Aircraft Actuators are used in a wide range of flight control systems, fuel management systems, power generation and transmission systems, and landing gear & braking systems among others. They have an important role to play in delivering the optimal flight experience for passengers and pilots alike. Their primary function is to convert input control signals into mechanical motion, which they transfer to different components onboard an aircraft. These actuators can be hydraulic or electrically powered. Several companies produce different types of actuation systems for commercial and defense aircraft programs.
Market Dynamics:
The rapid implementation of modern safety policies by major airlines is expected to drive growth of the global aircraft actuators market. This will enable airlines to meet the safety and security standards required by regulatory bodies.
However, high cost associated with these actuators is expected to hinder growth of the global aircraft actuators market during the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global aircraft actuators market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global aircraft actuators market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Heroux-Devtek Inc., Honeywell International Inc., Liebherr-International Deutschland GmbH, Raytheon Technologies Corporation, Nook Industries Inc., Parker Hannifin Corp., Electromech Technologies, Eaton Corporation PLC, Arkwin Industries Inc., Moog Inc., Woodward Inc., Safran SA, and Triumph Group
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global aircraft actuators market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global aircraft actuators market
Detailed Segmentation:
- Global Aircraft Actuators Market, By Type
- Global Aircraft Actuators Market, By System
- Hydraulic Actuators
- Electrical Actuators
- Pneumatic Actuators
- Mechanical Actuators
- Global Aircraft Actuators Market, By End User
- Commercial Aircraft
- Military Aircraft
- General Aviation Aircraft
- Global Aircraft Actuators Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Honeywell International Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Raytheon Technologies Corporation
- Parker Hannifin Corp.
- Eaton Corporation PLC
- Moog Inc.
- Safran SA
- Triumph Group
- Woodward Inc.
- Arkwin Industries Inc.
- Electromech Technologies
- Nook Industries Inc.
- Liebherr-International Deutschland GmbH
- Heroux-Devtek Inc.
*Browse all the market data tables and figures on “Global Aircraft Actuators Market- Forecast to 2030”
