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Growing military spending is likely to stimulate innovation in the manufacturing of military actuators, boosting the market during the forecast period.

The global military actuators market is expected to grow from $1.33 billion in 2022 to $1.48 billion in 2023 at a compound annual growth rate (CAGR) of 11.10%. The global military actuators market size is expected to reach $2.20 billion in 2027 at a CAGR of 10.42%.

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Global Military Actuators Market Segments Include:

• By Type: Linear, Rotary
• By Component: Cylinders, Drives, Servo Valves, Manifolds, Other Components
• By System: Hydraulic Actuators, Electrical Actuators, Pneumatic Actuators, Electromechanical Actuators, Other Systems
• By Application: Land, Air, Sea
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global military actuators market in 2021.

Major Market Players in the military actuators market include Curtiss-Wright Corporation, Triumph Group, Moog Inc., Meggitt plc, Venture Mfg. Co., Parker-Hannifin Corporation, Kyntronics, Nook Industries Inc., Ametek Inc., Ultra Motion.

Product innovation is a significant trend that is gaining traction in the military actuators market. Major players in the military actuator industry are working on developing military actuators with more features and uses. For example, UAVOS Inc., a US-based developer of patented unmanned aerial, terrestrial, and aquatic vehicle systems, will unveil the new Xservo family of servo actuators in December 2020. It has an integrated CANopen/EtherCAT motion controller, which allows users to simplify development by eliminating the necessity for mechanical and electrical integration of a passive servo actuator with an external controller. The actuators are ideal for a wide range of spinning applications in unmanned aerial vehicles (UAVs).

The Military Actuators Global Market Report 2023  provides a military actuators market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The military actuators market forecast analyzes military actuators market size, military actuators market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Military actuators are those that are utilised in military devices and equipment to automate and move them. An actuator is a machine or system component that aids in the generation of mechanical force by converting energy, most commonly electrical, air, or hydraulic energy.

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