Market Overview:
The global thrust vector control market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for thrust vector control systems in defense and aviation applications. Additionally, the increasing adoption of thrust vector control systems by emerging economies is also contributing to the growth of this market. However, factors such as high installation and maintenance costs are restraining the growth of this market. On the basis of type, gimbal nozzle accounted for a major share of the global thrust vector control market in 2017. This can be attributed to its ability to provide precise directional control over aircraft engines and thrusters.
Product Definition:
Thrust Vector Control (TVC) is a system on a rocket or spacecraft that allows the direction of the thrust to be controlled. This is important because it can help control the vehicle's orientation in space.
Gimbal Nozzle:
Gimbal nozzles are used to control the flow of a fluid in an engine. They are mounted on the outer surface of a cylinder head and help directing the exhaust gases upward towards the intake valves. The movement of gimbal nozzle can be changed by altering its position in three dimensions i.e.
Flex Nozzle:
The flex nozzle is a device that controls the flow of a fluid by applying pressure on the controlling part. It can be used in various applications such as air or gas control, fuel injection, and liquid control among others. The main function of this nozzle is to decrease or increase the velocity of a fluid with reference to its normal speed.
Application Insights:
The defense segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The growing need for thrust vector control systems in military aircraft to improve maneuverability, range, and payload capacity is projected to drive demand. Furthermore, increasing defense expenditure by countries such as U.S., China, India and Russia is likely to propel industry expansion over the coming years.
The aviation sector also accounted for a considerable share of industry revenue in 2017 owing to increased use of thrust vector controls on commercial aircrafts such as Airbus A320neo family and Boeing 737 MAX 8/9 series among others across several airlines globally including Air France-KLM Group; American Airlines; British Airways; Cathay Pacific Airways Ltd.; Finnair Holdings Helsinki Oyj.; Japan Airlines Co., Ltd.; LAN Chile S.A.
Regional Analysis:
North America accounted for the largest market share in 2017. The U.S., being a major aviation hub, is expected to witness significant growth over the forecast period owing to increasing demand for thrust vector control systems in commercial and military aircraft applications. Europe accounted for a significant market share in 2017 owing to high investments made by governments of Germany and France toward aerospace R&D activities, which is likely to boost regional product demand over the forecast period.
Asia Pacific is anticipated to register fastest CAGR from 2018 till 2030 due its rising focus on developing advanced defense equipment as well as space technology products such as reusable launch vehicles (RLVs) and robotic spacecrafts that can be controlled via remote operation from Earth or space-based platforms such as moon orbiters or Mars rovers etc., thereby driving regional product demand over the projected time frame.
Growth Factors:
- Increasing demand for unmanned aerial vehicles (UAVs) is expected to drive the Thrust Vector Control market growth.
- Growing popularity of space tourism is anticipated to boost the Thrust Vector Control market growth in the near future.
- Proliferation of advanced missile systems is projected to fuel the Thrust Vector Control market expansion over the forecast period.
- Rising number of satellite launches is estimated to propel the Thrust Vector Control market growth in forthcoming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thrust Vector Control Market Research Report
By Type
Gimbal Nozzle, Flex Nozzle, Thrusters, Rotating Nozzle
By Application
Aviation, Defense, Other
By Companies
Moog, Woodward, Honeywell International, United Technologies, Bae Systems, Orbital Atk, Parker-Hannifin Corporation, S.A.B.C.A., Dynetics, Sierra Nevada, Almatech Sa, Wickman Spacecraft & Propulsion Company, Jansen'S Aircraft Systems Controls
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Thrust Vector Control Market Report Segments:
The global Thrust Vector Control market is segmented on the basis of:
Types
Gimbal Nozzle, Flex Nozzle, Thrusters, Rotating Nozzle
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aviation, Defense, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Moog
- Woodward
- Honeywell International
- United Technologies
- Bae Systems
- Orbital Atk
- Parker-Hannifin Corporation
- S.A.B.C.A.
- Dynetics
- Sierra Nevada
- Almatech Sa
- Wickman Spacecraft & Propulsion Company
- Jansen'S Aircraft Systems Controls
Highlights of The Thrust Vector Control Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gimbal Nozzle
- Flex Nozzle
- Thrusters
- Rotating Nozzle
- By Application:
- Aviation
- Defense
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Thrust Vector Control Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Thrust vector control (TVC) is a flight control system that allows an aircraft to maintain its heading and altitude by altering the thrust of its engines.
Some of the key players operating in the thrust vector control market are Moog, Woodward, Honeywell International, United Technologies, Bae Systems, Orbital Atk, Parker-Hannifin Corporation, S.A.B.C.A., Dynetics, Sierra Nevada, Almatech Sa, Wickman Spacecraft & Propulsion Company, Jansen'S Aircraft Systems Controls.
The thrust vector control market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thrust Vector Control Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thrust Vector Control Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thrust Vector Control Market - Supply Chain
4.5. Global Thrust Vector Control Market Forecast
4.5.1. Thrust Vector Control Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thrust Vector Control Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thrust Vector Control Market Absolute $ Opportunity
5. Global Thrust Vector Control Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thrust Vector Control Market Size and Volume Forecast by Type
5.3.1. Gimbal Nozzle
5.3.2. Flex Nozzle
5.3.3. Thrusters
5.3.4. Rotating Nozzle
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thrust Vector Control Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thrust Vector Control Market Size and Volume Forecast by Application
6.3.1. Aviation
6.3.2. Defense
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thrust Vector Control Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thrust Vector Control Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thrust Vector Control Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thrust Vector Control Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thrust Vector Control Demand Share Forecast, 2019-2029
9. North America Thrust Vector Control Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thrust Vector Control Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thrust Vector Control Market Size and Volume Forecast by Application
9.4.1. Aviation
9.4.2. Defense
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thrust Vector Control Market Size and Volume Forecast by Type
9.7.1. Gimbal Nozzle
9.7.2. Flex Nozzle
9.7.3. Thrusters
9.7.4. Rotating Nozzle
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thrust Vector Control Demand Share Forecast, 2019-2029
10. Latin America Thrust Vector Control Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thrust Vector Control Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thrust Vector Control Market Size and Volume Forecast by Application
10.4.1. Aviation
10.4.2. Defense
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thrust Vector Control Market Size and Volume Forecast by Type
10.7.1. Gimbal Nozzle
10.7.2. Flex Nozzle
10.7.3. Thrusters
10.7.4. Rotating Nozzle
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thrust Vector Control Demand Share Forecast, 2019-2029
11. Europe Thrust Vector Control Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thrust Vector Control Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thrust Vector Control Market Size and Volume Forecast by Application
11.4.1. Aviation
11.4.2. Defense
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thrust Vector Control Market Size and Volume Forecast by Type
11.7.1. Gimbal Nozzle
11.7.2. Flex Nozzle
11.7.3. Thrusters
11.7.4. Rotating Nozzle
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thrust Vector Control Demand Share, 2019-2029
12. Asia Pacific Thrust Vector Control Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thrust Vector Control Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thrust Vector Control Market Size and Volume Forecast by Application
12.4.1. Aviation
12.4.2. Defense
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thrust Vector Control Market Size and Volume Forecast by Type
12.7.1. Gimbal Nozzle
12.7.2. Flex Nozzle
12.7.3. Thrusters
12.7.4. Rotating Nozzle
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thrust Vector Control Demand Share, 2019-2029
13. Middle East & Africa Thrust Vector Control Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thrust Vector Control Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thrust Vector Control Market Size and Volume Forecast by Application
13.4.1. Aviation
13.4.2. Defense
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thrust Vector Control Market Size and Volume Forecast by Type
13.7.1. Gimbal Nozzle
13.7.2. Flex Nozzle
13.7.3. Thrusters
13.7.4. Rotating Nozzle
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thrust Vector Control Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Thrust Vector Control Market: Market Share Analysis
14.2. Thrust Vector Control Distributors and Customers
14.3. Thrust Vector Control Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Moog
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Woodward
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Honeywell International
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. United Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bae Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Orbital Atk
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Parker-Hannifin Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. S.A.B.C.A.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dynetics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sierra Nevada
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Almatech Sa
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Wickman Spacecraft & Propulsion Company
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jansen'S Aircraft Systems Controls
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
