Market Overview:
The global mechanical fuze market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for artillery fuzes, mortar fuzes, and rocket and missile fuzes in the military applications. Additionally, the increasing demand for aircraft fuzes in civil applications is also contributing to the growth of this market. However, factors such as volatility in prices of raw materials and stringent government regulations are restraining the growth of this market. The global mechanical fuze market can be segmented on the basis of type into mortar fuzes, artillery fuzes, rocket and missile FUZESs., aircraft FUZESs., and others. The artillery fuse segment is projected to grow at a CAGR of 5% from 2018-2030 owing to increase in demand for smart munitions by militaries across different countries worldwide . On account on application ,the global mechanical fuzemarket can be divided into civil applications,,military applications,,and other segments .
Product Definition:
A mechanical fuze is a type of detonator that uses a physical action to initiate the explosion of the munition. Common actions include impact (a striker impacting a percussion cap), time (a timer or clockwork mechanism) or proximity (detecting an object near the bomb).
The importance of Mechanical Fuze is that it provides reliability and safety in use.
Mortar Fuzes:
Mortar fuzes are a group of high-performance fuzing devices designed to function as an explosive charge in close proximity to the target. They are primarily employed in ammunition for ground combat vehicles, such as tanks and howitzers, but also find application in some naval vessels and aircraft. The primary function of mortar fuzes is to ensure that the warhead reaches the target with maximum efficiency.
Artillery Fuzes:
The global artillery fuzes and it's usage in mechanical fuze market size was valued at USD 5.0 billion in 2016. The rising demand for high-precision weapons with long-range capabilities is expected to drive the growth of the market over the forecast period.
Artillery fuzes are devices used to initiate.
Application Insights:
The military applications segment dominated the global mechanical fuze market in 2017, accounting for over 60.0% share of the overall revenue. The use of mortars and artillery fuzes is prevalent in various countries such as India, China, South Africa and Australia among others. Moreover, mortar fuzes are used extensively by armed forces around the world to enhance accuracy during warfare.
The other applications include industrial assembly line production systems that require precise triggering to operate successfully or safely along with consumer products such as automobiles and lawn mowers that also need a high level of precision from time to time.
Regional Analysis:
Asia Pacific dominated the global mechanical fuze market in 2016 and is expected to continue its dominance over the forecast period. The region comprises emerging countries such as China, India, and Japan that are at a nascent stage of development. These countries have been experiencing strong economic growth owing to which they are projected to exhibit high demand for sophisticated military equipment including artillery shells, rockets & missiles, aircraft bombs among others.
The Middle East & Africa is also anticipated to witness significant growth over the coming years owing to increasing conflicts within and outside its borders coupled with growing terrorist activities in Nigeria, Somalia among other African countries. This has led governments across the globe into strengthening their armed forces by acquiring advanced weapons systems including mortars and artillery guns thereby propelling industry growth across this region as well.
Growth Factors:
- Increasing demand for advanced and reliable munitions in the defense sector is expected to drive the growth of the mechanical fuze market over the forecast period.
- The increasing use of smart weapons by militaries across the world is also anticipated to fuel demand for mechanical fuzes in the coming years.
- Growing investments by governments in research and development activities for developing new-generation fuzes is another key factor that is expected to propel market growth during the forecast period.
- The increasing use of precision-guided munitions (PGMs) in modern warfare scenarios is also projected to boost demand for mechanical fuzes over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mechanical Fuze Market Research Report
By Type
Mortar Fuzes, Artillery Fuzes, Rocket and Missile Fuzes, Aircraft Fuzes, Others
By Application
Civil Applications, Military Applications, Other
By Companies
L3 Technologies, Orbital ATK, Kaman, Expal (Maxam Group), JUNGHANS Microtec GmbH, Reutech Fuchs Electronics, DIXI Microtechniques, Anhui Great Wall Military Industry, Sandeep Metalcraft, Reshef Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Mechanical Fuze Market Report Segments:
The global Mechanical Fuze market is segmented on the basis of:
Types
Mortar Fuzes, Artillery Fuzes, Rocket and Missile Fuzes, Aircraft Fuzes, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Civil Applications, Military Applications, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- L3 Technologies
- Orbital ATK
- Kaman
- Expal (Maxam Group)
- JUNGHANS Microtec GmbH
- Reutech Fuchs Electronics
- DIXI Microtechniques
- Anhui Great Wall Military Industry
- Sandeep Metalcraft
- Reshef Technologies
Highlights of The Mechanical Fuze Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mortar Fuzes
- Artillery Fuzes
- Rocket and Missile Fuzes
- Aircraft Fuzes
- Others
- By Application:
- Civil Applications
- Military Applications
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mechanical Fuze Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mechanical Fuze is a type of explosive that uses a fuze to detonate the explosives.
Some of the major players in the mechanical fuze market are L3 Technologies, Orbital ATK, Kaman, Expal (Maxam Group), JUNGHANS Microtec GmbH, Reutech Fuchs Electronics, DIXI Microtechniques, Anhui Great Wall Military Industry, Sandeep Metalcraft, Reshef Technologies.
The mechanical fuze market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mechanical Fuze Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mechanical Fuze Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mechanical Fuze Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mechanical Fuze Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mechanical Fuze Market Size & Forecast, 2018-2028
4.5.1 Mechanical Fuze Market Size and Y-o-Y Growth
4.5.2 Mechanical Fuze Market Absolute $ Opportunity
Chapter 5 Global Mechanical Fuze Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mechanical Fuze Market Size Forecast by Type
5.2.1 Mortar Fuzes
5.2.2 Artillery Fuzes
5.2.3 Rocket and Missile Fuzes
5.2.4 Aircraft Fuzes
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mechanical Fuze Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mechanical Fuze Market Size Forecast by Applications
6.2.1 Civil Applications
6.2.2 Military Applications
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mechanical Fuze Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mechanical Fuze Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mechanical Fuze Analysis and Forecast
9.1 Introduction
9.2 North America Mechanical Fuze Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mechanical Fuze Market Size Forecast by Type
9.6.1 Mortar Fuzes
9.6.2 Artillery Fuzes
9.6.3 Rocket and Missile Fuzes
9.6.4 Aircraft Fuzes
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mechanical Fuze Market Size Forecast by Applications
9.10.1 Civil Applications
9.10.2 Military Applications
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mechanical Fuze Analysis and Forecast
10.1 Introduction
10.2 Europe Mechanical Fuze Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mechanical Fuze Market Size Forecast by Type
10.6.1 Mortar Fuzes
10.6.2 Artillery Fuzes
10.6.3 Rocket and Missile Fuzes
10.6.4 Aircraft Fuzes
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mechanical Fuze Market Size Forecast by Applications
10.10.1 Civil Applications
10.10.2 Military Applications
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mechanical Fuze Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mechanical Fuze Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mechanical Fuze Market Size Forecast by Type
11.6.1 Mortar Fuzes
11.6.2 Artillery Fuzes
11.6.3 Rocket and Missile Fuzes
11.6.4 Aircraft Fuzes
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mechanical Fuze Market Size Forecast by Applications
11.10.1 Civil Applications
11.10.2 Military Applications
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mechanical Fuze Analysis and Forecast
12.1 Introduction
12.2 Latin America Mechanical Fuze Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mechanical Fuze Market Size Forecast by Type
12.6.1 Mortar Fuzes
12.6.2 Artillery Fuzes
12.6.3 Rocket and Missile Fuzes
12.6.4 Aircraft Fuzes
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mechanical Fuze Market Size Forecast by Applications
12.10.1 Civil Applications
12.10.2 Military Applications
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mechanical Fuze Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mechanical Fuze Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mechanical Fuze Market Size Forecast by Type
13.6.1 Mortar Fuzes
13.6.2 Artillery Fuzes
13.6.3 Rocket and Missile Fuzes
13.6.4 Aircraft Fuzes
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mechanical Fuze Market Size Forecast by Applications
13.10.1 Civil Applications
13.10.2 Military Applications
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mechanical Fuze Market: Competitive Dashboard
14.2 Global Mechanical Fuze Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 L3 Technologies
14.3.2 Orbital ATK
14.3.3 Kaman
14.3.4 Expal (Maxam Group)
14.3.5 JUNGHANS Microtec GmbH
14.3.6 Reutech Fuchs Electronics
14.3.7 DIXI Microtechniques
14.3.8 Anhui Great Wall Military Industry
14.3.9 Sandeep Metalcraft
14.3.10 Reshef Technologies
