Product Code: PM3210
The global aircrafts actuators market size is expected to reach USD 25.65 billion by 2032, according to a new study by Polaris Market Research. The report "Aircraft Actuator Market Share, Size, Trends, Industry Analysis Report, By Installation Type (OEM and Retrofit); By Technology, By Wing Type; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
In recent decades, advanced technologies have been increasingly adopted and a greater awareness of the development of the military electrical aircraft (MEA) has resulted in an increase in the number of electrical aircraft (EA) surrounded by the original equipment manufacturers (OEMs). The goal is to develop a new electric aircraft architecture within a miniature timeframe by sympathizing with hawkers. This incentivisation helps to create a more sustainable environment and reduce dependency on non-renewable sources.
The MEA serves as a facilitating agency in the aviation industry and offers various net worthy possibilities, benefits and advantages that can be utilized for aircraft such as producing fuel-efficient engines, reducing weight, lowering maintenance costs, and increasing reliability. By using MEA systems as a replacement for traditional power sources such as pneumatics, hydraulics, and mechanical power, non-propulsion systems are encouraged to use more electric power.
In addition, as a result of this segment's cost-effectiveness, the demand for the product is likely to increase in the commercial aircraft sector. It is anticipated that these factors will assist the market during the forecast period. It is apparent that the market for advanced electric aircraft actuators is growing due to many factors, including the recognizable problems associated with the use of conventional traditional actuators powered by pneumatic, mechanical, or hydraulic technologies, such as heating, contamination, fluid, and a higher cost when discussing electric actuators.
Since it uses more advanced and efficient motors that are able to handle more heat, the actuator is protected from component damage by eliminating the problems encountered with traditional actuators and offers 80% more efficiency than hydraulic counterparts. This means that the demand for electric aircraft actuators is expected to grow rapidly over the forecasted period.
Aircraft Actuators Market Report Highlights
- Hydraulic actuators account to witness the higher demand of electric advanced actuators due to technology advancements and a rise in R&D activities which offers ability to fit in small spaces high vibration condition facing power
- Fixed wing aircrafts accounted for high demand over the anticipated period due to rise in nucleus of aircrafts OEMs & rapid urbanization
- Global players include Raytheon Technologies, Curtiss-Wright Corporation, Safran, Liebherr lnternational, Moog Inc., and Maxon Motor
Polaris Market Research has segmented the aircraft actuators market report based on wing type, technology, installation type and region:
Aircrafts Actuators, by Installation Type Outlook (Revenue - USD Billion, 2019 - 2032)
Aircrafts Actuators, by Wing Type Outlook (Revenue - USD Billion, 2019 - 2032)
Aircrafts Actuators, by Technology Outlook (Revenue - USD Billion, 2019 - 2032)
- Hydraulic
- Electric Hybrid
- Mechanical
- Pneumatic
- Full electric
Aircrafts Actuators, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Aircraft Actuator Market Insights
- 4.1. Aircraft Actuator Market - Technology Snapshot
- 4.2. Aircraft Actuator Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing adoption of advanced technologies
- 4.2.1.2. Rising awareness of development of more electrical aircrafts
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Design challenges
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Aircraft Actuator Market Technology Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Aircraft Actuator Market, by Installation Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 5.3. OEM
- 5.3.1. Global Aircraft Actuator Market, by OEM, by Region, 2019-2032 (USD Billion)
- 5.4. Retrofit
- 5.4.1. Global Aircraft Actuator Market, by Retrofit, by Region, 2019-2032 (USD Billion)
6. Global Aircraft Actuator Market, by Wing Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 6.3. Fixed wings
- 6.3.1. Global Aircraft Actuator Market, by Fixed wings, by Region, 2019-2032 (USD Billion)
- 6.4. Rotary wings
- 6.4.1. Global Aircraft Actuator Market, by Rotary wings, by Region, 2019-2032 (USD Billion)
7. Global Aircraft Actuator Market, by Technology
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 7.3. Hydraulic
- 7.3.1. Global Aircraft Actuator Market, by Hydraulic, By Region, 2019-2032 (USD Billion)
- 7.4. Electric Hybrid
- 7.4.1. Global Aircraft Actuator Market, by Electric Hybrid, By Region, 2019-2032 (USD Billion)
- 7.5. Mechanical
- 7.5.1. Global Aircraft Actuator Market, by Mechanical, By Region, 2019-2032 (USD Billion)
- 7.6. Pneumatic
- 7.6.1. Global Aircraft Actuator Market, by Pneumatic, By Region, 2019-2032 (USD Billion)
- 7.7. Full Electric
- 7.7.1. Global Aircraft Actuator Market, by Full Electric, By Region, 2019-2032 (USD Billion)
8. Global Aircraft Actuator Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Aircraft Actuator Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Aircraft Actuator Market - North America
- 8.3.1. North America: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.3.3. North America: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.3.4. Aircraft Actuator Market - U.S.
- 8.3.4.1. U.S.: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.3.5. Aircraft Actuator Market - Canada
- 8.3.5.1. Canada: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.4. Aircraft Actuator Market - Europe
- 8.4.1. Europe: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.4.3. Europe: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.4.4. Aircraft Actuator Market - UK
- 8.4.4.1. UK: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.4.5. Aircraft Actuator Market - France
- 8.4.5.1. France: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.4.5.3. France: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.4.6. Aircraft Actuator Market - Germany
- 8.4.6.1. Germany: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.4.7. Aircraft Actuator Market - Italy
- 8.4.7.1. Italy: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.4.8. Aircraft Actuator Market - Spain
- 8.4.8.1. Spain: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.4.9. Aircraft Actuator Market - Netherlands
- 8.4.9.1. Netherlands: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.4.10. Aircraft Actuator Market - Russia
- 8.4.10.1. Russia: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.5. Aircraft Actuator Market - Asia Pacific
- 8.5.1. Asia Pacific: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.5.4. Aircraft Actuator Market - China
- 8.5.4.1. China: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.5.4.3. China: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.5.5. Aircraft Actuator Market - India
- 8.5.5.1. India: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.5.5.3. India: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.5.6. Aircraft Actuator Market - Malaysia
- 8.5.6.1. Malaysia: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.5.7. Aircraft Actuator Market - Japan
- 8.5.7.1. Japan: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.5.8. Aircraft Actuator Market - Indonesia
- 8.5.8.1. Indonesia: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.5.9. Aircraft Actuator Market - South Korea
- 8.5.9.1. South Korea: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.6. Aircraft Actuator Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.6.4. Aircraft Actuator Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.6.5. Aircraft Actuator Market - UAE
- 8.6.5.1. UAE: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.6.6. Aircraft Actuator Market - Israel
- 8.6.6.1. Israel: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.6.7. Aircraft Actuator Market - South Africa
- 8.6.7.1. South Africa: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.7. Aircraft Actuator Market - Latin America
- 8.7.1. Latin America: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.7.4. Aircraft Actuator Market - Mexico
- 8.7.4.1. Mexico: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.7.5. Aircraft Actuator Market - Brazil
- 8.7.5.1. Brazil: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
- 8.7.6. Aircraft Actuator Market - Argentina
- 8.7.6.1. Argentina: Aircraft Actuator Market, by Installation Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Aircraft Actuator Market, by Technology, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Aircraft Actuator Market, by Wing Type, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Raytheon Technologies
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Curtiss-Wright Corporation
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Safran
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Liebherr lnternational
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Moog Inc
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Maxon Motor
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Sitec Aerospace
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Progressive Automation
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Tamagawa Seiki
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. PARKER HANNIFIN
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Aero Space Controls
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Beaver Aerospace & Defense
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Eaton Corporation
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Rockwell Collins
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Price Wheeler Corp
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development