Global Aerospace Actuators Market Overview
Aerospace Actuators Market Size was valued at USD 9721.03 million in 2023. The Aerospace Actuators Market industry is projected to grow from USD 10372.3 Million in 2024 to USD 18310.06 million by 2032, exhibiting a compound annual growth rate (CAGR) of 7.4 % during the forecast period (2024- 2032).The Aerospace Actuators Market is experiencing robust growth driven by several key factors. The aerospace actuator market is growing at a healthy pace across the world due to various factors such as growing need for light weight and energy efficient aeroplanes, growing use of electric actuating systems, and more importance on safety measures. These elements are driving the market growth as the industry is in search of better and improved solutions.
The global market for Aerospace Actuators is witnessing a significant growth rate driven by various factors, such as the increasing aircraft deliveries, a rise in the air passenger travel from different emerging economies.
FIGURE 1: AEROSPACE ACTUATORS MARKET SIZE 2019-2032 (USD MILLION)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Aerospace Actuators Market Trends
Increasing Demand For Commercial Aircraft
Global aerospace actuator market is highly affected by the rising requirements of the commercial aircraft due to steady growth in passengers and freight traffic. Currently, markets like South Asia, Southeast Asia, and Africa have shown significant growth in terms of passengers and they have projected high growth rates, which should bring the emerging markets’ growth rates back to historical norms in the forecast period. In this regard, it is expected that Eurasia will lead all markets in airplane delivery with North America and China as other fast-growing markets. Single aisle aircrafts are anticipated to remain the most popular, because of new deliveries of airplanes suitable for short and medium hauls. Also, the world’s widebodies will triple, and twin-aisles will make up over one-third of the Middle East fleet, demonstrating a need for larger planes capable of addressing long-haul routes. The Reference Case of the 2024–2043 Commercial Market Outlook shows that the commercial aviation market is quite stable. Backed by the data of passenger and air cargo traffic exceeding the 2019 figures in the second half of 2024, it can be stated that the industry is capable of recovery and development. In the long term, the both segments will remain above the economic growth rates owing to such factors as consumers’ desire for travelling in the world connected more closely, the further aviation development in emerging markets and the growth of supply chains and e-commerce supporting the air cargo demand. Many changes have been observed in the airline industry, and the global network of airline companies is already at pre-crisis indicators. They are providing efficient handling of fleets and increasing its output to operate profitably in a competitive world. This growing need for commercial aircraft coupled with the determination and flexibility of the airlines is therefore propelling the growth of the aerospace actuator market since these actuators are critical in the functionality and management of current aircrafts.
Aerospace Actuators Market Segment Insights
Aerospace Actuators Technology Insights
Based on Technology, the Aerospace Actuators Market has been segmented into Full-Electric, Hydraulic, Electric Hybrid, Mechanical, and Pneumatic. Hydraulic actuators is leading this segment. Hydraulic actuators use pressurized fluid to produce mechanical motion in aircraft. It consists of a hydraulic pump, a fluid reservoir, and actuators. When the aircraft's fluid is pressurized, it moves the actuator, which transforms the hydraulic energy into mechanical power. As hydraulic actuators have a high-power density it can generate significant force in aircraft. Due to which, hydraulic actuator is appropriate for a wide range of application for example in landing gear, flight control surfaces, and thrust reversers. While along with various advantages, it has some disadvantages associated with it, as they require regular maintenance to address fluid leaks and contamination.
Aerospace Actuators Aircraft Type Insights
Based on Aircraft Type, the Aerospace Actuators Market has been segmented into Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles. In 2023, Fixed Wing accounted for the largest market share. Fixed-wing aircraft are those with wings that do not move relative to the main body of the aircraft. These aircraft rely on forward motion to generate lift through their wings. Actuators in fixed-wing aircraft are crucial for controlling various flight surfaces such as ailerons, elevators, and rudders. These actuators can be hydraulic, electric, or mechanical, depending on the aircraft’s design and requirements. Hydraulic actuators are common in larger aircraft due to their ability to generate significant force, while electric actuators are increasingly used in modern aircraft for their efficiency and reduced maintenance needs. Mechanical actuators, often used in smaller or older aircraft, provide reliable control through direct mechanical linkages. The primary function of these actuators is to adjust the position of the control surfaces, allowing the pilot to maneuver the aircraft effectively. This includes changing the aircraft’s pitch, roll, and yaw, which are essential for stable and controlled flight.
Aerospace Actuators Actuation Insights
Based on Actuation, the Aerospace Actuators Market has been segmented into Linear and Rotary. Linear accounted for the largest share in Aerospace Actuators Market in 2023. Linear actuators convert rotational motion into linear motion, which enables straight-line motion. These actuators are one of the most common types of devices used in aircraft because of their versatility and accuracy. As linear actuator develops motion in a straight line. This automation technology allows for a great deal of reliability, speed, and efficiency. Linear actuators can come in electric, hydraulic, and pneumatic varieties, although electric adaptations are becoming increasingly common. The reason behind this shift is because electric linear actuators provide flexible mountings, energy efficiency, high levels of control, and great cost efficiency. However, pneumatic actuators provide a great deal of safety in hazardous environments.
FIGURE 2: AEROSPACE ACTUATORS MARKET, BY Actuation, 2023 VS 2032 (USD MILLION)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Aerospace Actuators System Insights
Based on System the Aerospace Actuators Market has been segmented into Flight Control System, Landing & Braking System, Thrust Reverser Actuation System , Power Generation System, Fuel Distribution System, Fuel Storage System, Payload Management System, and Cabin Actuation System. Flight Control System segment accounted for the largest share in Aerospace Actuators Market in 2023. The aircraft's flight control system controls the attitude and direction of the flight. It consists of major controls such as the aileron, elevator and rudder, operated by the pilot through the control yoke or stick and rudder pedals These controls adjust the roll, pitch and yaw of the aircraft. Secondary controls, such as flaps and slats, enhance lift and control during takeoff and landing of aircraft. Hydraulic, electric, or mechanical actuators move these control surfaces based on inputs given by pilot or automated flight control systems. Today’s aircraft often use fly-by-wire systems, where electronic signals replace mechanical linkages, which improves precision and reduces weight.
Aerospace Actuators Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East and Africa and South America. North America consists of the U.S, Canada, and Mexico. The North American Aerospace Actuators market is witnessing a surge in demand driven by various factors, The North America aircraft actuator market has experienced a few changes in the past years, with key industry players launching new products and increasing their market share. North America region’s aerospace industry, encompassing aircraft production & avionics technology, is bolstering aircraft actuator demand. It is expected that the growth of the market will be steady due to such factors as the demand for new avionics solutions, and the requirement for enhanced flight safety & performance. Most of the global players all over the world that have a large market share in the aircraft actuator market are established in North America. These companies have good experience, modern technologies and good cooperation with aircraft manufacturers. This industry in this area, especially in the United States, is characterized by innovations in technology.
Europe region consists of UK, Germany, France, Rest of Europe for the study. European airlines market is expected to go steadily rising in the coming years, driven by technological advancement and increasing demand for advanced aircraft. Europe has a well-established regulatory framework for avionics systems, including aircraft parts & systems. Authorities in this category provide rules and standards that aircraft manufacturers must comply with to ensure the safety of their systems Compliance provides opportunities for equipment manufacturers to manufactures the products to provide certified compliance solutions for the European market.
In the Asia Pacific region, The Asia-Pacific region is seeing significant growth in the aerospace industry. Many countries in these region are increasing their defense expenditure for modernizing their defense capabilities. Government of various countries are continuously supporting the development of their aerospace industries and also investing in aircraft components systems such as actuators as these are essential aspect of military aircraft for secure aircraft controlling.
FIGURE 3: AEROSPACE ACTUATORS MARKET SIZE BY REGION 2023 VS 2032
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Further, the major countries studied in the market report are the U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, and India.
Aerospace Actuators Key Market Players & Competitive Insights
The Aerospace Actuators Market is characterized by the presence of many global, regional, and local vendors. The regional market is highly competitive, with all the players continually competing to gain a larger market share. The vendors compete based on reliability, cost, product quality, and aftermarket services. Therefore, vendors must provide cost-effective and efficient products to survive and succeed in a competitive market environment.
The growth of the vendors is dependent on market conditions, government support, and industrial development. Thus, the vendors should focus on expanding their presence and improving their services. According to MRFR analysis, the growth of the Aerospace Actuators Market is dependent on market conditions.
The growth of the vendors is dependent on market conditions, and industrial development. Thus, the vendors should focus on expanding their presence and improving their services. According to MRFR analysis, the growth of the Aerospace Actuators Market is dependent on market conditions. The key vendors in the market are SAAB AB, Moog Inc., Liebherr, Honeywell International Inc, Nabtesco Corporation, Safran , Eaton Corporation, Woodward Inc, Raytheon Technologies Corporation, Astronics Corporation, ITT, Ametek, Curtis WrigHT, SAM GmbH, Arkwine Industries Inc. Major companies in the Aerospace Actuators market compete in terms of availability, quality, price, and technology. Regional and local players with small market shares have a significant presence.
Key Companies in the Aerospace Actuators Market include.
- SAAB AB
- Moog Inc.
- Liebherr
- HONEYWELL INTERNATIONAL INC
- NABTESCO CORPORATION
- SAFRAN
- EATON CORPORATION
- WOODWARD INC
- RAYTHEON TECHNOLOGIES CORPORATION
- Astronics Corporation
- ITT
- AMETEK
- CURTIS WRIGHT
- SAM GmbH
- Arkwine Industries Inc.
Aerospace Actuators Industry Developments
- In July 2024, Saab received an order for defense systems and equipment from a Western government. The order is worth about SEK 6.6 billion, and deliveries will happen in 2027-2028. This order includes products from Saab's Dynamics and Surveillance divisions.
- In June 2024, Saab signed a contract with the Swedish Defence Materiel Administration (FMV) to deliver a third GlobalEye airborne early warning and control aircraft to Sweden. The order is worth about SEK 2.6 billion, with deliveries scheduled from 2024 to 2029. This order is based on an option from Saab’s June 2022 contract with FMV, which included two GlobalEye aircraft and options for two more. In Sweden, the GlobalEye is called S 106.
Aerospace Actuators Market Segmentation
Aerospace Actuators Technology Outlook
- Full-Electric
- Hydraulic
- Electric Hybrid
- Mechanical
- Pneumatic
Aerospace Actuators Aircraft Type Outlook
Aerospace Actuators Actuation Outlook
Aerospace Actuators System Outlook
- Flight Control System
- Landing & Braking System
- Thrust Reverser Actuation System
- Power Generation System
- Fuel Distribution System
- Fuel Storage System
- Payload Management System
- Cabin Actuation System
Aerospace Actuators Installation Type Outlook
Aerospace Actuators Platform Outlook
- Commercial Aviation
- Military Aviation
- Business & General Aviation
Aerospace Actuators Regional Outlook
| Report Attribute/Metric |
Details |
| Market Size 2023 |
USD 9721.03 million |
| Market Size 2024 |
USD 10372.3 million |
| Market Size 2032 |
USD 18310.06 million |
| Compound Annual Growth Rate (CAGR) |
7.4 % (2024-2032) |
| Base Year |
2023 |
| Market Forecast Period |
2024-2032 |
| Historical Data |
2019- 2022 |
| Market Forecast Units |
Value (USD Million) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Technology, Aircraft Type, Actuation, Installation Type, System, Platform and Region |
| Geographies Covered |
Europe, North America, Asia-Pacific, Middle East & Africa, and South America |
| Countries Covered |
US, Canada, Mexico, Germany, U.K., Italy, France, Japan, China, India, South Korea, Saudi Arabia, UAE, South Africa Brazil, Argentina, and Others. |
| Key Companies Profiled |
·      SAAB AB ·      Moog Inc. ·      Liebherr ·      HONEYWELL INTERNATIONAL INC ·      NABTESCO CORPORATION ·      SAFRAN ·      EATON CORPORATION ·      WOODWARD INC ·      RAYTHEON TECHNOLOGIES CORPORATION ·      Astronics Corporation ·      ITT ·      AMETEK ·      CURTIS WRIGHT ·      SAM GmbH ·      Arkwine Industries Inc. |
| Key Market Opportunities |
·      Integration of advanced technologies, such as IoT and AI ·      Growing demand for regional and business jets |
| Key Market Dynamics |
·      Increasing use of electric actuation systems ·      Rising demand for aircraft with enhanced safety features |
Frequently Asked Questions (FAQ) :
The Aerospace Actuators Market size is expected to be valued at USD 12,433.78 Million in 2023.
The global market is projected to grow at a CAGR of 7.4% during the forecast period, 2024-2032.
Nort America had the largest share of the global market.
The key players in the market are SAAB AB, Moog Inc., Liebherr, Honeywell International Inc, Nabtesco Corporation, Safran , Eaton Corporation, Woodward Inc, Raytheon Technologies Corporation, Astronics Corporation, ITT, Ametek, Curtis WrigHT, SAM GmbH, Arkwine Industries and Others.
The Commercial Aviation dominated the market in 2023.
