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Middle East & Africa Pyrotechnic Munitions Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Signaling and Illumination, Crowd Control, and Training), Application (Land Forces, Naval Forces, and Air Forces), and End User (Military and Law Enforcement Agencies)

Report Code :  BMIRE00025951
No. of Pages :  95
Published Month :  Sep 2022
Category :  Aerospace and Defense
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The pyrotechnic munitions market in Middle East & Africa is expected to grow from US$ 169.87 million in 2022 to US$ 207.21 million by 2028; it is estimated to grow at a CAGR of 3.4% from 2021 to 2028.

 

Companies in the pyrotechnic munition market are focusing on product innovation, such as developing electric pyrotechnic munitions. Companies working on developing electric pyrotechnic munitions claim the product to be safer and easier to use than conventional pyrotechnics. Also, electric pyrotechnic munitions can be used multiple times. Unlike conventional pyrotechnics, such pyroelectric propellants are insensitive to accidental ignition by flame, spark, or impact. Such products are likely to increase the demand for electric pyrotechnic munitions across the military and law enforcement applications and propel the pyrotechnic munition market over the next few years.

 

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

 

 

Middle East & Africa Pyrotechnic Munitions Market Revenue and Forecast to 2028 (US$ Million) 

 

 

 

Middle East & Africa Pyrotechnic Munitions Market Segmentation

 

The Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa pyrotechnic munitions market is segmented into Saudi Arabia, South Africa, the UAE, and Rest of MEA. In 2022, Saudi Arabia held the largest market share. However, the UAE is expected to register the highest CAGR during the forecast period.

 

LACROIX, Chemring Group PLC, ARSENAL, and Rheinmetall AG are among the leading companies operating in the Middle East & Africa pyrotechnic munitions market.

  1. LACROIX                                                     
  2. Chemring Group PLC            
  3. ARSENAL
  4. Rheinmetall AG                  
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa pyrotechnic munitions market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa pyrotechnic munitions market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the pyrotechnic munitions market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution