Skip to main content

Thrust Vector Control System Market Adopts Innovation to Stay Competitive Forecast 2026

Thrust Vector Control (TVC) system is the ability of an aircraft, rocket, and other launch vehicles to handle the direction of the thrust from its engines in order to control the attitude or angular velocity of the vehicle. The system deflects the directions of engine thrust during operation to provide control power for an aircraft and is used to correct deviation from planned path. TVC system is possible and effective only when propulsion system is creating thrust.


Increasing production of military aircrafts is one of the major factors driving growth of the thrust vector control system market

Major factor attributed to growth of the TVC system is the increasing production of military aircrafts. For instance, AIRBUS published its order, deliveries, and operation status till October 2017. The total order received by AIRBUS for military aircraft was 1,948 and the total number of deliverers was 1,527 with 1,212 military aircrafts are in operation. The major advantage of using TVC system in military aircraft is its ability to improve the maneuverability of the aircraft. Moreover, the system offers shorter take-off and landing runs and also extended flight envelope. Therefore, these factors are expected to drive growth of the TVC system market over the forecast period.

However, the level of complexity is very high, which further requires skilled workforce for developing these TVCs. Therefore, the lack of availability of skilled forces is further expected to hinder growth of the market.

The Global Thrust Vector Control System Market: Segment Trends     
                      
Among technology, the flexible nozzle segment accounted for the largest market share in 2017 and is expected to remain largest over the forecast period. This is owing to the ability of flexible nozzle to maintain the overall weight of the military aircraft. Moreover, the nozzle reduces the over-all cost of manufacturing of the aircraft.

The Global Thrust Vector Control System Market: Regional Insights

The market for TVC system in North America accounted for the largest market share in 2017 and is expected to remain largest over the forecast period. This is owing to presence of major manufacturers of military aircrafts such as Lockheed Martin, Dassault Aviation, Pentagon, and others in the region. For instance, according to the press release of Lockheed Martin, December 2017, Lockheed Martin delivered 66 F-35 fighter jets to the U.S. Such rise in production of military aircrafts is expected to increase demand for TVC systems in North America. 
  

Moreover, growing investment of the U.S. government on Military and Defense sector further propels growth of the TVC system in North America. For instance, according to the U.S. Government Spending Analysis, in 2016, the U.S. government spent US$ 593.40 billion on military and it increased to US$ 598.70 billion in 2017. Such growing investment is expected to further contribute to increasing production of military aircrafts. This in turn is expected to propel demand for TVC systems in the region.  

The market for Asia Pacific region is expected to witness significant growth with highest CAGR over the forecast period. This is owing to increasing government investments on launching new rockets and launch vehicles. For instance, according to the IBEF (India Brand Equity Foundation).org analysis, in August 2017, the government of India sanctioned US$ 1.35 billion to Indian Space Research Organization (ISRO). The aid helps ISRO to launch 21 rockets and 50 satellite within 4 years. Therefore, increasing production of rockets and satellites is expected to propel demand for TVC system in Asia Pacific.

 Thrust Vector Control System Market: Competitive Landscape
The market for global TVC system is highly competitive. This has led to increasing focus of key players on the areas of product offerings, R&D investments, and merger and acquisition in order to gain competitive edge in the market. For instance, in January 2016, Moog Inc., launched Electromechanical Thrust Vector Control (EM TVC) system. This test demonstrated the advanced Moog EM TVC technology being studied for the forthcoming Air Force Ground-Based Strategic Deterrent (GBSD) system.

Key players operating in the global TVC system market include, Honeywell International, Inc., Moog, Inc., Woodward, Inc., Jansen Aircraft Systems Control, Inc., BAE Systems, Wickman Spacecraft & Propulsion Company, Parker Hannifin, Inc. , Sierra Nevada Corporation, Dynetics, Inc., and SABCA .
Labels:

Comments

Post a Comment

Popular posts from this blog

Application Delivery Network Market 2026 Focus On Research Methodology, Market Dynamics

Application Delivery Network is a set of technologies, which provides application availability, security, visibility, and acceleration. The application development network is primarily implemented to work with dynamic content. The major advantage of application delivery network is that it helps in improving the performance of Internet traffic. Increasing data traffic is major factor driving growth of the market. According to Coherent Market Insights, in 2016, 96,054 PB IP data traffic was generated per month and is projected to reach 278,108 PB IP data traffic by 2021, worldwide. Hence, increasing data traffic have accelerated the demand for application delivery network. Download PDF Copy @ https://www.coherentmarketinsights.com/insight/request-pdf/1390 Increasing adoption of mobile traffic is major factor driving growth of the market Increasing adoption of smart phones by user is one of the major reason for mobile data traffic. According to the Coherent Market Insights...
Post a Comment
Read more

Data Center Virtualization Market by 2026 Capacity, Production, Revenue & Regional Analysis

Data center virtualization is a process of designing, developing or deploying a data center on cloud computing or virtualization technology. Cost saving is one of the major factors for growth of the data center virtualization market. This is owing to the fact that data center virtualization helps to reduce hardware installation, and reduces electricity cost by providing hosted platform. Therefore, it aids small and medium sizes companies to reduce their expenses on IT department. Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1245 Advantages of disaster recovery provided by data center virtualization plays a key role for growth of market in various vertical such as banking, healthcare, education, and retail. Disaster recovery-as-a-service protects company information and data from disasters by generating multiple backups. Increasing demand for data either structured or unstructured, for analyses of the market trend, customer de...
Post a Comment
Read more

APAC Electric Charging Station Market : Release Latest Trends & Industry Vision 2026

The APAC electric charging station market was valued at US$ 1,238.4 million in 2017 and is expected to increase to US$ 3,785.8 million by 2026, registering a CAGR of 30.3% over the forecast period from 2018 to 2026, according to APAC Electric Charging Station Market Report, by Charging Station Type (AC Charging, DC Charging, and Wireless Charging), by Technology  Type (Level 1, Level 2, and Level 3 ), by End User (Private and Public), and by Country (China, Japan, ASEAN, Australia, South Korea, and Rest of Asia Pacific), published by Coherent Market Insights. Request Sample Copy @ https://www.coherentmarketinsights.com/insight/request-sample/2473 Increasing awareness about pollution hazards and efforts taken to reduce the same is expected to drive growth of the APAC electric charging station market. Dependence on fuels that are imported is one of the major issues faced by Asian countries. Usage of electric vehicles helps in reducing the use of fuel. Moreove...
Post a Comment
Read more