Aircraft Auxiliary Power Unit Marketembed
Global Aircraft Auxiliary Power Unit Market report information by Aircraft Type (Fixed Wing (Wide body, Narrow body, others), Rotary Wing, UAV), Platform (Commercial, Military), by Product (Battery, Electric Ground Power), & by Region-Forecast till
Aircraft Auxiliary Power Unit Market Research Report - Forecast to 2025 Aircraft Auxiliary Power Unit Market Research Report - Forecast to 2025 P a g e |1 Copyright © 2017 Market Research Future. Aircraft Auxiliary Power Unit Market Research Report - Forecast to 2025 VIEW REPORT PRESS RELEASE SAMPLE REPORT P a g e |2 Copyright © 2017 Market Research Future. Aircraft Auxiliary Power Unit Market Research Report - Forecast to 2025 Summary: Market Research Future (MRFR) asserts that the global aircraft auxiliary power unit market could acquire a growth rate of more than 4% during the forecast period (2018-2023) Market Overview: The global aircraft auxiliary power unit market’s performance has been remarkable in recent years and could achieve further success in the near future. It forms an integral part of the aircraft market, both commercial and military. There is intense competition among the manufacturers who make use of sophisticated technologies to manufacture advanced auxiliary power units. Given the advantages of using auxiliary power unit (APU) as a supporting engine, its demand is expected to rise significantly in the coming years, estimate data experts. The increasing trend in the market is the use of advanced technology to make APU highly efficient. This can be done by decreasing its size, reducing noise and vibrations and tackling overheating issues. Latest aircrafts such as Boeing 747 and Airbus A320 are making extensive use of APU for enhanced aircraft performance. Another important trend includes the integration of high-end interiors in advanced aircrafts along with increasing electrification of aircraft systems. P a g e |3 Copyright © 2017 Market Research Future. Aircraft Auxiliary Power Unit Market Research Report - Forecast to 2025 Emergence of 3D printing technologies has been identified as yet another significant trend that could stimulate growth of aircraft APU market during the review period. 3D printing is progressively being utilized by aircraft part manufacturers for developing cabin interiors as well as complex engine parts for commercial aircrafts. Application of 3D printing helps decrease warehouse management, reduces production costs and ensures less wastage of materials. Rising use of 3D printing in aerospace manufacturing is also expected to provide long-term sustainability and result in better performance of the aircraft APU in the forthcoming years. Segmentation: The worldwide aircraft auxiliary power unit market has been segmented on the basis of aircraft type, platform and product. The types of aircrafts are fixed wing (wide body, narrow body and others), rotary wings and unmanned aerial vehicle (UAV). Depending on platform, the market is considered for commercial and military. Product-wise categories are battery power and electric ground power. Regional Analysis: The main regions as per which the aircraft APU market has been studied by MRFR include Europe, Latin America, Asia Pacific (APAC), Middle East and Africa and North America. North America is poised to be the leading market for aircraft auxiliary power unit with the presence of a large number of renowned manufacturers. Soaring demand from military and commercial aircrafts also benefits the regional market. Expanding population combined with high profitability of the aviation industry augments business growth. Apart from this, favorable government policies that expands investment in civil and military aviation sector helps boost expand the auxiliary power unit market size in the region. European market is led by France, Germany, Russia and the United Kingdom (U.K) and is touted to be among the strongest contenders during the evaluation period. Mounting number of noise control mandates at airports by government authorities favors the aircraft auxiliary power unit market in the region. The APAC market banks on the significant demand for new aircraft, which establishes the region’s strong position among all the regions. APAC notes the highest CAGR in the aviation market. Emerging countries like India, China, Australia, Indonesia and Japan are some of the leading aviation markets in the world. Therefore, a vast number of aircraft are expected to be procured by airlines to satisfy the demand stemming from the rising number of passengers in the region. These factors are presumed to increase the uptake of aircraft APUs in the given timeframe. P a g e |4 Copyright © 2017 Market Research Future. Aircraft Auxiliary Power Unit Market Research Report - Forecast to 2025 The Latin American market is observing substantial growth, with Brazil, Argentina and Mexico are the vanguard of the business growth. Expanding investments as well as favorable trade policies will do wonders for the regional market in the near future. Competitive Dashboard: Top players in the worldwide aircraft auxiliary power unit market include Hamilton Sundstrand Corp (U.S.), Honeywell International Inc (U.S.), United Technologies Corporation—Pratt & Whitney Division (U.S.), AEGIS Power Systems, Inc. (U.S.), Technodinamika (Russia), UNITED TECHNOLOGIES (U.S.), Safran Power Units (France), Rolls-Royce plc. (England), AEROSILA (Russia), Kinetics Ltd. (Israel), to name a few. P a g e |5 Copyright © 2017 Market Research Future. Aircraft Auxiliary Power Unit Market Research Report - Forecast to 2025 P a g e |6 Copyright © 2017 Market Research Future.