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Aircraft Auxiliary Power Unit Market to 2023 (5.3% CAGR Expected) Top Player Profiles – Honeywell Aerospace, Pratt & Whitney, Aerosila, Safran, PBS Velka Bites, Technodinamika and More
Auxiliary Power Units (APUs) are gas turbine engines used primarily during aircraft ground operation to provide electricity, compressed air, and/or shaft power for main engine start, air conditioning, electric power and other aircraft systems. APUs can also provide backup electric power during in-flight operation.
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The aircraft APU provides power to start the main engines. Turbine engines compressors must be turned to a significant speed for self-sustaining operation. Before the engines are to be turned, the APU is started, generally by a battery or hydraulic accumulator. Once the APU is running, it provides power (electric, pneumatic, or hydraulic, depending on the design) to start the aircraft's main engines.
Geographically, the consumption market is leading by North America and Europe, sales in Asia Pacific regions like China, Japan, Southeast Asia and India will see significant growth in future period. North America holds the largest market share, with about 1264 Units sold in 2017, followed by Europe, with about 38.45% market share.
Honeywell Aerospace and Pratt & Whitney are the biggest two players in Aircraft Auxiliary Power Unit (APU) market, with about 25.03% and 15.56% output market share separately in 2017. Other leading market players in Aircraft Auxiliary Power Unit (APU) market include Aerosila, Safran, PBS Velka Bites, Technodinamika etc. the market competition may become more intense with more innovation products, acquisitions and improvement of raw material cost control and etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Aircraft Auxiliary Power Unit (APU) market by product type, application, key manufacturers and key regions.
To calculate the market size, the research study projects considers value and volume generated from the sales of the following segments. The segmentation by product type are Battery Power and Electric Ground Power. Also, the segmentation by application are civil and military.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report are Honeywell Aerospace, Pratt & Whitney, Aerosila, Safran, PBS Velka Bites, Technodinamika and more.
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Related Report:
2018-2023 Global Hydraulic Power Unit Consumption Market Report
Over the next five years, the research study projects that Hydraulic Power Unit will register a 3.1% CAGR in terms of revenue, reach US$ 2830 million by 2023, from US$ 2360 million in 2017.
China is the largest supplier and consumption market of Hydraulic Power Unit, with a production market share 23.42% and sales market share nearly 21.93%. The second place is North America; following China with the production market share of 24.85% and the sales market share over 17.95%.
Read More: https://www.researchbeam.com/2018-2023-global-hydraulic-power-unit-consumption-report-market?utm_source=RR-OPR&utm_medium=CC
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