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Aircraft Auxiliary Power Units Market Trends

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Report ID: 3136
Published Date: Sep 02, 2024
Report Format: PDF, PPT

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Aircraft Auxiliary Power Units Market Trends

Growth Drivers

Rising Requirement for Premium Quality Aircrafts
Increasing Demand for Aircrafts Globally

Challenges

Lack of Effective Battery Technology for APUs

Aircraft Auxiliary Power Units Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	3.6%
Base Year Market Size (2023)	USD 3.17 billion
Forecast Year Market Size (2036)	USD 5.02 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Aircraft Auxiliary Power Units Market Size & Share, Growth Forecast 2036

Author Credits: Dhruv Bhatia

Report ID: 3136
Published Date: Sep 02, 2024
Report Format: PDF, PPT

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.

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