Market Share of Aircraft Actuators Industry
The market for aircraft actuators is fragmented, with many players supplying several types of actuation systems for different aircraft programs. Liebherr-International Deutschland GmbH, Raytheon Technologies Corporation, Parker Hannifin Corporation, Eaton Corporation plc, and Moog Inc. are some of the prominent players in the aircraft actuators market.
Liebherr Aerospace provides mechanical actuators for Airbus 320, Airbus A330, and Airbus A350, hydraulic actuators for Airbus A400M, and electromechanical actuators for Boeing B777 aircraft. The aircraft under development and the new aircraft announced recently may generate new opportunities for the players to grab new supply contracts with the aircraft's original equipment manufacturers (OEMs).
For instance, in March 2022, Parker Aerospace announced that it was selected by the Sikorsky-Boeing to supply the hydraulic tail actuation system (HTAS), main rotor servo actuators (MRS), flight control modules, auxiliary pumps, and main hydraulic pumps for the DEFIANT X model in the Future Long-Range Assault Aircraft (FLRAA) program of the United States. Moreover, players may benefit from innovation by working toward producing lightweight actuators, which may be useful for the overall weight reduction of the aircraft and more fuel savings by the airlines.
Aircraft Actuator Manufacturers Market Leaders
Moog Inc.
Eaton Corporation plc
Liebherr-International Deutschland GmbH
Raytheon Technologies Corporation
Parker Hannifin Corporation
*Disclaimer: Major Players sorted in no particular order
