Aircraft Actuators Market by Component (Actuators, Electronic Component, Transistors, Electrical and Mechanical Component, Valves, Generators, Auxiliary Power Units (APUS), and Others), Application (Flight Control System, Health Monitoring System, Power Distribution System, Power Generation System, Avionics System, Landing and Braking System, Fuel Management System, and Others), Aircraft Type (Narrow Body Aircraft (NBA), Wide Body Aircraft (WBA), Very Large Aircraft (VLA), Regional Transport Aircraft (RTA), and Business Jets): Global Opportunity Analysis and Industry Forecast, 2020–2027
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Oct 2020 |
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COVID-19
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Actuators control the movement & mechanism of the aircraft. The aircraft actuators consist of a reduction gear, which 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, with the advancement in technology & reliability, electric actuators are being preferred in modern aircrafts. Moreover, the piezoelectric aircraft actuators are being used in vibration control & noise control of an aircraft.
Market scope and structure analysis:
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        Report Metric |
                    Details |
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 Market size available for years |
 2020–2027 |
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 Base year considered |
 2019 |
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 Forecast period |
 2021–2027 |
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 Forecast units |
 Value (USD) |
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 Segments covered |
 Component, Application, Aircraft Type, and Region |
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 Regions covered |
North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa |
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 Companies covered |
Honeywell International Inc., Safran, Collins Aerospace, Woodward Inc., Infineon Technologies AG, Microsemi, Vishay Intertechnology Inc., Airbus S.A.S., and Boeing. |
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COVID-19 Scenario analysis:
- Due to COVID-19 situation, the production of aircraft actuators across the globe has been hampered because of the declared lockdowns and government restrictions on travelling.
- Supply of aircraft actuator parts such as electronic components, position sensors, and arresting brakes has been adversely impacted due to COVID-19.
- Government restrictions on travelling due to COVID-19 has adversely impacted demand of new commercial & private business jets. Thereby, growth of aircraft actuators market has also been negatively impacted.
- Demand of aircraft actuators is expected to rise in near future as travel restrictions starts 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
Increase in passenger traffic across the world, rise in demand for reducing aircraft weight, and surge in demand for premium air travel are some of the factors that drive the growth of the aircraft seat actuation systems market. However, rapid technological upgrades are hampering the market growth. Modernization plans of the existing aircrafts are expected to create new opportunities in the global aircraft actuators market.
Demand for reducing aircraft weight
Recently, companies have started to focus on reducing overall weight of the aircraft. The weight of the aircraft is directly proportional to its fuel efficiency, which is considered as 1/3rd of aircraft’s operating costs. Owing to the need of reducing aircraft’s weight, aircraft manufacturers are keen to adapt new technologies which may reduce the aircraft’s weight. Since actuators helps in reducing the weight of the aircraft, the demand for aircraft actuators is increasing significantly; thereby, contributing in the growth of the aircraft actuators market.
Key segments covered:
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         Segments |
                 Sub-segments |
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 Component |
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 Application |
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 Aircraft Type |
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Key benefits of the report:
- This study presents the analytical depiction of the aircraft 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 actuators market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global aircraft actuators market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
- The report provides a detailed global aircraft actuators market analysis based on competitive intensity and how the competition will take shape in coming years.Â
Questions answered in the aircraft actuators market research report:
- Which are the leading market players active in the global aircraft 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?
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