Aircraft Actuators Market size is estimated to register a CAGR of over 7% between 2023 and 2032

Actuators Market Size

Aircraft Actuators Market was over USD 8.5 billion in 2022 and is expected to have a CAGR of more than 7% from 2023 to 2032.

The international air travel market is likely to expand steadily over the next few years, fueled by rising disposable incomes, urbanization, and business travel. This expansion in air traffic will create a higher demand for new aircraft, which will subsequently fuel demand for aircraft actuators
Hello! You won’t believe what’s going on in the aviation sector today. Back in January 2023, this high-profile firm Parker Hannifin made a sweet deal to produce special devices known as actuators for China’s new passenger aircraft, the COMAC C919. The actuators are essentially the muscles of the airplane, operating components such as the landing gear, flaps, and slats. Here’s why it’s a big dealAirplanes are aging, and they require more TLC. That translates into demand for new actuators to displace old ones. But it does not end there. The airlines are moving to reduce the use of fuel and emissions. So, they are seeking lower-gas usage planes. And to make them lighter and economical on fuel consumption, they will require even higher-performance actuators. Fortunately, technology has run ahead in that direction. Firms have developed new forms of actuators, such as electric and hybrid ones. They are smaller, more dependable, and more efficient, which is precisely what planemakers need.

Aircraft Actuators Market Report Attributes
Report Attribute Details
Base Year 2022
Aircraft Actuators Market Size in 2022 USD 8.5 Billion
Forecast Period 2023 to 2032
Forecast Period 2023 to 2032 CAGR 7%
2032 Value Projection USD 18 Billion
Historical Data for 2018 – 2022
No. of Pages 250
Tables, Charts & Figures 395
Segments included
Actuators type, aircraft type, application, end use, installation type, and region
Growth Drivers
Growing aircraft production
Technological advancements in aviation
Growing emphasis on fuel efficiency
Growing demand for Unmanned Aircraft Systems Aerial Vehicles (UAVs)
Increased emphasis on sustainability and environmental concerns
Pitfalls & Challenges
High development & maintenance expenses
Strict regulatory requirements
The development, manufacture, and support of advanced aircraft actuators require high capital investments. The capital outlay at the start, as well as the continuing cost, may prove to be a major impediment, especially to small aircraft producers and operators. Furthermore, the aviation sector has stringent regulatory norms & approvals. Adherence to these regulations complicates and increases the time it takes to integrate and develop new technologies, thereby possibly slowing down the deployment of advanced actuators.
Aircraft Actuators Market Trends
One of the emerging trends in the aircraft market is the integration of health monitoring systems for proactive maintenance. There is the incorporation of advanced sensors & data analytics in actuators to track their performance, identify possible problems, and schedule maintenance ahead of time, thus saving downtime and increasing overall reliability. This trend informs the market’s landscape, directing its growth pattern and market dynamics.

Aircraft Actuators Market Analysis
Find out more about the main segments influencing this market

In the powering of actuators for aircraft motion parts, however, three dominant types exist: hydraulic, electromechanical (EMA), and pneumatic. Hydraulic actuators have long been a reliable partner to aircraft makers. They are recognized as stable and giving constant performance even during adverse conditions. That is why they have had a stronghold in the market, with a more than 45% share in 2022. They’re projected to reach more than USD 8 million in revenue by 2032. Hydraulic actuators have some serious muscle power with the amount of force that they can deliver even when housed in a compact package. That is especially important for aircraft actuators because they must move significant loads effectively and accurately. From flight control systems, landing gear systems, to door actuation systems, hydraulic actuators can meet the challenge, thereby becoming a flexible and versatile solution for aircraft makers.

Suppose the sky is filled with planes hovering around. Planes are of two general typesthose with fixed wings like birds and those with spinning wings like helicopters. Of airplanes in the skies, the fixed-wing type is the showstopper. Way back in 2022, they controlled more than 40% of the market worldwide, and that will just increase in the coming decade. These fixed-wing aircraft are like the workhorses of the air, moving people and freight all over the world. In the background, these planes have thousands of small assistants named actuators. These are like the muscles of the airplane, determining how it flies, how it lands, and all the rest. They’re what allow airplanes to perform all those incredible stunts and fly so smoothly. Not only passenger aircraft utilize actuators! Military fixed-wing aircraft, such as fighter planes and bombers, also utilize actuators to assist them with everything from firing weapons to landing safely. These actuators have improved over time. They’re lighter, more efficient, and more reliable than ever. Because of these advancements, fixed-wing aircraft can travel faster, farther, and more economically. And as more and more people and companies use planes, demand for these incredible actuators will continue to rise.

Aircraft Actuators Market Share

Honeywell Aerospace is a prominent player in the aerospace industry, offering a wide range of products & solutions including aircraft actuators. Honeywell’s actuators provide control and movement for various aircraft systems, contributing to the overall safety, efficiency, and performance of both commercial & military aircraft. Honeywell provides a diverse range of actuators designed for different applications in aircraft systems. This includes actuators for primary flight control surfaces (such as ailerons, elevators, and rudders), landing gear systems, thrust reversers, and other secondary flight control surfaces. The other major players operating in the aircraft actuators industry include

• Rockwell Collins (now part of Raytheon Technologies)
• Honeywell Aerospace
• Moog Inc.
• UTC Aerospace Systems (now part of Raytheon Technologies)
• Parker Hannifin Corporation
• Safran Group
• Woodward, Inc.