Electromechanical devices known as aircraft actuators are employed in the aerospace sector to regulate the movement of several aircraft parts, including landing gear, slats, and flaps. With a projected valuation of USD 10.45 billion in 2022, the Aircraft Actuator Market is anticipated to expand at a compound annual growth rate (CAGR) of 8.5%. These gadgets, which oversee precisely controlling the movement and positioning of aircraft components, are essential to the safe functioning of an airplane.
Because they regulate many different systems and motions within an aircraft, including as the landing gear, flight control surfaces, and other vital parts, aircraft actuators are vital to the aviation industry. Actuators, among other novel and effective aircraft components, are in high demand due to the aviation industry's overall growth and expansion. The demand for certain aircraft components, such as actuators, is contingent upon the quantity of new aircraft orders placed by both military and commercial entities. The primary drivers of the market are aerospace suppliers and aircraft manufacturers.
Commercial, military, and general aviation aircraft all often employ aircraft actuators, which are made to endure the demanding loads and challenging weather encountered in flight. They can be operated manually or by means of a computerized control system, and they are usually driven by hydraulic or electric motors.
In addition, the market is divided by applications such as landing gear systems, flight control systems, and others. The market is anticipated to be dominated by the flight control system segment due to the growing demand for sophisticated fly-by-wire systems and the increase in aircraft orders from commercial airlines.
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The market for aircraft actuators is quite competitive, with many companies providing a variety of goods to cater to the various demands of the aviation sector. The market is driven by improvements in aircraft systems technology as well as the growing need for more dependable and efficient aircraft parts.
Key Companies
Honeywell International Inc., Eaton, Moog Inc., Parker Hannifin Corp, Safran, Meggit Plc., Woodward Inc., Sitec Aerospace GmbH, Progressive Automation Inc, Tamagawa seiki Co. Ltd., Aero Space Controls Corporation, Beaver Aerospace & Defense Inc., Rockwell Collins, and Curtiss-Wright.
Market Segmental Analysis
Country Scope
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria
By end-user
Commercial aircraft
Military aircraft
By actuators type
Hydraulic
Pneumatic
Electric
Electromechanical
Electrohydrostatic
By motion
Linear
Rotary
By platform
fixed wing
rotary wing
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The global aircraft actuator market size is projected to reach USD 16.98 billion by the end of 2026.
According to a report by Fortune Business Insights, titled “Aircraft Actuator Market Size, Share and Global Trend By Motion (Linear, Rotary), By Actuator Type (Hydraulic, Pneumatic, Electric, Electromechanical, Electrohydrostatic), By Platform (Fixed-Wing, Rotary-Wing), By Installation (Power Generation & Distribution System, Flight Control System, Fuel Management System, Landing Gear & Braking System, Passenger Comfort, and others), and Geography Forecast till 2026,” the market was worth USD 14.85 billion in 2018 and will exhibit a CAGR of 3.12% during the forecast period, 2019-2026.An actuator is a system that is used for controlling the movement functions of an aircraft.
The product regulates the motion and flow of the aircraft; an integral function as far as the operation of the system is concerned.
We understand that this health crisis has brought an unprecedented impact on businesses across industries.
List of leading companies that are operating in the aircraft actuator market include;Eaton Corporation Inc.Honeywell International Inc.Lockheed Martin CorporationMoog Inc.Northrop Grumman CorporationParker Hannifin CorporationRockwell CollinsSaab AB (Sweden)Sitec Aerospace GmbH (Germany)TAMAGAWA SEIKI Co.Ltd.
The massive investments towards the adoption of modern actuators will bode well for the growth of the regional market.
The global aircraft actuator market size is projected to reach USD 16.98 billion by the end of 2026.
Recent technological advancements have played a huge part in the growth of the market in recent years.
According to a report by Fortune Business Insights, titled “Aircraft Actuator Market Size, Share and Global Trend By Motion (Linear, Rotary), By Actuator Type (Hydraulic, Pneumatic, Electric, Electromechanical, Electrohydrostatic), By Platform (Fixed-Wing, Rotary-Wing), By Installation (Power Generation & Distribution System, Flight Control System, Fuel Management System, Landing Gear & Braking System, Passenger Comfort, and others), and Geography Forecast till 2026,” the market was worth USD 14.85 billion in 2018 and will exhibit a CAGR of 3.12% during the forecast period, 2019-2026.An actuator is a system that is used for controlling the movement functions of an aircraft.
The high investments towards the development of efficient actuators, driven by the demand for efficient and faster products, will have a positive impact on the growth of the market in the coming years.
Among all factors, the increasing number of product launches has made a huge impact on the growth of the market in recent times.
The emphasis on the adoption of technologically advanced products has compelled companies to introduce newer products at a rapid pace.
The aircraft actuator market report includes several factors that have made an impact on the growth of the market in recent years.
It discusses a few of the major industry developments of recent times.
Among all factors, the increasing number of product launches has made a huge impact on the growth of the market in recent times.The report includes several factors that have made an impact on the growth of the market in recent years.
Among all factors, the increasing number of product launches has made a huge impact on the growth of the market in recent times.A few of the leading companies that are operating in the market include:Eaton Corporation Inc. (the U.S.)Honeywell International Inc. (the U.S.)Lockheed Martin Corporation (the U.S.)Moog Inc. (the U.S.)Northrop Grumman Corporation (the U.S.)Parker Hannifin Corporation (the U.S.)Rockwell Collins (the U.S.)Saab AB (Sweden)Sitec Aerospace GmbH (Germany)TAMAGAWA SEIKI Co.Ltd.
(Japan)The Boeing Company (the U.S.)Woodward Inc. (the U.S.)
The global Chain Actuator market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019–2025.This report focuses on Chain Actuator volume and value at global level, regional level and company level.
From a global perspective, this report represents overall Chain Actuator market size by analyzing historical data and future prospect.
Regionally, this report focuses on several key regions: North America, Europe, China and Japan.At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-chain-actuator-2019-178The following manufacturers are covered:Rotork PlcPentair PlcHoneywell International Inc.Emerson ElectricCameron International CorporationRockwell AutomationSerapidTsubaki DeutschlandFramo MoratRevolvyAcrodyneAscendant Technologies LtdLi Jin Industrial Co., LtdSegment by RegionsNorth AmericaEuropeChinaJapanSegment by TypePneumatic ActuatorsHydraulic ActuatorsMechanical ActuatorsElectrical ActuatorsSegment by ApplicationOil and GasWater and Waste WaterPulp and PaperPowerChemicalMiningFood and BeverageOthersGet the Complete Report & TOC @ https://www.grandresearchstore.com/manufacturing-and-construction/global-chain-actuator-2019-178Table of contentExecutive Summary1 Chain Actuator Market Overview1.1 Product Overview and Scope of Chain Actuator1.2 Chain Actuator Segment by Type1.2.1 Global Chain Actuator Production Growth Rate Comparison by Type (2014–2025)1.2.2 Pneumatic Actuators1.2.3 Hydraulic Actuators1.2.4 Mechanical Actuators1.2.5 Electrical Actuators1.3 Chain Actuator Segment by Application1.3.1 Chain Actuator Consumption Comparison by Application (2014–2025)1.3.2 Oil and Gas1.3.3 Water and Waste Water1.3.4 Pulp and Paper1.3.5 Power1.3.6 Chemical1.3.7 Mining1.3.8 Food and Beverage1.3.9 Others1.3 Global Chain Actuator Market by Region1.3.1 Global Chain Actuator Market Size Region1.3.2 North America Status and Prospect (2014–2025)1.3.3 Europe Status and Prospect (2014–2025)1.3.4 China Status and Prospect (2014–2025)1.3.5 Japan Status and Prospect (2014–2025)1.3.6 Southeast Asia Status and Prospect (2014–2025)1.3.7 India Status and Prospect (2014–2025)1.4 Global Chain Actuator Market Size1.4.1 Global Chain Actuator Revenue (2014–2025)1.4.2 Global Chain Actuator Production (2014–2025)CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store/
