Global Auxiliary Power Unit Market 2021 (Includes Business Impact of COVID-19)

  • TBI495937
  • September 16, 2021
  • Global
  • 149 pages
  • Market.US
                                          

Report updated on 11th September, 2021: Global Auxiliary Power Unit Market 2021 (Includes Business Impact of COVID-19)

Global Auxiliary Power Unit Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027 report has been recently generated by Trusted Business Insights, and offers in-depth insights, revenue details, and other vital information regarding the global auxiliary power unit market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global auxiliary power unit market report has been segmented on the basis of aircraft type, platform, product type, and region. Request Covid - 19 Impact The global Auxiliary Power Unit market size was valued at USD$2.47 billion in 2020 and is projected to reach $3.34 billion by 2030, and is anticipated to expand at a CAGR of 3.24% over the forecast period from 2020 to 2030. This report is based on synthesis, analysis, and interpretation of information gathered from various sources regarding the target market. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts, with the primary objective being to provide a holistic view of the target market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as current impact, in order to make informed forecasts about the scenarios in the near and distant future.

Introduction:

Auxiliary power units are used in the flexible frameworks as a source of electrical power with the goal that it can work unreservedly from the central motor. Transports, traveler autos, airplane, and typical sorts of trucks are few examples of flexible frameworks. Articulation auxiliary power units, that is turbine-based forms a part of turbine unit.

Dynamics:

The global auxiliary power unit market is expected to register significant growth over the forecast period, owing to the stiff competition among the players in the global market and the rapid technological advancements in the auxiliary power unit field. Fuel economy is a major benefit of installing an auxiliary power unit. The increasing application of auxiliary power unit in whole deal trucks is expected to propel growth of the global auxiliary power unit market over the forecast period. In addition, increasing use of auxiliary power unit across various end-use industries such as freight manufacturing industry, truck manufacturing industry, and aircraft manufacturing industries is also expected to trigger demand for auxiliary power units, which in turn is expected to drive growth of the global auxiliary power unit market. Auxiliary power units are also used widely in aerospace, municipal, military which is expected to fuel demand in coming years. Rapidly increasing e-commerce activities, increasing flight journeys, and increasing requirement for the electric aircraft are some of the other factors driving growth of the global market over the forecast period. However, high maintenance cost is a challenge and may impact growth of the global market over the forecast period. A recent trend of using lithium-ion batteries as a replacement for lead-acid batteries, owing to the production of larger energy within a smaller weight and volume framework is also estimated to augment growth of the global auxiliary power unit market. Auxiliary power units may be the future of emission-free trucking which in turn is expected to create ample opportunities for growth of the global market in the coming years. Companies through research and development activities are aiming to improve auxiliary power unit with effective solutions that will facilitate fuel-efficiency in comparison to the conventional auxiliary power unit. Such innovations are expected to drive growth of the global market in the coming years.

Analysis by Region:

The market in the Asia Pacific is currently dominating in the global auxiliary power unit market and is expected to continue its dominance in coming years, owing to the increasing demand of auxiliary power unit from military and commercial aircraft. North America market is also expected to register substantial growth rate, owing to the increasing growth of the aviation and aerospace industries in the region.

Below are the active patents related to Auxiliary Power Unit Market.

Patent Number: US8118253B1 Auxiliary power unit (APU) of an aircraft Abstract An Auxiliary Power Unit (APU) includes a power module (1) to be supplied with fuel (2), a gearbox (5), an electric generator (6), and an element selected from a compressor (4), a hydraulic pump and a combination thereof, in order to provide a functioning mode for production of power selected from electric (8), pneumatic (7), hydraulic and a combination thereof; the APU presents the novelty of including an electric motor (9), integrated into the electric generator (6), with the electric motor (9) and the electric generator (6) connected to the power module (1) via the gearbox (5 a) and a main clutch (10). Moreover, the compressor (4) and/or the hydraulic pump are also connected to the power module (1) via the gearbox (5 a) and the main clutch (10). Also, the compressor (4) and/or hydraulic pump are connected to the power module (1) via the gearbox (5 a) and the main clutch (10). This architecture permits the functioning modes of the APU to be extended, increasing its performance and reducing harmful environmental effects. Application File Date: 2009-01-08 Application Granted Date: 2012-02-21 Current Assignee: Airbus Operations SL Patent Number: CA2703166A1 Passive cooling system for auxiliary power unit installation Abstract An auxiliary power unit (APU) assembly housed within a compartment of an aircraft including a compressor portion, a gas exhaust end, and an exhaust eductor in communication with the exhaust end of the APU. The eductor includes a nozzle disposed downstream of and in fluid communication with the APU exhaust end for receiving a gas exhaust flow from the APU in use. A mixing member in fluid communication with the nozzle and a source of secondary air is adapted to introduce secondary air into the gas exhaust flow. A bleed nozzle is in fluid communication with the APU compressor portion and the nozzle, and is adapted to introduce pressurized air from the compressor portion into the exhaust flow. The bleed nozzle introduces pressurized air into the nozzle at a position upstream of where the mixing member introduces secondary air into the nozzle. Application File Date: 2002-10-18 Application Granted Date: 2013-01-15 Current Assignee: Pratt and Whitney Canada Corp Patent Number: US20120258839A1 Auxiliary power unit having a continuously variable transmission Abstract Inventive embodiments are directed to components, subassemblies, systems, and/or methods for auxiliary power units (APU). In one embodiment, the APU includes a source of rotational power such as a combustion engine operably coupled to a continuously variable transmission (CVT). The CVT can be coupled to a load. In some embodiments, the load is provided by a generator. In one embodiment, the APU has a control system configured to control the operation of the engine and the operation of the CVT. The control system can facilitate substantially constant speed operation of the generator in the presence of variable operation of the engine. In another embodiment, the APU includes a continuously variable accessory drive (CVAD) operably coupled to an engine. The CVAD can include a continuously variable transmission operably coupled to a generator. In one embodiment, a skew-based control system is adapted to facilitate a change in the ratio of a CVAD. Application File Date: 2012-04-03 Application Granted Date: 2014-09-30 Current Assignee: Fallbrook Intellectual Property Co LLC

Global Auxiliary Power Unit Market Segmentation:

Segmentation by Aircraft Type:
  • Fixed Wing
  • Wide Body
  • Narrow Body
  • Others
  • Rotary Wing
  • Unmanned Aerial Vehicle
Segmentation by Platform:
  • Commercial
  • Military
Segmentation by Product Type:
  • Battery Power
  • Electric Ground Power

Key Market Players included in the report:

  • AEGIS Power Systems Inc. (U.S.)
  • AEROSILA (Russia)
  • Dewey Electronics Corporation
  • Eaton Fuel Systems Division
  • Exotic Metals Forming Company
  • Falck Schmidt
  • Hamilton Sundstrand Corp (U.S.)
  • Honeywell International Inc (U.S.)
  • Hutchinson Aerospace & Industry
  • Jenoptik Agh
  • Kinetics Ltd. (Israel)
  • Liebherr-Aerospace Lindenberg
  • Microturbo
  • Rolls-Royce plc. (England)
  • Safran Power Units (France)
  • Technodinamika (Russia)
  • The Marvin Group
  • United Technologies Corporation

Below are the key development related to Auxiliary Power Unit Market in 2020 and 2021.

July 2021: Battle Investment Group, Capricorn team up on Turbopower takeover. Battle Investment Group and Capricorn Holdings have announced their acquisition of Turbopower, an Opa-Locka, Fla.-based maintenance, repair and overhaul service provider for gas turbine engines, auxiliary power units and component parts. Turbopower specializes in servicing turboprop engine platforms, including the Rolls-Royce T56 and the Pratt & Whitney PT6. Battle Investment and Capricorn target investments in aerospace and defense, among other sectors. Source June 2021: JSSI acquires SierraTrax; adds aircraft maintenance tracking software to suite of digital services. Jet Support Services, Inc. (JSSI), the leading independent provider of maintenance support and financial services to the business aviation industry, is announcing the acquisition of SierraTrax, a leader in aircraft maintenance tracking. SierraTrax provides maintenance tracking software for business aircraft worldwide through its modern technology interface. As a Textron Aviation recommended provider of maintenance tracking services, the SierraTrax platform is used extensively by Cessna, Beechcraft and Hawker operators. The company supports most turboprop, light and midsize aircraft, but will now focus on extending the service into the super-mid and large-cabin segments, to align with JSSIs coverage of virtually every make and model of business jet, turboprop and helicopter. Source March 2021: Honeywells Newest Turbogenerator Will Power Hybrid-Electric Aircraft, Run On Biofuel. New system to combine flight-proven auxiliary power unit with high-efficiency generator. Source January 2021: TAT Technologies Reports signing a new strategic contract with Honeywell. TAT Technologies Ltd. (NASDAQ: TATT - News) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, announced that its fully owned subsidiary, TAT Piedmont Aviation ("TAT-Piedmont"), and Honeywell International, had entered into a 10-year agreement for an exclusive worldwide Auxiliary Power Unit (APU) rental services for OEM authorized GTCP331-500 engine. This engine is installed in all Boeing 777 aircraft around the world. Under this contract TAT-Piedmont will offer rental services to airlines who are operating Boeings 777 aircraft and will serve on behalf of Honeywell for any rental of Honeywell GTCP331-500 APUs to all of Honeywells customers on an exclusive basis. As part of this agreement, TAT-Piedmont acquired Honeywells GTCP331-500 APU rental bank for approximately $6.5 million. Source

Table of Contents
Chapter 1. Methodology and Scope                  1.1. Research Methodology                  1.2. Research Scope & Assumptions                  1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Auxiliary Power Unit Market Outlook                  3.1. Market Segmentation                  3.2. Market Size and Growth Prospects, 2016 - 2027                  3.3. Value Chain Analysis                  3.4. Market Dynamics                      3.4.1. Market driver analysis                      3.4.2. Market restraint analysis        
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