Thrust Vector Control Market Worth 13.77 Billion USD by 2022

PUNE, India, May 17, 2017 /PRNewswire/ —

The report “Thrust Vector Control Market by Technology (Gimbal Nozzle, Flex Nozzle, Thrusters, Rotating Nozzle), Application (Launch Vehicles, Missiles, Satellites & Fighter Aircraft), System (Actuation, Injection & Thruster), and Region – Global Forecast to 2022”, published by MarketsandMarkets™ , the market is projected to grow from USD 8.39 Billion in 2017 to USD 13.77 Billion by 2022, at a CAGR of 10.41% during the forecast period. The base year considered for the study is 2016, and the forecast period is from 2017 to 2022.


     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 83 market data Tables and 43 Figures spread through 147 Pages and in-depth TOC on Thrust Vector Control Market
http://www.marketsandmarkets.com/Market-Reports/thrust-vector-control-market-43861132.html

Early buyers will receive 10% customization on this report.

The need for super-maneuverable fighter aircraft, increased space research leading to greater number of launch vehicles being used, and increase in satellite launches are driving the growth of the thrust vector control market. Furthermore, due to geopolitical unrest, arms race, and asymmetric warfare, there is a significant increase in the production of missiles, which is directly impacting the growth of the thrust vector control market.

Based on technology, rotating nozzle is projected to be the fastest-growing segment of the thrust vector control market during the forecast period.

Rotating nozzle is expected to be the fastest-growing segment of the market during the forecast period because of the rise in the acquisition of fighter aircraft with thrust vector control systems. Rotating nozzle is the preferred technology used in fighter aircraft for thrust augmentation because it can deflect thrust as much as 90 degrees relative to aircraft centerline.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=43861132

Based on application, the fighter aircraft segment is projected to witness the highest growth from 2017 to 2022. 

The fighter aircraft segment is projected to witness the highest growth during the forecast period. This is due to the increase in the production and procurement of super maneuverable fighter aircraft across the globe to have superiority over enemy aircraft during aerial combats.

North America is estimated to be the largest market for thrust vector market in 2016. 

The thrust vector control market in North America is expected to witness the highest growth during the forecast period, owing to the increase in R&D and procurement of super maneuverable fighter aircraft, increased space research leading to greater number of launch vehicles being used, and increase in satellite launches.

Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=43861132

Key players operating in the thrust vector control market include 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). These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, and Asia-Pacific.

Browse Related Reports 

Propulsion Systems Market by type (Air Breathing Engines, Non-Air Breathing Engines, Electric Propulsion Engines), Application (Aircraft, Spacecraft, Missiles, Unmanned Aerial Vehicles), and Region – Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/aerospace-propulsion-system-market-13114028.html

Small Satellite Market by Type (Nano, Mini, & Microsatellite), by Application (Earth Observation & Meteorology, Scientific Research & Exploration, Surveillance & Security, and Others), by End-User, by Geography – Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/small-satellite-market-150947396.html

Subscribe Reports from Aerospace & Defence Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’ flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog@ http://mnmblog.org/market-research/aerospace-defence
Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets