Global Aviation Actuator Systems Market Growth 2023-2029

Global Aviation Actuator Systems Market Growth 2023-2029

Actuators in aircraft play a vital role for flight and control; often their operation ensures the safety of the aircraft and every passenger on board.

In the past, airplanes have been fitted with hydraulic actuators. Airline companies are beginning to fit airplanes with electric actuators, because of better technology and more reliability. These heavy-duty linear actuators are manufactured to stand up to high pressure, peaking sometimes above 5,000psi. Because they are very close to the ground at high speeds, they must be built incredibly strong so they are not damaged by debris that is kicked up by wheels.

LPI (LP Information)' newest research report, the “Aviation Actuator Systems Industry Forecast” looks at past sales and reviews total world Aviation Actuator Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Aviation Actuator Systems sales for 2023 through 2029. With Aviation Actuator Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aviation Actuator Systems industry.

This Insight Report provides a comprehensive analysis of the global Aviation Actuator Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aviation Actuator Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aviation Actuator Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aviation Actuator Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aviation Actuator Systems.

The global Aviation Actuator Systems market size is projected to grow from US$ 771.4 million in 2022 to US$ 1035.3 million in 2029; it is expected to grow at a CAGR of 1035.3 from 2023 to 2029.

North America is expected to exhibit high growth over the forecast period. North-American Airlines is expected to invest in the redesigning process of international wide-body aircraft. Air traffic in Europe is expected to increase, requiring significant upgrading. Manufacturers in this region are aiming at emission free and fuel-efficient aircrafts with efficient aviation actuator systems.

This report presents a comprehensive overview, market shares, and growth opportunities of Aviation Actuator Systems market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Electric
Electromechanical
Electrohydraulic
Electrohydrostatic

Segmentation by application
Commercial Market
Military Market

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sitec Aerospace
Rockwell Collins
Honeywell
Eaton
Moog
SAAB
Parker
Woodward
UTC
Curtiss Wright
Beaver
Merrill
GE Aviation
Arkwin
Electromech Technologies

Key Questions Addressed in this Report

What is the 10-year outlook for the global Aviation Actuator Systems market?

What factors are driving Aviation Actuator Systems market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Aviation Actuator Systems market opportunities vary by end market size?

How does Aviation Actuator Systems break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.