Press release
Aerospace Actuators Market is Forecasted to Reach US$15.6 Billion in 2034, Says Stratview Research
The global Aerospace Actuators market size was valued at US$11.0 billion in 2024 and is projected to reach US$15.6 billion by 2034, witnessing a market growth CAGR of 3.3% from 2025 to 2034, according to an analysis by Stratview Research.Stratview Research, a global market research firm, has launched a report on the global Aerospace Actuators market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3422/aerospace-actuators-market.html#form
Market Statistics:
Market Size in 2024: US$11.0 billion
Market Size in 2034: US$15.6 billion
Growth (CAGR): 3.3% during 2025-2034
Leading Platform Type: Commercial Aircraft
Leading Actuator Type: Primary Flight Control Actuators
Leading Actuator Technology Type: Hydraulic
Leading End User Type: OE
Leading Region: North America
Forecast Period: 2025-2034
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights & Market Share Analysis of the Aerospace Actuators Market:
The global Aerospace Actuators market is segmented based on Platform type, Actuator type, Actuator Technology type, End User type, and Region.
Based on platform type -
- The aerospace actuators market is segmented into commercial aircraft, regional aircraft, general aviation, helicopter, defense, UAV, and space.
- Rising global air travel demand is leading to higher airline orders for fuel-efficient and next-generation commercial aircraft; massive order backlogs from Airbus and Boeing ensure steady production; integration of fly-by-wire systems, electric actuators, and digital cockpit control panels is more prevalent in commercial platforms, supporting market growth.
Based on the actuator type -
- The market is segmented into primary flight control actuators, secondary flight control actuators, landing gear, thrust reversers, engine control, utilities, seats, weapon release, missiles, and other actuators.
- Owing to the high focus on safer and lighter flight control systems and the usage of many actuators, the primary flight control actuators are expected to be the dominant category. The primary flight control actuators are vital components in both commercial and military aircraft as they manage the basic movements of an aircraft, such as pitch, roll, and yaw, by controlling surfaces like rudders, elevators, and ailerons.
- Advancements in actuator technology, such as the integration of fly-by-wire systems, have significantly enhanced the performance and reliability of primary flight control actuators, reinforcing their market dominance in the aerospace actuators industry.
Which region shows the most promising growth forecast and opportunity?
- North America is anticipated to maintain its dominance in the aerospace actuators market. With one of the world's largest fleets of both commercial and military aircraft, the USA is the market's growth engine. Most of the major players in the aerospace actuators market have their presence in the region to cater to the emergent needs of OEMs and be their partner for their upcoming aircraft programs or upcoming fuel-efficient variants of existing aircraft programs.
- Asia-Pacific is expected to grow at the fastest rate in the market, owing to rising demand for commercial aircraft to accommodate growing passenger traffic, rising defense spending in important economies, the opening of Boeing and Airbus assembly plants, and the indigenous commercial aircraft.
Aerospace Actuators Market Drivers:
Some of the key drivers listed in the report are given below.
- The rising adoption of the More Electric Aircraft (MEA) concept, which focuses on improving fuel efficiency and minimizing operational costs through the replacement of traditional hydraulic systems with electric actuators.
- The surging demand for commercial aircraft, spurred by the growth in passenger and freight traffic, entry of programs (B777x, C919, etc.), expected rise in the aircraft fleet size, and advancements in actuator technology also contribute to this upward trend.
Competitive Landscape: Top Companies in the Aerospace Actuators Market:
Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the Aerospace Actuators Market:
• Moog Inc.
• Collins Aerospace
• Parker Hannifin Corporation
• Woodward, Inc.
• Liebherr Group
• TransDigm Group
• Triumph Group
• Curtis-Wright Corporation
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Please write to us at sales@stratviewresearch.com
What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the Aerospace 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?
For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com
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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.
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Global Micro Actuator Market Research Report 2018
1 Micro Actuator Market Overview
1.1…
