Global Military Actuators Market Size to Exceed USD 27.88 Billion by 2033: Market Insight Report

Global Military Actuators Market Size to Exceed USD 27.88 Billion by 2033   

According to a research report published by Spherical Insights & Consulting, The Global Military Actuators Market Size Expected to Grow from USD 15.56 Billion in 2023 to USD 27.88 Billion by 2033, at a CAGR of 6.01% during the forecast period 2023-2033.

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Military Actuators Market Size, Share, and COVID-19 Impact Analysis, By Type (Linear Actuators and Rotary Actuators), By Application (Air, Land, and Naval), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033        

An actuator is a machine that uses linear or rotary motion to change signals and energy in the system. An actuator is a machine that creates motion by converting energy and signals that enter the system. It has the ability to produce both linear and rotary motion. These actuators are dependable and appropriate for uses where firearms and armored plates need to be positioned. Additionally, high force in a small area with precise control over force, position, and speed is required for military and defense applications. Since actuators meet all the needs of various military and defense applications, the market is anticipated to develop. The increase in terrorist attacks worldwide, security worries, political upheaval, and the adoption of modern military programs are some of the reasons that are anticipated to fuel the need for military actuators throughout the forecast period. Advances in technology motivate manufacturers to select high-performance products for a range of military uses. However, the market's expansion is being hindered by strict government rules on motion control noise, vibration control, and leakage difficulties.

The linear actuators segment is expected to hold the largest share of the global military actuators market during the projected timeframe.                              

Based on type, the global military actuators market is categorized as linear actuators and rotary actuators. Among these, the linear actuators segment is expected to hold the largest share of the global military actuators market during the projected timeframe. Linear actuators are easy to build and use with minimal effort. In comparison to other kinds of naval actuators and valves, linear actuators are more dependable, have a large range of applications, and function quickly.

The land segment is expected to grow at the fastest CAGR during the projected timeframe.       

Based on the application, the global military actuators market is categorized as air, land, and naval. Among these, the land segment is expected to grow at the fastest CAGR during the projected timeframe. Rising homeland security worries, the need for sophisticated protection gear, and government efforts that have increased demand for military actuators are all to blame for this.

North America is projected to hold the largest share of the global military actuators market over the forecast period.

North America is projected to hold the largest share of the global military actuators market over the forecast period. The United States is the world's largest military spender and possesses the most sophisticated and extensive defense equipment, which has greatly aided in the expansion of the North American market.

Asia Pacific is expected to grow at the fastest CAGR growth of the global military actuators market during the forecast period.  Internal strife, national security concerns, and border disputes with adjacent nations, such as India and Pakistan, are some of the main drivers of industry expansion.

Company Profiling

Major vendors in the global military actuators market are AMETEK, Ultra Motion, Curtiss-Wright, Moog Inc., Nook Industries, Parker Hannifin, Beaver Aerospace & Defense, Arkwin Industries, Triumph Group, Whippany Actuation Systems, Temis SRL, EME Elektro-Metall, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development

• In May 2021, Marotta Controls declared that it has fully qualified its Custom Fin Control Actuation System (CAS) design project for Lockheed Martin, surpassing 20 military requirements at the component level. UAVs and UUVs are among the many uses for this electromechanical actuation system.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global military actuators market based on the below-mentioned segments: 

Global Military Actuators Market, By Type

• Linear Actuators
• Rotary Actuators

Global Military Actuators Market, By Application

• Air
• Land
• Naval

Global Military Actuators Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa