Aircraft Actuator Market

Description

The aircraft actuator market is anticipated to grow from US$ 9.30 billion in 2024 to US$15.6 billion by 2031, reflecting a compound annual growth rate (CAGR) of 8.22% during the period from 2031 to 2031. This growth is primarily fueled by increased investments in expanding the aircraft fleet and a rising demand for narrow-body and small aircraft.

Analysis of the Aircraft Actuator Market

The expansion of the aircraft actuator market is largely attributed to substantial investments in cutting-edge technologies within the aviation sector. Over the last two decades, both commercial and military aviation industries have experienced remarkable growth. The pace of technological advancement has been impressive, leading to heightened demand for a variety of products and services. The adoption of aircraft actuator solutions in commercial aviation is on the rise, driven by the need to enhance flight control systems and landing gear. The growing incidence of aircraft accidents and the enhancement of safety regulations have underscored the critical role of aircraft actuators. To boost performance, aircraft are increasingly implementing advanced electromechanical actuation systems. Electromechanical actuators are witnessing significant market growth as manufacturers shift towards integrating more electrical systems into their aircraft. Additionally, innovations in aircraft control systems, including digitalization and Internet of Things (IoT) connectivity, are further propelling market growth.

Overview of the Aircraft Actuator Market

The aircraft actuator sector is continuously advancing with new product innovations aimed at delivering smaller, lighter, and more cost-effective actuation systems. The growing demand for electromechanical actuators to improve actuation processes is driving market expansion. The emergence of electric aircraft presents new opportunities for market participants to develop lighter, more compact, and efficient aircraft actuators. Furthermore, the increasing demand for small and narrow-body aircraft fleets from both developing and developed countries is contributing to market growth. The trend towards greater electrification in aircraft systems, utilizing hybrid combinations of mechanical and hydraulic systems, is also enhancing the aircraft actuators market.

Strategic Insights

Drivers and Opportunities in the Aircraft Actuator Market

Growing Use of Electromechanical Actuators

Aircraft flight control systems are transitioning from traditional bulky, heavy, and leaky hydraulic systems to more efficient electric autonomous systems. The advancements in electromechanical (EM) actuators, characterized by their reliability, compactness, lightweight, and cost-effectiveness, are driving their adoption in aircraft. Both commercial and military aircraft fleets are seeking advanced systems that reduce weight to improve fuel efficiency. Actuators are essential for various functions in aircraft, including landing gear, slats and spoilers, seats, flaps, engine inlet guide vanes, rudder, ailerons, and cargo or weapon bay doors. As aircraft OEMs increasingly focus on lightweight models, electromechanical actuators are becoming more appealing, thereby stimulating the aircraft actuators market. The aerospace industry's shift towards electric aircraft is also phasing out hydraulic, pneumatic, and mechanical systems, leading to a rise in the adoption of electric actuation systems. This trend is generating significant demand for electrical actuators, which is ultimately enhancing the aircraft actuators market.

Emerging Technologies: Plasma Actuators, Electric Aircraft Actuators, and VTOL Actuators

The aircraft actuators industry has transitioned from pneumatic and hydraulic systems to electric actuation systems. As the aircraft fleet moves towards cleaner energy sources, the aviation sector is increasingly adopting electric energy to minimize emissions. The rise of electric aircraft is fostering a new trend for electric actuators in the market. For example, in December 2020, Curtiss-Wright received an order to supply primary flight control actuation technology for Alice's all-electric commuter aircraft, offering a commercial-off-the-shelf (COTS) EMA design that is lighter, cost-effective, and reduces program risk. Additionally, hydraulic and pneumatic systems tend to be bulkier, which increases weight and fuel consumption. Consequently, the aircraft industry is opting for lightweight electric actuators to mitigate the additional fuel consumption associated with heavier systems.

Segmentation Analysis of the Aircraft Actuator Market Report

Key segments contributing to the analysis of the aircraft actuator market include type, system, and end user.

By type, the aircraft actuator market is categorized into linear and rotary, with the linear segment holding a larger market share in 2024.
By system, the market is divided into hydraulic actuators, electrical actuators, mechanical actuators, and pneumatic actuators, with the pneumatic actuators segment holding a larger market share in 2024.
By end user, the market is segmented into commercial aircraft and military aircraft, with the commercial aircraft segment holding the largest market share in 2024.

Geographical Analysis of the Aircraft Actuator Market Share

The geographical scope of the aircraft actuator market report is divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.

In 2023, North America led the aircraft actuator market, which includes the US, Canada, and Mexico. The aerospace industry in North America has matured, supported by a large number of aircraft manufacturers, advanced actuator technology providers, and a skilled workforce. There is a significant demand for new control systems in the region, as military and commercial aircraft manufacturers are keen on adopting newer technologies. Consequently, the integration of electric and hydraulic aircraft actuator solutions in commercial aircraft is high, particularly in new narrow-body aircraft developed by manufacturers. Boeing dominates the commercial aerospace sector in North America, integrating a wide range of actuators in its B787 and B777 models to enhance flight control.

Scope of the Aircraft Actuator Market Report

Recent Developments and News in the Aircraft Actuator Market

The aircraft actuator market is assessed through qualitative and quantitative data collected from primary and secondary research, including significant corporate publications, association data, and databases. Below are some recent developments and strategies in the aircraft actuator market:

In June 2023, Supernal, an advanced air mobility company, partnered with UMBRAGROUP, which will supply actuators and motor control electronics for Supernal's future vehicles.
In July 2022, Honeywell International, Inc. entered into an agreement with Archer Aviation Inc. to supply actuators and climate system technology for Archer's production aircraft.

Coverage and Deliverables of the Aircraft Actuator Market Report

The "Aircraft Actuator Market Size and Forecast (2021-2031)" report provides a comprehensive market analysis covering the following areas:

Market size and forecast at global, regional, and country levels for all key market segments included in the scope
Market dynamics, including drivers, restraints, and key opportunities
Key future trends
Detailed Porter's Five Forces analysis
Global and regional market analysis covering key trends, major players, regulations, and recent developments
Industry landscape and competition analysis, including market concentration, heat map analysis, prominent players, and recent developments
In-depth company profiles with SWOT analysis

Product Code: TIPRE00006365

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 and 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 and Global Market Analysis

6.1 Overview
6.2 Aircraft Actuators Market and Revenue and Forecast to 2031 (US$ Million)
6.3 Market Positioning and Global Market Players Ranking

7. Aircraft Actuators Market Analysis and By Type

7.1 Overview
7.2 Aircraft Actuators Market, By Type (2024 and 2031)
7.3 Linear
- 7.3.1 Overview
- 7.3.2 Linear: Aircraft Actuators Market andRevenue and Forecast to 2031 (US$ Million)
7.4 Rotary
- 7.4.1 Overview
- 7.4.2 Rotary: Aircraft Actuators Market andRevenue and Forecast to 2031 (US$ Million)

8. Aircraft Actuators Market Analysis and By System

8.1 Overview
8.2 Aircraft Actuators Market, By System (2024 and 2031)
8.3 Hydraulic Actuators
- 8.3.1 Overview
- 8.3.2 Hydraulic Actuators: Aircraft Actuators Market and Revenue and Forecast to 2031 (US$ Million)
8.4 Electrical Actuators
- 8.4.1 Overview
- 8.4.2 Electrical Actuators: Aircraft Actuators Market and Revenue and Forecast to 2031 (US$ Million)
8.5 Mechanical Actuators
- 8.5.1 Overview
- 8.5.2 Mechanical Actuators: Aircraft Actuators Market and Revenue and Forecast to 2031 (US$ Million)
8.6 Pneumatic Actuators
- 8.6.1 Overview
- 8.6.2 Pneumatic Actuators: Aircraft Actuators Market and Revenue and Forecast to 2031 (US$ Million)

9. Aircraft Actuators Market Analysis and By End User

9.1 Overview
9.2 Aircraft Actuators Market, By End User (2024 and 2031)
9.3 Commercial Aircraft
- 9.3.1 Overview
- 9.3.2 Commercial Aircraft: Aircraft Actuators Market andRevenue and Forecast to 2031 (US$ Million)
9.4 Military Aircraft
- 9.4.1 Overview
- 9.4.2 Military Aircraft: Aircraft Actuators Market andRevenue and Forecast to 2031 (US$ Million)

10. Aircraft Actuators Market and Geographic Analysis

10.1 Overview
10.2 North America: Aircraft Actuators Market
- 10.2.1 North America: Aircraft Actuators Market and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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 and Revenue and Forecast to 2031 (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