Ammunition Market Key Companies – Raug Ammotech, BAE Systems, CCI, Denel, Federal Premium Ammunition, General Dynamics Corporation, Global Ordnance, Hornady Manufacturing, Magtech, Maxam

How will government initiatives undertaken in India and North America propel ammunitions market size by 2025?

A significant increase in terrorist activities throughout the world has accelerated the demand of arms, fueling ammunition market share. Strict measures have been introduced by the governments worldwide to mitigate terrorism which has spurred the ammunition industry trends. Additionally, growing participation of people in recreational activities like hunting and sports is anticipated to provide potential growth opportunities to the ammunition industry players by 2025.

What will be the contribution of small caliber ammunition market to enhance the global industry outlook over 2016-2025?

In 2015, small caliber ammunition market held more than 45% of the overall revenue share. The growth can be attributed to the wide range of applications in small arms including rifles and handguns for sports, personal defense activities, and hunting. Prevalence of recreational activities has also increased among people which has helped ammunition industry outlook to expand over 2016-2025.

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How will increasing interest of masses toward recreational activities help to influence ammunition market trends by 2025?

Growing popularity of recreational activities like shooting is likely to expedite the ammunition industry outlook over 2019-2025. Various associations and organizations have initiated activities to support and promote shooting sports which is an encouraging indication for the growth of ammunition market share.

Evolving interest towards shooting and hunting as a leisure and recreational activity promotes the overall product consumption, which in turn fuel ammunition industry trends in the times to come. Lately, various training programs which support and promote hunting and shooting activities without harming the consumers are being conducted all over. Such lucrative growth prospects offered by recreation activities will drive ammunition market outlook in the near future.

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What will be the influence of research and development activities by business players on ammunition industry size?

Ammunition market players have been involved in research and development activities for bringing about advanced bullet solutions which have been noted to significantly drive industry size. For example, Russia based SPA Pribor has reportedly announced the evolvement of advanced 30mm cartridges for light artillery created by plastic. This allows effective shooting performance coupled with enhanced barrel service life. Hence, increasing research and development activities will consequently help to expand ammunition market size by 2025.

How will North America ammunition industry growth impact global market trends in the years to come?

The U.S. is anticipated to hold more than 90% of North American ammunition industry share over 2019-2025. North America is forecast to contribute a significant share toward the ammunition market size by 2025. The growth can be accredited to the accelerating defense and military throughout the region.

For example, the U.S. military expenses accounted for almost $650 billion in 2018. In addition, the government has been focusing on revolutionizing and upgrading the military equipment and developing the defense forces for greater protection from terrorism, thus intensifying ammunition industry share over the forecast period.

The U.S. government has also been concerned about the criminal activities in the region which is supporting the advancement of the defense and military sector. Also, use of small and medium caliber ammunition in recreational activities will propel North America ammunition market size growth.

How are initiatives introduced by the Indian government helping to proliferate regional and global ammunition industry share growth?

Government organizations have been supporting strategic collaborations with private associations and arms and ammunition manufacturers in India for addressing the matters related to import delays and developing ammunition inventory. For example, in 2018, the Indian Army confirmed a key $2 Billion project for manufacturing a wide range of ammunitions for its critical weapons and tanks.

Such major investments and efforts made by the government and collaboration with arms and ammunition manufacturers in India will foster ammunition industry size in the near future.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com

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.

This release was published on openPR.