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Albert Roy
@albertr
October 30, 2020

Aircraft Actuator Market Evolving Technology, Trends And Industry Analysis 2027

The Global Aircraft Actuator Market is estimated to reach USD 29.8 Billion by 2027 at a CAGR of 8.5%.

Aircraft actuators are mainly used to control the motion for aircraft systems such as landing gear systems, flaps, thrust reversers, and horizontal stabilizers. Actuators help to convert the electrical energy into physical-mechanical movements such as temperature and pressure control systems. Moreover, actuators used to control and limit velocity and engine speed by adjusting levers and valves. Hydraulic, mechanical, electric, and pneumatic actuators systems are mainly used in aircraft systems.

Aircraft Actuator Market: Drivers & Restraints

Market Drivers:

Increasing Adoption of 3D Printing Technology

3D printing technology is being used in the aerospace & defense sector to increase the ability for creating parts that are stronger and lighter than traditional manufacturing techniques. 3D printing is implemented in the following stages in aerospace: design communication, validation stage, pre-production, production, and customization. The tool-less and cost-effective production of lightweight components helps to reduce fuel consumption, CO2 emission, and material cost owing to which has increased the demand for 3D printing in the aerospace industry.

Thus, increasing the adoption of 3D printing technology to manufacture aircraft actuator is expected to drive the market during the forecast period.

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Market Restraints:

Changing Consumer Buying Behavior and Technological Changes

Rapid technological changes and changing consumer buying behavior are expected to restrain the market growth during the forecast period. In the past ten years, the technology which is used in the aerospace and defense industry has been changed more rapidly to cut down the production cost, increase flexibility, and rapid mass customization & production among others. Recent advancements in electric actuators for providing more robust and efficient designs will decrease the demand for hydraulic and pneumatic actuators during the forecast period.

Such factors coupled with rapid technological changes are expected to hinder the aircraft actuators market, during the forecast period.

Aircraft Actuator Market: Key Segments

  • Based on system: Mechanical, Electric, Pneumatic, Hydraulic, and Others
  • Based on type: Linear and Rotary
  • Based on application: Fight Control System, Power Distribution System, Land and Breaking Systems, Fuel Management System, Engine Control System, Vibration Control System, and Others
  • Based on end user: Commercial Aircrafts and Military Aircrafts
  • Segmentation based on region covers: North America, Asia-Pacific, Europe, Middle East & Africa, and South America with individual country-level analysis.

Aircraft Actuator Market: Report Scope

The report on the Aircraft Actuator Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

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List of the leading companies operating in the Aircraft Actuator Market include:

  • Honeywell International Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Moog Inc.
  • PARKER HANNIFIN CORP
  • Collins Aerospace
  • Safran
  • NOOK Industries, Inc.
  • CIRCOR International, Inc.
  • Woodward, Inc.
  • Electromech Technologies
  • Arkwin Industries, Inc.
  • Other Key Companies

Aircraft Actuator Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Aircraft Actuator Market, by System

  • Mechanical
  • Electric
  • Pneumatic
  • Hydraulic
  • Others

Aircraft Actuator Market, by Type

  • Linear
  • Rotary

Aircraft Actuator Market, by Application

  • Fight Control System
  • Power Distribution System
  • Land and Breaking Systems
  • Fuel Management System
  • Engine Control System
  • Vibration Control System
  • Others

Aircraft Actuator Market, by End User

  • Commercial Aircraft
  • Military Aircraft
  • Others

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Aircraft Actuator Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report

  • What are the major developments impacting the market worldwide and its growth?
  • What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
  • What are the evolving types of the global market?
  • What are the evolving applications of global market?
  • What are the major characteristics that will affect the global market growth during the study period?
  • Who are the key global players operating in the market?
  • How are the major players leveraging in the existing global market conditions?

Table of Content

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Increasing Manufacturing of Commercial and Military Aircrafts
      2. Growing Adoption of 3D Printing Technology
    3. Restraints
      1. Changing Consumer Buying Behavior and Technological Changes
    4. Opportunities
      1. Increasing Adoption of Unmanned Aerial Systems
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL AIRCRAFT ACTUATOR MARKET BY SYSTEM, Market Size in USD Million (2019—2027)
    1. Introduction
    2. Mechanical
    3. Electric
    4. Pneumatic
    5. Hydraulic
    6. Others
  7. GLOBAL AIRCRAFT ACTUATOR MARKET BY TYPE, Market Size in USD Million (2019—2027)
    1. Introduction
    2. Linear
    3. Rotary
  8. GLOBAL AIRCRAFT ACTUATOR MARKET BY APPLICATION, Market Size in USD Million (2019—2027)
    1. Introduction
    2. Fight Control System
    3. Power Distribution System
    4. Land and Breaking Systems
    5. Fuel Management System
    6. Engine Control System
    7. Vibration Control System
    8. Others
  9. GLOBAL AIRCRAFT ACTUATOR MARKET BY END USER, Market Size in USD Million (2019—2027)
    1. Introduction
    2. Commercial Aircraft
    3. Military Aircraft
    4. Others
  10. GLOBAL AIRCRAFT ACTUATOR MARKET BY REGION, Market Size in USD Million (2019—2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Taiwan
      6. Rest of Asia-Pacific
    3. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    4. Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East & Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  11. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  12. COMPANY PROFILES
    1. Honeywell International Inc.
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Moog Inc.
    3. PARKER HANNIFIN CORP
    4. Collins Aerospace
    5. Safran
    6. NOOK Industries, Inc.
    7. CIRCOR International, Inc.
    8. Woodward, Inc.
    9. Electromech Technologies
    10. Arkwin Industries, Inc.
    11. Other Key Companies
  13. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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Albert Roy
October 30, 2020, 11:48
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