Global Actuator Systems Market in Aviation: Brief Description

The last few years have witnessed a growing trend of electric aircraft, which has propelled the development of electrical actuation systems replace hydraulic actuators in several applications including flight control and landing gear. The use of electric actuation systems is also increase due to the rising awareness among customers for clear and environmentally friendly aircrafts. Moreover, actuators are useful in other industries such as industrial machinery, military ground vehicles, missiles and munitions, space satellites, and launch vehicles and civil and military aircraft. 

The report is a comprehensive overview of the global market for actuator systems in aviation, which forecast a robust growth rate during the forecast period of 2017 to 2025. The report studies all the prominent factors that are expected to influence the future of the market and also highlights some of the opportunities available for the players currently active at the global level. 

Global Actuator Systems Market in Aviation: Trends and Prospects

Airlines are actively looking for ways to decrease their expenditures on the aircrafts and increase their net profits, which can be achieved by the use of actuator. The surging prices of fuel used in the aircrafts is enticing manufacturers to opt for more efficient alternatives and invest in the development of electric aircraft concept. When compared to the primary functions in the aircraft with electrical systems, conventional pneumatic and hydraulic systems aircrafts benefit with reduced fuel burn, more dispatch availability, higher reliability, and considerably lower maintenance cost. Noticing the lucrativeness of the field, several research and development programs are currently underway to manufacture aircrafts with enhanced operational efficiency and reduced fuel consumption. As a result, while existing players are adding to their investments, several financially equipped players are ending the market and thereby helping the expansion of the market for actuator systems in aviation. 

The significant rise in the urban population, which has escalated the air travel across the globe while resulting in the increased number of operational aircrafts, is another prominent factor that is driving the growth rate. Conversely, factors such as defense budget cuts, rules and regulations pertaining to pollution and fuel use, and the need for robust airport infrastructure with improved systems are expected to hinder the growth rate during the forecast period. 

Global Actuator Systems Market in Aviation: Segment Analysis

The global aviation actuator systems market can be segmented on the basis of product, application, type of aircrafts, and geography. By product, the market can be divided into pneumatic actuator, mechanical actuator, hydraulic actuator, electromechanical actuator, and electro-hydraulic actuator. On the basis of application, the market can be divided into defense aviation auxiliary actuators, defense aviation flight control actuators, defense aviation landing gear, commercial aviation auxiliary actuators, commercial aviation flight control actuators, and commercial aviation landing gear actuators. On the basis of type of aircraft, the actuator systems market in aviation can be divided into transport aircraft, fighter aircraft, wide body aircraft, very large aircraft, and narrow body aircraft. Geographically, the report studies the regional markets of North America, Europe, Asia Pacific, and rest of the world. 

Some of the key players in the global aviation actuators systems market are Rockwell Collins, Eaton, Honeywell, Moog, Parker, Saab, Woodward, Merrill, UTC, Curtiss Wright, Beaver, Cesa, GE Aviation, Arkwin, and Electromech Technologies.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market    

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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