Aircraft Auxiliary Power Unit Market Overview
The global Aircraft Auxiliary Power Unit market is expected to grow at a sound pace in the times to follow. Growing demand for specific parts and components, such as auxiliary power units (APUs) for aircraft, is driving demand from both the defense and commercial sectors. In the years ahead, the requirement to produce aircraft with great fuel efficiency, low noise, and low carbon emissions may stimulate R&D in APU technologies. The development of all-electric APUs has accelerated in recent years as aircraft architecture has become increasingly electric. The advantages of using these electric APUs may present the market with further growth prospects in the years ahead.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Application, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Honeywell International Inc., Aerosila, United Technologies Corporation, Technodinamika, Safran SA. |
Covid-19 Impact on Aircraft Auxiliary Power Unit Market
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Aircraft Auxiliary Power Unit Market Segment Overview
In terms of application, the Commercial is one of the largest segments in the global Aircraft Auxiliary Power Unit market. Although the sales of general aviation aircraft are higher, the cost of each commercial aircraft APU is more compared to the general aviation aircraft. Two commercial aerospace giants, Airbus and Boeing, recorded a higher number of aircraft deliveries in 2018. Therefore, the high number of orders for commercial aircraft is helping the market for commercial aircraft APUs. Besides this, a higher growth rate is expected to occur in the general aviation segment. General aviation aircraft shipments are anticipated to rise their pace in the years to come.
Aircraft Auxiliary Power Unit Market, By Application
- Commercial
- Narrow-body Aircraft
- Wide-body Aircraft
- Regional Jet
- Military
- General Aviation
Aircraft Auxiliary Power Unit Market Regional Overview
Geographically, the market for APUs in the Asia-Pacific area is expected to increase at a healthy rate during the forecast period, thanks to the high demand for new aircraft in the region. The aviation market in this region is growing at the fastest rate. China, India, Japan, Australia, and Indonesia are among the world's most populous aviation markets. As a result, airlines are preparing to purchase a large number of aircraft to meet the demand generated by the region's growing passenger population. All of these factors are projected to increase demand for aircraft APUs in the region in the future years.
Aircraft Auxiliary Power Unit Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Aircraft Auxiliary Power Unit Market, Key Players
· Honeywell International Inc.
· Aerosila
· United Technologies Corporation
· Technodinamika
· Safran SA
Frequently Asked Questions (FAQ) :
Q1. Which are the parts of the Application segment in the Aircraft Auxiliary Power Unit market?
Commercial, Military, General Aviation are parts of the Application segment in the Aircraft Auxiliary Power Unit market.
Q2. Which Segments are covered in the Aircraft Auxiliary Power Unit Market report?
Application, and Region. these segments are covered in the Aircraft Auxiliary Power Unit market report.
Q3. Which segment is projected to hold the largest share in the Aircraft Auxiliary Power Unit Market?
Commercial segment is projected to hold the largest share in the Aircraft Auxiliary Power Unit Market.
Q4. Which region holds the largest share in the Aircraft Auxiliary Power Unit market?
the Asia Pacific held the largest share in the global Aircraft Auxiliary Power Unit market.
Q5. Which are the prominent players in the Aircraft Auxiliary Power Unit Market?
Honeywell International Inc., Aerosila, United Technologies Corporation, Technodinamika, Safran SA. are some key players in the Aircraft Auxiliary Power Unit Market
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Aircraft Auxiliary Power Unit Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Application
- 5.2.1. Commercial
- 5.2.1.1. Narrow-body Aircraft
- 5.2.1.2. Wide-body Aircraft
- 5.2.1.3. Regional Jet
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. Asia Pacific
- 5.3.4. Latin America, Middle East and Africa
6. North America Aircraft Auxiliary Power Unit Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.1.1. Commercial
- 6.1.1.1. Narrow-body Aircraft
- 6.1.1.2. Wide-body Aircraft
- 6.1.1.3. Regional Jet
- 6.2.1. U.S.
- 6.2.2. Canada
7. Europe Aircraft Auxiliary Power Unit Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.1.1. Commercial
- 7.1.1.1. Narrow-body Aircraft
- 7.1.1.2. Wide-body Aircraft
- 7.1.1.3. Regional Jet
- 7.2.1. UK
- 7.2.2. Germany
- 7.2.3. France
- 7.2.4. Italy
- 7.2.5. Spain
- 7.2.6. Russia
- 7.2.7. Rest of Europe
8. Asia Pacific Aircraft Auxiliary Power Unit Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.1.1. Commercial
- 8.1.1.1. Narrow-body Aircraft
- 8.1.1.2. Wide-body Aircraft
- 8.1.1.3. Regional Jet
- 8.2.1. China
- 8.2.2. India
- 8.2.3. Japan
- 8.2.4. Australia
- 8.2.5. South East Asia
- 8.2.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Aircraft Auxiliary Power Unit Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.1.1. Commercial
- 9.1.1.1. Narrow-body Aircraft
- 9.1.1.2. Wide-body Aircraft
- 9.1.1.3. Regional Jet
- 9.2.1. Brazil
- 9.2.2. Saudi Arabia
- 9.2.3. UAE
- 9.2.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Honeywell International Inc.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Aerosila
- 10.6. United Technologies Corporation
- 10.7. Technodinamika
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
