openPR Logo
Press release

Pyrotechnic Munitions Market is expected to reach US$ 4,653.96 Million by 2028

10-04-2022 11:24 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: The Insight Partners

The latest Pyrotechnic Munitions market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis of the key persuading factors, market figures in terms of revenues, segmental data, regional data, and country-wise data. This study can be described as most wide-ranging documentation that comprises all the aspects of the evolving Pyrotechnic Munitions market.

The pyrotechnic munitions market size is projected to reach US$ 4,653.96 million by 2028 from US$ 3,358.92 million in 2022; it is expected to grow at a CAGR of 5.6% from 2022 to 2028.

The fleets of naval and aircraft carrier vessels operating continuously across national borders are increasing in number. Every aircraft carrier ship includes either 254 units of MK7 life rafts or 127 units of MK 8 life rafts. Each lifeboat comprises 6 hand flares, 4 units of rocket parachute flares, and 2 units of buoyant smoke signals. Hence, the rising adoption of lifeboats in naval ships or vessels boosts the adoption of pyrotechnic munitions across naval forces. In terms of the current naval fleet, China is at the forefront with 777 naval vessels, followed by the 486 naval fleets of the US.

Both these countries are emphasizing on strengthening their respective naval fleets to secure their borders from naval threats. However, China currently has only 2 aircraft carriers that use life rafts in large quantities
Further, the country is investing in procuring new naval vessels that will result in increasing demand for pyrotechnic munitions through the deployment of life rafts in those vessels. For instance, the US navy predicted that China may operate 6 aircraft carriers by the end of 2040, which will further generate the demand for life rafts in the region. Similarly, in 2022, the Indian Navy awarded a contract worth US$ 114 million to L&T Limited for the manufacturing and development of multipurpose vessels under the "Buy Indian" category. Due to the increased focus on naval fleets, the adoption of frigates, corvettes, and aircraft carriers is growing, highlighting the requirement for various types of pyrotechnic products for naval applications.

To get sample Copy of the report, along with the TOC, Statistics, and Tables please visit @ https://www.theinsightpartners.com/sample/TIPRE00029428/

Below are Some of Key Companies mentioned in Pyrotechnic Munitions Market:
• Arsenal
• PR Tactical Corporation
• Lacroix
• Martinez Specialties, Inc.
• Primetake Ltd.
• Pyrotechnic Specialties Incorporated
• Rheinmetall AG
• WESCOM GROUP
• Chemring Group PLC
• HFI Pyrotechnics Inc

The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2021-2028? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Pyrotechnic Munitions market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Pyrotechnic Munitions market?
4. What are the prominent market trends influencing the development of the Pyrotechnic Munitions market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Pyrotechnic Munitions market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Pyrotechnic Munitions market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Pyrotechnic Munitions market segments and regions.

Our reports will help clients solve the following issues: -
Insecurity about the future:
Our research and insights help our clients anticipate upcoming revenue compartments and growth ranges. This will help our clients invest or divest their assets.

Understanding market opinions:
It is extremely vital to have an impartial understanding of market opinions for a strategy. Our insights provide a keen view on the market sentiment. We keep this reconnaissance by engaging with Key Opinion Leaders of a value chain of each industry we track.

Understanding the most reliable investment centers:
Our research ranks investment centers of market by considering their future demands, returns, and profit margins. Our clients can focus on most prominent investment centers by procuring our market research.

Evaluating potential business partners:
Our research and insights help our clients identify compatible business partners.

Interested in purchasing this Report? Click here @ https://www.theinsightpartners.com/buy/TIPRE00029428/

Pyrotechnic Munitions Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Pyrotechnic Munitions Market is expected to reach US$ 4,653.96 Million by 2028 here

News-ID: 2757368 • Views:

More Releases from The Insight Partners

Large Generator Market Set for Robust Growth Driven by Rising Industrialization and Energy Security Needs
Large Generator Market Set for Robust Growth Driven by Rising Industrialization …
10 October 2025 - [New York, US] - The global Large Generator Market is poised for substantial expansion over the coming years, fueled by increasing industrialization, rapid infrastructure development, and growing demand for uninterrupted power supply across critical sectors. Large generators, which are capable of producing high-capacity power for heavy-duty applications, are gaining significant traction in industries such as oil & gas, manufacturing, mining, data centers, and utilities. The large generator
Global Synthetic Musk Market Set for Robust Expansion through 2031
Global Synthetic Musk Market Set for Robust Expansion through 2031
New York, US - October 10, 2025 - A new publication from The Insight Partners, titled "Synthetic Musk Market Share, Size, Trends, and Forecast by 2031," anticipates significant and steady expansion for the global synthetic musk sector. The report offers critical perspectives on the current market status, expected future growth, primary factors driving its progress, existing challenges, and lucrative opportunities. These insights are intended to inform various corporate stakeholders. The
WiFi 6 Device Market Explained: Opportunities, Challenges, and What's Next
WiFi 6 Device Market Explained: Opportunities, Challenges, and What's Next
The transition from WiFi 5 (802.11ac) to WiFi 6 (802.11ax) is reshaping the wireless connectivity landscape. As devices proliferate and users demand ever higher throughputs, lower latency, and better concurrency, WiFi 6 has become the go to standard for new deployments. According to the Wi Fi 6 Devices Market Report from The Insight Partners, the global WiFi 6 device market is projected to grow strongly through 2031. Check valuable insights
Flavor Meets Strategy: How the Barbecue (BBQ) Sauce Market Is Heating Up Worldwide
Flavor Meets Strategy: How the Barbecue (BBQ) Sauce Market Is Heating Up Worldwi …
Barbecue (BBQ) sauce, long a staple of grilling cuisine, has evolved into a dynamic, innovation‐driven segment in the global food & beverage space. The market is characterized by growing consumer preference for flavor variety, convenience, and healthier formulations. According to The Insight Partners, the BBQ sauce market is projected to grow at a CAGR of 5.5% between 2025 and 2031. Key market segments include: • By Category (Product Type): Organic vs. Conventional

All 5 Releases


More Releases for Pyrotechnic

Pyrotechnic Munitions Market Is Driven By Pyrotechnic Munitions In Various Indus …
The Pyrotechnic Munitions Market is a specialized segment within the defense and munitions industry, dedicated to the development and production of pyrotechnic devices used in military applications. These munitions include various types of flares, smoke grenades, and other pyrotechnic devices that serve diverse roles, such as signaling, obscuration, and target designation. Pyrotechnic munitions are commonly employed to provide tactical advantages on the battlefield, enhance situational awareness, and create visual or
Pyrotechnic Munitions Market Analysis, Trends And Opportunities Forecast 2028
According to Premium Market Insights new research study on "Pyrotechnic Munitions Market size is projected to reach US$ 4,653.96 million by 2028 from US$ 3,358.92 million in 2022; it is expected to grow at a CAGR of 5.6% from 2022 to 2028. Get a Sample Copy of This Report@ https://www.premiummarketinsights.com/sample/TIP00073553/?utm_source=OpenPR&utm_medium=10655 Some Of the Major Players Influencing are Rheinmetall AG, General Dynamics Ordnance and Tactical Systems, Wescom Group, Chemring Group, and Pyrotechnic Specialties
Pyrotechnic Munitions Market Size, Revenue, End Users And Forecast Till 2028
The Pyrotechnic Munitions Market size is projected to reach US$ 4,653.96 million by 2028 from US$ 3,358.92 million in 2022; it is expected to grow at a CAGR of 5.6% from 2022 to 2028. The growth of the pyrotechnic munitions market in the US can be attributed to the increasing focus of the armed forces on training programs and the adoption of advanced pyrotechnic munitions products. The US forces recently appointed
Pyrotechnic Munitions Market 2023 Size, Share & Forecast 2022-2028
According to our latest market study on "Pyrotechnic Munitions Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Product Type, Application, and End User," the market size is expected to grow from US$ 3,358.92 million in 2022 to US$ 4,653.96 million by 2028; it is anticipated to grow at a CAGR of 5.6% from 2022 to 2028. The Pyrotechnic Munitions Market Industry is extremely competitive and consolidated because
Global Pyrotechnic Fuse Market Research Report 2023
Pyrotechnic Fuse Market Analysis Report & Forecast to 2029 - Competitors, Revenue, Market Trends, Share, Size, Growth and Opportunities The Global and United States RFID Pyrotechnic Fuse Market Report was published by QYResearch recently. RFID Pyrotechnic Fuse market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global RFID Pyrotechnic Fuse market will be able to gain the upper hand as they use
Pyrotechnic Munitions Market is expected to reach US$ 4,653.96 Million by 2028
The latest Pyrotechnic Munitions market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis of the key persuading factors, market figures in terms of revenues, segmental data, regional data, and country-wise data. This study can be described as most wide-ranging documentation that comprises all the aspects of the evolving Pyrotechnic Munitions