Electric Firecrackers Market
Electric Firecrackers Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Electric Firecrackers Market Size and Growth
The Electric Firecrackers market is witnessing significant growth, driven by rising consumer demand for safer alternatives to traditional firecrackers. Current market size is projected to reach approximately USD 250 million by 2025, reflecting a CAGR of 10% from 2023. Regulatory support and technological advancements are further propelling market expansion.
Companies Covered (Covid 19 Impact Covered)
◍ Sivakasi(India)
◍ Lidu (China)
◍ Zhongzhou (China)
◍ Liuyang (China)
◍ Guandu (China)
◍ Jeeton (China)
◍ QIndiagtai (China)
The Electric Firecrackers Market features companies like Sivakasi (India) and Lidu (China), focusing on innovative, safer alternatives to traditional firecrackers. They enhance market growth through product development, increased safety, and eco-friendly initiatives. Sales revenues vary, with Lidu generating approximately $15 million and Zhongzhou around $10 million annually.
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Market Segmentation
By Application
Government
Company
Individual
Other
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By Product
Switch Activation
Remote Start
Market Growth
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$ X Billion USD
