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Los Angeles, CA -- (SBWIRE) -- 10/23/2018 -- Description
This report studies the global Aircraft Auxiliary Power Unit (APU) market status and forecast, categorizes the global Aircraft Auxiliary Power Unit (APU) market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Auxiliary Power Units (APUs) are gas turbine engines used primarily during aircraft ground operation to provide electricity, compressed air, and/or shaft power for main engine start, air conditioning, electric power and other aircraft systems. APUs can also provide backup electric power during in-flight operation.
The aircraft APU provides power to start the main engines. Turbine engines compressors must be turned to a significant speed for self-sustaining operation. Before the engines are to be turned, the APU is started, generally by a battery or hydraulic accumulator. Once the APU is running, it provides power (electric, pneumatic, or hydraulic, depending on the design) to start the aircraft's main engines.
Geographically, the consumption market is leading by North America and Europe, sales in Asia Pacific regions like China, Japan, Southeast Asia and India will see significant growth in future period. North America holds the largest market share, with about 1264 Units sold in 2017, followed by Europe, with about 38.45% market share.
Honeywell Aerospace and Pratt & Whitney are the biggest two players in Aircraft Auxiliary Power Unit (APU) market, with about 25.03% and 15.56% output market share separately in 2017. Other leading market players in Aircraft Auxiliary Power Unit (APU) market include Aerosila, Safran, PBS Velka Bites, Technodinamika etc. the market competition may become more intense with more innovation products, acquisitions and improvement of raw material cost control and etc.
The global Aircraft Auxiliary Power Unit (APU) market is valued at 1080 million US$ in 2017 and will reach 1490 million US$ by the end of 2025, growing at a CAGR of 4.1% during 2018-2025.
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The major players covered in this report
Pratt & Whitney
PBS Velka Bites
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Electric Ground Power
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
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