There are several uses for aviation actuators in both avionics and aircraft. They can tolerate extreme conditions, such as jarring vibrations and chilly temperatures. In comparison to manual systems, they also provide greater dependability and efficiency. The rising demand for aerospace products, rising disposable income, and improvements in aircraft technology are the main drivers of this expansion. Increasing passenger volume and the number of airlines operating globally are anticipated to fuel market expansion for aircraft actuators over the next years. The market will benefit from the increased focus on creating commercial airplanes that use less fuel.
The global Aircraft Actuators Market size was valued at US$ 8.37 Billion in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 7.11% from 2022 to 2030.
Top Companies in the Aircraft Actuators Industry:
1. Heroux-Devtek Inc
Heroux-Devtek Inc was founded in 1942 and it’s headquarter in Longueuil, Canada. The Company operates in 140 countries. The Corporation specializes in the design, development, manufacture, and repair and overhaul of landing gear, actuation systems and components
2. Honeywell International Inc
Honeywell International Inc was launch in 1906. And its headquarter Charlotte, North Carolina, United States. It operate over 95 country. 2022 — Archer Aviation has selected Honeywell to supply flight control actuation technology for Archer's electric vertical take-off and landing
3. Liebherr-International Deutschland GmbH
Liebherr-International Deutschland GmbH , was launch in 1949 and it’s headquarter located in Baden-Wuerttemberg, 88400, Germany.it operate over 50 country. Liebherr develops an air supply system for the fuel cell dedicated to the propulsion of Airbus demonstrator aircraft.
4 Nook Industries Inc
Nook Industries Inc was launch in 1969 and it’s headquarter located in Cleveland, Ohio. It operate over 68+ country. Nook Industries manufacturers linear motion solutions including, precision ball screw, acme screw, screw jack, linear actuator
5. Parker Hannifin Corp
Parker Hannifin Corp Founded in 2017, its headquarters located in Cleveland, Ohio, United States. With businesses in over 55 countries. In April 2019, Parker Hannifin Corporation announced the acquisition of LORD Corporation for around US$ 3.6 billion.
6. Electromech Technologies,
Electromech Technologies, was launch 1968 and its headquarter Wichita, Kansas, 67217, United States . It operate over 60 country Electromech Technologies custom designs and engineers several actuators for the Aerospace Industry, including linear and rotary actuators.
7. Woodward Inc .
Woodward Inc. Founded in 1870. Its headhunters Fort Collins, Colorado, United States.With businesses in over 13 countries.
Definition: Aircraft Actuators are used in a variety of applications across aircraft and avionics. They are able to withstand harsh environments, including strong vibrations and cold temperatures. They also offer increased reliability and efficiency as compared to manual systems. .
