Global Mechanical and Electronic Fuzes Market Growth 2023-2029

Global Mechanical and Electronic Fuzes Market Growth 2023-2029

This report studies the Mechanical and Electronic Fuzes market. 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.

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.

LPI (LP Information)' newest research report, the “Mechanical and Electronic Fuzes Industry Forecast” looks at past sales and reviews total world Mechanical and Electronic Fuzes sales in 2022, providing a comprehensive analysis by region and market sector of projected Mechanical and Electronic Fuzes sales for 2023 through 2029. With Mechanical and Electronic Fuzes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mechanical and Electronic Fuzes industry.

This Insight Report provides a comprehensive analysis of the global Mechanical and 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 Mechanical and Electronic Fuzes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Mechanical and Electronic Fuzes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mechanical and 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 Mechanical and Electronic Fuzes.

The global Mechanical and Electronic Fuzes market size is projected to grow from US$ 1235.9 million in 2022 to US$ 1631.4 million in 2029; it is expected to grow at a CAGR of 1631.4 from 2023 to 2029.

The industry is concentration for the access restrictions, the key brand include L3 Technologies, Orbital ATK, Kaman, Expal (Maxam Group), JUNGHANS Microtec GmbH, Reutech Fuchs Electronics, DIXI Microtechniques, Sandeep Metalcraft, Reshef Technologies, Anhui Great Wall Military Industry, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Mechanical and 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
Others

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
Kaman
Expal (Maxam Group)
JUNGHANS Microtec GmbH
Reutech Fuchs Electronics
DIXI Microtechniques
Anhui Great Wall Military Industry
Sandeep Metalcraft
Reshef Technologies

Key Questions Addressed in this Report

What is the 10-year outlook for the global Mechanical and Electronic Fuzes market?

What factors are driving Mechanical and Electronic Fuzes market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Mechanical and Electronic Fuzes market opportunities vary by end market size?

How does Mechanical and 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.