Visiongain Publishes Fire Control System Market Report 2021-2031

01 February 2021
Defence

Visiongain has published a new report on Fire Control System Market Report 2021-2031: Forecasts by System (Target Acquisition & Guidance System, Ballistics Computer and Display & Interface Units, Navigation Systems, Power Systems, Others), Platform (Land, Naval, Airborne), Weapon Class (Automatic Guns, Launchers), Range (Short-Range (0-9 Km), Medium-Range (9-80 Km), Long-Range (Above 80 Km)) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Fire Control System Companies AND COVID-19 Recovery Scenarios.

The global fire control system market is projected to witness a CAGR of xx% during the first half of the forecast period i.e., 2021 to 2026 to reach US$ xx million in 2026 from its previous value of US$ xx million in 2021. The global market size is further projected to reach US$ xx million by 2031 at a CAGR of xx% from 2026 to 2031. The overall CAGR for the global Fire Control System market is expected to be xx% from 2021 to 2031.

Growing Usage of Automation Systems is Anticipated to Boost Fire Control Systems Market Growth
Growing usage of automation systems in fire control systems is anticipated to fuel market growth coupled with rising geo-political issues among several economies. According to Visiongain analysis, Asia Pacific dominated the global fire control systems market and is projected to hold maximum market share by 2031. China is the major region contributing to the growth of Asia Pacific fire control systems market. The regional market growth is attributed to border issues and geopolitical issues with its neighbouring economies. Over the forecast period, rising terrorist activities and rising military operations across India, China, and other Asian countries are projected to fuel market growth through 2031.

COVID-19 Impact on Fire Control Systems Market
The convergence of the pandemic, the economic effects of the quarantine steps required to combat the pandemic, and the simultaneous oil price war have put the defence ecosystem under pressure in radically new forms and to an unforeseen degree of intensity. The defence industry is being upended across the globe across about every area of supply and demand. Armed forces are being used in many nations to shore up health, logistics and domestic security systems on a 24/7 basis. A near-term rise in operations and maintenance (O&M) and military staff expenditures would be triggered by these operations.

Competitive Landscape
Some of the companies profiled in the report include General Dynamics Corporation, BAE Systems plc, Leonardo, Northrop Grumman, Rheinmetall AG, ASELSAN A.S, Thales Group, Indra, Raytheon, Saab Group, Lockheed Martin Corporation, WB Group, KMW, and Leidos.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 20 7549 9987.

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

Visiongain Publishes Laser Weapon Systems Market Report 2021-2031

With advancements in technology awareness regarding usage of NextGen weapons and systems in modern warfare is increasing among armed forces of major countries.

26 April 2021

Read

Visiongain Publishes Automotive Advanced Driver Assistance Systems (ADAS) Military Vehicles Market Report 2021-2031

Owing to the rise in the number of war threats and injuries, the market for safety features, such as crash avoidance systems, traction control, electronic stability control, tire pressure monitors, airbags and telematics, are in demand worldwide.

21 April 2021

Read

Visiongain Publishes X-Band Radar Market Report to 2031

Growing threat of unprecedented terrorist threats amid coronavirus pandemic is anticipated to propel the growth of x-band radar market over the forecast timeframe.

29 March 2021

Read

Visiongain Publishes VTOL UAV Market Report to 2031

VTOL (vertical take-off and landing) UAVs are finding huge demand from defense forces, owing to the runway-less take-off and landing feature associated with such aircraft. Moreover, the growing usage of VTOL UAVs in numerous applications, for instance, aerial remote sensing, product delivery, surveying & mapping, monitoring, and agriculture, is also bolstering the growth of the VTOL UAV market.

29 March 2021

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever