Global and United States Aircraft Actuator Market Report & Forecast 2022-2028

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.
Market Analysis and Insights: Global and United States Aircraft Actuator Market
This report focuses on global and United States Aircraft Actuator market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Aircraft Actuator market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Narrow Body accounting for % of the Aircraft Actuator global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Flight Control System was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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.
Global Aircraft Actuator Scope and Market Size
Aircraft Actuator market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Aircraft Actuator market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Aircraft Actuator market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Narrow Body
Wide Body
Others
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
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Honeywell Aerospace
Rockwell Collins
Safran
Utc Aerospace Systems
Woodward
Infineon Technologies
Microchip Technology
Vishay Intertechnology
Airbus
Boeing
Continental
Delphi
DENSO
HELLA