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Ammunition Market Trends Evolution By Top Companies: Olin Corporation, General Dynamics Corporation, Orbital ATK, Nammo AS, BAE Systems, Remington Arms Company, CCI, Ruag Ammotech, Federal Premium Ammunition, Denel Pmp,

02-08-2019 02:23 PM CET | IT, New Media & Software

Press release from: Global Market Insights Inc.

Ammunition Market Trends Evolution By Top Companies: Olin

U.S. ammunition market share will account for over 90% of the North American revenue by 2025. Rising concerns regarding criminal activity and utilization of small & medium caliber ammunition for recreational activities will propel consumption. Asia Pacific led by the India, Japan, and China ammunition market size, contributed 28% to the overall revenue in 2015. This can be attributed to the increasing defense budgets to counter the impact of the internal and external conflicts existing in the region. Growing participation in sports and other recreational activities will further fuel growth through the years.

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Ammunition Market size is estimated to exceed USD 11.5 billion by 2025; as per a new research report by Global Market Insights, Inc. Growing concerns regarding terrorist threats and geopolitical disputes among the major economies will be the primary factors driving the ammunition market size. Rising participation in recreational activities such as sports and hunting are expected to present potential growth opportunities over the forecast timeframe.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Orbital ATK
2. Nammo AS
3. BAE Systems
4. Remington Arms Company
5. Ruag Ammotech
6. Federal Premium Ammunition
7. Denel Pmp,

Consumer demand for ammunition has grown steadily through the years. Strong gun ownership indicators will drive the Russia ammunition market size. The rising participation of the foreign companies in Arms & Hunting exhibition each year held in Moscow was also reported to be a strong marker of the growing importance of the region for sporting arms, equipment, and accessories.

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Competition among nations for advanced weaponry and related equipment is likely to propel the ammunition market size from 2016 to 2025. China, Pakistan, India, Syria, and Israel will present potential growth opportunities owing to recurring border disputes. Moreover, rising gun ownership in countries such as the U.S., Russia, India and Germany will support the industry growth over the forecast timeline.

The growing popularity of shooting as an activity in major sports events will enhance the ammunition market share from 2016 to 2025. Positive indicators from various organizations and associations to promote and support shooting sports are the key factors fueling product demand. Rising interest towards hunting & shooting as a recreational and leisure activity contributes to overall consumption, which in turn drive industry demand over the forecast period. The industry has witnessed various training programs that promote and support hunting and shooting without causing any harm to the consumer.
Browse key industry insights spread across 110 pages with 88 market data tables & 60 figures & charts from the report, “Ammunition Market Size By Caliber (Small Caliber, Medium Caliber, Large Caliber, Artillery, Mortar), By Application (Defense, Civil), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, Japan, China, India, South Korea, Mexico, Brazil, Saudi Arabia, UAE, Israel, Africa), Growth Potential, Regulations, Competitive Market Share & Forecast, 2016 – 2025” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/ammunition-market

Unanticipated reforms in regulations restricting trade of arms and related equipment may pose a considerable growth threat. Rising environmental concerns regarding the usage of lead bullets that are deployed in recreational activities such as hunting and sports will challenge the global ammunition market share. Major participants adopt mergers and acquisitions to consolidate their industry presence and garner profitability.

Global mortar demand is expected to grow at 3.3% CAGR, owing to growing applications in lower firing pressure arms. Defense applications account for major industry share owing to conventional utilization and demands for new innovations. Need for non-lethal bullets will offer viable growth landscape owing to their application in riot control.

The Ministry of Defense (MoD), India under its “Make in India” initiative encouraging private sector to manufacture ammunition for defense will drive the regional ammunition market size over the forecast timeframe. Several exhibitions such as ‘Fishing and Hunting’ in Moscow are held regularly to promote fishing, tourism, and hunting activities which in turn drive demand. Ease of availability and usability of next generation equipment will provide solid growth platform over the coming years.

Companies operating in the industry include General Dynamics Corporation, Remington Arms, Orbital ATK, BAE Systems, Olin Corporation, CCI, Ruag Ammotech, Nammo AS, Federal Premium Ammunition, Maxam, Poongsan, Denel, Global Ordnance, Hornady Manufacturing and Nexter Munitions.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
Blog: www.industry-source.org

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