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In this report, global Mechanical and Electronic Fuzes Market will reach 2129.78 Million USD by the end of 2022 with a CAGR of 4.58%
The global Mechanical and Electronic Fuzes market was valued at 1270.05 Million USD in 2017 and will reach 1589.09 Million USD by the end of 2022, growing at a CAGR of 4.58% during 2017-2022.
Fuzes are electronic or mechanical devices attached to ammunition to provide reliable and safe detonations at the desired time and place. These devices control safe separation of ammunition from the delivery platform and trigger its detonation. Missiles, rockets, bombs, shells and other ammunitions form a vital part of the firing capacity of a military in modern warfare. Since these ammunitions are loaded with explosives, there is always a risk of explosion during storage, launching and handling. This requires the incorporation of some security gadgets into these ammunitions. The security system should work until the ammunition is propelled and after the launch, the firing mechanism should take control. In order to accomplish this, an arming mechanism is also required in the ammunition. All the above-mentioned necessities are fulfilled by gadgets called fuzes.
Mechanical and Electronic Fuzes can be divided into five categories: Mortar Fuzes type, Artillery Fuzes type, Rocket and Missile Fuzes type, Aircraft Fuze type and other types. Mortar Fuzes type accounted for the highest proportion in sales market, with a figure of 35.38% in 2017, followed by Artillery Fuzes type, account for 28.13% and Rocket and Missile Fuzes type account for 18.25%.
The sales market share of global Mechanical and Electronic Fuzes in Civil Applications, Military Applications and other applications have been stable year by year, at 10.67%, 84.61% and 4.72% respectively in 2017, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the Mechanical and Electronic Fuzes in the global market tends to be fixed without great changes. Among them, the Mechanical and Electronic Fuzes market has the most promising sales prospects in Military Applications
The industry is concentration for the access restrictions, the key brand include L3 Technologies, Orbital ATK, Kaman, Expal (Maxam Group), JUNGHANS Microtec GmbH, Action Manufacturing, Anhui Great Wall Military Industry, Reutech Fuchs Electronics, DIXI Microtechniques, Binas d.d. Bugojno, Sandeep Metalcraft, Reshef Technologies, etc.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Mechanical and Electronic Fuzes in these regions, from 2014 to 2026 (forecast), covering
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- South America (Brazil, Argentina, Columbia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Mechanical and Electronic Fuzes market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
- L3 Technologies
- Orbital ATK
- Expal (Maxam Group)
- JUNGHANS Microtec GmbH
- Action Manufacturing
- Anhui Great Wall Military Industry
- Reutech Fuchs Electronics
- DIXI Microtechniques
- Sandeep Metalcraft
- Reshef Technologies
- Binas d.d. Bugojno
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Mortar Fuzes
- Artillery Fuzes
- Rocket and Missile Fuzes
- Aircraft Fuzes
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Mechanical and Electronic Fuzes for each application, including
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