Aircraft Auxiliary Power Unit (APU) Market Report: Researching Growth and Sizing for Competitive Advantage
- Isha Deshpande
- Jun 3, 2024
- 4 min read
The global aircraft Auxiliary Power Unit (APU) market size is expected to reach USD 4.88 Billion in 2032 and register a steady revenue CAGR of 4.2% over the forecast period, according to the latest analysis by Emergen Research. Ongoing technical developments in APUs, including creation of smaller, lighter, and units with better performance and power-to-weight ratios, is a key factor driving market revenue growth. Major companies are concentrating on creating innovative technical solutions to improve their competitiveness in the aviation auxiliary power unit industry. For instance, on 22 June 2023, PBS introduced its latest product, PBS APU SPARK40, which is specifically designed to cater to the needs of medium helicopters, airplanes, and large Unmanned Aerial Vehicles (UAVs). This turbine power unit marks a substantial advancement compared to the previous APU product line from the company. In addition, this unit brings a host of improvements, including doubling the available Alternate Current (AC) power for onboard systems, increasing the volume of pressurized air, reducing weight, enhancing the operating capabilities and reliability, and optimizing the fuel-oil system.
The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
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Competitive Terrain:
The global Aircraft Auxiliary Power Unit (APU) industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Honeywell International Inc.,Hamilton Sundstrand, Aerosila, Kinetics Ltd, Rolls-Royce plc, Safran, Aegis Power Systems, Inc., Pratt & Whitney, PBS Group, a. s. and Jenoptik
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Additional information offered by the report:
Along with a complete overview of the global Aircraft Auxiliary Power Unit (APU) market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Aircraft Auxiliary Power Unit (APU) market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.
Segments Covered in this report are:
Fixed-wing Aircraft
Narrow-body Aircraft
Wide-body Aircraft
Regional Jets
Rotary-wing aircraft
Helicopters
Military Vertical Take-off and Landing (VTOL) Aircraft
Unmanned Aerial Vehicles (UAVs)
Combustion engine APUs
Electric APUs
Fuel cell APUs
Commercial
Military
Fighter Jets
Transport Aircraft
Reconnaissance Aircraft
General aviation
Radical Highlights of the Aircraft Auxiliary Power Unit (APU) Market Report:
Comprehensive overview of the Aircraft Auxiliary Power Unit (APU) market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Aircraft Auxiliary Power Unit (APU) market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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