Aircraft Auxiliary Power Unit Market Share, Size, and Forecast from 2022 to 2030 | CAGR 3.2%

The Global Aircraft Auxiliary Power Unit Market Size is anticipated to reach USD 4.3 Billion by 2030, it is expected to grow at a CAGR of 3.20% during 2022-2030.

Aircraft Auxiliary Power Unit Market Overview:

Global Aircraft Auxiliary Power Unit Market 2022-2030, report discovers comprehensive insights on key manufacturers with share information, market size and projection, key dynamics, growth factors, and new company profiles. The report provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth in the coming years. Aircraft Auxiliary Power Unit Market opportunities analysis, strategic growth analysis, product launches, marketplace expanding, and technological innovations are also highlighted. The report uncovers Aircraft Auxiliary Power Unit market size, potential growth, trends and expansion strategies followed by top prominent players.

Get a Sample PDF Copy of Latest Research on Aircraft Auxiliary Power Unit Market 2022 before purchase:
https://www.contrivedatuminsights.com/request-sample/9824

An Auxiliary Power Unit (APU) is an aircraft's power source that provides energy for the functions of the aircraft's systems other than propulsion. The primary function of an aircraft APU is to provide the ability to reverse an aircraft engine. Increasing demand for fuel efficient auxiliary power units has driven the aircraft auxiliary power unit market to grow significantly over the forecast period. Additionally, increasing development of more electric aircraft to achieve high economics while reducing fuel consumption is expected to propel the market growth during 2020-2030.

Existing auxiliary power units generate loud noise, which increases noise pollution. In order to reduce noise pollution, major manufacturers have focused on developing low-noise APUs. Advanced aircraft APUs offer, among other things, high performance, low fuel consumption and noise reduction. Apart from this, the trend towards adoption of more electric aircraft is expected to boost the market size during 2020-2030.

Some of the key players profiled in the study are
Honeywell International Inc. (The U.S.), Hamilton Sundstrand Corp. (The U.S.), Technodinamika (Russia), Kinetics Ltd. (Israel), Rolls-Royce plc. (England), Microturbo (France), AEGIS Power Systems, Inc. (The U.S.), Pratt & Whitney Canada Corp. (Canada), AEROSILA (Russia), Safran Power Units (France), and Others.

Aircraft Auxiliary Power Unit Market Segmentation:

By Type:
• Battery Power
• Electric Ground Power
• Other

By Platform:
• Commercial
• Military

By Applications:
• Civil Aircraft
• Military Aircraft
• Other

Latest Industry Developments:

• In October 2020, Honeywell International Inc. introduced a high-efficiency mode upgrade for its 131-9A auxiliary power unit for single-aisle Airbus aircraft.
• In March 2020, Honeywell International Inc. announced that it had been awarded a $72.8 million contract to develop APUs for naval aircraft. The contract included repair, replacement and support for auxiliary power units used on the P-3 Orion, C-2 Greyhound and most F/A-18 Hornet variants.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecasts (2022-2030) of the following regions are covered:
• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Demand for new aircraft orders from airlines in the Asia-Pacific region is soaring as passenger traffic in major countries such as China, India and Japan soars. Increasing demand for new aircraft orders is expected to drive the aircraft auxiliary power unit market in the region. For example, in November 2021 India's upcoming low-cost airline Akasa Air placed an order for 72 Boeing 737 MAX jets valued at around $9 billion at list price. Demand for aircraft is expected to drive demand for related APUs in the future. China's aviation industry has also made rapid progress in the past 30 years. Aircraft OEM Boeing has predicted that China's airlines could require 8,700 new aircraft by 2040, indicating strong aircraft demand in the region.

In the field of military aviation, it is expected that the procurement of military aircraft will surge due to the increase in defense spending to improve old aircraft and supplement the demand for auxiliary power units for aircraft. For example, in February 2022, Indonesia's Ministry of Defense agreed to procure 42 French Rafale fighter jets. The Dassault Aviation Rafale multipurpose fighter is equipped with the Rubis 3 Auxiliary Power Unit (APU) manufactured by Safran SA. All these factors are expected to generate demand for aircraft auxiliary power units in Asia Pacific during the forecast period.

To Get Complete Access Of The Report Click Here:
https://www.contrivedatuminsights.com/buy/9824

Table of Content of Aircraft Auxiliary Power Unit Market:
1. Executive Summary
2. Research Methodology
3. Market Outlook
4. Covid-19 Impact On Aircraft Auxiliary Power Unit Market
5. Aircraft Auxiliary Power Unit Market Overview, By Segmentation, 2017 - 2030 (USD Million)
6. Aircraft Auxiliary Power Unit Market Overview, By Geography, 2017 - 2030 (USD Million)
7. North America Aircraft Auxiliary Power Unit Market Overview, By Countries, 2017 - 2030 (USD Million)
8. Europe Aircraft Auxiliary Power Unit Market Overview, By Countries, 2017 - 2030 (USD Million)
9. Asia Pacific Aircraft Auxiliary Power Unit Market Overview, By Countries, 2017 - 2030 (USD Million)
10. Middle East & Africa Aircraft Auxiliary Power Unit Market Overview, By Countries, 2017 - 2030 (USD Million)
11. South America Aircraft Auxiliary Power Unit Market Overview, By Countries, 2017 - 2030 (USD Million)
12. Competitive Landscape
13. Key Vendor Analysis
14. Aircraft Auxiliary Power Unit Market Cost Analysis
15. Industrial Chain, Sourcing Strategy and Downstream Buyers
16. Marketing Strategy Analysis, Distributors/Traders
17. Market Effect Factors Analysis
18. Future Outlook of the Market

Read Detailed Index of full Research Study at@
https://www.contrivedatuminsights.com/product-report/aircraft-auxiliary-power-unit-market-insights-2020-global-and-chinese-analysis-and-forecast-to-2027-9824

Why You Should Buy This Report on the Global Aircraft Auxiliary Power Unit Market:

1. The forecast for the established and growing markets for global Aircraft Auxiliary Power Unit
2. Use Porter's Five Forces analysis to analyze various market perspectives.
3. The market segment that is anticipated to dominate the Aircraft Auxiliary Power Unit industry worldwide.
4. Geographical areas that are anticipated to experience the quickest growth over the projection period.
5. Identify the most recent innovations, market shares for global Aircraft Auxiliary Power Unit and marketing techniques used by the leading industry competitors.

Related Source:
• https://www.digitaljournal.com/pr/global-aircraft-auxiliary-power-unit-market-is-expected-to-grow-at-a-cagr-of-4-during-forecast-period

Contact Us:
Anna B. | Head Of Sales
Contrive Datum Insights
Phone: +91 9834816757 | +1 2152974078
Email: anna@contrivedatuminsights.com

About Us:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.

This release was published on openPR.