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The global Aerospace Actuator Systems Market is estimated to be $2,973.76 Million and is expected to be $3,839.74 Million by 2019. The primary market players are from the U.S., Russia, and Europe.
(PRWEB) July 09, 2014
The report provides market analysis of the "Actuator Systems Market in Aviation - Market Analysis (Commercial Aviation And Defense Aviation Landing Gear, Flight Control, Electromechanical, Electrohydraulic, Pneumatic, Hydraulic, Mechanical) - Forecasts 2014 - 2019". The report covers the key market dynamics which are expected to shape the market during the study period. It also discusses the industry, market, and technology trends that are currently prevailing in the global market.
Browse 52 market data tables and 36 figures spread through 130 pages and in-depth TOC on "Actuator Systems Market in Aviation - Forecasts 2014 - 2019".
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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.
Actuator being an indispensable part of aircraft, the narrow body actuation systems market is going to increase as narrow body aircraft has more capacity as compared to single aisle aircraft and is preferred more on the heavy congestion routes.
For defense, the duty cycles are less and programs should be more robust, electromechanical and electrohydraulic actuator usage will be more.
The delivery of aircrafts from Russia and North America is expected to significantly increase by 2019; these regions have high growth potential for actuation systems.
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.
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