The global aviation actuator systems market size is anticipated to register a considerable CAGR during the forecast period, 2021-2028. The growth of the market is attributed to the technological advancement in aircraft models.
The actuators help in movement and mechanics of the aircraft. A discount gear is included in the aircraft actuators and is used to control the rotating motion. Actuators are used in numerous applications in aviation, including controlling and limiting the aircraft's speed by adjusting levers and flaps. Strong vibrations, heat, and cold are all situations that aircraft actuators can resist. Furthermore, various aircraft actuators are used during an aircraft's landing procedure. Linear actuators, for example, are used to open the landing gear gate and decrease the landing gear's position, among other things. Landing gear has traditionally employed hydraulic actuators. However, with advancements in technology and reliability, electric actuators are becoming more used in modern aircraft. Moreover, piezoelectric aircraft actuators are utilized to control vibration and noise in aircraft.
The outbreak of COVID-19 pandemic had a negative influence on the market. Manufacturing units have had to suspend output as a result of the global lockdown enforced by governments, which is likely to impede the demand for aviation actuator systems. The market is expected to quickly recover, since various industries have restarted operations as COVID-19 instances have gradually reduced around the world.
Market Trends, Drivers, Restraints, and Opportunities
- Growing trend for advanced electronic components in the aviation industry is one of the key factors driving the market growth.
- Increasing passenger traffic across the world is expected to boost the market growth in the coming years.
- Rising demand for autonomy in aircraft operations is projected to fuel the market expansion during the forecast period.
- Leakage issues in hydraulic and pneumatic actuators presents a major challenge. This is anticipated to hamper the market growth in the projected period.
- Demand for digitalized and Internet of Things systems in the aviation industry is projected to create significant growth opportunities for the market in the near future.
Scope of the Report
The report on the global aviation actuator systems market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
| Attributes | Details |
| Report Title | Aviation Actuator Systems Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
| Base Year | 2020 |
| Historic Data | 2018–2019 |
| Forecast Period | 2021–2028 |
| Segmentation | Products (Electrohydraulic, Pneumatic, Mechanical, Hydraulic, and Electromechanical) |
| Regional Scope | Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
| Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
| Key Players Covered in the Report | Curtiss-Wright Corp.; Woodward, Inc.; UTC; Saab AB; Beaver MFG Co., Inc.; Rockwell Collins; Arkwin; Parker Aerospace; Merrill; Honeywell International Inc.; GE Aviation; Electromech Technologies; Eaton Corp., PLC; CESA; and Moog Inc. |
Market Segment Insights
Electrohydraulic segment to grow at a rapid pace
Based on products, the global aviation actuator systems market is divided into electrohydraulic, pneumatic, mechanical, hydraulic, and electromechanical. The electrohydraulic segment is expected to grow at a rapid pace during the forecast period owing to the characteristics, such as high-power density, energy savings, low investment costs, fail-safe functionality, and power capacity, and easy integration into existing infrastructure. However, the electromechanical segment is anticipated to hold a key share of the market in the coming years due to lightweight, more dispatch availability, fuel-efficient, low power consumption, compact, and reliability.
North America to constitute a key market share
In terms of regions, the global aviation actuator systems market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period attributed to the investment by key players in the redesigning process of international wide-body aircraft in the region. However, the market of Europe is anticipated to expand at a rapid pace during the forecast period owing to the vast number of ongoing projects across the region.
Segments
Segments Covered in the Report
The global aviation actuator systems market has been segmented on the basis of
Products
- Electrohydraulic
- Pneumatic
- Mechanical
- Hydraulic
- Electromechanical
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Curtiss-Wright Corp.
- Woodward, Inc.
- UTC
- Saab AB
- Beaver MFG Co., Inc.
- Rockwell Collins
- Arkwin
- Parker Aerospace
- Merrill
- Honeywell International Inc.
- GE Aviation
- Electromech Technologies
- Eaton Corp., PLC
- CESA
- Moog Inc.
Competitive Landscape
Key players competing in the global aviation actuator systems market are Curtiss-Wright Corp.; Woodward, Inc.; UTC; Saab AB; Beaver MFG Co., Inc.; Rockwell Collins; Arkwin; Parker Aerospace; Merrill; Honeywell International Inc.; GE Aviation; Electromech Technologies; Eaton Corp., PLC; CESA; and Moog Inc. As part of their efforts to expand their client base and acquire a competitive advantage over competitors, manufacturers operating in the market have adopted various strategic initiatives, such as partnerships, collaborations, and mergers & acquisitions. Moreover, companies are focusing on investment in R&D for development and launching of new products to maintain their competitive positions in the market.
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