Remote Firing Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026
- Transparency Market Research
Remote Firing Systems Market: Overview
The remote firing system is an advanced technology introduced in the firing system sector to incorporate innovative features and upgrade the existing system. The remote firing system contains four firing options which include manual, sequence, step, and scripted. Link quality features are associated with remote firing module which enables it to measure signal strength of each firing position. A general ‘in range’ feature can measure whether receiving a signal is possible, whereas the link quality feature can measure true strength of signal. The synchronization between remote, and firing module is necessary for communication. After synchronization, the firing module will only respond to the remote to which the synchronization has been done. This is due to the unique, internationally registered address which is saved into the firing module. The firing module will respond to the remote with this address only.
Remote Firing Systems Market: Drivers and Restraints
With the increasing adoption of trading through sea routs, the global container traffic along the sea is increasing. As a result of this, the demand for resizing and addition for new sea routs and ports is estimated to grow in order to accommodate the increasing number and sizes of commercial vessels. As these resizing and addition will involve underwater blasting and drilling activities, the demand for remote firing systems is expected to rise in the years to come. Some of the factors which are responsible to drive the global remote firing systems market include new infrastructure development, mining and quarrying, redevelopment of existing infrastructure, and underwater drilling and blasting operations for expansion of sea routes and ports. There are various policies and regulations regarding the manufacturing and use of remote firing system, mostly influencing the cost of associated raw material, and labor which is expected to be responsible for steady but slow growth of the global remote firing systems market. Moreover, strict government regulations, and mining bans owing to high pollution associated with mining activities is anticipated to hinder the growth of global remote firing systems market during the forecast period.
Remote Firing Systems Market: Key Segments
The global remote firing systems market can be segmented on the basis of device, application, and geography. On the basis of initiating device, the remote firing systems market can be classified into initiation system, and detonator. Based on application, the remote firing systems market can be segmented into construction, mining and quarrying, military, and others. The geographical classification of the global remote firing system includes North America, Europe, Asia Pacific, Middle East and Africa and, South America. Detonators are expected to dominate the global remote firing systems market among the device segment. The detonators contain primary explosives to initiate detonation in secondary as well as tertiary explosives. These components are one-time-use components which get destroyed after detonation in blasting operations. Owing to the increasing mining, dredging, and quarrying activities, the remote firing systems are witnessing significant demand. As detonators are the prime components in remote firing systems, the growth in blasting, mining, and quarrying, operations is anticipate to influence the growth of detonator segment in the global remote firing systems market. Among the application segment, mining and quarrying is anticipated to dominate the global remote firing systems market owing to increasing mining and quarrying activities specifically in emerging economies such as China and India. Moreover, increasing mineral exploration activities in African countries is anticipated to fuel the growth of the remote firing systems market in this geography.
Remote Firing Systems Market: Key Players
Some of the key players involved in the global remote firing systems market includes Orica Limited, Solar Group, Dyno Nobel, DynITEC GmbH, Austin Powder, IDEAL Industrial Explosives Ltd., Tamar Explosives, Blaster One EOD Equipment Inc., Detnet, and MAS Zengrange Ltd., and some others.
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