Press release
Aircraft Auxiliary Power Unit Market projected to reach 1490 Mn US$ by 2025 | Top Key Players Revenue Analysis: Honeywell Aerospace, Pratt & Whitney, Aerosila, Safran, PBS Velka Bites, Technodinamika
In terms of production side, this report researches the Aircraft Auxiliary Power Unit (APU) capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Aircraft Auxiliary Power Unit (APU) by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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.
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.
The Aircraft Auxiliary Power Unit (APU) market was valued at 1080 Million US$ in 2017 and is projected to reach 1490 Million US$ by 2025, at a CAGR of 4.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Aircraft Auxiliary Power Unit (APU).
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This report includes the following manufacturers; we can also add the other companies as you want.
Honeywell Aerospace
Pratt & Whitney
Aerosila
Safran
PBS Velka Bites
Technodinamika
Market Segment by Product Type
Battery Power
Electric Ground Power
Market Segment by Application
Civil
Military
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