Global Electronic Fuzes Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Electronic Fuzes Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Fuze 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. Basic functions of fuze are arming, safing, firing and target sensing. Mechanical fuzes have their safing, arming and firing mechanisms which mostly involves mechanical components, linkages and other mechanisms. Due to their simplicity and ease of conceptualization, mechanical fuzes were the earliest fuzes developed and are still used for many different types of ammunitions. Fuzes operated by mechanical devices make use of mechanical linkages like gears, springs, rotors, sliders and plungers or a combination of some of these. As a result of extensive safety requirements, mechanical fuzes have many components and are of a clockwork design. There are certain factors that are of primary concern while designing mechanical and electrical fuzes. These include safety and resistance, deterioration in use, handling and storage, reliability of action, simple construction and adequate strength. As a result of extensive safety requirements, mechanical fuzes generally have many components and are of a clockwork design. The Electronic Fuzes were developed in mid1960’s and thereafter, there has been continuous development in this technology. Today, Electronic Fuzes are being used in many modern weapon systems and have replaced mechanical fuzes in many places.

According to our (Global Info Research) latest study, the global Electronic Fuzes market size was valued at US$ 977 million in 2023 and is forecast to a readjusted size of USD 1233 million by 2030 with a CAGR of 3.4% during review period.

Global key players of electronic fuzes include L3 Technologies, Orbital ATK (Northrop Grumman), Kaman, etc. The top three players hold a share about 52%. Americas is the largest market, has a share about 54%, followed by Europe and Asia-Pacific, with share 25% and 12%, separately.

This report is a detailed and comprehensive analysis for global Electronic Fuzes market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Electronic Fuzes market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Electronic Fuzes market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Electronic Fuzes market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Electronic Fuzes market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Electronic Fuzes

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Electronic Fuzes market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include L3 Technologies, Orbital ATK (Northrop Grumman), Kaman, Expal (Maxam Group), JUNGHANS Microtec GmbH, Reutech, DIXI Microtechniques, Sandeep Metalcraft, Reshef Technologies, Anhui Great Wall Military Industry, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Electronic Fuzes market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Mortar Fuzes
Artillery Fuzes
Rocket and Missile Fuzes
Aircraft Fuzes
Others

Market segment by Application
Civil
Military
Others

Major players covered
L3 Technologies
Orbital ATK (Northrop Grumman)
Kaman
Expal (Maxam Group)
JUNGHANS Microtec GmbH
Reutech
DIXI Microtechniques
Sandeep Metalcraft
Reshef Technologies
Anhui Great Wall Military Industry

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Electronic Fuzes product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electronic Fuzes, with price, sales quantity, revenue, and global market share of Electronic Fuzes from 2019 to 2024.

Chapter 3, the Electronic Fuzes competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Electronic Fuzes breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Electronic Fuzes market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Electronic Fuzes.

Chapter 14 and 15, to describe Electronic Fuzes sales channel, distributors, customers, research findings and conclusion.