Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Military Aircraft Actuation Systems Market Overview
Military Aircraft Actuation Systems Market size was valued at 6.53 Billion in 2022. The Military Aircraft Actuation Systems industry is projected to grow 13.26 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.20% during the forecast period (2022 - 2032).
A military aircraft actuation system aids in extension and retraction of landing gears, monitoring, and controlling velocity and controlling engine speed by adjusting levers and flaps. Different sources of energy such as electricity, hydraulic fluid pressure, or pneumatic pressure, which convert energy into motion, are used to operate the actuation systems. Moreover, rising investment in research and development will boost the market growth. The growing demand for automation and increasing number of combat aircraft are estimated to gain higher popularity during the forecast period.
Factors such as focus on upgrading in aging military aircraft and increased use of combat aircraft in military missions are positively impacting the military aircraft actuation systems market growth. In addition, the rise in defense expenditure, especially in developing countries and subsequent demand for new combat and trainer aircraft further boosts the market growth. However, the leakage issues associated with hydraulic actuators hinders market growth to a certain extent. Meanwhile, rising terrorist attacks and focus on counter operations create promising growth opportunities for the military aircraft actuation systems market.
Military Aircraft Actuation Systems Market Segmentation
The market is segmented by type, application, aircraft and region.
Based on type
The military aircraft actuation systems market is divided into hydraulic and electric & others. During the forecast period, the electric segment is expected to witness the highest CAGR as it features various beneficial characteristics such as energy savings, low investment costs, high power density and power capacity, fail-safe functionality, and easy integration into existing infrastructure. Based on aircraft, the military aircraft actuation systems market is divided into combat aircraft and non-combat aircraft. In 2017, the combat aircraft segment accounted for the largest market share owing to the increase in production and procurement of fighter aircraft worldwide in order to enhance the military strength. Based on application, the military aircraft actuation systems market is divided into flight control system, landing gear system, other systems. In 2017, the flight control system segment accounted for the largest market share as it requires many actuators compared to other applications.
Military Aircraft Actuation Systems Market, Regional Overview
North America is the leading region for the global military aircraft actuation systems market. Several major combat aircraft manufacturers (such as Lockheed Martin, Northrop Grumman) and actuation system providers (such as UTC, Honeywell) are present in the region, gaining the region a high market share. Moreover, US military is likely to receive USD 674 billion in support in 2019 for new destroyers, fighter jets, Black Hawk helicopters, among others, which indirectly influences the military aircraft actuation systems in this region.
Recent Key Company News in the Military Aircraft Actuation Systems Market:
Honeywell:
January 2024: Announced a collaboration with Safran Helicopter Engines to develop and produce a new electric actuation system for future helicopter applications. This system is expected to improve fuel efficiency and reduce weight.December 2023: Secured a contract from Boeing to supply actuation systems for the MQ-25 Stingray unmanned aerial refueling aircraft.
Moog In:
November 2023: Received a contract from Lockheed Martin to supply electrohydraulic actuation systems for the F-35 Lightning II fighter jet.October 2023: Announced the development of a new family of high-performance electromechanical actuators for military aircraft applications.
Parker Hannifin:
September 2023: Launched a new series of hydraulic power units specifically designed for military aircraft applications.August 2023: Expanded its production capacity for electromechanical actuators at its facility in Toulouse, France.
Collins Aerospace:
July 2023: Successfully completed the first flight test of its next-generation electric thrust vectoring system for fighter aircraft.June 2023: Received a contract from the U.S. Air Force to develop and produce actuation systems for the B-21 Raider bomber.
Military Aircraft Actuation Systems Market of Key Players
Moog Inc. (US), Honeywell International Inc. (US), Parker Hannifin Corporation (US), United Technologies Corporation (US), Curtiss-Wright Corporation (US), Eaton Corporation (Ireland), General Electric Company (US), Liebherr Group (Switzerland), Saab AB (Sweden), Woodward, Inc (US). and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global military aircraft actuation systems market.
Intended Audience
Aircraft Actuation System Providers
Military Aircraft OEMs
Defense Organizations
Component Manufacturers
Research Institutions
Regulatory Bodies
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
