Global Thrust Vector Control market is anticipated to reach USD 12.5 billion in 2021 growing at a CAGR of 15.2% during the forecasting period, 2021-2028.
A thrust vector control system is used to control and change the direction of thrust of aircraft, rockets, and other Arial vehicles. It thus can control and regulate the altitude and angular velocity of the aircraft. For missile systems and rockets which escape out, the atmosphere has this system is the only and primary system for altitude control.
A surge in the number of launch vehicle and missile launches and increased research and advancement in the sector are some of the factors that have supported long-term expansion for the Thrust Vector Control industry.
The global Thrust Vector Control market is segmented into Technology, Application, System, and geography.
The technology segment is segmented into Gimbal Nozzle, Flex Nozzle, Thrusters, Rotating Nozzle
Application segment is segmented into Launch Vehicles, Missiles, Satellites & Fighter Aircraft
System segment is segmented into Actuation, Injection & Thruster
Geographically, the global Thrust Vector Control market is sub-segmented into North America, Europe, Asia-Pacific, Middle East, and Africa, and South America and insights are provided for each region and major countries within the regions
Key players in the global Thrust Vector Control market are 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) among others.
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Report Feature |
Descriptions |
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Market Revenue In 2021 |
USD 12.5 billion |
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Growth Rate |
CAGR of 15.2% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
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Report Segmentation |
Technology, Application, System, and Geography |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and the Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
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) |
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Available Customization |
In addition to the market data for the Thrust Vector Control market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement. |
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