Market Overview:
The global aviation electric actuator systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric actuators in commercial and military applications. Additionally, the growing adoption of electric actuators by Original Equipment Manufacturers (OEMs) is also contributing to the growth of this market. The global aviation electric actuator systems market can be segmented on the basis of type, application and region. On the basis of type, the global aviation electric actuator systems market can be divided into hardware devices and solutions. The hardware devices segment can further be classified into linear motors, rotary motors and pneumatic cylinders/motors. The solution segment includes control systems and servo valves/actuators among others.
Product Definition:
Aviation electric actuator systems are used to control the movement of aircraft surfaces, such as the flaps and ailerons. They are important because they allow pilots to adjust the aircraft's movements for takeoff, landing, and in-flight maneuvers.
Hardware Devices:
Hardware devices are the part of avionics system which is responsible for controlling and monitoring aircraft systems. It consists of various components such as display units, switches, knobs and levers among others. The primary function of these devices is to ensure that the flight controls operate in a precise manner by providing information related to the status of on-board systems to pilot during take-off and landing as well as during any other operation phase.
Solution:
Solution is a technology-based company that provides smart solutions for the aviation industry. Solution’s product portfolio includes electric actuator systems, which are used in aircraft flaps, landing gears and weapons release system among others. The company has developed an extensive product range with advanced technologies to provide high efficiency and reliability at a low price point.
Solution has established strong distribution channels worldwide through their sales offices located in key locations along with local distributors who have expertise in specific regional markets.
Application Insights:
Commercial aviation segment accounted for the largest share of more than 60.0% in 2017 and is expected to continue its dominance over the forecast period. The commercial aircraft are equipped with a variety of electric actuators that help in operating various systems, such as lighting, cabin air circulation, door opening and closing, beverage service equipment operation etc. These actuators consume less power and have low maintenance cost as compared to conventional mechanical devices used in aircrafts. Furthermore, they also offer enhanced reliability which is further likely to propel their demand over the next seven years.
The military application segment is expected register a CAGR of XX% from 2018 to 2030 owing to increasing adoption across defense jets especially F-35 Lightning II jet fighters that require advanced technology for reducing weight & cost while improving maneuverability & efficiency during aerial combat situations at high altitude where gravity has little effect on airplanes flying above 6 km height level (SLH).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market over the forecast period. The growth can be attributed to increasing demand for electric actuators from various application areas, such as commercial and military aviation. Asia Pacific is projected to account for a revenue share of over 35% by 2030 owing to rapid infrastructure development in countries, such as China and India. Moreover, rising awareness regarding energy conservation will drive product demand in this region.
The European market was valued at USD X million in 2017 and is anticipated to witness steady growth over the forecast period due to stringent regulations pertaining toward carbon emission norms coupled with growing emphasis on reducing fuel consumption by aircraft operators across Europe. In addition, presence of key manufacturers across major European cities including London; Paris; Frankfurt am Main; Milan; Madrid etc.
Growth Factors:
- Increasing demand for electric actuators in commercial and military aircrafts
- Growing popularity of electric actuators in unmanned aerial vehicles (UAVs)
- Rising demand for energy-efficient and lightweight electric actuators
- Proliferation of smart technologies in aviation industry
- Growing investments in R&D activities to develop advanced electric actuator systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Aviation Electric Actuator Systems Market Research Report
By Type
Hardware Devices, Solution
By Application
Commercial, Military
By Companies
Sitec Aerospace, Rockwell Collins, Honeywell, Eaton, Moog, SAAB, Parker, Woodward, UTC, Curtiss Wright, Beaver, Merrill, GE Aviation, 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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Aviation Electric Actuator Systems Market Report Segments:
The global Aviation Electric Actuator Systems market is segmented on the basis of:
Types
Hardware Devices, Solution
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, Military
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:
- Sitec Aerospace
- Rockwell Collins
- Honeywell
- Eaton
- Moog
- SAAB
- Parker
- Woodward
- UTC
- Curtiss Wright
- Beaver
- Merrill
- GE Aviation
- Arkwin
Highlights of The Aviation Electric Actuator Systems 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:
- Hardware Devices
- Solution
- By Application:
- Commercial
- Military
- 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 Electric Actuator Systems 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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- Correctly Positioning New Products
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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?
Aviation Electric Actuator Systems (AEAS) are a type of electric propulsion system used in aircraft. AEAS use an electric motor to provide power to the propeller or jet engine, allowing aircraft to fly without using traditional gas or diesel engines. AEAS systems are becoming increasingly popular due to their fuel efficiency and reduced emissions.
Some of the major players in the aviation electric actuator systems market are Sitec Aerospace, Rockwell Collins, Honeywell, Eaton, Moog, SAAB, Parker, Woodward, UTC, Curtiss Wright, Beaver, Merrill, GE Aviation, Arkwin.
The aviation electric actuator systems 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 Electric Actuator Systems 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 Electric Actuator Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aviation Electric Actuator Systems 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 Electric Actuator Systems 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 Electric Actuator Systems Market Size & Forecast, 2018-2028
4.5.1 Aviation Electric Actuator Systems Market Size and Y-o-Y Growth
4.5.2 Aviation Electric Actuator Systems Market Absolute $ Opportunity
Chapter 5 Global Aviation Electric Actuator Systems 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 Aviation Electric Actuator Systems Market Size Forecast by Type
5.2.1 Hardware Devices
5.2.2 Solution
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aviation Electric Actuator Systems 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 Aviation Electric Actuator Systems Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Military
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aviation Electric Actuator Systems 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 Electric Actuator Systems 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 Aviation Electric Actuator Systems Analysis and Forecast
9.1 Introduction
9.2 North America Aviation Electric Actuator Systems 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 Aviation Electric Actuator Systems Market Size Forecast by Type
9.6.1 Hardware Devices
9.6.2 Solution
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 Aviation Electric Actuator Systems Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Military
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 Aviation Electric Actuator Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Aviation Electric Actuator Systems 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 Aviation Electric Actuator Systems Market Size Forecast by Type
10.6.1 Hardware Devices
10.6.2 Solution
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 Aviation Electric Actuator Systems Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Military
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 Aviation Electric Actuator Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aviation Electric Actuator Systems 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 Aviation Electric Actuator Systems Market Size Forecast by Type
11.6.1 Hardware Devices
11.6.2 Solution
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 Aviation Electric Actuator Systems Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Military
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 Aviation Electric Actuator Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Aviation Electric Actuator Systems 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 Aviation Electric Actuator Systems Market Size Forecast by Type
12.6.1 Hardware Devices
12.6.2 Solution
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 Aviation Electric Actuator Systems Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Military
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) Aviation Electric Actuator Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aviation Electric Actuator Systems 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) Aviation Electric Actuator Systems Market Size Forecast by Type
13.6.1 Hardware Devices
13.6.2 Solution
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) Aviation Electric Actuator Systems Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Military
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 Electric Actuator Systems Market: Competitive Dashboard
14.2 Global Aviation Electric Actuator Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sitec Aerospace
14.3.2 Rockwell Collins
14.3.3 Honeywell
14.3.4 Eaton
14.3.5 Moog
14.3.6 SAAB
14.3.7 Parker
14.3.8 Woodward
14.3.9 UTC
14.3.10 Curtiss Wright
14.3.11 Beaver
14.3.12 Merrill
14.3.13 GE Aviation
14.3.14 Arkwin
