Market Overview:
The Global Electric Auxiliary Power Unit Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric auxiliary power units in aircraft and helicopters applications. Additionally, the increasing demand for electric auxiliary power units in emerging countries is also contributing to the market growth. However, factors such as high installation and maintenance costs may restrain the market growth during the forecast period.
Product Definition:
Electric Auxiliary Power Unit is a device that provides electric power to auxiliary equipment, such as pumps or air conditioners, when the main engine is not running. Electric Auxiliary Power Units are important for providing electric power to auxiliary equipment when the main engine is not running.
0-25KW:
0-25KW, also known as the auxiliary power unit (APU) is a device used to provide electrical power to operate equipment or systems when primary energy sources are not available. It can be defined as an engine driven by an electric motor with a capacity of up to 25 kW which is generally used in helicopters and some ships.
25-50KW:
The global electric auxiliary power unit (EAPU) market size was valued at USD 2.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing demand for hybrid vehicles owing to rising awareness regarding fuel economy is anticipated to drive the growth of this market during the forecast period.
Application Insights:
The aircraft application segment led the global electric auxiliary power unit market and accounted for more than 60.0% share of the total revenue in 2017. The demand for these units is expected to increase with the rising number of air travelers owing to increasing concerns regarding airport safety, security and convenience at a time when governments are making efforts towards ensuring that airports function smoothly.
The helicopter application segment is expected to witness significant growth over the forecast period due to rising useage of these types of helicopters in rescue operations, medical evacuations, sightseeing trips and other such tasks requiring extended duration flights with minimal crew requirements. These units are also used on scheduled commercial services as well as private chopper tours operating within countries or between different countries providing aerial tours across various tourist destinations including Niagara Falls, Machu Picchu etc., thereby contributing significantly towards segment growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for electric APU in China and India on account of stringent government regulations regarding carbon emission and pollution caused by the use of non-electric aircraft engines. In addition, rising number of airports in Asia Pacific region will boost product demand further. For instance, new airport construction projects have been undertaken in India such as Hyderabad International Airport (HYD), Visakhapatnam Airport (VAP), Coimbatore International Airport (CBMT) are projected to increase the need for electric APU systems over the forecast period.
North America accounted for more than 25% share in 2017 owing to early adoption by UAV manufacturers operating within this region coupled with high awareness towards environment protection resulting into increased sales volume of electric APU across this region during the forecast period.
Growth Factors:
- Increasing demand for electric vehicles: The global electric vehicle market is expected to grow at a CAGR of more than 20% during the forecast period. This would lead to an increase in demand for electric auxiliary power units as well.
- Stringent emission norms: Governments across the globe are implementing stringent emission norms, which is leading to the increased adoption of electric auxiliary power units by OEMs.
- Technological advancements: The advancement of technology has led to the development of more efficient and compact electric auxiliary power units, thereby driving their growth in the market.
- Rising fuel prices: The increasing price of fuel is prompting consumers to opt for alternative sources of energy such as electricity, thereby leading to an increase in demand for electric auxiliary power units. 5) Growing awareness about environment-friendly technologies: There is a growing awareness among consumers about environment-friendly technologies such as electrification, which is aiding the growth of the Electric Auxiliary Power Unit market
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Auxiliary Power Unit Market Research Report
By Type
0-25KW, 25-50KW, 50-100KW, More than100KW
By Application
Aircraft, Helicopter
By Companies
Honeywell, Pratt & Whitney, PBS Velka Bites, Motor Sich, Advanced Space Power Equipment GmbH, Technodinamika, Fimac SpA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Electric Auxiliary Power Unit Market Report Segments:
The global Electric Auxiliary Power Unit market is segmented on the basis of:
Types
0-25KW, 25-50KW, 50-100KW, More than100KW
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aircraft, Helicopter
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell
- Pratt & Whitney
- PBS Velka Bites
- Motor Sich
- Advanced Space Power Equipment GmbH
- Technodinamika
- Fimac SpA
Highlights of The Electric Auxiliary Power Unit Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 0-25KW
- 25-50KW
- 50-100KW
- More than100KW
- By Application:
- Aircraft
- Helicopter
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Auxiliary Power Unit Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electric auxiliary power unit (EAPU) is a device that converts electrical energy into mechanical or thermal energy to provide supplemental power for equipment.
Some of the major companies in the electric auxiliary power unit market are Honeywell, Pratt & Whitney, PBS Velka Bites, Motor Sich, Advanced Space Power Equipment GmbH, Technodinamika, Fimac SpA.
The electric auxiliary power unit market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Auxiliary Power Unit Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Auxiliary Power Unit Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Auxiliary Power Unit Market - Supply Chain
4.5. Global Electric Auxiliary Power Unit Market Forecast
4.5.1. Electric Auxiliary Power Unit Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Auxiliary Power Unit Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Auxiliary Power Unit Market Absolute $ Opportunity
5. Global Electric Auxiliary Power Unit Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Auxiliary Power Unit Market Size and Volume Forecast by Type
5.3.1. 0-25KW
5.3.2. 25-50KW
5.3.3. 50-100KW
5.3.4. More than100KW
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Auxiliary Power Unit Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Auxiliary Power Unit Market Size and Volume Forecast by Application
6.3.1. Aircraft
6.3.2. Helicopter
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Auxiliary Power Unit Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Auxiliary Power Unit Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Auxiliary Power Unit Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Auxiliary Power Unit Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Auxiliary Power Unit Demand Share Forecast, 2019-2026
9. North America Electric Auxiliary Power Unit Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Auxiliary Power Unit Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Auxiliary Power Unit Market Size and Volume Forecast by Application
9.4.1. Aircraft
9.4.2. Helicopter
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Auxiliary Power Unit Market Size and Volume Forecast by Type
9.7.1. 0-25KW
9.7.2. 25-50KW
9.7.3. 50-100KW
9.7.4. More than100KW
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Auxiliary Power Unit Demand Share Forecast, 2019-2026
10. Latin America Electric Auxiliary Power Unit Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Auxiliary Power Unit Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Auxiliary Power Unit Market Size and Volume Forecast by Application
10.4.1. Aircraft
10.4.2. Helicopter
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Auxiliary Power Unit Market Size and Volume Forecast by Type
10.7.1. 0-25KW
10.7.2. 25-50KW
10.7.3. 50-100KW
10.7.4. More than100KW
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Auxiliary Power Unit Demand Share Forecast, 2019-2026
11. Europe Electric Auxiliary Power Unit Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Auxiliary Power Unit Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Auxiliary Power Unit Market Size and Volume Forecast by Application
11.4.1. Aircraft
11.4.2. Helicopter
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Auxiliary Power Unit Market Size and Volume Forecast by Type
11.7.1. 0-25KW
11.7.2. 25-50KW
11.7.3. 50-100KW
11.7.4. More than100KW
11.8. Basis Point Share (BPS) nalysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Auxiliary Power Unit Demand Share, 2019-2026
12. Asia Pacific Electric Auxiliary Power Unit Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Auxiliary Power Unit Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Auxiliary Power Unit Market Size and Volume Forecast by Application
12.4.1. Aircraft
12.4.2. Helicopter
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Auxiliary Power Unit Market Size and Volume Forecast by Type
12.7.1. 0-25KW
12.7.2. 25-50KW
12.7.3. 50-100KW
12.7.4. More than100KW
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Auxiliary Power Unit Demand Share, 2019-2026
13. Middle East & Africa Electric Auxiliary Power Unit Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Auxiliary Power Unit Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Auxiliary Power Unit Market Size and Volume Forecast by Application
13.4.1. Aircraft
13.4.2. Helicopter
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Auxiliary Power Unit Market Size and Volume Forecast by Type
13.7.1. 0-25KW
13.7.2. 25-50KW
13.7.3. 50-100KW
13.7.4. More than100KW
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Auxiliary Power Unit Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Auxiliary Power Unit Market: Market Share Analysis
14.2. Electric Auxiliary Power Unit Distributors and Customers
14.3. Electric Auxiliary Power Unit Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Honeywell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pratt & Whitney
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. PBS Velka Bites
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Motor Sich
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Advanced Space Power Equipment GmbH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Technodinamika
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fimac SpA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
