power unit market in these regions.

IMPACT OF COVID-19 ON AIRCRAFT AUXILIARY POWER UNIT MARKET
COVID-19 severely impacted the aviation industry by the end of 2021 as there were several travel bans and other lockdown-related restrictions imposed across the globe. The impact of the pandemic extends to all segments of the aviation and aerospace industry, including aircraft auxiliary power unit manufacturers. As a result of travel restrictions and economic slowdown due to the pandemic and the consequent fall in demand, airlines have been focusing on reducing costs and expenses, including cutting back on MRO spending. Due to the long duration of parked aircraft, there will be an accelerated rate of aircraft retirements and more efficient and advanced aircraft deployment. Since more maintenance is required by aircraft as they age, the replacement of older aircraft by new ones is positively affecting the aircraft auxiliary power unit market.

Aircraft Auxiliary Power Unit Market Report Analysis

Aircraft Auxiliary Power Unit Market
  • CAGR
    CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Elbit Systems
  • Raytheon Technologies
  • Honeywell Inc.
  • Technodinamika
  • The Marvin Group
  • Dewey Electronics Corporation
  • START PAC
  • Safran Power Units
  • PBS Aerospace

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market Segment By Platform
  • Military Aircraft
  • Commercial Aircraft
Market Segment By Aircraft Type
  • Fixed Wing
  • Rotary Wing
  • UAV
MARKET PLAYERS


The reports cover key developments in the Aircraft Auxiliary Power Unit market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from aircraft auxiliary power unit market are anticipated to lucrative growth opportunities in the future with the rising demand for Aircraft Auxiliary Power Unit market. Below mentioned is the list of few companies engaged in the aircraft auxiliary power unit market.

The report also includes the profiles of key aircraft auxiliary power unit market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •   Elbit Systems
  •   Raytheon Technologies
  •   Honeywell Inc.
  •   Technodinamika
  •   The Marvin Group
  •   Dewey Electronics Corporation
  •   START PAC
  •   Safran Power Units
  •   PBS Aerospace
  •   Lufthansa Technik

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Aircraft Auxiliary Power Unit Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Platform
  • Military Aircraft
  • Commercial Aircraft
By Aircraft Type
  • Fixed Wing
  • Rotary Wing
  • UAV
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Elbit Systems
  • Raytheon Technologies
  • Honeywell Inc.
  • Technodinamika
  • The Marvin Group
  • Dewey Electronics Corporation
  • START PAC
  • Safran Power Units
  • PBS Aerospace
    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

    This text is related
    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

    This text is related
    to country scope.

    Trends and growth analysis reports related to Aerospace and Defense : READ MORE..   

    The List of Companies

    1. Elbit Systems
    2. Raytheon Technologies
    3. Honeywell Inc.
    4. Technodinamika
    5. The Marvin Group
    6. Dewey Electronics Corporation
    7. START PAC
    8. Safran Power Units
    9. PBS Aerospace
    10. Lufthansa Technik