Dallas, TX -- (SBWIRE) -- 11/06/2014 -- The global actuators market is estimated to be $2,973.76 million by 2014. The market is expected to register CAGR of 4.6% to reach $3,839.74 million by 2019.

Actuator being an indispensable part of aircraft, the narrow body actuation systems market is going to increase as narrow body aircraft has more capacity as compared to single aisle aircraft and is preferred more on the heavy congestion routes.For defense, the duty cycles are less and programs should be more robust, electromechanical and electrohydraulic actuator usage will be more.The delivery of aircrafts from Russia and North America is expected to significantly increase by 2019; these regions have high growth potential for actuation systems.

Advantages of Actuation Actuator Systems in Growing Phase

The move towards more electric systems helps in reducing the weight of the aircraft and therefore, increasing the fuel economy. Fuel constitutes around 30% of the aircraft cost and this is a major driving factor for this market.A lot of money is spent on the technology up-gradation of actuator systems. The hydraulic actuators systems have replaced pneumatic actuators in aircraft applications because of its various advantages, to deliver a great deal of power without taking up too much space or weight.

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The number of new aircraft manufacturers will help in increasing the actuator market. Actuator is an essential part of an aircraft; it is used for flight control operations, landing gear, and for auxiliary control. It can be split on application basis as 45%, 40%, and 15%, respectively.The lifecycle of a typical actuator technology is 30 year to 40 years and the R&D process generally consumes around three to four years. The future of actuator will be dominated by electromechanical actuator.

It does in depth analysis of Actuation System on the basis of the type of aircraft i.e. narrow body, wide body, and very large aircraft. On the defense side, the analysis of actuation systems is done for fighter and transport. It talks about the leading competitor in the aerospace actuator systems market and apart from the general overview of the companies; it also provides financial analysis, products & services, and the key developments

High growth regions are China, Russia, and North America; and many new programs are coming up from these regions. The deliveries of the aircrafts are also expected to increase by 2019.

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