March 28, 2020

Ground Power Unit (GPU) Market 2027 | Key Players are Powervamp, ITW GSE, Acsoon, JBT Corporation, Tronair, Textron GSE, Guinault among others.

According to a new market research report published by Credence Research “Ground Power Unit Market – Growth, Future Prospects and Competitive Analysis, 2019 – 2027”, the global market for ground power unit was valued at US$ 7.63 billion in 2018 and is set to grow with a CAGR of 4.7% over the forecast period.

Market Insights

The ground power unit is a fixed power supply for aircraft parked on the ground or a vehicle capable of being powered. A GPU can refer to a specific power supply, a battery power supply, or a combination of both. Power sources may be an airport-based dedicated generator or a central station. Ground power unit is the term used for equipment that, while on the ground, power or start aircraft. A GPU can refer to a specific power supply, a battery power supply, or a combination of both. There is also a type of ground power unit known as an aircraft. Ground power unit is one of the most important ground support equipment used on the ground to save flight energy for GSE aircraft maintenance purposes.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/ground-power-unit-gpu-market

The global market for GPUs is segmented into mobile and fixed by type. The mobile segment accounted for more than 75% of its share in 2018. This is mainly due to increasing demand from military airports and dedicated government airport authorities. In addition, increased demand for movable units to achieve productivity and cost efficiency are some of the other factors driving demand for this segment. By application, the segment of civil airports led the market with the largest share due to the large fleet size of commercial aircraft. Increased air traffic, due to increased consumer spending and rising disposable incomes, is another key factor driving demand for commercial aircraft, which in turn drives the global market.

Generators installed in engines or an auxiliary power unit carried by most of them normally supply electrical power to aircraft systems. All these saucers consume jet fuel during the operation of the aircraft. The GPU is therefore very useful when aircraft are stationed in this area for a long time (overnight) or when noise is of major concern, preventing the operation of the APU.

Geographically, North America and Europe are leading the overall market, with sales in Asia-Pacific regions such as China and Japan expected to grow significantly in the future. North America has the largest market share, selling more than 8700 units in 2018, followed by Europe, selling around 7000 units and a market share of 33 per cent. Increasing tourism in Europe is a key factor leading to increased demand for commercial aircraft fleets. This is one of the main indirect drivers of the market for ground power units in the region.

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59948

[Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction To The Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also Included]

Some of the major companies profiled in the report include Powervamp, ITW GSE, Acsoon, JBT Corporation, Tronair, Textron GSE, Guinault, GUANGTAI, Power Systems International Limited, GB Barberi, and Red Box International among others. TLD GSE is GPU’s leading manufacturer with approximately 20% of GPU sales in 2018.

Report Scope by Segments

By Type Segment

 • Mobile

 • Fixed

  By Application Segment

 • Civil Airport

 • Military Airport

 • Business Airport

 • Others

By Geography Segment

  • North America (U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (Middle East & Africa, Latin America)

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59948

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