Electronic Fuzes Research: CAGR of 3.5% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Electronic Fuzes- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Electronic Fuzes was estimated to be worth US$ 943 million in 2024 and is forecast to a readjusted size of US$ 1203 million by 2031 with a CAGR of 3.5% during the forecast period 2025-2031.

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Electronic Fuzes Market Summary

This report studies the electronic fuzes market. Fuze 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.

According to the new market research report "Global Electronic Fuzes Market Report 2025-2031", published by QYResearch, the global Electronic Fuzes market size is projected to reach USD 1.2 billion by 2031, at a CAGR of 3.5% during the forecast period.

Figure00001. Global Electronic Fuzes Market Size (US$ Million), 2020-2031

Electronic Fuzes

Above data is based on report from QYResearch: Global Electronic Fuzes Market Report 2025-2031 (published in 2025). If you need the latest data, plaese contact QYResearch.

Figure00002. Global Electronic Fuzes Top 10 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Electronic Fuzes

Above data is based on report from QYResearch: Global Electronic Fuzes Market Report 2025-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Electronic Fuzes include L3 Harris Technologies, Orbital ATK (Northrop Grumman), Rheinmetall, Kaman, etc. In 2024, the global top four players had a share approximately 63.0% in terms of revenue.

Figure00003. Electronic Fuzes, Global Market Size, Split by Product Segment

Electronic Fuzes

Based on or includes research from QYResearch: Global Electronic Fuzes Market Report 2025-2031.

The technical characteristics of the ordnance industry are that there are many kinds of products, different batch sizes, great processing difficulties, high requirements for processing accuracy, and complex processes, involving a large number of general and special technologies. The development and production links of the weapons industry involve multiple disciplines and technical fields, with a high technical threshold.

In the future battlefield, rapid response, mobile penetration, and individual combat capability will be more emphasized. Portable, towed, and self-propelled mortar systems are the most important fire support weapons for organic infantry; Individual rocket is the most important firepower support in individual anti-tank, anti-helicopter, obstacle breaking and urban tunnel operations. In addition, in the face of terrorist threats, all kinds of light weapons, individual rockets and mortars will be the main components of firepower, and all kinds of soft anti-personnel ammunition such as tear gas, blinding ammunition and other new anti-terrorism ammunition also have certain needs.

For the second year in a row, military expenditure increased in all five of the world's geographical regions, reflecting heightened geopolitical tensions across the globe. The decade-long growth in global spending can be partly attributed to spending increases in Europe, largely driven by the ongoing Russia-Ukraine war, and in the Middle East, driven by the war in Gaza and wider regional conflicts. Many countries have also committed to raising military spending, which will lead to further global increases in the coming years.

In the future battlefield, rapid response, mobile penetration, and individual combat capability will be more emphasized. Portable, towed, and self-propelled mortar systems are the most important fire support weapons for organic infantry; Individual rocket is the most important firepower support in individual anti-tank, anti-helicopter, obstacle breaking and urban tunnel operations.

In addition, in the face of terrorist threats, all kinds of light weapons, individual rockets and mortars will be the main components of firepower, and all kinds of soft anti-personnel ammunition such as tear gas, blinding ammunition and other new anti-terrorism ammunition also have certain needs.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Electronic Fuzes market is segmented as below:
By Company
L3 Harris Technologies
Orbital ATK (Northrop Grumman)
Rheinmetall
Kaman
JUNGHANS Defence
Reutech
DIXI Microtechniques
Sandeep Metalcraft
Reshef Technologies
Anhui Great Wall Military Industry
Jiangxi Guoke Defence Group

Segment by Type
Mortar Fuzes
Artillery Fuzes
Rocket and Missile Fuzes
Aircraft Fuzes
Others

Segment by Application
Civil
Military
Others

Each chapter of the report provides detailed information for readers to further understand the Electronic Fuzes market:

Chapter 1: Introduces the report scope of the Electronic Fuzes report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Electronic Fuzes manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Electronic Fuzes market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Electronic Fuzes in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Electronic Fuzes in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Electronic Fuzes competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Electronic Fuzes comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Electronic Fuzes market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

Other relevant reports of QYResearch:
Global Electronic Fuzes Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
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Mechanical and Electronic Fuzes- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
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