Aviation Actuator Systems Market

Aviation Actuator Systems Market by Products (Electrohydraulic, Pneumatic, Mechanical, Hydraulic, and Electromechanical) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: AD-3471
  • Author: Growth Market Reports
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  • No. Of Pages: 176
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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.

Aviation Actuator Systems Market key takeaways

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.

Aviation Actuator Systems Market by products

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.

Aviation Actuator Systems Market by regions

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.

Aviation Actuator Systems Market by key players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aviation Actuator Systems Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Aviation Actuator Systems Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Aviation Actuator Systems Market - Supply Chain
  4.5. Global Aviation Actuator Systems Market Forecast
     4.5.1. Aviation Actuator Systems Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Aviation Actuator Systems Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Aviation Actuator Systems Market Absolute $ Opportunity
5. Global Aviation Actuator Systems Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Aviation Actuator Systems Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Aviation Actuator Systems Demand Share Forecast, 2019-2026
6. North America Aviation Actuator Systems Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Aviation Actuator Systems Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Aviation Actuator Systems Demand Share Forecast, 2019-2026
7. Latin America Aviation Actuator Systems Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Aviation Actuator Systems Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Aviation Actuator Systems Demand Share Forecast, 2019-2026
8. Europe Aviation Actuator Systems Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Aviation Actuator Systems Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Aviation Actuator Systems Demand Share Forecast, 2019-2026
9. Asia Pacific Aviation Actuator Systems Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Aviation Actuator Systems Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Aviation Actuator Systems Demand Share Forecast, 2019-2026
10. Middle East & Africa Aviation Actuator Systems Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Aviation Actuator Systems Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Aviation Actuator Systems Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Aviation Actuator Systems Market: Market Share Analysis
  11.2. Aviation Actuator Systems Distributors and Customers
  11.3. Aviation Actuator Systems Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Curtiss-Wright Corp.
     11.4.2. Woodward, Inc.
     11.4.3. UTC
     11.4.4. Saab AB
     11.4.5. Beaver MFG Co., Inc.
     11.4.6. Rockwell Collins
     11.4.7. Arkwin
     11.4.8. Parker Aerospace

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.

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.

Aviation Actuator Systems Market by key players

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