Press Release

Visiongain Ltd.

Aerospace & Military Auxiliary Power Unit (APU) Market Report to 2031

November 10th, 2021 12:00 AM

Visiongain has published a new report on Aerospace & Military Auxiliary Power Unit (APU) Market Report to 2031: Forecasts by Application (Commercial Aircraft, Military Aircraft, Military Land Vehicle, and Rotary copter). PLUS, Profiles of Aerospace and Military Auxiliary Power Unit (APU) Companies and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios

COVID-19 Impact on Aerospace and Military Auxiliary Power Unit (APU) Market

COVID-19 has spread worldwide and is creating havoc. It has impacted all industries, all sectors, with disturbing economic and financial losses. IATA data shows a decrease in air-traffic by 60%. During the week of October 12, 2020, the number of scheduled flights worldwide reduced by 46.4% in comparison with the week of October 14, 2019, with high cross-country variations. In some countries, the year-on-year (Y-O-Y) decline in the number of passenger flights reached over 90%, for instance, reaching 98 percent decline in Italy. This led in a reduced demand for APU, and thus hinders its growth in the global scenario.

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Market Drivers

Increase in Air Travel

The air transport industry is not only a crucial engine of global socio-economic growth; but is also of chief importance as an accelerator of economic development across the globe. The air traffic has witnessed a growing demand each year (the number of scheduled passengers boarded by the global airline industry in 2010 was 2695 million that rose to 4543 million is 2019) which is anticipated to propel the growth of Aerospace and Military Auxiliary Power Unit (APU) Market over the forecast time frame

High Demand for Electric Aircrafts

Major companies are focusing to develop auxiliary power unit with effective solutions that enable fuel-efficiency compared to the traditional auxiliary power unit (APU). The use of lithium-ion (Li-ion) batteries is also being witnessed in the auxiliary power unit market, which offers superior energy within a smaller weight and volume footprint. Such factors expected to drive the growth of aerospace and military auxiliary power unit (APU) Market over the forecast timeframe.

Market Opportunities

Rising Demand for Cleaner Environment

The rising demand for a non-polluting auxiliary power unit is expected to prompt the development of the emission-free technology worldwide. The transition from battery-powered APU to an all-electric APU is anticipated to enhance the total run-time and offer an ecologically clean substitute for the traditional auxiliary power unit.

Technological Advancements in Fuel Cells

The growing demand for quieter and noise-minimizing solutions is expected to impact the APU market. Various manufacturers across the globe are transforming and are moving towards innovative products that could help control the generated noise. This is expected to bring smart alterations in the next generation auxiliary power unit.

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How the Aerospace and Military Auxiliary Power Unit (APU) Market report helps you
In summary, our 500+ page report provides you with the following knowledge:

  • Revenue forecasts to 2031 for Aerospace and Military Auxiliary Power Unit (APU) Market, with forecasts for Application each forecasted at a global and regional level- discover the industry’s prospects, finding the most lucrative places for investments and revenues.
  • Revenue forecasts to 2031 for 5 regional and 16 key national markets – See forecasts for the Aerospace and Military Auxiliary Power Unit (APU) market in North America, Europe, Asia-Pacific and Rest of the World. Also forecasted is the market in the US, Canada, Argentina, Brazil, Germany, France, UK, Italy, Spain, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market

Competitive Landscape

Industry players are developing products serving the low fuel consumption needs, powering multiple number of electric systems on aircraft and achieving eco-friendly standards. For instance, Honeywell has developed HGT1700 APU that offers variable speed capability with appreciable output of 150 kVA and lowers the fuel consumption by 10%. Some of the companies profiled in the report include Honeywell, Microturbo, Hamilton Sundstrand, Pratt & Whitney, Jenoptik AG, Kinetics Ltd., The Marvin Group, Dewey Electronics Corporation, Falck Schmidt, and Meggitt PLC, among others.

In June 2018, Liebherr Aerospace & Transportation announced partnership with automotive giant General Motors to develop a non-polluting APU for future single-aisle aircraft.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.

To access the data contained in this document please email contactus@visiongain.com

Information found nowhere else
With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the APU Market and leading companies. You will find data, trends, and predictions.

Find more Visiongain research reports on Aviation Electronics Sector click on the following links:

Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: catherine.walker@visiongain.com

About Visiongain

Visiongain is one of the fastest growing and most innovative, independent, market intelligence around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports cover a 10-year forecast, are hundreds of pages long, with in depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets, which currently can influence one another, these markets include automotive, aviation, chemicals, cyber, defense, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customized and syndicated market research reports mean that you can have a bespoke piece of market intelligence customized to your very own business needs.

Contact:

Catherine Walker
PR at Visiongain Inc.
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