Thrust Vector Control Market

Market Overview:

The global thrust vector control market size reached US$ 13.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 28.1 Billion by 2032, exhibiting a growth rate (CAGR) of 8.6% during 2024-2032. The increasing number of cross border terrorist movements and illegal trespassing, rising usage in aerodynamic testing, and the growing need for advanced security and surveillance systems worldwide are some of the major factors propelling the market.

Thrust vector control (TVC) is used in aerospace engineering to control the direction of thrust produced by an engine or a rocket. It can manipulate the direction of the exhaust gases expelled from the engine, which affects the orientation and maneuverability of the vehicle. It offers increased agility, improved control during ascent or descent, enhanced stability, and better performance in various flight regimes. It allows vehicles to execute complex maneuvers, such as sharp turns, pitch or roll adjustments, and hover in the case of certain aircraft.

The increasing number of cross border terrorist movements and illegal trespassing and rising funding in the defense industry are propelling the growth of the market. In addition, the growing usage of TVC in aerodynamic testing and research to explore and analyze the effects of thrust vectoring on aircraft performance and stability is influencing the market positively. Moreover, the rising adoption of TVC in drones, autonomous flight, and unmanned systems for precise control is favoring the growth of the market. Apart from this, the increasing need for advanced security and surveillance systems worldwide and the growing investment by governing agencies of different countries in TVC systems and aircraft to protect citizens from internal and external threats is creating a positive outlook for the market.

Thrust Vector Control Market Trends/Drivers:

Increasing stability and control in aerospace systems bolstering market growth

TVC can counteract external disturbances and maintain stable flight conditions by redirecting the engine exhaust gases. It allows precise adjustments in thrust direction, which enables pilots or autonomous systems to counteract factors, such as gusts, turbulence, or asymmetrical loads. This increased stability and control results in smoother flight experiences, reduced pilot workload, and improved safety margins. TVC is valuable in situations that require precise maneuvering, such as aerial refueling, low-speed flight, or hovering.

Rising focus on space exploration activities catalyzing the demand for TVC systems

The growing focus on space exploration and the flourishing commercial space industry are catalyzing the demand for TVC worldwide. As space agencies and private companies venture into ambitious missions to explore space and establish commercial space activities, TVC plays a vital role in ensuring precise control, maneuverability, and safety of spacecraft during launch, orbit insertion, reentry, and docking maneuvers. It enables spacecraft to adjust their trajectory, stabilize their attitude, optimize fuel consumption, and enhance the success and reliability of space missions.

Growing demand for precision and maneuverability in various applications influencing market positively

There is an increase in the use of TVC in military operations, search and rescue missions, precision agriculture, or aerial surveillance. It allows improved targeting, precise positioning, and enhanced maneuverability in complex environments. TVC enables aircraft, missiles, and unmanned systems to perform intricate maneuvers, avoid obstacles, and achieve precise positioning, which contributes to mission success and operational effectiveness. The demand for TVC systems from the growing requirements for precise control and maneuverability across a wide range of industries and applications.

Thrust Vector Control Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global thrust vector control market report, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on type, application, systems, and end user.

Breakup by Type:

• Gimbal Nozzle
• Flex Nozzle
• Thrusters
• Rotating Nozzle
• Others
   

Gimbal nozzle dominates the market

The report has provided a detailed breakup and analysis of the market based on the type. This includes gimbal nozzle, flex nozzle, thrusters, rotating nozzle, and others. According to the report, gimbal nozzle represented the largest segment. It is a common method used for TVC in rocket engines. It consists of a movable nozzle that is attached to the engine by a set of gimbals, which allows it to pivot or swivel. It enables the rocket to change its orientation, perform maneuvers, and adjust its flight path.

A flex nozzle incorporates a flexible joint in the engine nozzle, which can be deformed or bent to direct the exhaust gases. By flexing the nozzle, the thrust vector can be adjusted, which allows for changes in the trajectory and maneuverability of the vehicle.

Breakup by Application:

• Launch Vehicles
• Missiles
• Satellites
• Fighter Aircraft
   

Fighter aircraft holds the largest share in the market

A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes launch vehicles, missiles, satellites, and fighter aircraft. According to the report, fighter aircraft accounted for the largest market share. TVC is employed in modern fighter aircraft to enhance their maneuverability and combat capabilities. It enhances the ability of an aircraft to evade enemy fire, engage in dogfights, and execute high-performance maneuvers during air-to-air and air-to-ground operations. By manipulating the direction of thrust, fighter jets can achieve impressive agility, which enables them to perform tight turns, rapid changes in direction, and advanced aerial maneuvers.

TVC is utilized for launching vehicles, such as rockets and space shuttles, and enable precise control during ascent and trajectory adjustments. It allows for more efficient and accurate launches, which improves payload delivery and mission success rates. Launch vehicles can optimize their flight path, correct deviations, and ensure proper alignment with the desired orbit by manipulating the thrust vector.

Breakup by Systems:

• Thrust Vector Actuation System
• Thrust Vector Injection System
• Thrust Vector Thruster System
   

Thrust vector actuation system dominates the market

The report has provided a detailed breakup and analysis of the market based on the systems. This includes thrust vector actuation system, thrust vector injection system, and thrust vector thruster system. According to the report, thrust vector actuation system represented the largest segment. It is a mechanism that directly controls the orientation of the thrust vector. It typically consists of actuators, such as hydraulic or electromechanical systems, that operate the movable nozzle or vanes in the exhaust flow. It receives commands from the flight control system or pilot inputs and adjusts the thrust vector accordingly. It provides the necessary force and precision to change the direction of thrust, enabling maneuverability and control of the vehicle.

The thrust vector injection system (TVIS) is used in certain rocket engines to achieve TVC. It involves injecting additional propellant or gas into the engine exhaust to induce a change in the direction of the thrust. It is used in conjunction with other TVC mechanisms to achieve enhanced maneuverability.

Breakup by End User:

• Space Agencies
• Defense
   

Defense holds the biggest share in the market

A detailed breakup and analysis of the market based on the end user has also been provided in the report. This includes space agencies and defense. According to the report, defense accounted for the largest market share. Defense organizations and military forces around the world are employing thrust vector control in their weapon systems, such as missiles and fighter aircraft. TVC enhances the maneuverability and agility of missiles, which allows them to change course, perform evasive maneuvers, and engage moving targets effectively. It provides missiles with enhanced accuracy, increased range, and the ability to counter enemy defenses. It enables advanced aerial maneuvers, including tight turns, high-G maneuvers, and rapid changes in direction, enhancing their combat capabilities.

Breakup by Region:

• North America
  • United States
  • Canada
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others 
• Middle East and Africa
   

North America exhibits a clear dominance, accounting for the largest market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. The rising investments in the defense and military sectors represent one of the primary factors driving the demand for TVC in North America. Furthermore, the increasing usage of unmanned aerial systems (UAS) is contributing to the market growth in the region. Besides this, the growing space exploration activities is influencing the market positively.

Europe is estimated to expand further in this domain, owing to the increasing defense collaboration, rising number of satellite launches, extensive research and development (R&D) activities, etc.

Competitive Landscape:

Leading players in the market are focusing on launching electric TVC that use electrically actuated mechanisms instead of traditional hydraulic or mechanical systems. Electric actuators offer benefits, such as faster response times, improved precision, reduced weight, and simplified maintenance compared to their hydraulic counterparts. They are increasingly being adopted in modern aerospace systems, including launch vehicles and satellites, to achieve more efficient and reliable TVC. Moreover, there is a rise in the adoption of computational fluid dynamics (CFD) and simulation tools to optimize the design of TVC systems, which allows for the evaluation of different configurations, nozzle geometries, and control algorithms. CFD also provides valuable insights into the performance and behavior of TVC systems, which facilitates the development of more efficient and effective TVC technologies.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

• Collins Aerospace (Raytheon Technologies Corporation)
• Honeywell International, Inc.
• Jansen's Aircraft Systems Controls Inc. (JASC)
• Moog, Inc.
• SABCA (Dassault Group)
• Woodward, Inc.

Recent Developments:

• In March 2021, Collins Aerospace (Raytheon Technologies Corporation) successfully developed the 600th thrust vector actuation (TVA) system for the terminal high altitude area defense (THAAD) missile system. 
• In July 2021, Honeywell International, Inc. announced a contract with the air force of the US to supply TVC systems.
• In June 2021, Moog, Inc. received a contract from Lockheed Martin to supply the TVC systems.

Thrust Vector Control Market Report Scope:

Key Questions Answered in This Report:

• How has the global thrust vector control market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global thrust vector control market?
• What is the impact of each driver, restraint, and opportunity on the global thrust vector control market?
• What are the key regional markets?
• Which countries represent the most attractive thrust vector control market?
• What is the breakup of the market based on the type?
• Which is the most attractive type in the thrust vector control market?
• What is the breakup of the market based on the application?
• Which is the most attractive application in the thrust vector control market?
• What is the breakup of the market based on the systems?
• Which is the most attractive systems in the thrust vector control market?
• What is the breakup of the market based on the end user?
• Which is the most attractive end user in the thrust vector control market?
• What is the competitive structure of the global thrust vector control market?
• Who are the key players/companies in the global thrust vector control market?

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the thrust vector control market from 2018-2032.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the global thrust vector control market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the thrust vector control industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.