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There are a variety of factors that shape the Military Aircraft Actuation Systems Market, which is an essential sub-segment in the defense industry. One of these determinants is a global geopolitical landscape that largely drives demand for military aircraft, and as such, actuation systems are needed to support them. Factors such as technological improvements also affect the rate of growth within this sector as well. The advancement of aerospace engineering technology intensifies demand for more sophisticated and efficient actuation systems. Innovations like fly-by-wire technology are becoming more common, replacing traditional mechanical linkages with electronic ones.
Furthermore, economic aspects have a major influence on this market segment, that is, market size. Defense budget availability affects purchasing decisions since it is through these accounts that procurement transactions take place. When economies do well, governments may invest a lot of money into defense; hence, there will be larger military aircraft and corresponding investments in their subsystems. Another determinant of the Military Aircraft Actuation Systems Market is competition within the defense industry. Multiple suppliers and manufacturers increase competitors, thus leading to innovation and cost-saving efforts. Contractors and suppliers compete for contracts by developing superior actuation systems for enhanced performance levels respectively to boost a company's reputation over its rivals in the industry. Also, they always aspire to state-of-the-art actuators, such as devices. Additionally, strategic alliances between defense companies increase dynamism within markets, whereby joint ventures often lead to the creation of advanced and versatile actuation solutions.
Regulatory factors also shape dynamics in military aircraft actuation systems marketplaces. Military airplanes must meet stringent regulations set by government bodies on how these products should be designed, produced, or integrated into military planes around the globe. For instance, compliance with safety and performance rules is critical; thus, suppliers have no option but to comply with complex regulatory frameworks so that their items can meet the minimum requirements set forth by lawmakers. In addition, sustainability consciousness at the international scale has resulted in significant effects on the Military Aircraft Actuation Systems Market. Governments and militaries are under pressure to reduce their environmental footprints and develop eco-friendly and energy-saving technologies. Thus, the current trend in leading countries is a move towards fuel-efficient actuation systems that are more sustainable, aligning with other initiatives on greener defense worldwide.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Growth Rate | 8.20% (2022-2032) |
Military Aircraft Actuation Systems Market Highlights:
Military Aircraft Actuation Systems Market Overview
Military Aircraft Actuation Systems Market size was valued at 6.53 Billion in 2022. The Military Aircraft Actuation Systems industry is projected to grow 13.26 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.20% during the forecast period (2022 - 2032).
A military aircraft actuation system aids in extension and retraction of landing gears, monitoring, and controlling velocity and controlling engine speed by adjusting levers and flaps. Different sources of energy such as electricity, hydraulic fluid pressure, or pneumatic pressure, which convert energy into motion, are used to operate the actuation systems. Moreover, rising investment in research and development will boost the market growth. The growing demand for automation and increasing number of combat aircraft are estimated to gain higher popularity during the forecast period.
Factors such as focus on upgrading in aging military aircraft and increased use of combat aircraft in military missions are positively impacting the military aircraft actuation systems market growth. In addition, the rise in defense expenditure, especially in developing countries and subsequent demand for new combat and trainer aircraft further boosts the market growth. However, the leakage issues associated with hydraulic actuators hinders market growth to a certain extent. Meanwhile, rising terrorist attacks and focus on counter operations create promising growth opportunities for the military aircraft actuation systems market.
Military Aircraft Actuation Systems Market Segmentation
The market is segmented by type, application, aircraft and region.
Based on type
The military aircraft actuation systems market is divided into hydraulic and electric & others. During the forecast period, the electric segment is expected to witness the highest CAGR as it features various beneficial characteristics such as energy savings, low investment costs, high power density and power capacity, fail-safe functionality, and easy integration into existing infrastructure. Based on aircraft, the military aircraft actuation systems market is divided into combat aircraft and non-combat aircraft. In 2017, the combat aircraft segment accounted for the largest market share owing to the increase in production and procurement of fighter aircraft worldwide in order to enhance the military strength. Based on application, the military aircraft actuation systems market is divided into flight control system, landing gear system, other systems. In 2017, the flight control system segment accounted for the largest market share as it requires many actuators compared to other applications.
Military Aircraft Actuation Systems Market, Regional Overview
North America is the leading region for the global military aircraft actuation systems market. Several major combat aircraft manufacturers (such as Lockheed Martin, Northrop Grumman) and actuation system providers (such as UTC, Honeywell) are present in the region, gaining the region a high market share. Moreover, US military is likely to receive USD 674 billion in support in 2019 for new destroyers, fighter jets, Black Hawk helicopters, among others, which indirectly influences the military aircraft actuation systems in this region.
Recent Key Company News in the Military Aircraft Actuation Systems Market:
Honeywell:
January 2024: Announced a collaboration with Safran Helicopter Engines to develop and produce a new electric actuation system for future helicopter applications. This system is expected to improve fuel efficiency and reduce weight.December 2023: Secured a contract from Boeing to supply actuation systems for the MQ-25 Stingray unmanned aerial refueling aircraft.
Moog In:
November 2023: Received a contract from Lockheed Martin to supply electrohydraulic actuation systems for the F-35 Lightning II fighter jet.October 2023: Announced the development of a new family of high-performance electromechanical actuators for military aircraft applications.
Parker Hannifin:
September 2023: Launched a new series of hydraulic power units specifically designed for military aircraft applications.August 2023: Expanded its production capacity for electromechanical actuators at its facility in Toulouse, France.
Collins Aerospace:
July 2023: Successfully completed the first flight test of its next-generation electric thrust vectoring system for fighter aircraft.June 2023: Received a contract from the U.S. Air Force to develop and produce actuation systems for the B-21 Raider bomber.
Military Aircraft Actuation Systems Market of Key Players
Moog Inc. (US), Honeywell International Inc. (US), Parker Hannifin Corporation (US), United Technologies Corporation (US), Curtiss-Wright Corporation (US), Eaton Corporation (Ireland), General Electric Company (US), Liebherr Group (Switzerland), Saab AB (Sweden), Woodward, Inc (US). and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global military aircraft actuation systems market.
Intended Audience
Aircraft Actuation System Providers
Military Aircraft OEMs
Defense Organizations
Component Manufacturers
Research Institutions
Regulatory Bodies
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