Military Aircraft Actuation Systems Market Research Report - Global Forecast to 2021

Military Aircraft Actuation Systems Market
Research Report By Forecast To 2021
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2021
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Military Aircraft Actuation Systems Market Research Report - Forecast to 2021
Global Military Aircraft Actuation Systems Market by Type (Hydraulic, Electric, and Pneumatic) and by
Geography - Forecast To 2021
The global military aircraft actuation systems market is growing with the rapid 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 rapid pace
over the forecast period. The market is forecasted to witness slow but steady growth by 2021, which will be a surplus
growth at a moderate CAGR during the projected period (2016 -2021).
A military aircraft actuation systems help to give an aircraft, a control broad range of applications such as extension and
retraction of landing gears, monitoring, and controlling velocity and controlling engine speed by adjusting levers and flaps.
Different sources of energy such as electricity, hydraulic fluid pressure, or pneumatic pressure, which convert energy into
motion, are used to operate the actuation systems. Moreover, rising investment in research and development will boost the
market growth. The growing demand for automation and increase in the number of aircraft are estimated to gain higher
popularity during the forecast period. Focus towards the development of autopilot landing system and the emergence of
Auto-GCAS enhance the growth of the gear market for the automotive sector. However, high cost associated with autopilot
system and thermal challenges of more electric aircraft (MEA) acts as a barrier to the growth of military aircraft actuation
systems market.
The automotive military aircraft actuation systems market is completely dependent on the growth of military aircraft. Thus,
the increasing or decreasing demand for the aircraft directly has an impact on the market. The total volume of aircraft
operation, across the globe, in 2015, was almost 51,000 units and is expected to witness further boost by the year 2020.
Moreover, the increase in the sales of aircraft has mainly been because of competitive and diverse options available for
finance. The aerospace industry adopted new strategies to achieve greater efficiency, and reduced costs are increasing
OEM's dependence on tier 1 suppliers. Big players such as Boeing and Airbus focus more on integration and less on internal
production capability. Thus, the growth of the military aircraft actuation systems market is expected to go hand in hand with
the growth of aircraft.
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Military Aircraft Actuation Systems Market Research Report - Forecast to 2021
In 2014, emerging regions in the military aerospace market, such as Brazil, China, India, and the Middle East countries, like
Saudi Arabia and UAE, have increased their military spending in 2015. For example, China and India have over 5,000 military
aircraft in 2015, that is, 5% more than the total number in 2014. The increase in the number of military aircraft will
eventually increase the development of actuation systems, thereby driving the market. Growing demand for automation
and increasing R&D investments are some key drivers of the market.
The global military aircraft actuation systems market as a whole is highly competitive. The dynamic business environment
and cutthroat competition in the market constantly require high product quality, reliability, and aftermarket service.
Development of cost-effective and systems require constant research & development support thus resulting in extensive
capital investment at a constant rate.
Key Players and Industry News
Honeywell International, Moog, Parker Aerospace, Rockwell Collins, United Technologies (UTC), Curtiss Wright, Eaton, GE
Aviation, Saab, and Woodward 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.
January, 2018 – Moog Inc. was selected to supply its Common Electromechanical Actuation (CEMA) TVC system and its
Rocket Engine Modules (REM) featuring the MONARC – 90 engines to Boeing for the NASA SLS Exploration Upper Stage
(EUS) program.
May, 2016 – Rockwell Collins announced that its horizontal stabilizer trim and flap actuation systems installed on Cessna
Citation Longitude super-midsize business jet.
June, 2013 – TransDigm Group acquired the assets of GE Aviation’s electromechanical actuation division for approximately
$150 million in cash.
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Military Aircraft Actuation Systems Market Research Report - Forecast to 2021
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Military Aircraft Actuation Systems Market Research Report - Forecast to 2021
Military Aircraft Actuation Systems Market – Segmentation
The Global Military aircraft actuation systems Market is segmented in to 3 key dynamics for the convenience of the report
and enhanced understanding;
Segmentation by Type
: Comprises Hydraulic, Electric and Pneumatic
Segmentation by Aircraft Wing
: Comprises Fixed Wing and Rotary Wing
Segmentation by Regions
: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Military Aircraft Actuation Systems Market: Regional Analysis
America market is dominating the market of military aircraft actuation systems market due to growth in aircraft industry.
Development of UAV sector of the USAF and growing investment on UAVs are driving the market for military aircraft
actuation systems. The market in the America is largely driven by increasing number of aircraft, UAV and the growing
investments which helps in operations of aircrafts and other output.
Asia-Pacific region is referred to as the second-largest military aircraft actuation systems market due to factors such as
growing number of military aircraft and simultaneously increasing military expenditure have fuelled the demand for
vehicles in the country.
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Global Military Aircraft Actuation Systems Market by Type (Hydraulic, Electric, and Pneumatic) and by Geography - Forecast To 2021