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.



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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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