Aircraft Auxiliary Power Unit Market 2024-2028: Size and Development of fuel cells for unmanned aerial vehicles (UAVs); growth driven by the Application, Some of key Companies Positioned Strategically
The aircraft auxiliary power unit market size by Application (Commercial, Military, and General aviation) and Geography (North America, Europe, APAC, Middle East and Africa, and South America), is forecast to increase by USD 542.3 million. The market is expected to grow at a CAGR of 4.5% between 2024 and 2028.
- The Aircraft Auxiliary Power Unit (APU) market is experiencing significant growth due to the increasing demand for enhanced aircraft performance and fuel efficiency. APUs play a crucial role in providing power for various aircraft systems during ground operations and in the air, making them an essential component for modern aviation. Market expansion is driven by factors such as the rise in air travel and fleet modernization programs. Additionally, the integration of advanced technologies, such as electric APUs and hybrid systems, is further fueling market growth. Overall, the APU market is poised for continued expansion as the aviation industry evolves to meet the demands of a growing global travel sector.
- The Aircraft Auxiliary Power Unit (APU) market is experiencing significant growth due to increasing demand for improved aircraft efficiency and reliability. APUs provide auxiliary power for various aircraft systems during ground operations and in flight, enhancing overall aircraft performance and reducing dependence on airport ground power. Market expansion is driven by factors such as fleet modernization, rising air travel, and growing demand for fuel efficiency and reduced emissions.
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Some of the Key Companies:
- Aegis Power Systems Inc.
- Aerosila
- General Electric Co.
- Honeywell International Inc.
- Liebherr International Deutschland GmbH
- Northstar Aerospace
- PBS Group AS
- Pratt and Whitney
- RTX Corp.
- Safran SA
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