Market Overview:
The global electric actuator for aircraft market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric actuators in civil and military aircraft applications. Additionally, the increasing adoption of electric actuators in commercial and regional aircraft is also contributing to the growth of this market. Based on type, the global electric actuator for aircraft market can be segmented into linear motion and rotary motion types. Linear motion type accounted for a larger share of the global market in 2017 owing to its high demand in civil and military aircraft applications.
Product Definition:
An electric actuator is a device used to apply or release mechanical energy to or from a mechanism. In the context of aircraft, electric actuators are typically used to control things like the flaps, slats and landing gear. They are important because they allow pilots to safely control their plane while flying.
Linear Motion:
Linear motion is the translation of one or more point(s) along a straight line. It can be achieved by using various types of motors such as stepper, DC, and servo motors. The most common application for linear motion is in an electric actuator for aircraft control where it uses two degrees of freedom to provide yaw and pitch movement in an aircraft with the help of a single motor.
Rotary Motion:
Rotary motion is a circular motion of the parts which are driven by electric current. The most common example of rotary motion is the fan in an electric motor. In an aircraft, rotary motion helps to keep the control surfaces at optimum angles for stability and agility during flight.
Electric Actuators market has witnessed significant growth over recent years owing to increased demand from various sectors such as automotive, aerospace & defense, industrial machinery among others.
Application Insights:
The application segment includes civil and military aircraft. The civil electric actuators market is dominated by the United States, which accounts for a significant share of over 50% in 2017. Factors such as favorable government regulations, high electricity costs, and increasing demand for passenger travel are expected to drive the growth of the market in this region over the forecast period.
The military segment is anticipated to witness steady growth at a CAGR of XX% from 2018 to 2030 owing to increased use in UAVs (unmanned aerial vehicles) and bombers among other applications such as space exploration or defense systems among others.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to witness a rise in demand over the forecast period owing to rapid growth of commercial aviation sector and increasing military expenditure by countries, such as the U.S., Canada, and Mexico.
The European electric actuator market was valued at USD X million as of 2017 owing to high production volume attained by major players operating within this region along with presence of prominent aircraft manufacturers including Safran Aircraft Engines France; Rolls-Royce Holdings plc.; MTU Friedrichshafen AG; General Electric; Pratt & Whitney Canada Inc.
Growth Factors:
- Increasing demand for electric actuators in aircrafts from commercial and military sectors due to their high performance and reliability.
- Development of new technologies and materials that can improve the efficiency of electric actuators in aircrafts.
- Growing popularity of electric actuators among Original Equipment Manufacturers (OEMs) for use in various applications such as flight control systems, landing gear, engine controls, etc.
- Rising demand for fuel-efficient aircrafts that are equipped with advanced electrical systems, including electric actuators.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Actuator for Aircraft Market Research Report
By Type
Linear Motion, Rotary Motion
By Application
Civil Aircraft, Military Aircraft
By Companies
ITT Aerospace, FAULHABER, Saab Group, Eaton, Alcen, Moog Animatics, CEF Industries, Aerotech, Umbra Group, CIRCOR Aerospace, Thermation, Liebherr Group, Aero Space Controls Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Electric Actuator for Aircraft Market Report Segments:
The global Electric Actuator for Aircraft market is segmented on the basis of:
Types
Linear Motion, Rotary Motion
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Civil Aircraft, Military Aircraft
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ITT Aerospace
- FAULHABER
- Saab Group
- Eaton
- Alcen
- Moog Animatics
- CEF Industries
- Aerotech
- Umbra Group
- CIRCOR Aerospace
- Thermation
- Liebherr Group
- Aero Space Controls Corporation
Highlights of The Electric Actuator for Aircraft Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Linear Motion
- Rotary Motion
- By Application:
- Civil Aircraft
- Military Aircraft
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Actuator for Aircraft Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electric actuator is a device that uses electricity to control the motion of an aircraft. Electric actuators are often used in aircraft engines, propellers, and other moving parts.
Some of the major companies in the electric actuator for aircraft market are ITT Aerospace, FAULHABER, Saab Group, Eaton, Alcen, Moog Animatics, CEF Industries, Aerotech, Umbra Group, CIRCOR Aerospace, Thermation, Liebherr Group, Aero Space Controls Corporation.
The electric actuator for aircraft market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Actuator for Aircraft Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Actuator for Aircraft Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Actuator for Aircraft Market - Supply Chain
4.5. Global Electric Actuator for Aircraft Market Forecast
4.5.1. Electric Actuator for Aircraft Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Actuator for Aircraft Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Actuator for Aircraft Market Absolute $ Opportunity
5. Global Electric Actuator for Aircraft Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Actuator for Aircraft Market Size and Volume Forecast by Type
5.3.1. Linear Motion
5.3.2. Rotary Motion
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Actuator for Aircraft Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Actuator for Aircraft Market Size and Volume Forecast by Application
6.3.1. Civil Aircraft
6.3.2. Military Aircraft
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Actuator for Aircraft Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Actuator for Aircraft Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Actuator for Aircraft Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Actuator for Aircraft Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Actuator for Aircraft Demand Share Forecast, 2019-2026
9. North America Electric Actuator for Aircraft Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Actuator for Aircraft Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Actuator for Aircraft Market Size and Volume Forecast by Application
9.4.1. Civil Aircraft
9.4.2. Military Aircraft
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Actuator for Aircraft Market Size and Volume Forecast by Type
9.7.1. Linear Motion
9.7.2. Rotary Motion
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Actuator for Aircraft Demand Share Forecast, 2019-2026
10. Latin America Electric Actuator for Aircraft Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Actuator for Aircraft Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Actuator for Aircraft Market Size and Volume Forecast by Application
10.4.1. Civil Aircraft
10.4.2. Military Aircraft
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Actuator for Aircraft Market Size and Volume Forecast by Type
10.7.1. Linear Motion
10.7.2. Rotary Motion
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Actuator for Aircraft Demand Share Forecast, 2019-2026
11. Europe Electric Actuator for Aircraft Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Actuator for Aircraft Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Actuator for Aircraft Market Size and Volume Forecast by Application
11.4.1. Civil Aircraft
11.4.2. Military Aircraft
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Actuator for Aircraft Market Size and Volume Forecast by Type
11.7.1. Linear Motion
11.7.2. Rotary Motion
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Actuator for Aircraft Demand Share, 2019-2026
12. Asia Pacific Electric Actuator for Aircraft Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Actuator for Aircraft Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Actuator for Aircraft Market Size and Volume Forecast by Application
12.4.1. Civil Aircraft
12.4.2. Military Aircraft
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Actuator for Aircraft Market Size and Volume Forecast by Type
12.7.1. Linear Motion
12.7.2. Rotary Motion
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Actuator for Aircraft Demand Share, 2019-2026
13. Middle East & Africa Electric Actuator for Aircraft Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Actuator for Aircraft Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Actuator for Aircraft Market Size and Volume Forecast by Application
13.4.1. Civil Aircraft
13.4.2. Military Aircraft
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Actuator for Aircraft Market Size and Volume Forecast by Type
13.7.1. Linear Motion
13.7.2. Rotary Motion
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Actuator for Aircraft Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Actuator for Aircraft Market: Market Share Analysis
14.2. Electric Actuator for Aircraft Distributors and Customers
14.3. Electric Actuator for Aircraft Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ITT Aerospace
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. FAULHABER
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Saab Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eaton
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Alcen
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Moog Animatics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CEF Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Aerotech
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Umbra Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CIRCOR Aerospace
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Thermation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Liebherr Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Aero Space Controls Corporation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook