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The commercial aircraft auxiliary power unit (apu) market size is forecast to increase by USD 990.65 million at a CAGR of 8.11% between 2023 and 2028.
The commercial aircraft auxiliary power unit (apu) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The narrow-body aircraft segment is estimated to witness significant growth during the forecast period.
The global commercial aircraft APU market is experiencing substantial growth, particularly in the context of narrow-body aircraft. Companies like Technodinamika, Rolls-Royce plc, Kinetics Ltd, Whitney & Pratt Canada, and Safran Power Units are leading this innovation. Narrow-body aircraft, such as the Boeing 737 and Airbus A320 families, require compact, lightweight, and efficient power generation solutions. These APUs are designed to meet the specific power demands and space constraints of these aircraft. One trend in this segment is the integration of advanced, fuel-efficient APUs. For instance, Microturbo's improved fuel efficiency and low noise APUs offer a competitive edge. Moreover, electric architecture and all-electric APUs are gaining popularity for their safety, reduced emissions, and quieter operations.
UAVs and military rotary-wing aircraft are also adopting APUs for their electrical power source. The commercial aviation segment is prioritizing fuel efficiency and reducing carbon emissions, making APUs an essential component of aircraft systems. Hamilton Sundstrand Corp's electrical power solutions and Airbus A320s' performance are notable examples. The development of electric aircraft and military aircrafts further underscores the importance of APUs in propulsion and aircraft systems.
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The Narrow-body aircraft segment was valued at USD 1002.72 million in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 31% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The Commercial Aircraft APU market is witnessing significant growth, driven by the demand for improved fuel efficiency, reduced emissions, and quieter operations in the Commercial Aviation Segment. Technodinamika, a Russian technology company, and Kinetics Ltd, a Malaysian startup, are among the players contributing to this development through their innovative APUs. Rolls-Royce plc and Whitney & Pratt Canada also lead the market with their advanced APUs, offering a competitive edge in terms of fuel consumption and noise reduction. Moreover, the trend towards electric architecture in commercial and military aircraft, including fixed-wing and rotary-wing, is driving the demand for all-electric APUs from companies like Safran Power Units and Hamilton Sundstrand Corp.
UAVs are also adopting APUs for extended flight times and performance enhancement. The focus on passenger comfort and safety, as well as reduced emissions, is a key market driver. Microturbo, a Safran subsidiary, offers Low noise APUs for the economy class, enhancing the passenger experience. The increasing backlog of airlines and the growing demand for new aircraft systems further boost the market growth. In , the Commercial Aircraft APU market is experiencing dynamic growth, fueled by technological advancements, industry collaborations, and evolving aviation sector needs. Companies are investing in research and development to offer more efficient, quieter, and safer APUs for both commercial and military aircraft.
The market is expected to continue its expansion, driven by the increasing demand for advanced APUs in the global aviation industry.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The commercial aircraft auxiliary power unit (apu) market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the commercial aircraft auxiliary power unit (apu) market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, commercial aircraft auxiliary power unit (apu) market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Honeywell International Inc. - The company specializes in providing high-performance aircraft auxiliary power units, capable of generating power up to 350 kW. These units are essential for transport and passenger aircraft accommodating up to 250 individuals, ensuring optimal functionality during ground operations and in-flight emergencies. Our cutting-edge technology guarantees enhanced efficiency, reliability, and safety, setting us apart from competitors in the aviation industry.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market encompasses a vital segment of the aviation industry, supplying power solutions for various aircraft types during ground operations and in-flight situations. These units play a crucial role in ensuring the efficient and reliable operation of aircraft systems, particularly in areas such as passenger comfort, safety, and reduced emissions. APUs provide electrical power for starting the main engines, providing air conditioning during ground operations, and supplying power for various aircraft systems during flight when the main engines are not in use. The commercial aviation segment is the primary consumer of APUs, with a significant number of units installed in fixed-wing and rotary-wing aircraft.
The market for APUs is driven by several factors, including the increasing demand for improved fuel efficiency, reduced noise pollution, and the need for quieter operations. The competitive edge of APU manufacturers lies in their ability to provide advanced technologies that cater to these demands. One such technology is electric architecture, which is gaining popularity due to its potential to reduce fuel consumption and carbon emissions. Several companies are investing in the development of electric APUs, with some even exploring the use of all-electric APUs in UAVs. Safety is another critical factor driving the market for APUs. These units are essential for providing power during emergency situations, ensuring the safety and comfort of passengers.
APUs also contribute to reduced emissions by allowing aircraft to use ground power instead of idling engines during ground operations. APU technologies have undergone significant advancements in recent years, with a focus on improving fuel efficiency, reducing noise, and enhancing the passenger experience. For instance, some APUs are designed to operate at lower noise levels, making them ideal for use in densely populated areas. Moreover, the increasing use of microturbo engines in APUs has led to improved fuel efficiency and reduced emissions. These engines operate on jet fuel and provide high power output with minimal fuel consumption. The market for APUs is highly competitive, with several established players and new entrants vying for a share.
Some of the key players in the market include Rolls-Royce plc, Kinetics Ltd, Whitney & Pratt Canada, Hamilton Sundstrand Corp, and Safran Power Units. These companies are investing in research and development to stay ahead of the competition and meet the evolving demands of the market. The APU market is expected to grow steadily in the coming years, driven by the increasing demand for more efficient and environmentally friendly power solutions for commercial and military aircraft. The backlog of orders for new aircraft is also expected to contribute to the growth of the market, as a significant number of these aircraft will require APUs for operation.
In , the commercial aircraft APU market is a dynamic and evolving industry, driven by the need for efficient, reliable, and environmentally friendly power solutions for aircraft. The market is highly competitive, with several players investing in research and development to meet the evolving demands of the market. The focus on improving fuel efficiency, reducing noise pollution, and enhancing the passenger experience is expected to drive the growth of the market in the coming years.
Market Scope |
|
Report Coverage |
Details |
Page number |
144 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.11% |
Market growth 2024-2028 |
USD 990.65 million |
Market structure |
Concentrated |
YoY growth 2023-2024(%) |
7.57 |
Key countries |
US, Canada, China, Germany, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Aircraft Type
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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