Aircraft Actuators Market - By Actuator Type (Hydraulic Actuators, Electromechanical Actuators (EMA), Pneumatic Actuators), By Aircraft Type (Fixed Wing, Rotary Wing), By Application, By End Use, By Installation Type, & Forecast, 2023 - 2032

Aircraft Actuators Market - By Actuator Type (Hydraulic Actuators, Electromechanical Actuators (EMA), Pneumatic Actuators), By Aircraft Type (Fixed Wing, Rotary Wing), By Application, By End Use, By Installation Type, & Forecast, 2023 - 2032

Aircraft actuators market size is projected to expand at over 7% CAGR from 2023 to 2032. The increasing demand for commercial aircraft, driven by the rising rate of air travel is contributing to the higher need for advanced actuators in aviation systems. Rapid technological advancements, such as electric actuators are making way for enhanced efficiency and reliability in aircraft operations.

The surging focus on fuel efficiency and environmental sustainability will encourage the integration of more sophisticated actuators in modern aircrafts. For instance, in October 2022, Moog Inc. announced its hardware's pivotal role in the successful launch and retrieval of an x-61A gremlins air vehicle during the fourth flight test program event at Dugway Proving Ground in Utah, U.S. The rising need for precise control systems is leading to the continuous evolution of aviation technology. Furthermore, the growth of unmanned aerial vehicles and military aircraft modernization initiatives will amplify the product demand.

The aircraft actuators market is segregated into actuators type, aircraft type, application, end-use, installation type, and region.

Based on actuators type, the market value from the pneumatic actuators segment is projected to rise at commendable CAGR between 2023 and 2032. This is attributed to their reliability, cost-effectiveness, and high power-to-weight ratio. The suitability of pneumatic actuators for various aircraft systems, including landing gear and brakes coupled with the increasing advancements in pneumatic actuation technology will drive the segment growth.

Aircraft actuators market share from the rotary wing aircraft segment is estimated to depict substantial CAGR from 2023 to 2032. The growth can be ascribed to the increasing demand for helicopters and other rotary-wing aircraft for military, commercial, and emergency services. The unique operational requirements of rotary-wing aircraft are also necessitating specialized actuators, fueling the segment expansion.

Regionally, the Europe aircraft actuators market size is projected to grow at over 5.5% CAGR from 2023 to 2032, owing to the surging demand for commercial and military aircraft, the increasing advancements in aviation technology, and the rising focus on fuel efficiency. The influx of stringent safety regulations and the robust presence of a well-established aerospace sector will also add to the regional market expansion.