Military Actuator Market Report: Trends, Forecast and Competitive Analysis to 2030

Military Actuator Market Report: Trends, Forecast and Competitive Analysis to 2030

Military Actuator Trends and Forecast

The future of the global military actuator market looks promising with opportunities in the hydraulic actuator, electrical actuator, pneumatic actuator, and mechanical actuator markets. The global military actuator market is expected to reach an estimated $3.1 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are creation of contemporary combat platforms and integration of cutting-edge robotics, automation technology into defense systems, and increasing use of unmanned technologies, such as unmanned ground vehicles (UGVs) and unmanned aerial vehicles (UAVs).

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Military Actuator by Segment

The study includes a forecast for the global military actuator by component, system, type, application, and region.

Military Actuator Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Cylinders
• Drives
• Servo Valves
• Manifolds
• Others

Military Actuator Market by System [Shipment Analysis by Value from 2018 to 2030]:

• Hydraulic Actuator
• Electrical Actuator
• Pneumatic Actuator
• Mechanical Actuator
• Others

Military Actuator Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Linear Actuators
• Rotary Actuators
• Multi-Axis Positioning Actuators
• Semi-Rotary Actuators

Military Actuator Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Air
• Land
• Naval
• Others

Military Actuator Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Military Actuator Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies military actuator companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the military actuator companies profiled in this report include-

• Curtiss-Wright
• Moog
• Parker Hannifin
• Honeywell
• Triumph Group
• Venture Mfg
• Meggitt
• Kyntronics
• Nook Industries
• Parker Hannifin

Military Actuator Market Insights

Lucintel forecasts that cylinder will remain the largest segment over the forecast period because of the application in military and defense vehicles for the storage, transportation, and distribution of gases.

North America will remain the largest region over the forecast period because of the region's concentration of many significant combat aircraft manufacturers, including lockheed martin and northrop grumman, as well as actuation system suppliers, like UTC and honeywell.

Features of the Global Military Actuator Market

Market Size Estimates: Military actuator market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Military actuator market size by various segments, such as by component, system, type, application, and region in terms of value ($B).

Regional Analysis: Military actuator market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different component, system, type, application, and regions for the military actuator market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the military actuator market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the military actuator market size?

Answer: The global military actuator market is expected to reach an estimated $3.1 billion by 2030.

Q2. What is the growth forecast for military actuator market?

Answer: The global military actuator market is expected to grow with a CAGR of 5.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the military actuator market?

Answer: The major drivers for this market are creation of contemporary combat platforms and integration of cutting-edge robotics, automation technology into defense systems, and increasing use of unmanned technologies, such as unmanned ground vehicles (UGVs) and unmanned aerial vehicles (UAVs).

Q4. What are the major segments for military actuator market?

Answer: The future of the global military actuator market looks promising with opportunities in the hydraulic actuator, electrical actuator, pneumatic actuator, and mechanical actuator markets.

Q5. Who are the key military actuator market companies?

Answer: Some of the key military actuator companies are as follows:

• Curtiss-Wright
• Moog
• Parker Hannifin
• Honeywell
• Triumph Group
• Venture Mfg
• Meggitt
• Kyntronics
• Nook Industries
• Parker Hannifin

Q6. Which military actuator market segment will be the largest in future?

Answer: Lucintel forecasts that cylinder will remain the largest segment over the forecast period because of the application in military and defense vehicles for the storage, transportation, and distribution of gases.

Q7. In military actuator market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period because of the region's concentration of many significant combat aircraft manufacturers, including lockheed martin and northrop grumman, as well as actuation system suppliers, like UTC and honeywell.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the military actuator market by component (cylinders, drives, servo valves, manifolds, and others), system (hydraulic actuator, electrical actuator, pneumatic actuator, mechanical actuator, and others), type (linear actuators, rotary actuators, multi-axis positioning actuators, and semi-rotary actuators), application (air, land, naval, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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