Market Share of Military Actuators Industry
The military actuator market is fragmented, with many players that support various military programs. Some of the prominent players in the military actuators market include Raytheon Technologies Corporation, Curtiss-Wright Corporation, Nook Industries Inc., Kyntronics, and Moog Inc. Established players like Moog Inc., Curtiss-Wright Corporation, and Nook Industries Inc. provide actuators to aircraft programs, unmanned programs, armored vehicles, and surface vehicles. Many players are focusing on forming partnerships with defense original equipment manufacturers (OEMs) to provide actuators for their military platforms. For instance, in January 2022, Moog Actuation, a part of Moog Inc., announced that it would provide precision motion control for Gremlin's Air Recovery Mission. As part of the test for the Defense Advanced Research Agency (DARPA) for unmanned aviation, the company provided advanced avionic technologies to the program. Such developments are anticipated to boost the growth of companies in the coming years.
Military Actuators Market Leaders
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Raytheon Technologies Corporation
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Curtiss-Wright Corporation
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Moog Inc.
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Nook Industries, Inc.
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Kyntronics
*Disclaimer: Major Players sorted in no particular order
