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Top Factor Driving Thrust Vector Control Market Share Growth in 2025: The Thrust Vector Control Market Share Surges Amidst Soaring Demand For Corporate And Military Satellites

03-05-2025 06:48 AM CET | Aerospace & Defense

Press release from: The Business Research Company

Thrust Vector Control Market Share

Thrust Vector Control Market Share

What market dynamics are playing a key role in accelerating the growth of the thrust vector control market?
The thrust vector control market is projected to experience substantial growth due to the increasing demand for corporate and military satellites. Corporate satellites are typically developed and marketed for commercial, educational, non-profit, or civilian purposes, as opposed to military use, through commercial contracts. A military satellite, by contrast, is a space-based asset deployed to carry out functions such as communication, navigation, and surveillance related to a variety of military operations on Earth. The surge in demand for both commercial and military satellites boosts the thrust vector control system, a key element of space or aerospace operations that enables a launch vehicle or rocket to control its flight path by altering the force of its engine. As reported by the Space Foundation, a US-based non-profit that advocates for the global space ecosystem, 72 rockets and 1,022 identifiable satellites were launched from January to June 2022. Furthermore, Slingshot Aerospace, a US software company offering satellite tracking services, space traffic management, and space modeling data, reported a rise of 14.6% in satellite deployment in 2023 compared to 2022, with a total of 2,877 satellites in orbit. Thus, the growing needs for corporate and military satellites are fueling the expansion of the thrust vector control market.

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How will the growth rate of the thrust vector control market shape industry trends by 2034?
There has been a substantial growth in the size of thrust vector control market in the last few years. It is projected to expand from $12.77 billion in 2024 to $14.02 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.8%. The growth during the previous period was driven by factors such as modernization of the military, initiatives in space exploration, investments in strategic defense, expansion of the aerospace industry, as well as geopolitical tensions and threats.

Expectations are high for significant expansion in the thrust vector control market in the coming years. The market size is projected to increase to $19.61 billion by 2029, with a compound annual growth rate (CAGR) of 8.7%. The predicted growth within this period is largely due to various contributing factors such as the rising demand for precision strike weapons, the commercialisation and tourism of space, a global emphasis on missile defense, and the arrival of next-generation aircraft. The forecast period also signifies strategic alliances, thrust vectoring for hypersonic vehicles, integration with cutting-edge aircraft, and 3d thrust vectoring are seen as major trends.

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What trends are poised to drive the future success of the thrust vector control market?
The emergence and progression of 3D printing are becoming increasingly popular trends in the thrust vector control market. Companies highly active in this sector are concentrating their efforts on the creation of innovative 3D products in order to solidify their market standings. An example of this came in May 2023 when Relativity Space, an aerospace technology manufacturer based in the United States, initiated the launch of Terran 1. This represented the first-ever testing of a 100-foot-tall, 7.5-foot-wide rocket constructed entirely from 3D-printed components. Terran 1 showcased exceptional innovation with its nine engines, which were produced using additive manufacturing techniques. The engines were crafted from a cutting-edge copper alloy that demonstrated resilience in temperatures exceeding 6,000 degrees Fahrenheit. In the laser powder bed fusion process, the 3D model is digitally cut into fine layers.

Which primary segments of the thrust vector control market are driving growth and industry transformations?
The thrust vector control market covered in this report is segmented -

1) By Type: Gimbal Nozzle, Thrusters, Flex Nozzle, Rotating Nozzle, Other Types
2) By System: Thrust Vector Actuation System, Thrust Vector Injection System, Thrust Vector Thruster System
3) By Application: Launch Vehicles, Satellites, Missiles, Fighter Aircraft
4) By End-User: Space Agencies, Defense

Subsegments:
1) By Gimbal Nozzle: Gimbaled Rocket Nozzles, Gimbaled Engine Nozzles
2) By Thrusters: Reaction Control Thrusters (RCS), Auxiliary Thrusters
3) By Flex Nozzle: Flex Nozzle Systems, Variable Geometry Nozzles
4) By Rotating Nozzle: Rotating Jet Nozzles, Roll Control Nozzles
5) By Other Types: Thrust Vectoring Systems for UAVs, Innovative Thrust Vector Control Mechanisms, Combined Control Systems

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Which geographical regions are pioneering growth in the thrust vector control market?
North America was the largest region in the thrust vector control market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the thrust vector control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the influential players reshaping the thrust vector control market landscape?
Major companies operating in the thrust vector control market include General Electric Company, Raytheon Technologies Corporation, The Boeing Company, Bharat Dynamics Limited, Northrop Grumman, Honeywell International Inc., Hindustan Aeronautics Limited, BAE Systems, Safran S.A., Eaton Corporation plc, Thales Group, L3Harris Technologies Inc., Rolls-Royce Holdings plc, Kawasaki Heavy Industries Ltd., Israel Aerospace Industries, Pratt and Whitney, MBDA, Moog Inc., Woodward Inc, Aerojet Rocketdyne Holdings Inc., Sierra Nevada Corporation, JASC Corporation, SABCA (Sociétés Anonyme Belge de Constructions Aéronautiques), Almatech SA, Wickman Spacecraft and Propulsion Company, Jansen Aircraft Systems Control Inc.

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What Is Covered In The Thrust Vector Control Global Market Report?

• Market Size Forecast: Examine the thrust vector control market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the thrust vector control market for a structured understanding.
• Key Players Overview: Analyze major players in the thrust vector control market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the thrust vector control market.
• Segment Contributions: Evaluate how different segments drive overall growth in the thrust vector control market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the thrust vector control market.
• Industry Challenges: Identify potential risks and obstacles affecting the thrust vector control market.
• Competitive Landscape: Review strategic developments in the thrust vector control market, including expansions, agreements, and new product launches.

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