Press release
Aviation Actuator System Market to reach USD 1370.43 Mn by 2026, emerging at a CAGR of 5.84 percent and forecast (2019-2026)
The global aviation actuator system market was valued at USD 870 Mn in 2019 and is expected to reach USD 1370.43 Mn by 2026, with a CAGR of 5.84 percent during the forecast period.Global Aviation Actuator System Market Report Scope and Research Methodology
The actuators are used to limit and control the engine speed and velocity by managing the valves and levers. The report covers the aviation actuator system market segment analysis, which is led by the electrohydraulic segment and is projected to continue its control over the forecast period. The commercial aviation sector is projected to grow at a great pace during the forecast period, generating a great demand for aviation actuator systems in this segment.
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The report provides a comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the global aviation actuator system market. It includes market segmentation on the basis of type, source, end-user, and region (country-wise). The research methodology followed includes primary and secondary research, with data analyzed using various statistical tools.
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Global Aviation Actuator System Market Dynamics
The growing metropolitan population has increased air travel globally, leading to an increasing number of operational aircraft, which is driving the aviation actuator system market. Using more electrical systems in the aircraft decreases the weight of the aircraft, raising the utilization of fuel. New aircraft manufacturers in the market have augmented the demand for the actuator market.
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Defense budget cuts, government rules and regulations relating to pollution, and the need for strong airport infrastructure with improved systems are estimated to hinder the growth rate during the forecast period.
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Global Aviation Actuator System Market Regional Insights
North America is estimated to be the largest market share in the aviation actuator system market, with various aircraft manufacturers in the region such as Bombardier Inc. The increasing use of aircraft in the defense sector is also driving the actuator systems market.
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Global Aviation Actuator System Market Segmentation
By Product:
• Electric
• Electromechanical
• Electrohydraulic
• Electro Hydrostatic
By Application:
• Flight Control
• Landing Gear
• Auxiliary Control
By Aircraft:
• Narrow Body Aircraft
• Wide Body Aircraft
• Very Large Aircraft
• Transport Aircraft
• Fighter Aircraft
By End User:
• Commercial Aviation
• Defense
Global Aviation Actuator System Market Key Competitors include:
• GE Aviation
• Honeywell International Inc.
• Moog Inc.
• Rockwell Collins, Inc.
• United Technologies Corporation
• Woodward Inc.
• Beaver Aerospace & Defense, Inc.
• Electromech Technologies.
• UTC Aerospace Systems.
• Saab AB
• Arkwin
• Cesa
• Curtiss-Wright Corporation
• Eaton Industries GmbH
• Parker Hannifin Corp.
• Emerson Electric
• SMC Corporation
• Siemens
• Flowserve
• Festo AG
Table of Content for Global Aviation Actuator System Market
Global Aviation Actuator System Market: Research Methodology
Global Aviation Actuator System Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Aviation Actuator System Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Aviation Actuator System Market Segmentation
Global Market, by Product (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by Aircraft (2021-2029)
Global Market, by End User (2021-2029)
Regional Global Aviation Actuator System Market (2021-2029)
Regional Market, by Product (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Aircraft (2021-2029)
Regional Market, by End User (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product, Application, Aircraft and End User
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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