Market Overview
An aircraft auxiliary power unit is basically used as an initial power provider to the main engines of the aircraft. When an aircraft is stated, its engine requires an initial power supply to reach the desired speeds. It has become a vital part of the aviation industry, as it is also useful in performing other functions like the power to air conditioning systems, electrical supplies, and others. On observing the current market trends, the global aircraft auxiliary power unit market is projected to touch a 06 % annual growth mark during the survey period.
Apart from commercial aircraft, these systems are also used in defense, which is further propelling the market to higher levels. Extensive usage and vast applications have made auxiliary power unit an essential part of the aircraft industry. When compared to smaller aircraft, where an electric motor guides the initial engine start, the bigger planes need much more power to start the engines. In older times, this system was kept as an option, but now it is has become a vital part.
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These systems are also useful in adverse conditions when all the engines of an aircraft stop working. The aircraft producers are shifting towards electrically powered mechanisms from hydraulic systems, which is a piece of good news for this market. In defense, the aircraft are becoming more advance and are mounted with various equipment that needs electrical supply for management. This has increased the demand of electrical supply to the respective units, which is met by the auxiliary power unit and is powering the global market.
Key Players
The key players in Aircraft Auxiliary Power Unit Market are AEGIS Power Systems, Inc. (U.S.), AEROSILA (Russia), Honeywell International Inc (U.S.), Hamilton Sundstrand Corp (U.S.), Kinetics Ltd. (Israel), Technodinamika (Russia), Safran Power Units (France), Rolls-Royce plc. (England), UNITED TECHNOLOGIES (U.S.), and United Technologies Corporation and Pratt & Whitney Division (U.S.).
Recent Industry News
Global Aircraft Auxiliary Power Unit Market is gaining pace with the expansion of the aviation industry and rising standards for safety. The American region is on the top currently and will continue the same, and other regions will also behave in the same manner, which is a piece of good news for this market.
Market Segment
Global Aircraft Auxiliary Power Unit Market is segmented into three parts, which are:
Types of products: there are two types of products, namely battery power, and electric ground power.
Types of aircraft: This system is installed on the unmanned aerial vehicle (UAV), fixed-wing, and rotary wind type aircraft.
End-Users: These power units are used in commercial aircraft, business aircraft, military aircraft, and others.
Regional Market Summary
The global aircraft auxiliary power unit market is defines based on four regions, namely America, Europe, Asia Pacific, and The Middle East & Africa. The American market is the current market leader and will stay at the top. The vast aviation industry and the presence of key players in the region are the significant factors propelling this market. North American region is the current holder of maximum shares. The European region is the second-largest market due to increasing emphasis on human safety and hefty investments for research & development in this direction. The Asia Pacific region is the next biggest market and will show an impressive growth rate during the survey periods. Expanding the aviation industry, rising investments in defense programs, increasing demands for all types of aircraft, and other factors will drive this market. The rest of the regions are also showing substantial growth rates due to the strong emergence of economies and demands for improved technologies.
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