Market Overview:
The global aviation actuator system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for commercial and aerospace applications, and the rising need for advanced actuators in defense applications. The global aviation actuator system market is segmented on the basis of type, application, and region. On the basis of type, it is divided into electromechanical actuators, electro hydraulic actuators, electro hydrostatic actuators. The electromechanical segment dominates the global aviation actuator system market with a share of more than 60%. This can be attributed to its low cost as well as high reliability compared to other types of actuation systems.
Product Definition:
An actuator system is a component of an aircraft that is responsible for the movement and control of surfaces. The actuator system uses hydraulic or electrical power to move the control surfaces, which then allows the pilot to steer and maneuver the aircraft.
Electromechanical:
Electromechanical actuator system market is expected to witness significant growth over the forecast period owing to its advantages such as compact size, low weight, and high reliability. Electromechanical systems are used in aircraft for various purposes such as landing gear operation, flight control & stabilization and actuation of flaps & weapons.
Electro Hydraulic:
Electro hydraulic actuator system is used in aircraft's landing gear and flight control systems. It provides power assistance to the hydraulic systems of an aircraft, which are used for controlling the motion of various components such as retractable land gear, doors, and flaps.
The electro-hydraulic actuator system finds its application in airplanes that have a hydro-mechanical power assist mechanism for their flight control surfaces.
Application Insights:
The commercial segment held the largest share of over 60.0% in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing air traffic for business travel, tourism, and other leisure activities across the globe. Increasing passenger traffic has created a need for more aircraft types with greater range capabilities, which will further augment demand for actuatorsystems in this application segment.
Commercial aircraft are generally large compared to their military counterparts; however, there is a growing trend towards miniaturization of these aircraft on account of increased fuel efficiency as well as reduced environmental impact due to improved aerodynamics along with cost-reduction measures adopted by major manufacturers such as Airbus SE & A3ospace America Inc among others during recent years.
Regional Analysis:
North America accounted for the largest share of over 40% in 2017. The U.S., being a global aviation hub, has a large number of aircraft and airport facilities across the world. Thus, it is an attractive market for actuator systems due to high demand from both commercial and military sectors in this region.
Asia Pacific is expected to be one of the fastest-growing markets with a CAGR exceeding 6% during the forecast period owing to rapid development taking place at airports across countries such as China.
Growth Factors:
- Increasing demand for air travel: The global air travel industry is growing at a rapid pace, owing to the increasing number of passengers opting for air travel. This is expected to drive the demand for aviation actuator systems in the coming years.
- Technological advancements: The aviation actuator system market is witnessing significant advancements in technology, with manufacturers introducing new and innovative products into the market. This is likely to boost the growth of this market in the near future.
- Rising awareness about safety and security: With terrorist threats on the rise, there has been a sharp increase in awareness about safety and security among passengers travelling by airways across different countries worldwide. This is anticipated to fuel demand for aviation actuator systems over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aviation Actuator System Market Research Report
By Type
Electromechanical, Electro Hydraulic, Electro Hydrostatic
By Application
Commercial, Aerospace, Defense
By Companies
Parker-Hannifin Corporation, UTC Aerospace Systems, Moog, General Electric, Honeywell, Eaton, Electromech Technologies, Beaver, Cesa, Arkwin
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Aviation Actuator System Market Report Segments:
The global Aviation Actuator System market is segmented on the basis of:
Types
Electromechanical, Electro Hydraulic, Electro Hydrostatic
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
Commercial, Aerospace, Defense
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:
- Parker-Hannifin Corporation
- UTC Aerospace Systems
- Moog
- General Electric
- Honeywell
- Eaton
- Electromech Technologies
- Beaver
- Cesa
- Arkwin
Highlights of The Aviation Actuator System 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:
- Electromechanical
- Electro Hydraulic
- Electro Hydrostatic
- By Application:
- Commercial
- Aerospace
- Defense
- 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 Aviation Actuator System 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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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 aviation actuator system is a type of aircraft control system that uses hydraulic or pneumatic fluid pressure to operate the various flight controls.
Some of the major players in the aviation actuator system market are Parker-Hannifin Corporation, UTC Aerospace Systems, Moog, General Electric, Honeywell, Eaton, Electromech Technologies, Beaver, Cesa, Arkwin.
The aviation actuator system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aviation Actuator System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aviation Actuator System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aviation Actuator System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aviation Actuator System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aviation Actuator System Market Size & Forecast, 2020-2028
4.5.1 Aviation Actuator System Market Size and Y-o-Y Growth
4.5.2 Aviation Actuator System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Electromechanical
5.2.2 Electro Hydraulic
5.2.3 Electro Hydrostatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Aerospace
6.2.3 Defense
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aviation Actuator System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aviation Actuator System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Electromechanical
9.6.2 Electro Hydraulic
9.6.3 Electro Hydrostatic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Aerospace
9.10.3 Defense
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Electromechanical
10.6.2 Electro Hydraulic
10.6.3 Electro Hydrostatic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Aerospace
10.10.3 Defense
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Electromechanical
11.6.2 Electro Hydraulic
11.6.3 Electro Hydrostatic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Aerospace
11.10.3 Defense
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Electromechanical
12.6.2 Electro Hydraulic
12.6.3 Electro Hydrostatic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Aerospace
12.10.3 Defense
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Electromechanical
13.6.2 Electro Hydraulic
13.6.3 Electro Hydrostatic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Aerospace
13.10.3 Defense
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aviation Actuator System Market: Competitive Dashboard
14.2 Global Aviation Actuator System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Parker-Hannifin Corporation
14.3.2 UTC Aerospace Systems
14.3.3 Moog
14.3.4 General Electric
14.3.5 Honeywell
14.3.6 Eaton
14.3.7 Electromech Technologies
14.3.8 Beaver
14.3.9 Cesa
14.3.10 Arkwin
