The report, now available on ASDReports, recognizes the following companies as the key players in the Global Military Aircraft Actuation Systems Market: Honeywell International, Moog, Parker Aerospace, Rockwell Collins, and United Technologies (UTC).
Other Prominent Vendors in the market are: Curtiss Wright, Eaton, GE Aviation, Saab, and Woodward.
Commenting on the report, an analyst said: “An emerging trend in this market is the shift towards electric actuators. The growing demand for aircraft performance optimization and reduction in operating costs and gas emissions have led to increased dispatch of reliable MEA. Rapid technological advances in electro-hydrostatic actuators, flight control systems, fault-tolerant architecture, power electronics, high-density electric motors, power generation, and conversion systems have led to the development of MEA. Specifically, MEA provides for the use of electric power for all non-propulsive systems. Traditionally, these systems were powered by a fusion of different secondary energy sources such as hydraulic, pneumatic, mechanical, and electricity.”
According to the report, a key growth driver for this market is the increase in the number of aircraft. The defense units of many countries are strengthening themselves by manufacturing combat planes, helicopters, and transport planes.
Further, the report states that one challenge that could hinder market growth is rapid changes in technology.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source: ASDReports - Market Research
Date: May 27, 2016