Reports

Global Aircraft Actuators Market to Grow at a CAGR of 6.20% During 2022-2027, Aided by Rising Demand for Commercial Aircrafts

Aircraft Actuator Market

Global Aircraft Actuator Market: By Type: Linear, Rotary; By System: Hydraulic Actuators, Electrical Actuators, Pneumatic Actuators, Mechanical Actuators; By End User: Commercial Aircraft, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Aircraft Actuator Market Outlook

The global aircraft actuator market stood at a value of around USD 14.3 billion in 2021. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 6.20% to reach USD 20.7 billion by 2027.

 

The Pneumatic Actuators Segment to Hold a Significant Share in the Global Aircraft Actuator Industry

The speed and force delivered by pneumatic actuators are extremely high. Hence, the segment has a high demand in linear motion control applications. There is no overheating problem in pneumatic actuators, which is a major advantage in this system. In addition to this, pneumatic actuators are highly durable and reliable and can be used in the long run.

 

Global Aircraft Actuator Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Furthermore, the cost-effectiveness offered by this segment is likely to propel the demand for the product in the commercial aircraft segment. These factors are expected to aid the market in the forecast period.

 

North America Accounts for the Largest Share in the Aircraft Actuator Industry

The aircraft actuator industry in North America is driven by a strong foothold of the major aircraft manufacturers in the region, coupled with the growing investments to upgrade commercial aircraft to bolster the comfort of passengers. The increasing inclination of passengers towards travelling via air is likely to aid the market. This can be attributed to the rising disposable income and increasing population in the region. Furthermore, the presence of technologically advanced infrastructure in countries like the United States and Canada is anticipated to augment the market in the region in the forecast period.

 

Aircraft Actuator: Market Segmentation

An aircraft actuator is defined as a device installed in an aircraft that converts electrical signals into mechanical movement. Actuators in aircraft have the power to control the velocity and engine speed by re-positioning levers and flaps. This device is found in water system, air system, oxygen system, and fuel system, among others in an aircraft.

 

Global Aircraft Actuator Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Based on type, the market can be bifurcated into:

  • Linear
  • Rotary

Based on system, the market has been segmented into:

  • Hydraulic Actuators
  • Electrical Actuators
  • Pneumatic Actuators
  • Mechanical Actuators

On the basis of end user, the market is segmented into:

  • Commercial Aircraft
  • Military Aircraft

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Application of Aircraft Actuators in the Military and Defence Sector to Boost the Growth of the Aircraft Actuator Industry

The rising application of aircraft actuators in military aircraft owing to the rising defence expenditure in emerging economies of the world is driving the market. Additionally, rapid urbanisation, the growing inclination of manufacturers towards developing lightweight aircraft, and the thriving aviation industry in developing and developed countries are some of the major factors propelling the market growth. Over the forecast period, a high demand estimated for light combat aircraft, owing to the rising geopolitical tensions and increasing risk of military confrontation, will drive the demand for actuators. Furthermore, the market is expected to be aided by the growing demand for electric actuators to achieve greater efficiency and cost cutting of fuel.

 

Global Aircraft Actuator Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Key Industry Players in the Global Aircraft Actuator Market

The report gives a detailed analysis of the following key players in the global aircraft actuator market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Honeywell International Inc.
  • Collins Aerospace
  • Parker-Hannifin Corporation
  • Moog Inc.
  • Eaton 
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report:

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, System, End User, Region
Breakup by Type  Linear, Rotary
Breakup by System  Hydraulic Actuators, Electrical Actuators, Pneumatic Actuators, Mechanical Actuators
Breakup by End User  Commercial Aircraft, Military Aircraft
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Honeywell International Inc., Collins Aerospace, Parker-Hannifin Corporation, Moog Inc., Eaton, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Aircraft Actuator Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Aircraft Actuator Historical Market (2018-2022) 
    8.3    Global Aircraft Actuator Market Forecast (2023-2028)
    8.4    Global Aircraft Actuator Market by Type 
        8.4.1    Linear
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Rotary
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
    8.5    Global Aircraft Actuator Market by System 
        8.5.1    Hydraulic Actuators
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Electrical Actuators
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Pneumatic Actuators
            8.5.3.1    Historical Trend (2018-2022)
            8.5.3.2    Forecast Trend (2023-2028)
        8.5.4    Mechanical Actuators
            8.5.4.1    Historical Trend (2018-2022)
            8.5.4.2    Forecast Trend (2023-2028)
    8.6    Global Aircraft Actuator Market by End User 
        8.6.1    Commercial Aircraft
            8.6.1.1    Historical Trend (2018-2022)
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Military Aircraft
            8.6.2.1    Historical Trend (2018-2022)
            8.6.2.2    Forecast Trend (2023-2028)
    8.7    Global Aircraft Actuator Market by Region       
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2022) 
            8.7.1.2    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2022) 
            8.7.2.2    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2022) 
            8.7.3.2    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2022) 
            8.7.4.2    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2022) 
            8.7.5.2    Forecast Trend (2023-2028)
9    North America Aircraft Actuator Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Aircraft Actuator Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Aircraft Actuator Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Aircraft Actuator Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Aircraft Actuator Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Honeywell International Inc.
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Collins Aerospace
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Parker-Hannifin Corporation
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Moog Inc.
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Eaton 
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Others
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Aircraft Actuator Market: Key Industry Highlights, 2018 and 2028
2.    Global Aircraft Actuator Historical Market: Breakup by Type (USD Billion), 2018-2022
3.    Global Aircraft Actuator Market Forecast: Breakup by Type (USD Billion), 2023-2028
4.    Global Aircraft Actuator Historical Market: Breakup by System (USD Billion), 2018-2022
5.    Global Aircraft Actuator Market Forecast: Breakup by System (USD Billion), 2023-2028
6.    Global Aircraft Actuator Historical Market: Breakup by End User (USD Billion), 2018-2022
7.    Global Aircraft Actuator Market Forecast: Breakup by End User (USD Billion), 2023-2028
8.    Global Aircraft Actuator Historical Market: Breakup by Region (USD Billion), 2018-2022
9.    Global Aircraft Actuator Market Forecast: Breakup by Region (USD Billion), 2023-2028
10.    North America Aircraft Actuator Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    North America Aircraft Actuator Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Europe Aircraft Actuator Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Europe Aircraft Actuator Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Asia Pacific Aircraft Actuator Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Asia Pacific Aircraft Actuator Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Latin America Aircraft Actuator Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Latin America Aircraft Actuator Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Middle East and Africa Aircraft Actuator Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Middle East and Africa Aircraft Actuator Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Global Aircraft Actuator Market Structure

Key Questions Answered in the Report

What was the global aircraft actuator market size in 2021?

In 2021, the global aircraft actuator market attained a value of nearly USD 14.3 billion.

What is the growth rate of the market?

The market is estimated to grow at a CAGR of 6.20% between 2023 and 2028.

What is the forecast outlook of the market for 2023-2028?

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 20.7 billion by 2027.

What are the major regional markets of aircraft actuator, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.

What are the major industry drivers?

The major drivers of the industry, such as the rising application of aircraft actuators in the aviation industry, increasing government investments in the military and defence sector, and the growing demand for electric actuators, are expected to aid the market growth.

What are the key industry trends of the global aircraft actuator market?

The key market trends guiding the growth of the industry include the growing technological advancements and the increasing R&D activities in the aviation industry.

What are the major types of aircraft actuators in the market?

Linear and rotary are the major aircraft actuator types in the market.

What are the major segments based on system, considered within the market report?

Hydraulic actuators, electrical actuators, pneumatic actuators, and mechanical actuators are the major segments based on system, considered within the market report.

What are the different end users of aircraft actuators?

Commercial aircraft and military aircraft are the different end users of the product.

Who are the key industry players, according to the report?

The major players in the industry are Honeywell International Inc., Collins Aerospace, Parker-Hannifin Corporation, Moog Inc., and Eaton, among others.

Analyst Review

The global aircraft actuator market attained a value of USD 14.3 billion in 2021, driven by the growing aviation industry in emerging economies. Aided by the rapid technological advancements in the aerospace and defence industry, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 6.20%. The market is projected to reach USD 20.7 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is divided into linear and rotary. On the basis of system, the market is divided into hydraulic actuators, electrical actuators, pneumatic actuators, and mechanical actuators. The significant end users of the product include commercial aircraft and military aircraft. The major regional markets for aircraft actuator are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest market share. The key players in the above market include Honeywell International Inc., Collins Aerospace, Parker-Hannifin Corporation, Moog Inc., and Eaton, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1699
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Single User License

$2799
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now
most popular

Five User License

$3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Corporate License

$4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER