Weapons And Ammunition Market 2020 Competitive Analysis- Denel SOC Ltd, FN Herstal, General Dynamics Corporation

Global Weapons And Ammunition Market 2020-2025 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current market trends and strategies impacting the Global Weapons And Ammunition market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Weapons And Ammunition market all told its geographical and merchandise segments.

The weapons and ammunition market is expected to exhibit a growth rate of more than 3.5% during the forecast period (2020-2025).

The Global Weapons And Ammunition market is highly competitive and consists of a number of major players. Companies like BAE Systems plc, Colt Manufacturing Company LLC, Denel SOC Ltd, Diehl Defence GmbH & Co. KG, FN Herstal, General Dynamics Corporation, Heckler and Koch GmbH, Kalashnikov Concern JSC (Rostec State Corportation), MBDA, Nammo AS, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, Saab AB among others.

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Scope of the Report:

- The global military expenditure in 2019 was around USD 1.97 trillion representing a YoY growth of 3.6% and around 2.2% of the global GDP. An increase in defense spending is an indicator of the procurement of new weaponry and associated ammunition, signifying dispersion of new contracts by the global armed forces.
- The increase in terrorism and other insurgent activities on a global level has encouraged defense agencies of several nations to intensify their countermeasure capabilities against a variety of threats. Countries such as the US, Russia, China, and India have been increasing the number of troops deployed across their national borders as well as borders of their respective allies. The increased deployment of troops has led to the rapid procurement of weapons to ensure their safety.

Key Market Trends:

High Demand for Newer Generation Portable Explosive Weapon Systems

The evolution of the battlefield environment has necessitated the subsequent upgrade and customization of armament. Currently, the US Army is focusing on improving the short-range air-defense capabilities of brigade combat teams. The emergence of unmanned aerial systems (UASs), cruise missiles, and long-range rockets (LRRs) pose a threat to ground infantry troops. Hence, the US Army has prioritized Short-Range Air Defense (SHORAD) and has started reactivating units back to this core competency. In May 2018, Russian manufacturer KBP Instrument Design Bureau showcased its latest generation of the 9K333 Verba man-portable surface-to-air missile system, which can effectively engage an approaching or receding aircraft, helicopter, cruise missile, or UAV. The new generation 9M336 missile is claimed to be twice as efficient as its predecessor beyond a range of 1.86 miles. The system can detect targets through various systems, including the tripod-mounted 1L122 lightweight surveillance radar or the 9S932-1 mobile radar system, generally mounted on the tracked Armored Command and Reconnaissance Vehicle of the Russian Army. In addition to upgrading the M72 shoulder-fired rocket launcher to reduce its overall weight and develop a variety of warheads, the US Army and the US Marine Corps intend to adopt the weapon primarily as a lightweight anti-tank weapon. The US government also plans to introduce a new and sophisticated ground-based air defense system to replace the existing short-range RBS-70 missile system. This short-range, man-portable system is expected to be introduced by 2020 and is likely to be supplemented by an advanced tactical and medium-range, surface-to-air missile system by mid-2020. The need for high-precision, lightweight, and compact weapon systems has led innovators to invest considerable resources in the development of sophisticated weapon systems. The evolution of technology has led to the development of guided weapons with a high target hit ratio, which are supported through a range of accessories such as weapon sights, night vision devices, aiming lasers, laser rangefinders, and fire control systems. Such developments are expected to drive the portable explosives segment of the weapons and ammunition market during the forecast period.

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The key insights of the Weapons And Ammunition Market report:

The report provides key statistics on the market status of the Weapons And Ammunition market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Weapons And Ammunition market report presents the company profile, product specifications, capacity, production value, and 2014-2020 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2020-2025 market development trends of Weapons And Ammunition Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Weapons And Ammunition Industry before evaluating its feasibility.

Finally, Weapons And Ammunition Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Weapons And Ammunition industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

Key points in this report:

– The market estimate (ME) sheet in Excel format

– Report customization as per the client’s requirements

– 3 months of analyst support

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