According to new market research report "Aerospace & Military Auxiliary Power Unit (APU) Market by Commercial Aircraft (WBA, NBA, and VLA), Military Aircraft (Fighter and UAV), Rotarycopter (Civil and Military), Military Land Vehicle (MBT and Armored vehicles) & Region (North America, Latin America, Asia-Pacific, Europe, and the Middle East & Africa) -Forecast & Analysis to 2014 - 2019", published by MarketsandMarkets , the global Aerospace And Military Auxiliary Power Unit (APU) Market is estimated to register a market size of $1,851.69 Million by 2019.
The commercial aviation segment makes use of the APU systems the most, in comparison with military applications. The commercial aviation APU comprises 80.64% while the military applications comprise the remaining 19.46% of the total aerospace and military APU market share. The market will observe tremendous growth in the APU usage applications in the aerospace and military industries. The commercial aircraft, rotarycopter, and armored vehicles procurement will witness a high rise with major technological developments in the solid oxide fuel cell APU, which is yet to enter the market.
Browse 49 market data Tables and 13 Figures spread through 145 Pages and in-depth TOC on "Aerospace & Military Auxiliary Power Unit (APU) Market"
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According to Ananya Gogoi, Research Associate of the Aerospace and Defense business unit at MarketsandMarkets", this report provides a market analysis of the global Aerospace And Military APU Market over the next five years. It provides an in-depth analysis of drivers, challenges, and restraints that impact the APU industry for aerospace and military platforms. The report tracks, analyzes, and lays out the market size of the major defense spenders in each region, and provides the APU market share on the basis of platforms such as commercial aviation and military usage.
The report provides a market analysis of the global aerospace and military APU market over the next five years. It contains the analysis of drivers, challenges, opportunities, and restraints that impact the industry. It also discusses the industry, market, and technology trends that currently prevail in the APU market. It provides a market size of the global aerospace and military APU market over the next five years, and talks about the market share by different sub-sectors for each region.
It tracks, analyzes, and lays out the market size of the major defense spenders in each region, and provides the market share based on two platforms, namely commercial aviation and military applications. The report also provides information on the major procurements that impact the APU market along with a few new innovations that are due in future.It talks of the leading competitors in the global military APU market. Apart from a general overview of the companies, it also provides details on their financial positions, key products, unique selling points, and key developments.
APUs are turbine powered sources of electrical generation, cabin heating/cooling, and hydraulic pressure that are commonly used by aircraft on the ground. They serve as a back-up provider when the main engines cannot start. This is done by providing pressurized air for the main engine to start.
With respect to applications, commercial aircraft APUs capture a majority of the market size with 80.64%, followed by the rotarycopter and military platform APUs. However, the military application APUs for use on fighter aircraft, UAVs, land-vehicles, etc., is on the rise to register a CAGR of 11.20% by 2019.
The typical lifecycle of an APU is 4.5 to 5 years. The maintenance costs vary depending upon the flying hours of the aircraft and the engine usage.
The upcoming developments in the fuel cell industry are increasing the demand and growth of the APU industry by adhering to the environmental regulations. The fuel economy will be achieved to the maximum in future; however, the implementation of fuel cell APU has a long way to go before entering the market.
In the APU market, there are a few players who cater to the aerospace and military market. To name a few of them Honeywell, UTC Aerospace Subsystems’ Hamilton Sundstrand, and Pratt & Whitney are the major providers of APU to the aerospace industry. These players have established a monopoly with their wide range of customer base such as Airbus, Boeing, Sikorsky, Bell Helicopters, etc. The rotarycopter market is on a rise with a high demand of civil rotarycopters, globally. With this increased demand, the APU requirements are increasing and many players such as Microturbo from Safran Group are entering the APU market.
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It also analyzes the market share by sub-segments, namely commercial aircraft, military aircraft, rotarycopter, and military land vehicle. It provides information of the leading competitors in the global aerospace and military APU market. Apart from a general overview of the companies, it also provides details on their financial positions, key products and services, key developments, and their SWOT analysis. This research report also segments the market on the basis of country, forecasting revenues, and market shares in each of the sub-sectors.
Environmental regulations and fuel economy drives the aerospace and military APU market. Reducing the operating costs for airlines and carrying out silent enemy monitoring capabilities have played a significant role to boost the APU systems adoption across the aerospace and defense industries.
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