Global Fire Control System Market Comprehensive Analysis and Forecast 2022 to 2027

Global Fire Control System Market Overview: 2022-2027

Base Year: 2021

Historical Years: 2017-20

Forecast Years: 2022-2027

The Global Fire Control System Market size was valued at around USD 716 million in 2022 and is projected to reach USD 1,300 million by 2027. Along with this, the market is estimated to grow at a CAGR of around 10.56% during the forecast period, i.e., 2022-30.  The Global Fire Control System Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.

Markntel Advisor’s Global Fire Control System Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Fire Control System Market drivers, barriers, Global Fire Control System Market Trends, and Key Players in Global Fire Control System Market.

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Global Fire Control System Market Dynamics: 2022-2027

Possible Restraint: High Research & Development Costs

The defense industry requires sustained funding for research & development activities. The designs, development, and production of weapons, missiles, tanks, fighter jets, fighter helicopters, etc., are highly expensive & time-consuming, making them a highly capital-intensive activity. In addition, the integration of fire control systems with these platforms is complex and requires a lot of research & development. Besides, developing countries such as India, Indonesia, etc., rely on developed nations for military hardware & advanced technologies. Moreover, the advancements in technologies require huge funds. Thus, high research & developments costs pose a challenge for the Fire Control System market.

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Global Fire Control System Market (2022-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By System

-Target Acquisition & Guidance System

-Fire Control Radar

Sonar

-Rangefinder

-Ballistics Computer & Display & Interface Units

-Navigation Systems

-Power Systems

-Auxiliary Systems

-Stabilization Systems

-Others

By Platform

-Land

-Main Battle Tanks

-Armored Fighting Vehicles (AFV)

-Light Protected Vehicles (LPV)

-Multiple Rocket Launcher Systems(MRLS)

-Unmanned Ground Vehicles

-Artillery Systems

-Air Defense System

-Howitzers

-Mortars

Naval

-Destroyers

-Frigates

-Corvettes

-Oshore Patrol Vessels (OPV)

-Amphibious Ships

-Submarines

-Unmanned Surface Vehicles (USVs)

-Airborne

-Attack Helicopters

-Fighter Aircraft

-Special Mission Aircraft

By Weapon Class

-Automatic Guns

-Rifles

-Machine Guns

-Gatling Guns

-Autocannons

-Launchers

-Automatic Grenade Launchers

-Missile Launchers

-Rocket Launchers

-Mortar Launchers

-Torpedo Launchers

By Range

-Short Range (0-9 Km)

-Medium Range (9.1-80 Km)

-Long Range (Above 80 Km)

By Region

-North America

-South America

-Europe

-Middle East & Africa

-Asia-Pacific.

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Top Companies Operating in the Global Fire Control System Market:

Elbit Systems Ltd., General Dynamics Corporation, Indra Sistemas, S.A., BAE Systems Inc., Lockheed Martin Corp., Safran Group, Ultra Electronics Group, Rheinmetall AG, Leonardo SpA, Northrop Grumman Corporation, L3Harris Technologies Inc, Raytheon Technologies Corp., SAAB AB, Thales Group, Israel Aerospace Industries (IAI) Ltd.

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