Aircraft Electric Actuator Market Revenue was valued at USD 2.8 Billion in 2024 and is estimated to reach USD 5.6 Billion by 2033, growing at a CAGR of 8.5% from 2026 to 2033.
In 2022, the global aircraft electric actuator market was valued at approximately USD 5.25 billion and is projected to reach around USD 8.10 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.37% from 2024 to 2030. North America held a significant share of the market, accounting for over 34% in 2022, driven by the presence of major aircraft manufacturers and a robust aviation industry. The United States, in particular, is expected to reach a market value of USD 7.7 billion by 2032, with a projected CAGR of 4.0% from 2022 to 2032. The Asia Pacific region is anticipated to experience the highest growth rate, with countries like China and India investing heavily in their aviation sectors. Chinas market is projected to reach USD 2.1 billion by 2032, growing at a CAGR of 6.1% between 2022 and 2032. This growth is fueled by the expansion of commercial aviation and increasing aircraft production. Europe also maintains a significant share, supported by major aircraft manufacturers and a focus on technological innovation. The regions emphasis on sustainability and reducing the environmental impact of aviation further drives the adoption of advanced electric actuators.
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ITT
Thomson Industries
EATON SAS
MOOG INC
Alcen
Saab International Deutschland GmbH
CEF Industries
Liebherr
Aerospace Controls Corporation
Electromech Technologies
Northwest UAV
Circor Aerospace & Defense
Thermotion
Woodward
Lakshmi Technology and Engineering Industries
Superior Motion Control
Aerotech
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Aircraft Electric Actuator Market
Linear Electric Actuators
Rotary Electric Actuators
Multi-turn Electric Actuators
Stepper Electric Actuators
Flight Control Systems
Landing Gear Systems
Throttle Control Systems
Flap Systems
Aircraft Doors and Hatches
Commercial Aircraft
Military Aircraft
Business Jets
Helicopters
Unmanned Aerial Vehicles (UAVs)
Electromechanical Actuators
Electrohydraulic Actuators
Piezoelectric Actuators
Direct Drive Actuators
Aerospace Manufacturers
Maintenance, Repair, and Overhaul (MRO) Service Providers
Original Equipment Manufacturers (OEMs)
Government and Defense Agencies
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Aircraft Electric Actuator Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Aircraft Electric Actuator Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Aircraft Electric Actuator Market, By Type
6. Global Aircraft Electric Actuator Market, By Application
7. Global Aircraft Electric Actuator Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Aircraft Electric Actuator Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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