Industrial Electric Detonator Market Insights Video
According to Cognitive Market Research, the global Industrial Electric Detonator market size is USD 195.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.00% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 78.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 58.56 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 44.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 9.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 3.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
The Instant Detonator held the highest Industrial Electric Detonator market revenue share in 2024