Global Aircraft Actuator Market

Aircraft Actuator Market Size, Share, Growth Analysis, By Installation (Original Equipment Manufacturer (OEM), Retrofit), By System (Flight Control System, Landing & Braking System), By Technology, By Type, By Platform, By Aircraft Type, By Region - Industry Forecast 2025-2032


Report ID: SQSG20R2002 | Region: Global | Published Date: January, 2025
Pages: 260 | Tables: 131 | Figures: 77

Aircraft Actuator Market Competitive Landscape

The Global Aircraft Actuator market is relatively fragmented, with a high level of competition. Companies are working on new product launches and other initiatives to provide better equipment to their customers and expand their companies globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses in order to increase market share and profitability.

Top Players in Aircraft Actuator Market

  • Raytheon Technologies Corporation (USA)
  • Honeywell International Inc. (USA) 
  • Safran S.A. (France) 
  • Eaton Corporation plc (Ireland) 
  • Moog Inc. (USA) 
  • Parker Hannifin Corporation (USA) 
  • Liebherr-International Deutschland GmbH (Germany) 
  • Triumph Group, Inc. (USA) 
  • Woodward, Inc. (USA) 
  • Electromech Technologies (USA) 
  • Nook Industries, Inc. (USA) 
  • Beaver Aerospace & Defense, Inc. (USA) 
  • Curtiss-Wright Corporation (USA) 
  • Tamagawa Seiki Co., Ltd. (Japan) 
  • AAR Corp. (USA) 
  • ITT Inc. (USA) 
  • Umbra Group (Italy)

Aircraft Actuator Market

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The aircraft actuator market is relatively fragmented, with a high level of competition. Companies are working on new product launches and other initiatives to provide better equipment to their customers and expand their companies globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses in order to increase market share and profitability.

Electrical actuation systems have replaced traditional hydraulic actuators in a variety of aviation applications as a result of the idea of more electric aircraft (MEA). Airlines are attempting to draw more customers as demand for air travel continues to rise by enhancing passenger comfort.

Global Aircraft Actuator Market size was valued at USD 16.2 billion in 2023 and is poised to grow from USD 17.43 billion in 2024 to USD 31.32 billion by 2032, growing at a CAGR of 7.6% during the forecast period (2025-2032).

The Global Aircraft Actuator market is relatively fragmented, with a high level of competition. Companies are working on new product launches and other initiatives to provide better equipment to their customers and expand their companies globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses in order to increase market share and profitability. 'Raytheon Technologies Corporation (USA)', 'Honeywell International Inc. (USA) ', 'Safran S.A. (France) ', 'Eaton Corporation plc (Ireland) ', 'Moog Inc. (USA) ', 'Parker Hannifin Corporation (USA) ', 'Liebherr-International Deutschland GmbH (Germany) ', 'Triumph Group, Inc. (USA) ', 'Woodward, Inc. (USA) ', 'Electromech Technologies (USA) ', 'Nook Industries, Inc. (USA) ', 'Beaver Aerospace & Defense, Inc. (USA) ', 'Curtiss-Wright Corporation (USA) ', 'Tamagawa Seiki Co., Ltd. (Japan) ', 'AAR Corp. (USA) ', 'ITT Inc. (USA) ', 'Umbra Group (Italy)'

The need for commercial aircraft has grown as a result of expanding air travel demand and aircraft deliveries. It is anticipated that the market would develop as a result of the rise in aircraft deliveries in Asia-growing Pacific nations, including China and India. The International Aviation Transport Association (IATA) estimates that by 2037, air traffic would have doubled, necessitating the purchase of more than 37,000 additional passengers and freight aircraft.

Electrical actuation systems have replaced traditional hydraulic actuators in a variety of aviation applications as a result of the idea of more electric aircraft (MEA). The dynamics of an actuator used in an electric aircraft are frequently incorporated. The most popular actuator systems that satisfy the needs relating to weight, dependability, space, and climatic conditions are electromechanical and piezoelectric actuators.

Aviation actuator sales are predicted to be dominated by North America, followed by Europe and Asia-Pacific. Due to the increased adoption of updated safety measures by the major American airlines, including United Airlines, Inc., Delta Airlines, Inc., and American Airlines, Inc., the market in North America is anticipated to expand during the projected period. Manufacturers of airplane actuators in developed nations like the U.S. are investing in the R&D for more electric aircraft, and lightweight actuator technologies are anticipated to drive the market's expansion. During the projection period, Europe is anticipated to have significant market development due to the rising need for actuator technology upgrades for enhanced reliability and efficiency of the aircraft.

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Global Aircraft Actuator Market

Report ID: SQSG20R2002

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