Global Trend of Ammunition Market - Industry Analysis, Size, Share, Growth and Forecast 2015 – 2021
"Ammunition
Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2021"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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The
global competition to procure and develop enhanced weaponry and
ammunition to sustain economic security of nations is the primary
driver for the global ammunition market. Growing investments to
combat various unfavourable geopolitical disputes and threats from
terrorist organizations are further boosting the market for
ammunition across the world. In addition, the adoption of modern
technology in the development of enhanced weaponry is simultaneously
improving the demand scenario for ammunition globally.
The
growth of the Russian ammunition market and increasing participation
in shooting related sports across the world is influencing the steady
growth of the ammunition market globally. The countries such as
India, China, South Korea, France, Germany, Saudi Arabia, Turkey,
Israel and South Africa are expected to generate further demand for
ammunition in the recent future. With the rapid military
modernization initiatives being adopted by countries in the Asia
Pacific and Rest of the World (RoW) regions, the market for
ammunition is expected to grow substantially over the forecast
period.
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The
industry also encounters several major restraints such as the
increasing research and development expenses and international
weapons regulatory laws have high impact presently which hinders the
growth of the market. Additionally, the demilitarization initiatives
adopted across Europe and North America are expected to reduce the
demand for ammunition form the military and law enforcement sectors.
However, the impacts of these factors are expected to reduce over the
period of forecast.
In this report, the market has been segmented
based on type, caliber, application and geography. It also includes
drivers, restraints and opportunities (DROs). The study highlights
current market trends and provides the market size of 2014 and
forecast from 2015 to 2021. The report covers the current market
scenario for ammunition and highlights future trends that could
affect the demand for the same. The global ammunition market is
anticipated to observe a steady growth from 2015 - 2021 at a decent
CAGR.
By geography, the market has been segmented into
North America, Europe, Asia Pacific and Rest of the World (RoW).
Based on type, the market has been categorized into full metal
jacketed (FMJ) ammunition, tracer ammunition, incendiary ammunition,
armor piercing ammunition and others. Additionally, the market has
been segmented on the basis of calibers which include small caliber
ammunition, medium caliber ammunition, mortar ammunition, artillery
ammunition and shotgun shells. The market size and forecast from 2014
to 2021 have been provided in the report.
Analysis of macro and micro economic factors
driving and restraining the growth of the global ammunition market
has been covered under the scope of the study. The market
attractiveness analysis provided in the report, highlights the major
areas for future investments in the global ammunition industry. The
report is intended to help ammunition manufacturers and suppliers in
understanding the current and upcoming opportunities in the global
ammunition market and formulating their business strategies
accordingly. In addition, governments, military organizations and
other buyer communities are also expected to be benefited from the
report.
This study includes the profiles of key players in
the global ammunition market and the strategies adopted by them to
sustain in the competition. Recent developments by the key players in
the market are expected to facilitate the emerging players adopt
effective business strategies. The study is expected to help key
players in the market and governments across the world to formulate
and develop new strategies related to ammunition development and
procurement.
The key participants in the global ammunition
market include General Dynamics Corporation, Hornady Manufacturing
Company, Inc., Fiocchi Munizioni S.p.A., Orbital ATK, Inc., Prvi
Partizan A.D., RUAG Holding A.G., Nexter Group, Nammo A.S.,
Rheinmetall Defence and Companhia Brasileira de Cartuchos among
others.
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