(PRWEB) July 02, 2014
The aerospace and military auxiliary power unit (APU) market is expected to reach $1,851.69 million by 2019. The CAGR for the APU market is expected to rise substantially from 2014 to 2019.
The North American aerospace and military APU market size for 2014 is expected to reach $806.38 million by 2019. Companies like Honeywell, Hamilton Sundstrand, and Pratt & Whitney, located at U.S., capture the major market share in the region with stiff competition amongst them. With global economic stabilization achieved and due to increase in the air travel, the North American region will observe a rise in the APU segment. This rise will occur due to the procurement of commercial aircraft, civil and military helicopters, business jets, UAVs, and modernization and procurement of military land vehicles.
Browse through the market data tables, figures and detailed ToC on the “North America Auxiliary Power Unit (APU) Market”.
Europe Auxiliary Power Unit (APU) Market:
The European aerospace and military APU market size for 2014 is expected to reach $780.26 million by 2019. Companies like Microturbo, Honeywell, Hamilton Sundstrand, and so on capture the major market share in the European APU market. With the increase in air travel and environmental regulations in place, the European aerospace and military APU market will rise substantially. The procurement, modernization, and export of military land vehicles will also boost the region’s APU market.
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