Dec 17, 2018
Military Aircraft Actuation Systems Market Research Report: Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Type (Hydraulic, Electric, and Pneumatic) and Geography - Forecast To 2021
Pune , India - December 17, 2018 /MarketersMedia/ —
Global Military Aircraft Actuation Systems Market – Overview
Market Research Future published a cooked research report on “Global Military Aircraft Actuation Systems Market Research Report - Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
MOOG INC., Honeywell International Inc., PARKER HANNIFIN CORP, Rockwell Collins, United Technologies Corporation, Curtiss-Wright Corporation, Eaton Corporation, GE, Saab AB, and Woodward, Inc. 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.
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The global military aircraft actuation systems market is growing with the steady pace. According to a recent study report published by the Market Research Future, the global market of military aircraft actuation systems will grow at a steady pace over the forecast period. The market is forecasted to witness a steady growth by 2023, growing at a moderate CAGR during the projected period (2018 -2023).
Actuators plays an important role are for both aircraft and spacecraft. Normally there are hydraulic and electric actuators. But as per the recent studies, the concept of the more-electric aircraft pushed the development of electric actuation systems to substitute for hydraulic actuators for a variety of applications such as aircraft landing gear, flight control, and brake actuation. Additionally, the use of electrical actuators, especially when utilizing the piezoelectric principle, opens new fields of application in noise and vibration control. In military aircraft, there is a trend for miniaturization meet in active optics, fine instruments, robotic missions, micro-satellites, UAVs, MAVs, which directly affects the market for the actuators.
The factors responsible for the growth of the market are increasing military aircraft sales and increase in research & development expenses in developing countries such as China, India, South Korea, and Brazil. Thus, the increasing or decreasing demand on aircraft sales has an overall impact on the market. The increasing usage of lightweight materials will also lead to increasing the use of military aircraft actuation systems, which will simultaneously boost the market growth. Another factor responsible for the increase in military aircraft actuation systems is the technological advancements such as the use of electric actuators instead of hydraulic actuators that helps in avoiding leakages and difficult assemblies. This is the primary factor that drives the growth of the military aircraft actuation systems market and has gained prevalence in the recent times. Thus, the growth of the military aircraft actuation systems market is expected to increase as the number of aircraft increases. However, factors such as high initial costs and military budget cuts are restraining the market growth.
The new kind of actuators such as electric actuators are dependent on the electronic system design and power amplifier stages. They require highly efficient and reliable electronics to attain flight worthy products. In military field, a new generation of smart actuators such as piezoelectric actuators and magnetic actuators, offer high energy density for supporting both extreme and various requirements.
The use of hydraulic and electric actuators in aircraft have permitted aerodynamic improvements that were earlier impossible using conventional materials, for example, reduced fuel consumption. Many developments not only reduce fuel usage but also enhance range and payload capabilities, expansion of connectivity of their global networks, and carry additional cargo and military loads.
Industry/ Innovation/ Related News:
January 2018 – Moog Inc. supplied Common Electromechanical Actuation (CEMA) TVC system and its Rocket Engine Modules (REM), to Boeing for the NASA SLS Exploration Upper Stage (EUS) program.
May, 2016 – Rockwell Collins announced that its new horizontal stabilizer trim and flap actuation system that was installed on Cessna Citation Longitude super-midsize business jet
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Global Military Aircraft Actuation Systems Market – Segmentation
The global military aircraft actuation systems market is segmented in to key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Type : Hydraulic, Electric and Pneumatic
Segmentation by Aircraft wing : Fixed Wing and Rotary Wing
Segmentation by Regions : North America, Europe, Asia-Pacific and Rest of the World.
Global Military Aircraft Actuation Systems Market: Regional Analysis
"Military Aircraft Actuation Systems Market is dominated by America region"
North America dominated the global market in 2017 and is also expected to have the largest market share for military aircraft actuation systems market due to the increasing investments on the unmanned aerial vehicles. Moreover, North America has a large number of aircraft and is the market leader in terms of technologies.
Similarly, Asia-Pacific is referred to as the second-largest market for the military aircraft actuation systems due to factors such as increase in military expenses and growing military aircraft in developing nations such as China, India, South Korea, and Japan. Such factors have fuelled the demand for military aircraft actuation systems market in the region.
Target Audience
• Military Aircraft Actuator OEMs
• Component Suppliers
• Aftermarket suppliers /MROs
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
Scope of Report
The market report for Global Military Aircraft Actuation Systems Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detailed information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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