The Fire Control System Market is projected to grow at a CAGR 3.19% rate from 2021 to 2026. Factors such as increasing military expenditure by emerging economies to strengthen their respective armed forces are expected to drive the market.

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The launchers segment is expected to lead the fire control system market from 2021 to 2026. Based on weapon class, the fire control system market has been segmented into automatic guns and launchers. The growth of the launchers segment is due to the high adoption land, airborne, and naval platforms for surface-to-air warfare to engage with main battle tanks and other armored fighting vehicles.

The prominent players in the global fire control system market include Elbit Systems Ltd (Israel), General Dynamics Corporation (US), Rheinmetall AG (Germany), BAE Systems (UK), Lockheed Martin (US), Safran (France), Leonardo (Italy), Raytheon Company (US), SAAB (Sweden), Aselsan A.S. (Turkey), Northrop Grumman (US), and Israel Aerospace Industries (Israel), among others.

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