Global Military Actuators Market Size By Type(Linear Actuator for Weapons Robots, Naval Rotary Hinge Actuators), By Application(Air, Land, Naval), By Component(Drivers, Cylinders, Manifolds), By Geographic Scope And Forecast

Military Actuators Market Size and Forecast

Military Actuators Market size was valued at USD 1.2 billion in 2021, it is expected to reach USD 1.6 billion by the end of 2030, growing at a CAGR of 5.4% from 2023 to 2030.

The growing demand for electrical actuators from the defense and aerospace industry is one of the major driving factors of the military actuators market. The Global Military Actuators Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Military Actuators Market Definition

The global industry that produces and offers a variety of actuators used in military applications is often referred to as the “military actuators market.” The actuators are devices that convert electrical, hydraulic in nature, or pneumatic power into mechanical motion. They are frequently found in an extensive variety of military systems, including those in aircraft, missiles, armored cars, or ships.

The control and movement of many systems and parts, including the control of flight surfaces, landing gears, and armament systems, including surveillance systems, are rendered possible by these actuators, which serve as vital parts. The demand for sophisticated and advanced military equipment is increasing, and lightweight, compact actuators with higher performance, efficiency, and durability are driving the market for military actuators. The market is highly competitive, with multiple products being offered by international companies.

Military Actuators Market Overview

The COVID-19 epidemic had an inconsistent impact on the marketplace for military actuators. Despite there has been a steady demand for weapons systems, supply chains have been hindered which has decreased production. In addition, the ability of businesses to offer maintenance and installation services has been impacted by limitations on travel, which have resulted in an overall decrease in revenue.

Okay, here's what's boosting the military actuators marketFirst, everyone wants better military gear – more precise, reliable, and efficient – so we're seeing advanced actuators that give you finer, more efficient control. Plus, with countries investing more in modernizing their defenses, the market for armed forces motors is getting a real shot in the arm. What's more, there's a big push for smaller, lighter actuators that pack a punch in terms of power and energy efficiency. And get this, the growing demand for autonomous tech and unmanned aircraft in the military is creating tons of new opportunities for actuator providers.

So, what's holding back the defense actuators market? Well, for starters, these fancy actuators are expensive, and that can really limit who can afford them, especially developing nations with smaller defense budgets. Plus, even if you buy them, who's going to run and fix these things? We need trained people, and a lack of them could hurt how well these actuators work and how long they last. Also, let's not forget all the rules and regulations about making and selling weapons – that can definitely make it tough for the market to grow. And, of course, COVID-19 threw a wrench in everything, causing supply chain issues, production delays, and less money coming in. All that stuff can really mess with the market. Learn more here.

Hey, get ready for some action in the military actuators market! We're expecting to see a bunch of growth opportunities over the next few years. Think about itas the military dives headfirst into things like machine learning and AI, they're going to need actuators that can keep up. Plus, all that R&D spending aimed at making our troops' equipment even better? That's going to open up a lot of new doors. And don't forget the big push to electrify everything from unmanned aircraft to vehicles. That means a serious need for electric actuators that are super powerful but also easy on the energy bill!

Military Actuators MarketSegmentation Analysis

The Military Actuators Market is segmented by Type, Application, Component, and geography.

Military Actuators Market, By Type

• Linear Actuator for Weapons Robots
• Naval Rotary Hinge Actuators
• Others

On the basis of Type, Military Actuators Market is segmented into Linear Actuator for Weapons Robots, Naval Rotary Hinge Actuators and others.

Military Actuators Market, By Application

• Air
• Land
• Naval

The land segment is leading the military actuators market globally. It can be analyzed that increasing defense investments are fueling the growth in this segment. besides this, countries that are facing tensions with other nations are also spending huge amounts in this segment.

Military Actuators Market, By Components

• Drivers
• Cylinders
• Manifolds
• Servo Valves
• Others

The cylinder segment holds the highest share of the market because of its diverse applications in the military. Various types of military actuators depend on the cylinders due to which this segment is growing with a healthy CAGR in the global market.

Military Actuators Market, By Geography

• North America• Europe• Asia-Pacific• Latin America• Middle East and Africa

North America is leading the military actuators market and is expected to sustain its dominance in the market. This is due to the increasing investment in the defense sector. Besides this, other regions are also growing with healthy CAGR in the military actuators market.

Key Players

The key players in the military actuators market are Moog, Curtiss-Wright, Parker Hannifin Corporation, Nook Industries, Honeywell, Meggitt, Triumph Group, Venture Mfg. Co., Kyntronics, and Creative Motion Control.

Key Developments

• In September 2021, Parker Hannifin Corporation acquire Meggitt PLC, which manufactures advanced subsystems and components like actuators that can be used for military applications
• In May 2021, Mogg Inc., acquire Focal Technologies Corporation so that they can manufacture advanced electromechanical systems for commercial as well as military applications.

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