Global Military Actuators Market by System (Hydraulic, Electrical), by Component (Cylinders, Servo Valves) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global military actuators market was worth USD 1.1 billion in 2019. It is projected to grow at a compound annual rate (CAGR of 5.2%) between 2020 and 2027. For military and defense applications, high-powered force must be applied in a small area with precise control of force, position, speed, and force. These military and defense applications require actuators to meet all their requirements, which will fuel market growth. Over the forecast period, the market will be driven by security concerns, terrorist activity, political unrest and adoption of modern military programs. Manufacturers are encouraged to choose high-performance products for various military applications by technological innovation.

There are many growth opportunities for military actuators in the United States. This is due to the adoption of advanced technologies and growing R&D initiatives to promote new product launches. It also has the presence of multinational companies that manufacture actuators and other highly developed industries. A significant number multinational companies such as Curtiss-Wright, Moog Inc., Parker Hannifin, and Venture Mfg. are present in the United States. The region's presence of Co. tends to drive market growth.

Insurgency at the border of the countries like India-Pakistan and China-India and tensions within the country, such as Iran and Syria, has prompted the respective governments to invest in modern military programs and personal protection solutions. Additionally, the adoption armored cars and tanks along with other naval and aircraft platforms has led to a rise in the demand for military actuators.

One of the key factors driving the market's growth is the rise in demand from military aircraft for actuators. Countries with large military expenditures fuel the market for military actuators. This trend is expected to continue throughout the forecast period. Stringent government regulations regarding vibration control, noise control and leakage are some of the reasons that market growth is being stifled.

The United States is one of the most militarily-strung countries in the world. This favors the need for military actuators. The component segment of servo valves dominated the market and represented 30.16% of total revenue in the U.S. in 2019. Over the forecast period, the cylinders segment will gain momentum.

Component Insights

Segmentation of the global market can be made based on component, such as cylinders and drives, servo-valves, manifolds, etc. With a market share of 27.4%, servo valves dominated in 2019. Every actuator needs components because they provide desired characteristics. It is dependent on the application of the component in the actuators. The requirements of the application and the components that are used may dictate the type of component the manufacturer uses. The growth in use of servo-valves is fueled by the rise of electrically modulated and direction control valves.

The use of cylinders for storage, transport, and dispensing gas in military and defense vehicles is expected to see significant growth over the forecast period. Due to their increased use to control motor speed in order to reduce shock hazards, the demand for drives is expected to remain moderate during the forecast period.

Submarines and surface warships use manifolds. These components are integrated into systems because of technological advancement and increased demand from defense industry for better protection equipment.

System Insights

Segmentation of the global market can be made based on system type, such as hydraulic, electric, pneumatic and electrohydraulic. With a market share of 24.5%, the hydraulic actuators segment was dominant in 2019. Hydraulic actuators, which are powered by hydraulic fluids, are best suited for gun positioning and armor plate applications. Because of their low cost and high power density, hydraulic systems are expected to be a market leader within the aerospace and defense industries. But, problems with their weight, high maintenance and leakage could limit the growth of the segment over the forecast period.

Electrical actuators are taking over hydraulic systems. Electrical actuators will grow at a 5.8% CAGR from 2020-2027, thanks to their lightweight, high performance, security, and low maintenance costs. The aviation industry is seeing an increase in demand for electrical actuators, which are used extensively in flight control systems.

Many critical military applications rely heavily on electromechanical and electrohydraulic actuators. These systems can produce power on demand and are much more efficient than systems that operate continuously to maintain pressure. These systems are also used in naval and military applications.

Type Insights

This type segment can be divided into semi-rotary, rotary, linear, multi-axis positioning, and rotary actuators. In 2019, the largest segment of rotary actuators was 32.5%. The traditional use of rotary actuators is in valves, gates, and precision control applications within the aviation and defense sectors.

Linear actuators are expected to grow at a 5.6% annual growth rate between 2020 and 2027. Linear actuators convert rotary motion into linear motion and control linear motion. Screw-driven,belt-driven, and rod-driven linear actuators are widely used in various military applications. These types can be found in servo motors as well as control hardware. Linear actuators driven by a belt are used to improve the operational efficiency of many defense weapons. Rod-driven actuators are used within the aerospace and defense industries, which will favor the demand for linear actuators in the forecast period.

Application Insights

You can segment the global market based on whether it is used for air, land, or naval purposes. With a market share of 37.1%, the land application segment was the dominant segment in 2019. It is expected to continue its dominance over the forecast period. This can be attributed to rising homeland security concerns and government initiatives, which have all contributed to the increased demand for military actuators.

Market growth is aided by the need to increase the personal protection of the armed forces and advancements in the equipment. To prove their military and defense industry strength, the regions invest enormously in military equipment and related programs. This will fuel the market demand for military actuators during the forecast period.

The market segment is further divided into the individual platforms and actuators. The market can be divided into two segments based on air applications: the actuators and the air platform. Air platform is used for fighter aircraft and helicopters that use active vibration control, flight control and weapon bay door drives. It also includes utility actuation and engine controls. It is separated into a land platform with its actuators for land application.

Similar to the naval platform, market transactions include destroyers, frigates, destroyers, and off-shore patrolling vehicles. Linear actuators are used for naval rotary hinge actuators and weapons robots.

Numerous companies involved in the development and production of military-related products strictly adhere to the government's defense standards. Market growth will be limited by strict implementation of regulatory norms and issues related to noise, vibration, leakage, as well as the associated maintenance cost for military actuators.

Regional Insights

North America was the most represented market with 33.7% of the total in 2019, due to rising demand for military and defense solutions. The U.S. is the largest military spender in the globe and has the highest level of defense equipment. This contributes significantly to the growth in North American market.

Technology advancements, large R&D facilities and prominent warfare tactics have encouraged many countries to upgrade their armed force with high-quality ammunition products and protection solutions. This has boosted market growth.

Asia Pacific is expected to grow at 6.1% CAGR between 2020 and 2027, owing to the presence of China, India, as well as other Asian countries. Market growth is fueled by several factors, including internal conflicts, homeland security concerns, and tensions between neighbouring countries like India-Pakistan.

Due to domestic conflict and rising political unrest, India and China, as well as other developing countries in Asia Pacific, are expected to significantly contribute to market growth. The market has been affected by the COVID 19 pandemic. The pandemic has severely affected the availability of raw materials for military actuators (including metals like steel and aluminum) and therefore impacted market growth.

Market Share Insights & Key Companies

Due to the large number of military actuators suppliers serving major geographic areas around the world, the global market is highly competitive. Through product innovation, investments and strong research and development facilities, armor manufacturers can increase their sales. To maintain their market position and gain competitive advantage, market players invest heavily in R&D and introduce innovative products. The market leader in military actuators is:

• Curtiss Wright

• Moog Inc.

• Parker Hannifin

• Triumph Group

• Nook Industries

• AMETEK

• Ultra Motion

• EME EleKTro-Metall

• Whippany Actuation Systems

• Beaver Aerospace & Defense

• Arkwin Industries

• Temis SRL

• Honeywell International Inc.

• Safran

• Woodward Inc.

• Kyntronics

Up Market Research published a new report titled “Military Actuators Market research report which is segmented by System (Hydraulic, Electrical), by Component (Cylinders, Servo Valves), By Players/Companies Curtiss-Wright, Beaver Aerospace & Defense, Safran, Woodward Inc, Nook Industries, Triumph Group, EME EleKTro-Metall, Moog Inc, AMETEK, Temis SRL, Kyntronics, Ultra Motion, Honeywell International Inc, Parker Hannifin, Arkwin Industries, Whippany Actuation Systems”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Military Actuators Market Report Segments:

The market is segmented by System (Hydraulic, Electrical), by Component (Cylinders, Servo Valves).

Military Actuators Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Military Actuators Market

Overview of the regional outlook of the Military Actuators Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Military Actuators Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Military Actuators Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Hydraulic

                2. Electrical

                1. Cylinders

                2. Servo Valves

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Military Actuators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Military Actuators Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.