Auxiliary Power Units (APU) Market Size 2019 by Top Key Players: Honeywell Aerospace, United Technologies, Safran, Jenoptik, Kinetics, Dewey Electronics, The Marvin Group, Aerosila

Recently, Market Study Report, LLC, documented a study on the Auxiliary Power Units (APU) Market which encompasses significant inputs with respect to market share, market size, regional landscape, contributing players, and revenue projection of this industry vertical. The report also educates investors regarding the existing tends, prime challenges, and current expansion strategies applied by the key organizations that constitute the hyperactive competitive gamut of this business sphere.

According to this study, over the next five years the Auxiliary Power Units (APU) market will register a 3.5% CAGR in terms of revenue, the global market size will reach US$ 910 million by 2024, from US$ 750 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Auxiliary Power Units (APU) business,

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The key manufacturers covered in this report:

• Honeywell Aerospace
• United Technologies
• Safran
• Jenoptik
• Kinetics
• Dewey Electronics
• The Marvin Group
• Aerosila

An auxiliary power unit, also known as (APU), is a device on a vehicle or aircraft that provides energy for functions other than propulsion. They are employed in aircraft, ships, and some land vehicles to perform tasks such as starting main engines, heating motor blocks, and charging batteries. The devices supply energy in electric, pneumatic, or hydraulic form.

In aircraft, the elements assist in starting the primary engine. They generate electrical power in planes during pre-flight checks and energize cabin amenities while engines are off. Furthermore, the mechanism activates accessories in vehicles when it is idle. Long-haul trucking systems rely on the instruments for saving fuel and reducing air pollution caused by idling.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Auxiliary Power Units (APU) market by product type, application, key manufacturers and key regions and countries.

This study considers the Auxiliary Power Units (APU) value and volume generated from the sales of the following segments:

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Segmentation by product type:

Aircraft APU
Vehicle APU

Segmentation by application:

Civil
Military

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

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.

Research objectives

To study and analyze the global Auxiliary Power Units (APU) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

To understand the structure of Auxiliary Power Units (APU) market by identifying its various subsegments.

Focuses on the key global Auxiliary Power Units (APU) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Auxiliary Power Units (APU) with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Auxiliary Power Units (APU) submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of Contents
2019-2024 Global Auxiliary Power Units (APU) Consumption Market Report
1 Scope of the Report
2 Executive Summary
3 Global Auxiliary Power Units (APU) by Players
4 Auxiliary Power Units (APU) by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Auxiliary Power Units (APU) Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion

Related Report: https://www.marketwatch.com/press-release/At-94-CAGR-Aircraft-Engine-Nacelle-Market-Size-will-reach-8880-million-USD-by-2024-2019-02-22

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