Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Remote Firing Systems Market by Type (Initiation System, Detonator), By Application (Mining & Quarrying, Construction, Road Construction, Military) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Remote Firing Systems Market by Type (Initiation System, Detonator), By Application (Mining & Quarrying, Construction, Road Construction, Military) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 158204 3300 Machinery & Equipment 377 237 Pages 4.6 (44)
                                          

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).


Global Remote Firing Systems Industry Outlook


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:

  1. Orica Mining Services
  2. Solar Industries Limited
  3. Austin Powder
  4. Dynitec
  5. Iskra
  6. Ideal Industrial Explosives
  7. Tamar Explosives
  8. Mas Zengrange Ltd.
  9. Blasterone
  10. Detnet

Global Remote Firing Systems Market Overview


Highlights of The Remote Firing Systems Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Initiation System
    2. Detonator
  1. By Application:

    1. Mining & Quarrying
    2. Construction
    3. Road Construction
    4. Military
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Remote Firing Systems Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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