Aircraft Actuators Market Growing Trade Among Emerging Economies Opening New Opportunities To 2022-2031

Allied Market Research published a report titled, “Aircraft Actuators Market by Application (Commercial Aviation, Military Aviation, Business and General Aviation, Unmanned), by Wing Type (Fixed Wing, Rotary Wing), by Type (Linear, Rotary), by End Use (OEM, Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021-2031.” As per the report, the global aircraft actuators industry was estimated at $14.5 billion in 2021, and is set to reach $24.1 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

Download Report (PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/2464

COVID-19 Scenario

  • The outbreak of the COVID-19 has had a negative impact on the growth of the global aircraft actuator market, owing to the occurrence of lockdowns in various countries across the globe.
  • Lockdowns resulted in the closure of various manufacturing facilities, including those of aircraft actuators, which adversely impacted its demand.
  • In addition, reduction in flight travel among people and cancellation of both domestic and international flights in various countries further aggravated the impact on the market.
  • Furthermore, shortage of raw materials due to strict trade restrictions additionally impacted the growth of the market.
  • These restrictions were imposed by the government so as to curb the spread of the virus during the pandemic.

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Key Market Players:

  • AMETEK, Inc.
  • Astronics Corporation
  • Curtiss-Wright Corporation
  • Eaton Corporation Plc
  • Honeywell International Inc
  • ITT Inc.
  • Liebherr-International AG
  • MOOG Inc.
  • Nabtesco Corporation
  • Raytheon Technologies Corporation
  • Saab AB
  • Safran SA
  • itec Aerospace GmbH
  • Tamagawa Seiki Co., Ltd.
  • Woodward, Inc.

The report analyzes these key players in the global aircraft actuator market. These players have implemented key business strategies such as strategic expansion, new product launches, alliances, and joint ventures for enhancing market penetration and reinforcing their position in the industry. The report helps the target audience in determining the market performance, performance of each segment, product portfolio development in the market, and contributions made by each player to the market expansion.    

Browse Complete Report at 
https://www.alliedmarketresearch.com/aviation-actuator-system-market

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