Techno World Thrust-Vector-Control-System-Market | Page 3
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 .
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