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Global Fire Control System Market Research Report: Forecast (2022-27)

By System (Target Acquisition & Guidance System, Ballistics Computer & Display & Interface Units, Navigation Systems, Power Systems, Auxiliary Systems, Stabilization Systems), By P......latform (Land, Naval, Airborne), By Weapon Class (Automatic Guns, Launchers), By Range (Short Range, Medium Range, Long Range), By Regions (North America, Europe, the Middle East & Africa, Asia-Pacific), By Competitors (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) Read more

Aerospace & Defense
Apr 2022
Pages 223
Report Format: PDF, Excel, PPT

Market Definition

The fire control systems are critical components in projectile firing equipment that help to guide & target for course correction and help deliver weapons with precision. These systems include various components such as radar, sonar, rangefinders, Infrared Search & Track systems, etc. With the integration of these sensors, the desired pinpoint accuracy of the weapons delivery is being achieved as well the course correction of the weapons delivery is also attained with precision. The rising demand for military weapons across the defense industry stimulated the purchase of military weapon systems in the defense sector.

As a result, this intensified & necessitated the demand for fire control systems in military weapons. The market growth of fire control systems has also gained a sizeable market growth due to the advancements in the guidance technology for weapons as well as increasing demand for long stand-off range weapons used to deliver the payload with precision. This is further expected to grow with the increasing development of next-generation technologies of fire control systems in the land, sea, and air-based platforms.

Market Insights

The Global Fire Control System market is estimated to grow at a CAGR of around 5.22% during the forecast period, i.e., 2022-27. Some of the reasons attributing to the growth were emerging geopolitical tensions in the Asia-Pacific & the Middle East regions that led to an increase in the defense expenditure by the leading militaries such as the US, Russia, China, India, and Saudi Arabia, etc. Amid ongoing developments viz., Russia-Ukraine crisis, South China Sea territorial dispute, Indo-China Border tensions, etc., the demand for fire control systems, along with the various land-, sea-, and air-based firing solutions would come into the picture.

Report Coverage	Details
Study Period	Historical Data: 2017-20
	Base Year: 2021
	Forecast Period: 2022-27
CAGR(2022-27)	5.22%
Regions Covered	North America: USA, Canada
	Europe: Germany, France, Italy, UK, Russia
	Asia-Pacific: China, India, Japan, South Korea, Australia
	South America: Brazil
	Middle East & Africa: Saudi Arabia, Israel, Turkey
Key Companies Profiled	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
Unit Denominations	USD Million/Billion

In addition, the US & Canada increased their military budgets to enrich defense sector capabilities by purchasing automated military hardware, including fighter jets, aircraft, nuclear submarines, attack helicopters, offshore patrol ships, frigates, as well as upgrading their old fleets. Besides, the rising expenditure for the advancement of military equipment & infrastructure increased the demand for fire control systems as it provides greater accuracy & safety to soldiers during wars & in anti-terrorist operations. As per Stockholm International Peace Research Institute (SIPRI), the Global defense budget for 2020 was USD1.96 trillion, which was relatively higher as compared to the global defense budget of USD1.79 trillion in the year 2017. This was used for the procurement of military weapons, operation & maintenance, military personnel research & development, etc.

Introduction
1. Research Process
2. Assumption
3. Market Segmentation
4. Market Definition
Executive Summary
Expert Verbatim- What our Experts Say?
Global Fire Control System Market Outlook, 2017-
1. Market Size and Analysis
  1. By Revenues
2. Market Share and Analysis
  1. By System
    1. Target Acquisition & Guidance System
      1. Fire Control Radar
      2. Sonar
      3. Rangefinder
    2. Ballistics Computer & Display & Interface Units
    3. Navigation Systems
    4. Power Systems
    5. Auxiliary Systems
    6. Stabilization Systems
    7. Others
  2. By Platform
    1. Land
      1. Main Battle Tanks
      2. Armored Fighting Vehicles (AFV)
      3. Light Protected Vehicles (LPV)
      4. Multiple Rocket Launcher Systems(MRLS)
      5. Unmanned Ground Vehicles
      6. Artillery Systems
        
        Air Defense System
        
        Howitzers
        
        Mortars
    2. Naval
      1. Destroyers
      2. Frigates
      3. Corvettes
      4. Oshore Patrol Vessels (OPV)
      5. Amphibious Ships
      6. Submarines
      7. Unmanned Surface Vehicles (USVs)
    3. Airborne
      1. Attack Helicopters
      2. Fighter Aircraft
      3. Special Mission Aircraft
  3. By Weapon Class
    1. Automatic Guns
      1. Rifles
      2. Machine Guns
      3. Gatling Guns
      4. Autocannons
    2. Launchers
      1. Automatic Grenade Launchers
      2. Missile Launchers
      3. Rocket Launchers
      4. Mortar Launchers
      5. Torpedo Launchers
  4. By Range
    1. Short Range (0-9 Km)
    2. Medium Range (9.1-80 Km)
    3. Long Range (Above 80 Km)
  5. By Region
    1. North America
    2. South America
    3. Europe
    4. Middle East & Africa
    5. Asia-Pacific
  6. By Company
    1. Revenue Shares
    2. Strategic Factorial Indexing
    3. Competitor Placement in MarkNtel Quadrant
North America Fire Control System Market Outlook, 2017-
1. Market Size and Analysis
  1. By Revenues
2. Market Share and Analysis
  1. By System
  2. By Platform
  3. By Weapon Class
  4. By Range
  5. By Country
    1. US
    2. Canada
3. The US Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
4. Canada Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
South America Fire Control System Market Outlook, 2017-2027
1. Market Size and Analysis
  1. By Revenues
2. Market Share and Analysis
  1. By System
  2. By Platform
  3. By Weapon Class
  4. By Range
  5. By Country
    1. Brazil
3. Brazil Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
Europe Fire Control System Market Outlook, 2017-2027
1. Market Size and Analysis
2. Market Size and Analysis
  1. By Revenues
3. Market Share and Analysis
  1. By System
  2. By Platform
  3. By Weapon Class
  4. By Platform
  5. By Country
    1. Germany
    2. Italy
    3. France
    4. The UK
    5. Russia
4. Germany Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
5. Italy Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
6. France Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
7. UK Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
8. Russia Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
Middle East & Africa Fire Control System Market Outlook, 2017-2027
1. Market Size and Analysis
  1. By Revenues
2. Market Share and Analysis
  1. By System
  2. By Platform
  3. By Weapon Class
  4. By Range
  5. By Country
    1. Saudi Arabia
    2. Israel
    3. Turkey
3. Saudi Arabia Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
4. Israel Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
5. Turkey Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
Asia-Pacific Fire Control System Market Outlook, 2017-2027
1. Market Size and Analysis
  1. By Revenues
2. Market Share and Analysis
  1. By System
  2. By Platform
  3. By Weapon Class
  4. By Platform
  5. By Country
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Australia
3. China Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
4. India Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
5. Japan Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
6. South Korea Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
7. Australia Fire Control System Market Outlook, 2017-
  1. Market Size and Analysis
    1. By Revenues
  2. Market Share and Analysis
    1. By System
    2. By Platform
    3. By Weapon Class
    4. By Range
Global Fire Control System Market Policies, Regulations, System Standards
Global Fire Control System Market Trends & Insights
Global Fire Control System Market Dynamics
1. Growth Drivers
2. Challenges
3. Impact Analysis
Global Fire Control System Market Hotspot and Opportunities
Global Fire Control System Market Key Strategic Imperatives for Success and Growth
Competitive Outlook
1. Competition Matrix
  1. System Portfolio
  2. Brand Specialization
  3. Target Markets
  4. Target Systems
  5. Research & Development
  6. Strategic Alliances
  7. Strategic Initiatives
2. Company Profiles (Business Description, System Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
  1. Elbit Systems
  2. General Dynamics Corporation
  3. Indra
  4. Bae Systems
  5. Lockheed Martin
  6. Safran Group
  7. Ultra Electronics
  8. Rheinmetall AG
  9. Leonardo
  10. Northrop Grumman Corporation
  11. L3 Harris
  12. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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