Press Release

Visiongain Ltd.

Auxiliary Power Unit Market Report to 2031

November 12th, 2021 12:00 AM

Visiongain has published a new report on Auxiliary Power Unit Market: Forecasts by Type (Gas Turbine, APU, Fuel Cell APU, Electronically controlled APU), by Application (Commercial, Military), by Platform (Fixed Wing, Rotary Wing), by Aircraft Type (Narrow Body, Wide Body, Very Large Body, Regional Transport, Fighter Jets, Commercial Helicopters, Military Helicopters) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Recovery Scenarios.

The growth of this market can be attributed to necessity to reduce aircraft fuel consumption, increasing focus on more electric aircraft and huge demand for aircraft from emerging economies. Aircraft fuel is one of the major operational costs for aircraft operator and airlines. The aviation industry is looking toward reducing aircraft fuel consumption and to reduce cost as well as reduce carbon emissions. With the growing necessity to reduce aircraft fuel consumption, it is expected that APU market will grow significantly during the forecast period.

Download Exclusive Sample of Report @https://www.visiongain.com/report/auxiliary-power-unit-market-2021/#download_sampe_div

In a more electric aircraft, the electrical system is adopted to replace the pneumatic, hydraulic, and mechanical systems. With the adoption of more electric aircraft, the need for high density batteries will also increase. Hence, increasing focus on more electric aircraft is expected to drive the APU market during the forecast period.

With the increase of air passenger traffic across the globe, particularly Asia Pacific and Middle East, it is anticipated that these regions will be creating a huge demand for aircraft in the next couple of decades. This demand for aircraft from emerging economies may attribute to the growth of APU market.

COVID-19 Impact on APU Market

Due to Covid-19, the international trade and tourism has dropped significantly, and the market is expected to recover its stability slowly over the next two to three years. As the international trade and commerce business sector is witnessing sluggish growth, the demand for commercial aircraft video surveillance systems is expected to slow down during the first half of the forecast period till 2022. Airbus and Boeing have shut down some of their production facilities during the pandemic. Moreover, airlines have also not ordered any new aircraft during the pandemic.

How the Auxiliary Power Unit Market report helps you
In summary, our 160+ page report provides you with the following knowledge:

  • Revenue forecasts to 2031 for Auxiliary Power Unit Market, with forecasts for By Type, By Application, By Platform and By Aircraft Type, 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 17 key national markets – See forecasts for the Auxiliary Power Unit 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, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market- including company profiles for 10 of the major companies involved in the Auxiliary Power Unit Market.

Get Detailed TOC @https://www.visiongain.com/report/auxiliary-power-unit-market-2021/#download_sampe_div

Competitive Landscape

The players operating in the APU market are focusing on developing advanced batteries to cater to the demand of enhanced aircraft performance. Some of the company’s profiled in this report include Honeywell Inc, Safran Group, Hamilton Sundstrand, The Marvin Group, Pratt & Whitney, PBS Group, ASP-Equipment GmbH, Motor Sich JSC, Technodinamika JSC, and Ivchenko-Progress.

  • In June 2017, Honeywell received a contract worth USD 100 million from VietJet Air for 98 auxiliary power units for the airliner’s new fleet of Airbus A320 aircraft. This contract will run through 2022 and includes maintenance servicing for 12 years. Honeywell previously has supplied VietJet Air with auxiliary power units (APUs) across the airline’s entire fleet of 135 Airbus A320s.
  • In June 2018, Boeing and Safran entered into an agreement to jointly design, build and service Auxiliary Power Units (APUs). Both companies have a 50 percent stake in the partnership.

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.
Tel: + 44 0207 336 6100
USA Tel: + 1 718 682 4567
EU Tel: + 353 1 695 0006
Toll Free: 00-1-646-396-5129
Email: catherine.walker@visiongain.com
Web: https://www.visiongain.com
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SOURCE Visiongain Limited.

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