Modernization initiatives undertaken by armed forces in major economies, as well as rise in terrorist threats, are major factors expected to drive market revenue growth
The global large caliber ammunition market size is expected to reach USD 452.5 Million in 2028 and register a steady revenue CAGR of 2.5%, according to latest analysis by Emergen Research. Significant technological developments in ammunition, such as high-speed projectile firing, laser guidance systems, and precision targeting technology, and increase in political instability and terrorism, are driving market revenue growth.
Global small caliber ammunition market has gained its importance in military applications where it has been used against terrorist groups and enemy forces. Furthermore, companies are introducing latest technology weapons for the small caliber ammunition market that is gaining the importance among defense end users due to the advantages of enhanced lethality. Many defense forces across the world have engaged in contracts with various leading manufacturers for the production of a specific range of small caliber ammunition.
Global small caliber ammunition market has gained its importance in military applications where it has been used against terrorist groups and enemy forces. Furthermore, companies are introducing latest technology weapons for the small caliber ammunition market that is gaining the importance among defense end users due to the advantages of enhanced lethality. Many defense forces across the world have engaged in contracts with various leading manufacturers for the production of a specific range of small caliber ammunition.
Big Market Research : The Global Military Ammunition Market 2013–2023 To Get More Details @ http://www.bigmarketresearch.com/the-global-military-ammunition-20132023-market This report is the result of SDI’s extensive market and company research covering the global military ammunition industry. It provides detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news.
According to a recent study by Hexa Research Inc., the global ammunition market was worth USD 11.8 billion in 2015. It is expected to grow at a CAGR exceeding 2% from 2016 to 2024 (forecast period). This industry bears a huge economical impact all over the world. This may be owed to its significant contributions towards excise, state and federal taxes.
The Remote Weapon Station Market is estimated to grow from $8.48 billion in 2018 to $14.42 billion by 2023, at a CAGR of 11.20% from 2018 to 2023. The remote weapon station market has been segmented on the basis of application, platform, component, weapon type, mobility, technology, and region.
The report on Ammunition Market by application(military, law enforcement, commercial), caliber(small caliber ammunition, mortar, artillery ammunition), type(tracer, incendiary ammunition, full metal jacket, armor piercing ammunition) trends analysis and forecasts up to 2023 studies the market sizes, key trends and opportunities in the main geographies such as North America, Europe, Asia-Pacific, Rest of the World. According to the report the Global Ammunition Market is projected to grow at a CAGR 3.3% in terms of value over the period of 2017-2023. The growth in the world market is primarily driven by significant contribution by North America (Leading region) region to this market.
The increasing emphasis on self-defense and extensive rise in investment in arms & ammo for the defense & law enforcement bodies are the major factors influencing the market growth.
Ammunition Market is estimated to reach $25 Billion by 2024 with CAGR of 6.0% between 2016 and 2024. Ammunitions are objects that can be shot from a weapon and are highly explosive.
The global Ammunition market size is projected to reach USD 25 billion by 2026 at a CAGR of 3.8% from USD 21 billion in 2021 during the forecast period 2021-2028.
According to the latest research report by IMARC Group, The global ammunition market size reached US$ 24.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 34.6 Billion by 2032, exhibiting a growth rate (CAGR) of 3.62% during 2024-2032. More Info:- https://www.imarcgroup.com/ammunition-market
Ammunitions or cartridges are used in an assortment of firearms ranging from short pistols to heavy automatic weapons. Standardized specifications for the size, shape and ballistic performa
The Global Arms & Ammunition Market is forecasted to be worth USD 35.63 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market growth include growing adoption of the Arms & Ammunition for self-defence, rising domestic insurgency & terrorist activities, increasing interest in bird-hunting, usage of the Arms & Ammunition in sports, and availability of the cost effective weapons with ammunition, to name a few.
This report presents a complete analysis of the global ammunition market across next five years. It analyses about the factors driving the market, the challenges faced by the industry and about the factors restraining the growth of the market. It also discusses the key industry trends, market trends and technology trends that is about to influence the global ammunition market.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/261 Terrorism proliferation across the globe coupled with the military automation endeavors of emerging nations focussed on obtaining high efficiency, advanced and precise munitions are the major driving factors for the global ammunition market. However, declining defense budgets in the developed nations along with the difference in legal, political and economic regulations is expected to hamper the industry demand over the forecast period. Increasing demand from emerging economies for advanced medium and large caliber is expected to act as a potential opportunity to the industry.
More Information @ https://goo.gl/0C4dyK This market is broadly categorized into defense and civil application segments. Civil application includes self-defense, sports & hunting and law enforcement. Defense applications will continue to remain the dominant segment throughout the years. The segment is estimated to grow at over 2% CAGR and account for more than 50% of the ammunition market share by 2025.
For More Information @ http://bit.ly/2iMPEB4 Civil ammunition application is expected to grow at comparatively higher growth rates owing to the rise in the population, disposable income and the increasing interest in recreational activities. Twice a year Russia hosts the UFI (Global Association of the Exhibition Industry) approved exhibition, ‘Fishing and Hunting’ in Moscow with an aim of demonstrating the latest foreign and Russian achievements in the hunting and fishing sector.
Ammunition Market is estimated to reach $25 Billion by 2024 with CAGR of 6.0% between 2016 and 2024. Ammunitions are objects that can be shot from a weapon and are highly explosive.
Ammunition Market is estimated to reach $25 Billion by 2024 with CAGR of 6.0% between 2016 and 2024. Ammunitions are objects that can be shot from a weapon and are highly explosive.
The global ammunition market is projected to grow from USD 18.08 Billion in 2016 to USD 21.98 Billion by 2021, at a CAGR of 3.98% from 2016 to 2021. The base year considered for the study is 2015, and the forecast period is from 2016 to 2021.
More Information @ http://bit.ly/2m6SRS9 Rising applications of small caliber ammo for civil and defense purposes will drive the industry growth over the forecast timeframe. This is due to easy availability, and ease of use for applications ranging from sports, hunting, regulating authorities as well as military purposes.
Global artillery systems Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025. An artillery system is a fully automated gun and a Remotely Controlled Weapon Station (RCWS) bas
The Electronic Warfare Market size is projected to grow from USD 18.5 billion in 2022 to USD 23.2 billion by 2027, at a CAGR of 4.7% from 2022 to 2027.
The artillery system market is projected to grow from USD 9.83 Billion in 2017 to USD 13.94 Billion by 2022, at a CAGR of 7.23% from 2017 to 2022. Increasing demand for artillery systems from the military sector and ongoing military modernization programs worldwide are driving the growth of the market for artillery system. • Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=69844596 Major players operating in the artillery system market are BAE Systems (UK), Lockheed Martin (US), Elbit System (Israel), General Dynamics (US), NORINCO (China), Hanwha Techwin (South Korea), and others.
Rise in asymmetric warfare, and increased deployment of remote weapon stations on combat vehicles are the key factors driving the remote weapon station market.
An upsurge in the body armor demand across the world is likely to fuel the global bulletproof vest market expansion in the near future. In recent times, there have been numerous public protests worldwide due to religious, racial, or political differences, which is increasing the demand for safety components. Rising need for protection for the police and numerous law enforcement personnel will majorly increase the use of bulletproof vests.
Military Ammunition Market Major Channels and Future Opportunities Analysis. Identify the major channels that are driving the global Military Ammunition market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion. Full report @ http://www.reportsnreports.com/reports/779579-the-global-military-ammunition-market-2016-2026.html
Global Bulletproof Vest Market Report available at http://www.sandlerresearch.org/global-bulletproof-vest-market-2016-2020.html The report, Global Bullet Proof Vest Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The Electronic Warfare Market size is projected to grow from USD 18.5 billion in 2022 to USD 23.2 billion by 2027, at a CAGR of 4.7% from 2022 to 2027.
Infinium Global Research has added a new report on ammunition market. The report presents analysis of global as well as regional markets of Ammunition over the period of 2017 - 2023.