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North America Aviation Actuation System Market is Expected to Reach $1781.02 million in 2019 - New Report by MicroMarket Monitor

(PRWEB) July 30, 2014

The North America aviation actuator market is expected to reach $ 1781.02 million by 2019. North America is expected to be the fastest growing region in the commercial aviation actuation market at a CAGR of 5.60%.

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 been 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 North America 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.

North America is developing its airlines in respect to modern standards, and is more focused on the renewal of its fleet. North-American Airlines has announced that they will invest in the redesigning and refreshing of the company’s international wide-body aircraft. The actuator market has huge potential in North America because of several new programs from this region. The delivery schedule of Boeing aircraft is expected to increase in the forecast period. The passenger traffic is also expected to grow at a rate of 5% annually for another 20 years.

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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 a competitive landscape and company profiles of key players in this market.

Related Reports

Europe 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 Europe aviation actuation system market is currently valued at $1,451 million and it is expected to grow at a CAGR of 3.05% to reach $1,686 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 Europe has been analyzed and segmentation on the type of aircraft has been presented. Commercial aviation actuation system covers narrow body, wide body, and very large aircraft, while defense aviation actuation system includes fighter and transport aircraft.

The purpose of this report is to identify various applications, technologies involved, usage patterns, and distribution channels of the European 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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MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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