Military Actuators Market Size, Share, Growth Analysis, By Application(Air, Land, Naval), By System(Electrical, Hydraulic, Pneumatic, Mechanical), By Components(Cylinders, Drives, Servo Valves, Manifolds), By Type(Linear, Rotary), By Region - Industry Forecast 2024-2031

Due to the growing need for advanced protection solutions in the defence and military industries, North America held the largest share (33.7%) and has dominated the global military actuators market. Being the top military spender in the world, the United States has access to the most cutting-edge and substantial amount of defence equipment, significantly boosting the market's expansion in North America.

Technology advances, sizable R&D facilities, well-known warfare strategies, and increasing government investment in the military and defence sector have prompted various nations to upgrade their armed forces with high-protection systems and cutting-edge ammunition products, which has boosted market growth.

To improve land, air, and sea capabilities, countries are making significant investments in military modernization programmes and acquisition of armoured vehicles, aircraft, and naval vessels. For instance, China has rapidly increased its capabilities over the past few decades and is continuing to modernise its military despite territorial and maritime disputes. The Type 075 (Yushen-class) amphibious helicopter carrier Hainan and the Type 055 (Renhai-class) guided-missile cruiser Dalian were both unveiled by the People's Liberation Army Navy in 2021. The nations in the region increase their capacity for domestic defence production and lessen their reliance on outside suppliers. To meet the needs of the Royal Thai Marine Corps, the 88 Amphibious Armoured Personnel Carrier (AAPC) is being developed by Thailand's state-owned Defense Technology Institute (DTI) (RTMC).