DUBLIN, June 20, 2023 /PRNewswire/ — The “Aerospace and Military Auxiliary Power Unit (APU): Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Aerospace and Military Auxiliary Power Unit (APU) Market to Reach $5.4 Billion by 2030
The global market for Aerospace and Military Auxiliary Power Unit (APU) estimated at US$4.1 Billion in the year 2022, is projected to reach a revised size of US$5.4 Billion by 2030, growing at a CAGR of 3.7% over the analysis period 2022-2030.
Commercial Aircraft, one of the segments analyzed in the report, is projected to record a 3.5% CAGR and reach US$3.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Military Aircraft segment is readjusted to a revised 4.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 5.2% CAGR
The Aerospace and Military Auxiliary Power Unit (APU) market in the U.S. is estimated at US$1.5 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$491.2 Million by the year 2030 trailing a CAGR of 5.2% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 3.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.
Looking Ahead to 2023
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia’s war on Ukraine will play out this year and the war’s role in creating global instability means that the trouble on the inflation front is not over yet.
Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.
Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
What’s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies – Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Key Topics Covered:
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
Analysis by Application
Regional Analysis
Competitive Scenario
Recent Market Activity
Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
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
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
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
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 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
Geopolitical Conflicts & Quest for Military Supremacy Widen the Business Case
Need to Upgrade Anti-Terrorism & Counter-Insurgency Departments to Drive Market Expansion
Continued Threat of Terrorism Drives the Focus on Surveillance as Counterterrorism Response
Soldier Modernization Initiatives Augur Well for the Market Growth
Global Soldier Modernization Market Size (in US$ Billion) for 2018, 2021, 2024 & 2027
Dynamics in the Defense Electronics Ecosystem Support Progressive Growth in the Market
A Non-Polluting Auxiliary Power Unit for New Generation Aircraft
FOCUS ON SELECT PLAYERS (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
For more information about this report visit https://www.researchandmarkets.com/r/fls7oe
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