Aircraft Actuator Market Report 2017 is a professional and in-depth study on the current state of the Aircraft Actuator Market insight. Report provides market size, share, growth, trend, supplier, top player, manufacturer, demand, outlook, opportunities, competitors, production, revenue analysis forecast to 2022 from 2017. The aircraft actuator market is expected to reach 20.13 billion by 2022 at a CAGR of 9.5% between 2016 and 2022.
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An increasing trend to adopt the more electric aircraft (MEA) concept has resulted in an increasing number of electronic components replacing the traditional mechanical or hydraulic components. This has resulted in an increased power requirement for electronic components, further increasing the demand for power generation systems and would be the major driver for the growth of the aircraft actuator market.
Aircraft Actuator Companies Profiled In Report: Honeywell Aerospace, Inc. (U.S.), Rockwell Collins, Inc. (U.S.), Safran SA (France), UTC Aerospace Systems (U.S.), Woodward, Inc.
(U.S.), Microsemi Corporation (U.S.), Infineon Technologies AG (Germany), and Vishay Inter technology, Inc. (U.S.)among others.
The target audience for the report includes:
- Raw material suppliers
- Actuator, electronic, and electrical & mechanical component designers, manufacturers, and suppliers
- Aircraft system integrators, suppliers, and service providers
- Aircraft manufacturers
- Application software providers
- Government bodies such as regulating authorities and policy makers
- Aviation-related associations, organizations, forums, and alliances
- Research institutes and organizations
- Market research and consulting firms
“Hydraulic to be the leading actuator type during forecast period”
Among all the actuator types, hydraulic actuators accounted for the largest market share in 2015. Hydraulic actuators are the most powerful type of actuators which deliver high power and better control with a good response time, and without utilizing much space, because of which they are widely used as part of aircraft machineries.
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“Converters expected to be fastest-growing electronic components during the forecast period”
Among all the electronic components types, converters accounted for the largest market share in 2015 and the market for the same is estimated to grow at the highest CAGR between 2016 and 2022. Due to the emergence of the more electrical aircraft concept, the requirement of electricity generation and distribution in aircraft would increase significantly; this would give rise to the associated components market including converters.
Aircraft Actuator Market Overview –
Aircraft Actuator Market, by Component:
- Electronic Component
- Electrical and Mechanical Component
Aircraft Actuator Market, by Aircraft Type
- Narrow Body
- Wide Body
- Very Large Body
Aircraft Actuator Market, by Application:
- Flight Control System
- Health Monitoring System
- Power Distribution System
- Power Generation System
- Avionics System
- Landing and Braking System
- Fuel Management System
This report includes the market statistics pertaining to component, aircraft type, and application along with their respective market size. The Porter’s five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the aircraft actuator market.
Major drivers, restraints, and opportunities for the aircraft actuator market have been detailed in this report.
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This report segments the Aircraft Actuator market comprehensively and provides the closest market size estimation for sub segments across different regions. The report would help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities for market growth.
This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes the information on the competitor’s ecosystem, product launches, acquisitions, partnerships, agreements, contracts, and collaborations.