Aviation Actuator System Market Expected to Reach US$ 2283.9 Mn by 2026
According to a new report on the aviation actuator system market, published by Transparency Market Research, the global aviation actuator system market is expected to reach value of US$ 2283.9 Mn by 2026, expanding at a CAGR of 6.4% from 2018 to 2026. According to the report, the global market is likely to continue to be influenced by a range of macroeconomic and market-specific factors. In terms of demand, Asia Pacific is projected to continue to lead the global market, with the market in the region expanding at a CAGR of 7.3% between 2018 and 2026. Rising demand for defense aircraft driving the global aviation actuator system market The global aviation actuator system market has witnessed strong growth over the last decade. The primary factor driving the market is rising demand for defense aircraft worldwide. In the wake of growing security concerns, increasing military capabilities by countries across the globe, and increasing expenditure on the defense sector, ...