"Smart Market Solutions to Help Your Business Gain Edge over Competitors"
The global aircraft actuator market size was USD 14.85 billion in 2018 is projected to reach USD 16.98 billion by 2026, exhibiting a CAGR of 3.12% during the forecast period.
An actuator is a component that controls the movement of a system by converting the input control signal into mechanical motion. In an aircraft, actuators are used in power generation & transmission systems, fuel management systems, flight control systems, and others. Aircraft actuator's core functions are mostly related to flow control or the motion control of different systems in an aircraft. The actuation components include valve actuators, servo motors, electric motors, generators, pumps, power transfer units, and others. The demand for aircraft actuators is rising owing to increased aircraft deliveries, due to the rise in the air passenger travel from various emerging economies such as India and China. Aircraft manufacturers are switching from conventional hydraulic actuators to electric actuators considering the superiority of these actuators and benefits such as low weight, increased efficiency, and no leakage problems; this will support the growth of the market for electric actuators in the future.
Replacing conventional hydraulic actuators with all-electric or electro-hydrostatic actuators
The concept of more electric aircraft (MEA) has propelled the development of electrical actuation systems and have replaced conventional hydraulic actuators in various aircraft applications. An electric aircraft actuator's dynamics are commonly used in the development of more electric aircraft. Electromechanical and piezoelectric actuators are the trending actuator systems that meet the requirements related to weight, reliability, space, and environmental conditions. Major market players such as the Lockheed Martin Corporation, the Boeing Company, and Northrop Grumman Corporation have estimated MEA to save procurement cost, and the low-cost carrier (LCC) cost.
Request a sample to learn more about this report.
Advanced Technologies In Aircraft Seat Actuators To Fuel The Growth Of The Market
As the demand for aircraft travel keeps on rising, airlines are trying to attract more passengers by maximizing passenger comfort. Engineers are developing facilities that fulfil the comfort requirements of passengers and at the same time, do not compromise on the size, cost, and safety aspects of the aircraft systems and components. Airlines are offering new seating options, styles, and functions, as the seat is a vital aspect of the airline industry. Owing to rising prices of the fuel, the aircraft manufacturers are investing in low fuel consumption technology by reducing the weight of the aircraft. The electromechanical actuators (EMA) are used in the new seat actuation systems to reduce the weight while increasing the passenger comfort of aircraft seats. For instance, Eaton Corporation Inc., Moog Inc., and Rockwell Collins are the key manufacturers that dominate the aircraft seat actuators market.
Rise In Demand For Autonomy In Aircraft Operations Is Driving The Growth Of Aircraft Actuators Systems Market
Autonomous aircraft have the potential to provide increased fuel savings, deliver a solution to pilot shortages, and reduce the operating costs of airlines. In June 2018, Airbus launched Autonomous Taxi, Take-Off & Landing (ATTOL) project to understand the impact of autonomy on aircraft. In January 2020, Airbus completed the first fully automatic vision-based take-off using an Airbus Family test aircraft at Toulouse-Blagnac airport. The demand for unmanned aerial vehicles (UAVs) is rising owing to the increase in the use of UAVs for commercial and military applications. The use of UAVs in the military sector for life-threatening missions, modern warfare techniques, and patrolling of marine borders is fueling the growth of the aircraft actuators market for UAV
Increased Demand For Commercial Aircraft Is Driving The Growth Of Commercial Aircraft Actuators Market
The rising demand for air travel and aircraft deliveries has increased the demand for commercial aircraft. The increased aircraft deliveries in emerging economies in Asia-Pacific, such as China and India is expected to be the factor driving the growth of the market. According to the International Air Transport Association (IATA), air traffic is anticipated to double by 2037; this will create a need for approximately more than 37,000 new passenger and freight aircraft.
Government regulations regarding certification are restraining the growth of the market.
The aviation industry follows the stringent rules and regulations considering the use of mechanical or electrical components in use for the aviation industry. OEMs have to follow certain guidelines and certifications named as airworthiness directives (AD) related to safety, leakage, and design concerns regulated by the Federal Aviation Administration (FAA). The ADs are legally mandatory regulations issued by the FAA to correct an unsafe condition in a product. Aircraft landing gear manufacturers require huge timeline to build robust product that can match with the aviation standards and comply all requirements, which delays the product launches and affects the overall revenues in the aircraft actuators market. Thus the lengthy and time-consuming process of achieving the certification is restraining the aircraft actuator market growth.
Linear actuator segment to gain momentum during the forecast period
By type, the market is segmented into linear and rotary actuators. The linear actuator segment was estimated to be the largest segment in the market, owing to its accuracy and controllability. The linear actuator segment is also predicted to be the fastest-growing segment during the forecast period. The rise in demand for electro-mechanical linear actuators, such as ball screw actuators in the aircraft is predicted to accelerate the growth of the market. The rotary actuator segment is expected to play a vital role in the growth of the market. The rise in the adoption of servo motors in the flight control system is predicted to fuel the growth of the aircraft actuator market.
To know how our report can help streamline your business, Speak to Analyst
Electromechanical actuators to witness significant growth during the forecast period
By technology, the market is divided into hydraulic, pneumatic, electric, electromechanical, and electro hydrostatic. The hydraulic actuator segment was estimated to be the dominating segment. The hydraulic actuator is getting more popular as it has benefits such as integrated redundancy in case of failure, overload protection, and free-floating control surface widely used in conventional aircraft, which is fueling the growth of the market.
The electromechanical actuators (EMA) include a combination of electrical & mechanical. The EMA segment is expected to witness significant growth in the market during the forecast period due to its accuracy and efficiency. EMAs are mostly used in aircraft seat actuation systems. The electric actuator segment is expected to be the fastest-growing segment during the forecast period owing to the rising trend of more electric aircraft to save procurement cost and fuel consumption.
Fixed-Wing expected to dominate the largest share of the market
By platform, the aircraft actuator market is segmented into fixed-wing and rotary-wing. In 2018, the fixed-wing segment was estimated to be the largest segment of the market due to increased demand for aircraft across several sectors such as commercial, military, and general aviation.
The fixed-wing segment is further divided into commercial aircraft, business aircraft, military aircraft, general aviation aircraft, and fixed-wing UAVs. In 2018, the commercial aircraft segment was expected to account for the largest share in the market. The upsurge in air transport is the key factor in strengthening the growth of this segment.
The fixed-wing UAV segment is expected to grow with a high growth rate due to an increase in demand for autonomous military UAVs such as HALE, MALE, tactical UAVs for intelligence, security, and reconnaissance (ISR) missions.
The rotary-wing segment is expected to be the fastest-growing segment of the market during the forecast period owing to the rising demand for helicopters for several military applications such as surveillance, emergency services, and special combat operations.
Passenger comfort system predicted to be the fastest-growing segment
By system, the aircraft actuator market is segmented into the flight control system, fuel management system, power generation & transmission system, landing gear & braking system, fire or weapon control system, and aircraft health monitoring system. In 2018, the flight control system and power generation and transmission system were expected to be the largest segment of the market. The rise in the adoption of EMAs and EHAs in surface control systems will fuel the growth of the market, owing to the advantage of lightweight aircraft and increased reliability & efficiency. The passenger comfort segment is anticipated to be the fastest-growing segment during the forecast period. The demand for passenger comfort has increased owing to the rise in demand for comfort, safety, and luxury related to air travel is factoring the growth of the market.
North America Aircraft Actuator Market Size, 2018 (USD Billion)
To get more information on the regional analysis of this market, Request a sample
North America is estimated to dominate the market for aircraft actuators, followed by Europe and Asia-Pacific. The growth of the market in North America is expected to grow during the forecast period owing to the rise in the implementation of the modernized safety policies by the major airlines in the U.S such as United Airlines, Inc., Delta Airlines, Inc., and American Airlines, Inc. The aircraft actuator manufacturers in developed countries such as the U.S. are investing in R&D of more electric aircraft, lightweight systems in actuators are expected to fuel the growth of the market. Europe is expected to witness substantial growth in the market during the forecast period, owing to the increased demand for up-gradation of actuator technologies for improved reliability and efficiency of the aircraft.
Asia Pacific is anticipated to be the fastest-growing segment during the forecast period. The rise in aircraft deliveries in countries such as India and China is encouraging the growth of the market for aircraft actuators.
Diverse Product Portfolio and Core Focus of Moog Inc., to Boost the Company to a Leading Position
Moog Inc. offers customers a broad range of actuation products and provides the technical expertise to transition between actuation technologies. Aircraft actuator manufacturers are adopting organic and inorganic growth strategies such as a mergers & acquisitions, new product launches, long term partnerships & agreements with airlines and aircraft MROs, and also building long term relationships with OEMs
The aircraft actuator market report offers qualitative and quantitative insights on aircraft actuators and the detailed analysis of market size & growth rate for all possible segments in the market.
An Infographic Representation of Aircraft Actuator Market
To get information on various segments, share your queries with us
Along with this, the report provides an elaborative analysis of market dynamics, emerging trends, and competitive landscape of aircraft actuators manufacturers. Key insights offered in the report are the adoption trends of aircraft actuator solutions by individual segments, recent industry developments such as partnerships, mergers & acquisitions, consolidated SWOT analysis of key players, Porter’s five forces analysis, business strategies of leading market players, macro and micro-economic indicators, and key industry trends.
Value (USD billion)
By Actuator Type
Airlines, Aircraft OEMs and Aircraft MRO service providers are the main users of aircraft actuators systems to ensure smoothen operations of aircraft.
In 2018, the was USD 14.85 Bn, and it is anticipated to reach USD 16.98 Bn by 2026 growing at a stellar CAGR of 3.12% during the forecast period (2019 -2026)
Commercial aircraft segment is expected to be the leading segment during the forecast period owing to the rise in the commercial aircraft deliveries and number of flights.
Increased aircraft deliveries in emerging economies and rising demand for More Electric Aircraft and an increase in the investment in autonomous aircraft development are some of the key factors driving the growth of the market
Honeywell International Inc. (the U.S.), Saab AB (Sweden), Northrop Grumman Corporation (the U.S.), The Boeing Company (the U.S.), and Lockheed Martin Corporation (the U.S.) and others are the top players in the market
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry