Commercial Aircraft Actuation Systems Market 2018-2023 | Honeywell, Moog, Parker Aerospace, UTC Aerospace Systems and Eaton

Global Commercial Aircraft Actuation System Market, By Type (Hydraulic, Electric and Pneumatic), By Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft and Others) and Region - Forecast 2017-2023.

The major player operating in the market are Honeywell, Parker Aerospace, UTC Aerospace Systems, Eaton Corporation Plc, Liebherr, Moog, Curtiss Wright, Saab AB, Woodward Inc., and Triumph Group Inc.

Actuation systems form an integral part of a commercial aircraft, and almost every movable part has an actuator; for example, actuators extend and retract landing gears, monitor and control velocity, control engine speed by adjusting levers and flaps. Different sources of energy such as electricity, hydraulic fluid pressure, or pneumatic pressure, which convert energy into motion, are used to operate the actuation systems. The global commercial aircraft actuation system market revenue is forecast to reach USD 874.4 Million in 2023 with a CAGR 5.05% in the forecast period.

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Market Highlights

The defense units of many countries are strengthening their position globally by manufacturing combat planes, helicopters, and transport aircraft. In 2014, the U.S. possessed 14,000 military aircraft, Russia had 4,000, China had 3,000, and India had 2,000. Thus, increase in number of aircrafts is expected to drive the market. However, high cost associated with autopilot system is the major restraint that could hinder the market.

Market Research Analysis

The global commercial aircraft actuation systems market has been analyzed based on the three segments, namely type, aircraft type and regions.

On the basis of type, the global commercial aircraft actuation systems market is segmented as electric, hydraulic, pneumatic and mechanical. The hydraulic actuation systems are expected to dominate the market with largest share. The growth of the segment can be attributed to increasing demand in operating wheel brakes, land gear, and speed propellers. On the other hand, there is a shifting trend towards electric actuators. Thus, advancements in electric actuators recently is expected to significantly boost the growth of the segment during the forecast period.

Based on aircraft type, the market is bifurcated as narrow body, wide body and others. The narrow body segment is expected to witness exponential growth in North America due to rise in aircraft sales, technological advancement, and increasing passenger traffic.

Scope of the Report

This study provides an overview of the global commercial aircraft actuation systems market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global commercial aircraft actuation systems market by its type, by aircraft type and region.

By Type

• Electric
• Hydraulic
• Pneumatic
• Mechanical

By Aircraft Type

• Narrow Body
• Wide Body
• Others

By Region

• Asia Pacific
• North America
• Europe
• Rest of World

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The report for Global Commercial Aircraft Actuation System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Major TOC :

1 Executive Summary$ 1,350.00

2 Introduction$ 0.00
2.1 Definition 15
2.2 Scope Of The Study 15
2.3 Assumptions 15
2.4 Market Structure 16

3 Research Methodology$ 0.00
3.1 Research Process 17
3.2 Primary Research 18
3.3 Secondary Research 18
3.4 Market Size Estimation 18
3.5 Forecast Model 20

Continued........

List of Tables$

Table 1 Market Synopsis 14
Table 2 Granted Patents on Aircraft Actuation System (Oct 13th, 2012 – Oct 13th, 2017) 30
Table 3 Global Commercial Aircraft Actuation System Market, by Type, 2015-2023 (Usd Million) 35
Table 4 Global Commercial Aircraft Actuation System Market, by Aircraft Type, 2015-2023 (Usd Million) 39
Table 5 Global Commercial Aircraft Actuation System Market, by Region, 2015-2023 (Usd Million) 44
Table 6 North America: Commercial Aircraft Actuation System Market, by Country, 2015-2023 (Usd Million) 45
Table 7 North America: Commercial Aircraft Actuation System Market, by Type, 2015-2023 (Usd Million) 46
Table 8 North America: Commercial Aircraft Actuation System Market, by Aircraft Type, 2015-2023 (Usd Million) 47
Table 9 U.s.: Commercial Aircraft Actuation System Market, by Type, 2015-2023 (Usd Million) 48

Continued.......

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