Thrust Vector Control System (TVC) Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2025
11th September 2018 - Global Thrust
Vector Control System (TVC) Market is expected to grow at a
significant CAGR in the upcoming years as the scope and its applications are
increasing across the globe. The factors that propel the growth of the market
include increasing demand, rapid urbanization & industrialization, and product
development & technological innovations.
On
the other hand, there are also factors that may hamper the growth of the Thrust
Vector Control System (TVC) Industry such as high cost associated with R&D.
TVC Market is classified on the basis of product type, applications, end user
distribution channel and geography. Thrust Vector Control System (TVC) Market
is segmented by product type as Thrust Vector Actuation System, Thrust Vector
Injection System and Thrust Vector Thruster System. Thrust TVC Industry is
classified on applications as Fighter Aircraft, Launch Vehicles, Missiles,
Satellites, and others. The market is categorized by end user as space
agencies, defense and others. Thrust Vector Control System (TVC) Market is
segmented by distribution channel as online stores, specialty stores and
others. Thrust Vector Control System (TVC) Market is classified on the basis of
geography as North America, Latin America, Western Europe, Eastern Europe, Asia
Pacific, Japan and Middle East and Africa.
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The
North American region consists of the U.S., and Canada. Latin America region
consists of Mexico and Brazil. The Western European region consists of Germany,
Italy, France, England and Spain. The Eastern European region consists of
Poland and Russia. Asia Pacific region consists of China, India, ASEAN,
Australia & New Zealand. The Middle East and African region consists of
GCC, South Africa and North Africa.
In
case of geographical region, North America held a large share in the Thrust
Vector Control System (TVC) Market. The key factor that attributes to the
growth of this region include growing disbursements on space exploration
programs and increasing focus & investment on missile research.
Some
of the key players that fuel the growth of the Thrust Vector Control System
(TVC) Market include Almatech Sa, BAE Systems PLC, Dynetics, Inc., Honeywell
International Inc., Jansen`s Aircraft Systems Controls Inc., Parker-Hannifin
Corporation, Moog Inc., Orbital ATK, S.A.B.C.A. (Societes Anonyme Belge De
Constructions Aeronautiques), Sierra Nevada Corporation, Woodward, Inc.,
Wickman Spacecraft & Propulsion Company, United Technologies Corporation,
and others. The key players are focusing on inorganic growth to sustain
themselves amidst fierce competition. As such, mergers, acquisitions, and joint
ventures are the need of the hour.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Thrust Vector Control System (TVC) in these
regions, from 2013 to 2025 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Thrust Vector Control System
(TVC) market competition by top manufacturers, with production, price, revenue
(value) and market share for each manufacturer; the top players including
•
Moog Inc.
•
Woodward, Inc.
•
Honeywell International Inc.
•
United Technologies Corporation
•
BAE Systems PLC
•
Orbital ATK
•
Parker-Hannifin Corporation
•
S.A.B.C.A. (Societes Anonyme Belge De Constructions Aeronautiques)
•
Dynetics, Inc.
•
Sierra Nevada Corporation
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