Global Auxiliary Power Units (APU) Market Growth 2023-2029

Global Auxiliary Power Units (APU) Market Growth 2023-2029

An auxiliary power unit, also known as (APU), is a device on a vehicle or aircraft that provides energy for functions other than propulsion. They are employed in aircraft, ships, and some land vehicles to perform tasks such as starting main engines, heating motor blocks, and charging batteries. The devices supply energy in electric, pneumatic, or hydraulic form.

In aircraft, the elements assist in starting the primary engine. They generate electrical power in planes during pre-flight checks and energize cabin amenities while engines are off. Furthermore, the mechanism activates accessories in vehicles when it is idle. Long-haul trucking systems rely on the instruments for saving fuel and reducing air pollution caused by idling.

LPI (LP Information)' newest research report, the “Auxiliary Power Units (APU) Industry Forecast” looks at past sales and reviews total world Auxiliary Power Units (APU) sales in 2022, providing a comprehensive analysis by region and market sector of projected Auxiliary Power Units (APU) sales for 2023 through 2029. With Auxiliary Power Units (APU) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Auxiliary Power Units (APU) industry.

This Insight Report provides a comprehensive analysis of the global Auxiliary Power Units (APU) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Auxiliary Power Units (APU) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Auxiliary Power Units (APU) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Auxiliary Power Units (APU) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Auxiliary Power Units (APU).

The global Auxiliary Power Units (APU) market size is projected to grow from US$ 987.6 million in 2022 to US$ 1486.7 million in 2029; it is expected to grow at a CAGR of 1486.7 from 2023 to 2029.

Geographically, the consumption market is leading by North America and Europe, sales in Asia Pacific regions like China and Japan, Korea will see significant growth in future period. USA holds the largest market share, followed by Europe, occupied 31% market share.

Honeywell Aerospace, United Technologies and Safran are top 3 players in Aircraft APU market, while Thermo King and Carrier ComfortPro are the leaders in Truck APU market. Other notable players include Jenoptik, Kinetics, Dewey Electronics, The Marvin Group, Aerosila, Green APU, Dynasys and Go Green APU, etc. The APU market concentration is relatively high, technology, pre-installed brands and cooperate orders impact a lot to the market and company growth. The smaller APU companies have limited market share and move frequently into and out of the APU market.

This report presents a comprehensive overview, market shares, and growth opportunities of Auxiliary Power Units (APU) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Aircraft APU
Vehicle APU

Segmentation by application
Civil
Military

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Honeywell Aerospace
United Technologies
Safran
Jenoptik
Kinetics
Dewey Electronics
The Marvin Group
Aerosila
Thermo King
Carrier ComfortPro
Green APU
Dynasys
Go Green APU

Key Questions Addressed in this Report

What is the 10-year outlook for the global Auxiliary Power Units (APU) market?

What factors are driving Auxiliary Power Units (APU) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Auxiliary Power Units (APU) market opportunities vary by end market size?

How does Auxiliary Power Units (APU) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.