What Happened
Global Demand for Retraction Actuators Driven by Commercial Aircraft Production
The global aircraft retraction actuators market is expected to grow at a CAGR of 5.3% from 2026 to 2036, driven by increasing demand for commercial aircraft and the need for reliable and efficient landing gear systems. Hydraulic retraction actuators are currently the dominant type, but electric and electro-hydraulic designs are gaining ground. The market is led by companies such as Parker Aerospace, Collins Aerospace, and Safran Landing Systems, which have established themselves as major players in the industry. According to a report by Future Market Insights, the market is projected to reach $6.7 billion by 2036, with commercial aircraft accounting for the largest share.