The USA aircraft actuator market is set to reach US$ 7.7 billion by 2032. From 2017 to 2021, the USA market exhibited a CAGR of 4.6%. The aviation industry is constantly evolving with respect to aircraft actuator systems. The Commercial Aircraft Segment is Expected to Secure the Largest Share of the Market
NEWARK, Del, March 15, 2023 (GLOBE NEWSWIRE) — The global aircraft actuator market revenues totaled around US$ 15.2 billion in 2022. Over the next ten years, aircraft actuator sales are likely to rise at 5.1% CAGR. The total market valuation at the end of 2032 will reach US$ 25.0 billion.
Rotary type actuators will continue to dominate the global market through 2032. The target segment is likely to expand at 5.0% CAGR over the next ten years. This is due to rising applications of this actuator type in aviation industry. Rapid expansion of aviation industry worldwide will play a key role in fueling aircraft actuator demand.
To Get Sample Copy of Report Visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4065
In recent years, there has been a rapid increase in commercial aircraft globally. This is due to changing preferences of people towards air travel. People today are more inclined towards traveling by airplane. This in turn is fostering development of aircraft actuator market.
The gradual transition towards electric aircraft will boost aircraft actuator sales through 2032. As aviation industry is moving towards electrification to reduce pollution levels in the environment, components such as aircraft actuators are gaining immense popularity. Rising popularity of electric actuators will also help in expanding the global market over the next ten years.
Key Takeaways from Aircraft Actuator Market Report:
- Global sales of aircraft actuators are likely to rise at 1% CAGR through 2032.
- Based on type, rotary actuator segment will exhibit a CAGR of 0% over the next ten years.
- By system, pneumatic actuator category is forecast to expand at 9% CAGR.
- Aircraft actuator demand in China is likely to rise at 1% CAGR during the assessment period.
- The United States aircraft actuator market size will reach US$ 7.7 billion by 2032.
- Aircraft actuator sales across Korea are set to increase at 5% CAGR through 2032.
- Japan aircraft actuator market valuation will reach US$ 1.8 billion by the end of 2032.
“Rapid expansion of aerospace & aviation industry will trigger aircraft actuator sales. Besides this, rise in electric aircraft to reduce carbon emission will bode well for the market.” Says a lead Future Market Insights analyst.
Request for Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-4065
Who is Winning?
Key aircraft actuator companies are launching new products with improved features. They are also adopting strategies such as partnerships, acquisitions, etc. to expand their presence.
For instance,
- In July 2022, a new electric nose landing gear actuator was introduced by Safron.
More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the aircraft actuators market, presenting historical market data (2017 to 2021) and forecast statistics for the period from 2022 to 2032.
The study reveals extensive growth in the aircraft actuator market in terms of type (rotary and linear), system (hydraulic actuators, electrical Actuators, pneumatic actuators, and mechanical actuators), and end user (commercial aircraft and military aircraft) across various regions.
Aircraft Actuator Segmentation
By Type:
- Linear
- Rotary
By End User:
- Commercial Aircraft
- Military Aircraft
By System:
- Hydraulic Actuators
- Electrical Actuators
- Pneumatic Actuators
- Mechanical Actuators
Buy Now @ https://www.futuremarketinsights.com/checkout/4065
Table of Content
1. Executive Summary | Aircraft Actuator Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.2. Scenario Forecast
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
Get More Information on this Report @ https://www.futuremarketinsights.com/reports/aircraft-actuator-Market
Top Reports Related To Technology Market Insights
Employee Engagement Market Size – The global employee engagement market is expected to total US$ 1.6 Billion in 2022, with sales growing at a robust 9.1% CAGR. The total employee engagement market size will reach US$ 3.8 Billion by 2032.
5G Chipset Market Share – Global demand for 5G Chipset is expected to rise at a yearly growth rate of 25.5% Y-o-Y to US$ 180.0 Billion in 2032.
Workforce Management Market Trends – In 2021, the workforce management market was valued at US$ 8.4 Billion. The total workforce management market is forecast to be worth US$ 21.9 Billion by 2032, with a 9.2% CAGR between 2022 and 2032 in comparison with a 7.5% CAGR registered during 2017-2021.
Academic Scheduling Software Market Outlook – The global academic scheduling software market garnered US$8.5 Billion in 2021, and is likely to exhibit a Y-o-Y increase of 15.0% to be valued at US$ 9.8 Billion in 2022. Owing to the growing support from various governmental organizations, the market is likely to propel to US$ 35.2 Billion by 2032.
Cloud Workload Protection Market Demand – In 2021, the cloud workload protection market will generate US$ 2,918.0 Million in sales. The cloud workload protection market is anticipated to reach US$ 25,868.9 Million by 2032, increasing at a 22.1% CAGR between 2022 and 2032.
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
- Stanley Black & Decker, Inc. (SWK) Shareholder Alert: Robbins LLP Reminds Investors of Class Action Against Stanley Black & Decker, Inc. - March 27, 2023
- ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Hesai Group Investors to Inquire About Securities Class Action Investigation – HSAI - March 27, 2023
- Dish Network Corporation (DISH) Shareholder Alert: Robbins LLP Reminds Investors of Class Action Against Dish Network Corporation - March 27, 2023
