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Global Aviation Actuator System Market By Product (Electric, Electrohydraulic & Others), By Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft & Others), By Application, By End-User, By Region, Competition, Forecast & Opportunities, 2024

  • ID: 4758463
  • Report
  • Region: Global
  • 123 pages
  • TechSci Research
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Global Aviation Actuator System Market Stood at $831.3 Million in 2018 and is Projected to Grow at a CAGR of Over 5% During the Forecast Period

FEATURED COMPANIES

  • EATON
  • Electromech Technologies
  • GE Aviation
  • Moog Inc
  • Saab AB
  • Woodward Inc.
  • MORE
Global Aviation Actuator System Market Overview

The global aviation actuator system market stood at $ 831.3 million in 2018 and is projected to grow at a CAGR of over 5% during the forecast period to reach $ 1121.2 million by 2024, on account of increasing demand for electric aircraft and automation. The aviation industry is witnessing technological advancements in aircraft models, which is contributing to developments in actuator systems. Aviation actuator system is used in landing gears, clutches and electromagnetic brackets for commercial aircraft. Surging population and declining air fares are driving the aviation market, which in turn is propelling the global aviation actuator system market. Moreover, integration of Internet of Things (IoT) in aviation industry is expected to have a positive influence on the global aviation actuator system market during forecast period.

Global Aviation Actuator System Market Segments

Based on product type, the global aviation actuator system market can be categorized into electrohydraulic, electromechanical, electro hydrostatic and electric segments. Features, such as high reliability, higher acceleration & stall torque capabilities and effectiveness of electrohydraulic actuator in handling impulse load can be attributed to the segment’s dominating share in the market. In terms of aircraft type, the market can be segmented into narrow body aircraft, wide body aircraft, very large aircraft, transport aircraft and fighter aircraft. Wide body aircraft segment is anticipated to register the fastest growth rate during the forecast period, owing to increasing passenger traffic and high efficiency of the aircraft when compared with other segments. Flight control application segment dominated the market in 2018 and is likely to witness high growth through 2024, backed by the use of large number of actuators in this application.

Global Aviation Actuator System Market Regional Insights

Aviation actuator system market is gaining traction and expanding to various regions including Asia-Pacific, North America, Europe, South America and Middle East & Africa. North America dominates the global aviation actuator system market and the region is expected to maintain its leading market position in coming years, on account of low oil prices and expansionary fiscal and monetary policies. Moreover, manufacturers in the region are focusing on emission-free and fuel-efficient aircraft with efficient aviation actuator system.

Global Aviation Actuator System Market Competitive Landscape

Major players operating in the global aviation actuator system market are GE Aviation, United Technologies Corporation, Honeywell International Inc, Parker Hannifin Corporation, etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. Honeywell International Inc. is using electromechanical technologies to offer diverse suite of actuators.

Years considered for this report:

Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024

Objective of the Study:
  • To analyze and forecast the global aviation actuator system market size.
  • To classify and forecast the global aviation actuator system market based on product, aircraft type, application, end-user and regional distribution.
  • To identify drivers and challenges for the global aviation actuator system market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global aviation actuator system market.
  • To conduct the pricing analysis for the global aviation actuator system market.
  • To identify and analyze the profile of leading players operating in the global aviation actuator system market.
Some of the leading players in the global aviation actuator system market are GE Aviation, United Technologies Corporation, Honeywell International Inc, Parker Hannifin Corporation, etc.

The author performed both primary as well as exhaustive secondary research for this study. Initially, the author sourced a list of manufacturers across the globe. Subsequently, the author conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the author could include the manufacturers which could not be identified due to the limitations of secondary research. The author analyzed the product offerings, distribution channels and presence of all major manufacturers across the globe.

The author calculated the global aviation actuator system market size using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. The author sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:
  • Providers or Suppliers of Actuator Parts
  • Subcomponent Manufacturers
  • Defense Aircraft Actuator System Manufacturers
  • Commercial Aircraft Actuator System Manufacturers
  • Government bodies such as regulating authorities and policymakers
  • Organizations, forums and alliances related to aviation actuator system market
  • Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as manufacturers, partners and end-users. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.

Report Scope:

In this report, the global aviation actuator system market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, by Product:
  • Electric
  • Electrohydraulic
  • Electromechanical
  • Electro Hydrostatic
Market, by Aircraft Type:
  • Narrow Body Aircraft
  • Wide Body Aircraft
  • Very Large Aircraft
  • Transport Aircraft
  • Fighter Aircraft
Market, by Application:
  • Flight Control
  • Landing Gear
  • Auxiliary Control
Market, by End-User:
  • Commercial Aviation
  • Defense
Market, by Region:
  • North America
  • - United States
  • - Mexico
  • - Canada
  • Asia-Pacific
  • - China
  • - India
  • - Japan
  • - South Korea
  • - Taiwan
  • - Rest of Asia-Pacific
  • Europe
  • - Russia
  • - France
  • - United Kingdom
  • - Italy
  • - Germany
  • - Rest of Europe
  • Middle East & Africa
  • - Egypt
  • - Turkey
  • - Saudi Arabia
  • - Israel
  • - Rest of Middle East & Africa
  • South America
  • - Brazil
  • - Colombia
  • - Argentina
  • - Rest of South America
Competitive Landscape

Company Profiles: Detailed analysis of the major companies operating in the global aviation actuator system market.

Available Customizations:

With the given market data, the author offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
*Note - Custom Research License:

10% specific customization is available free of any additional cost, for both the single user and enterprise license, as above. However, alternatively, if you are looking for additional content data or insight related to the scope of the report, you may purchase the new “Custom Research License”. Please enquire for pricing.

The custom research will be delivered in printable PDF format along with the report’s data excel sheet. This license offers 80 analyst hours. It is strongly recommended for an organization which wants to execute short ‘bespoke’ research projects related to the scope of the purchased report.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • EATON
  • Electromech Technologies
  • GE Aviation
  • Moog Inc
  • Saab AB
  • Woodward Inc.
  • MORE
1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer
4.1. Challenges & Unmet Needs
4.2. Product Pricing
4.3. Issues Faced Post Purchase

5. Global Aviation Actuator System Market Overview

6. Global Aviation Actuator System Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product (Electric, Electrohydraulic, Electromechanical and Electro Hydrostatic)
6.2.2. By Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft, Transport Aircraft and Fighter Aircraft)
6.2.3. By Application (Flight Control, Landing Gear and Auxiliary Control)
6.2.4. By End-User (Commercial Aviation and Defense)
6.2.5. By Company
6.2.6. By Region
6.3. Market Attractiveness Index

7. North America Aviation Actuator System Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product
7.2.2. By Application
7.2.3. By End-User
7.2.4. By Country
7.3. North America: Country Analysis
7.3.1. United States Aviation Actuator System Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Product
7.3.1.2.2. By End-User
7.3.1.3. Competition Outlook
7.3.2. Canada Aviation Actuator System Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Product
7.3.2.2.2. By End-User
7.3.2.3. Competition Outlook
7.3.3. Mexico Aviation Actuator System Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Product
7.3.3.2.2. By End-User
7.3.3.3. Competition Outlook

8. Asia-Pacific Aviation Actuator System Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Product
8.2.2. By Application
8.2.3. By End-User
8.2.4. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Aviation Actuator System Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Product
8.3.1.2.2. By End-User
8.3.1.3. Competition Outlook
8.3.2. India Aviation Actuator System Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Product
8.3.2.2.2. By End-User
8.3.2.3. Competition Outlook
8.3.3. Japan Aviation Actuator System Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Product
8.3.3.2.2. By End-User
8.3.3.3. Competition Outlook
8.3.4. South Korea Aviation Actuator System Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Product
8.3.4.2.2. By End-User
8.3.4.3. Competition Outlook
8.3.5. Taiwan Aviation Actuator System Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Product
8.3.5.2.2. By End-User
8.3.5.3. Competition Outlook

9. Europe Aviation Actuator System Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Product
9.2.2. By Application
9.2.3. By End-User
9.2.4. By Country
9.3. Europe: Country Analysis
9.3.1. Russia Aviation Actuator System Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Product
9.3.1.2.2. By End-User
9.3.1.3. Competition Outlook
9.3.2. France Aviation Actuator System Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Product
9.3.2.2.2. By End-User
9.3.2.3. Competition Outlook
9.3.3. United Kingdom Aviation Actuator System Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Product
9.3.3.2.2. By End-User
9.3.3.3. Competition Outlook
9.3.4. Italy Aviation Actuator System Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Product
9.3.4.2.2. By End-User
9.3.4.3. Competition Outlook
9.3.5. Germany Aviation Actuator System Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Product
9.3.5.2.2. By End-User
9.3.5.3. Competition Outlook

10. Middle East & Africa Aviation Actuator System Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Product
10.2.2. By Application
10.2.3. By End-User
10.2.4. By Country
10.3. MEA: Country Analysis
10.3.1. Egypt Aviation Actuator System Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Product
10.3.1.2.2. By End-User
10.3.1.3. Competition Outlook
10.3.2. Turkey Aviation Actuator System Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Product
10.3.2.2.2. By End-User
10.3.2.3. Competition Outlook
10.3.3. Saudi Arabia Aviation Actuator System Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Product
10.3.3.2.2. By End-User
10.3.3.3. Competition Outlook
10.3.4. Israel Aviation Actuator System Market Outlook
10.3.4.1. Market Size & Forecast
10.3.4.1.1. By Value
10.3.4.2. Market Share & Forecast
10.3.4.2.1. By Product
10.3.4.2.2. By End-User
10.3.4.3. Competition Outlook

11. South America Aviation Actuator System Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Product
11.2.2. By Application
11.2.3. By End-User
11.2.4. By Country
11.3. South America: Country Analysis
11.3.1. Brazil Aviation Actuator System Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Product
11.3.1.2.2. By End-User
11.3.1.3. Competition Outlook
11.3.2. Colombia Aviation Actuator System Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Product
11.3.2.2.2. By End-User
11.3.2.3. Competition Outlook
11.3.3. Argentina Aviation Actuator System Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Product
11.3.3.2.2. By End-User
11.3.3.3. Competition Outlook

12. Market Dynamics
12.1. Drivers
12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape
14.1. Competition Outlook
14.2. Company Profiles (Partial List of Leading Companies)
14.2.1. GE Aviation
14.2.2. United Technologies Corporation
14.2.3. Honeywell International Inc
14.2.4. Parker Hannifin Corporation
14.2.5. EATON
14.2.6. Electromech Technologies
14.2.7. Curtiss-Wright Corporation
14.2.8. Moog Inc
14.2.9. Saab AB
14.2.10. Woodward Inc.

15. Strategic Recommendations

(Note: The companies list can be customized based on the client requirements.)

*Full List of Figures and Tables Available on Enquiry.
Note: Product cover images may vary from those shown
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  • GE Aviation
  • United Technologies Corporation
  • Honeywell International Inc
  • Parker Hannifin Corporation
  • EATON
  • Electromech Technologies
  • Curtiss-Wright Corporation
  • Moog Inc
  • Saab AB
  • Woodward Inc.
Note: Product cover images may vary from those shown
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