Military Actuators Industry to See Robust Expansion, Valued at $2.61 Billion by 2029

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What Is the Projected CAGR for the Military Actuators Market from 2024 to 2025?
In previous years, the market size for military actuators has seen robust expansion. The projected growth is from $1.61 billion in 2024 to $1.76 billion in 2025 with a compound annual growth rate (CAGR) hitting 9.8%. The increase during the historical period has been influenced by factors such as investments in aerospace and defense, enhancements in weapon systems, military machinery automation, integration of naval systems, and the growth of unmanned systems.

What are the Expected Market Size and CAGR for Military Actuators by 2029?
The market size for military actuators is projected to experience a steep increase in the coming years, with expectations to reach $2.61 billion in 2029 at a Compound Annual Growth Rate (CAGR) of 10.2%. This surge during the forecast period is due to reasons like enhancements in defense systems, growth in unmanned systems, heightened cybersecurity issues, shift towards intelligent actuators, and breakthroughs in robotics. Other projected trends for this period involve adaptation to harsh conditions, increment in robotics and autonomous systems, focus on stealth and low noise, improved reliability and redundancy, and the uptake of smart actuators.

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Which Factors Are Driving the Global Military Actuators Market Expansion?
The surge in military expenditures is a crucial factor driving the expansion of the military actuators market. This increase in spending by governments worldwide is primarily targeted at supplying the military with weapons, equipment, soldiers, and motion control provisions including torque and gear automation for logistics transportation, weaponry operations, and other essential military applications. The increased military financing from various global countries is positively impacting the military actuators market. To demonstrate, the Stockholm International Peace Research Institute (SIPRI), a non-partisan research organization located in Sweden, noted in April 2024 that total worldwide military spending touched $2443 billion in 2023, marking a 6.8 per cent increase in real terms compared to 2022. Consequently, this escalating military expenditure is set to propel the growth of the military actuators market.

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Which Segment Currently Holds the Largest Share of the Military Actuators Market?
The military actuators market covered in this report is segmented -

1) By Type: Linear, Rotary
2) By Component: Cylinders, Drives, Servo Valves, Manifolds, Other Components
3) By System: Hydraulic Actuators, Electrical Actuators, Pneumatic Actuators, Electromechanical Actuators, Other Systems
4) By Application: Land, Air, Sea

Subsegments:
1) By Linear Actuators: Electric Linear Actuators, Hydraulic Linear Actuators, Pneumatic Linear Actuators, Mechanical Linear Actuators
2) By Rotary Actuators: Electric Rotary Actuators, Hydraulic Rotary Actuators, Pneumatic Rotary Actuators, Stepper Motors, Servo Motors

Which Major Trends Are Shaping the Future of the Military Actuators Industry?
Major players in the military actuators industry are concentrating on the creation of precise motion controls, such as electromechanical industrial actuators, as a way of boosting revenues. These tools turn electrical energy into mechanical action, making fine-tuned motion management and automation a possibility in industrial settings. For instance, Moog Inc., an American company that manufactures aviation and aerospace components, initiated the DARPA Gremlins program in January 2022. The goal of this program is to research and showcase unmanned aerial vehicles (UAVs) capable of mid-air launch and recovery. This venture aims to improve military functionality by allowing large aircraft like C-130s to send out groups of affordable, reusable drones for electronic warfare and reconnaissance assignments. The Gremlins program is set to prove the viability of releasing multiple X-61A Gremlins Air Vehicles (GAVs) from a host plane and retrieving them when the mission is over. The main objectives involve proving the capability to dispatch and recover multiple GAVs in a limited time, optimally within half an hour. Moog's systems were instrumental in successfully launching and collecting GAVs during multiple sorties, logging a cumulative 6.7 flight hours, and notably, a 1.4-hour airborne recovery operation.

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Which Key Players Dominate the Military Actuators Industry Globally?
Major companies operating in the military actuators market include Curtiss-Wright Corporation, Triumph Group Inc., Moog Inc., Meggitt plc, Venture Manufacturing Company, Parker Hannifin Corporation, Kyntronics Inc., Nook Industries Inc., AMETEK Inc., Ultra Motion, Elektro-Metall Export GmbH, Honeywell International Inc., Safran S.A., Arkwin Industries Inc., Hunt Valve Company, Raytheon Technologies Corporation, Creative Motion Control, AUMA Riester GmbH & Co. KG, Liebherr-International Deutschland GmbH, Cobham Limited, Woodward Inc., Danaher Motion, Eaton Corporation plc, ElectroCraft Inc., GE Aviation, General Dynamics Corporation, HITTICO Lincoln, ITT Enidine Inc., Kollmorgen Corporation, Lord Corporation, MTS Systems Corporation, Nidec Corporation

What Are the Fastest-Growing Regions in the Military Actuators Market?
North America was the largest region in the military actuators market in 2024. The regions covered in the military actuators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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