The Aircraft Actuator market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
An increasing trend to adopt the more electric aircraft (MEA) concept has resulted in an increasing number of electronic components replacing the traditional mechanical or hydraulic components. This has resulted in an increased power requirement for electronic components, further increasing the demand for power generation systems and would be the major driver for the growth of the aircraft actuator market.
Among all the electronic components types, converters accounted for the largest market share in 2017 and the market for the same is estimated to grow at the highest CAGR between 2018 and 2025. Due to the emergence of the more electrical aircraft concept, the requirement of electricity generation and distribution in aircraft would increase significantly; this would give rise to the associated components market including converters.
In the global Aircraft Actuator market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
Honeywell Aerospace
Rockwell Collins
Safran
Utc Aerospace Systems
Woodward
Infineon Technologies
Microsemi
Vishay Intertechnology
Airbus
Boeing
Continental
Delphi
DENSO
HELLA
Market Segment by Product Type
Narrow Body
Wide Body
Very Large Body
Market Segment by Application
Flight Control System
Health Monitoring System
Power Distribution System
Power Generation System
Avionics System
Landing And Braking System
Fuel Management System
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Aircraft Actuator market for the forecast period 2020 - 2025?
• What are the driving forces in the Aircraft Actuator market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Aircraft Actuator industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?