Aircraft Actuator Market Size, Share, Growth Analysis, By Motion(Linear, Rotary), By Actuator Type(Hydraulic, Pneumatic, Electric, Electromechanical), By Platform(Narrow Body Aircraft (NBA), Wide Body Aircraft (WBA), Extra Wide Body Aircraft (EWBA), Regional Transport Aircraft (RTA)), By Installation(Power Generation & Distribution Systems, Flight Control Systems, Fuel Management systems, Landing Gear & Braking systems), By Region - Industry Forecast 2024-2031

Aircraft Actuator Market Driver

Increased Demand For Commercial Aircraft

• The need for commercial aircraft has grown as a result of expanding air travel demand and aircraft deliveries. It is anticipated that the market would develop as a result of the rise in aircraft deliveries in Asia-growing Pacific nations, including China and India. The International Aviation Transport Association (IATA) estimates that by 2037, air traffic would have doubled, necessitating the purchase of more than 37,000 additional passengers and freight aircraft.

Aircraft Actuator Market Restraint

Government regulations regarding certification

• The usage of mechanical or electrical components in the aviation sector is subject to strict norms and regulations, which the industry abides by. OEMs are required by the Federal Aviation Administration to abide by specific standards and certifications known as airworthiness directives (AD) on safety, leakage, and design issues (FAA). The FAA has issued the ADs as legally binding rules to rectify dangerous product conditions. Manufacturers of aircraft landing gear need a long lead time to create durable products that can meet aviation standards and all regulations, which delays product introductions and lowers market revenues for aircraft actuators. Therefore, the extensive and time-consuming certification procedure is limiting the market growth for airplane actuators.