Aircraft Auxiliary Power Unit Market Size, Share, Growth, Trends and Forecast to 2032

Introduction:

Aircraft Auxiliary power units are conducive to increasing the range of aircraft in case of engine failure. These backup systems offer a second line of power after any engine power outage and help the aircraft maintain its operations. These battery systems are usually on standby and are charged with the help of power generated by the aircraft’s engines. The aircraft auxiliary power unit provides hydraulic power, pneumatic power supply, and electrical power supply assisting the aircraft to fly.

According to the UnivDatos Market Insights Analysis, growing demand for customer in-flight experience with advanced material will drive the growth scenario of Aircraft Auxiliary Power Unit and as per their “Aircraft Auxiliary Power Unit Market” report, the global market was valued at USD 3560 million in 2023, growing at a CAGR of 3.44% during the forecast period from 2024 - 2032 to reach USD million by 2032.

Request Free Sample Pages with Graphs and Figures Here - https://univdatos.com/get-a-free-sample-form-php/?product_id=64806

Rising Demand of Commercial Aircraft from Emerging Economies:

The demand for commercial aircraft among emerging economies such as China, India, Indonesia, Saudi Arabia, etc., has led to a higher demand for aircraft auxiliary power units. With the rapid emergence of the middle-class population in the region, the demand for new-age aircraft for both domestic as well as international air travel has enhanced further promoting the demand for aircraft components. These countries are also focusing on establishing their domestic aircraft manufacturing capability. Considering these shifts a comprehensive ecosystem supporting the manufacturing and assembly of the aircraft systems is expected to emerge and support the demand for the aircraft auxiliary power unit market. For instance, in 2024, Air China announced the purchase of 100 units from domestic aircraft manufacturing company Commercial Aircraft Corporation of China (COMAC). The order is anticipated to cost around USD 10.8 billion

Additionally, a large number of orders for commercial aircraft in the region is also experienced further bolstering the uptick in the demand for aircraft auxiliary power unit market. In 2023, Interglobe Aviation (Indigo) announced to purchase of 500 Airbus A320 aircraft with a total cost of USD 55 billion.

In another instance, Air India announced its finalization of the order of a total number of 470 aircraft including 250 airplanes from Airbus and 220 from Boeing. The respective order includes about 400 narrowbody and 70 widebody jets. With a total cost of USD 70 billion, the order is estimated to be executed in the forthcoming years.

With the high purchase of commercial jets from the developing regions the demand for Aircraft Auxiliary Power Unit from the OEMs would significantly rise. Additionally, the rising fleet of commercial aircraft in the region would also lead to an increased demand for Aircraft Auxiliary Power Units for aircraft maintenance, repair, and overhaul activities. Considering these factors the Global Aircraft Auxiliary Power Unit market is anticipated to rise during 2024-2032.

Related Reports-

Apron Bus Market: Current Analysis and Forecast (2024-2032)

Global Aircraft MRO Market: Current Analysis and Forecast (2024-2032)

Rising Trend of Domestic Manufacturing of Aircraft to Promote the Demand:

Electric aircraft is one of the fastest growing categories which would be crucial for the uptick in the demand for aircraft auxiliary power unit market. The respective systems use electric batteries for the running of the hydraulic and other pneumatic systems in the aircraft further promoting zero-carbon emission and sustainability in the aviation industry. As the respective category is used for air taxis, short-range recreational travel, and other applications the requirement for a robust secondary power unit to avoid any accident due to power failure in the main power source would also come into the picture. Considering these shifts and rising application and integration of electric aircraft the demand for aircraft auxiliary power units would emerge during forthcoming years.

Various other countries such as India, Japan, South Korea, etc., are also extensively investing in similar manufacturing base setups and are in an advanced stage of manufacturing electric aircraft through domestic and international collaboration.

With the rising focus on electric aircraft, the demand for Aircraft Auxiliary Power Units in the respective category will further grow during 2024-2032.

Request for TOC, Research Methodology & Insights Reports -https://univdatos.com/report/aircraft-auxiliary-power-unit-market/

Conclusion:

The Global Aircraft Auxiliary Power Unit market is experiencing a transformative phase driven by technological advancements, sustainable airline operations, digitalization, market dynamics, and implementation of government policies. Stakeholders across the industry are embracing these trends to enhance operational efficiency, etc. As Domestic manufacturing in emerging economies and focus on low-cost carriers to fuel the demand for new aircraft in extensive numbers continue to play a strategic role in embracing innovation will be crucial for the Global Aircraft Auxiliary Power Unit market.