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The aviation actuator systems market is projected to grow from USD 822.3 Million in 2016 to USD 1090.9 Million by 2021, growing at a CAGR of 5.82% between 2016 and 2021.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=137846800

Factors influencing the growth of aviation actuator systems market include increasing aircraft orders along with the increasing passenger traffic across the globe. The number of aircraft has increased due to rise in air traffic. The aviation actuator systems market is highly dependent on the number of aircraft manufactured and its ability to minimize limitations of weight, high maintenance requirements, and vulnerability of security risks. This has further resulted in procurement of power-efficient and low weight actuators.

In this report, the aviation actuator systems market has been categorized into five key segments, namely, by product type, by application, by aircraft type, by end user, and by region. The product type segment has been further categorized into electric, electromechanical, electrohydraulic, and electrohydrostatic. Under the product type segment covered in the report, the aviation actuator systems market is dominated by the electrohydraulic subsegment while electrohydrostatic subsegment is expected to grow at the highest CAGR during the forecast period. This high growth if electrohydroststic actuators segment can be attributed to their characteristics which include energy savings, low investment costs, high power density and power capacity, fail-safe functionality, and easy integration into existing infrastructure.

The application segment includes flight control, landing gear, and auxiliary control. The flight control subsegment is estimated to capture the largest market share in the aviation actuator systems market owing to the use of large number of actuators in this application.

The aircraft type segment includes narrow body aircraft, wide body aircraft, very large aircraft, transport aircraft, and fighter aircraft. Wide body aircraft segment is projected to grow at the highest CAGR during the forecast period. The demand for wide body aircraft is increasing globally due to its efficiency, rise in passenger traffic, and increased connectivity between important geographical locations of developing regions and developed regions.

On the basis of end user, the aviation actuator market is segmented into commercial aviation and defense. Commercial aviation segment is expected to grow at the highest CAGR during the forecast period. Increasing orders for commercial aircraft from developing regions have led to the increased demand for commercial aircraft, which, in turn, has generated demand for aviation actuator systems in the commercial aviation segment.

On the basis of region, the market has been classified into North America, Europe, Asia-Pacific, and RoW (Rest of the World). North America is the most dominant region in the aviation actuator systems market, as of 2016, followed by Europe. The aviation actuator systems market in North America is also projected to grow at the highest CAGR during the forecast period. Factors driving the growth of aviation actuator systems market include low oil prices, expansionary fiscal & monetary policy, deleveraging private sector, and steady labor market. North America is the leading manufacturer of fighter and military transport aircraft.

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The aviation actuator systems market is projected to grow from USD 776.5 Million in 2015 to USD 1090.9 Million by 2021, at a CAGR of 5.82%. The base year considered for the report is 2015, and the forecast period is between 2016 and 2021.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=137846800

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The unit load device market is projected to grow from USD 1.64 Billion in 2016 to USD 2.02 Billion by 2021, at a CAGR of 4.28% during the forecast period. The base year considered for the study is 2015 and the forecast period is from 2016 to 2021.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=60073009


LD 3 unit load devices can be used in all types of commercial aircraft. LD 3 containers are mainly used in passenger aircraft and growth in the LD 3 container segment can be attributed to the increase in passenger traffic. LD 3 unit load devices can be modified according to the requirements of a specific aircraft type.

Based on application, the commercial segment of the unit load device market is estimated to grow at the highest CAGR during the forecast period. Rise in passenger traffic has led to increase in air cargo, thereby propelling the demand for unit load devices for commercial aircraft.

Based on material, the composite segment of the unit load device market is estimated to grow at the highest CAGR during the forecast period. ULDs developed using composite materials are lightweight, which enhances fuel efficiency of an aircraft.

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Unit Load Device Market worth 2.02 Billion USD by 2021

The unit load device market is projected to grow from USD 1.64 Billion in 2016 to USD 2.02 Billion by 2021, at a CAGR of 4.28% during the forecast period. The base year considered for the study is 2015 and the forecast period is from 2016 to 2021.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=60073009


LD 3 unit load devices can be used in all types of commercial aircraft. LD 3 containers are mainly used in passenger aircraft and growth in the LD 3 container segment can be attributed to the increase in passenger traffic. LD 3 unit load devices can be modified according to the requirements of a specific aircraft type.

Based on application, the commercial segment of the unit load device market is estimated to grow at the highest CAGR during the forecast period. Rise in passenger traffic has led to increase in air cargo, thereby propelling the demand for unit load devices for commercial aircraft.

Based on material, the composite segment of the unit load device market is estimated to grow at the highest CAGR during the forecast period. ULDs developed using composite materials are lightweight, which enhances fuel efficiency of an aircraft.

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MA THOR SolarLight Unmanned Aircraft by Marques Aviation Ltd
www.marquesaviation.com

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MA THOR Twin Unmanned Aircraft by Marques Aviation Ltd
www.marquesaviation.com

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MA THOR Intel Unmanned Aircraft by Marques Aviation Ltd
www.marquesaviation.com
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