Commercial Aircraft Actuation System Market Revenue, Opportunity, Forecast 2017 - 2023

Market Highlights:

The global commercial aircraft actuation system market has been experiencing substantial growth in recent years primarily due to growing air travel in developing nations. Of late, the emergence of auto pilot systems is also gaining traction. Autopilots are the best safety aid when flying in the clouds, low visibility, or in congested airspace. According to the Federal Aviation Administration (FAA) norms, an autopilot system is a mandate when a single pilot is operating the aircraft. FAA certifies the current technology autopilots at low cost. The integration of digital display systems and technologies, such as the autopilot system and FMS, in the cockpits of the aircraft, relieve the pilots of their workloads and assures availability of essential flight information. To enhance safety, the organization encourages the development and installation of autopilots in the aircraft. As a result, autopilot manufacturers are investing in the creation of new digital smart autopilots that is compatible with a variety of aircraft without additional certifications bearing high costs.

Automation enhances flight operational safety and efficiency, which is especially critical for commercial airlines. It aims to cut down operating costs for greater profits. In 2014, a survey of airline pilots was conducted, which reported that the pilots operating the Boeing 777 military transport spent just seven minutes manually piloting their aircraft during a flight, whereas only half the time was required for those operating Airbus planes.

Tremendous progress in the aviation industry with the development of the More Electric Aircraft (MEA), such as the Boeing 787 Dreamliner, Airbus A380, and Lockheed F35 airplanes was seen in last 15 years. In these aircraft, the pneumatic or hydraulic actuation systems have been replaced by the electric actuators, which make the aircraft lighter in weight and reduce fuel consumption. In addition, Airbus plans to develop 100 passenger electric aircraft during the forecast period. Therefore, thermal challenges of MEA can hinder the market growth.

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Major Key Players

Honeywell,
Parker Aerospace,
UTC Aerospace Systems,
Eaton Corporation Plc,
Liebherr,
Moog,
Curtiss Wright,
Saab AB,
Woodward Inc.,
Triumph Group Inc.
Market Segmentation

The global commercial aircraft actuation systems market has been analyzed based on the three segments, namely type, aircraft type and regions.

On the basis of type, the global commercial aircraft actuation systems market is segmented as electric, hydraulic, pneumatic and mechanical. The hydraulic actuation systems are expected to dominate the market with largest share. The growth of the segment can be attributed to increasing demand in operating wheel brakes, land gear, and speed propellers. On the other hand, there is a shifting trend towards electric actuators. Thus, advancements in electric actuators recently is expected to significantly boost the growth of the segment during the forecast period.

Based on aircraft type, the market is bifurcated as narrow body, wide body and others. The narrow body segment is expected to witness exponential growth in North America due to rise in aircraft sales, technological advancement, and increasing passenger traffic.

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Scope of the Report

This study provides an overview of the global commercial aircraft actuation systems market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global commercial aircraft actuation systems market by its type, by aircraft type and region.

By Type

Electric
Hydraulic
Pneumatic
Mechanical
By Aircraft Type

Narrow Body
Wide Body
Others
By Region

Asia Pacific
North America
Europe
Rest of World

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Table of Content

1 Executive Summary

2 Introduction

2.1 Definition

2.2 Scope Of The Study

2.3 Assumptions

2.4 Market Structure

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Dynamics

4.1 Drivers

4.1.1 Growing Demand For Automation

4.1.2 Increasing R&D Investments

4.1.3 Increasing Demand In The Emerging Economies

4.2 Restraints

4.2.1 Cost Associated With Autopilot Systems

4.2.2 Thermal Challenges Of MEA

4.3 Trends

4.3.1 Development Of Autopilot Landing System

4.3.2 Use Of Lightweight Materials

Continued….

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