Product Code: ANV821
REPORT HIGHLIGHT
The global Thrust Vector Control (TVC) Systems market is estimated to be worth $XX million in 2021. Thrust Vector Control (TVC) Systems market is expected to expand at an 10.2% CAGR during the forecast period.
Market Introduction
Thrust vectoring or Thrust vector control or TVC is the capacity of an aircraft, rocket, or another vehicle to control the angular velocity or altitude of the vehicle by manipulating the direction of thrust from its engine or motor. The technique was created to allow aircraft to generate vertical thrust upward, allowing them to take off and land vertically. Following that, it was discovered that in combat settings, vectored thrust allowed aircraft to do a number of movements that were not possible with conventionally propelled planes. To perform turns, planes without thrust vectoring must rely solely on aerodynamic control surfaces like ailerons or elevators; planes with vectoring rely on control surfaces.
Market Dynamics
The primary drivers for the market's growth are increased adoption of thrust vector control in fighter aircraft to obtain dominance over enemy fighters during aerial combats, increased investment in space exploration programs, and growth in adoption of thrust vector control in the next guided missile systems. Furthermore, the increasing government investment in the military and defense sector accelerates the growth of the thrust vector control market. According to the United States Government Spending Analysis, the US government spent US$ 705 billion on the military in 2021. Such increased expenditure is projected to contribute to increased military aircraft production. The potential to improve the aircraft's mobility is a major benefit of deploying the TVC system in military aircraft. In addition, the technology provides shorter take-off and landing runs as well as a larger flight envelope. As a result, these factors are projected to propel the TVC system market forward over the forecast period. However, the level of intricacy necessitates the use of a qualified crew to create these TVCs. As a result, the market's expansion is likely to be hampered further by a scarcity of skilled labor.
Segmentation Analysis
The thrust Vector Control (TVC) Systems Market is segmented by technology, system, end-user, application, and geography. Based on technology, flex nose technology is expected to dominate the market during the forecast period. A flexible bearing constructed of an elastomeric material alternate with reinforcement rings made of metallic or composite material in the flex nozzle. The growth of this segment is mainly driven by growing flex nozzle implementation in missiles and satellite launchers due to their high actuation power and movable seals. The increasing need for maneuverable fighter aircraft will also help drive the market growth in the forecast period.
Competitive Landscape
Players in the global thrust vector control market collaborate and compete to achieve a significant market share in this moderately fragmented market. New product development, expansion, technological advancements, and operational efficiency initiatives are all important elements in market growth. The major players in the lucrative Thrust Vector Control (TVC) Systems market, industry players are relying on product launches, partnerships, agreements, mergers, and acquisitions to gain an early market entry and a large portion.
For instance, in 2019, a new lightweight and high-reliability thrust vector control (TVC) system was proposed for the launch vehicle based on the characteristics of the liquid oxygen kerosene engine. Moreover, companies are also looking to develop low-cost thrust vector control systems for small vehicles.
Key features of the study:
This proposed research study on Thrust Vector Control (TVC) Systems market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2022-2028), considering 2021 as the base year
The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Thrust Vector Control (TVC) Systems market.
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Thrust Vector Control (TVC) Systems market.
Impact of COVID-19 on Thrust Vector Control (TVC) Systems market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Thrust Vector Control (TVC) Systems market post-COVID will also be covered.
In order to give the users of this report a comprehensive view on the Thrust Vector Control (TVC) Systems market, we have also included competitive landscape and key innovator analysis for the Thrust Vector Control (TVC) Systems market
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the Thrust Vector Control (TVC) Systems market.
In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
The global Thrust Vector Control (TVC) Systems market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
Global Thrust Vector Control (TVC) Systems Market Key Players
Moog
Jansen Aircraft Systems Control
Honeywell International
SABCA
Woodward
BAE Systems
Wickman Spacecraft & Propulsion Company
Parker Hannifin
Sierra Nevada Corporation
Dynetics
Global Thrust Vector Control (TVC) Systems Market by Technology
Gimbal Nozzle
Flex Nozzle
Rotating Nozzle
Thrusters
Others
Global Thrust Vector Control (TVC) Systems Market by Application
Launch Vehicles
Missiles
Satellites
Fighter Aircraft
Global Thrust Vector Control (TVC) Systems Market by System
Actuation System
Injection System
Thruster System
Global Thrust Vector Control (TVC) Systems Market by End User
Space Agencies
Defense
Global Thrust Vector Control (TVC) Systems Market by Region
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
TABLE OF CONTENT
1. Thrust Vector Control (TVC) Systems Market Overview
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Market Snippet by Technology
- 2.1.2. Market Snippet by Application
- 2.1.3. Market Snippet by System
- 2.1.4. Market Snippet by End-user
- 2.1.5. Market Snippet by Country
- 2.1.6. Market Snippet by Region
- 2.2. Competitive Insights
3. Thrust Vector Control (TVC) Systems Key Market Trends
- 3.1. Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Future Trends
4. Thrust Vector Control (TVC) Systems Industry Study
- 4.1. Porter's Five Forces Analysis
- 4.2. Marketing Strategy Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Thrust Vector Control (TVC) Systems Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Thrust Vector Control (TVC) Systems Market Landscape
- 6.1. Market Share Analysis, 2020
- 6.2. Key Innovators Analysis
- 6.3. Breakdown Data, by Key Manufacturer
- 6.3.1. Established Players' Analysis
- 6.3.2. Emerging Players' Analysis
7. Thrust Vector Control (TVC) Systems Market - By Technology
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Technology, 2021 & 2028 (%)
- 7.1.2. Gimbal Nozzle
- 7.1.3. Flex Nozzle
- 7.1.4. Rotating Nozzle
- 7.1.5. Thrusters
- 7.1.6. Others
8. Thrust Vector Control (TVC) Systems Market - By Application
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Application, 2021 & 2028 (%)
- 8.1.2. Launch Vehicles
- 8.1.3. Missiles
- 8.1.4. Satellites
- 8.1.5. Fighter Aircraft
9. Thrust Vector Control (TVC) Systems Market - By System
- 9.1. Overview
- 9.1.1. Segment Share Analysis, By Technology, 2021 & 2028 (%)
- 9.1.2. Actuation System
- 9.1.3. Injection System
- 9.1.4. Thruster System
10. Thrust Vector Control (TVC) Systems Market - By End User
- 10.1. Overview
- 10.1.1. Segment Share Analysis, By Application, 2021 & 2028 (%)
- 10.1.2. Space Agencies
- 10.1.3. Defense
11. Thrust Vector Control (TVC) Systems Market- By Geography
- 11.1. Introduction
- 11.1.1. Segment Share Analysis, By Geography, 2021 & 2028 (%)
- 11.2. North America
- 11.2.1. Overview
- 11.2.2. Key Manufacturers in North America
- 11.2.3. North America Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
- 11.2.4. North America Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.2.5. North America Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.2.6. North America Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.2.7. North America Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.2.8. U.S.
- 11.2.8.1. Overview
- 11.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.2.8.3. U.S. Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.2.8.4. U.S. Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.2.8.5. U.S. Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.2.8.6. U.S. Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.2.9. Canada
- 11.2.9.1. Overview
- 11.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 1.1.1.1. Canada Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 1.1.1.2. Canada Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 1.1.1.3. Canada Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 1.1.1.4. Canada Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.3. Europe
- 11.3.1. Overview
- 11.3.2. Key Manufacturers in Europe
- 11.3.3. Europe Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
- 11.3.4. Europe Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.3.5. Europe Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.3.6. Europe Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.3.7. Europe Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.3.8. Germany
- 11.3.8.1. Overview
- 11.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.3.8.3. Germany Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.3.8.4. Germany Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.3.8.5. Germany Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.3.8.6. Germany Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.3.9. Italy
- 11.3.9.1. Overview
- 11.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.3.9.3. Italy Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.3.9.4. Italy Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.3.9.5. Italy Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.3.9.6. Italy Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.3.10. United Kingdom
- 11.3.10.1. Overview
- 11.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.3.10.3. United Kingdom Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.3.10.4. United Kingdom Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.3.10.5. United Kingdom Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.3.10.6. United Kingdom Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.3.11. France
- 11.3.11.1. Overview
- 11.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.3.11.3. France Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.3.11.4. France Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.3.11.5. France Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.3.11.6. France Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.3.12. Rest of Europe
- 11.3.12.1. Overview
- 11.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.3.12.3. Rest of the Europe Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.3.12.4. Rest of the Europe Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.3.12.5. Rest of the Europe Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.3.12.6. Rest of the Europe Market Size and Forecast, By End-User, 2017 - 2028 (US$ Million)
- 11.4. Asia Pacific (APAC)
- 11.4.1. Overview
- 11.4.2. Key Manufacturers in Asia Pacific
- 11.4.3. Asia Pacific Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
- 11.4.4. Asia Pacific Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.4.5. Asia Pacific Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.4.6. Asia Pacific Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.4.7. Asia Pacific Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.4.8. India
- 11.4.8.1. Overview
- 11.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.4.8.3. India Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.4.8.4. India Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.4.8.5. India Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.4.8.6. India Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.4.9. China
- 11.4.9.1. Overview
- 11.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.4.9.3. China Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.4.9.4. China Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.4.9.5. China Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.4.9.6. China Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.4.10. Japan
- 11.4.10.1. Overview
- 11.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.4.10.3. Japan Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.4.10.4. Japan Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.4.10.5. Japan Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.4.10.6. Japan Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.4.11. South Korea
- 11.4.11.1. Overview
- 11.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.4.11.3. South Korea Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.4.11.4. South Korea Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.4.11.5. South Korea Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.4.11.6. South Korea Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.4.12. Rest of APAC
- 11.4.12.1. Overview
- 11.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.4.12.3. Rest of APAC Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.4.12.4. Rest of APAC Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.4.12.5. Rest of APAC Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.4.12.6. Rest of APAC Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.5. Latin America
- 11.5.1. Overview
- 11.5.2. Key Manufacturers in Latin America
- 11.5.3. Latin America Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
- 11.5.4. Latin America Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.5.5. Latin America Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.5.6. Latin America Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.5.7. Latin America Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.5.8. Brazil
- 11.5.8.1. Overview
- 11.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.5.8.3. Brazil Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.5.8.4. Brazil Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.5.8.5. Brazil Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.5.8.6. Brazil Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.5.9. Mexico
- 11.5.9.1. Overview
- 11.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.5.9.3. Mexico Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.5.9.4. Mexico Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.5.9.5. Mexico Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.5.9.6. Mexico Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.5.10. Argentina
- 11.5.10.1. Overview
- 11.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.5.10.3. Argentina Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.5.10.4. Argentina Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.5.10.5. Argentina Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.5.10.6. Argentina Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.5.11. Rest of LATAM
- 11.5.11.1. Overview
- 11.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.5.11.3. Rest of LATAM Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.5.11.4. Rest of LATAM Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.5.11.5. Rest of LATAM Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.5.11.6. Rest of LATAM Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.6. Middle East and Africa
- 11.6.1. Overview
- 11.6.2. Key Manufacturers in Middle East and Africa
- 11.6.3. Middle East and Africa Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
- 11.6.4. Middle East and Africa Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.6.5. Middle East and Africa Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.6.6. Middle East and Africa Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.6.7. Middle East and Africa Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.6.8. Saudi Arabia
- 11.6.8.1. Overview
- 11.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.6.8.3. Saudi Arabia Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.6.8.4. Saudi Arabia Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.6.8.5. Saudi Arabia Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.6.8.6. Saudi Arabia Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 11.6.9. United Arab Emirates
- 11.6.9.1. Overview
- 11.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 11.6.9.3. United Arab Emirates Market Size and Forecast, By Technology, 2017 - 2028 (US$ Million)
- 11.6.9.4. United Arab Emirates Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 11.6.9.5. United Arab Emirates Market Size and Forecast, By System, 2017 - 2028 (US$ Million)
- 11.6.9.6. United Arab Emirates Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
12. Key Vendor Analysis
- 12.1. Competitive Dashboard
- 12.2. Company Profiles
- 12.2.1. Moog
- 12.2.2. Jansen Aircraft Systems Control
- 12.2.3. Honeywell International
- 12.2.4. SABCA
- 12.2.5. Woodward
- 12.2.6. BAE Systems
- 12.2.7. Wickman Spacecraft & Propulsion Company
- 12.2.8. Parker Hannifin
- 12.2.9. Sierra Nevada Corporation
- 12.2.10. Dynetics
13. 360 Degree Analyst View
14. Appendix
- 14.1. Research Methodology
- 14.2. References
- 14.3. Abbreviations
- 14.4. Disclaimer
- 14.5. Contact Us