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Military Actuators Market To Reflect a Modest CAGR of 5.2% Throughout 2027 : Grand View Research, Inc.

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Military Actuators Market To Reflect a Modest CAGR of 5.2% Throughout 2027 : Grand View Research, Inc.

December 06
15:26 2020
Military Actuators Market To Reflect a Modest CAGR of 5.2% Throughout 2027 : Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, 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.

According to a report, “Military Actuators Market Size, Share & Trends Analysis Report By Component (Servo Valves, Cylinders), By System (Hydraulic, Electrical), By Type, By Application, By Region, And Segment Forecasts, 2020 – 2027”, published by Grand View Research, Inc.,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.

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U.S. military actuators market size

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.

The global market can be segmented based on application into air, land, and naval applications. The land application segment dominated the market with a share of 37.1% in 2019 and is expected to maintain its lead over the forecast period. This is attributed to the demand for advanced protection equipment, rising homeland security concerns, and government initiatives that have fueled the demand for military actuators.

The need to emphasize on enhancing the personal protection of armed forces, advancement in the equipment, and its upgraded performances altogether favor the market growth. The regions spend magnificently in the military equipment and related program in order to prove their strength in the military and defense industry, thus fueling the demand for military actuators over the forecast period.

Application Insights

Global military actuators market share

In the application segment, the market is further bifurcated into individual platforms and its actuators. Based on air applications, the market is segmented into the air platform and actuators. Air platform deals with fighter aircraft and helicopters where active vibration control, flight control, weapon bay door drives, engine controls, and utility actuation are used. In terms of land application, it is segregated into a land platform and its actuators.

Similarly, in the naval platform, the market deals with frigates, corvettes, destroyers, and offshore patrolling vehicles in which linear actuators for naval rotary hinge actuators, weapons robots, and other actuators, including electromechanical steam turbine and valve actuators, are used.

Moreover, the government standards of defense are followed rigorously by a number of companies engaged in the development of military associated products. Stringent implementation of regulatory norms, issues related to noise, vibration, and leakage, along with associated maintenance cost of military actuators, are some of the factors that may restrain the market growth in the forecast period.

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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

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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