Aircraft Actuator Global Market Size, Share, Industry Analysis, By Motion, By Actuator Type, By Platform, By Aircraft Type, By End User And Regional Forecast 2022-2031

The global aircraft actuator market report by the business research company identifies increasing passenger traffic across the world is expected to drive the growth of the aircraft actuator market going forward. Aircraft actuators are used to perform numerous functions, such as adjusting flight control surfaces such as the elevator, rudder, and ailerons, among others. Due to continued economic growth and rising consumer spending, people from developing countries are increasing air passenger traffic, which is driving the growth of aircraft actuators. For instance, according to the International Air Transport Association (IATA), total global passenger traffic in March 2022 increased by 76.0% compared to March 2021. Also, in China, domestic air traffic increased by 11.7% in March 2022. Therefore, the increasing passenger traffic across the world is driving the growth of the aircraft actuator market.

The global aircraft actuator market size is expected to grow from $13.56 billion in 2021 to $14.85 billion in 2022 at a compound annual growth rate (CAGR) of 9.5%. The global aircraft actuator market size is expected to grow to $19.66 billion in 2026 at a CAGR of 7.3%.

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North America was the largest region in the aircraft actuator market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global aircraft actuator market during the forecast period. The regions covered in the global aircraft actuator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the aircraft actuator market are Honeywell International Inc., Eaton, Moog Inc., Parker Hannifin Corp, Safran, Meggit Plc., Woodward Inc., Sitec Aerospace GmbH, Progressive Automation Inc, Tamagawa seiki Co. Ltd., Aero Space Controls Corporation, Beaver Aerospace & Defense Inc., Rockwell Collins, and Curtiss-Wright.

The global aircraft actuator market is segmented -
1) By Actuators Type: Hydraulic, Pneumatic, Electric, Electromechanical, Electrohydrostatic
2) By Motion: Linear, Rotary
3) By Platform: Fixed Wing, Rotary Wing
4) By End-User: Commercial Aircraft, Military Aircraft, Others

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The Aircraft Actuator Market Report Contents Include
1. Executive Summary
2. Aircraft Actuator Market Characteristics
3. Aircraft Actuator Market Trends And Strategies
4. Impact Of COVID-19 On Aircraft Actuator
5. Aircraft Actuator Market Size And Growth
.....
26. Africa Aircraft Actuator Market
27. Aircraft Actuator Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aircraft Actuator Market
29. Aircraft Actuator Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the aircraft actuator market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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