Aircraft Auxiliary Power Unit Market Dynamics, Growth and Forecast Report (2024-2032) | UnivDatos

According to a new report by UnivDatos, Aircraft Auxiliary Power Unit is expected to reach USD Million in 2032 by growing at a CAGR of 3.44%. The rising demand for Aircraft Auxiliary Power Unit is due to the key factors that have contributed to the growth of the demand for improving customer comfort and flight experience.
Growing Demand:
The demand for military aircraft across the globe has significantly improved in recent years owing to the emerging geopolitical tensions. Various new instances such as the Russia-Ukraine Conflict, Israel-Iran conflict, China-Taiwan conflict, etc. have emboldened the demand for military aircraft both fixed wing and rotary wing to improve the air superiority among the leading countries. In line with this many of the leading air forces across the globe have announced their plans to purchase new next-generation aircraft to improve their air fire power.
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For instance, in 2024, the Israeli Ministry of Defense signed an agreement with the US to purchase a third squadron of F35 aircraft. The deal costs around USD 3 billion and the delivery of the jets will start from the year 2028.
In another instance, in 2024, Turkey signed an agreement with the US to purchase F16 jets with a total cost of USD 23 billion. Under the deal, Turkey will receive 40 new F16 jets as well as an upgrade of 79 of the existing F16 jets in its operational fleet.
Considering the rising demand for military jets across the globe in large numbers the demand for aircraft auxiliary power units would also receive a rapid growth during 2024-2032.
Applications:
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. With the rapid increase in the demand for commercial and military aircraft across the globe, the demand for aircraft auxiliary power units among OEMs has increased. Considering the factors the Global Aircraft Auxiliary Power Unit market is anticipated to rise during 2024-2032.
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Rising Demand for Commercial Aircraft to Fuel the Demand:
One of the key factors that has supported the growth of the global aircraft auxiliary power unit market is the rising sales of commercial aircraft. The upshift in air travel due to the revival after the COVID-19 pandemic has led a sizable number of airlines across the globe to expand their fleet. Additionally, international as well as domestic travel is also observed across the leading economies due to which the demand for commercial aircraft fleet has also been instigated. For instance, in 2023, Indigo (Inter globe Aviation) announced its plans to purchase 500 Airbus A320 aircraft. A steady stream of delivery will be provided to the company between 2030 to 2035.
In another instance, in 2024, American Airlines announced to purchase of 260 new aircraft. These aircraft models will include 90 Embraer E175, 85 Boeing 737 Max, and 85 Airbus A321neo.
As the demand for commercial aircraft among the leading aviation providers would increase the demand for aircraft auxiliary power units would further grow during 2024-2032.
Conclusion:
In conclusion, the Global Aircraft Auxiliary Power Unit market is poised for continued growth and innovation driven by economic expansion, aircraft developments, technological advancements, and sustainable practices. The increasing demand for air travel and improvement of flight safety in the aviation industry underscore the pivotal role of Aircraft Auxiliary Power Units across the globe. As stakeholders navigate challenges such as cost management, regulatory compliance, and market competitiveness, collaborations, investments in Aircraft Auxiliary Power Unit infrastructure, and rising demand for commercial aircraft would also play a vital role in shaping the future of the Global Aircraft Auxiliary Power Unit market, ensuring its resilience and contribution to the global aviation industry.
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