(PRWEB) July 30, 2014
The Europe commercial aviation actuation system market is estimated at $1,451.79 million in 2014, and it is expected to reach $1,686.72 million by 2019 at a CAGR of 3.05%. The commercial aircraft market offers an exclusive range of opportunities and challenges which will assume prominence in the years to come. Commercial aviation has seen slumps in the past, yet the sector has regained quickly, and the industry has reliably returned to its long-term growth rate of approximately 5 % per year. Despite uncertainties, 2013 passenger traffic rose to about 7 to 8 % above 2012 levels.
Browse through the TOC of the Europe Aviation actuator market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North America security and surveillance radar market, and is supported by various tables and figures.
The air traffic in this region is expected to increase; hence, aircraft programs will require significant up gradations. New aircraft programs are in the R&D phase in several companies in the Europe for the delivery of fuel-efficient, emission-free air crafts. Fuel is the largest component of aircraft’s cost structure. Lots of players are facing challenges on profit margin due to changes in fuel cost, which in turn faces airliners to have cost effective solutions. More efficient actuator systems will help in improving the efficiency and reliability.
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The commercial aviation actuation report is segmented on the basis of application of actuator like landing gear, flight control and auxiliary actuator. Product segmentation is on the basis of type of actuator used i.e. pneumatic, hydraulic, mechanical, electromechanical and electrohydraulic. The analysis is done for commercial and defense aviation actuator market.
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This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents competitive landscape and company profiles of key players in this market.
North America Aviation Actuation System Market
An actuation system is a component that aids the movement of parts in an aircraft. The aviation actuation system market includes components that are used in commercial and defense aviation. Actuation systems include a range of technology options including electric and hydraulic-powered actuators for commercial aerospace and defense applications. The North American aviation actuation system market is currently valued at $1,349 million and it is expected to grow at a CAGR of 5.70% to reach $1,781 million by 2019.
The market is segmented on the basis of products and services. Both, defense and commercial aviation are covered in detail in the report.This report is segmented on the basis of applications of actuators like landing gear, flight control, and auxiliary actuator. Product segmentation is on the basis of type of actuator used, i.e., pneumatic, hydraulic, mechanical, electromechanical, and electro-hydraulic. The commercial aviation and defense aviation market for North America has been analyzed and the segmentation on this type of aircraft has been presented. Commercial aviation actuation system covers narrow body, wide body, and very large aircraft, while defense aviation actuation includes fighter and transport aircraft.
The purpose of this report is to identify various applications, technologies involved, usage patterns, and distribution channels of the North American aviation actuation system market. It contains an in-depth analysis of market segmentation which comprises technology, type, products, services, applications, and end users.
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