Fire Control System to Witness Widespread Expansion During 2018 – 2023

NY, USA, August-26, 2019 /Aerospace -- 

The fire control system market is projected to grow from $5.9 billion in 2018 to $7.3 billion by 2023, at a CAGR of 4.37% from 2018 to 2023

Based on platform, the airborne segment is expected to grow at the highest CAGR during the forecast period

Based on platform, the airborne segment of the fire control system market is projected to grow at the highest CAGR during the forecast period. Fire control systems play a crucial role in combat aircraft, in hitting targets in air to air missions with accuracy. Across the world, every other fighter aircraft and helicopter is installed with fire control systems. Airborne platforms have evolved to support multi-mission warfare machines capable of conducting a variety of missions. These platforms can be used for command & control, air defense, bombing, air dominance, close air support, reconnaissance, and other roles.

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Table of Contents

1 Introduction (Page No. - 21)

    1.1 Objectives of the Study
    1.2 Market Definition
           1.2.1 Markets Covered
           1.2.2 Years Considered for the Study
    1.3 Currency & Pricing
    1.4 Limitations
    1.5 Market Stakeholders

2 Research Methodology (Page No. - 24)

    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
    2.2 Market Definition & Scope
           2.2.1 Segment Definitions
                    2.2.1.1 Fire Control System Market, By System
                    2.2.1.2 Fire Control System Market, By Platform
                    2.2.1.3 Fire Control System Market, By Weapon Class
                    2.2.1.4 Fire Control System Market, By Range
           2.2.2 Exclusions
           2.2.3 Breakdown of Primaries
    2.3 Research Approach & Methodology
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Market Breakdown & Data Triangulation
           2.4.1 Market Sizing and Forecasting
    2.5 Grey Areas

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List of Tables (92 Tables)

Table 1 Important Innovation and Patent Registrations, 2013-2018
Table 2 Fire Control System Market Size, By System, 2016–2023 (USD Million)
Table 3 Target Acquisition & Guidance System Market Size, By Region, 2016–2023 (USD Million)
Table 4 Ballistics Computer and Display & Interface Units Market Size, By Region, 2016–2023 (USD Million)
Table 5 Navigation System Market Size, By Region, 2016–2023 (USD Million)
Table 6 Power Systems Market Size, By Region, 2016–2023 (USD Million)
Table 7 Auxiliary Systems Market Size, By Region, 2016–2023 (USD Million)
Table 8 Stabilization Systems Market Size, By Region, 2016–2023 (USD Million)
Table 9 Other Systems Market Size, By Region, 2016–2023 (USD Million)
Table 10 Fire Control System Market Size, By Platform, 2016-2023 (USD Million)
Table 11 Land Fire Control System Market Size, By Application, 2016-2023 (USD Million)
Table 12 Land Fire Control System Market Size, By Region, 2016-2023 (USD Million)
Table 13 Land Fire Control System Market Size, By Artillery System, 2016-2023 (USD Million)
Table 14 Naval Fire Control System Market Size, By Application, 2016-2023 (USD Million)
Table 15 Naval Fire Control System Market Size, By Region, 2016-2023 (USD Million)
Table 16 Airborne Fire Control System Market Size, By Application, 2016-2023 (USD Million)
Table 17 Airborne Fire Control System Market Size, By Region, 2016-2023 (USD Million)
Table 18 Fire Control System Market Size, By Weapon Class, 2016–2023 (USD Million)
Table 19 Fire Control System Market in Automatic Guns, By Region, 2016-2023 (USD Million)
Table 20 Fire Control System Market in Automatic Guns, By Type, 2016-2023 (USD Million)

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List of Figures (48 Figures)

Figure 1 Research Process Flow
Figure 2 Fire Control System Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Assumptions of the Research Study
Figure 8 Land Segment Projected to Lead Fire Control System Market From 2018 to 2023
Figure 9 Launchers Segment Projected to Lead Fire Control System Market From 2018 to 2023
Figure 10 Target Acquisition & Guidance Systems Segment Projected to Lead Fire Control System Market From 2018 to 2023
Figure 11 Medium-Range (8 to 90km) Segment Projected to Lead Fire Control System Market From 2018 to 2023
Figure 12 Ongoing Military Modernization Programs is One of the Major Factors Driving the Fire Control System Market
Figure 13 Target Acquisition & Guidance Systems Segment Expected to Lead Fire Control System Market During Forecast Period
Figure 14 Fire Control Radar Segment Expected to Lead Target Acquisition & Guidance Systems Market From 2018 to 2023
Figure 15 Armored Fighting Vehicles Segment Expected to Lead Land Fire Control System Market From 2018 to 2023

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Key Market Players

The major players in the fire control system market include Elbit Systems Ltd (Israel), General Dynamics Corporation (US), Rheinmetall AG (Germany), BAE Systems (UK), Lockheed Martin (US), Safran (France), Leonardo (Italy), Raytheon Company (US), SAAB (Sweden), Aselsan A.S. (Turkey), Northrop Grumman (US), and Israel Aerospace Industries (Israel), among others. These players have adopted various growth strategies, such as contracts, acquisitions, expansions, and partnerships/collaborations, to further expand their presence in the global fire control system market.