Military Actuators Market
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The military actuators market is expected to grow at a CAGR 4.87% rate during the forecast period. Increasing demand for electrical actuators from the aerospace & defence industry is a major factor driving the growth of the market. The use of these actuators reduces the energy consumption of flight control systems, resulting in their increased demand in the aviation sector. Electrical actuators are replacing hydraulic actuators due to their light weight, improved performance, enhanced security, and low maintenance cost.
The hydraulic actuators segment is expected to be the largest contributor in the market during the forecast period. Hydraulic actuators are powered by pressurized liquids such as hydraulic fluids. These actuators are rugged and suitable for use in gun positioning and armored plate positioning applications. Hydraulic actuators are used in wheeled vehicles.
The cylinders segment is projected to lead the market during the forecast period. Cylinders are among important components used in military actuators. There are various types of cylinders used in military actuators that include DOT high-pressure cylinders, acetylene cylinders, and International for Standardization Organization (ISO) high-pressure cylinders. DOT high-pressure cylinders are widely used in military vehicles for transporting, storing, and dispensing gases.
The growth of the market in the North American region can be attributed to the presence of several major combat aircraft manufacturers such as Lockheed Martin and Northrop Grumman, and actuation system providers such as UTC and Honeywell in the region. North America is expected to lead the market for military actuators during the forecast period.
Key Market Players include Curtiss-Wright (US), Moog (US), Parker Hannifin (US), Honeywell (US), Triumph Group (US), Meggitt (UK), Venture Mfg. Co (US), Kyntronics (US), and Nook Industries (US).
Key Questions Addressed by the Report
- What will be the revenue pockets for the market in the next five years?
- Who are the leading manufacturers of military actuators in the global market?
- What are the growth prospects of the market?
- What are the major drivers impacting the market?
- What are the latest technological trends in this market?
2. Research Methodology
Limitation and Assumptions
3. Executive Overview
4. Market Overview
5. Military Actuators Market, By Application
6. Military Actuators Market, By Type
Multi-Axis Positioning Actuators
7. Military Actuators Market, By System
8. Military Actuators Market, By Component
9. Military Actuators Market, By Region
Rest of Europe
Rest of APAC
Rest of Middle East
Rest of the World
10. Company Profiles
Whippany Actuation Systems
Venture Mfg. Co.
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