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.
According to our (Global Info Research) latest study, the global Electronic Fuzes market size was valued at USD 894.4 million in 2022 and is forecast to a readjusted size of USD 1163.4 million by 2029 with a CAGR of 3.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 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 2023, are provided.
Key Features:
Global Electronic Fuzes market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Electronic Fuzes market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Electronic Fuzes market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Electronic Fuzes market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023
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, production, value, 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) and JUNGHANS Microtec GmbH, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Electronic Fuzes market is split by Type and by Application. For the period 2018-2029, 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 Applications
Military Applications
Other Applications
Major players covered
L3 Technologies
Orbital ATK (Northrop Grumman)
Kaman
Expal (Maxam Group)
JUNGHANS Microtec GmbH
Reutech
DIXI Microtechniques
Sandeep Metalcraft
Reshef Technologies
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, revenue and global market share of Electronic Fuzes from 2018 to 2023.
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 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
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 2017 to 2022.and Electronic Fuzes market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
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.
Summary:
Get latest Market Research Reports on Electronic Fuzes. Industry analysis & Market Report on Electronic Fuzes is a syndicated market report, published as Global Electronic Fuzes Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Electronic Fuzes market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.