The Military Aircraft Actuation Systems Market is projected to grow from $1.1 billion in 2019 to $1.4 billion in 2024 at a CAGR of 5% during the forecast period. The growing demand for electric actuators in the aerospace and defense industry is a major factor driving the growth of the military actuator market. The use of these actuators reduces the energy consumption of flight control systems, which increases demand in the aviation sector. Electric actuators are replacing hydraulic actuators due to their light weight, improved performance, improved security and lower maintenance costs.
A full report of Military Aircraft Actuation Systems Market available at: https://www.orionmarketreports.com/military-aircraft-actuation-systems-market/371/
Military Aircraft Actuation Systems Market – Segmentation
By end-uses/uses
• Aerospace Corporation
• National Defense Organization
• Government Authority
• Defense Company
• Research Institutions
• Regulators
By the application
• Aerospace Corporation
• National Defense Organization
• Government Authority
• Defense Company
• Research Institutions
• Regulators
Major 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).
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