The remote firing systems market is estimated to be USD 469.0 Million in 2017 and is projected to reach USD 531.0 Million by 2022, at a CAGR of 2.51% from 2017 to 2022. Factors such as an increase in spending on new infrastructure development, redevelopment of existing infrastructure, increasing mining & quarrying activities, growing underwater drilling & blasting operations for the expansion of waterways and ports are expected to drive the remote firing systems market. This report forecasts the market and its dynamics over the next five years, while also recognizing market application gaps, recent developments in the market, and high potential countries. The objectives of the report are to study the factors influencing the market, map major industry players, and provide vendor analysis and competitor landscapes. The base year considered for the report is 2016 and the forecast period is from 2017 to 2022.

Market size estimations for various segments and subsegments of the remote firing systems market were arrived at through extensive secondary research, including company websites; corporate filings, such as annual reports, investor presentations, and financial statements; and trade, business, and professional associations, among others. Corroboration with primaries and further market triangulation with the help of statistical techniques using econometric tools were carried out. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data is consolidated with detailed inputs and analysis from MarketsandMarkets, and presented in this report.

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The ecosystem of the remote firing systems market comprises manufacturers, raw material suppliers, distributors, and end users. The key end users of remote firing systems include global mining & dredging companies and militaries of countries. Some of the key manufacturers of remote firing systems are Orica Mining Services (Australia), Dyno Nobel (Australia), Solar Industries Limited (India), and Dynitec (Germany)

�This study answers several questions for stakeholders, primarily, which segments they need to focus upon over the next five years to prioritize their efforts and investments.�

Target Audience

Manufacturers of Initiating Devices

Explosives Manufacturers

Technology Providers

Mining Industries

Military Forces

Construction Industries

Oil & Gas Exploration Industries

Underwater Drilling & Mining Industries

Scope of the report

This research report categorizes the remote firing systems market into the following segments and subsegments:

Remote Firing Systems Market, by Initiating Device Initiation System Detonator

Remote Firing Systems Market, by Application Mining & Quarrying Construction Road Construction Military

Remote Firing Systems Market, By Region North America Europe South America Asia Pacific Africa



Customizations available for the report

With the given market data, MarketsandMarkets offers customizations as per the specific needs of a company. The following customization options are available for the report:

Country-level Analysis Comprehensive market projections for countries categorized under the Rest of Europe and the Rest of Asia Pacific

Company Information Detailed analysis and profiles of additional market players (Up to 5)



The remote firing systems market is projected to reach USD 531.0 Million by 2022, at a CAGR of 2.51% from 2017 to 2022. The growth of the market can be attributed to the increasing mining & quarrying activities and the various infrastructure development projects across the globe.

The remote firing systems market has been segmented on the basis of initiating device, application, and region. Based on initiating device, the market has been further segmented into initiation system and detonator. The detonator segment is projected to grow at a higher CAGR than the initiation system segment during the forecast period. The same detonator segment is also projected to lead the market during the forecast period. Factors such as increasing underground & surface mining activities and growing infrastructure spending in emerging economies have contributed to the growth of the detonator segment�s market.

Initiation systems and detonators are classified into electric, non-electronic, and electronic. Based on initiation system, the non-electronic segment is projected to lead the market during the forecast period owing to the increasing use of non-electronic initiation systems in mining, dredging, and infrastructure development activities. Based on detonator, the electronic detonator segment is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to an increase in demand for cheap and simple microchip-based detonators across the globe.

Based on application, the remote firing systems market has been segmented into mining & quarrying, construction, road construction, and military. The mining & quarrying application segment is estimated to account for the largest market share in 2017. Increasing mining & quarrying activities specifically in emerging economies like India & China and rising mineral explorations in African countries are factors influencing the growth of the remote firing systems market in mining & quarrying application.

Asia Pacific accounted for the largest share of the remote firing systems market in 2016, followed by North America and Europe. Australia is estimated to account for the largest share of the Asia Pacific remote firing systems market in 2017 due to increased underground & surface mining activities in the country. Other emerging economies like India and China are increasing their mining and dredging activities so as to cater to the increasing demand for minerals and infrastructure on account of the surge in economic development.

The major challenges for the remote firing systems manufacturers are the lack of expected precision in blasting operations and inaccuracy in time delays for delay devices. At present, the accuracy of remote firing systems is enhanced by modern microchip-aided electronic initiation devices and detonators. However, the desired accuracy is still not achieved.

The major players in the remote firing systems market include Orica Mining Services (Australia), Dyno Nobel (Australia), and Solar Industries Limited (India). These manufacturers have mostly adopted new product launch and expansion into emerging markets as their key growth strategies. Orica Mining Services is the leading company in the remote firing systems market.

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