Global Aircraft Auxiliary Power Unit Market 2024-2028
The aircraft auxiliary power unit market is forecasted to grow by USD 542.3 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the aircraft auxiliary power unit market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of military aircraft, increasing demand for commercial aircraft, and upgrade programs for aircraft fleet.
Technavio's aircraft auxiliary power unit market is segmented as below:
By Application
- Commercial
- Military
- General aviation
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the emergence of hydrazine-powered emergency power units as one of the prime reasons driving the aircraft auxiliary power unit market growth during the next few years. Also, development of mobile APUs and launch of advanced products will lead to sizable demand in the market.
The report on the aircraft auxiliary power unit market covers the following areas:
- Aircraft auxiliary power unit market sizing
- Aircraft auxiliary power unit market forecast
- Aircraft auxiliary power unit market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aircraft auxiliary power unit market vendors that include Aegis Power Systems Inc., Aerosila, General Electric Co., Honeywell International Inc., Liebherr International Deutschland GmbH, Northstar Aerospace, PBS Group AS, Pratt and Whitney, RTX Corp., and Safran SA. Also, the aircraft auxiliary power unit market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.