Global Aircraft Auxiliary Power Unit Market (2020 to 2025) - Growth, Trends, and Forecast - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Aircraft Auxiliary Power Unit Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The aircraft auxiliary power unit market is projected to register a CAGR of more than 4% during the forecast period.

Growing aircraft demand, from both defense and commercial sector, is generating demand for the individual parts and components, like the auxiliary power units (APUs) for the aircraft.

The need for producing aircraft with high fuel efficiency, less noise, and carbon emissions may drive the R&D in APU technologies in the years to come.

With the development of more electric architecture in aircraft, the development of all-electric APUs has gained pace over the years. The benefits offered by the use of these electric APUs may provide further growth opportunities for the market in the years to come.

Companies Mentioned

• Honeywell International Inc.
• Aerosila
• United Technologies Corporation
• Safran SA
• Technodinamika (Rostec)
• PBS Group AS
• Motor Sich JSC

Key Market Trends

The Commercial Segment accounted for the highest market share in 2019

Currently, the commercial segment has the highest market share in the aircraft auxiliary power unit market. Although the sales of general aviation aircraft are higher, the cost of each commercial aircraft APU is more, compared to the general aviation aircraft. Two commercial aerospace giants, Airbus and Boeing, recorded a total of more than 1600 aircraft deliveries in 2018. Thus, the high number of orders for commercial aircraft is helping the market for commercial aircraft APUs. However, a higher growth rate is projected to occur in the general aviation segment.

General aviation aircraft shipments are projected to increase their pace in the years to come. Almost 2,443 general aviation fixed-wing aircraft shipments were done globally in 2018, a 5% increase, when compared to that of 2017. These are positive signs for the tier-1 suppliers of the aircraft OEMs, like the suppliers of the APUs for the general aviation segment.

Asia-Pacific to Experience the Highest Growth During the Forecast Period

Due to a large demand for new aircraft in the Asia-Pacific region, the market for APUs in the region is projected to grow at a healthy pace during the forecast period. The region has the highest growth rate in the aviation market. Countries, like China, India, Japan, Australia, and Indonesia, among others, are among the largest aviation markets in the world. Thus, a large number of aircraft are about to be procured by the airlines, to cater to the demand arising from the growing passengers in the region. All these factors are expected to generate demand for APUs for aircraft in the coming years in the region.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.3 Market Restraints

4.4 Industry Attractiveness - Porter's Five Forces Analysis

4.4.1 Threat of New Entrants

4.4.2 Bargaining Power of Buyers/Consumers

4.4.3 Bargaining Power of Suppliers

4.4.4 Threat of Substitute Products

4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

5.1 Application

5.1.1 Commercial

5.1.1.1 Narrow-body Aircraft

5.1.1.2 Wide-body Aircraft

5.1.1.3 Regional Jet

5.1.2 Military

5.1.3 General Aviation

5.2 Geography

5.2.1 North America

5.2.1.1 United States

5.2.1.2 Canada

5.2.2 Europe

5.2.2.1 Germany

5.2.2.2 United Kingdom

5.2.2.3 France

5.2.2.4 Rest of Europe

5.2.3 Asia-Pacific

5.2.3.1 China

5.2.3.2 Japan

5.2.3.3 India

5.2.3.4 Rest of Asia-Pacific

5.2.4 Latin America

5.2.4.1 Mexico

5.2.4.2 Brazil

5.2.4.3 Rest of Latin America

5.2.5 Middle-East and Africa

5.2.5.1 United Arab Emirates

5.2.5.2 Saudi Arabia

5.2.5.3 Egypt

5.2.5.4 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Vendor Market Share

6.2 Company Profiles

6.2.1 Honeywell International Inc.

6.2.2 Aerosila

6.2.3 United Technologies Corporation

6.2.4 Safran SA

6.2.5 Technodinamika (Rostec)

6.2.6 PBS Group AS

6.2.7 Motor Sich JSC

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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