Rapid Growth of Medium Caliber Ammunition Market | Top Key Companies - Rhienmetall AG, BAE Systems, Denel PMP, Nexter, CBC Brazil, Nammo AS, Mesko SA, Orbital AK | Global Business Outlook Till 2023

Marketprognosis.com Publish a New Market Research Report On “Global Medium Caliber Ammunition Market - Growth, Trends, and Forecast (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Medium Caliber Ammunition Market:

The Global Medium Caliber Ammunition Market is anticipated to register a CAGR of 1.88% over the forecast period 2018 - 2023. Major factors driving the market are the unstable geopolitical climate and increasing threat of terrorism, which lead to increasing military and defense expenditures.

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From a broad perspective, it can be said that the world woke up to terrorism in 2001 when Al-Qaeda carried out its attack on the World Trade Center in New York City, US. Ever since, terrorist activities have been on the rise, and have become the most pressing issue for decision-makers dealing with diplomatic and military operations. On a global scale, Africa emerged as the most vulnerable region to terrorist attacks in 2010, with 879 attacks and 2,137 fatalities.

Especially, the governments in US, the UK, the Kingdom of Saudi Arabia, and Australia have prioritised national security. For example, the NATO (North Atlantic Treaty Organization) is currently eyeing 40 mm (medium) caliber rounds for under-barrel and standalone shoulder-fired launchers, as well as crew-served automatic launchers. Shoulder-fired launchers are usually used for civilian use in riot-control. Whereas, under-barrel are used on battlefields.

The 40 mm rounds will be available at different levels of performance, namely, the 40 mm low-velocity rounds (or LV), which uses 40x46SR (Semi-Rimmed) ammunition for shoulder-fires and under-barrel launchers, and, the 40 mm high velocity (or HV), which uses 40x53SR rounds from crew-served automatic launchers.

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The LV rounds are usually used with individual weapons, like M320 and M203 grenade launchers, while HV rounds are used with MK19 grenade machine gun. All of these have been extensively used in the battlefields of Iraq and Afghanistan.

The contract (by the US government) for the manufacture of LV rounds has been given to General Dynamics, whereas, American Ordnance will manufacture the HV rounds. Both the types of bullets are intended to be fielded by August 2019.

Major Key Players:

1 Rhienmetall AG

2 General Dynamics Corporation

3 BAE Systems

4 Denel PMP

5 Nexter Systems

6 CBC Brazil

7 Nammo AS

8 Mesko SA

9 Orbital AK

10 Global Ordnance and More…………………

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Medium Caliber Ammunition Market.

Table of Contents:

1 Introduction

2 Executive Summary

3 Market Overview and Trends

4 Market Dynamics

5 Global Medium Caliber Ammunition Market, Segmented by Application

6 Global Medium Caliber Ammunition Market, Segmented by Geography

7 Competitive Landscape

8 Company Profiles

9 Future Outlook of the Market

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This release was published on openPR.