DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Aircraft Actuator market - By Component, Application, Regions and Players - Market Size, Demand Forecasts, Industry Trends and Updates (2015-2022)" report to their offering.
The global aircraft actuators market was USD 12.20 billion in 2015 and is estimated to reach USD 20.46 billion, at a CAGR of 7.66%, by 2022. Power generation systems, power distribution systems and health monitoring systems are expected to witness the maximum growth during the forecasted period.
The global aerospace industry is set to witness a tremendous growth in the coming years. This can be attributed to factors like increasing globalization, connectivity, economic growth, industrialization, purchasing power, international education, trade among countries and service agreements, among others.
The growth of the aerospace industry will directly drive the growth of this industry. Also, since improvements in aircraft actuator systems lead to a reduction in fuel consumption by the aircraft, which forms the largest part of airlines operating expenditure, it drives to invest more in actuator systems.
An increasing trend of electric aircrafts (MEA) is another contributor to the growth. Also, a demand to increase aircraft safety has had a proportional effect on the demand of health monitoring systems. Some of the challenges that the industry might face will be due to the deployment of flight control actuation which include superfluous system topologies and safety issues, government regulations and technological upgrades.
Key Topics Covered:
1. Market Size, Demand Forecasts, Industry Trends and Updates (2015-2022)
2. Market Overview
3. Market Dynamics
4. Global Aircraft Actuator Market Segmentation, Forecasts and Trends - by Revenue
5. By Component
6. By Application
7. By Region
8. Vendor Market Share Analysis
9. Company Profiles
10. Industry Structure
11. Industry M&As, Consolidations
12. Investment Opportunities
13. Global Aircraft Actuator market - Road Ahead
- Airbus Group
- Component Manufacturers
- Honeywell Aerospace
- Infenion Technologies
- Microsemi corp
- Rockwell Collins
- Rostra Vernatherm
- Tandem Aviation
For more information visit http://www.researchandmarkets.com/research/3tjv6k/global_aircraft