The Business Research Company’s Aircraft Actuator Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON, UK, August 12, 2022 /EINPresswire.com/ — According to ‘Aircraft Actuator Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the aircraft actuator market size is expected to grow to $19.66 billion in 2026 at a CAGR of 7.3%. Increasing passenger traffic across the world is expected to drive the aircraft actuator industry growth going forward.
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The aircraft actuator market consists of sales of aircraft actuators by entities (organizations, sole proprietors, and partnerships) that are used to adjust flight control surfaces such as elevators, rudders, ailerons, flaps, slats, and spoilers. Aircraft actuators are mechanical devices that can transfer and divert motion energy from one form to another. In the aviation sector, actuation systems are used in a variety of ways. It is responsible for everything from cargo bay doors and landing gear to engine components and flight control surfaces.
Global Aircraft Actuator Market Trends
Technological advancements have emerged as one of the key aircraft actuator market trends gaining popularity. Major companies operating in the aircraft actuator market are focused on developing technologically advanced products to strengthen their market position. For instance, in June 2021, Curtiss-Wright Corporation, a US-based aviation company, delivered the primary flight control actuators and control electronics to Eviation Aircraft for the all-electric Alice aircraft. The new Curtiss-Wright high-power density electromechanical actuators (EMA) provide Eviation with a modular, distributed solution that enables a flexible control architecture. Curtiss-Wright’s electromechanical actuation (EMA) technology helps speed the development of all-electric regional commuter aircraft and reduces the risk. For a wide range of aviation applications, including flight controls, landing gear, and utility actuation, EMA technology offers significant advantages over traditional hydraulic techniques, such as enhanced dependability, improved energy economy, and decreased weight.
Global Aircraft Actuator Market Segments
The global aircraft actuator market is segmented:
By Actuators Type: Hydraulic, Pneumatic, Electric, Electromechanical, Electrohydrostatic
By Motion: Linear, Rotary
By Platform: Fixed Wing, Rotary Wing
By End-User: Commercial Aircraft, Military Aircraft, Others
By Geography: The global aircraft actuator market report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest share.
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Aircraft Actuator Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides aircraft actuator global market overviews, analyzes and forecasts market size and growth for the global aircraft actuator market, aircraft actuator market share, aircraft actuator global market segments and geographies, aircraft actuator global market players, aircraft actuator global market leading competitor revenues, profiles and market shares. The aircraft actuator market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Aircraft Actuator Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Honeywell International Inc., Eaton, Moog Inc., Parker Hannifin Corp, Safran, Meggit Plc., Woodward Inc., Sitec Aerospace GmbH, Progressive Automation Inc, Tamagawa seiki Co. Ltd., Aero Space Controls Corporation, Beaver Aerospace & Defense Inc., Rockwell Collins, and Curtiss-Wright.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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