Global Aerospace Actuators Market Research Report By Technology, by Aircraft Type, by Actuation, by System, by Platform and By Region Forecast Till 2032

Description

List of Tables

Global Aerospace Actuators Market Research Report By Technology (Full-Electric, Hydraulic, Electric Hybrid, Mechanical, Pneumatic), by Aircraft Type (Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles), by Actuation (Linear, Rotary), by System (Flight Control System, Landing & Braking System, Thrust Reverser Actuation System , Power Generation System, Fuel Distribution System, Fuel Storage System, Payload Management System , Cabin Actuation System), by Platform (Commercial Aviation, Military Aviation, Business & General Aviation) and By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) Forecast Till 2032

Overview of the Market

In 2023, the market for aerospace actuators was estimated to be worth USD 9721.03 million. With a compound annual growth rate (CAGR) of 7.4% from 2024 to 2032, the aerospace actuators market is expected to increase from USD 10372.3 million in 2024 to USD 18310.06 million by 2032. The market for aerospace actuators is expanding rapidly due to several important considerations. Due to several factors, including the increasing need for lightweight and energy-efficient aircraft, the growing use of electric actuation systems, and the increased emphasis on safety precautions, the aerospace actuator market is expanding at a healthy rate globally. These factors are propelling the market's expansion as the sector looks for ever-better solutions.

A number of variables, including rising aircraft deliveries and an increase in air travel from various growing nations, are driving the considerable development rate of the worldwide aerospace actuator market.

The increasing needs of commercial aircraft as a result of the consistent expansion in passenger and freight traffic have a significant impact on the global aerospace actuator industry. During the forecast period, the growth rates of emerging markets should return to historical norms, as areas such as South Asia, Southeast Asia, and Africa have seen notable passenger growth and are expected to continue to expand at high rates.

Perspectives on Market Segments

The market for aerospace actuators has been divided into five segments based on technology: full-electric, hydraulic, electric hybrid, mechanical, and pneumatic.

The market has been divided into Fixed Wing, Rotary Wing, and Unmanned Aerial Vehicles based on the kind of aircraft.

The market for aerospace actuators has been divided into two segments based on actuators: linear and rotary.

Flight control systems, landing and braking systems, thrust reverser actuators, power generation systems, fuel distribution systems, fuel storage systems, payload management systems, and cabin actuators are the market segments based on system.

Regional Perspectives

The United States, Canada, and Mexico make up North America. Demand for aerospace actuators is rising in North America due to several causes, A few changes have occurred in the North American aviation actuator market in recent years, as major industry players have increased their market share and introduced new products.

The study's Europe region includes the UK, Germany, France, and the rest of Europe. The market for European airlines is anticipated to grow gradually over the next several years due to rising demand for sophisticated aircraft and technological advancements. The regulatory framework for avionics systems, including aircraft parts and systems, is well-established in Europe.

Asia-Pacific the aerospace sector is expanding significantly in the Asia-Pacific region. To upgrade their defense capabilities, many of these nations are raising their defense budgets.

Key Players

Safran, Eaton Corporation, Woodward Inc., Raytheon Technologies Corporation, Astronics Corporation, ITT, Ametek, Curtis WrigHT, SAM GmbH, Liebherr, Honeywell International Inc., Nabtesco Corporation, Moog Inc., SaAB AB, and Arkwine Industries Inc. are the major suppliers in the market.

Product Code: MRFR/A&D/26908-CR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
- 3.6.2 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 GROWING DEMAND FOR LIGHTWEIGHT AND FUEL-EFFICIENT AIRCRAFT
- 4.2.2 INCREASING USE OF ELECTRIC ACTUATION SYSTEMS
- 4.2.3 RISING DEMAND FOR AIRCRAFT WITH ENHANCED SAFETY FEATURES
4.3 RESTRAINT
- 4.3.1 HIGH COST OF DEVELOPMENT AND MANUFACTURING
- 4.3.2 STRINGENT REGULATORY REQUIREMENTS
4.4 OPPORTUNITY
- 4.4.1 INTEGRATION OF ADVANCED TECHNOLOGIES, SUCH AS IOT AND AI
- 4.4.2 GROWING DEMAND FOR REGIONAL AND BUSINESS JETS
4.5 MARKET & TECHNOLOGY TRENDS
- 4.5.1 INCREASING DEMAND FOR COMMERCIAL AIRCRAFT
- 4.5.2 RISING FOCUS ON MORE ELECTRIC AIRCRAFT (MEA)
- 4.5.3 ELECTRIC AND SMARTER ACTUATORS GAINING POPULARITY
- 4.5.4 ADDITIVE MANUFACTURING AND ADVANCED MATERIALS
- 4.5.5 LIGHTWEIGHT ACTUATORS GAINING TRACTION
- 4.5.6 FLY-BY-WIRE (FBW) SYSTEMS
4.6 COVID IMPACT ANALYSIS
- 4.6.1 IMPACT ON OVERALL AEROSPACE AND DEFENSE
- 4.6.2 IMPACT ON GLOBAL AEROSPACE ACTUATORS MARKET
- 4.6.3 IMPACT ON SUPPLY CHAIN OF AEROSPACE ACTUATORS MARKET
- 4.6.4 IMPACT ON MARKET DEMAND OF AEROSPACE ACTUATORS MARKET
- 4.6.5 IMPACT ON PRICING OF AEROSPACE ACTUATORS MARKET

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIALS SUPPLIERS:
- 5.1.2 COMPONENT MANUFACTURERS:
- 5.1.3 ACTUATOR MANUFACTURERS:
- 5.1.4 SYSTEM INTEGRATORS:
- 5.1.5 AIRCRAFT MANUFACTURERS:
- 5.1.6 END USERS:
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS (MODERATE):
- 5.2.2 BARGAINING POWER OF SUPPLIERS (LOW):
- 5.2.3 BARGAINING POWER OF BUYERS (MODERATE):
- 5.2.4 THREAT OF SUBSTITUTE PRODUCTS (LOW):
- 5.2.5 RIVALRY AMONG EXISTING COMPETITORS (HIGH):
5.3 REULATORY LANDSCAPE
5.4 PATENTS TREND ANALYSIS
5.5 MARKET SWOT ANALYSIS
5.6 MARKET PESTEL ANALYSIS
- 5.6.1 POLITICAL:
- 5.6.2 ECONOMIC:
- 5.6.3 SOCIAL:
- 5.6.4 TECHNOLOGICAL:
- 5.6.5 ENVIRONMENTAL:
- 5.6.6 LEGAL:

6 GLOBAL AEROSPACE ACTUATORS MARKET, BY TECHNOLOGY

6.1 INTRODUCTION
6.2 FULL-ELECTRIC
6.3 HYDRAULIC
6.4 ELECTRIC HYBRID
6.5 MECHANICAL
6.6 PNEUMATIC

7 GLOBAL AEROSPACE ACTUATORS MARKET, BY AIRCRAFT TYPE

7.1 INTRODUCTION
7.2 FIXED WING
7.3 ROTARY WING
7.4 UNMANNED AERIAL VEHICLES

8 GLOBAL AEROSPACE ACTUATORS MARKET, BY ACTUATION

8.1 INTRODUCTION
8.2 LINEAR
8.3 ROTARY

9 GLOBAL AEROSPACE ACTUATORS MARKET, BY SYSTEM

9.1 INTRODUCTION
9.2 FLIGHT CONTROL SYSTEM
9.3 LANDING & BRAKING SYSTEM
9.4 THRUST REVERSER ACTUATION SYSTEM
9.5 POWER GENERATION SYSTEM
9.6 FUEL DISTRIBUTION SYSTEM
9.7 FUEL STORAGE SYSTEM
9.8 PAYLOAD MANAGEMENT SYSTEM
9.9 CABIN ACTUATION SYSTEM

10 GLOBAL AEROSPACE ACTUATORS MARKET, BY INSTALLATION TYPE

10.1 INTRODUCTION
10.2 OEM
10.3 RETROFIT

11 GLOBAL AEROSPACE ACTUATORS MARKET, BY PLATFORM

11.1 INTRODUCTION
11.2 COMMERCIAL AVIATION
11.3 MILITARY AVIATION
11.4 BUSINESS & GENERAL AVIATION

12 GLOBAL AEROSPACE ACTUATORS MARKET, BY REGION

12.1 OVERVIEW
12.2 NORTH AMERICA
- 12.2.1 US
- 12.2.2 CANADA
- 12.2.3 MEXICO
12.3 EUROPE
- 12.3.1 UK
- 12.3.2 GERMANY
- 12.3.3 FRANCE
- 12.3.4 ITALY
- 12.3.5 SPAIN
- 12.3.6 SWEDEN
- 12.3.7 DENMARK
- 12.3.8 TURKEY
- 12.3.9 REST OF EUROPE
12.4 ASIA PACIFIC
- 12.4.1 CHINA
- 12.4.2 JAPAN
- 12.4.3 INDIA
- 12.4.4 AUSTRALIA
- 12.4.5 SOUTH KOREA
- 12.4.6 REST OF ASIA PACIFIC
12.5 MIDDLE EAST & AFRICA
- 12.5.1 UAE
- 12.5.2 SAUDI ARABIA
- 12.5.3 SOUTH AFRICA
- 12.5.4 REST OF MIDDLE EAST & AFRICA
12.6 SOUTH & CENTRAL AMERICA
- 12.6.1 BRAZIL
- 12.6.2 ARGENTINA
- 12.6.3 CHILE
- 12.6.4 REST OF SOUTH & CENTRAL AMERICA

13 COMPETITIVE LANDSCAPE

13.1 INTRODUCTION
13.2 COMPETITION DASHBOARD
13.3 MARKET SHARE ANALYSIS, 2023
13.4 PUBLIC PLAYERS STOCK SUMMARY
13.5 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL
13.6 RECENT DEVELOPMENTS
- 13.6.1 PRODUCT DEVELOPMENT

14 COMPANY PROFILES

14.1 SAAB AB
- 14.1.1 COMPANY OVERVIEW
- 14.1.2 FINANCIAL OVERVIEW
- 14.1.3 PRODUCTS OFFERED
- 14.1.4 KEY DEVELOPMENTS
- 14.1.5 SWOT ANALYSIS
- 14.1.6 KEY STRATEGIES
14.2 MOOG INC.
- 14.2.1 COMPANY OVERVIEW
- 14.2.2 FINANCIAL OVERVIEW
- 14.2.3 PRODUCTS OFFERED
- 14.2.4 KEY DEVELOPMENTS
- 14.2.5 SWOT ANALYSIS
- 14.2.6 KEY STRATEGIES
14.3 LIEBHERR
- 14.3.1 COMPANY OVERVIEW
- 14.3.2 FINANCIAL OVERVIEW
- 14.3.3 PRODUCTS OFFERED
- 14.3.4 KEY DEVELOPMENTS
- 14.3.5 SWOT ANALYSIS
- 14.3.6 KEY STRATEGIES
14.4 HONEYWELL INTERNATIONAL INC
- 14.4.1 COMPANY OVERVIEW
- 14.4.2 FINANCIAL OVERVIEW
- 14.4.3 PRODUCTS OFFERED
- 14.4.4 KEY DEVELOPMENTS
- 14.4.5 SWOT ANALYSIS
- 14.4.6 KEY STRATEGIES
14.5 NABTESCO CORPORATION
- 14.5.1 COMPANY OVERVIEW
- 14.5.2 FINANCIAL OVERVIEW
- 14.5.3 PRODUCTS OFFERED
- 14.5.4 KEY DEVELOPMENTS
- 14.5.5 SWOT ANALYSIS
- 14.5.6 KEY STRATEGIES
14.6 SAFRAN
- 14.6.1 COMPANY OVERVIEW
- 14.6.2 FINANCIAL OVERVIEW
- 14.6.3 PRODUCTS OFFERED
- 14.6.4 KEY DEVELOPMENTS
- 14.6.5 SWOT ANALYSIS
- 14.6.6 KEY STRATEGIES
14.7 EATON CORPORATION
- 14.7.1 COMPANY OVERVIEW
- 14.7.2 FINANCIAL OVERVIEW
- 14.7.3 PRODUCTS OFFERED
- 14.7.4 KEY DEVELOPMENTS
- 14.7.5 SWOT ANALYSIS
- 14.7.6 KEY STRATEGIES
14.8 WOODWARD, INC.
- 14.8.1 COMPANY OVERVIEW
- 14.8.2 FINANCIAL OVERVIEW
- 14.8.3 PRODUCTS OFFERED
- 14.8.4 KEY DEVELOPMENTS
- 14.8.5 SWOT ANALYSIS
- 14.8.6 KEY STRATEGIES
14.9 RAYTHEON TECHNOLOGIES CORPORATION
- 14.9.1 COMPANY OVERVIEW
- 14.9.2 FINANCIAL OVERVIEW
- 14.9.3 PRODUCTS OFFERED
- 14.9.4 KEY DEVELOPMENTS
- 14.9.5 SWOT ANALYSIS
- 14.9.6 KEY STRATEGIES
14.10 ASTRONICS CORPORATION
- 14.10.1 COMPANY OVERVIEW
- 14.10.2 FINANCIAL OVERVIEW
- 14.10.3 PRODUCTS OFFERED
- 14.10.4 KEY DEVELOPMENTS
- 14.10.5 SWOT ANALYSIS
- 14.10.6 KEY STRATEGIES
14.11 ITT INC.
- 14.11.1 COMPANY OVERVIEW
- 14.11.2 FINANCIAL OVERVIEW
- 14.11.3 PRODUCTS OFFERED
- 14.11.4 KEY DEVELOPMENTS
- 14.11.5 SWOT ANALYSIS
- 14.11.6 KEY STRATEGIES
14.12 AMETEK INC.
- 14.12.1 COMPANY OVERVIEW
- 14.12.2 FINANCIAL OVERVIEW
- 14.12.3 PRODUCTS OFFERED
- 14.12.4 KEY DEVELOPMENTS
- 14.12.5 SWOT ANALYSIS
- 14.12.6 KEY STRATEGIES
14.13 CURTISS-WRIGHT
- 14.13.1 COMPANY OVERVIEW
- 14.13.2 FINANCIAL OVERVIEW
- 14.13.3 PRODUCTS OFFERED
- 14.13.4 KEY DEVELOPMENTS
- 14.13.5 SWOT ANALYSIS
- 14.13.6 KEY STRATEGIES
14.14 SAM GMBH
- 14.14.1 COMPANY OVERVIEW
- 14.14.2 PRODUCTS OFFERED
- 14.14.3 KEY DEVELOPMENTS
- 14.14.4 SWOT ANALYSIS
- 14.14.5 KEY STRATEGIES
14.15 ARKWIN INDUSTRIES, INC.
- 14.15.1 COMPANY OVERVIEW
- 14.15.2 PRODUCTS OFFERED
- 14.15.3 KEY DEVELOPMENTS
- 14.15.4 SWOT ANALYSIS
- 14.15.5 KEY STRATEGIES

15 APPENDIX

15.1 REFERENCES
15.2 RELATED REPORTS