Naval Actuator Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Naval Actuator Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of the Naval actuators and valves Market
The naval actuators and valves market size was valued at USD 2.69 billion in 2022, and the market is now projected to grow from USD 2.55 billion in 2023 to USD 3.80 billion by 2030, exhibiting a CAGR of 5.84% during the forecast period of 2023-2030.
The COVID-19 pandemic extensively impacted the naval actuators and valves marketplace, ordinarily through disruptions inside the global supply chain and delays in manufacturing and shipping schedules. The reduction in protection budgets and the postponement of naval projects similarly strained the naval actuators and valves market growth. Additionally, regulations on motion and lockdowns hindered renovation and set up sports. However, the marketplace confirmed resilience as a call for the modernization of naval fleets and investments in automation technology for far-flung operations endured, pushed by way of the necessity to maintain naval readiness and operational capabilities notwithstanding the pandemic-induced demanding situations.
Key driving factors within the naval actuators and valves market consist of the growing demand for modernization and upgrading of current naval fleets to enhance operational efficiency and fight readiness. The growing geopolitical tensions and protection spending by using nations to reinforce their maritime safety contribute notably to naval actuators and valves market share. Technological advancements, together with the mixing of smart actuators and valves with IoT capabilities for actual-time monitoring and management, additionally drive call for. Additionally, the focus on decreasing preservation fees and enhancing the longevity and reliability of naval systems fuels investments in advanced actuators and valves.
Additionally, current developments inside the naval actuators and valves marketplace encompass a growing emphasis on automation and digitalization, with increased adoption of clever actuators and valves integrated with IoT and AI for more desirable management and predictive preservation. There is also a fashion in the direction of lightweight and corrosion-resistant materials to improve efficiency and sturdiness in harsh marine environments. Additionally, the push for energy-efficient and environmentally friendly solutions is leading to innovations in electric and hybrid actuators, as well as valves designed to minimize environmental effects. The marketplace is likewise seeing an upward thrust in strategic partnerships and collaborations to force technological improvements and increase product portfolios.
Comprehensive Analysis of the Naval actuators and valves Market
The naval actuators and valves market is segmented via type, application, and region. By type, it includes linear and rotary actuators, as well as diverse sorts of valves inclusive of ball, butterfly, and gate valves. Application segmentation covers floor vessels, submarines, and unmanned underwater cars, reflecting the diverse operational needs in the naval area. Regional segmentation encompasses North America, Europe, Asia-Pacific, and the rest of the sector, with North America and Europe leading due to vast defence budgets and technological improvements, while the Asia-Pacific vicinity shows fast growth driven through growing naval modernization packages.
North America leads the naval actuators and valves market, pushed via big defence budgets and ongoing investments in naval modernization and technological advancements. The presence of the most important market gamers and superior production talents within the United States substantially contributed to this leadership. Additionally, the place's cognizance of improving naval skills, coupled with strategic initiatives and non-stop research and development ensures strong demand and dominant position.
The naval actuators and valves marketplace is ruled by numerous key gamers established in distinctive regions. Emerson Electric Co. (USA), is a prime player recognized for its tremendous variety of automation answers. Rotork (England), makes a speciality of actuators and float control products. Moog Inc. (USA), is famous for its precision control additives. Flowserve Corporation (USA), provides comprehensive waft management services and products. Lastly, Honeywell International Inc. (USA), also performs a huge position with its advanced management technologies.
In March 2024, Rotork per cent announced the release of their ultra-modern variety of electric actuators geared up with advanced clever technology. These new actuators feature IoT integration for real-time monitoring and diagnostics, facilitating predictive preservation and improving operational performance. This improvement addresses the developing demand for automated and digitally related solutions in the naval region, aiming to lessen downtime and enlarge the lifespan of important naval structures. This launch underscores the enterprise's shift in the direction of greater digitalization and the adoption of smart technologies in naval operations.
Segmentation Table
Global Naval actuators and valves Market Scope
Study Period 2019-2030
Base Year 2022
Forecast Period 2023-2030
Growth Rate CAGR of 5.84% from 2023-2030
Historical Period 2019-2021
Unit Value (USD Billion)
Segmentation By platform, Type, application, and Region
By platform Aircraft carriers
Destroyers
Frigates
Corvettes
Offshore Patrol Vehicles
Others
By Type Linear Actuators
Rotary Actuators
By application
Propulsion System Valve Control
Weapon Handling & Release System
Carrier Flight Deck Operations
Radar Deployment Operations
Navigation System
Others
By Region North America (By Platform, Type, System, Component, Application and Country)
- U.S. (By Application)
- Canada (By Application)
Europe (By Platform, Type, System, Component, Application and Country)
- U.K. (By Application)
- Germany (By Application)
- France (By Application)
- Spain (By Application)
- Italy (By Application)
- Russia (By Application)
- Rest of Europe (By Application)
Asia Pacific (By Platform, Type, System, Component, Application and Country)
- China (By Application)
- India (By Application)
- Japan (By Application)
- South Korea (Application)
- Australia (Application)
- Rest of Asia Pacific (By Application)
Rest of the World (By Platform, Type, System, Component, Application and Country)
- The Middle East & Africa (By Application)
- Latin America (By Application)
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Table of Contents
150 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Industry Developments – Key Contracts & Agreements, Mergers, Acquisitions and Partnerships
- 4.2. Latest technological Advancements
- 4.3. Porters Five Forces Analysis
- 4.4. Supply Chain Analysis
- 4.5. Impact of Russia Ukraine War Analysis on Global Military Antenna Market
- 5. Global Military Antenna Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Definitions
- 5.2. Market Analysis, Insights and Forecast – By Frequency
- 5.2.1. High Frequency
- 5.2.2. Ultra-High Frequency
- 5.2.3. Super High Frequency
- 5.2.4. Extremely High Frequency
- 5.3. Market Analysis, Insights and Forecast – By Type
- 5.3.1. Dipole Antenna
- 5.3.2. Aperture Antenna
- 5.3.3. Travelling Wave Antenna
- 5.3.4. Loop Antenna
- 5.3.5. Array Antenna
- 5.4. Market Analysis, Insights and Forecast – By Platform
- 5.4.1. Airborne
- 5.4.2. Marine
- 5.4.3. Ground
- 5.5. Market Analysis, Insights and Forecast – By Application
- 5.5.1. Communication
- 5.5.2. Surveillance
- 5.5.3. SATCOM
- 5.5.4. Electronic Warfare
- 5.5.5. Telemetry
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia-pacific
- 5.6.4. Rest of the world
- 6. North America Military Antenna Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Market Analysis, Insights and Forecast – By Frequency
- 6.1.1. High Frequency
- 6.1.2. Ultra-High Frequency
- 6.1.3. Super High Frequency
- 6.1.4. Extremely High Frequency
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Dipole Antenna
- 6.2.2. Aperture Antenna
- 6.2.3. Travelling Wave Antenna
- 6.2.4. Loop Antenna
- 6.2.5. Array Antenna
- 6.3. Market Analysis, Insights and Forecast – By Platform
- 6.3.1. Airborne
- 6.3.2. Marine
- 6.3.3. Ground
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Communication
- 6.4.2. Surveillance
- 6.4.3. SATCOM
- 6.4.4. Electronic Warfare
- 6.4.5. Telemetry
- 6.5. Market Analysis – By Country
- 6.5.1. The U.S.
- 6.5.1.1. Market Analysis, Insights and Forecast – By Platform
- 6.5.1.1.1. Airborne
- 6.5.1.1.2. Marine
- 6.5.1.1.3. Ground
- 6.5.2. Canada
- 6.5.2.1. Market Analysis, Insights and Forecast – By Platform
- 6.5.2.1.1. Airborne
- 6.5.2.1.2. Marine
- 6.5.2.1.3. Ground
- 7. Europe Military Antenna Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Market Analysis, Insights and Forecast – By Frequency
- 7.1.1. High Frequency
- 7.1.2. Ultra-High Frequency
- 7.1.3. Super High Frequency
- 7.1.4. Others
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Dipole Antenna
- 7.2.2. Aperture Antenna
- 7.2.3. Travelling Wave Antenna
- 7.2.4. Loop Antenna
- 7.2.5. Array Antenna
- 7.3. Market Analysis, Insights and Forecast – By Platform
- 7.3.1. Airborne
- 7.3.2. Marine
- 7.3.3. Ground
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Communication
- 7.4.2. Surveillance
- 7.4.3. SATCOM
- 7.4.4. Electronic Warfare
- 7.4.5. Telemetry
- 7.5. Market Analysis – By Country
- 7.5.1. The U.K.
- 7.5.1.1. Market Analysis, Insights and Forecast – By Platform
- 7.5.1.1.1. Airborne
- 7.5.1.1.2. Marine
- 7.5.1.1.3. Ground
- 7.5.2. Germany
- 7.5.2.1. Market Analysis, Insights and Forecast – By Platform
- 7.5.2.1.1. Airborne
- 7.5.2.1.2. Marine
- 7.5.2.1.3. Ground
- 7.5.3. France
- 7.5.3.1. Market Analysis, Insights and Forecast – By Platform
- 7.5.3.1.1. Airborne
- 7.5.3.1.2. Marine
- 7.5.3.1.3. Ground
- 7.5.4. Russia
- 7.5.4.1. Market Analysis, Insights and Forecast – By Platform
- 7.5.4.1.1. Airborne
- 7.5.4.1.2. Marine
- 7.5.4.1.3. Ground
- 7.5.5. Rest of Europe
- 7.5.5.1. Market Analysis, Insights and Forecast – By Platform
- 7.5.5.1.1. Airborne
- 7.5.5.1.2. Marine
- 7.5.5.1.3. Ground
- 8. Asia Pacific Military Antenna Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Market Analysis, Insights and Forecast – By Frequency
- 8.1.1. High Frequency
- 8.1.2. Ultra-High Frequency
- 8.1.3. Super High Frequency
- 8.1.4. Extremely High Frequency
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Dipole Antenna
- 8.2.2. Aperture Antenna
- 8.2.3. Travelling Wave Antenna
- 8.2.4. Loop Antenna
- 8.2.5. Array Antenna
- 8.3. Market Analysis, Insights and Forecast – By Platform
- 8.3.1. Airborne
- 8.3.2. Marine
- 8.3.3. Ground
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Communication
- 8.4.2. Surveillance
- 8.4.3. SATCOM
- 8.4.4. Electronic Warfare
- 8.4.5. Telemetry
- 8.5. Market Analysis – By Country
- 8.5.1. China
- 8.5.1.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.1.1.1. Airborne
- 8.5.1.1.2. Marine
- 8.5.1.1.3. Ground
- 8.5.2. India
- 8.5.2.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.2.1.1. Airborne
- 8.5.2.1.2. Marine
- 8.5.2.1.3. Ground
- 8.5.3. Japan
- 8.5.3.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.3.1.1. Airborne
- 8.5.3.1.2. Marine
- 8.5.3.1.3. Ground
- 8.5.4. South Korea
- 8.5.4.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.4.1.1. Airborne
- 8.5.4.1.2. Marine
- 8.5.4.1.3. Ground
- 8.5.5. Australia
- 8.5.5.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.5.1.1. Airborne
- 8.5.5.1.2. Marine
- 8.5.5.1.3. Ground
- 8.5.6. Rest of Asia Pacific
- 8.5.6.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.6.1.1. Airborne
- 8.5.6.1.2. Marine
- 8.5.6.1.3. Ground
- 9. Rest of the World Military Antenna Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Market Analysis, Insights and Forecast – By Frequency
- 9.1.1. High Frequency
- 9.1.2. Ultra-High Frequency
- 9.1.3. Super High Frequency
- 9.1.4. Extremely High Frequency
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Dipole Antenna
- 9.2.2. Aperture Antenna
- 9.2.3. Travelling Wave Antenna
- 9.2.4. Loop Antenna
- 9.2.5. Array Antenna
- 9.3. Market Analysis, Insights and Forecast – By Platform
- 9.3.1. Airborne
- 9.3.2. Marine
- 9.3.3. Ground
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Communication
- 9.4.2. Surveillance
- 9.4.3. SATCOM
- 9.4.4. Electronic Warfare
- 9.4.5. Telemetry
- 9.5. Market Analysis – By Sub-Region
- 9.5.1. Latin America
- 9.5.1.1. Market Analysis, Insights and Forecast – By Platform
- 9.5.1.1.1. Airborne
- 9.5.1.1.2. Marine
- 9.5.1.1.3. Ground
- 9.5.2. Middle East and Africa
- 9.5.2.1. Market Analysis, Insights and Forecast – By Platform
- 9.5.2.1.1. Airborne
- 9.5.2.1.2. Marine
- 9.5.2.1.3. Ground
- 10. Competitive Analysis
- 10.1. Competition Dashboard
- 10.2. Global Military Antenna Market Revenue Market Ranking Analysis by Key Players, 2023
- 11. Company Profiles
- 11.1. Antcom Corporation (The U.S.)
- 11.1.1. Company Overview
- 11.1.2. Business Overview
- 11.1.3. Product Portfolio
- 11.1.4. Financials (Data as available in public domain and/or on paid databases)
- 11.1.5. Recent Developments
- 11.1.6. SWOT Analysis
- 11.2. Cobham Limited (The U.S.)
- 11.2.1. Company Overview
- 11.2.2. Business Overview
- 11.2.3. Product Portfolio
- 11.2.4. Financials (Data as available in public domain and/or on paid databases)
- 11.2.5. Recent Developments
- 11.2.6. SWOT Analysis
- 11.3. Comrod Communication AS (Norway)
- 11.3.1. Company Overview
- 11.3.2. Business Overview
- 11.3.3. Product Portfolio
- 11.3.4. Financials (Data as available in public domain and/or on paid databases)
- 11.3.5. Recent Developments
- 11.3.6. SWOT Analysis
- 11.4. Eylex Pty Ltd. (Australia)
- 11.4.1. Company Overview
- 11.4.2. Business Overview
- 11.4.3. Product Portfolio
- 11.4.4. Financials (Data as available in public domain and/or on paid databases)
- 11.4.5. Recent Developments
- 11.4.6. SWOT Analysis
- 11.5. Hascall-Denke (The U.S.)
- 11.5.1. Company Overview
- 11.5.2. Business Overview
- 11.5.3. Product Portfolio
- 11.5.4. Financials (Data as available in public domain and/or on paid databases)
- 11.5.5. Recent Developments
- 11.5.6. SWOT Analysis
- 11.6. Lockheed Martin Corporation (The U.S.)
- 11.6.1. Company Overview
- 11.6.2. Business Overview
- 11.6.3. Product Portfolio
- 11.6.4. Financials (Data as available in public domain and/or on paid databases)
- 11.6.5. Recent Developments
- 11.6.6. SWOT Analysis
- 11.7. MTI Wireless Edge Ltd. (Israel)
- 11.7.1. Company Overview
- 11.7.2. Business Overview
- 11.7.3. Product Portfolio
- 11.7.4. Financials (Data as available in public domain and/or on paid databases)
- 11.7.5. Recent Developments
- 11.7.6. SWOT Analysis
- 11.8. Raytheon Technologies Corporation (The U.S.)
- 11.8.1. Company Overview
- 11.8.2. Business Overview
- 11.8.3. Product Portfolio
- 11.8.4. Financials (Data as available in public domain and/or on paid databases)
- 11.8.5. Recent Developments
- 11.8.6. SWOT Analysis
- 11.9. Rohde & Schwarz GmbH & Co. KG (Germany)
- 11.9.1. Company Overview
- 11.9.2. Business Overview
- 11.9.3. Product Portfolio
- 11.9.4. Financials (Data as available in public domain and/or on paid databases)
- 11.9.5. Recent Developments
- 11.9.6. SWOT Analysis
- 11.10. L3Harris Technologies, Inc. (The U.S.)
- 11.10.1. Company Overview
- 11.10.2. Business Overview
- 11.10.3. Product Portfolio
- 11.10.4. Financials (Data as available in public domain and/or on paid databases)
- 11.10.5. Recent Developments
- 11.10.6. SWOT Analysis
- 11.11. Terma A/S (Denmark)
- 11.11.1. Company Overview
- 11.11.2. Business Overview
- 11.11.3. Product Portfolio
- 11.11.4. Financials (Data as available in public domain and/or on paid databases)
- 11.11.5. Recent Developments
- 11.11.6. SWOT Analysis
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