Home > Aerospace & Defense > Aircraft Parts > Aircraft Actuators Market

Aircraft Actuators Market Analysis

  • Report ID: GMI7556
  • Published Date: Dec 2023
  • Report Format: PDF

Aircraft Actuators Market Analysis

Based on actuators type, the market is categorized into hydraulic actuators, Electromechanical Actuators (EMA), and pneumatic actuators. The hydraulic actuators segment dominated the market with a share of over 45% in 2022 and is estimated to reach over USD 8 million in revenue by 2032. Hydraulic actuators have been used in aircraft for decades owing to their reliability and performance. This makes them a popular choice for aircraft manufacturers, who need reliable performance in a variety of demanding conditions. Hydraulic actuators can generate high levels of force in a relatively compact package. This is important for aircraft actuators, which need to be able to move large loads with precision and efficiency. Hydraulic actuators can be used in a wide variety of applications including flight control systems, landing gear systems, and door actuation systems. This makes them a versatile & adaptable solution for aircraft manufacturers.

 

Aircraft Actuators Market Share, By Aircraft   Type, 2022

Based on the aircraft type, the market is divided into fixed wing and rotary wing. The fixed wing segment dominated the global market with a share of over 40% in 2022 and is estimated to reach over USD 8 million in revenue by 2032. Fixed-wing aircraft utilize a wide range of actuators to control various flight control surfaces, landing gear, and other critical systems. These aircraft are the primary mode of passenger & cargo transportation with commercial airlines operating thousands of aircraft worldwide. The growing demand for air travel fuels the need for more aircraft, which in turn, increases the demand for aircraft actuators. Military fixed-wing aircraft including fighter jets, bombers, and reconnaissance aircraft employ a variety of actuators for various functions such as controlling flight control surfaces, weapons systems, and landing gear. Fixed-wing aircraft actuators have undergone significant advancements in recent years with the development of lighter, more efficient, and more reliable actuators. These advancements have further enhanced the performance and capabilities of fixed-wing aircraft.

 

U.S. Aircraft Actuators Market Size, 2021 - 2032, (USD Billion)

North America dominated the global aircraft actuators market with a share of over 23% in 2022. The region is home to some of the world's largest commercial aircraft manufacturers including Boeing and Airbus as well as a significant number of regional aircraft manufacturers. This concentration of aviation industry activity in the region stimulates the demand for aircraft actuators. North America has a well-established and mature manufacturing sector, with a strong base of precision engineering companies that specialize in actuator manufacturing. This expertise plays a crucial role in meeting the high-performance requirements of aircraft actuators. North America has a robust aircraft Maintenance, Repair, and Overhaul (MRO) industry, which supports the ongoing demand for aircraft actuators. A significant portion of the region’s aircraft fleet requires regular maintenance and replacement of actuator components.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The global market size for aircraft actuators was valued at USD 50 billion in 2022 and is estimated to register a CAGR of over 6% between 2023 and 2032 driven by increasing disposable incomes, rising urbanization, and growing business travel.

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.

North America market size for aircraft actuators held a revenue share of over 23% in 2022 and is predicted to witness substantial growth through 2032 driven by booming aviation sector in the region, along with a strong base of precision engineering companies that specialize in actuator manufacturing.

Rockwell Collins (now part of Raytheon Technologies), Honeywell Aerospace, Moog Inc., UTC Aerospace Systems (now part of Raytheon Technologies), Safran Group, Woodward, Inc are some of the major industry contenders.

Aircraft Actuators Market Scope

Buy Now


Premium Report Details

  • Base Year: 2022
  • Companies covered: 14
  • Tables & Figures: 395
  • Countries covered: 20
  • Pages: 250
 Download Free Sample