Press release
The Rise In Entertainment And Events Drives The Growth Of The Market Due To Increasing Social Media Influence Driving Market Acceleration in the Pyrotechnics Devices Industry, 2025
Pyrotechnics Devices
How Large Will the Pyrotechnics Devices Market Size By 2025?
The size of the pyrotechnics devices market has seen significant growth in recent years. The predicted escalation is from $5.09 billion in 2024 to $5.40 billion in 2025, with a compound annual growth rate (CAGR) of 6.2%. The increase during the historical period is due to factors such as increased military and defense training activities, higher demand for commercial fireworks in public events and festivals, wider usage of pyrotechnics for emergency signaling, increased budgets for film and television production, and more extensive use in mining and quarrying operations.
How Big Is the Pyrotechnics Devices Market Size Expected to Grow by 2029?
The pyrotechnics devices market is on a trajectory for robust growth in the upcoming years, with an estimated value of $6.80 billion by 2029, boasting a compound annual growth rate (CAGR) of 5.9%. Factors attributing to this predicted growth include the escalating demand for non-lethal crowd management tools, increased use of pyrotechnics in self-governing defense systems, the growing trend of drone-operated firework showcases, the rising utilization of flares in aerospace industries, and increased demand for modern battlefield signaling gadgets. The development of eco-friendly pyrotechnic compositions, the fusion of pyrotechnics with drones, incorporation with digital event control systems, advancements in indoor-use cold pyrotechnics, and innovation in color-altering formulations are key trends projected for this period.
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Which Key Market Drivers Powering Pyrotechnics Devices Market Expansion and Growth?
The pyrotechnic devices market is predicted to expand due to the growing need for entertainment and events. Entertainment and events encompass organized activities or performances like sports, concerts, cultural shows and festivals aimed at entertaining, engaging, or informing the audience. The increase in entertainment and events demand largely stems from the growth of social media, which heightens the visibility of events, generates buzz, and promotes sharing and participation in real time. Pyrotechnic devices augment these entertainment experiences by producing spectacular visual and auditory effects, heightening audience anticipation, and providing memorable experiences. For example, in October 2023, the Australian Trade and Investment Commission, a government agency from Australia, reported that in the 2022-23 period, the Austrade events team staged 67 events, engaging a total of 4,556 individuals, which included 3,524 clients. As such, the growing demand for entertainment is fuelling the development of the pyrotechnic devices market.
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Which Fast-Growing Trends Are Poised to Disrupt the Pyrotechnics Devices Market?
Leading firms in the pyrotechnic devices market are prioritizing the development of unique solutions like drone-enhanced fireworks to improve safety measures and formulate dynamic aerial presentations. This innovation integrates synchronized drones with conventional pyrotechnics to construct precise, compelling aerial showcases that heighten the effect and control of pyrotechnic devices at entertainment shows. For instance, Sky Elements LLC, a prominent American drone light show firm, introduced the first FAA-approved pyrotechnic drone exhibition in the US in May 2024. This ground-breaking display paired synchronized fireworks with drone formations to design dynamic visuals in mid-air. This launch symbolizes a noteworthy advancement in aerial entertainment by merging traditional pyrotechnics with advanced drone technology.
What Are the Emerging Segments in the Pyrotechnics Devices Market?
The pyrotechnics devices market covered in this report is segmented -
1) By Type: Exploder, Explosive Device, Separating Unit, Other Types
2) By Product Type: Fireworks, Flares, Smoke Devices, Sparklers, Other Product Types
3) By Application: Entertainment, Military, Industrial, Other Applications
4) By Distribution Channel: Online Stores, Specialty Stores, Supermarkets Or Hypermarkets, Other Distribution Channels
5) By End-User: Commercial, Residential, Government
Subsegments:
1) By Exploder: Electric Exploders, Non-Electric Exploders, Digital Firing Systems
2) By Explosive Device: Detonators, Signal Flares, Smoke Charges, Incendiary Devices
3) By Separating Unit: Stage Separation Charges, Cartridge Actuated Devices, Linear Cutting Charges
4) By Other Types: Pyrotechnic Igniters: Delay Mechanisms, Squibs, Pyrotechnic Valves
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Who Are the Global Leaders in the Pyrotechnics Devices Market?
Major Companies operating in the pyrotechnics devices market are Rheinmetall AG, Hanwha Corporation, Nammo AS, General Dynamics Ordnance and Tactical Systems, Chemring Group PLC, EaglePicher Technologies LLC, Premier Explosives Ltd., Mil-Spec Industries Corporation, Fireworks by Grucci Inc., Pyro Spectaculars Inc., Etienne Lacroix Group, Zambelli Fireworks Manufacturing Co. Inc., Stored Energy Concepts Inc., Archangel Fireworks Inc., HFI Pyrotechnics Inc., NICO Europe GmbH, Precocious Pyrotechnics Inc., SAE Manufacturing Specialties Cor, Lidu Fireworks Corporation, Zink-Feuerwerk GmbH.
Which are the Top Profitable Regional Markets for the Pyrotechnics Devices Industry?
Asia-Pacific was the largest region in the pyrotechnics devices market in 2024. The regions covered in the pyrotechnics devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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