Aerospace Flight Control Actuators Market is Forecasted to Reach US$ 6030.1 million in 2028, Says Stratview Research

The global aerospace flight control actuators market is projected to witness a growth rate of 4.8% annually from 2023 to 2028, with an anticipated size of US$ 6030.1 million by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Aerospace Flight Control Actuators market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights:
Market Size in 2028: US$ 6030.1 million
Growth (CAGR): 4.8% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 5
Number of Tables & Graphs: 100+

Segment Insights on the Aerospace Flight Control Actuators Market:
The global Aerospace Flight Control Actuators market is segmented based on product type, end-use type, and region.
Based on actuator type - The market is segmented into primary flight control actuators, secondary flight control actuators-high lift systems, and secondary flight control actuators-others. Primary flight control actuators took the throne in 2022 with the highest share in the market, whereas secondary flight control actuators (high-lift systems) are likely to remain the second dominant actuator type during the forecast period. Hydraulic actuators are dominantly used in primary flight control surfaces: elevators, rudders, and ailerons.

Based on technology type - The market is segmented into hydraulic, electric, pneumatic, and others. Hydraulic is expected to remain the dominant actuator technology type in the market during the forecast period. Hydraulic actuators are easy to maintain and generate enough power to operate control surfaces with less weight & space. However, electric actuators are expected to replace conventional technologies due to their high efficiency, more electric power, and precise level of control.

To know the most attractive segments, visit:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?

North America is anticipated to maintain its dominance in the market. The USA is expected to remain the growth engine of the region's market as the country is the world's manufacturing capital of the aircraft industry and houses many large-to-small aircraft manufacturers, tier players, aircraft flight control actuator suppliers, distributors, and raw material suppliers.

Asia-Pacific is projected to experience the highest growth over the next five years, driven by a host of factors, including an increasing demand for commercial aircraft to support rising passenger traffic, the establishment of assembly plants of Boeing and Airbus in China, the upcoming indigenous commercial aircraft (COMAC C919), and a rising aircraft fleet size.

Aerospace Flight Control Actuators Market Drivers:

Some of the key drivers listed in the report are given below.
- Increasing global demand for commercial and military aircraft boosts the need for advanced flight control actuators.
- Expanding aviation industry, driven by growing air travel, demands more efficient and reliable actuator systems.
- Adoption of MEA technologies enhances demand for electrical actuators, reducing reliance on hydraulic systems.

Top Companies in the Aerospace Flight Control Actuators Market:
Stratview Research has identified the following companies as the top market players.
• Collins Aerospace
• Moog Inc.
• Parker Hannifin Corp.
• Woodward Inc.
• Liebherr Group
• Triumph Group
• TransDigm Group, Inc.
• Curtiss-Wright Corporation
• Nabtesco Corporation
• Eaton Aerospace

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aerospace Flight Control Actuators Market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive Market segments?
• Which are the top players and their Market positioning?
• How complex is the business environment?
• What are the factors affecting the Market?

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Stratview Research is a global Market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include Market assessment, due diligence, opportunity screening, voice of customer analysis, Market entry strategies, and more.

This release was published on openPR.