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Fire Control System Market is expected to reach US$12,108.8 million in 2031: Visiongain Reports Ltd

·5-min read
Visiongain Reports Ltd
Visiongain Reports Ltd

Visiongain has published a new report on Fire Control System Market Report Forecast 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)}, by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), PLUS COVID-19 Recovery Scenarios

According to Visiongain analysis, 'The global fire control system market is estimated to be valued at US$6,451.6 million in 2020 and is expected to reach US$8,759.4 million in 2026 from its previous value of US$6,767.7 million in 2021. Visiongain further anticipates that the region will reach US$12,108.8 million in 2031 while growing at a CAGR of 5.99% from 2021 to 2031.

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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 neighboring 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 impacted the 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 defense ecosystem under pressure in radically new forms and to an unforeseen degree of intensity. The defense 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.

How the Fire Control System Market report helps you
In summary, our 340+ page report provides you with the following knowledge:

  • Revenue forecasts to 2031 for Fire Control System Market, with forecasts for System, Platform, Weapon Class, and Range, each forecasted at a global and regional level- discover the industry's prospects, finding the most lucrative places for investments and revenues

  • Revenue forecasts to 2031 for 5 regional and 17 key national markets - See forecasts for the Fire Control System market in North America, Europe, Asia-Pacific and Rest of the World. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Italy, Spain, China, India, and Japan, among other prominent economies.

  • Prospects for established firms and those seeking to enter the market- including company profiles for 12 of the major companies involved in the fire control system market. Some of the company's profiled in this 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.

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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.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.

Information found nowhere else

With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the fire control systems market and leading companies. You will find data, trends, and predictions.

Find more research reports on the Defense Industry, please click on the following links:

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About Visiongain

Visiongain is one of the fastest growing and most innovative, independent, market intelligence around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports cover a 10-year forecast, are hundreds of pages long, with in depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets, which currently can influence one another, these markets include automotive, aviation, chemicals, cyber, defense, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customized and syndicated market research reports mean that you can have a bespoke piece of market intelligence customized to your very own business needs.

Dev Visavadia
PR at Visiongain Reports Limited
Tel: + 44 0207 336 6100

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