Pyrotechnic Munitions Market Analysis, Scope, and Growth by 2031
Pyrotechnic Munitions Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 3.51 Billion |
Market Size by 2031 | US$ 5.83 Billion |
Global CAGR (2023 - 2031) | 6.6% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Pyrotechnic Munitions Market News and Recent Developments
The pyrotechnic munitions market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the pyrotechnic munitions market are listed below:
- The Swiss procurement authority armasuisse has contracted with Rheinmetall to supply a new generation of the tried-and-tested, highly effective Maske 76 rapid smoke/obscurant cartridge, known in Switzerland as the “7,6cm Nebelpatrone 21 mit elektrischer Zündung”, or “7.6cm Smoke/Obscurant Cartridge with Electric Fuse”. (Source: Rheinmetall, Press Release, Feb 2022)
Wescom Group is delighted to announce the acquisition of UK-based military pyrotechnics manufacturer, PW Defence Ltd. (PWD). The acquisition will enable Wescom to expand its defence product portfolio and international sales network, whilst benefiting from new manufacturing and testing facilities. (Source: Wescom Group, Press Release, Feb 2021)
Pyrotechnic Munitions Market Report Coverage and Deliverables
The “Pyrotechnic Munitions Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Pyrotechnic munitions market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Pyrotechnic munitions market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed porter’s five forces analysis
- Pyrotechnic munitions market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the pyrotechnic munitions market
- Detailed company profiles