Remote firing system

Global Remote Firing System Market Size, by Device (Remote Initiation System, Detonators), Application & Region - Key Manufacturers, Analysis, Growth Trends, and Forecast till 2025

Category: Machinery and Equipment     ID: IRP1738     Date: Aug, 2020
A remote firing system is an advanced technology that is developed to upgrade and integrate innovative features into the existing firing system. This system features long-range and on-the-move hit against moving targets, which offers unparalleled performance in battlefield conditions.
The global remote firing system market growth is attributable to several factors, including developing urban infrastructure, rising implementation of trading through sea routes, and technological advancements taking place in electric initiation and detonator system, among others. Among them, increasing infrastructure development is a key factor driving the global remote firing system market. To construct large infrastructure projects, such as canals, tunnels, open excavation for hydropower stations, and underground metro stations, a massive amount of soil and rock mass has to be displaced. Therefore, to scrumble or excavate through dense rock in such projects, drilling and blasting are cheap techniques to accomplish the project as planned. Moreover, the rising number of underground metro rail projects will significantly stimulate the demand for the blasting system which will have a positive impact on the global remote firing system market over the foreseeable future.
However, stringent government regulations imposed to regulate the blasting practices may create hindrance to the market growth. These regulations can be related to several factors, such as effective access control, accurate determination of the blast area, displacing people beyond the impact zone, use of adequate blasting shelters, effective and uninterrupted communication, and employees’ training, among others.
The global remote firing system market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2025, at a CAGR of XX% during 2018 to 2025. Scope of global remote firing system market includes by device (remote initiation system, detonators), by application (construction, mining, military, others), and by region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).

The global remote firing system market is primarily segmented by device, application, and region.

In terms of device, the market is split into:
* Remote Initiation System
* Detonators

On the application front, the market is segmented into:
* Construction
* Mining
* Military
* Others

Moreover, the market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia

Key Market Players:
The key players profiled in the market include:
* Mas Zengrange
* Orica Limited
* Austin Powder
* Ideal Supply Inc.
* DetNet
* TAMAR Explosives
* Solar Industries Limited
* Dyno Nobel
* DynITEC GmbH
* MERLIN Electronic Ltd.
* Livewire Pyrotechnic Systems
* Pyromate
* Galaxis Showtechnik GmbH

These enterprises have been focusing on development strategies, such as expansions, new Raw Material launches, agreements & partnerships, and acquisitions to expand their end-use industry across the globe.
Key Benefits of the Report:
* Global, regional, country, device, and application market size and their forecast from 2015-2026
* Identification and detailed analysis and insights on key market dynamics, such as drivers, opportunities, restraints, and challenges influencing the growth of the market
* Detailed analysis an insights on industry outlook with market specific PESTLE analysis, Porter’s Five Forces analysis, and Value Chain analysis, to achieve a better understanding of the market and prepare expansion strategies
* Identification and comprehensive analysis of key market players and their market share, detailed financial positions, key Raw Materials, core competencies, and unique selling points
* Identification and analysis of Key players’ competitive developments and strategic initiatives, such as mergers, joint ventures, sales contracts, and new Raw Material introduction in the market
* Expert interviews and their insights on current and future outlook, market shift, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, device, and application with qualitative and quantitative facts
* Identification of the key patents filed in the field of remote firing system
* Owing to the volatility seen in the market due to the Global COVID-19 pandemic, businesses around the globe wish to know the impact on their market and how this changes the projections for 2020 and the forthcoming years. Orian Research is in talks with seasoned market analysts and key note speakers to understand the impact of COVID 19 on markets and factors that will bring in stability in the foreseeable future

Target Audience:
* Remote Firing System manufacturer & Technology Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies

Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Government Body & Associations
* Research Institutes

Project Analysis

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