Aviation Actuator Systems Market Overview
Airlines are continuously seeking ways to reduce their aircraft costs while increasing net profits, which can be accomplished through the usage of actuators. The rising cost of aviation fuel is encouraging manufacturers to pursue more efficient alternatives and engage in the development of electric aircraft concepts. When compared to major operations in aircraft with electrical systems, conventional pneumatic and hydraulic systems aircrafts benefit from lower fuel consumption, increased dispatch availability, increased reliability, and cheaper maintenance costs. Recognizing the profitable nature of the industry, various research and development efforts are now ongoing to manufacture aircraft that are more operationally efficient and consume less fuel. As a result, while current players increase their investments, numerous financially capable players exit the market, boosting the growth of the actuator systems market in aviation. Another major reason driving the growth rate is the large expansion in the urban population, which has increased air travel around the world while also resulting in an increase in the number of operational aircraft.
On the negative side, factors such as defence budget cuts, pollution and fuel consumption rules and regulations, and the necessity for a robust airport infrastructure with enhanced systems are expected to restrain the growth of the market during the forecast period.
Report Metric | Details |
Market size available for years | 2023–2030 |
Base year considered | 2023 |
Forecast period | 2024–2030 |
Forecast unit | Value (USD Million) |
Segments covered | Product, Application, Type of Aircraft, and Region. |
Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
Companies covered | Rockwell Collins, Eaton, Honeywell, Moog, Parker, Saab, Woodward, Merrill, UTC, Curtiss Wright, Beaver, Cesa, GE Aviation, Arkwin, Electromech Technologies. |
Covid-19 Impact on Aviation Actuator Systems Market
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Aviation Actuator Systems Market Segment Overview
According to Product, the Electro-Hydraulic Actuator is one of the largest segments in the global Aviation Actuator Systems market. The aviation actuator systems market is likely to be driven by the increased need for advanced electronic components in the aviation industry, which is expected to replace old hydraulic and pneumatic actuators. This is due to electronic actuator systems' reduced power consumption, increased dispatch availability, lightweight, compact, fuel-efficient design, and reliability. The desire for an efficient aircraft that uses the More Electric Aircraft (MEA) and fuel-efficient concept has increased as fuel prices have risen.
Aviation Actuator Systems Market, By Product
· Pneumatic Actuator
· Mechanical Actuator
· Hydraulic Actuator
· Electromechanical Actuator
· Electro-Hydraulic Actuator
Aviation Actuator Systems Market, By Application
· Defense Aviation Auxiliary Actuators
· Defense Aviation Flight Control Actuators
· Defense Aviation Landing Gear
· Commercial Aviation Auxiliary Actuators
· Commercial Aviation Flight Control Actuators
· Commercial Aviation Landing Gear Actuators
Aviation Actuator Systems Market, By Type of Aircraft
· Transport Aircraft
· Fighter Aircraft
· Wide Body Aircraft
· Very Large Aircraft
· Narrow Body Aircraft
Aviation Actuator Systems Regional Overview
Region-Wise, North America is expected to grow rapidly over the predicted period. North American Airlines is anticipated to invest in international wide-body aircraft redesigning. Furthermore, Europe is another major region for the market. The amount of air traffic in Europe is likely to grow, necessitating considerable upgrades. Emission-free and fuel-efficient aircraft with efficient aviation actuator systems are the goals of manufacturers in this region. Additionally, the market in the Asia Pacific is expected to rise significantly in the forthcoming years.
Aviation Actuator Systems Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Aviation Actuator Systems Market, Key Players
· Rockwell Collins
· Eaton
· Honeywell
· Moog
· Parker
· Saab
· Woodward
· Merrill
· UTC
· Curtiss Wright
· Beaver
· Cesa
· GE Aviation
· Arkwin
· Electromech Technologies
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Aviation Actuator Systems market?
Major reason driving the growth rate is the large expansion in the urban population, which has increased air travel around the world while also increasing the number of operational aircraft
Q2. What are the restraining factors for the Aviation Actuator Systems market?
Factors such as defence budget cuts, pollution and fuel consumption rules and regulations, and the necessity for a robust airport infrastructure with enhanced systems are expected to restrain the growth of the market during the forecast period
Q3. Which segment is projected to hold the largest share in the Aviation Actuator Systems Market?
Electro-Hydraulic Actuator segment is projected to hold the largest share in the Aviation Actuator Systems Market.
Q4. Which region holds the largest share in the Aviation Actuator Systems market?
North America held the largest share in the global Aviation Actuator Systems market
Q5. Which are the prominent players in the Aviation Actuator Systems Market?
Rockwell Collins, Eaton, Honeywell, Moog, Parker, Saab, Woodward, Merrill, UTC, Curtiss Wright, Beaver, Cesa, GE Aviation, Arkwin, Electromech Technologies. are some key players in the Aviation Actuator Systems Market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Aviation Actuator Systems Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. Pneumatic Actuator
- 5.2.2. Mechanical Actuator
- 5.2.3. Hydraulic Actuator
- 5.2.4. Electromechanical Actuator
- 5.2.5. Electro-Hydraulic Actuator
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Defense Aviation Auxiliary Actuators
- 5.3.2. Defense Aviation Flight Control Actuators
- 5.3.3. Defense Aviation Landing Gear
- 5.3.4. Commercial Aviation Auxiliary Actuators
- 5.3.5. Commercial Aviation Flight Control Actuators
- 5.3.6. Commercial Aviation Landing Gear Actuators
- 5.4. Market Analysis, Insights and Forecast – By Type of Aircraft
- 5.4.1. Transport Aircraft
- 5.4.2. Fighter Aircraft
- 5.4.3. Wide Body Aircraft
- 5.4.4. Very Large Aircraft
- 5.4.5. Narrow Body Aircraft
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Aviation Actuator Systems Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product
- 6.2.1. Pneumatic Actuator
- 6.2.2. Mechanical Actuator
- 6.2.3. Hydraulic Actuator
- 6.2.4. Electromechanical Actuator
- 6.2.5. Electro-Hydraulic Actuator
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. Defense Aviation Auxiliary Actuators
- 6.3.2. Defense Aviation Flight Control Actuators
- 6.3.3. Defense Aviation Landing Gear
- 6.3.4. Commercial Aviation Auxiliary Actuators
- 6.3.5. Commercial Aviation Flight Control Actuators
- 6.3.6. Commercial Aviation Landing Gear Actuators
- 6.4. Market Analysis, Insights and Forecast – By Type of Aircraft
- 6.4.1. Transport Aircraft
- 6.4.2. Fighter Aircraft
- 6.4.3. Wide Body Aircraft
- 6.4.4. Very Large Aircraft
- 6.4.5. Narrow Body Aircraft
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Aviation Actuator Systems Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product
- 7.2.1. Pneumatic Actuator
- 7.2.2. Mechanical Actuator
- 7.2.3. Hydraulic Actuator
- 7.2.4. Electromechanical Actuator
- 7.2.5. Electro-Hydraulic Actuator
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. Defense Aviation Auxiliary Actuators
- 7.3.2. Defense Aviation Flight Control Actuators
- 7.3.3. Defense Aviation Landing Gear
- 7.3.4. Commercial Aviation Auxiliary Actuators
- 7.3.5. Commercial Aviation Flight Control Actuators
- 7.3.6. Commercial Aviation Landing Gear Actuators
- 7.4. Market Analysis, Insights and Forecast – By Type of Aircraft
- 7.4.1. Transport Aircraft
- 7.4.2. Fighter Aircraft
- 7.4.3. Wide Body Aircraft
- 7.4.4. Very Large Aircraft
- 7.4.5. Narrow Body Aircraft
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Aviation Actuator Systems Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product
- 8.2.1. Pneumatic Actuator
- 8.2.2. Mechanical Actuator
- 8.2.3. Hydraulic Actuator
- 8.2.4. Electromechanical Actuator
- 8.2.5. Electro-Hydraulic Actuator
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. Defense Aviation Auxiliary Actuators
- 8.3.2. Defense Aviation Flight Control Actuators
- 8.3.3. Defense Aviation Landing Gear
- 8.3.4. Commercial Aviation Auxiliary Actuators
- 8.3.5. Commercial Aviation Flight Control Actuators
- 8.3.6. Commercial Aviation Landing Gear Actuators
- 8.4. Market Analysis, Insights and Forecast – By Type of Aircraft
- 8.4.1. Transport Aircraft
- 8.4.2. Fighter Aircraft
- 8.4.3. Wide Body Aircraft
- 8.4.4. Very Large Aircraft
- 8.4.5. Narrow Body Aircraft
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Aviation Actuator Systems Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product
- 9.2.1. Pneumatic Actuator
- 9.2.2. Mechanical Actuator
- 9.2.3. Hydraulic Actuator
- 9.2.4. Electromechanical Actuator
- 9.2.5. Electro-Hydraulic Actuator
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. Defense Aviation Auxiliary Actuators
- 9.3.2. Defense Aviation Flight Control Actuators
- 9.3.3. Defense Aviation Landing Gear
- 9.3.4. Commercial Aviation Auxiliary Actuators
- 9.3.5. Commercial Aviation Flight Control Actuators
- 9.3.6. Commercial Aviation Landing Gear Actuators
- 9.4. Market Analysis, Insights and Forecast – By Type of Aircraft
- 9.4.1. Transport Aircraft
- 9.4.2. Fighter Aircraft
- 9.4.3. Wide Body Aircraft
- 9.4.4. Very Large Aircraft
- 9.4.5. Narrow Body Aircraft
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Rockwell Collins
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Eaton
- 10.6. Honeywell
- 10.7. Moog
- 10.8. Parker
- 10.9. Saab
- 10.10. Woodward
- 10.11. Merrill
- 10.12. UTC
- 10.13. Curtiss Wright
- 10.14. Beaver
- 10.15. Cesa
- 10.16. GE Aviation
- 10.17. Arkwin
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESSPrimary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model