Global Electronic Fuzes Market Growth 2023-2029

Global Electronic Fuzes Market Growth 2023-2029

A fuze is an electronic or mechanical device attached to the ammunition to provide reliable and safe detonation at the time and place needed. These devices control the safe separation of the ammunition from the launch platform and trigger the explosion. Missiles, rockets, bombs, and shells. Ammunition and other ammunition are an important part of the army’s launching capabilities in modern warfare. Because these ammunitions contain explosives, there is always a danger of explosion during storage, launching and handling. This requires some safety devices to be added to these ammunitions. Safety. The system should work until the ammunition is propelled and launched, and the launching mechanism should be controlled. In order to achieve this, there is also a loading mechanism in the ammunition. All the above necessities are met by a small gadget called a fuze .
The basic functions of the fuze are armament, security, shooting and target sensing. The insurance, disarming and ignition mechanisms of mechanical fuze mainly involve mechanical parts, linkage mechanisms and other mechanisms. Because of its simplicity and ease of conceptualization, a mechanical fuze was the first fuze developed and is still used in many different types of ammunition. Fuzes operated by mechanical devices utilize mechanical connections, such as gears, springs, rotors, sliders, and plungers, or a combination of some of them. Due to extensive safety requirements, mechanical fuzes have many components and are designed with a clockwork structure.
There are some main considerations when designing mechanical and electrical fuzes. These factors include safety and stress resistance, deterioration in use, handling and storage, reliability of movement, simple structure and sufficient strength. Due to extensive safety requirements, mechanical fuzes usually have many components and are designed with a clockwork structure. The electronic fuze was developed in the mid-1960s, and since then, this technology has continued to develop. Today, electronic fuzes are being used in many modern weapon systems and have replaced mechanical fuzes in many places.
LPI (LP Information)' newest research report, the “Electronic Fuzes Industry Forecast” looks at past sales and reviews total world Electronic Fuzes sales in 2022, providing a comprehensive analysis by region and market sector of projected Electronic Fuzes sales for 2023 through 2029. With Electronic Fuzes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Fuzes industry.
This Insight Report provides a comprehensive analysis of the global Electronic Fuzes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electronic Fuzes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electronic Fuzes market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Fuzes and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Fuzes.
The global Electronic Fuzes market size is projected to grow from US$ 850.3 million in 2022 to US$ 1130.2 million in 2029; it is expected to grow at a CAGR of 1130.2 from 2023 to 2029.
The industry's leading producers are L3 Technologies, Orbital ATK and Kaman, which accounted for 23.64%, 17.83% and 13.99% of revenue in 2019, respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Fuzes market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Mortar Fuzes
Artillery Fuzes
Rocket and Missile Fuzes
Aircraft Fuzes
Others
Segmentation by application
Civil Applications
Military Applications
Other Applications
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
L3 Technologies
Orbital ATK (Northrop Grumman)
Kaman
Expal (Maxam Group)
JUNGHANS Microtec GmbH
Reutech
DIXI Microtechniques
Sandeep Metalcraft
Reshef Technologies
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electronic Fuzes market?
What factors are driving Electronic Fuzes market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electronic Fuzes market opportunities vary by end market size?
How does Electronic Fuzes break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.