Mechanical and Electronic Fuzes market

Mechanical and Electronic Fuzes Market - Global Outlook and Forecast 2022-2028

  • 25 January 2022
  • Machines
  • 79 Pages
  • Report code : PMR-6801556

  • 4.7 (158)

Mechanical and Electronic Fuzes Market

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Mechanical and Electronic Fuzes Market 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.

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

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

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

Global top five Mechanical and Electronic Fuzes companies in 2021 (%)

The global Mechanical and Electronic Fuzes market was valued at 1300 million in 2021 and is projected to reach US$ 1680.1 million by 2028, at a CAGR of 3.7% 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 Mechanical and Electronic Fuzes include L3 Technologies, Orbital ATK, Kaman, Expal (Maxam Group), JUNGHANS Microtec GmbH, Reutech Fuchs Electronics, DIXI Microtechniques, Anhui Great Wall Military Industry and Sandeep Metalcraft and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Mechanical and 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 Mechanical and Electronic Fuzes Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

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

Mortar Fuzes

Artillery Fuzes

Rocket and Missile Fuzes

Aircraft Fuzes

Others

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

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

Civil Applications

Military Applications

Others

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

Global Mechanical and 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 Mechanical and Electronic Fuzes revenues in global market, 2017-2022 (Estimated), ($ millions)

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

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

Key companies Mechanical and 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

Kaman

Expal (Maxam Group)

JUNGHANS Microtec GmbH

Reutech Fuchs Electronics

DIXI Microtechniques

Anhui Great Wall Military Industry

Sandeep Metalcraft

Reshef Technologies

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