Global Aviation Actuator System Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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“Global Aviation Actuator System Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz. The global aviation actuator system market report has been segmented on the basis of product type, aircraft type, application, and region.
Global Aviation Actuator System Market: Overview
In aviation actuators are widely used in load limiters, clutches, electromagnetic brackets, and landing gears of aircraft. The actuators help to ensure the safety of the passengers on board. Also, the actuators used to control and limit the velocity and engine speed by adjusting levers and flaps. In addition, actuators are widely used in various military and weapons systems across the globe.
Global Aviation Actuator System Market: Dynamics
Increasing demand for actuators in aviation sector across the globe due to its various benefits is a key factor expected to drive growth of the global aviation actuator system market over the forecast period. In addition, increasing use of actuators to improve machine performance of an aircraft is another factor expected to proliferate growth of the target market during the forecast period.
Moreover, increasing technological advancements in aircraft models and increasing research and development activities for enhancements in actuator systems such as lightweight, compact, and fuel efficient actuators is a current trend expected to support growth of the global market.
Furthermore, growing demand for advanced electric and automated aircraft systems owing to their high reliability and low power consumption is expected to boost growth of the target market as electronic actuator systems offers high dispatch availability in aircraft manufacturing industries is expected to burgeon growth of the global aviation actuator system market in the near future.
However, leakage issues associate with hydraulic and pneumatic actuators is a major factor expected to restraint growth of the global market. In addition, stringent government rules and regulations related to fuel emission across the globe is another factor expected to hamper growth of target market to a certain extent.
Global Aviation Actuator System Market: Segment Analysis
On the basis of aircraft type, the wide body aircraft segment is expected to dominate the global market, owing to increasing connectivity among diverse geographical locations of emerging and developed regions by wide body aircraft across the globe.
In the application, the others segment is expected to register high revenue growth in the global market, owing to growing demand for cost efficient systems that can reduce aircraft downtime, operational delays, and unscheduled maintenance in an aircraft.
Global Aviation Actuator System Market: Regional Analysis
The North America aviation actuator system market is expected to grow at the highest CAGR and dominate over the forecast period in the global market, owing to high investments in redesigning process of international wide-body aircraft and presence of leading manufacturer of fighter and military aircraft in the countries in the region. Whereas, market in Asia Pacific is expected to register second highest growth in terms of market share in the global market, owing to increasing private aircraft manufacturing industries and steady labor cost coupled with rising air travel among individuals in countries such as China, India, and Japan in the region.
Market in Europe is expected to register lucrative growth in terms of revenue followed by market in Latin America, owing to increasing research and development activities for emission free and fuel-efficient aircrafts coupled with efficient aviation actuator systems in defense and aerospace sector in countries in the region.
Global Aviation Actuator System Market Segmentation:
Segmentation by Product Type:
- Electric Actuators
- Electro-hydraulic Actuators
- Electro-hydrostatic Actuators
- Electro-mechanical Actuators
Segmentation by Aircraft Type:
- Fighter Aircraft
- Transport Aircraft
- Very Large Aircraft
- Wide Body Aircraft
- Narrow Body Aircraft
Segmentation by Application:
- Landing Gear
- Flight Control
- Auxiliary Control
- Others (Health Monitoring System, Power Distribution System, Power Generation System, Avionics System, and Fuel Management System)
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Saab AB
- Woodward, Inc.
- Parker Hannifin Corp
- Eaton Industries GmbH
- UTC Aerospace Systems
- Curtiss-Wright Corporation
- Honeywell International, Inc.
- Goodrich Actuation Systems SAS
- United Technologies Corporation
- Beaver Aerospace & Defense, Inc.
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