Market Overview:
The global remote firing systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for remote firing systems in mining & quarrying, construction, road construction, and military applications. Remote firing systems are used for initiating explosives in various applications such as blasting, demolition, and quarrying. They are also used for precision landmine clearance operations and as a part of improvised explosive devices (IEDs).
Product Definition:
Remote Firing Systems are used to remotely fire artillery and mortars. They allow the gunners to fire the weapons from a safe distance, typically from inside a vehicle or bunker. This keeps them out of harm's way and allows them to continue firing even when under attack.
Initiation System:
The initiation system is a safety device that ensures the safe and secure firing of the weapon. It consists of an electrical switch, which is activated by a trigger or pressed by the finger. The switch sends an electric current to fire the weapon and protect soldiers from accidental discharge. The market for initiation systems has witnessed significant growth over recent years owing to its increasing usage in modern warfare equipment such as machine guns, mortars, rifles, and automatic pistols among others.
Detonator:
The Detonator is a safety device used in remote firing systems. It's primary function is to initiate the explosion of an explosive charge by means of a signal from the distant control unit. The Detonator has no stored explosive energy; it only serves as a trigger for initiating the explosion.
Detonators are classified into two types, contact and non-contact type depending upon their physical proximity to explosives when triggered.
Application Insights:
The military application segment led the global remote firing systems market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The increasing use of remote firing devices for military training, target practice, and combat operations is expected to drive demand over the next seven years.
Remotely piloted aircraft (RPAs) are used for reconnaissance, surveillance, and fire support missions across various applications such as ground troops' intelligence preparation; air strikes against enemy targets by joint forces; precision targeting by special forces; and aerial refueling by commercial airlines. These devices help reduce human casualties during armed conflicts or patrols while enhancing overall mission effectiveness through better accuracy in weapon delivery. Increasing adoption of R&D initiatives focusing on miniaturization of complex systems has resulted in development of wireless triggering technologies that can be used with mobile platforms such as RPAS ( remotely piloted aircrafts).
Regional Analysis:
Asia Pacific regional market dominated the global remote firing systems market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing mining activities in China, Australia, India, and South Korea. In addition, rising investments by various governments for improving infrastructure facilities are anticipated to fuel industry growth over the next eight years.
The Asia Pacific regional market is also characterized by a large number of unexplored opportunities that offer lucrative business potential for investors with innovative ideas and concepts.
Growth Factors:
- Increasing demand for remote firing systems from the defense sector as a result of increasing terrorist threats and cross-border conflicts
- Growing demand for remote firing systems from the commercial sector for applications such as mining, oil & gas, and power generation
- Technological advancements in remote firing systems that offer enhanced features and capabilities
- Rising adoption of remotely operated vehicles (ROVs) in various end-user industries
- Growing number of small and medium enterprises (SMEs) offering remote firing systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Remote Firing Systems Market Research Report
By Type
Initiation System, Detonator
By Application
Mining & Quarrying, Construction, Road Construction, Military
By Companies
Orica Mining Services, Solar Industries Limited, Austin Powder, Dynitec, Iskra, Ideal Industrial Explosives, Tamar Explosives, Mas Zengrange Ltd., Blasterone, Detnet
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Remote Firing Systems Market Report Segments:
The global Remote Firing Systems market is segmented on the basis of:
Types
Initiation System, Detonator
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
Mining & Quarrying, Construction, Road Construction, Military
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:
- Orica Mining Services
- Solar Industries Limited
- Austin Powder
- Dynitec
- Iskra
- Ideal Industrial Explosives
- Tamar Explosives
- Mas Zengrange Ltd.
- Blasterone
- Detnet
Highlights of The Remote Firing Systems 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:
- Initiation System
- Detonator
- By Application:
- Mining & Quarrying
- Construction
- Road Construction
- Military
- 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 Remote Firing Systems 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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?
Remote firing systems are a type of firearm safety system that allow the user to fire a weapon without having to be in close proximity to the weapon. This system typically involves the use of an electronic device, such as a trigger guard, that sends signals to the weapon when it is activated.
Some of the major companies in the remote firing systems market are Orica Mining Services, Solar Industries Limited, Austin Powder, Dynitec, Iskra, Ideal Industrial Explosives, Tamar Explosives, Mas Zengrange Ltd., Blasterone, Detnet.
The remote firing systems market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Remote Firing Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Remote Firing Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Remote Firing Systems Market - Supply Chain
4.5. Global Remote Firing Systems Market Forecast
4.5.1. Remote Firing Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Remote Firing Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Remote Firing Systems Market Absolute $ Opportunity
5. Global Remote Firing Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Remote Firing Systems Market Size and Volume Forecast by Type
5.3.1. Initiation System
5.3.2. Detonator
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Remote Firing Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Remote Firing Systems Market Size and Volume Forecast by Application
6.3.1. Mining & Quarrying
6.3.2. Construction
6.3.3. Road Construction
6.3.4. Military
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Remote Firing Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Remote Firing Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Remote Firing Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Remote Firing Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Remote Firing Systems Demand Share Forecast, 2019-2026
9. North America Remote Firing Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Remote Firing Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Remote Firing Systems Market Size and Volume Forecast by Application
9.4.1. Mining & Quarrying
9.4.2. Construction
9.4.3. Road Construction
9.4.4. Military
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Remote Firing Systems Market Size and Volume Forecast by Type
9.7.1. Initiation System
9.7.2. Detonator
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Remote Firing Systems Demand Share Forecast, 2019-2026
10. Latin America Remote Firing Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Remote Firing Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Remote Firing Systems Market Size and Volume Forecast by Application
10.4.1. Mining & Quarrying
10.4.2. Construction
10.4.3. Road Construction
10.4.4. Military
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Remote Firing Systems Market Size and Volume Forecast by Type
10.7.1. Initiation System
10.7.2. Detonator
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Remote Firing Systems Demand Share Forecast, 2019-2026
11. Europe Remote Firing Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Remote Firing Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Remote Firing Systems Market Size and Volume Forecast by Application
11.4.1. Mining & Quarrying
11.4.2. Construction
11.4.3. Road Construction
11.4.4. Military
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Remote Firing Systems Market Size and Volume Forecast by Type
11.7.1. Initiation System
11.7.2. Detonator
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projctions by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Remote Firing Systems Demand Share, 2019-2026
12. Asia Pacific Remote Firing Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Remote Firing Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Remote Firing Systems Market Size and Volume Forecast by Application
12.4.1. Mining & Quarrying
12.4.2. Construction
12.4.3. Road Construction
12.4.4. Military
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Remote Firing Systems Market Size and Volume Forecast by Type
12.7.1. Initiation System
12.7.2. Detonator
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Remote Firing Systems Demand Share, 2019-2026
13. Middle East & Africa Remote Firing Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Remote Firing Systems Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Remote Firing Systems Market Size and Volume Forecast by Application
13.4.1. Mining & Quarrying
13.4.2. Construction
13.4.3. Road Construction
13.4.4. Military
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Remote Firing Systems Market Size and Volume Forecast by Type
13.7.1. Initiation System
13.7.2. Detonator
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Remote Firing Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Remote Firing Systems Market: Market Share Analysis
14.2. Remote Firing Systems Distributors and Customers
14.3. Remote Firing Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Orica Mining Services
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Solar Industries Limited
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Austin Powder
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dynitec
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Iskra
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ideal Industrial Explosives
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tamar Explosives
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mas Zengrange Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Blasterone
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Detnet
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook