Actuator Systems Market in Aviation worth $3,839.74 Millions by 2019

Tuesday 18 February 2014, Amsterdam

The new report, available on ASDReports, provides market analysis of the Actuator Systems Market in Aviation. The report covers the key market dynamics which is expected to shape the market during the study period. It also discusses about the industry, market, and technology trends that are currently prevailing in the global market.

The global Actuator systems market in Aviation is estimated to be $2,973.76 million in 2014 and is expected to register a CAGR of 4.4% to reach $3,839.74 million by 2019.

It tracks, analyzes provides market share by sub-category i.e. Commercial Aviation and Defense Aviation. It provides information about the leading competitors in the global Actuator Systems market in Aviation and apart from a general overview of the companies; it also provides details on their financial positions, key products and key developments. This research report categorizes the global market on the basis of product, geography, and by aircraft type; it does forecasting of revenues, market share, and analyzing trends in each of the sub sectors. It also analyses market share by Application i.e. Landing Gear, Flight Control, and Auxiliary (Thrust reversal, Spoiler Actuator, Trim Actuator, Door Actuator)

The primary market players are from the U.S., Russia, and Europe. There is a paradigm shift towards More Electric Aircraft (MEA) wherein the dependency towards electrically Powered equipment is increasing compared to the conventional hydraulic and mechanical systems.. The use of Electromechanical (EMA) and Electrohydraulic (EHA) actuators will increase for aerospace applications The Boeing 787 and Airbus 350 new models will be using EMA and EHA actuators. The current trend of the market is its transition towards faster and efficient systems. Smart actuators and intelligent structures receive a considerable interest in the fields of Air and Space, to realize new functions or more efficient functions than passive structures.