The aircraft actuator market was valued at US$ 7,700.33 million in 2019 and is projected to reach US$ 11,631.67 million by 2027; it is expected to grow at a CAGR of 6.6% from 2020 to 2027.
Developed and developing nations are heavily investing in advanced technologies to strengthen their aircraft fleet. Companies in the US, Japan,and Germany are developing advanced actuators for the global market. The popularity of new, enhanced aircraft actuators such as electromechanical actuators, electro-hydraulic actuator, and electric actuators is increasing among the aerospace industries. In addition, rising electrification of aircraft systems with advent of electric aircraft and UAVs are supporting the aircraft actuator market growth. Developing nations such as India, China, and Indonesia are strengthening their aviation industries owing to rising number of domestic and international airline passengers. The aircraft actuators improve the performance of flight control systems to offer enhanced control for pilots. Further, the growing need of electromechanical actuators to develop lightweight systems with low maintenance requirements is driving the growth of the aircraft actuator market. The manufacturing companies such Collins Aerospace and Moog Inc are introducing advanced actuators offering enhanced control and performance for aircraft operations. In addition, increasing volume of the narrow-body aircraft has created the demand for aircraft actuators supporting the lightweight systems.
Impact of COVID-19 Pandemic on Aircraft Actuator Market
Amid the COVID-19 pandemic, the entire commercial aviation industry came to halt with minimal resources to foresee the future. Several production units in the US, France, Russia, and China were temporarily paused to adhere to the government regulations related to lockdown and physical distancing. The aircraft manufacturers witnessed 30–50% reduction in demand for most of their aircraft models, especially for the commercial aircraft models. The decreased aircraft production and assembly activities have decimated the demand for aircraft actuators. The business aviation sector also experienced turmoil throughout 2020 due to the lowered business jet deliveries and reduced demand for turbo-prop and rotary helicopters. Thus, the entire aircraft manufacturing sector observed severe downfall in demand, which reflected less than usual annual growth rate in revenue generation trend. The business aviation and general aviation aircraft manufacturers were witnessing substantial demand for their products, however, the trend turned upside down in 2020, as the demand for used aircraft model grew among the users, which led the aircraft manufacturers experience fall in demand for newer aircraft models. This has restricted the manufacturers to procure actuators and other systems and technologies for newer aircraft models, thereby hampering the revenue generation of the aircraft actuators market players.
Lucrative Regions for Aircraft Actuator Solution Providers
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Aircraft Actuator Market Insights
Rising Adoption from Developing Nations Fuels Growth of Aircraft actuatorMarket
Improving commercial aircraft fleetand air transportation services has become necessary for each nation to improve their connectivity to the world for better economic growth and international transportation activities. Hence, each country is concerned and eager toward the deployment of advanced aircraft fleetsuch as narrow-body aircraft, business jets, and other passenger aircraft. Aircraft actuator playsa major role in aircraft to offer stable and reliable flight control system and landing gears. Significant growth in economy of developing nations is supporting the development of aviation industry. Additionally, rising count of domestic andinternational travelers is driving the market growth by creating demand for more international flights. For instance, in December 2020, JetBlue airline started a new flight service between Cheddi Jagan International Airport (GEO) in Guyana and John F. Kennedy International Airport (JFK) in New York. Similarly,in November 2019, Middle East Airlines (MEA), the national airline of Lebanon, procured the new aircraft fleet from Airbus. Four A330NEOs, eleven A321NEOs, and four A321XLRs aircraft would be added into the fleet tomeet the need for increased international flights.
Type -Based Market Insights
The aircraft actuator market, based on type, is segmented into linear and rotary. The linear segment held largest a larger market share in 2019.
Aircraft Actuator Market, by Type – 2019 and 2027
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System-Based Market Insights
The aircraft actuator market, by system, is segmented into hydraulic actuators, electrical actuators, mechanical actuators, and pneumatic actuators. The hydraulic actuators segment held the largest share of the market in 2019.
End User-Based Market Insights
On the basis of end user, the aircraft actuator market is segmented into commercial aircraft and military aircraft. The commercial aircraft segment held a larger share of the market in 2019.
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Aircraft Actuator Market: Strategic Insights
Market Size Value in US$ 7,700.33 Million in 2019 Market Size Value by US$ 11,631.67 Million by 2027 Growth rate CAGR of 6.6% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Aircraft Actuator Market: Strategic Insights
| Market Size Value in | US$ 7,700.33 Million in 2019 |
| Market Size Value by | US$ 11,631.67 Million by 2027 |
| Growth rate | CAGR of 6.6% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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The players operating in the aircraft actuator market focus on strategies such as new product launches, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:
In January 2020, Honeywell International Inc. was engaged in developing a line of lighter-weight, electromechanical flight controls for new urban air vehicles that can take off and land vertically. These actuators feature low electricity consumption and are specially designed to withstand the vibrations and power requirements of urban air mobility vehicles.
In September 2016, TransDigm Group Incorporated completed the acquisition of Young & Franklin Inc. and its subsidiaries, including Tactair Fluid Controls Inc. Previously, Young & Franklin Inc. was engaged in the manufacturing of proprietary, highly engineered valves and actuators.
By Type
- Linear
- Rotary
By System
- Hydraulic Actuators
- Electrical Actuators
- Mechanical Actuators
- Pneumatic Actuators
By End User
- Commercial Aircraft
- Military Aircraft
By Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Company Profiles
- Collins Aerospace
- Eaton
- Curtiss-Wright
- Honeywell International Inc.
- Meggit Plc.
- Moog Inc.
- NOOK Industries, Inc.
- PARKER HANNIFIN CORP
- Transdigm Group, Inc
- Woodward, Inc
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type , System , and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The aircraft OEMs are increasingly emphasizing on lightweight aircraft models, the electromechanical actuators are attracting the OEMs in the current scenario, which is catalyzing the aircraft actuators market. Another reason for the increasing adoption of electromechanical actuators is the paradigm shift of aerospace industry toward electric aircraft, which is obsoleting the hydraulic, pneumatic, and mechanical systems and are increasing the adoption of electric actuation systems. This trend is generating substantial demand for the electrical actuators, which is ultimately boosting the aircraft actuators market.
The aviation industry is witnessing a demand for narrow body and small aircraft having range up to 3,000nm from the developing economies and developed nations. Lightweight design and fuel efficiency are the prominent factors driving the demand for narrow body and small aircraft. The tremendous rise in manufacturing small category aircraft from Airbus is one of the most crucial driving factors for the aircraft actuators market. For instance, the Airbus A320 narrow-body aircraft creates demand for advanced electric actuators. The flight control systems are electrically signaled and consist digital computers. The flight used electromechanical actuator (EMA) to replace hydraulic systems. Such increasing demand for narrow body aircraft will create demand for electromechanical actuators, which, in turn propels the market growth. To evaluate such opportunities, a few companies are already forming partnership and joint venture. For instance, in February 2017, Aerotek Aviation Engineering Ltd, UK (Aerotek UK) and SIKA Aerospace & Defence, India (SIKA) formed a joint venture to develop advanced landing gear, actuators, and other products for narrow body aircraft and UAVs.
Based on type, the aircraft actuators market is segmented into linear and rotary. The global aircraft actuators market is led by linear segment with highest market share in 2019 and is also expected to dominate during the forecast period. The benefits of linear actuators—such as reliability, smaller size, cost efficiency, and simple structure—make them the most preferred solution in the aircraft industry. Linear actuators are used to control devices and mechanism in aircraft—such as trims, air inlets, doors, flaps, and other movable components. Flexibility offered by linear actuators in terms of power and control is increasing their contribution in aeronautic control systems. Market players are developing new linear electromechanical actuators to improve the operational performance of control systems.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Aircraft Actuators Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
5. Aircraft Actuators Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Use of Electrotechnical Actuators
5.1.2 Accentuating Aircraft Order and Delivery Volumes
5.2 Market Restraints
5.2.1 Boeing’s Setback from B737 Max and Discontinuation of A380 Program
5.3 Market Opportunities
5.3.1 Rising Demand for Narrow-body and Small Aircraft
5.4 Future Trends
5.4.1 New Technologies: Plasma Actuators, Electric Aircraft Actuators, and VTOL Actuators
5.5 Impact Analysis of Drivers and Restraints
6. Aircraft Actuators – Global Market Analysis
6.1 Overview
6.2 Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Global Market Players Ranking
7. Aircraft Actuators Market Analysis – By Type
7.1 Overview
7.2 Aircraft Actuators Market, By Type (2019 and 2027)
7.3 Linear
7.3.1 Overview
7.3.2 Linear: Aircraft Actuators Market –Revenue and Forecast to 2027 (US$ Million)
7.4 Rotary
7.4.1 Overview
7.4.2 Rotary: Aircraft Actuators Market –Revenue and Forecast to 2027 (US$ Million)
8. Aircraft Actuators Market Analysis – By System
8.1 Overview
8.2 Aircraft Actuators Market, By System (2019 and 2027)
8.3 Hydraulic Actuators
8.3.1 Overview
8.3.2 Hydraulic Actuators: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Electrical Actuators
8.4.1 Overview
8.4.2 Electrical Actuators: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Mechanical Actuators
8.5.1 Overview
8.5.2 Mechanical Actuators: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Pneumatic Actuators
8.6.1 Overview
8.6.2 Pneumatic Actuators: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
9. Aircraft Actuators Market Analysis – By End User
9.1 Overview
9.2 Aircraft Actuators Market, By End User (2019 and 2027)
9.3 Commercial Aircraft
9.3.1 Overview
9.3.2 Commercial Aircraft: Aircraft Actuators Market –Revenue and Forecast to 2027 (US$ Million)
9.4 Military Aircraft
9.4.1 Overview
9.4.2 Military Aircraft: Aircraft Actuators Market –Revenue and Forecast to 2027 (US$ Million)
10. Aircraft Actuators Market – Geographic Analysis
10.1 Overview
10.2 North America: Aircraft Actuators Market
10.2.1 North America: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.2.2 North America: Aircraft Actuators Market, By Type
10.2.3 North America: Aircraft Actuators Market, By System
10.2.4 North America: Aircraft Actuators Market, By End User
10.2.5 North America: Aircraft Actuators Market, By Country
10.2.5.1 US: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.1.1 US: Aircraft Actuators Market, By Type
10.2.5.1.2 US: Aircraft Actuators Market, By System
10.2.5.1.3 US: Aircraft Actuators Market, By End User
10.2.5.2 Canada: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: Aircraft Actuators Market, By Type
10.2.5.2.2 Canada: Aircraft Actuators Market, By System
10.2.5.2.3 Canada: Aircraft Actuators Market, By End User
10.2.5.3 Mexico: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: Aircraft Actuators Market, By Type
10.2.5.3.2 Mexico: Aircraft Actuators Market, By System
10.2.5.3.3 Mexico: Aircraft Actuators Market, By End User
10.3 Europe: Aircraft Actuators Market
10.3.1 Europe: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.3.2 Europe: Aircraft Actuators Market, By Type
10.3.3 Europe: Aircraft Actuators Market, By System
10.3.4 Europe: Aircraft Actuators Market, By End User
10.3.5 Europe: Aircraft Actuators Market, By Country
10.3.5.1 Germany: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.1.1 Germany: Aircraft Actuators Market, By Type
10.3.5.1.2 Germany: Aircraft Actuators Market, By System
10.3.5.1.3 Germany: Aircraft Actuators Market, By End User
10.3.5.2 France: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.2.1 France: Aircraft Actuators Market, By Type
10.3.5.2.2 France: Aircraft Actuators Market, By System
10.3.5.2.3 France: Aircraft Actuators Market, By End User
10.3.5.3 Italy: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.3.1 Italy: Aircraft Actuators Market, By Type
10.3.5.3.2 Italy: Aircraft Actuators Market, By System
10.3.5.3.3 Italy: Aircraft Actuators Market, By End User
10.3.5.4 UK: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.4.1 UK: Aircraft Actuators Market, By Type
10.3.5.4.2 UK: Aircraft Actuators Market, By System
10.3.5.4.3 UK: Aircraft Actuators Market, By End User
10.3.5.5 Russia: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.5.1 Russia: Aircraft Actuators Market, By Type
10.3.5.5.2 Russia: Aircraft Actuators Market, By System
10.3.5.5.3 Russia: Aircraft Actuators Market, By End User
10.3.5.6 Rest of Europe: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.6.1 Rest of Europe: Aircraft Actuators Market, By Type
10.3.5.6.2 Rest of Europe: Aircraft Actuators Market, By System
10.3.5.6.3 Rest of Europe: Aircraft Actuators Market, By End User
10.4 APAC: Aircraft Actuators Market
10.4.1 APAC: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.4.2 APAC: Aircraft Actuators Market, By Type
10.4.3 APAC: Aircraft Actuators Market, By System
10.4.4 APAC: Aircraft Actuators Market, By End User
10.4.5 APAC: Aircraft Actuators Market, By Country
10.4.5.1 China: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.1.1 China: Aircraft Actuators Market, By Type
10.4.5.1.2 China: Aircraft Actuators Market, By System
10.4.5.1.3 China: Aircraft Actuators Market, By End User
10.4.5.2 India: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.2.1 India: Aircraft Actuators Market, By Type
10.4.5.2.2 India: Aircraft Actuators Market, By System
10.4.5.2.3 India: Aircraft Actuators Market, By End User
10.4.5.3 Japan: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.3.1 Japan: Aircraft Actuators Market, By Type
10.4.5.3.2 Japan: Aircraft Actuators Market, By System
10.4.5.3.3 Japan: Aircraft Actuators Market, By End User
10.4.5.4 South Korea: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.4.1 South Korea: Aircraft Actuators Market, By Type
10.4.5.4.2 South Korea: Aircraft Actuators Market, By System
10.4.5.4.3 South Korea: Aircraft Actuators Market, By End User
10.4.5.5 Australia: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.5.1 Australia: Aircraft Actuators Market, By Type
10.4.5.5.2 Australia: Aircraft Actuators Market, By System
10.4.5.5.3 Australia: Aircraft Actuators Market, By End User
10.4.5.6 Rest of APAC: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.6.1 Rest of APAC: Aircraft Actuators Market, By Type
10.4.5.6.2 Rest of APAC: Aircraft Actuators Market, By System
10.4.5.6.3 Rest of APAC: Aircraft Actuators Market, By End User
10.5 MEA: Aircraft Actuators Market
10.5.1 MEA: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.5.2 MEA: Aircraft Actuators Market, By Type
10.5.3 MEA: Aircraft Actuators Market, By System
10.5.4 MEA: Aircraft Actuators Market, By End User
10.5.5 MEA: Aircraft Actuators Market, By Country
10.5.5.1 South Africa: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.1.1 South Africa: Aircraft Actuators Market, By Type
10.5.5.1.2 South Africa: Aircraft Actuators Market, By System
10.5.5.1.3 South Africa: Aircraft Actuators Market, By End User
10.5.5.2 Saudi Arabia: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.2.1 Saudi Arabia: Aircraft Actuators Market, By Type
10.5.5.2.2 Saudi Arabia: Aircraft Actuators Market, By System
10.5.5.2.3 Saudi Arabia: Aircraft Actuators Market, By End User
10.5.5.3 UAE: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.3.1 UAE: Aircraft Actuators Market, By Type
10.5.5.3.2 UAE: Aircraft Actuators Market, By System
10.5.5.3.3 UAE: Aircraft Actuators Market, By End User
10.5.5.4 Rest of MEA: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of MEA: Aircraft Actuators Market, By Type
10.5.5.4.2 Rest of MEA: Aircraft Actuators Market, By System
10.5.5.4.3 Rest of MEA: Aircraft Actuators Market, By End User
10.6 SAM: Aircraft Actuators Market
10.6.1 SAM: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.6.2 SAM: Aircraft Actuators Market, By Type
10.6.3 SAM: Aircraft Actuators Market, By System
10.6.4 SAM: Aircraft Actuators Market, By End User
10.6.5 SAM: Aircraft Actuators Market, By Country
10.6.5.1 Brazil: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.1.1 Brazil: Aircraft Actuators Market, By Type
10.6.5.1.2 Brazil: Aircraft Actuators Market, By System
10.6.5.1.3 Brazil: Aircraft Actuators Market, By End User
10.6.5.2 Argentina: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.2.1 Argentina: Aircraft Actuators Market, By Type
10.6.5.2.2 Argentina: Aircraft Actuators Market, By System
10.6.5.2.3 Argentina: Aircraft Actuators Market, By End User
10.6.5.3 Rest of SAM: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.3.1 Rest of SAM: Aircraft Actuators Market, By Type
10.6.5.3.2 Rest of SAM: Aircraft Actuators Market, By System
10.6.5.3.3 Rest of SAM: Aircraft Actuators Market, By End User
11. Aircraft Actuators Market - COVID-19 Impact Analysis
11.1 Impact of COVID-19 Pandemic on Global Aircraft Actuators Market
11.1.1 North America: Impact Assessment of COVID-19 Pandemic
11.1.2 Europe: Impact Assessment of COVID-19 Pandemic
11.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.1.5 South America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. COMPANY PROFILES
13.1 Collins Aerospace, a Raytheon Technologies Corporation Company
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Curtiss-Wright Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Eaton Corporation plc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Honeywell International Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Meggitt PLC
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Moog Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Nook Industries, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Parker-Hannifin Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 TransDigm Group Incorporated
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Woodward, Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Aircraft Orders and Deliveries, by Boeing and Airbus, 2018 and 2019
Table 2. NEW DELIVERIES 2019-2038
Table 3. Aircraft Actuators Market – Revenue, and Forecast to 2027 (US$ Million)
Table 4. North America Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 5. North America Aircraft Actuators Market, By System – Revenue and Forecast to 2027 (US$ Million)
Table 6. North America Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 7. US Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 8. US Aircraft Actuators Market, By System – Revenue and Forecast to 2027 (US$ Million)
Table 9. US Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 11. Canada Aircraft Actuators Market, By System – Revenue and Forecast to 2027 (US$ Million)
Table 12. Canada Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 13. Mexico Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 14. Mexico Aircraft Actuators Market, By System – Revenue and Forecast to 2027 (US$ Million)
Table 15. Mexico Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 16. Europe Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 17. Europe Aircraft Actuators Market, By System – Revenue and Forecast to 2027 (US$ Million)
Table 18. Europe Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 19. Germany Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 20. Germany Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 21. Germany Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 22. France Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 23. France Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 24. France Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 25. Italy Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 26. Italy Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 27. Italy Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 28. UK Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 29. UK Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 30. UK Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 31. Russia Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 32. Russia Aircraft Actuators Market, By System – Revenue and Forecast to 2027 (US$ Million)
Table 33. Russia Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 34. Rest of Europe Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 35. Rest of Europe Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 36. Rest of Europe Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 37. APAC Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 38. APAC Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 39. APAC Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 40. China Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 41. China Aircraft Actuators Market, By System – Revenue and Forecast to 2027 (US$ Million)
Table 42. China Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 43. India Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 44. India Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 45. India Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 46. Japan Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 47. Japan Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 48. Japan Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 49. South Korea Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 50. South Korea Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 51. South Korea Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 52. Australia Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 53. Australia Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 54. Australia Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 55. Rest of APAC Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 56. Rest of APAC Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 57. Rest of APAC Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 58. MEA Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 59. MEA Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 60. MEA Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 61. South Africa Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 62. South Africa Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 63. South Africa Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 64. Saudi Arabia Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 65. Saudi Arabia Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 66. Saudi Arabia Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 67. UAE Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 68. UAE Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 69. UAE Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 70. Rest of MEA Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 71. Rest of MEA Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 72. Rest of MEA Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 73. SAM Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 74. SAM Aircraft Actuators Market, By System – Revenue and Forecast to 2027 (US$ Million)
Table 75. SAM Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 76. Brazil Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 77. Brazil Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 78. Brazil Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 79. Argentina Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 80. Argentina Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 81. Argentina Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 82. Rest of SAM Aircraft Actuators Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 83. Rest of SAM Aircraft Actuators Market, By System– Revenue and Forecast to 2027 (US$ Million)
Table 84. Rest of SAM Aircraft Actuators Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 85. List of Abbreviation
LIST OF FIGURES
Figure 1. Aircraft Actuators Market Segmentation
Figure 2. Aircraft Actuators Market Segmentation – By Geography
Figure 3. Global Aircraft Actuators Market Overview
Figure 4. Aircraft Actuators Market, by Geography
Figure 5. Aircraft Actuators Market, By Type
Figure 6. Aircraft Actuators Market, By Systems
Figure 7. Porter’s Five Forces Analysis
Figure 8. Aircraft Actuators Market: Ecosystem Analysis
Figure 9. Aircraft Actuators Market: Impact Analysis of Drivers and Restraints
Figure 10. Geographic Overview of Aircraft Actuators Market
Figure 11. Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. Aircraft Actuators Market Revenue Share, by Type (2019 and 2027)
Figure 13. Linear: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. Rotary: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Aircraft Actuators Market Revenue Share, by System (2019 and 2027)
Figure 16. Hydraulic Actuators: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Electrical Actuators: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Mechanical Actuators: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Pneumatic Actuators: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Aircraft Actuators Market Revenue Share, by End User (2019 and 2027)
Figure 21. Commercial Aircraft: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Military Aircraft: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Global Aircraft Actuators Market Revenue Share, By Region (2019 and 2027)
Figure 24. North America: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. North America Aircraft Actuators Market Revenue Share, By Type (2019 and 2027)
Figure 26. North America Aircraft Actuators Market Revenue Share, By System (2019 and 2027)
Figure 27. North America Aircraft Actuators Market Revenue Share, By End User (2019 and 2027)
Figure 28. North America Aircraft Actuators Market Revenue Share, By Country (2019 and 2027)
Figure 29. US: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. Canada: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Mexico: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
a. Europe: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Europe: Aircraft Actuators Market Revenue Share, By Type (2019 and 2027)
Figure 33. Europe: Aircraft Actuators Market Revenue Share, By System (2019 and 2027)
Figure 34. Europe: Aircraft Actuators Market Revenue Share, By End User (2019 and 2027)
Figure 35. Europe: Aircraft Actuators Market Revenue Share, By Country (2019 and 2027)
Figure 36. Germany: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 37. France: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 38. Italy: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 39. UK: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 40. Russia: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 41. Rest of Europe: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 42. APAC: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 43. APAC: Aircraft Actuators Market Revenue Share, By Type (2019 and 2027)
Figure 44. APAC: Aircraft Actuators Market Revenue Share, By System (2019 and 2027)
Figure 45. APAC: Aircraft Actuators Market Revenue Share, By End User (2019 and 2027)
Figure 46. APAC: Aircraft Actuators Market Revenue Share, By Country (2019 and 2027)
Figure 47. China: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 48. India: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 49. Japan: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. South Korea: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 51. Australia: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 52. Rest of APAC: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 53. MEA: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 54. MEA: Aircraft Actuators Market Revenue Share, By Type (2019 and 2027)
Figure 55. MEA: Aircraft Actuators Market Revenue Share, By System (2019 and 2027)
Figure 56. MEA: Aircraft Actuators Market Revenue Share, By End User (2019 and 2027)
Figure 57. MEA: Aircraft Actuators Market Revenue Share, By Country (2019 and 2027)
Figure 58. South Africa: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 59. Saudi Arabia: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 60. UAE: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 61. Rest of MEA: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 62. SAM: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 63. SAM: Aircraft Actuators Market Revenue Share, By Type (2019 and 2027)
Figure 64. SAM: Aircraft Actuators Market Revenue Share, By System (2019 and 2027)
Figure 65. SAM: Aircraft Actuators Market Revenue Share, By End User (2019 and 2027)
Figure 66. SAM: Aircraft Actuators Market Revenue Share, By Country (2019 and 2027)
Figure 67. Brazil: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 68. Argentina: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 69. Rest of SAM: Aircraft Actuators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 70. Impact of COVID-19 Pandemic in North American Country Markets
Figure 71. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 72. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 73. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 74. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Aircraft Actuator Market
- Meggit Plc
- Collins Aerospace
- Eaton Corporation
- CURTISS-WRIGHT
- Honeywell International Inc.
- Moog Inc.
- Nook Industries Inc.
- Parker Hannifin Corp.
- Transdigm Group Inc.
- Woodward Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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