Global Thrust Vector Control Industry

Global Thrust Vector Control Industry

  • October 2019 •
  • 143 pages •
  • Report ID: 5799805 •
  • Format: PDF
Thrust Vector Control market worldwide is projected to grow by US$8.6 Billion, driven by a compounded growth of 10.1%. Gimbal Nozzle, one of the segments analyzed and sized in this study, displays the potential to grow at over 10.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$3.6 Billion by the year 2025, Gimbal Nozzle will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 11.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$384.7 Million to the region’s size and clout in the next 5 to 6 years. Over US$400.7 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Gimbal Nozzle will reach a market size of US$396.4 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9.6% over the next couple of years and add approximately US$1.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, Almatech SA; BAE Systems PLC; Dynetics, Inc.; Honeywell International, Inc.; Jansen’s Aircraft Systems Controls Inc.; Moog, Inc.; Orbital ATK, Inc.; Parker-Hannifin Corporation; S.A.B.C.A. SA; Sierra Nevada Corporation; United Technologies Corporation (UTC); Wickman Spacecraft & Propulsion Company (WSPC); Woodward, Inc.