What is Global Aircraft Auxiliary Power Unit (APU) Market?
The Global Aircraft Auxiliary Power Unit (APU) Market is a comprehensive study of the various aspects of the APU industry on a global scale. The APU is a device that provides energy for functions other than propulsion, primarily on aircraft. They are used to power aircraft systems on the ground, to start the main engines, and as a backup power source during flight. The market for these units is vast and varied, with applications in both civil and military aircraft. The market's value was pegged at US$ 1275.1 million in 2022 and is projected to reach US$ 1694.9 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.1% from 2023 to 2029.
Battery Power, Electric Ground Power in the Global Aircraft Auxiliary Power Unit (APU) Market:
The Global Aircraft Auxiliary Power Unit (APU) Market is dominated by battery power and electric ground power units. Battery power units are typically used in smaller aircraft, providing power for essential systems when the main engines are not running. Electric ground power units, on the other hand, are used to power aircraft systems while the aircraft is on the ground, reducing the need for the main engines to be running, thus saving fuel and reducing emissions. These units are becoming increasingly popular as the aviation industry seeks to become more environmentally friendly.
Civil, Military in the Global Aircraft Auxiliary Power Unit (APU) Market:
The use of APUs is widespread in both civil and military aviation. In the civil sector, they are used in commercial airliners, business jets, and general aviation aircraft. They provide power for systems such as air conditioning, electrical power for the cockpit and cabin, and hydraulic power for the aircraft's control surfaces. In the military sector, APUs are used in a similar manner, but they also have additional uses. They can provide power for weapon systems, radar, and other electronic systems. They are also used in larger military aircraft to start the main engines.
Global Aircraft Auxiliary Power Unit (APU) Market Outlook:
The market outlook for the Global Aircraft Auxiliary Power Unit (APU) Market is positive. The market was valued at US$ 1275.1 million in 2022 and is expected to grow to US$ 1694.9 million by 2029, a CAGR of 4.1% during the forecast period of 2023-2029. The market is dominated by the top three manufacturers, who collectively hold more than 50% of the market share. North America is the largest market for APUs, accounting for about 40% of the global market. Europe follows closely behind, holding just under 40% of the market.
| Report Metric | Details |
| Report Name | Aircraft Auxiliary Power Unit (APU) Market |
| Accounted market size in 2023 | US$ 1331.8 million |
| Forecasted market size in 2029 | US$ 1694.9 million |
| CAGR | 4.1 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | Honeywell Aerospace, Pratt & Whitney, Aerosila, Safran, PBS Velka Bites, Technodinamika |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
