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Mechanical and Electronic Fuzes Market: Competitive Dynamics & Global Outlook 2024– Top Key players like– Top Key players like Kaman,Expal (Maxam Group),Action Manufacturing,Inc.
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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.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
According to this study, over the next five years the Mechanical and Electronic Fuzes market will register a 3.8% CAGR in terms of revenue, the global market size will reach US$ 1590 million by 2023, from US$ 1270 million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Mechanical and Electronic Fuzes business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Mortar Fuzes
Artillery Fuzes
Rocket and Missile Fuzes
Aircraft Fuzes
Others
Market Segment by Type, covers
Civil Applications
Military Applications
Others
Market Segment by Applications, can be divided into
L3 Technologies
Northrop Grumman (Orbital ATK)
Kaman
Expal (Maxam Group)
JUNGHANS Microtec GmbH
Action Manufacturing
Anhui Great Wall Military Industry
Reutech Fuchs Electronics
DIXI Microtechniques
Sandeep Metalcraft
Reshef Technologies
Binas d.d. Bugojno
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Related Information:
North America Mechanical and Electronic Fuzes Market Growth 2019-2024
United States Mechanical and Electronic Fuzes Market Growth 2019-2024
Asia-Pacific Mechanical and Electronic Fuzes Market Growth 2019-2024
Europe Mechanical and Electronic Fuzes Market Growth 2019-2024
EMEA Mechanical and Electronic Fuzes Market Growth 2019-2024
Global Mechanical and Electronic Fuzes Market Growth 2019-2024
China Mechanical and Electronic Fuzes Market Growth 2019-2024
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