“Thrust vector control increases the maneuverability of fighter aircraft.” The thrust vector control market is projected to grow from USD 8.39 billion in 2017 to USD 13.77 billion by 2022, at a CAGR of 10.41% from 2017 to 2022. Increased adoption of thrust vector control in next-generation guided missile systems especially in intercontinental ballistic missile and long-range missiles, increasing investments in space exploration programs and satellites launches, and growth in production and acquisition of super maneuverable fighter aircraft are driving the growth of the thrust vector control market.
“The flex nozzle market segment is estimated to lead the market during the forecast period.” Based on technology, the flex nozzle market segment is estimated to lead the market during the forecast period. The growth of this segment can be attributed to the increased implementation in satellite launchers and missiles, which require guidance or steering to fly along a programmed trajectory.
“The space agencies segment is projected to witness the highest growth during the forecast period.” Based on end user, the space agencies segment is projected to witness the highest growth from period 2017 to 2022. With increase in the number of satellites being launched, the number of launch vehicles is also increasing. Besides satellite launches, significant amount is being spent on space exploration programs, thus driving the market in space agencies segment.
“North America was the largest market for thrust vector control market in 2016.” North America was the largest market for thrust vector control in 2016. Increasing R&D and procurement of super maneuverable fighter aircraft, increased space research leading to greater number of launch vehicles being used, and increase in satellite launches are driving the growth of the thrust vector control market in North America.
Break-up of profile of primary participants in the thrust vector control market:
• By Company Type: Tier 1 – 30%, Tier 2 – 35%, and Tier 3 – 35% • By Designation: C Level – 32%, Director Level – 38%, and Others – 30% • By Region: North America - 27%, Europe – 18%, Asia-Pacific – 46%, and RoW – 9%
Major companies profiled in the report include Honeywell International, Inc. (U.S.), Moog, Inc. (U.S.), Woodward, Inc. (U.S.), Jansen Aircraft Systems Control, Inc. (U.S.), BAE Systems (U.K.), Wickman Spacecraft & Propulsion Company (U.S.), Parker Hannifin, Inc. (U.S.), Sierra Nevada Corporation (U.S.), Dynetics, Inc. (U.S.), and SABCA (Belgium).
This research report categorizes the thrust vector control market based on technology (gimbal nozzle, flex nozzle, thrusters, rotating nozzles, others), application (launch vehicles, missiles, satellites, fighter aircraft), system (actuation, injection, thruster), end user (space agencies, defense). These segments and subsegments are mapped across major regions, namely, North America, Europe, Asia-Pacific, and Rest of the World (RoW).
Reasons to buy this report: From an insight perspective, this research report focuses on various levels of analyses —industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss basic views on the competitive landscape, emerging and high-growth segments of the thrust vector control market, high-growth regions, and market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers: • Market Penetration: Comprehensive information on thrust vector control offered by top players in the market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the thrust vector control market
• Market Development: Comprehensive information about lucrative markets – the report analyzes the thrust vector control market across varied regions
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the thrust vector control market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the thrust vector control market
Our reports have been used by over 10K customers, including:
The radome market is estimated at USD 1.7 billion in 2021 and is projected to reach USD 3.3 billion by 2026, at a CAGR of 15.0% from 2021 to 2026. The radome market is growing at a significant rate across the world, and a similar trend is expected to be observed during the forecast period. The Advancements in composite materials technology...
The airborne radars market is projected to grow from USD 4.1 billion in 2020 to USD 6.0 billion by 2025, at a CAGR of 8.0% from 2020 to 2025. The market is driven by factors such as the rising demand for phased array radars for better operational efficiency during air surveillance, border surveillance, and commercial applications. The airborne...
The air-to-air refueling market size is projected to grow from an estimated USD 501 million in 2020 to USD 851 million by 2025, at a CAGR of 11.2% during the forecast period. Increasing demand for air-to-air refueling systems to support overseas deployments, increased defense expenditure of countries, development of advanced aerial tankers,...
Increased demand for customized SATCOM on-the-move solutions is one of the major factors driving the airborne SATCOM market The airborne SATCOM market size is projected to grow from USD 5.8 billion in 2019 to USD 7.8 billion by 2025, at a CAGR of 5.1% from 2019 to 2025. The growing fleet of commercial and combat aircraft,...
Increasing use of flight simulators for virtual training to ensure aviation safety is driving market growth The flight simulator market size is projected to grow from USD 5.7 billion in 2019 to USD 7.7 billion by 2025, at a CAGR of 5.2% during the forecast period. The market is driven by various factors, such as the rising demand for commercial...
Summary The Boeing Company (Boeing) is an aerospace company, which manufactures commercial jetliners; and space, defense and security systems. It develops, designs, manufactures, services and integrates military platforms and defense systems; and advanced technology solutions. Boeing’s solutions include commercial and military aircraft;...
“The environmental control systems market is projected to grow at a CAGR of 4.34% from 2016 to 2022” The environmental control systems market is estimated to grow from USD 3.27 billion in 2016 to USD 4.22 billion by 2022, at a CAGR of 4.34% from 2016 to 2022. Increase in air traffic, especially in the Asia-Pacific and European regions,...
TAWS market is estimated to grow at a CAGR of 5.8% between 2016 and 2022 According to the new market research report on TAWS, this market is expected to be worth USD 253.0 million by 2022, growing at a CAGR of 5.8% between 2016 and 2022. The growth of this market can be attributed to increase in the number of fleet, paradigm...
The military aerospace coatings market is projected to grow at a CAGR of 4.69% from 2018 to 2023. The military aerospace coatings market is projected to grow from USD 310.7 million in 2018 to USD 390.7 million by 2023, at a CAGR of 4.69% between 2018 and 2023. The growing demand from user types, such as OEMs and MROs for...
Gross Domestic Product
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.