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The commercial aircraft auxiliary power unit (APU) market size is estimated to grow by USD 990.65 million at a CAGR of 8.11% between 2023 and 2028. The market's growth is driven by several factors, including the increasing emphasis on passenger comfort and experience, a heightened focus on fuel efficiency and emission reduction, and the growing use of long-haul and wide-body aircraft. These elements collectively fuel market expansion, reflecting advancements in aviation technology and shifting industry priorities. The rising focus on passenger comfort and experience underscores the importance of enhancing in-flight amenities and services. Simultaneously, the push for fuel efficiency and emission reduction highlights the industry's commitment to sustainability and cost-effectiveness.
The aviation industry is experiencing significant growth, driven by various factors such as increasing passenger traffic, expanding global markets, and the trend toward more efficient and capable fleet operations. This is evident in the increasing utilization of long-haul and wide-body aircraft, which offer greater capacity and range. The interplay of these factors shapes the landscape for the anticipated growth of the aviation market. Moreover, advancements in technology are playing a crucial role in enhancing fleet operations. One such technology is the Commercial Aircraft Battery Management System (BMS). This sophisticated system is designed to optimize the performance and longevity of the aircraft's batteries, ensuring that they operate at peak efficiency. By monitoring and controlling the charging, discharging, and temperature of the batteries, the BMS helps to reduce weight, improve fuel efficiency, and increase safety.
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The market is seeing significant advancements with the development of all-electric APUs. These units serve as a crucial electrical power source for various aircraft systems. Notable innovations are coming from Whitney & Pratt Canada, enhancing the efficiency and reliability of these units. Airbus A320s and other commercial airplanes rely on auxiliary power units (APUs) for ground operations and as a backup power source. The market is also impacted by the growing backlog in military aircrafts and the emergence of startups like the Malaysian startup MYAirline, which is adopting advanced APUs to improve performance. These APUs play a vital role in propulsion and maintaining essential systems when the main engines are off, highlighting their importance in modern aviation.
The market is witnessing a significant focus on passenger comfort and experience, underlining a fundamental shift in the aviation industry's commitment to elevating the in-flight ambiance and convenience of airline travelers. One notable example of this trend can be observed through the strategic endeavors of leading commercial aircraft auxiliary power unit market players such as Honeywell International Inc. (Honeywell). Honeywell's latest APU offerings are meticulously designed to align with the commercial aviation industry's burgeoning emphasis on passenger comfort.
Furthermore, commercial aircraft auxiliary power unit market players are driving the trend of improved air passenger comfort through aircraft APU-powered systems that facilitate enriched in-cabin amenities and entertainment options. By embracing such advancements, market players are actively contributing to enhancing the overall travel experience, allowing air passengers to enjoy personalized entertainment and connectivity options throughout their journey. Thus, such factors are expected to drive the growth of the market during the forecast period.
Significant technological developments in recent years have led to improved performance, reliability, and sustainability of the market. One example of such technological advancement is the integration of advanced materials and design techniques in construction. Moreover, commercial aircraft auxiliary power unit market players like Honeywell International Inc. (Honeywell) and RTX Corp (RTX) have introduced lightweight, high-strength materials
Additionally, advancements in control systems have played a key role in optimizing their performance and reliability. Manufacturers have implemented advanced digital control technologies, including real-time monitoring and predictive maintenance capabilities, to enhance operational efficiency and minimize downtime in aircraft APUs. Thus, such factors are expected to drive the market trends during the forecast period.
One significant negative effect of using batteries in aircraft APUs is the extra weight that adds to the overall weight of the aircraft. Unlike traditional fuel-based APUs, battery-based aircraft APUs are inherently heavy, which can adversely affect the overall weight and balance of aircraft. This added weight could lead to increased fuel consumption and reduced payload capacity, eventually affecting the operational efficiency of commercial aircraft, which, in turn, affects market growth.
Furthermore, the limited energy density of current battery technologies presents a challenge to their use in commercial aircraft APUs. Batteries typically store less energy per unit of weight than traditional fuels, resulting in limited endurance and operational range. This limitation can restrict the use of battery-based aircraft APUs in long-haul aircraft thus, is expected to impede the growth of the market during the forecast period.
The narrow-body aircraft segment will account for a major share of the market's growth during the forecast period.?The global commercial aircraft auxiliary power unit market has witnessed significant demand and innovation in the context of narrow-body aircraft, reflecting the aviation industry focus on improving operational efficiency and the passenger experience in the commercial aviation segment. One prominent trend in the narrow-body aircraft segment is the integration of advanced, fuel-efficient aircraft APUs that are designed to meet the specific power demands of and space constraints in these aircraft. Moreover, the trend toward electric aircraft systems has influenced the development of APUs for narrow-body aircraft.
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The narrow-body aircraft segment was valued at USD 1.00 billion in 2018. Furthermore, airline companies that operate large fleets of narrow-body aircraft have increasingly focused on optimizing their operational costs and reducing environmental impact, leading to greater demand that offer improved fuel efficiency and reduced emissions, besides aligning with industry and regulatory goals for sustainability. Thus, such advantages are expected to increase the adoption of APUs in narrow-body aircraft, which will fuel the growth of the narrow-body aircraft segment of the global market during the forecast period.
Based on type, the market has been segmented into battery power and electric ground power. The battery power?segment will account for the largest share of this segment.?The battery power segment of the market has witnessed notable advancements and growing interest in recent years, driven by the goals of sustainability and reduced carbon emissions in the commercial aviation industry. One significant development in the battery power segment is the adoption of lithium-ion battery technology. Moreover, the integration of battery-based aircraft APUs has gone beyond the conceptual stage, with several manufacturers and commercial airline service providers actively pursuing the implementation of these systems in their commercial aircraft fleets. Consequently, such factors are expected to fuel the growth of the battery power segment of the market during the forecast period.
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North America is estimated to contribute 31% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The presence of major aerospace manufacturers, technological advancements, and industry collaborations have positioned North America as a key hub for the development and deployment of advanced aircraft APUs as well as market growth. One significant factor contributing to North America's prominence in the market is the strong presence of leading aircraft manufacturers players.
Moreover, companies such as Honeywell International Inc. (Honeywell) and RTX Corp (RTX) are at the forefront of developing state-of-the-art aircraft APUs tailored to the needs of commercial aircraft operators in the region. Additionally, rising collaborations between aerospace manufacturers, commercial airline companies, and regulatory bodies in North America have played a crucial role in shaping the market landscape. Thus, such factors are expected to drive the growth of the regional market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
We also have detailed analyses of the market’s competitive landscape and offer information on 7 market companies, including:
Motor Sich JSC, PBS Group AS, Raytheon Technologies Corp., Rolls Royce Holdings Plc, Safran SA, and Aerosila
Technavio's market growth analysis report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
Commercial Aircraft Aftermarket Parts Market: Commercial Aircraft Aftermarket Parts Market Analysis Europe, APAC, North America, Middle East and Africa, South America - US, China, Singapore, UK, France - Size and Forecast
Military Multirole Aircraft Market: Military Multirole Aircraft Market by Type and Geography - Forecast and Analysis
Aircraft Auxiliary Power Unit Gearbox Market: Aircraft Auxiliary Power Unit Gearbox Market by Application and Geography - Forecast and Analysis
The market caters to the commercial segment, emphasizing quieter operations and safety for airlines. High-quality APUs, like the APS3200, provide a competitive edge, ensuring smooth transportation of key components and meeting production schedules. Despite backlogs, fast deliveries support global end users' demands. Research and development focus on APU technologies, including advancements in electric architecture for all-electric systems. This enhances noise reduction and efficiency, meeting stringent industry standards while accommodating the evolving needs of aircraft system. Additionally, APU innovations benefit military aircraft deliveries, solidifying their crucial role in aviation operations.
Furthermore, the market is evolving rapidly, driven by advancements in auxillary power units (APUs), essential components in modern aircraft systems. These units provide power for airplane when the main engine are not running, playing a crucial role in the economy and efficiency of aircraft operations. Leading companies like Hamilton Sundstrand Corp, Technodinamika, Kinetics Ltd, Rolls-Royce plc, Microturbo, and Safran Power Units are pioneering innovations in this space. The development of low noise APU is particularly significant in reducing noise pollution. These APUs are utilized across various platform, including fixed-wing, rotary-wing, and UAVs. As the aviation industry grows, these units' role in enhancing performance and sustainability becomes increasingly important.
Market Scope |
|
Market 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 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 31% |
Key countries |
US, Canada, China, Germany, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Honeywell International Inc., Motor Sich JSC, PBS Group AS, Raytheon Technologies Corp., Rolls Royce Holdings Plc, Safran SA, and Aerosila |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the market forecast period. |
Customization purview |
If our market growth and forecasting report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
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
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