Thrust vectoring, which is also known as the thrust vector control (TVC), is the ability of an aircraft to manipulate the direction of the thrust from its engine or motor to control the attitude or angular velocity of the vehicle.
Thrust vectoring in used in rocketry and ballistic missiles for altitude control. Thrust vectoring can provide fighter aircraft with advantages regarding performance and survivability.
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Key Market Players
- 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.
- SABCA
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COVID-19 scenario analysis-
- The global market for thrust vectoring is severely impacted by the outbreak of the COVID-19 pandemic.
- The COVID-19 pandemic saw a decline in the economic growth in almost all the major countries, thus affecting consumer spending patterns.
- Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
- Small vendors and several OEMs are unable to do business in absence of enough liquidity at hands.
- They are unable to clear their previous debt and other dues to do further business, which is impacting the market from supply side.
- Thus, insufficiency in raw material supply is expected to hamper the market growth.
- However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities. Demand is likely to soar once lockdown period is over and business activity resumes.
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Key benefits of the report:
- This study presents the analytical depiction of the thrust vector control market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the share. thrust vector control market.
- The current market is quantitatively analyzed from 2021 to 2027 to highlight the thrust vector control market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed thrust vector control market analysis depending on competitive intensity and how the competition will take shape in coming years.
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Questions answered in the thrust vector control market research report:
- Which are the leading players active in the thrust vector control market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
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