Electronic Fuzes market

Electronic Fuzes Market - Global Outlook and Forecast 2022-2028

  • 21 January 2022
  • Energy and Natural Resources
  • 72 Pages
  • Report code : PMR-6790355

  • 4.7 (158)

Electronic Fuzes Market

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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.

Electronic Fuzes Market contains market size and forecasts of Electronic Fuzes in global, including the following market information:

Global Electronic Fuzes Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Electronic Fuzes Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Electronic Fuzes companies in 2021 (%)

The global Electronic Fuzes market was valued at 894.4 million in 2021 and is projected to reach US$ 1163.4 million by 2028, at a CAGR of 3.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Mortar Fuzes Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Electronic Fuzes include L3 Technologies, Orbital ATK (Northrop Grumman), Kaman, Expal (Maxam Group), JUNGHANS Microtec GmbH, Reutech, DIXI Microtechniques, Sandeep Metalcraft and Reshef Technologies. etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Electronic Fuzes manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Electronic Fuzes Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Electronic Fuzes Market Segment Percentages, by Type, 2021 (%)

Mortar Fuzes

Artillery Fuzes

Rocket and Missile Fuzes

Aircraft Fuzes

Others

Global Electronic Fuzes Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Electronic Fuzes Market Segment Percentages, by Application, 2021 (%)

Civil Applications

Military Applications

Other Applications

Global Electronic Fuzes Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Electronic Fuzes Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Electronic Fuzes revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Electronic Fuzes revenues share in global market, 2021 (%)

Key companies Electronic Fuzes sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Electronic Fuzes sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

L3 Technologies

Orbital ATK (Northrop Grumman)

Kaman

Expal (Maxam Group)

JUNGHANS Microtec GmbH

Reutech

DIXI Microtechniques

Sandeep Metalcraft

Reshef Technologies

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