Aircraft Electromechanical Actuators Market

Actuators control the movement & mechanism of the aircraft. The aircraft actuators consist of a reduction gear that is used to control the rotating motion. In the aircraft, actuators are used in wide range of applications, such as to control & limit speed of the aircraft by adjusting levers & flaps. Aircraft actuators have ability to withstand ambient conditions such as strong vibrations, heat, and cold. Moreover, several aircraft actuators are used while landing operation of an aircraft. For instance, linear actuators are used to open the gate of landing gear, landing gear lowers its position with the help of actuators and others. Traditionally hydraulic actuators were used in landing gear; however, increasing use of electromechanical actuators due to its high efficiency & reliability as compared to other actuators is the new trend of the aircraft actuator market.

COVID-19 Scenario analysis:

• Due to COVID-19 situation, the production of aircraft electromechanical actuators across the globe has been hampered due to the declared lockdowns and government restrictions on travelling.
• Supply of aircraft actuators parts such as electronic components, position sensors, and arresting brakes have been adversely impacted due to COVID-19.
• Government restrictions on travelling due to COVID-19 has adversely impacted the demand for new commercial & private business jets. Thereby, growth of aircraft electromechanical actuators market has also been negatively impacted.
• Demand of aircraft electromechanical actuators is expected to rise in near future as travel restrictions start loosen up in few parts of the world.
• Demand for spare parts is also down since there are no requirement from the airlines as many airline’s business has been closed due to COVID-19 pandemic.

Top impacting factors: market scenario analysis, trends, drivers and impact analysis

Increasing aircraft orders, rise in demand for reducing aircraft weight, and increase in demand for premium air travel drive the growth of the aircraft electromechanical actuators market. However, rapid technological upgrades are hampering the market growth. On the contrary, modernization plans of the existing aircrafts are expected to create new opportunities in the global aircraft electromechanical actuators market.

Increase in aircraft orders

Rise in air passenger traffic and political issues between countries is resulting in increase in number of aircraft orders (both commercial and military). Additionally, growing tourism across the globe and decreasing fuel prices also contributed in the demand of new aircrafts. Such rise in aircraft deliveries will require additional hardware such as aircraft actuators. Hence, increase in aircraft orders will create demand for the aircraft electromechanical actuators; thereby, driving the global aircraft electromechanical actuators market.

Key benefits of the report:

• This study presents the analytical depiction of the aircraft electromechanical actuators industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global aircraft electromechanical actuators market share.
• The current market is quantitatively analyzed to highlight the global aircraft electromechanical actuators market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed global aircraft electromechanical actuators market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the aircraft electromechanical actuators market research report:

• What are the leading market players active in the global aircraft electromechanical actuators market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What are the projections for the future that would help in taking further strategic steps?

 Aircraft Electromechanical Actuators Market Report Highlights