Military Actuators Market Size is Estimated to Value $1.7 Billion By 2027 | Grand View Research, Inc.

December 13 08:06 2021
Military Actuators Market Size is Estimated to Value $1.7 Billion By 2027 | Grand View Research, Inc.
Grand View Research, Inc. – Market Research And Consulting.
According to a new report published by Grand View Research, increasing demand for electric and electromagnetic actuators from the aerospace and defense industry, and the rise in homeland security concerns are some of the major factors driving the market.

The global military actuators market size is expected to reach USD 1.7 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% from 2020 to 2027. The development of advanced weapons, increasing demand for electric and electromagnetic actuators from the aerospace and defense industry, and the rise in homeland security concerns are some of the major factors driving the market.

Military actuators play a crucial role in the military and defense sector. They are used in motion control to monitor velocity and speed. The use of actuators in the military and defense industries helps to reduce energy consumption. The actuators are installed to enhance the fighting capabilities, which is expected to favor the market growth over the period of time.

Increasing demand for commercial and military aircraft propels the demand for military actuators. The rise in demand for protection applications in marine and aircraft is contributing to market growth. In addition, technological advancement and innovation in ballistic protection are favoring market growth.

The market can be segmented based on components, system, type, and application. The components include cylinders, servo valves, drives, manifolds, and others. Servo valves hold a significant share in the market owing to their use in various applications. Cylinders are projected to witness significant growth over the forecast period.

 

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/military-actuators-market

 

Military Actuators Market Report Highlights

  • The cylinders’ component segment is projected to expand at a significant CAGR of 5.5% from 2020 to 2027. Servo valves are used in various military applications, and thus are projected to gain a significant share in the market in the years to come
  • The hydraulic actuators system segment held the largest share of 24.5% in 2019. However, electrical actuators are projected to replace the hydraulic actuators over the forecast period
  • The linear actuators type segment is expected to expand at a CAGR of 5.6% from 2020 to 2027 on account of its high demand in the armored vehicles in land forces
  • North America dominated the market with a share of 33.7% in 2019 on account of rising investments in military and defense, rapid technological development, and increasing homeland security concerns
  • The major manufacturers emphasize on innovation through extensive R&D for the production of advanced actuators for use in armored vehicles and military equipment.

 

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Military Actuators Market Segmentation

Grand View Research has segmented the global military actuators market on the basis of component, system, type, application, and region:

 

Military Actuators Component Outlook (Revenue, USD Million, 2016 – 2027)

  • Cylinders
  • Drives
  • Servo Valves
  • Manifolds
  • Others

 

Military Actuators System Outlook (Revenue, USD Million, 2016 – 2027)

  • Hydraulic
  • Electrical
  • Pneumatic
  • Electromechanical
  • Electrohydraulic
  • Others

 

Military Actuators Type Outlook (Revenue, USD Million, 2016 – 2027)

  • Linear
  • Rotary
  • Multi-axis Positioning
  • Semi-rotary

 

Military Actuators Application Outlook (Revenue, USD Million, 2016 – 2027)

  • Air
  • Land
  • Naval

 

Military Actuators Air Application by Platform Outlook (Revenue, USD Million, 2016 – 2027)

  • Fighter Aircraft
  • Helicopters

 

Military Actuators Air Application by Actuators Outlook (Revenue, USD Million, 2016 – 2027)

  • Flight Controls
  • Engine Controls
  • Active Vibration Controls
  • Weapon Bay Door Drives
  • Utility Actuation

 

Military Actuators Land Application by Platform Outlook (Revenue, USD Million, 2016 – 2027)

  • Tanks
  • Armored Vehicles
  • Land-based Missiles
  • Others

 

Military Actuators Land Application by Actuators Outlook (Revenue, USD Million, 2016 – 2027)

  • Military Ground Vehicles
  • Electromechanical Gun Elevation
  • Elevation
  • Gun and Turret Drive
  • Traverse
  • Electromechanical Gun/Turret Drive

 

Military Actuators Naval Application by Platform Outlook (Revenue, USD Million, 2016 – 2027)

  • Frigates
  • Destroyers
  • Corvettes
  • Offshore Patrol Vehicles

 

Military Actuators Naval Application by Actuators Outlook (Revenue, USD Million, 2016 – 2027)

  • Linear Actuator for Weapons Robots
  • Naval Rotary Hinge Actuators
  • Other

 

Military Actuators Regional Outlook (Revenue, USD Million, 2016 – 2027)

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • The U.K.
    • France
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Central & South America
    • Brazil
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa

 

List of Key Players of Military Actuators Market

  • Curtiss-Wright
  • Moog Inc.
  • Parker Hannifin
  • Triumph Group
  • Nook Industries
  • AMETEK
  • Ultra Motion
  • EME EleKTro-Metall
  • Whippany Actuation Systems
  • Beaver Aerospace & Defense
  • Arkwin Industries
  • Temis SRL
  • Honeywell International Inc.
  • Safran
  • Woodward Inc.
  • Kyntronics

 

Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/450903/ibb

 

Browse More Related Report:

Military Personal Protective Equipment Market Size, Share & Trends Analysis Report By Product (Body Armor, Tactical Vest), By End Use (Army, Navy), By Region (North America, APAC), And Segment Forecasts, 2019 – 2028

 

About Grand View Research

Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.

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