Ammunition Market By Type (Small Caliber, Medium Caliber, Large Caliber, Mortar Gun, Artillery Gun), End User (Civilian User, Military User), Industry Trends, Estimation & Forecast, 2017 - 2025
Ammunition Market is expected to grow with a CAGR of XX% during the forecast period of 2018 to 2025.
Over past few years, numerous terrorist attacks have been witnessed by the world, which are increasing the safety concerns among the common masses. The developing nations have encountered several terrorist attacks in the recent past, and developed regions such as Europe and North America are becoming prime target of the terrorists in the current scenario. Europe is facing persistent threat of ISIS or ISIL. The terrorist attacks conducted in Paris and Brussels, in 2015 and 2016 respectively are significant examples of ISIS intrusions in Europe. Moreover, according to the Global Terrorism Index, ISIS has been considered to be the deadliest terrorist group. The global ammunition market is projected to grow with asignificant growth rate in the upcoming years.
Ammunition Market Determinants
An upsurge in the terrorist attacks in developed regions and advance transformation programs by military forces are key factors fueling the growth of ammunitions market across the globe. For instance, the research conducted by the Institute for Economics and Peace (IEP), the number of terrorist activities in Australian soil during 2014-2015 was much higher than the cumulative number over the 15 preceding years. Additionally, increasing use of guns for personal safety, shooting sports, geopolitical tensions, territorial conflicts, and political unrest is supposed to boost the market growth. Implementation of stringent gun control legislations and differences in legal, and political regulations are affecting ammunition procurement, which might hinder the growth of the market. Stockpiling of ammunition and reduced weight of ammunition would provide lucrative opportunities for the market.
Ammunition Market Segmentation
• Small Caliber
• Medium Caliber
• Large Caliber
• Mortar Gun
• Artillery Gun
By End User
• Civilian User
• Military User
• North America
• Rest of the World
Table of Content
• ADI Limited
• Alliant Techsystems
• BAE Systems
• Denel SOC Ltd.
• General Dynamics Corporation
• Nammo As
• Olin Corporation
• Orbital ATK Inc.
What Information does this report contain?
• What was the market size of the ammunition market in 2017 and the expected market size by 2025, along with the growth rate?
• An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
• Which are the largest revenue generating products, services or regions and their comparative growth rate?
• Which technology is in trend and how would it evolve during the forecast period (2017 – 2025)?
• Which are the leading companies in the ammunition market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?
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