Auxiliary Power Units (APU) market report provides a comprehensive overview of current trends and new product development in the global Auxiliary Power Units (APU) market. Featuring global and regional data and over top key players profiles, this report provides the ultimate guide to exploring opportunities in the Auxiliary Power Units (APU) industry internationally.
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About Auxiliary Power Units (APU) Industry
One of the salient features of Aircraft Auxiliary Power Unit (APU) market is the cooperation with downstream aircraft OEM manufactures, which brings more income than the aftersales revenue, for large companies in this industry.
Geographically, the consumption market is leading by North America and Europe, sales in Asia Pacific regions like China and Japan will see significant growth in future period. North America holds the largest market share, with about 1879 Units sold in 2017, followed by Europe, with about 1101 Units sold and 32.44% market share.
Honeywell Aerospace is the leading manufacturer of APUs with more than 42% of APU sales in 2017. Other market leaders include United Technologies, Safran, Jenoptik, Kinetics, Dewey Electronics, The Marvin Group, Aerosila. A number of other companies offer APUs, but these smaller companies often focus on assembly rather than component innovation, and they outsource the manufacturing of parts. The smaller APU companies have limited market share and move frequently into and out of the APU market.
Based on application, the Auxiliary Power Unit (APU) market is segmented into civil/commercial and military, which is further segmented into fixed wing rotary wing, UAV, and military land vehicle. The civil segment is projected to lead the market during the forecast period, owing to the increasing demand for commercial and military fixed wing aircraft. The commercial fixed wing aircraft market is anticipated to increase due to the growing air passenger traffic.
Industry players are developing products sufficing the low fuel consumption needs, powering multiple number of electric systems on aircraft and achieving ecofriendly standards. With the rapid technological advancement and intense competition in the global market players the global Auxiliary Power Unit market is expected to grow at a healthy CAGR in the forecasted period.
The worldwide market for Auxiliary Power Units (APU) is expected to grow at a CAGR of roughly 3.5% over the next five years, will reach 910 million US$ in 2024, from 750 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Auxiliary Power Units (APU) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the Auxiliary Power Units (APU) market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this Auxiliary Power Units (APU) market are:–
- Honeywell Aerospace
The Marvin Group
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Production Analysis: SWOT analysis of major key players of Auxiliary Power Units (APU) industry based on a Strengths, Weaknesses, company’s internal & external environments. …, Opportunities and Threats. . It also includes Production, Revenue, and average product price and market shares of key players. Those data are further drilled down with Manufacturing Base Distribution, Production Area and Product Type. Major points like Competitive Situation and Trends, Concentration Rate Mergers & Acquisitions, Expansion which are vital information to grow/establish a business is also provided.
Application of Auxiliary Power Units (APU) Market are:
Product Segment Analysis of the Auxiliary Power Units (APU) Market is:
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Regions Covered in Auxiliary Power Units (APU) Market are:-
- North and South America
- South Korea
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Scope of Auxiliary Power Units (APU) Market Report:
The Auxiliary Power Units (APU) market report highlights historic and forecasted market size in terms of revenues & unit sales, average selling price, growth rates, and company market shares.
- Highlights and compares key product categories for growth trends and revenue forecast.
- Auxiliary Power Units (APU) Market size, annualized revenue and unit sales for each product category from 2014 to 2024.
- Cross category comparison – Growth and revenue comparison for product categories, historic and forecast through 2024.
- Market share of companies.
- Average selling price ($) for each product type (2014 to 2019).
- Recent Events and Developments
In this study, the years considered to estimate the market size of Auxiliary Power Units (APU) Market are as follows:-
- History Year: 2013-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2024
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No Of Pages in Auxiliary Power Units (APU) Market Report: 118
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