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Fire Control System Market: Revenue and growth prediction till 2028

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Stratview Research delivers key insights on the Global Fire Control System Market. According to
Stratview Research, the market is segmented by system Type (Target Acquisition & Guidance System,
Navigation Systems, Power Systems, Auxiliary Systems, Ballistics Computer, and Display & Interface
Units, Stabilization Systems, and others), Platform Type (Land, Naval, and Airborne), by weapon
class (Automatic Guns and Launchers), Range Type (Short-Range (0-9 Km), Medium-Range (9-80
Km), and Long-Range (Above 80 Km)), and Region.
Market Insights
The report suggests that the overall Fire Control System Market was estimated at US$ 6.3 Billion in
2021 and is expected to grow at a CAGR of 4.1% during the forecast period to reach US$ 9.1 Billion
in 2028.
Market Segments' Analysis
Platform Type
The market is bifurcated into Land, Naval, and Airborne. The airborne segment is anticipated to
register the highest CAGR during the forecast period. Every other fighter aircraft and
helicopter/chopper is installed with fire control systems.
Weapon class Type
The market is segmented as Automatic Guns and Launchers. The Launchers account for the largest
market share in 2021, attributed to high-adoption land, airborne, and naval platforms for surface-toair warfare to engage with main battle tanks and other armored fighting vehicles.
Regions Analysis
North America is likely to maintain its supremacy in the market throughout the forecast
period. This enhances the construction-related projects that boost growth within the market. In retort
to time, technology has also developed, providing concreteness to future growth.
Key Players
The following are some of the key players in the fire control system market:
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Lockheed Martin Corporation
Safran Group
Ultra Electronics
Rheinmetall AG
Northrop Grumman Corporation
Raytheon Company
Wilcox Industries
Seiler Instrument
Thales Group
Bharat Electronics Limited
Elbit Systems Ltd
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the
following questions…
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What is the global demand for fire control system market in terms of revenue?
Which are the prominent players in the market?
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At what CAGR is the market projected to grow within the forecast period?
What are the driving factors fuelling the growth of the market?
Which region accounted for the largest share in the market?
How did the Covid19 impacted the market?
How long will it take to recover from the Covid impact?
Why Stratview Research?
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Exhaustive qualitative and quantitative data
Uninterrupted post-sales support
Appropriate market trend and forecast analysis.
All-inclusive report
Decent price-performance ratio
Reliable data
Attractive market segments and associated growth opportunities.
Customised report services
About Us –
Stratview Research is a leading global market research firm providing expert research solutions, trusted
by clients worldwide. To keep our clients ahead of the curve, we provide data backed by extensive
market research and in-depth industry knowledge. The broad spectrum of integrated insights is referred
to, and cited by press releases, interview with key players, white papers, journals, etc. Stratview research
also offers custom research services across the sectors. In case of any custom research requirement
related to market assessment, competitive benchmarking, sourcing and procurement, target screening,
and others, please connect with our team.
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