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Aircraft Auxiliary Power Unit (APU) Market: Competitive Dynamics & Global Outlook 2024– Top Key players like– Top Key players like Honeywell Aerospace,Pratt & Whitney,Aerosila,Inc.
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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.
The worldwide market for Aircraft Auxiliary Power Unit (APU) is expected to grow at a CAGR of roughly 5.3% over the next five years, will reach 1470 million US$ in 2024, from 1080 million US$ in 2019, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
Honeywell Aerospace
Pratt & Whitney
Aerosila
Safran
PBS Velka Bites
Technodinamika
Market Segment by Type, covers
Battery Power
Electric Ground Power
Market Segment by Applications, can be divided into
Civil
Military
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Related Information:
North America Aircraft Auxiliary Power Unit (APU) Market Growth 2019-2024
United States Aircraft Auxiliary Power Unit (APU) Market Growth 2019-2024
Asia-Pacific Aircraft Auxiliary Power Unit (APU) Market Growth 2019-2024
Europe Aircraft Auxiliary Power Unit (APU) Market Growth 2019-2024
EMEA Aircraft Auxiliary Power Unit (APU) Market Growth 2019-2024
Global Aircraft Auxiliary Power Unit (APU) Market Growth 2019-2024
China Aircraft Auxiliary Power Unit (APU) Market Growth 2019-2024
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