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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fire Control System Market Size Growth During Forecast Period.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fire Control System Market Size Growth During Forecast Period."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fire Control System Market Size Growth During Forecast Period.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Fire Control System Market is anticipated to achieve lucrative growth rate from 2019 to 2025 pushed by increasing terrorist activities along with an upsurge in military and naval operations across borders to enhance national and international security. Rising defense budgets globally along with modernization of ageing equipment are further expanding the industry share over the projected timeframe.  The benefits offered by the fire control systems including rapid target engagements, improving situational awareness along with improved gun crew survival are attracting military and naval forces globally to deploy such systems. Moreover, superior operational efficiency along with higher system accuracy to attack targets and enemies further expands the fire control system market share over the projected timeframe. Key Insights from Fire Control System Market:

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Continued…  Incorporation of advanced sensors and tools for felicitating automated fire control operations and trajectory correction are boosting the fire control system market size. Moreover, industry players are offering customized and advanced fire control systems for complying to the requirements of military. For instance, in March 2019, Leonardo entered into a strategic contract with the U.S.   Rising demand for light weight fire control systems are positively influencing the fire control system market size over the projected timeframe. Moreover, the enhanced operation of these systems at night along with superior vision and enemy locking and targeting capabilities owing to the presence of a telescope. Moreover, increasing investments from major economies for procuring and developing fire control systems are further expanding the industry share.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Aircraft Cabin Interior Market@ https://www.gminsights.com/industry- analysis/fire-control-system-markethttps://www.gminsights.com/industry- analysis/fire-control-system-market Request for a table of contents this research report @ https://www.gminsights.com/request-toc/upcoming/3280

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Market research reports: Key analytical components

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com BAE Systems Safran General Dynamics Corporation Lockheed Martin Rheinmetall AG Major Companies Fire Control System Market:

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Asia Pacific fire control system market share will grow considerably on account of rising defense expenditure across the region. For instance, the Chinese government increased its defense budget growth target up to 7.5% in 2019. Moreover, countries are also engaged in procuring modern equipment to improve their military operations significantly. For instance, in April 2019, the Indian government signed a strategic contract with Russia to procure 464 T-90 tanks with advanced fire control systems. Based on platform, the fire control system market size is categorized into land, airborne, and naval. Naval segment is expected to account for a considerable share on account of rising terrorism activities on seas globally. Regional Insights Fire Control System Market:

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