>
>

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

Download Free PDF

Aircraft Actuators Market Size

Aircraft Actuators Market was valued at over USD 8.5 billion in 2022 and is estimated to register a CAGR of over 7% between 2023 and 2032. The global air travel industry is expected to grow steadily in the coming years, driven by factors such as increasing disposable incomes, rising urbanization, and growing business travel. This growth in air traffic will lead to an increased demand for new aircraft, which in turn will drive demand for aircraft actuators.
 

Aircraft Actuators Market

For instance, in January 2023, Parker Hannifin, a global leader in motion and control technologies, announced that it has been selected to supply electrohydraulic actuators for the COMAC C919, China's first domestically developed large commercial passenger aircraft. The actuators will be used in various applications on the aircraft, including the landing gear, flaps, and slats. The global fleet of aircraft is aging, and many aircraft are approaching or exceeding their design lifespans. This aging fleet will require more frequent maintenance and repair, which will drive demand for replacement actuators. Airlines are under increasing pressure to reduce their fuel consumption and carbon emissions. This is leading to a demand for more fuel-efficient aircraft, which often require lighter and more efficient actuators. There have been significant advancements in actuator technology in recent years, such as the development of electromechanical actuators (EMAs) and hydraulic actuators with integrated electronics. These advancements are leading to more efficient, reliable, and lightweight actuators, which are in high demand from aircraft manufacturers.
 

 

Authors: Suraj Gujar, Sandeep Ugale
Frequently Asked Question(FAQ) :
Why are hydraulic actuators witnessing high demand?
The hydraulic actuators segment dominated the aircraft actuators industry with a share of over 45% in 2022 and is estimated to reach over USD 8 million by 2032, owing to their utility in aircrafts for reliability and performance.
Which companies define the competitive landscape of aircraft actuators industry?
What factors are pushing the growth of North America aircraft actuators market?
How big is the aircraft actuators market?
Aircraft Actuators Market Scope
  • Aircraft Actuators Market Size
  • Aircraft Actuators Market Trends
  • Aircraft Actuators Market Analysis
  • Aircraft Actuators Market Share
Related Reports
    Authors: Suraj Gujar, Sandeep Ugale
    Buy Now
    $4,123 $4,850
    15% off
    $4,840 $6,050
    20% off
    $5,845 $8,350
    30% off
        Buy now
    Premium Report Details

    Base Year: 2022

    Companies covered: 14

    Tables & Figures: 395

    Countries covered: 20

    Pages: 250

    Download Free PDF

    Top