Press release
Aircraft Actuator Market to Witness a Healthy CAGR of 5.6% with US$ 25.65 Billion by 2032
Polaris Market Research's latest report analyzes that the aircraft actuator market is poised to witness steady growth. The market was valued at USD 15.8 billion in 2023 and is anticipated to grow to USD 25.65 billion by 2032. The industry is anticipated to exhibit a compound annual growth rate (CAGR) of 5.6% during the forecast period.An actuator is a device that's responsible for translating mechanical motion into linear motion. It plays an active role in control systems as it's responsible for converting electricity into a specific motion. To cater to the varying market needs, actuators are available in various shapes and sizes. Depending on the medium used for force generation, each type of actuator works a little differently. As aircraft actuator, as the name implies, is an actuator that performs the function of converting power into motion or force in an aerospace environment. Owing to their widespread applications, actuators are one of the most important components of an aircraft. There are several types of actuators in the market, including linear actuators, hydraulic actuators, and solenoid actuators.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/aircraft-actuator-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐๐๐ญ๐จ๐ซ๐ฌ
The rising adoption of advanced technologies has encouraged original equipment manufacturers to design and develop new electric aircraft architecture within the shortest time period. This, in turn, is driving the market for aircraft actuators forward.
The market for new advanced aircraft actuators is growing due to various factors like the recognizable problems associated with the use of conventional traditional actuators. Modern actuators for aircraft take away the problems associated with the use of traditional actuators, thereby fueling the expansion of the industry.
๐๐๐ฒ ๐๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ง๐ญ๐ฌ
โข Raytheon Technologies Corporation
โข Curtiss-Wright Corporation
โข Curtiss-Wright Corporation
โข Safran SA
โข Liebherr-international Deutschland GmbH
โข Moog Inc.
โข Eaton Corporation plc
โข Moog Inc.
โข maxon motor ag
โข Sitec Aerospace GmbH
โข Progressive Automation Inc Tamagawa Seiki Co. Ltd.
โข PARKER HANNIFIN CORP
โข Aero Space Controls Corporation
โข Beaver Aerospace & Defense
โข Inc" Eaton Corporation PLC
โข Rockwell Collins
โข Price Wheeler Corp.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/2174/2
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
โข The aircraft actuator market segmentation is primarily based on installation type, Wing type, technology, and region.
โข By installation type analysis, the fixed wing aircrafts segment held high demand owing to speedy urbanization and the rising proliferation of aircraft OEMs.
โข By technology analysis, the hydraulic actuators segment is anticipated to witness higher demand as it offers essential benefits for high-performance applications.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/aircraft-actuator-market
๐๐ฎ๐ญ๐จ๐ฉ๐ข๐ฅ๐จ๐ญ ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข The camera segment is expected to grow at the highest CAGR during the projected period on account of increasing autonomous driving technology
โข The passenger cars segment accounted for the largest market share in 2022, which is mainly driven by cost-effectiveness, higher performance, and flexibility
โข ICE Vehicles segment held a significant market revenue share in 2022, mainly due to better technological innovations
โข Europe region dominated the market with a majority share in 2022, owing to exponential growth in technology and rising R&D investments
โข The global key market players include Aptiv PLC (Aptiv), Continental AG, DENSO Corporation, General Motors Company (GM), Mobileye N.V. (Intel Corporation)
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐๐ฌ (๐๐ฏ) ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/electric-vehicles-ev-market
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ซ๐๐ค๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-brake-systems-market
๐๐ซ๐๐ข๐ง ๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/train-battery-market
๐๐๐ฑ๐๐๐จ๐ฉ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/hexacopter-market
๐๐จ๐ฏ๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/hoverboard-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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