Aircraft Actuators Market
The market for Aircraft Actuators was estimated at $12.1 billion in 2024; it is anticipated to increase to $20.8 billion by 2030, with projections indicating growth to around $32.5 billion by 2035.
Global Aircraft Actuators Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Aircraft Actuators industry revenue is expected to be around $13.2 billion in 2025 and expected to showcase growth with 9.4% CAGR between 2025 and 2034. With their groundbreaking capabilities to revolutionize aircraft control systems and improve safety measures significantly Actuation Systems mark the beginning of an era, in aerospace technology advancement that promises a transformation ahead.
Actuator systems in aircraft play a role in steering the aircraft and managing functions such, as flight control surfaces and landing gear operation.
Market Key Insights
- The Aircraft Actuators market is projected to grow from $12.1 billion in 2024 to $29.7 billion in 2034. This represents a CAGR of 9.4%, reflecting rising demand across Flight Control Systems, Landing Gear Systems and Engine Control.
- Honeywell International Inc, Moog Inc, Collins Aerospace are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Aircraft Actuators market and are expected to observe the growth CAGR of 6.9% to 9.9% between 2024 and 2030.
- Emerging markets including India, Brazil and Indonesia are expected to observe highest growth with CAGR ranging between 9.0% to 11.8%.
- Transition like Shift Towards Electric Actuation Systems is expected to add $780 million to the Aircraft Actuators market growth by 2030.
- The Aircraft Actuators market is set to add $17.6 billion between 2024 and 2034, with manufacturer targeting Electric & Mechanical Product Type projected to gain a larger market share.
- With Rising demand for electric aircraft, and Technological advancements in actuator design, Aircraft Actuators market to expand 146% between 2024 and 2034.