HOME Top Market Reports Actuator Systems Market in Aviation by Product (Electric, Electrohydraulic, Electromechanical, Electrohydrostatic), Application (Flight Control System, Landing Gear, Auxiliary Control), Aircraft Type, End User and Region - Global Forecast to 2021

Actuator Systems Market in Aviation by Product (Electric, Electrohydraulic, Electromechanical, Electrohydrostatic), Application (Flight Control System, Landing Gear, Auxiliary Control), Aircraft Type, End User and Region - Global Forecast to 2021

By: marketsandmarkets.com
Publishing Date: July 2016
Report Code: AS 2221

 

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The aviation actuator systems market is projected to grow from USD 776.5 Million in 2015 to USD 1090.9 Million by 2021, at a CAGR of 5.82%. The base year considered for the report is 2015, and the forecast period is between 2016 and 2021.

Objective of the Study:

The report forecasts the aviation actuator systems market for the next five years. It also identifies and analyzes evolving technologies, recent developments, and high potential geographic regions and countries. The aviation actuator systems market has been analyzed on the basis of product type, application, aircraft type, end user, and region. The report provides a competitive landscape of key players in the market with explicit focus on their product offerings, key financials, and growth strategies adopted by them to sustain their market position.

Research Methodology:

Key players in the aviation actuator systems market have been identified through secondary research and their market shares have been determined through both primary and secondary research. These include a study of annual and financial reports of top players and extensive interviews of key industry experts. Some of the secondary sources include The Federal Aviation Administration, Aviation Week, NASA.gov, Reuters, Factiva, among others.

All the percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to procure the final quantitative and qualitative data. This data has been consolidated, added with detailed inputs and analysis by MarketsandMarkets, and presented in this report. The following figure represents the primary interview breakdown undertaken during the course of this study on the aviation actuator systems market:

Actuator Systems Market in Aviation

To know about the assumptions considered for the study, download the pdf brochure

The ecosystem of the aviation actuator systems market comprises raw material suppliers; OEMs (component manufacturers) such as United Technologies Corporation (U.S.), Parker Hannifin Corp. (U.S.), Eaton (Ireland), Honeywell International, Inc. (U.S.), Rockwell Collins (U.S.), and Moog Inc. (U.S.); system integrators such as Rockwell Collins (U.S.), General Electric (U.S.), UTC Aerospace Systems (U.S.); airplane manufacturers such as Boeing (U.S.), Airbus (France), Bombardier (Canada), Embraer (Brazil), Comac (China), Dassault Systèmes (France) among others; and end users as important elements.

Key Target Audience:

  • Actuator System Manufacturers
  • Actuator Parts Providers or Suppliers
  • Subcomponent Manufacturers
  • Defense Aircraft Actuator System Manufacturers
  • Commercial Aircraft Actuator System Manufacturers

“Furthermore, this study answers several questions for stakeholders, primarily which market segments to focus on prioritizing efforts and investments to be made in this industry over the period of next five years”

Scope of the Report

This research report categorizes the aviation actuator systems market into the following segments and subsegments:

Aviation Actuator Systems Market, By Product Type

  • Electric
  • Electromechanical
  • Electrohydraulic
  • Electrohydrostatic

Aviation Actuator Systems Market, By Application

  • Flight Control
  • Landing Gear
  • Auxiliary Control

Aviation Actuator Systems Market, By Aircraft Type

  • Narrow Body Aircraft
  • Wide Body Aircraft
  • Very Large Aircraft
  • Transport Aircraft
  • Fighter Aircraft

Aviation Actuator Systems Market, By End User

  • Commercial Aviation
  • Defense

Aviation Actuator Systems Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • RoW

Customizations available for the report:

With the given market data, MarketsandMarkets offers customizations as per specific needs of a company. The following customization options are available for the report:

  • Market analysis, By Subpart
    • Hydraulic Cylinder
    • Pump
    • Actuator
    • Others
  • Additional profiling of up to five companies

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Limitations
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Factor Analysis
           2.2.1 Introduction
           2.2.2 Demand-Side Indicators
                    2.2.2.1 Strong Growth in Aircraft Deliveries
                    2.2.2.2 Rise in Air Passengers Globally
           2.2.3 Supply-Side Indicators
                    2.2.3.1 Need for Minimizing Limitations
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Market Breakdown & Data Triangulation
    2.5 Research Assumptions

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 31)
    4.1 Attractive Opportunities in Aviation Actuator Market
    4.2 Aviation Actuator Market, By End User
    4.3 Aviation Actuator Market, By Region
    4.4 Aviation Actuator Market, By Aircraft Type
    4.5 Aviation Actuator Market, By Product Type

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Aviation Actuator Market: By Product Type
           5.2.2 Aviation Actuator Market: By Application
           5.2.3 Aviation Actuator Market: By Aircraft Type
           5.2.4 Aviation Actuator Market: By End User
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Aircraft Orders
                    5.3.1.2 Increasing Passenger Traffic Across the Globe
                    5.3.1.3 Increasing Profitability of Airliners
                    5.3.1.4 Growing Demand for More Electric Aircraft and Automation
           5.3.2 Restraints
                    5.3.2.1 Existing Backlogs in Aircraft Deliveries
                    5.3.2.2 Power Consumption Issues in Electric Actuators
                    5.3.2.3 Leakage Issues in Hydraulic and Pneumatic Actuators
           5.3.3 Opportunities
                    5.3.3.1 Emerging Aviation Industry in the Asia-Pacific Region
                    5.3.3.2 Implementation of Internet of Things (IoT) in Aviation Industry
           5.3.4 Challenges
                    5.3.4.1 Stringent Regulatory Environment

6 Industry Trends (Page No. - 43)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Competitive Rivalry
           6.3.2 Threat of Substitute
           6.3.3 Bargaining Power of Buyers
           6.3.4 Bargaining Power of Suppliers
           6.3.5 Threat of New Entrants
    6.4 Technology Trends in Aviation Actuator Market
           6.4.1 Electric Actuators
           6.4.2 Shape-Changing Wing for Next Generation Aviation
           6.4.3 Sweeping Jet Actuators
           6.4.4 Plasma Wing Actuator

7 Aviation Actuator Systems Market, By Product Type (Page No. - 50)
    7.1 Introduction
    7.2 Electric Actuators
    7.3 Electromechanical Actuators
    7.4 Electrohydraulic Actuators
    7.5 Electrohydrostatic Actuators

8 Aviation Actuator Systems Market, By Aircraft Type (Page No. - 55)
    8.1 Introduction
    8.2 Narrow Body Aircraft
    8.3 Wide Body Aircraft
    8.4 Very Large Aircraft
    8.5 Fighter Aircraft
    8.6 Transport Aircraft

9 Aviation Actuators Systems Market, By End User (Page No. - 61)
    9.1 Introduction
    9.2 Commercial Aviation
    9.3 Defense

10 Aviation Actuators Systems Market, By Application (Page No. - 64)
     10.1 Introduction
     10.2 Flight Control
     10.3 Landing Gear
     10.4 Auxiliary Control

11 Regional Analysis (Page No. - 68)
     11.1 Introduction
     11.2 North America
             11.2.1 By Product Type
             11.2.2 By Aircraft Type
             11.2.3 By Country
                        11.2.3.1 U.S.: Aviation Actuator Market Size, By Product Type
                        11.2.3.2 U.S.: Aviation Actuator Market Size, By Aircraft Type
                        11.2.3.3 U.S.: Aviation Actuator Market Size, By Application
                                     11.2.3.3.1 U.S.: Aviation Actuator Market Size, By Commercial Application
                                     11.2.3.3.2 U.S.: Aviation Actuator Market Size, By Defense Application
                        11.2.3.4 Canada: Aviation Actuator Market Size, By Product Type
                        11.2.3.5 Canada: Aviation Actuator Market Size, By Application
                                     11.2.3.5.1 Canada: Aviation Actuator Market Size, By Commercial Application
     11.3 Europe
             11.3.1 By Product Type
             11.3.2 By Aircraft Type
             11.3.3 By Country
                        11.3.3.1 France: Aviation Actuator Market Size, By Product Type
                        11.3.3.2 France: Aviation Actuator Market Size, By Aircraft Type
                        11.3.3.3 France: Aviation Actuator Market Size, By Application
                                     11.3.3.3.1 France: Aviation Actuator Market Size, By Commercial Application
                                     11.3.3.3.2 France: Aviation Actuator Market Size, By Defense Application
                        11.3.3.4 Germany: Aviation Actuator Market Size, By Product Type
                        11.3.3.5 Germany: Aviation Actuator Market Size, By Application
                        11.3.3.6 U.K.: Aviation Actuator Market Size, By Product Type
                        11.3.3.7 U.K.: Aviation Actuator Market Size, By Application
                        11.3.3.8 Italy: Aviation Actuator Market Size, By Product Type
                        11.3.3.9 Italy: Aviation Actuator Market Size, By Aircraft Type
                        11.3.3.10 Italy: Aviation Actuator Market Size, By Application
                        11.3.3.11 Turkey: Aviation Actuator Market Size, By Product Type
                        11.3.3.12 Turkey: Aviation Actuator Market Size, By Application
     11.4 Asia-Pacific
             11.4.1 By Product Type
             11.4.2 By Aircraft Type
             11.4.3 By Country
                        11.4.3.1 Russia: Aviation Actuator Market Size, By Product Type
                        11.4.3.2 Russia: Aviation Actuator Market Size, By Aircraft Type
                        11.4.3.3 Russia: Aviation Actuator Market Size, By Application
                        11.4.3.4 China: Aviation Actuator Market Size, By Product Type
                        11.4.3.5 China: Aviation Actuators Market Size, By Aircraft Type
                        11.4.3.6 China: Aviation Actuator Market Size, By Application
                                     11.4.3.6.1 China: Aviation Actuator Market Size, By Commercial Application
                                     11.4.3.6.2 China: Aviation Actuator Market Size, By Defense Application
                        11.4.3.7 India: Aviation Actuator Market Size, By Product Type
                        11.4.3.8 India: Aviation Actuator Market Size, By Application
     11.5 Rest of the World (RoW)
             11.5.1 By Product Type
             11.5.2 By Aircraft Type
             11.5.3 By Country
                        11.5.3.1 Brazil: Aviation Actuator Market Size, By Product Type
                        11.5.3.2 Brazil: Aviation Actuator Market Size, By Aircraft Type
                        11.5.3.3 Brazil: Aviation Actuator Market Size, By Application
                                     11.5.3.3.1 Brazil: Aviation Actuator Market Size, By Commercial Application
                                     11.5.3.3.2 Brazil: Aviation Actuator Market Size, By Defense Application
                        11.5.3.4 Israel: Aviation Actuator Market Size, By Product Type
                        11.5.3.5 Israel: Aviation Actuator Market Size, By Application

12 Competitive Landscape (Page No. - 94)
     12.1 Introduction
     12.2 Competitive Situation and Trends
     12.3 Product Mapping
     12.4 Rank Analysis of Aviation Actuator Market
             12.4.1 Contracts
             12.4.2 New Product Launches
             12.4.3 Agreements, Partnerships, Acquisitions, Joint Ventures and Collaborations
             12.4.4 Expansions

13 Company Profiles (Page No. - 101)
     13.1 Introduction
(Overview, Financials, Products & Services, Strategy, and Developments)*
     13.2 Honeywell International Inc.
     13.3 United Technologies Corporation
     13.4 Rockwell Collins, Inc.
     13.5 Parker Hannifin Corp.
     13.6 Eaton
     13.7 Curtiss-Wright Corporation
     13.8 Saab AB
     13.9 Moog Inc.
     13.10 Woodward Inc.
     13.11 GE Aviation

*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 126)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Introducing RT: Real Time Market Intelligence
     14.4 Available Customization
     14.5 Related Reports


List of Tables (71 Tables)

Table 1 Porter’s Five Forces Analysis With Its Weightage and Impact (2015)
Table 2 Aviation Actuator Market, By Product, 2014-2021 (USD Million)
Table 3 Electric Actuator Market, By Region, 2014-2021 (USD Million)
Table 4 Electromechanical Actuator Market, By Region, 2014-2021 (USD Million)
Table 5 Electrohydraulic Actuator Market, By Region, 2014-2021 (USD Million)
Table 6 Electrohydrostatic Actuator Market, By Region, 2014-2021 (USD Million)
Table 7 Aviation Actuator Systems Market, By Aircraft Type, 2014-2021 (USD Million)
Table 8 Narrow Body Aircraft: Actuator Systems Market, By Region, 2014-2021 (USD Million)
Table 9 Wide Body Aircraft: Actuator Systems Market, By Region, 2014-2021 (USD Million)
Table 10 Very Large Aircraft: Actuator Systems Market, By Region, 2014-2021 (USD Million)
Table 11 Fighter Aircraft: Actuator Systems Market, By Region, 2014-2021 (USD Million)
Table 12 Transport Aircraft: Actuator Systems Market, By Region, 2014-2021 (USD Million)
Table 13 Aviation Actuators Market Size, By End User, 2014-2021 (USD Million)
Table 14 Commercial Aviation Actuators Market Size, By Application, 2014-2021 (USD Million)
Table 15 Defense Actuators Market Size, By Application, 2014-2021 (USD Million)
Table 16 Aviation Actuator Market Size, By Region, 2014-2021 (USD Million)
Table 17 North America: Aviation Actuator Market Size, By Product Type, 2014-2021 (USD Million)
Table 18 North America: Aviation Actuator Market Size, By Aircraft Type, 2014-2021 (USD Million)
Table 19 North America: Aviation Actuator Market Size, By Country, 2014-2021 (USD Million)
Table 20 U.S. Aviation Actuator Market Size, By Product Type, 2014-2021 (USD Million)
Table 21 U.S. Aviation Actuator Market Size, By Aircraft Type, 2014-2021 (USD Million)
Table 22 U.S. Aviation Actuator Market Size, By Application, 2014-2021 (USD Million)
Table 23 U.S. Aviation Actuator Market Size, By Commercial Application, 2014-2021 (USD Million)
Table 24 U.S. Aviation Actuator Market Size, By Defense Application, 2014-2021 (USD Million)
Table 25 Canada Aviation Actuator Market Size, By Product Type, 2014-2021 (USD Million)
Table 26 Canada Aviation Actuator Market Size, By Application, 2014-2021 (USD Million)
Table 27 Canada Aviation Actuator Market Size, By Commercial Application, 2014-2021 (USD Million)
Table 28 Europe: Aviation Actuator Market Size, By Product Type, 2015-2021 (USD Million)
Table 29 Europe: Aviation Actuator Market Size, By Aircraft Type, 2015-2021 (USD Million)
Table 30 Europe: Aviation Actuator Market Size, By Country, 2015-2021 (USD Million)
Table 31 France Aviation Actuator Market Size, By Product Type, 2014-2021(USD Million)
Table 32 France Aviation Actuator Market Size, By Aircraft Type, 2014-2021(USD Million)
Table 33 France Aviation Actuator Market Size, By Application, 2014-2021(USD Million)
Table 34 France Aviation Actuator Market Size, By Commercial Application, 2014-2021(USD Million)
Table 35 France Aviation Actuator Market Size, By Defense Application, 2014-2021 (USD Million)
Table 36 Germany Aviation Actuator Market Size, By Product Type, 2014-2021 (USD Million)
Table 37 Germany Aviation Actuator Market Size, By Application, 2014-2021 (USD Million)
Table 38 U.K. Aviation Actuator Market Size, By Product Type, 2014-2021 (USD Million)
Table 39 U.K. Aviation Actuator Market Size, By Application, 2014-2021 (USD Million)
Table 40 Italy Aviation Actuator Market Size, By Product Type, 2014-2021 (USD Million)
Table 41 Italy Aviation Actuator Market Size, By Aircraft Type, 2014-2021 (USD Million)
Table 42 Italy Aviation Actuator Market Size, By Application, 2014-2021 (USD Million)
Table 43 Turkey Aviation Actuator Market Size, By Product Type, 2014-2021 (USD Million)
Table 44 Turkey Aviation Actuator Market Size, By Application, 2014-2021(USD Million)
Table 45 Asia Pacific: Aviation Actuator Market Size, By Product Type, 2014-2021 (USD Million)
Table 46 Asia Pacific: Aviation Actuator Market Size, By Aircraft Type, 2014-2021 (USD Million)
Table 47 Asia-Pacific: Aviation Actuator Market Size, By Country, 2014-2021 (USD Million)
Table 48 Russia Aviation Actuator Market Size, By Product Type, 2014-2021 (USD Million)
Table 49 Russia Aviation Actuator Market Size, By Aircraft Type, 2014-2021 (USD Million)
Table 50 Russia Aviation Actuator Market Size, By Application, 2014-2021 (USD Million)
Table 51 China Aviation Actuator Market Size, By Product Type, 2014-2021 (USD Million)
Table 52 China Aviation Actuators Market Size, By Aircraft Type, 2014-2021 (USD Million)
Table 53 China Aviation Actuator Market Size, By Application, 2014-2021 (USD Million)
Table 54 China Aviation Actuator Market Size, By Commercial Application, 2014-2021 (USD Million)
Table 55 China Aviation Actuator Market Size, By Defense Application, 2014-2021 (USD Million)
Table 56 India Aviation Actuator Market Size, By Product Type, 2014-2021 (USD Million)
Table 57 India Aviation Actuator Market Size, By Application, 2014-2021 (USD Million)
Table 58 Rest of the World: Aviation Actuator Market Size, By Product Type, 2014-2021 (USD Million)
Table 59 Rest of the World: Aviation Actuator Market Size, By Aircraft Type, 2014-2021 (USD Million)
Table 60 Rest of the World: Aviation Actuator Market Size, By Country, 2014-2021 (USD Million)
Table 61 Brazil Aviation Actuator Market Size, By Product Type, 2014-2021 (USD Million)
Table 62 Brazil Aviation Actuator Market Size, By Aircraft Type, 2014-2021 (USD Million)
Table 63 Brazil Aviation Actuator Market Size, By Application, 2014-2021 (USD Million)
Table 64 Brazil Aviation Actuator Market Size, By Commercial Application, 2014-2021 (USD Million)
Table 65 Brazil Aviation Actuator Market Size, By Defense Application, 2014-2021 (USD Million)
Table 66 Israel Aviation Actuator Market Size, By Product Type, 2014-2021 (USD Million)
Table 67 Israel Aviation Actuator Market Size, By Application, 2014-2021 (USD Million)
Table 68 Contracts, 2012-2016
Table 69 New Product Launches, 2012-2016
Table 70 Agreements, Partnerships, Acquisitions, and Collaborations, 2012-2015
Table 71 Expansions, 2012-2016


List of Figures (71 Figures)

Figure 1 Global Aviation Actuators: Markets Covered
Figure 2 Study Years
Figure 3 Research Flow
Figure 4 Research Design
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 6 Aircraft Fleet Size (2013 & 2033)
Figure 7 Number of Passengers Traveled By Air, Globally, 2004-2014
Figure 8 Market Size Estimation Methodology: Bottom-Up Approach
Figure 9 Market Size Estimation Methodology: Top-Down Approach
Figure 10 Data Triangulation
Figure 11 Assumptions of the Research Study
Figure 12 Geographic Analysis: Aviation Actuator Market Share, 2016
Figure 13 Electrohydraulic Segment to Account for 85.80% of the Aviation Actuator Market in 2016
Figure 14 Aviation Actuator Market for Wide Body Aircraft Segment to Register Highest Growth During 2016 - 2021
Figure 15 Aviation Actuators Market for Commercial Aviation Segment to Register Highest Growth
Figure 16 Contracts is the Key Growth Strategy Adopted in Aviation Actuators Market By Key Players
Figure 17 Attractive Opportunities in Aviation Actuator Market, 2016-2021
Figure 18 Commercial Aviation End User Segment to Grow at the Highest CAGR During the Forecast Period
Figure 19 North America to Grow at the Highest CAGR During the Forecast Period
Figure 20 Wide Body Aircraft Aviation Actuators Segment to Grow at the Highest CAGR During the Forecast Period
Figure 21 Electrohydraulic Actuator Segment to Hold Highest Market Share in 2016
Figure 22 Aviation Actuator Market Segmentation
Figure 23 Aviation Actuator Market Segmentation: By Product Type
Figure 24 Aviation Actuator Market: By Application
Figure 25 Aviation Actuator Market: By Aircraft Type
Figure 26 Aviation Actuator Market: By End User
Figure 27 Aviation Actuators: Market Dynamics
Figure 28 Number of New Aircraft Orders Across the Globe, By Region
Figure 29 Passenger Traffic Across the Globe in Terms of Revenue Passenger Kilometers (RPK), By Region (2014 & 2034)
Figure 30 Profitability of Airliners Globally, Between 2010 and 2015
Figure 31 Increasing Number of Backlogs Since 2013
Figure 32 Region Wise Share of Aircraft Deliveries, Between 2015 and 2034
Figure 33 Value Chain Analysis: Aviation Actuator Market
Figure 34 Porter’s Five Forces Analysis
Figure 35 Bargaining Power of Buyers is High Qwing to the Less Number of Buyers
Figure 36 Large Number of Raw Material Suppliers Led to Moderate Degree of Competitive Rivalry
Figure 37 Threat of Substitute is Low Owing to Absence of Substitute Product
Figure 38 Less Number of Buyers is the Key Factor Supporting Increased Bargaining Power of Buyers
Figure 39 Bargaining Power of Suppliers is Impacted By Less Depedendence of Raw Material Suppliers on A Single Industry
Figure 40 High Investments in R&D Make Aviation Actuator Market Less Attractive to New Entrants
Figure 41 Aviation Actuator Market, By Product, 2016-2021 (USD Million)
Figure 42 Aviation Actuator Systems Market, By Aircraft Type, 2016-2021 (USD Million)
Figure 43 Aviation Actuators Market Size, By End User, 2016–2021 (USD Million)
Figure 44 Commercial Aviation Actuators Market Size, By Application, 2016–2021 (USD Million)
Figure 45 Defense Aviation Actuators Market Size, By Application, 2016–2021 (USD Million)
Figure 46 Geographic Snapshot (2015): Highest Growing Regions
Figure 47 North America Aviation Actuator Market: Snapshot
Figure 48 Europe Aviation Actuator Market: Snapshot
Figure 49 Asia-Pacific Aviation Actuator Market: Snapshot
Figure 50 Companies Adopted New Product Launches as the Key Growth Strategy Between 2012 and 2016
Figure 51 Aviation Actuator Market Evolution Framework, 2013 to 2015
Figure 52 Product Mapping of Top Players in Aviation Actuator Market
Figure 53 Rank Analysis of Aviation Actuator Market
Figure 54 Leading Companies in Aviation Actuator Market, By Region
Figure 55 Contracts Was the Key Growth Strategyadopted By the Key Players
Figure 56 Geographic Revenue Mix (2015)
Figure 57 Honeywell International Inc.: Company Snapshot
Figure 58 Honeywell International Inc.: SWOT Analysis
Figure 59 United Technologies Corporation: Company Snapshot
Figure 60 United Technologies Corporation: SWOT Analysis
Figure 61 Rockwell Collins, Inc.: Company Snapshot
Figure 62 Rockwell Collins: SWOT Analysis
Figure 63 Parker-Hannifin Corp.: Company Snapshot
Figure 64 Parker-Hannifin Corp.: SWOT Analysis
Figure 65 Eaton: Company Snapshot
Figure 66 Eaton: SWOT Analysis
Figure 67 Curtiss-Wright: Company Snapshot
Figure 68 Saab AB: Company Snapshot
Figure 69 Moog Inc.: Company Snapshot
Figure 70 Woodward Inc. : Company Snapshot
Figure 71 GE Aviation: Company Snapshot

The aviation actuator systems market is projected to grow from USD 822.3 Million in 2016 to USD 1090.9 Million by 2021, growing at a CAGR of 5.82% between 2016 and 2021. Factors influencing the growth of aviation actuator systems market include increasing aircraft orders along with the increasing passenger traffic across the globe. The number of aircraft has increased due to rise in air traffic. The aviation actuator systems market is highly dependent on the number of aircraft manufactured and its ability to minimize limitations of weight, high maintenance requirements, and vulnerability of security risks. This has further resulted in procurement of power-efficient and low weight actuators.

In this report, the aviation actuator systems market has been categorized into five key segments, namely, by product type, by application, by aircraft type, by end user, and by region. The product type segment has been further categorized into electric, electromechanical, electrohydraulic, and electrohydrostatic. Under the product type segment covered in the report, the aviation actuator systems market is dominated by the electrohydraulic subsegment while electrohydrostatic subsegment is expected to grow at the highest CAGR during the forecast period. This high growth if electrohydroststic actuators segment can be attributed to their characteristics which include energy savings, low investment costs, high power density and power capacity, fail-safe functionality, and easy integration into existing infrastructure.

The application segment includes flight control, landing gear, and auxiliary control. The flight control subsegment is estimated to capture the largest market share in the aviation actuator systems market owing to the use of large number of actuators in this application.

The aircraft type segment includes narrow body aircraft, wide body aircraft, very large aircraft, transport aircraft, and fighter aircraft. Wide body aircraft segment is projected to grow at the highest CAGR during the forecast period. The demand for wide body aircraft is increasing globally due to its efficiency, rise in passenger traffic, and increased connectivity between important geographical locations of developing regions and developed regions.

On the basis of end user, the aviation actuator market is segmented into commercial aviation and defense. Commercial aviation segment is expected to grow at the highest CAGR during the forecast period. Increasing orders for commercial aircraft from developing regions have led to the increased demand for commercial aircraft, which, in turn, has generated demand for aviation actuator systems in the commercial aviation segment.

On the basis of region, the market has been classified into North America, Europe, Asia-Pacific, and RoW (Rest of the World). North America is the most dominant region in the aviation actuator systems market, as of 2016, followed by Europe. The aviation actuator systems market in North America is also projected to grow at the highest CAGR during the forecast period. Factors driving the growth of aviation actuator systems market include low oil prices, expansionary fiscal & monetary policy, deleveraging private sector, and steady labor market. North America is the leading manufacturer of fighter and military transport aircraft.

Actuator Systems Market in Aviation

Factors, such as existing backlogs in aircraft deliveries, power consumption issues in electric actuators, and leakage issues in hydraulic actuators are restraining the growth of aviation actuator systems market.

Key players operating in the aviation actuator systems market are United Technologies Corporation (U.S.), Parker Hannifin Corp. (U.S.), Eaton (Ireland), Honeywell International, Inc. (U.S.), and Rockwell Collins (U.S.), and Moog Inc. (U.S.). Partnerships, collaborations, agreements, and contracts are the major growth strategies adopted by the players to strengthen their position and enhance their product offerings.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

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