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Thrust Vector Control Market by Technology, Application, System, and Region - Global Forecast to 2022

Thrust Vector Control Market: Global Forecast until 2022

  • May 2017
  • 149 pages
  • ID: 4916097
In this report:
The Thrust Vector Control (TVC) market is a niche market and is expected to grow at a CAGR of ##.##% from 2017 to 2022.
The thrust vector thruster system segment is expected to grow at the highest CAGR of ##.##% during the forecast period.
The Asia-Pacific thrust vector control market is expected to grow at a CAGR of ##.##% during the forecasted period.

Summary

Table of Contents

Search Inside

"Thrust vector control increases the maneuverability of fighter aircraft."

The thrust vector control market is forecasted to grow from ~$8.4B in 2017 to ~$13.8B by 2022, at a compound annual growth rate of ~10.4 percent between 2017 and 2022. Increased adoption of thrust vector control in next-generation guided missile systems especially in intercontinental ballistic missile and long-range missiles, growing investments in space exploration programs and satellites launches, and increase in production and acquisition of super maneuverable fighter aircraft are driving the increase of the thrust vector control market.

"The flex nozzle market segment is estimated to result the industry during the outlook period."

Established on technology, the flex nozzle market segment is estimated to result the sector during the estimate period. The increase of this segment can be accredited 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 intended to witness the highest rise during the outlook period."

Established on final user, the space agencies segment is forecasted to witness the highest increase from period 2017 to 2022. With growth in the number of satellites being launched, the number of launch vehicles is also rising. Also satellite launches, significant amount is being spent on space exploration programs, thus driving the industry in space agencies segment.

"North America continent was the largest industry for thrust vector control market in 2016."

North America (NA) was the biggest market for thrust vector control in 2016. Growing R&D and procurement of super maneuverable fighter aircraft, rised space research leading to greater number of launch vehicles being used, and rise in satellite launches are driving the increase of the thrust vector control market in North America continent.

Distribution of profile of primary members taking part in the thrust vector control market:

• By Company category: Tier 1 - 30.0 percent, Tier 2 - 35.0 percent, and Tier 3 - 35.0 percent

• By Description: C-suite - 32.0 percent, D-level - 38.0 percent, and Others - 30.0 percent

• By Area: North America (NA) - 27.0 percent, EU - 18.0 percent, Asia-Pac - 46.0 percent, and rest of the world - 9.0 percent

Main firms decribed in the study contain Honeywell (NYSE:HON), Moog, Incorporated, Woodward, Incorporated, Jansen Aircraft Systems Control, Incorporated, BAE Systels (BAESF), Wickman Spacecraft & Propulsion Company, Parker Hannifin, Incorporated, Sierra Nevada Corporation, Dynetics, Incorporated, and SABCA.

Segment Research

This market report classifies the thrust vector control market established on technology (gimbal nozzle, flex nozzle, thrusters, rotating nozzles, others), application (launch vehicles, missiles, satellites, fighter aircraft), system (actuation, injection, thruster), end-user. These segments and sub-segments are mapped across main regions, that is, North America continent, Europe (EU), Asia Pacific (APAC), and Rest of the globe.

Why acquiring this study can help you:

From an insight prospect, this market research highlights on different levels of analyses -industry review, market share research of top players, supply chain research, and company descriptions, which together comprise and examine basic views on the competitive landscape, coming out and high-growth segments of the thrust vector control market, high-growth areas, and sector drivers, market restraints, opportunities, and alternatives.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on thrust vector control provided by key players in the sector

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the thrust vector control market

• Market Development: Highlighted information about lucrative sectors - the market research examines the thrust vector control market across different regions

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the thrust vector control market

• opposing assessment: Detailed assessment of market shares, increase strategies, products, and manufacturing competences of key players in the thrust vector control market

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