DUBLIN--(BUSINESS WIRE)--The "Aerospace and Military Auxiliary Power Unit (APU) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Aerospace and Military Auxiliary Power Unit (APU) estimated at US$3.8 Billion in the year 2020, is projected to reach a revised size of US$4.7 Billion by 2026, growing at a CAGR of 3.4% over the analysis period.
Commercial Aircraft, one of the segments analyzed in the report, is projected to grow at a 3.3% CAGR to reach US$3.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Military Aircraft segment is readjusted to a revised 4.1% CAGR for the next 7-year period. This segment currently accounts for a 12.6% share of the global Aerospace and Military Auxiliary Power Unit (APU) market.
Commercial aircraft APUs are anticipated to witness robust demand as a result of increasing air travel, proliferation of flight density, consumer affordability. The demand for military APUs is likely to be also propelled by rising defense budgets and increasing use of these units among aircrafts. The market is expected to also benefit from increasing installation of APUs that reduce operation cost, mechanic training and inventory requirement along with their adoption in applications ranging from 50 to 1700 equivalent shaft horsepower (SHP).
Select Competitors (Total 40 Featured) -
- AERO GEARBOX INTERNATIONAL
- CEF Industries, LLC
- Dewey Electronics Corporation
- Elbit Systems Ltd.
- GE Aviation
- Liebherr
- Northstar Aerospace
- Safran SA
- AB SKF
- Technodinamika
- The Marvin Group
- Triumph Group
- CEF Industries, LLC
- Raytheon Technologies
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Aerospace and Military Auxiliary Power Unit (APU) - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
- As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
- World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Pandemic Dents Prospects in the Aviation Industry
- COVID-19 Pandemic Dents Airline Revenues: Commercial Airline Revenue Growth (in %) for 2010-2020
- Global Airlines Performance by Region: 2020 Vs 2019
- Drop in Aviation Sector Impacts Demand for Commercial Aircraft and Aerospace APU Market
- Staged Recovery over Long-Term
- Disruptions in Military Training Inflicts Direct Blow on Military APU Market
- Infection Spread Disrupts Military Personnel Training & Troop Deployment: Cumulative Number of COVID-19 Cases Across the Defense Department in the U.S. in May, June, September & November 2020
- Aircraft Electrical System: A Prelude
- An Introduction to Aerospace and Military Auxiliary Power Unit (APU)
- Global Market Prospects & Outlook
- Aircraft Auxiliary Power Unit Market
- Military Aircraft Auxiliary Power Unit (APU) Market
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Commercial Aviation Industry: The Barometer of Health of the Aerospace Market
- Air Passenger Traffic and Demand for Modern Aircraft Present Long-term Growth Opportunities for the Market
- Global Airline Industry: Number of Scheduled Passengers Boarded (in Million) for 2010-2020E
- The Global Commercial Aircraft Market: The Current Scenario
- Expanding Aircraft Fleet to Fuel Need for Aircraft APU
- Global Commercial Aircraft Fleet Projections: Breakdown of Fleet (in Units) by Region for 2019 and 2039
- Business & General Aviation Segment Poised to Lead Future Growth in the Aircraft APU Market
- Number of General Aviation Aircrafts Produced Worldwide for the Years 2010, 2012, 2014, 2016 and 2019
- Global General Aviation Market: Revenue Share (in %) by Aircraft Type for 2019
- The Ever-Present Threat of Air Accidents Reinforces the Importance of Aircraft APU
- Global Commercial Aircraft Accident Rate: Number of Accidents Per Million Departures for the Years 2010-2019
- Despite the Strides Taken in Safe Flying, Ever-Present Threat of Plane Crashes Drives Emphasis on Airworthiness & Plane Maintenance: Global Number of Fatalities on Commercial Flights for the Period 2010-2019
- Aircraft MRO Services' Importance in Airworthiness Management to Drive Opportunities in APU Market
- When Aircraft Queue-Up in Hangars Across the World After Idling for Months, A Recovering MRO Market Will Drive Aircraft APU: Global Market for MRO (In US$ Million) for Years 2021, 2023, 2025, 2027
- Global MRO Spending (In US$ Billion) by Segment for the Years 2020 & 2027
- Engine MRO Segment Drives Aircraft APU Market
- Escalating Global Arms Race Provides the Perfect Platform for Future Growth
- Defense Spending Levels Influence Growth in Military Auxiliary Power Unit Market
- Global Military Spending (in US$ Billion) for the Years 2015 through 2023F
- Top Countries with Military Spending in USD Billion: 2019 and 2020
- Geopolitical Conflicts & Quest for Military Supremacy Widen the Business Case
- Military Expenditure as a % of GDP in Select Countries: 2020
- Need to Upgrade Anti-Terrorism & Counter-Insurgency Departments to Drive Market Expansion
- Number of Terrorist Attacks Worldwide for the Period 2011-2019
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/jufl6d
