Global Remote Firing System Market: Key Highlights
Global Remote Firing System Market: Key Market Dynamics
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Global Remote Firing System Market: Regional Overview
Asia-Pacific is expected to dominate the remote firing system market during forecast period. Australia will drive the market in APAC region due to underground & surface mining activities in the country. Mining infrastructure in Australia is shown below:
Source: IBIS 2018
China and India will grow in faster rate due to smart city projects and increasing building infrastructure.
North America will have expected to grow at faster rate during projected years due to growing mining market. According to US Department of Energy, the US mining industry produced shipments worth USD 78.65 billion (excluding oil and gas). The US mining industry consists of coal, metals such as iron, copper, or zinc, and industrial minerals such as potash, limestone, and other crushed rocks. Moreover, coal accounts for nearly 50% of electric power generated in the United States and hence it will grow at faster rate during growth rate.
Global Remote Firing System Market: Key Players Overview
MAS Zengrange Ltd. is specializing in design, manufacture and supply of Remote Initiation & Fire Control Systems for the Defense Market. Company operates in two business segments: remote initiation and fire control. Remote initiation supports wide range of military applications including maritime & conventional demolitions, breaching, EOD/C-IEDD, special forces, and battlefield simulations. In 2017, the company launched Mini-DRFD M3.0 remote initiation system with Field Bondable Receivers, Decade Firing, All Fire Feature, Group Swappable Reusable Receivers, and Talk Back Feature.
Austin Powder is a leader in the manufacture, distribution, and application of industrial explosives for the quarrying, surface mining, underground mining, oil and gas, seismic and construction markets. The company provide various engineering solutions ranging from bulk trucks to Red Devil underground units; emulsion technology to E*STAR detonators; Paradigm software modeling to optimizing blast design.
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