+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

Europe Pyrotechnic Munitions Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type, Application, and End User

  • PDF Icon

    Report

  • 111 Pages
  • September 2022
  • Region: Europe
  • The Insight Partners
  • ID: 5668389
UP TO OFF until Mar 31st 2024
The pyrotechnic munitions market in Europe is expected to grow from US$ 1,065.27 million in 2022 to US$ 1,363.32 million by 2028; it is estimated to grow at a CAGR of 4.2% from 2022 to 2028.

The military forces train their personnel to keep their troops prepared and trained for missions at all times. Military training engages various types of military operations involving a lot of pyrotechnic munitions to create a live simulation environment. Further, the pyrotechnic munition companies collaborate with military forces to supply an adequate volume of pyrotechnic munitions for the military’s live simulation training exercises. This has increased the adoption of live pyrotechnic munitions, such as illumination signal rounds, markers, and smoke grenades. Furthermore, the military exercises that are organized during the nighttime involve many pyrotechnic illumination and signaling rounds, which is supporting the adoption of pyrotechnic munition for live training simulation. Thus, the increase in the usage of pyrotechnics for military training is catalyzing the growth of the pyrotechnic munition market.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe pyrotechnic munitions market at a substantial CAGR during the forecast period.

Europe Pyrotechnic Munitions Market Segmentation

The Europe pyrotechnic munitions market is segmented into type, application, end user, and country.
  • Based on type, the market is segmented into signaling and illumination, crowd control, and training. In 2022, the signaling and illumination segment held the largest share of the market. Further, the training segment is expected to register the highest CAGR during the forecast period.
  • Based on application, the Europe pyrotechnic munitions market is segmented into land forces, naval forces, and air forces. The land forces segment held the largest market share in 2022, and it is also expected to register the highest CAGR in the market during the forecast period.
  • Based on end user, the market is bifurcated into military and law enforcement agencies. In 2022, the military segment held a larger market share, and it is also expected to register a higher CAGR during the forecast period.
  • Based on country, the Europe pyrotechnic munitions market is segmented into France, Germany, Italy, the UK, Russia, and the Rest of Europe. In 2022, Russia held the largest market share. However, the UK is expected to register the highest CAGR during the forecast period.
LACROIX, Primetake Ltd, WESCOM GROUP, Chemring Group PLC, ARSENAL, and Rheinmetall AG are among the leading companies operating in the Europe pyrotechnic munitions market.
Frequently Asked Questions about the European Pyrotechnic Munitions Market

What is the estimated value of the European Pyrotechnic Munitions Market?

The European Pyrotechnic Munitions Market was estimated to be valued at $1065.27 Million in 2022.

What is the growth rate of the European Pyrotechnic Munitions Market?

The growth rate of the European Pyrotechnic Munitions Market is 4.2%, with an estimated value of $1363.32 Million by 2028.

What is the forecasted size of the European Pyrotechnic Munitions Market?

The European Pyrotechnic Munitions Market is estimated to be worth $1363.32 Million by 2028.

Who are the key companies in the European Pyrotechnic Munitions Market?

Key companies in the European Pyrotechnic Munitions Market include LACROIX, Primetake Ltd, WESCOM GROUP, Chemring Group PLC, ARSENAL and Rheinmetall AG.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Pyrotechnic Munitions Market Landscape
4.1 Market Overview
4.2 Porter’s Five Force Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat of New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Pyrotechnic Munitions Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Raising Demand for Pyrotechnic Markers Across Defense Forces
5.1.2 Collaboration of Companies with Defense Forces for Live Training Simulation
5.2 Market Restraints
5.2.1 Certification Challenges and Counterfeit Product
5.3 Future Trends
5.3.1 Introduction of Electric Pyrotechnics
5.4 Impact Analysis of Drivers and Restraints
6. Europe Pyrotechnic Munitions Market Analysis
6.1 Europe Pyrotechnic Munitions Market Overview
6.2 Europe Pyrotechnic Munitions Market Forecast and Analysis
7. Europe Pyrotechnic Munitions Market Analysis - by Product Type
7.1 Overview
7.2 Europe Pyrotechnic Munitions Market, By Product Type
7.3 Signalling and Illumination
7.3.1 Overview
7.3.2 Signalling and Illumination: Pyrotechnic Munitions Market Revenue and Forecast to 2028 (US$ Million)
7.4 Crowd Control
7.4.1 Overview
7.4.2 Crowd Control: Pyrotechnic Munitions Market Revenue and Forecast to 2028 (US$ Million)
7.5 Training
7.5.1 Overview
7.5.2 Training: Pyrotechnic Munitions Market Revenue and Forecast to 2028 (US$ Million)
8. Europe Pyrotechnic Munitions Market Analysis - by Application
8.1 Overview
8.2 Europe Pyrotechnic Munitions Market, By Application
8.3 Land Forces
8.3.1 Overview
8.3.2 Land Forces: Pyrotechnic Munitions Market Revenue and Forecast to 2028 (US$ Million)
8.4 Naval Forces
8.4.1 Overview
8.4.2 Naval Forces: Pyrotechnic Munitions Market Revenue and Forecast to 2028 (US$ Million)
8.5 Air Forces
8.5.1 Overview
8.5.2 Air Forces: Pyrotechnic Munitions Market Revenue and Forecast to 2028 (US$ Million)
9. Europe Pyrotechnic Munitions Market Analysis - by End User
9.1 Overview
9.2 Europe Pyrotechnic Munitions Market, By End Use
9.3 Military
9.3.1 Overview
9.3.2 Military: Pyrotechnic Munitions Market Revenue and Forecast to 2028 (US$ Million)
9.4 Law Enforcement Agencies
9.4.1 Overview
9.4.2 Law Enforcement Agencies: Pyrotechnic Munitions Market Revenue and Forecast to 2028 (US$ Million)
10. Europe Pyrotechnic Munitions Market - Country Analysis
10.1 Overview
10.1.1 Europe: Pyrotechnic Munitions Market, by Key Country
10.1.1.1 Germany: Pyrotechnic Munitions Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Pyrotechnic Munitions Market, By Product Type
10.1.1.1.2 Germany: Pyrotechnic Munitions Market, By Application
10.1.1.1.3 Germany: Pyrotechnic Munitions Market, By End Use
10.1.1.2 France: Pyrotechnic Munitions Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Pyrotechnic Munitions Market, By Product Type
10.1.1.2.2 France: Pyrotechnic Munitions Market, By Application
10.1.1.2.3 France: Pyrotechnic Munitions Market, By End Use
10.1.1.3 Italy: Pyrotechnic Munitions Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Pyrotechnic Munitions Market, By Product Type
10.1.1.3.2 Italy: Pyrotechnic Munitions Market, By Application
10.1.1.3.3 Italy: Pyrotechnic Munitions Market, By End Use
10.1.1.4 UK: Pyrotechnic Munitions Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: Pyrotechnic Munitions Market, By Product Type
10.1.1.4.2 UK: Pyrotechnic Munitions Market, By Application
10.1.1.4.3 UK: Pyrotechnic Munitions Market, By End Use
10.1.1.5 Russia: Pyrotechnic Munitions Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Pyrotechnic Munitions Market, By Product Type
10.1.1.5.2 Russia: Pyrotechnic Munitions Market, By Application
10.1.1.5.3 Russia: Pyrotechnic Munitions Market, By End Use
10.1.1.6 Rest of Europe: Pyrotechnic Munitions Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Pyrotechnic Munitions Market, By Product Type
10.1.1.6.2 Rest of Europe: Pyrotechnic Munitions Market, By Application
10.1.1.6.3 Rest of Europe: Pyrotechnic Munitions Market, By End Use
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Development
12. Company Profiles
12.1 ARSENAL
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 LACROIX
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Primetake Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Rheinmetall AG
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 WESCOM GROUP
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Chemring Group PLC
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Word Index

Companies Mentioned

A selection of companies mentioned in this report includes:

  • LACROIX
  • Primetake Ltd
  • WESCOM GROUP
  • Chemring Group PLC
  • ARSENAL
  • Rheinmetall AG