Global Military Actuators Market to reach USD 1.7 billion by 2027

Global Military Actuators Market Size study, by Component (Cylinders, Drives, Servo Valves, Manifolds, Others), by System (Hydraulic Actuators, Electrical Actuators, Pneumatic Actuators, Electromechanical Actuators, Others), by Type (Linear Actuators, Rotary Actuators, Multi-axis Positioning Actuators, Semi-rotary Actuators), by Application (Air, Land, Naval) and Regional Forecasts 2020-2027
Product Code:  OIRIA_63091322
Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1.	Military Actuators Market, by Region, 2018-2027 (USD Billion)
1.2.2.	Military Actuators Market, by Component, 2018-2027 (USD Billion)
1.2.3.	Military Actuators Market, by System, 2018-2027 (USD Billion)
1.2.4.	Military Actuators Market, by Type, 2018-2027 (USD Billion)
1.2.5.	Military Actuators Market, by Application, 2018-2027 (USD Billion)
1.3.	Key Trends
1.4.	Estimation Methodology
1.5.	Research Assumption
Chapter 2.	Global Military Actuators Market Definition and Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Scope of the Study
2.2.2.	Industry Evolution
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global Military Actuators Market Dynamics	
3.1.	Military Actuators Market Impact Analysis (2018-2027)
3.1.1.	Market Drivers
3.1.2.	Market Challenges
3.1.3.	Market Opportunities
Chapter 4.	Global Military Actuators Market: Industry Analysis
4.1.	Porter’s 5 Force Model
4.1.1.	Bargaining Power of Suppliers
4.1.2.	Bargaining Power of Buyers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2.	PEST Analysis
4.2.1.	Political 
4.2.2.	Economical
4.2.3.	Social 
4.2.4.	Technological 
4.3.	Investment Adoption Model
4.4.	Analyst Recommendation & Conclusion
Chapter 5.	Global Military Actuators Market, by Component 
5.1.	Market Snapshot 
5.2.	Global Military Actuators Market by Component, Performance - Potential Analysis
5.3.	Global Military Actuators Market Estimates & Forecasts by Component 2017-2027 (USD Billion)
5.4.	Military Actuators Market, Sub Segment Analysis
5.4.1.	Cylinders
5.4.2.	Drives
5.4.3.	Servo Valves
5.4.4.	Manifolds
5.4.5.	Others
Chapter 6.	Global Military Actuators Market, by System
6.1.	Market Snapshot 
6.2.	Global Military Actuators Market by System, Performance - Potential Analysis
6.3.	Global Military Actuators Market Estimates & Forecasts by System 2017-2027 (USD Billion)
6.4.	Military Actuators Market, Sub Segment Analysis
6.4.1.	Hydraulic Actuators
6.4.2.	Electrical Actuators
6.4.3.	Pneumatic Actuators
6.4.4.	Electromechanical Actuators
6.4.5.	Others
Chapter 7.	Global Military Actuators Market, by Type          
7.1.	Market Snapshot 
7.2.	Global Military Actuators Market by Type, Performance - Potential Analysis
7.3.	Global Military Actuators Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
7.4.	Military Actuators Market, Sub Segment Analysis
7.4.1.	Linear Actuators
7.4.2.	Rotary Actuators
7.4.3.	Multi-axis Positioning Actuators
7.4.4.	Semi-rotary Actuators
Chapter 8.	Global Military Actuators Market, by Application
8.1.	Market Snapshot 
8.2.	Global Military Actuators Market by Application - Potential Analysis
8.3.	Global Military Actuators Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
8.4.	Military Actuators Market, Sub Segment Analysis
8.4.1.	Air
8.4.2.	Land
8.4.3.	Naval
Chapter 9.	Global Military Actuators Market, Regional Analysis
9.1.	Military Actuators Market, Regional Market Snapshot 
9.2.	North America Military Actuators Market 
9.2.1.	U.S. Military Actuators Market	Component breakdown estimates & forecasts, 2017-2027	System breakdown estimates & forecasts, 2017-2027	Type breakdown estimates & forecasts, 2017-2027	Application breakdown estimates & forecasts, 2017-2027
9.2.2.	Canada Military Actuators Market
9.3.	Europe Military Actuators Market Snapshot
9.3.1.	U.K. Military Actuators Market 
9.3.2.	Germany Military Actuators Market
9.3.3.	France Military Actuators Market
9.3.4.	Spain Military Actuators Market
9.3.5.	Italy Military Actuators Market
9.3.6.	Rest of Europe Military Actuators Market
9.4.	Asia-Pacific Military Actuators Market Snapshot
9.4.1.	China Military Actuators Market 
9.4.2.	India Military Actuators Market 
9.4.3.	Japan Military Actuators Market
9.4.4.	Australia Military Actuators Market
9.4.5.	South Korea Military Actuators Market
9.4.6.	Rest of Asia Pacific Military Actuators Market
9.5.	Latin America Military Actuators Market Snapshot
9.5.1.	Brazil Military Actuators Market
9.5.2.	Mexico Military Actuators Market
9.6.	Rest of The World Military Actuators Market
Chapter 10.	Competitive Intelligence
10.1.	Top Market Strategies
10.2.	Company Profiles
10.2.1.	Moog Inc.	Key Information	Overview	Financial (Subject to Data Availability)	Product Summary	Recent Developments
10.2.2.	Curtiss-Wright
10.2.3.	Parker-Hannifin Corporation
10.2.4.	Triumph Group, Inc.
10.2.5.	Nook Industries Inc
10.2.6.	AMETEK, Inc.
10.2.7.	Arkwin Industries, Inc.
10.2.8.	Elektro-Metall Export GmbH
10.2.9.	Beaver Aerospace & Defense
10.2.10.	Whippany Actuation Systems
Chapter 11.	Research Process
11.1.	Research Process
11.1.1.	Data Mining
11.1.2.	Analysis
11.1.3.	Market Estimation
11.1.4.	Validation
11.1.5.	Publishing
11.2.	Research Attributes
11.3.	Research Assumption

Global Military Actuators Market is valued approximately at USD 1.1 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2020-2027. Military automation is the current trend in the aerospace & defense industry. Several aerospace & defense manufacturers are integrating automated technologies in their military aircrafts with the aim of improving their fighting capabilities, which creates a huge demand for military actuators across the globe. Military actuators play a significant role in the aerospace & defense sector as it provides precision control for speed, force, and position of military aircraft. Also, the military actuators used to monitor the smooth and secure landing of aircraft. The rising demand for electrical actuators from the aerospace & defense industry, growing military & defense budget, and increasing initiatives for automation in military applications are the few factors responsible for the CAGR of the market during the forecast period. According to the Stockholm International Peace Research Institute (SIPRI), the total military expenditure across the world was estimated at nearly USD 1822 billion in 2018, representing an increase of 2.6 percent from 2017. Similarly, the US government has announced a base budget for defense of around USD 671 billion in 2021, an increase of USD 6 billion from the financial year 2020 (USD 665 billion). This, in turn, is likely to strengthen the demand for military actuators, thereby reinforcing the market growth all over the world. However, the high overhaul and maintenance cost of actuators and stringent government regulations related to power consumption, noise, and leakage are the few factors restraining the market growth over the forecast period of 2020-2027.

The regional analysis of the global Military Actuators market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the favorable government support for the growth of the aerospace and defense sector, along with the wide presence of market players in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rising military & defense budgets and the rapid automation in military applications in the developing nations, such as China and India, are the few factors creating a lucrative opportunity for the growth of the cancer vaccine market in the Asia-Pacific region.

Major market player included in this report are:
Moog Inc.
Parker-Hannifin Corporation
Triumph Group, Inc.
Nook Industries Inc
Arkwin Industries, Inc.
Elektro-Metall Export GmbH
Beaver Aerospace & Defense
Whippany Actuation Systems

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
Servo Valves

By System:
Hydraulic Actuators
Electrical Actuators
Pneumatic Actuators
Electromechanical Actuators

By Type:
Linear Actuators
Rotary Actuators
Multi-axis Positioning Actuators
Semi-rotary Actuators

By Application:

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Military Actuators Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

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