The global Electronic Fuzes market was valued at US$ 894.4 million in 2022 and is projected to reach US$ 1163.4 million by 2029, at a CAGR of 3.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

A fuze is an electronic or mechanical device attached to the ammunition to provide reliable and safe detonation at the time and place needed. These devices control the safe separation of the ammunition from the launch platform and trigger the explosion. Missiles, rockets, bombs, and shells. Ammunition and other ammunition are an important part of the army?s launching capabilities in modern warfare. Because these ammunitions contain explosives, there is always a danger of explosion during storage, launching and handling. This requires some safety devices to be added to these ammunitions. Safety. The system should work until the ammunition is propelled and launched, and the launching mechanism should be controlled. In order to achieve this, there is also a loading mechanism in the ammunition. All the above necessities are met by a small gadget called a fuze .

The basic functions of the fuze are armament, security, shooting and target sensing. The insurance, disarming and ignition mechanisms of mechanical fuze mainly involve mechanical parts, linkage mechanisms and other mechanisms. Because of its simplicity and ease of conceptualization, a mechanical fuze was the first fuze developed and is still used in many different types of ammunition. Fuzes operated by mechanical devices utilize mechanical connections, such as gears, springs, rotors, sliders, and plungers, or a combination of some of them. Due to extensive safety requirements, mechanical fuzes have many components and are designed with a clockwork structure.

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There are some main considerations when designing mechanical and electrical fuzes. These factors include safety and stress resistance, deterioration in use, handling and storage, reliability of movement, simple structure and sufficient strength. Due to extensive safety requirements, mechanical fuzes usually have many components and are designed with a clockwork structure. The electronic fuze was developed in the mid-1960s, and since then, this technology has continued to develop. Today, electronic fuzes are being used in many modern weapon systems and have replaced mechanical fuzes in many places.

This report aims to provide a comprehensive presentation of the global market for Electronic Fuzes, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Fuzes. This report contains market size and forecasts of Electronic Fuzes in global, including the following market information:

Global Electronic Fuzes Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Electronic Fuzes Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Electronic Fuzes companies in 2022 (%)

The industry's leading producers are L3 Technologies, Orbital ATK and Kaman, which accounted for 23.64%, 17.83% and 13.99% of revenue in 2019, respectively.

We surveyed the Electronic Fuzes manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Electronic Fuzes Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Electronic Fuzes Market Segment Percentages, by Type, 2022 (%)

Mortar Fuzes
Artillery Fuzes
Rocket and Missile Fuzes
Aircraft Fuzes
Others

Global Electronic Fuzes Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Electronic Fuzes Market Segment Percentages, by Application, 2022 (%)

Civil Applications
Military Applications
Other Applications

Global Electronic Fuzes Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Electronic Fuzes Market Segment Percentages, By Region and Country, 2022 (%)

North America
US
Canada
Mexico
Europe

Germany
France
U.K.
Italy

Russia
Nordic Countries
Benelux
Rest of Europe

Asia
China
Japan
South Korea

Southeast Asia
India
Rest of Asia
South America

Brazil
Argentina
Rest of South America
Middle East & Africa

Turkey
Israel
Saudi Arabia
UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Electronic Fuzes revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Electronic Fuzes revenues share in global market, 2022 (%)

Key companies Electronic Fuzes sales in global market, 2018-2023 (Estimated), (K Units)

Key companies Electronic Fuzes sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

L3 Technologies
Orbital ATK (Northrop Grumman)
Kaman
Expal (Maxam Group)
JUNGHANS Microtec GmbH

Reutech
DIXI Microtechniques
Sandeep Metalcraft
Reshef Technologies

Outline of Major Chapters:

Chapter 1: Introduces the definition of Electronic Fuzes, market overview.
Chapter 2: Global Electronic Fuzes market size in revenue and volume.
Chapter 3: Detailed analysis of Electronic Fuzes manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various 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.
Chapter 5: 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.

Chapter 6: Sales of Electronic Fuzes in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
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.
Chapter 8: Global Electronic Fuzes capacity by region & country.
Chapter 9: Introduces 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.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

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Electronic Fuzes Market, Global Outlook and Forecast 2023-2029