Mark Twain's blog : Aircraft Actuators Market Research Report
Global
Aircraft Actuators Market
The GMI Research forecasts that the Aircraft
Actuators Market is witnessing an upsurge in demand over the forecast period.
This is mainly due to the ongoing aggravation in government initiatives to
extend defence & military aircraft, increasing trend of electric aircraft,
mounting demand for commercial aircrafts and their surging endorsement led by
various benefits.
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Introduction of the Aircraft Actuators Market
Aircraft actuators refer to the mechanism
that disseminates mechanical into linear motion with the assistance of control
systems. They are controlled with different electric, pneumatic, hydraulic, and
mechanical techniques for the movement control of aircrafts. They have the
ability to resist acute conditions such as solid heat, vibrations, and cold.
Key Players of the Global Aircraft Actuators Market:
·
Transdigm Group, Inc
·
NOOK Industries, Inc
·
UTC Aerospace Systems
·
Honeywell International Inc.
·
Meggit Plc
·
Woodward, Inc
·
Curtiss-Wright
·
Parker Aerospace
·
Moog
·
Eaton
·
Rockwell Collins
Aircraft Actuators Market Dynamics (including market size,
share, trends, forecast, growth, forecast, and industry analysis)
Several drivers responsible for the growth
of the global aircraft actuator market includes the increasing investment by
government bodies to expand military and defense aircrafts to fortify the
country accompanied by the bolstering demand for commercial aircrafts due to
the mounting number of passengers. As per the Stockholm International Peace
Research Institute (SIPRI) Organization Report, the accumulated expenditure by military
reached USD 1917 billion due to the surged demand for military aircraft and
homeland safety. Furthermore, the increasing preference towards the endorsement
of electromechanical actuators (EMAs) for aircraft operations because of their
significant features including lower fuel burn, less maintenance cost,
improvement in the management of isolation, enhanced system flexibility, and
fault detection is fuelling the market growth. Moreover, the leading market
players are adopting several measures which include mergers, amalgamations, and
unions to introduce new electromechanical actuators for aircraft that
supplemented the market growth. For example, Safran, in 2019, consummated the
attainment of electromechanical systems business of Collins Aerospace to
diversify its product portfolio in the pilot control and actuators
applications.
Also, the amplified supply of
commercialized aircraft owing to the acceleration in the number of passengers
and expansion in tourism has strengthened the aircraft
actuator market size. The International Air Transport Association, in 2020,
experienced a contraction in the delivery of 960 new aircrafts due to the
widespread of coronavirus pandemic.
However, the rising concern towards the
leakages of oil and huge noise issues from pneumatic and hydraulic actuators
may obstruct the market share. In addition, their insertion demands inflated
maintenance cost as it includes various components like dryers, electric and
fluid pump, compressors, air filters, lube tubes, and regulations, which is
further likely to curb the aircraft actuator market share.
Aircraft Actuators Market Segmentation:
Segmentation
by Type
·
Linear
·
Rotary
Segmentation
by Technology
·
Electric
·
Hydraulic
·
Pneumatic
·
Mechanical
Segmentation
by End-User
·
Military Aircraft
·
Commercial Aircraft
Segmentation
by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining
countries of the LAMEA region)
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Research
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