Aircraft Auxiliary Power Unit Market Size Forecast: $3.99 Billion by 2029 | Global Outlook

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What Is the Projected Market Size Valuation of the Aircraft Auxiliary Power Unit Market by 2025?
The market size of the aircraft auxiliary power unit has experienced consistent growth in the past. It is projected to increase from $3.41 billion in 2024 to $3.5 billion in 2025, with a compound annual growth rate (CAGR) of 2.7%. The historical growth can be attributed to factors such as stringent environmental rules, expansion of air transport networks, growth in regional and budget airlines, increased focus on passenger comfort, and the need for fuel efficiency.

What Is the Estimated Market Growth Value for the Aircraft Auxiliary Power Unit Industry in 2029?
Forecasted to exhibit a steady ascent in the coming years, the aircraft auxiliary power unit market is set to mature to a volume of $3.99 billion by the year 2029, a progression at a compound annual growth rate (CAGR) of 3.3%. The attributed growth factors for this proactive expansion include the upgradation of existing fleets, incorporation of increased electric aircraft systems, growth of sustainable aviation solutions, accelerated urban air mobility (UAM), improved connectivity and avionics systems, and an emphasis on reducing weight. Notable trends during the forecast period feature enhancements in APU technology, amplified demand for fuel-efficient APUs, integration of state-of-the-art materials, focus on noise mitigation, digitalization, and increased connectivity.

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What Are the Growth Drivers and Opportunities in the Aircraft Auxiliary Power Unit Market?
The growth of the aircraft auxiliary power unit (APU) market is anticipated to be driven by the surge in aircraft deliveries. The term 'aircraft deliveries' pertains to the manufacturing, assembling, and final delivery of aircraft to clients, which could be airlines, private entities, or military bodies. The APU facilitates power to the pneumatic and electrical systems of the aircraft, enabling it to function independently when on the ground or under maintenance, thereby reducing dependency on external power sources and offering increased freedom to the airline. To illustrate, the General Aviation Manufacturers Association (GAMA) - a US industry trade group representing general aviation aircraft manufacturers and associated businesses - released a report in February 2023 indicating that deliveries of piston aircraft escalated by 8.2% to 1,524 in 2022 from 2021, while those of turboprop aircraft rose by 10.4% to 582. Business aircraft deliveries increased by 7.12% to 712 from 710. Aircraft deliveries held a value of $22.9 billion in 2022, recording a rise of nearly 5.8% from 2021. Consequently, the escalating number of aircraft deliveries is fueling the growth of the aircraft auxiliary power unit market.

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What Are the Primary Segments Covered in the Global Aircraft Auxiliary Power Unit Market Report?
The aircraft auxiliary power unit market covered in this report is segmented -

1) By Product: Battery Power, Electric Ground Power
2) By Aircraft Type: Fixed Wind, Wide Body, Narrow Body, Rotary Wing, Unmanned Aerial Vehicle, Other Types
3) By End User: Military Aircrafts, Commercial Aircrafts, General Aviation

Subsegments:
1) By Battery Power: Lithium-Ion Battery Systems, Nickel-Cadmium Battery Systems
2) By Electric Ground Power: Ground Power Units (GPU), Mobile Ground Power Units

What Are the Top Growth Trends in the Aircraft Auxiliary Power Unit Market?
The proliferation of advancements in technology is a significant trend in the aircraft auxiliary power unit market. The leading companies in the industry are incorporating new technological methods to enhance their market positioning. Ampaire, a firm specializing in the conversion of hybrid-electric aircraft based in the US, recently partnered with Electric Power (EP) Systems, a US-based energy storage system provider in September 2022. The collaboration will see EP Systems delivering propulsion battery packs for Ampaire's Eco Caravan aircraft. The Cessna Grand Caravan, a nine-passenger plane, was upgraded to the hybrid-electric Eco Caravan. This new model will include the EPiC energy storage system from EP Systems. Alongside this, several manned and unmanned aircraft such as the Embraer Ipanema, Boeing CAV, NASA X-57, Diamond eDA-40, and Aurora Flight Sciences Pegasus have incorporated other EP Systems' battery systems.

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Which Companies Are Shaping the Future of the Aircraft Auxiliary Power Unit Market?
Major companies operating in the aircraft auxiliary power unit market include Honeywell International Inc., Hamilton Sundstrand Corporation, Technodinamika, Kinetics Ltd., Rolls-Royce PLC, AEGIS Power Systems Inc., Pratt & Whitney Canada Corp., Safran Power Units SAS, United Technologies Corporation, The Dewey Electronics Corporation, Liebherr-Aerospace Lindenberg GmbH, General Electric Company, BAE Systems plc., Raytheon Technologies Corporation, BOSA S.A., JSC NPP Aerosila, PBS Group a. s., Microturbo, Falck Schmidt Defence Systems A/S, Hartzell Aerospace, The Marvin Group, AMETEK Airtechnology Group, Behlman Electronics Inc., Tecknowledgey, UTC Aerospace Systems, Aerospace Turbine Rotables Inc., AeroVironment Inc., Airborne Systems North America, Aircraft Electronics Associatio

Which Region Holds the Largest Market Share in the Aircraft Auxiliary Power Unit Industry?
North America was the largest region in the aircraft auxiliary power unit market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global aircraft auxiliary power unit market report during the forecast period. The regions covered in the aircraft auxiliary power unit market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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