Actuator Systems Market

Actuator Systems Market in Aviation worth 1090.9 Million USD by 2021

The report "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", The aviation actuator systems market is projected to grow from USD 822.3 Million in 2016 to USD 1090.9 Million by 2021, at a CAGR of 5.82%. Increasing number of aircraft orders, growing trend towards for more electric aircraft (MEA), and increasing demand for automation in aviation industry are some of the key factors expected to drive the global aviation actuator systems market during the forecast period.

           Request Sample           Request Sample

Browse 71 market data Tables and 71 Figures spread through 131 Pages and in-depth TOC on "Actuator Systems Market in Aviation - Global Forecast to 2021"
Early buyers will receive 10% customization on reports.

The electrohydraulic segment to dominate the aviation actuator systems market

Aviation actuator systems market is segmented on the basis of product into electric, electromechanical, electrohydraulic, and electrohydrostatic actuators. Electrohydraulic segment dominates the studied market and is expected to continue its dominance over the forecast period. The demand for electrohydraulic actuators is primarily driven by some of its advanced features such as high reliability, effectiveness in handling impulse load, high acceleration & stall torque capability, and simple & low power electronics.

The wide body aircraft segment is expected to grow at the highest pace during the forecast period

The global aviation actuator systems market has been segmented and analyzed on the basis of aircraft type including narrow body aircraft, wide body aircraft, very large aircraft, transport aircraft, and fighter jets. Wide body aircraft segment is anticipated to grow at the highest pace during the forecast period. It is expected to dominate the market on account of its efficiency and rise in passenger traffic. Increasing connectivity between important geographical locations of developing regions and developed regions has led to the rise in demand for wide body aircraft.

The aviation actuator systems market is expected to witness the highest growth in the North American region

The aviation industry in North American region has been witnessing strong growth over the past few years, mainly driven by the increasing demand from the major aircraft manufacturers in this region including Boeing and Bombardier. Increasing number of aircraft orders to these manufacturers by major airliners across the globe is expected to propel the market growth during the forecast period.

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.). Contracts, new product launches, expansions, partnership, collaborations, and agreements are the major growth strategies adopted by the players to strengthen their position in the market.

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&Ms flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India

Report Code
AS 2221
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Actuator Systems Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
© MarketsandMarkets Research Private Ltd. All rights reserved

Digital Virtual Assistant - MarketsandMarkets