Authored By: Sarah
24 Aug 2024

Commercial Aircraft Auxiliary Power Unit (APU) Market Size to grow by USD 990.65 million between 2024-2028

The Commercial Aircraft Auxiliary Power Unit (APU) Market is segmented by Aircraft Type (Narrow-body aircraft, Wide-body aircraft, and Regional aircraft), Type (Battery power and Electric ground power), and Geography (North America, Europe, APAC, South America, and Middle East and Africa). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 990.65 million, at a CAGR of 8.11% during the forecast period. There are several companies that are contributing to the market as per this report. Technological advancements in commercial aircraft APUs .

By Aircraft Type, the Narrow-body aircraft segment is projected to dominate the market size in 2024

The commercial aircraft APU market experiences robust growth, particularly in the narrow-body aircraft sector. Boeing 737 and Airbus A320 families spearhead this development, necessitating compact, lightweight, and efficient APUs. Advanced, fuel-efficient APUs are a prevailing trend, addressing the power demands and space constraints of narrow-body aircraft.

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Why is North America forecasted to hold the largest regional market size in 2024?

The commercial aircraft APU market in North America is a significant contributor to the global industry, driven by the region's robust demand for advanced APUs. Major aerospace manufacturers, technological innovations, and industry collaborations have established North America as a leading hub for the development, deployment, and expansion of sophisticated aircraft APUs. Key players, including Honeywell International Inc., bolster North America's prominence in this sector.

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Research Analysis Overview

In the Commercial Aviation Segment, the Airplane's auxiliary power unit (APU) plays a crucial role in ensuring safety and enhancing passenger experience. APUs serve as electrical power sources for aircraft systems, including those responsible for climate control, lighting, and communication. Whitney & Pratt Canada and other industry leaders provide advanced APU technologies for commercial aircrafts, such as the Airbus A320s. The integration of all-electric APUs and electric architecture in aircraft design offers significant benefits. Quieter operations contribute to reduced noise levels, improving passenger comfort. Furthermore, these innovations lead to reduced carbon emissions and improved fuel efficiency, providing a competitive edge for airlines. Military aircrafts also benefit from the advancements in APU technologies. Backlogs for these advanced systems highlight the growing demand for cleaner, more efficient power sources in the aviation industry. As the focus on sustainability and passenger comfort continues to evolve, the market for commercial aircraft APUs is poised for continued growth.

Market Research Overview

The Commercial Aircraft Auxiliary Power Unit (APU) market is a segment of the broader global capital goods market, specifically the aerospace and defense sector. This market includes companies and products related to commercial and general aviation platforms, as well as defense platforms in naval, land, and air domains. Additionally, it covers arms and ammunition, defense electronics, logistics equipment, and space platforms. Technavio calculates the market size based on the combined revenue of manufacturers and providers in industries such as aerospace and defense, building and construction, electrical equipment, machinery, and trading companies. MRO activities are also included in the market's scope. - The Commercial Aircraft Auxiliary Power Unit (APU) Market is experiencing significant growth, fueled by the . Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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