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“Pyrotechnics Devices Market” Market Analysis and Insights: Global Pyrotechnics Devices Market
Due to the COVID-19 pandemic, the global Pyrotechnics Devices market size is estimated to be worth USD million in 2023 and is forecast to a readjusted size of USD million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Explosive Squib accounting for % of the Pyrotechnics Devices global market in 2021, is projected to value USD million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Military Weapons segment is altered to an % CAGR throughout this forecast period.
China Pyrotechnics Devices market size is valued at USD million in 2021, while the US and Europe Pyrotechnics Devices are USD million and USD million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Pyrotechnics Devices landscape, Germany is projected to reach USD million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Pyrotechnics Devices include Shanxi Zhongtian Rocket Technology, Changan Industry, China Huayun Group, Pasadena Scientific, Johnson& & Hoffman, Intercomp Company, Mammo Tactical Ammunition, Hanley Industries and NonLethal Technologies, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Pyrotechnics Devices Scope and Segment
Pyrotechnics Devices market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Pyrotechnics Devices market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
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The Major Players in the Industrial Pyrotechnics Devices Market include:
- Shanxi Zhongtian Rocket Technology
- Changan Industry
- China Huayun Group
- Pasadena Scientific
- Johnson& & Hoffman
- Intercomp Company
- Mammo Tactical Ammunition
- Hanley Industries
- NonLethal Technologies
- Fireworks by Grucci
- Zambelli Fireworks
By Product Types:
- Explosive Squib
- Explosive Device
- Separating Unit
- Other
By Applications:
- Military Weapons
- Manned Space Flight
- Engineering Blasting
- Other
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