This report studies the Mechanical and Electronic Fuzes market. 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.
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.
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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.
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 2026, from US$ 1270 million in 2019. 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.
The major players covered in this report are:
Northrop Grumman (Orbital ATK)
Expal (Maxam Group)
JUNGHANS Microtec GmbH
Anhui Great Wall Military Industry
Reutech Fuchs Electronics
Binas d.d. Bugojno
Global Mechanical and Electronic Fuzes Market overview:
The global demand for Mechanical and Electronic Fuzes has undergone a steady rise in the past and is predicted to do so for the next few years. The report gives an analysis of the historical data and the trends observed to identify the major driving factors behind the growth of the business. The regions included in the analysis are North America, Europe, Asia Pacific, South America, Middle East and Africa. This study offers a comprehensive perception of the global economy and the competitive landscape to give the investors all the vital business information. Further, it also provides expert insights to help the reader work on their competitive strategy and make better executive decisions.
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2026 in section 11.7.
Rocket and Missile Fuzes
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2026 in section 11.8.
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Some of the key findings from our Mechanical and Electronic Fuzes market forecast report
This report gives an analysis of the historical data (2014-2018) and trends to draw a forecast of the potential growth Musical Instrument Digital Interface Software exhibits a potential for growth and technological advancement. Market shall experience a stable growth in the next seven years (2019-2026). The historical analysis suggest certain trends that the industry might experience and the prospects of growth during the forecasted years. This study also offers vital insights into the industry to provide the fields that are the most beneficial for investment and gives a competitive strategy that is most advantageous in the industry.
How geography and sales fit together
- The study works as a boon for all business owners trying to identify the exact size of the target audience in a specific geographic location. Mechanical and Electronic Fuzes enables entrepreneurs to determine the regional market for their business expansion. The study answers the questions below:
- Where do the requirements come from?
- Where do non-potential customers reside?
- What is the buying behaviour of the customers dwelling in a particular area?
- What is the spending power of the customers in a specific region?
Market segment by Region/Country including:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Spain etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
- South America Brazil, Argentina, Colombia and Chile etc.)
- Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
The investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.
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Most important Topics covered in this report are:
- Market Trends & Issues
- Growth Drivers & Enablers
- Growth Inhibitors
- Opportunities and Challenges
- Recent Industry Activity
- Product Innovations & Trends
- Coverage of Major & Niche Players
- Comprehensive Geographic Coverage
- Extensive Product Coverage
The research provides answers to the following key questions:
- What will be the growth rate of the Mechanical and Electronic Fuzes market for the forecast period, 2019 – 2026? What will be the market size for the estimated period?
- What are the prominent factors driving the Mechanical and Electronic Fuzes market across different regions?
- Who are the major vendors dominating the Mechanical and Electronic Fuzes industry and what are their winning strategies?
- What are the major trends shaping the development of the industry in the coming years?
- What are challenges faced by the Mechanical and Electronic Fuzes market?
- What are potential opportunities for the industry for the forecast period, 2019 – 2026?
- Understand the demand for global Mechanical and Electronic Fuzes to determine the viability of the market.
- Identify the developed and emerging markets where Mechanical and Electronic Fuzes services are offered.
- Identify the challenge areas and address them.
- Develop strategies based on the drivers, trends and highlights for each of the segments.
- Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed.
- Recognize the key competitors of this market and respond accordingly.
- Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth.
- Define the competitive positioning by comparing the products and services with the key players in the market.
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