Aircraft Auxiliary Power Units Market Share

North America Market Statistics

On the basis of regional analysis, the global aircraft auxiliary power units market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America is likely to account for largest revenue share by 2036, on the back of rising number of manufacturers of aircraft auxiliary power units as well as increasing implementation of noise control mandates at the airports by government authorities in the region.

APAC Market Analysis

Furthermore, Asia Pacific is projected to witness significant aircraft auxiliary power units market growth over the upcoming years ascribing to the rising demand for auxiliary power units for military and commercial aircrafts. Additionally, growing population along with high productivity attained in the industry are expected to drive market growth in the region. In 2018, Asia’s total population was an estimated value of 4.57 billion people. The figure grew up to 4.65 billion by 2020.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of aircraft auxiliary power units is assessed at USD 3.26 billion.

Aircraft Auxiliary Power Units Market size was over USD 3.17 billion in 2023 and is projected to exceed USD 5.02 billion by 2036, witnessing over 3.6% CAGR during the forecast period i.e., between 2024-2036. The market growth is impelled by rising requirement for premium quality aircrafts and increasing demand for aircrafts globally.

North America is likely to account for largest revenue share by 2036, on the back of rising number of manufacturers of aircraft auxiliary power units as well as increasing implementation of noise control mandates at the airports by government authorities in the region.

The major players in the market are AEGIS Power Systems, Inc., JSC NPP Aerosila, Honeywell International Inc, JSC Technodinamika, and others.

Aircraft Auxiliary Power Units Market Share