Military Actuators Market - Introduction

  • Automation plays an important role in the defense industry due to the various advantages offered by actuators
  • Military actuators are used to alter tank altitude, and monitor and control velocity and engine speed. They are also used to monitor the secure and smooth landing of aircraft, and gun positioning. Increase in demand for electric actuators in the defense industry is fueling the military actuators market.
  • Different sources of energy such as electricity, hydraulic fluid pressure, or pneumatic pressure, which convert energy into motion, are used to operate actuation systems

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Key Drivers and Restraints of Global Military Actuators Market

  • Military automation is the latest trend in the international defense industry. Many countries around the globe have started implementing military automation to boost their fighting capabilities. This has boosted the demand for military actuators across the globe.
  • Actuators play a vital role in military vehicles. The military actuators market is driven by the adoption of automation to improve military combat capabilities. However, strict enforcement of regulatory requirements and issues related to power consumption, noise, and leakage are impeding the market.
  • On the other hand, production of miniaturized military actuators and the widespread use of advanced actuators provide ample opportunities to the military actuators market
  • Increase in orders and procurement of aircraft, both for commercial and military purposes, is a primary factor driving the market
  • 3D printing has made the process of design and implementation of actuators faster, less expensive, and simpler. It also enables incorporation of all actuator components into a single structure, thus eliminating the need to use external joints, adhesives, and fasteners. The military actuators market is anticipated to expand at a fast pace, once 3D printed actuators become fully operational in the aerospace sector.

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Hydraulic Actuators Segment Offers Significant Potential

  • Based on system, the global military actuators market can be divided into hydraulic actuators, electrical actuators, pneumatic actuators, mechanical actuators and others
  • Hydraulic actuators is projected to be the fastest growing segment of the market during the forecast period. Hydraulic actuators are commonly used in the aerospace & defense field.
  • For wheeled vehicles, hydraulic actuators are used. These actuators produces a force greater than that generated by pneumatic actuators. Such actuators require additional maintenance costs in some applications due to the increase in oil consumption as a result of leakage issues.
  • Hydraulic actuators are commonly used in various aircraft parts. These actuators are seldom used in the marine industry due to the possibility of fuel leakage. Such actuators require additional maintenance due to the increase in oil consumption as a result of leakage issues.

Asia Pacific to Exhibit High Growth in Global Military Actuators Market

  • In terms of region, the global military actuators market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is likely to witness the highest growth rate for military actuators from 2019 to 2027, due to the technological advancements and increase in number of military aircraft deliveries in the region
  • Increase in demand for mini-electric actuators for advanced driver assistance and aircraft sensors is also expected to drive the military actuator market in Asia Pacific
  • The market in North America is also estimated to expand at a significant pace throughout the forecast period owing to the presence of several major combat aircraft manufacturers such as Lockheed Martin and Northrop Grumman; and actuation system providers such as UTC and Honeywell in the region
  • Growth in defense expenditure in the U.S. is projected to drive the demand for military actuators in the country during the forecast period

Key Manufacturers Operating in Market

The global military actuators market was highly fragmented in 2018. Key manufacturers operating in the global market are:

  • Triumph Group
  • Curtiss-Wright
  • Moog Inc.
  • Venture Mfg. Co.
  • Parker Hannifin
  • Nook Industries
  • Ultra Motion
  • Meggitt

Global Military Actuators Market: Research Scope

Global Military Actuators Market, by System

  • Hydraulic Actuators
  • Pneumatic Actuators
  • Electrical Actuators
  • Mechanical Actuators
  • Others (Electromechanical Actuators and Electrohydraulic Actuators)

Global Military Actuators Market, by Type

  • Linear Actuators
  • Rotary Actuators

Global Military Actuators Market, by Application

  • Land
  • Air
  • Naval

Global Military Actuators Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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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