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Report
Aerospace and Military Auxiliary Power Unit (APU) Market by Application (Commercial Aircraft, Military Aircraft, Military Land Vehicle, Rotary Copter), and Region 2023-2028
Market Report I 2023-07-05 I 150 Pages I IMARC Group
Market Overview:
The global aerospace and military auxiliary power unit (APU) market size reached US$ 3.91 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.92 Billion by 2028, exhibiting a growth rate (CAGR) of 3.80% during 2023-2028. The growing demand for fuel-efficient solutions to minimize fuel consumption, increasing development of electric aircraft to reduce carbon emissions, and rising requirement for additional power in aircraft represent some of the key factors driving the market.
An aerospace and military auxiliary power unit (APU) is a device that provides electrical power to the electrical systems on an aircraft. It relies on the aircraft battery to operate and is generally located in the tail cone, engine nacelle, or wheel well in different aircraft types. It allows an aircraft to operate autonomously without the need for ground support equipment, such as a ground power unit, an external air-conditioning unit, or a high-pressure air start cart. It aids in offering pneumatic energy until the aircraft reaches a certain height. Besides this, it assists in providing reliable performance and reducing fuel consumption and maintenance costs of aircraft. As it is beneficial in emergency situations like engine failure to provide electrical power, the demand for aerospace and military APU is rising across the globe.
Aerospace and Military Auxiliary Power Unit (APU) Market Trends:
At present, the rising demand for APUs due to the inflating income levels and consequently increasing number of people traveling to different places represents one of the primary factors contributing to the growth of the market. Apart from this, the growing utilization of APUs in the electric aircraft to reduce carbon emissions is offering a favorable market outlook. Additionally, their rising adoption for additional power in aircraft is impelling the growth of the market. Besides this, the growing employment of APUs in aircraft due to the increasing number of cargo operations that carry goods efficiently from one place to another is positively influencing the market. In addition, the rising need to reduce fuel consumption in the aerospace and military sector is bolstering the growth of the market. Moreover, the increasing deployment of APUs in military aviation due to the rising defense expenditure, along with the upgradation of old military aircraft, is offering lucrative growth opportunities to industry players. In line with this, the increasing demand for military aircraft on account of the rising number of terrorist activities around the world is supporting the market growth. Furthermore, key players are introducing low-noise APUs for silent military operations and reducing noise pollution, which is strengthening the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global aerospace and military auxiliary power unit (APU) market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on application.
Application Insights:
Commercial Aircraft
Narrow Body Aircraft
Very Large Aircraft
Wide Body Aircraft
Military Aircraft
Fighter Jet
Unmanned Aerial Aircraft
Military Land Vehicle
Armored Vehicles
Main Battle Tank
Rotary Copter
Civil
Military
The report has provided a detailed breakup and analysis of the aerospace and military auxiliary power unit (APU) market based on the application. This includes commercial aircraft (narrow body aircraft, very large aircraft, and wide body aircraft); military aircraft (fighter jet and unmanned aerial aircraft); military land vehicle (armored vehicles and main battle tank); and rotary copter (civil and military). According to the report, commercial aircraft represented the largest segment.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for aerospace and military auxiliary power unit (APU). Some of the factors driving the North America aerospace and military auxiliary power unit (APU) market included the growing demand for low noise aircraft, rising adoption of advanced solutions for military applications, increasing presence of aircraft manufacturers, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global aerospace and military auxiliary power unit (APU) market. Detailed profiles of all major companies have been provided. Some of the companies covered include Elbit Systems Ltd., Honeywell International Inc., Marvin Engineering Co. Inc., Raytheon Technologies Corporation, Safran S.A., The Dewey Electronics Corporation, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the global aerospace and military auxiliary power unit (APU) market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global aerospace and military auxiliary power unit (APU) market?
What is the impact of each driver, restraint, and opportunity on the global aerospace and military auxiliary power unit (APU) market?
What are the key regional markets?
Which countries represent the most attractive aerospace and military auxiliary power unit (APU) market?
What is the breakup of the market based on the application?
Which is the most attractive application in the aerospace and military auxiliary power unit (APU) market?
What is the competitive structure of the global aerospace and military auxiliary power unit (APU) market?
Who are the key players/companies in the global aerospace and military auxiliary power unit (APU) market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Aerospace and Military Auxiliary Power Unit (APU) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Application
6.1 Commercial Aircraft
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Narrow Body Aircraft
6.1.2.2 Very Large Aircraft
6.1.2.3 Wide Body Aircraft
6.1.3 Market Forecast
6.2 Military Aircraft
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Fighter Jet
6.2.2.2 Unmanned Aerial Aircraft
6.2.3 Market Forecast
6.3 Military Land Vehicle
6.3.1 Market Trends
6.3.2 Key Segments
6.3.2.1 Armored Vehicles
6.3.2.2 Main Battle Tank
6.3.3 Market Forecast
6.4 Rotary Copter
6.4.1 Market Trends
6.4.2 Key Segments
6.4.2.1 Civil
6.4.2.2 Military
6.4.3 Market Forecast
7 Market Breakup by Region
7.1 North America
7.1.1 United States
7.1.1.1 Market Trends
7.1.1.2 Market Forecast
7.1.2 Canada
7.1.2.1 Market Trends
7.1.2.2 Market Forecast
7.2 Asia-Pacific
7.2.1 China
7.2.1.1 Market Trends
7.2.1.2 Market Forecast
7.2.2 Japan
7.2.2.1 Market Trends
7.2.2.2 Market Forecast
7.2.3 India
7.2.3.1 Market Trends
7.2.3.2 Market Forecast
7.2.4 South Korea
7.2.4.1 Market Trends
7.2.4.2 Market Forecast
7.2.5 Australia
7.2.5.1 Market Trends
7.2.5.2 Market Forecast
7.2.6 Indonesia
7.2.6.1 Market Trends
7.2.6.2 Market Forecast
7.2.7 Others
7.2.7.1 Market Trends
7.2.7.2 Market Forecast
7.3 Europe
7.3.1 Germany
7.3.1.1 Market Trends
7.3.1.2 Market Forecast
7.3.2 France
7.3.2.1 Market Trends
7.3.2.2 Market Forecast
7.3.3 United Kingdom
7.3.3.1 Market Trends
7.3.3.2 Market Forecast
7.3.4 Italy
7.3.4.1 Market Trends
7.3.4.2 Market Forecast
7.3.5 Spain
7.3.5.1 Market Trends
7.3.5.2 Market Forecast
7.3.6 Russia
7.3.6.1 Market Trends
7.3.6.2 Market Forecast
7.3.7 Others
7.3.7.1 Market Trends
7.3.7.2 Market Forecast
7.4 Latin America
7.4.1 Brazil
7.4.1.1 Market Trends
7.4.1.2 Market Forecast
7.4.2 Mexico
7.4.2.1 Market Trends
7.4.2.2 Market Forecast
7.4.3 Others
7.4.3.1 Market Trends
7.4.3.2 Market Forecast
7.5 Middle East and Africa
7.5.1 Market Trends
7.5.2 Market Breakup by Country
7.5.3 Market Forecast
8 Drivers, Restraints, and Opportunities
8.1 Overview
8.2 Drivers
8.3 Restraints
8.4 Opportunities
9 Value Chain Analysis
10 Porters Five Forces Analysis
10.1 Overview
10.2 Bargaining Power of Buyers
10.3 Bargaining Power of Suppliers
10.4 Degree of Competition
10.5 Threat of New Entrants
10.6 Threat of Substitutes
11 Price Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 Elbit Systems Ltd.
12.3.1.1 Company Overview
12.3.1.2 Product Portfolio
12.3.1.3 Financials
12.3.2 Honeywell International Inc.
12.3.2.1 Company Overview
12.3.2.2 Product Portfolio
12.3.2.3 Financials
12.3.2.4 SWOT Analysis
12.3.3 Marvin Engineering Co. Inc.
12.3.3.1 Company Overview
12.3.3.2 Product Portfolio
12.3.4 Raytheon Technologies Corporation
12.3.4.1 Company Overview
12.3.4.2 Product Portfolio
12.3.4.3 Financials
12.3.4.4 SWOT Analysis
12.3.5 Safran S.A.
12.3.5.1 Company Overview
12.3.5.2 Product Portfolio
12.3.5.3 Financials
12.3.5.4 SWOT Analysis
12.3.6 The Dewey Electronics Corporation
12.3.6.1 Company Overview
12.3.6.2 Product Portfolio
12.3.6.3 Financials
Figure 1: Global: Aerospace and Military Auxiliary Power Unit Market: Major Drivers and Challenges
Figure 2: Global: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Aerospace and Military Auxiliary Power Unit Market: Breakup by Application (in %), 2022
Figure 5: Global: Aerospace and Military Auxiliary Power Unit Market: Breakup by Region (in %), 2022
Figure 6: Global: Aerospace and Military Auxiliary Power Unit (Commercial Aircraft) Market: Sales Value (in Million US$), 2017 & 2022
Figure 7: Global: Aerospace and Military Auxiliary Power Unit (Commercial Aircraft) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 8: Global: Aerospace and Military Auxiliary Power Unit (Military Aircraft) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Aerospace and Military Auxiliary Power Unit (Military Aircraft) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Aerospace and Military Auxiliary Power Unit (Military Land Vehicle) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Aerospace and Military Auxiliary Power Unit (Military Land Vehicle) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Aerospace and Military Auxiliary Power Unit (Rotary Copter) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Aerospace and Military Auxiliary Power Unit (Rotary Copter) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: North America: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: North America: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: United States: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: United States: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Canada: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Canada: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Asia-Pacific: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Asia-Pacific: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: China: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: China: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Japan: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Japan: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: India: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: India: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: South Korea: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: South Korea: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Australia: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Australia: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Indonesia: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Indonesia: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Others: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Others: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Europe: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Europe: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Germany: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Germany: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: France: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: France: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: United Kingdom: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: United Kingdom: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Italy: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Italy: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Spain: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Spain: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Russia: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Russia: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Others: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Others: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Latin America: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Latin America: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Brazil: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Brazil: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Mexico: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Mexico: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Others: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Others: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Middle East and Africa: Aerospace and Military Auxiliary Power Unit Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Middle East and Africa: Aerospace and Military Auxiliary Power Unit Market: Breakup by Country (in %), 2022
Figure 62: Middle East and Africa: Aerospace and Military Auxiliary Power Unit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Global: Aerospace and Military Auxiliary Power Unit Industry: Drivers, Restraints, and Opportunities
Figure 64: Global: Aerospace and Military Auxiliary Power Unit Industry: Value Chain Analysis
Figure 65: Global: Aerospace and Military Auxiliary Power Unit Industry: Porter's Five Forces Analysis
Table 1: Global: Aerospace and Military Auxiliary Power Unit Market: Key Industry Highlights, 2022 & 2028
Table 2: Global: Aerospace and Military Auxiliary Power Unit Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 3: Global: Aerospace and Military Auxiliary Power Unit Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 4: Global: Aerospace and Military Auxiliary Power Unit Market: Competitive Structure
Table 5: Global: Aerospace and Military Auxiliary Power Unit Market: Key Players
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