USD 14.5 billion
Report ID: SQMIG20A2050 | Region: Global | Published Date: February, 2024 | Pages: 270 | Tables: 118 | Figures: 77
Military Actuators Market size was valued at USD 14.5 billion in 2021 and is poised to grow from USD 15.4 billion in 2022 to USD 23.62 billion by 2030, growing at a CAGR of 6.3% in the forecast period (2023-2030).
An actuator is a device that transforms energy and signals entering the system with rotary or linear motion. An actuator is a device that transforms energy and signals entering the system to produce motion. It can generate either rotary or linear motion. These actuators are reliable and suitable for applications involving the positioning of armoured plates and guns. In wheeled vehicles, hydraulic actuators are utilised. When compared to pneumatic actuators of the same size, they are capable of producing a force that is 25 times greater than normal.
Defence and military applications call for high force in a small region with exact control over force, position, and speed. Actuators are expected to drive market growth because they satisfy all the requirements of these military and defense applications. Over the course of forecast period, the demand for military actuators is expected to be driven by a number of factors, including the rise in terrorist activities around the world, security concerns, political unrest, and the adoption of contemporary military programs. Manufacturers are encouraged by technological advancement to choose high-performance goods for use in a variety of military applications.
In order to bring cutting-edge manufacturing techniques like 3D printing to the defence industry, businesses and the armed forces are working together. Companies hope to manufacture the actuators as a single structure using 3D printing technology, which will lighten their overall weight. In the upcoming years, it is anticipated that the introduction of such technologies will help accelerate market expansion. In order to increase their sales in the upcoming years, actuator manufacturing companies are shifting their focus to the Asia-Pacific, Middle-East, and Africa regions due to the growing emphasis on the development of local defence manufacturing facilities in these areas.
The global actuators market is expanding primarily due to rising electrical actuator demand and military automation advancements. Automated technology is being rapidly adopted by military operations all over the world in their systems and equipment. The design and development of cutting-edge automated military systems has received significant funding from all three branches of the military, including land, sea, and airborne, improving the functionality of their military hardware and systems. With the barriers to adoption and potential uses of automated military equipment in mind, major established manufacturers in the global market for military actuators are constantly working on cooperative projects to develop advanced military-grade actuators.
US Military Actuators Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 14.5 billion
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Global Military Actuators market is segmented on the basis of type, application, system, components, and region. The Military Actuators Market is segmented on the basis of type such as linear, rotary. On the basis of application, the market is segmented into air, land, naval. On the basis of systems, the Military Actuators Market is segmented into electrical, hydraulic, pneumatic, mechanical. On the basis of components, the market is segmented into cylinders, drives, servo valves, manifolds. Based on region the market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Military Actuators Market Analysis by System
During the projected period, the military actuators market is anticipated to receive the largest contribution from the hydraulic actuators segment. Pressurized liquids, such as hydraulic fluids, power hydraulic actuators. These actuators are reliable and suitable for applications involving the positioning of armoured plates and guns. In wheeled vehicles, hydraulic actuators are utilised. When compared to pneumatic actuators of the same size, they are capable of producing a force that is 25 times greater.
The market is driven by the adoption of hydraulic actuators and other automation to improve military combat capabilities and the development of technologically advanced actuators with improved permanent magnet materials for efficiency. However, the market's expansion is hampered due to the strict enforcement of numerous regulatory standards as well as problems with power consumption, noise, and leakage. On the other hand, the development of miniature military actuators and the widespread use of cutting-edge actuators are opening up numerous opportunities for the market. In the many different military applications, actuators in military vehicles are essential.
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Due to the growing need for advanced protection solutions in the defence and military industries, North America held the largest share (33.7%) and has dominated the global military actuators market. Being the top military spender in the world, the United States has access to the most cutting-edge and substantial amount of defence equipment, significantly boosting the market's expansion in North America.
Technology advances, sizable R&D facilities, well-known warfare strategies, and increasing government investment in the military and defence sector have prompted various nations to upgrade their armed forces with high-protection systems and cutting-edge ammunition products, which has boosted market growth.
To improve land, air, and sea capabilities, countries are making significant investments in military modernization programmes and acquisition of armoured vehicles, aircraft, and naval vessels. For instance, China has rapidly increased its capabilities over the past few decades and is continuing to modernise its military despite territorial and maritime disputes. The Type 075 (Yushen-class) amphibious helicopter carrier Hainan and the Type 055 (Renhai-class) guided-missile cruiser Dalian were both unveiled by the People's Liberation Army Navy in 2021. The nations in the region increase their capacity for domestic defence production and lessen their reliance on outside suppliers. To meet the needs of the Royal Thai Marine Corps, the 88 Amphibious Armoured Personnel Carrier (AAPC) is being developed by Thailand's state-owned Defense Technology Institute (DTI) (RTMC).
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Military Actuators Market Driver
Growing demand for military aircraft to boost the market growth
Military Actuators Market Restraint
Maintenance costs to limit the market growth
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The global military actuators market is characterised by intense competition on account of the presence of prominent military actuators manufacturers serving major geographies across the globe. Armor producers increase their sales by investing, developing top-notch R&D infrastructure, and expanding their market reach. To maintain their position in the market and gain a competitive edge, the market players are heavily investing in their R&D facilities and launching cutting-edge products.
Military Actuators Market Top Players Company Profiles
Curtiss-Wright - (US)
Moog - (US)
Parker Hannifin - (US)
Triumph Group - (US)
Meggitt - (UK)
Venture Mfg. Co - (US)
Kyntronics - (US)
Nook Industries - (US)
Elektro-Metall Export GmbH - (Germany)
Honeywell International Inc - (US)
Curtiss-Wright Corporation - (US)
Triumph Group - (US)
Moog, Inc - (US)
Kyntronics - (US)
NOOK Industries, INC - (US)
Safran - (France)
Arkwin Industries, Inc - (US)
Hunt Valve Company - (US)
AMETEK, Inc - (US)
Ultra Motion - (US)
Military Actuators Market Recent Developments
In June 2021, Kytronics announced that the company joined the Rockwell Automation Technology Partner program, under which the company's SMART Electro-Hydraulic Actuators will be integrated into the program with Rockwell Automation servo motors, drives, and controls.
In May 2021, Marotta Controls announced that the company's Custom Fin Control Actuation System (CAS) design project for Lockheed Martin received full component level qualification exceeding 20 military standards. It is an electromechanical actuation system used for various applications such as UAVs and UUVs.
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According to our analysis, we found that the technology advances, sizable R&D facilities, well-known warfare strategies, and increasing government investment in the military and defence sector have prompted various nations to upgrade their armed forces with high-protection systems and cutting-edge ammunition products, which has boosted market growth.
|Market size value in 2021
|USD 14.5 billion
|Market size value in 2030
|USD 23.62 billion
|Forecast Unit (Value)
|North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
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For the Global Military Actuators Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Military Actuators Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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