Europe Aircraft Actuators Market was valued at US$ 2146.23 million in 2020 and is projected to reach US$ 3734.08 million by 2027 with a CAGR of 8.2% during the forecast period 2020 to 2027.
The defense and commercial aviation sectors in Europe are inclined toward advanced of aircraft technologies. Germany, the UK, and Russia have a major manufacturing base of aircraft actuators with a large number of aircraft manufacturing companies. Strong economic conditions and initiatives taken by the European governments to ensure flight safety are the major factors propelling the growth of the market in Europe. Countries, such as Russia, France, Germany, and Spain, have a large number of aircraft fleet. Germany and France are major exporters of advanced aircraft technologies; they are leading the growth of the aircraft actuators market in Europe. In addition, other countries in Europe, such as Poland and the Czech Republic, are upgrading their aircraft with advanced aircraft actuators to assure enhanced flight control. In June 2020, Dornier Seawings received the approval from European Aviation Safety Agency and Luftfahrt-Bundesamt for newly developed Seastar amphibious aircraft.
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Top Key Players Listed in the Europe Aircraft Actuators Market 2020 – 2027 Report Are:
-
- BAE Systems
- Garmin Ltd.
- General Dynamics Mission Systems, Inc.
- General Electric
- Honeywell International Inc.
- Lockheed Martin Corporation
- Raytheon Technologies
- SAAB AB
- Safran Group
- Thales Group
In this report, the market has been segmented on the basis of:
By Type
- Linear
- Rotary
By System
- Hydraulic Actuators
- Electrical Actuators
- Mechanical Actuators
- Pneumatic Actuators
By End User
- Commercial Aircraft
- Military Aircraft
By Country
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
The Europe Aircraft Actuators Market 2020 – 2027 Competitive Viewpoint:
This analysis is a useful resource for investors, shareholders, industry planners, and new and existing businesses trying to broaden their reach within the current Market situation. While focusing on top companies and their corporate strategies, market presence, operative segmentation, aggressive outlook, geographical growth, pricing and price structures, the study painstakingly takes into consideration the market analysis.
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• The latest developments within the Europe Aircraft Actuators market and details of the industry leaders alongside their market share and methods.
• It looks into vital developments like extensions, agreements, new product launches, and acquisitions on the horizon.
• Analysis the market’s potential, preferred position, opportunity, difficulty, restrictions, and hazards on a world and regional level.
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