Global Military Aircraft Actuation Systems Market 2016-2020

Global military aircraft actuation systems market outlook

According to Technavio's global military aircraft actuation systems market analysis, the industry is envisaged to witness steady growth and will post a CAGR of close to 3% over the forecast period. The rising demand for actuators is one of the primary factors driving the military aircraft actuation systems market growth, globally. Stringent government regulations and increasing complexities in military aircraft specifications has led to the continuous development of actuation systems, which are used for efficient aircraft operation. For example, the engine nozzle actuation system in the F-15 Eagle offers optimum thrust control. Therefore, the military aircraft actuation systems market forecasts that the increasing adoption of actuators in military aircraft is anticipated to spur the growth prospects of this market in the coming years.

In this industry research report, the analysts have estimated factors such as the development of autopilot landing system to propel this market’s growth prospects in the near future. Autopilot landing systems enable secure landing of aircraft, during turbulent weather conditions and blurry vision. The autopilot landing system is also used in airports facing rough climatic conditions. With the increasing application of computers in landing systems, different parameters such as altitude, airspeed, heading, and distance can be monitored and measured seamlessly by the autopilot to ensure safe landing of the aircraft. The increasing usage of autopilot landing system to ensure safe aircraft landing and reduce human errors will contribute to the growth of this market until the end of 2020.

Segmentation by system and analysis of the military aircraft actuation systems market

• Hydraulic
• Electric
• Pneumatic

During 2015, the hydraulic actuators segment dominated the market and accounted for more than 39% of the market share in terms of revenue. Hydraulic actuation systems have different functions in narrow-body military aircraft and wide-body military aircraft. An actuator system can deliver high power without consuming too much space or weight, and has helped pilots in undertaking mechanical tasks by utilizing less amount of energy. Since these systems do not consume electricity, the chances of shocks or fire hazards are limited. Due to their reliability and power density, hydraulic actuation systems are envisaged to have an augmented demand over the next four years.

Geographical segmentation and analysis of the military aircraft actuation systems market

• Americas
• APAC
• EMEA

In terms of geography, the Americas dominated the market and is expected to reach close to USD 679 million by 2020. Factors such as high military spending and increasing number of military aircraft are likely to drive this market’s growth in the Americas.

Competitive landscape and key vendors

The global military aircraft actuation systems market is highly competitive and the suppliers compete on the basis of product quality, reliability, cost, and aftermarket service to gain traction in the market. To sustain and thrive in the market, it is imperative for vendors to provide profitable and high-quality actuation systems with latest technology and materials. The emergence of advanced actuation systems and the subsequent increase in the number of mergers and acquisitions will contribute to the growth of this market during the forecast period.

The leading vendors in the market are -

• Honeywell
• Moog
• Parker Aerospace
• Rockwell Collins
• United Technologies (UTC)

Other prominent vendors identified in the market are Curtiss-Wright, Eaton, GE Aviation, Saab, and Woodward.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global military aircraft actuation systems market?
• What are the key market trends impacting the growth of the global military aircraft actuation systems market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the global military aircraft actuation systems market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global military aircraft actuation systems market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Global Aviation Actuation Systems Market 2016-2020
• Global Pneumatic Actuators Market 2016-2020
• Global Hydraulic Actuators Market 2016-2020
• Global Commercial Aircraft Seat Actuation Market 2016-2020