Press release
Aircraft Actuators Market Research Report : Unveiling CAGR and USD Projections for Key Industries 2021-2031
Allied Market Research published a report titled, "Aircraft Actuators Market by Application (Commercial Aviation, Military Aviation, Business and General Aviation, Unmanned), by Wing Type (Fixed Wing, Rotary Wing), by Type (Linear, Rotary), by End Use (OEM, Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021-2031."According to the report, the global market for aircraft actuators is anticipated to gain $24.1 billion by 2031, having generated a share of $14.5 billion in 2021, with a noteworthy CAGR of 5.4% during the forecast period of 2022 to 2031. The Competitive analysis, regional study, value chains, key investment areas, top segments, and dynamic market trends are collectively analyzed in the report.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - https://www.alliedmarketresearch.com/request-sample/2464
Aircraft Actuators Industry Leading Players:
Woodward, Inc.
Tamagawa Seiki Co., Ltd.
itec Aerospace GmbH
Safran SA
Saab AB
Raytheon Technologies Corporation
Nabtesco Corporation
MOOG Inc.
Liebherr-International AG
ITT Inc.
Honeywell International Inc
Eaton Corporation Plc
Curtiss-Wright Corporation
Astronics Corporation
AMETEK, Inc.
Prime Determinants of Growth:
The global aircraft actuators market is driven by an increase in air travel activities, surge in adoption of electric actuators, growth in demand for fuel efficiency, and rise in operations among commercial aviation. Additionally, continuous technological advancements in aircraft across developing and developed nations and surge in military spendings will offer remunerative growth opportunities for the market in the upcoming years.
The commercial aviation segment dominated the market in 2021
On the basis of application, the commercial aviation segment contributed to the largest share of more than one-third of the total market revenue in 2021 and is estimated to dominate the market in terms of revenue from 2022 to 2031. Also, the same region is expected to showcase the fastest growth with 6.4% CAGR throughout the forecast timeframe. This is due to the increase in usage of actuators in power transmission and generation systems of commercial aircraft. The unmanned, business and general aviation, and military aviation segments are also analyzed in the report.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐๐ / ๐๐ฑ๐๐๐ฅ ๐ฐ๐ข๐ญ๐ก ๐๐ฎ๐๐ฅ๐ข๐ญ๐๐ญ๐ข๐ฏ๐ ๐๐ง๐ ๐๐ฎ๐จ๐ญ๐๐ญ๐ข๐ฏ๐ ๐๐๐ญ๐, ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ญ๐๐ญ๐ข๐ฌ๐ญ๐ข๐๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ) - https://www.alliedmarketresearch.com/aviation-actuator-system-market/purchase-options
The OEM segment to witness the fastest growth
In terms of end-use, the OEM segment grabbed the highest market share of more than four-fifths of the total market revenue in 2021 and is expected to dominate the market throughout the forecast timeframe. The same segment would manifest the fastest growth with 5.7% CAGR from 2022 to 2031. The growth is attributed to heightened demand for aircraft from manufacturers due to the surge in air traffic. The report also discusses aftermarket segment.
The fixed wing segment to witness the fastest growth during the forecast period
By wing type, the fixed wing segment dominated the market share in 2021, accounting for nearly two-thirds of the global aircraft actuators market and is estimated to maintain its dominant status with highest CAGR of 5.8% during the forecast period. The growth of the segment is attributed to a surge in utilization of fixed wing aviation in the military domain. The report also discusses rotary wing segment.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/2464
Asia-Pacific to continue its lead position by 2031
On the basis of regional analysis, the Asia-Pacific region grabbed the largest market share of more than one-third of the total market revenue in 2021 and will lead the trail from 2022 to 2031. The same region would showcase the fastest growth with 5.9% CAGR throughout the forecast timeframe. The expansion of the market across the region is due to robust demand for air travel across the region and adoption and improvement of aircraft performance systems.
๐๐๐๐ ๐๐จ๐ซ๐- https://www.alliedmarketresearch.com/aviation-actuator-system-market
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ & ๐๐๐๐๐ง๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐๐ข๐ซ๐๐จ๐ซ๐ง๐ ๐-๐๐๐ง๐ ๐๐๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/airborne-l-band-satcom-market-A09201
๐๐ข๐ฌ๐ฌ๐ข๐ฅ๐ ๐๐๐๐๐ง๐ฌ๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/missile-defense-systems-market-A11299
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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