2025-2034 Aircraft Actuator Market Evolution: Disruptions, Innovations, and Untapped Opportunities

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What Is the Expected CAGR for the Aircraft Actuator Market Through 2025?
There has been significant expansion in the aircraft actuator market in the past few years. Its value is predicted to escalate from $18.23 billion in 2024 to $20.03 billion in 2025, with a compound annual growth rate (CAGR) of 9.9%. Factors such as robust economic growth, amplified demand for commercial aircraft, growth of the aerospace and defense sector, strict environmental policies, and the need for quieter, more comfortable planes have contributed to this upswing in the historical period.

What's the Projected Size of the Global Aircraft Actuator Market by 2029?
Expectations are ripe for the aircraft actuator market size to experience robust growth in the coming years. By 2029, it is projected to expand to $28.54 billion, with a compound annual growth rate (CAGR) of 9.2%. The anticipated growth during this forecast period can be linked to factors such as increases in consumer disposable income, investment in expanding aircraft fleets, intensified demand for unmanned aerial vehicles (uavs), and renewed focus on fuel efficiency. The forecast period will likely be marked by major trends such as electromechanical actuators, predictive maintenance and health monitoring, the use of advanced materials, heightened safety and redundancy, and the introduction of eco-friendly actuation systems.

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Top Growth Drivers in the Aircraft Actuator Industry: What's Accelerating the Market?
The surge in passenger traffic worldwide is anticipated to fuel the expansion of the aircraft actuators market. These actuators, which are utilized to execute various tasks like adjusting flight control surfaces such as the elevator, rudder, and ailerons, are being driven by growing air traffic from developing countries due to sustained economic growth and a rise in consumer expenditures. For example, the International Air Transport Association (IATA) reported a 76.0% increase in global passenger traffic in March 2022 compared to March 2021. Additionally, domestic air traffic in China rose by 11.7% in March 2022. Consequently, the upsurge in passenger traffic globally is spurring on the expansion of the aircraft actuator market.

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What Trends Will Shape the Aircraft Actuator Market Through 2029 and Beyond?
The aircraft actuator market is increasingly being influenced by technological advancements. Firms in this field are now concentrating their efforts on the production of advanced technological goods to solidify their market presence. Take for example, Curtiss-Wright Corporation, a US-based aviation firm. In July 2022, this company was selected by Airbus UpNext to provide tailor-made electromechanical actuation (EMA) technology for the eXtra performance WING demonstrator project. The goal of this effort is to make decarbonization and efficiency improvements to future generation aircraft. Offering significant advantages like increased dependability, superior energy efficiency, and weight reduction, EMA technology is crucial for paving the way towards more ecological aviation solutions.

What Are the Main Segments in the Aircraft Actuator Market?
The aircraft actuator market covered in this report 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, Other End Users

Subsegments:
1) By Hydraulic Actuators: Linear Hydraulic Actuators, Rotary Hydraulic Actuators, Hydraulic Servo Actuators
2) By Pneumatic Actuators: Linear Pneumatic Actuators, Rotary Pneumatic Actuators, Pneumatic Cylinder Actuators
3) By Electric Actuators: Brushless DC Electric Actuators, Stepper Electric Actuators, AC Electric Actuators
4) By Electromechanical Actuators: DC Gear Motor Actuators, Linear Actuators with Gear Mechanism, Electric Actuators with Feedback Control
5) By Electrohydrostatic Actuators: Direct Drive Electrohydrostatic Actuators, Integrated Electrohydrostatic Actuators

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Which Top Companies are Driving Growth in the Aircraft Actuator Market?
Major companies operating in the aircraft actuator market include Honeywell International Inc., Eaton Corporation, Moog Inc., Parker Hannifin Corporation, Safran S.A., Meggitt plc, Woodward Inc., Sitec Aerospace GmbH, Progressive Automations Inc., Tamagawa Seiki Co. Ltd., Aero Space Controls Corporation, Beaver Aerospace & Defense Inc., Rockwell Collins Inc., Curtiss-Wright Corporation, Raytheon Technologies Corporation, Liebherr Group, Nabtesco Corporation, SKF Group, Arkwin Industries Inc., ITT Inc., AAR Corporation, GE Aviation Systems LLC, TransDigm Group Incorporated, BAE Systems plc, Héroux-Devtek Inc., Raytheon Technologies Corp., Lufthansa Technik AG, Electromech Technologies LLC, Hemisphere Engineering Inc., United Technologies Corp.

Which Regions Will Dominate the Aircraft Actuator Market Through 2029?
North America was the largest region in the aircraft actuators market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft actuator market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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