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Impact of Covid-19 On Artillery Market | Rising Border Disputes and Importance to Safeguard International Boundaries Are Key Drivers To Grow Market in Coming Years | Nexter Group, IMI Systems Ltd., Avibras
Artillery Market
The report also tracks the latest market restraints, such as driving factors, restraining factors, and industry news like mergers, acquisitions, and investments. It offers market size, market share, growth rate by types, applications, and syndicates both qualitative and measurable methods to make micro and macro forecasts in different regions or countries.
The Artillery Market research presents a study by combining primary as well as secondary research. The report gives visions into the key factors concerned with producing and limiting Artillery market growth.
The global artillery market is estimated to progress at a healthy CAGR of 6.7% during the forecast period 2020–2027. The market size of artillery is estimated at USD 11.65 billion by the end of 2019.
Moreover, the countries such as India and China in the Asia-Pacific region with tension escalated across the national borders due to territorial claims from both the sides and frequent engagement of the armed troops has intensified the requirement of the artillery across both the sides to handle situations with extreme emergency and development sensitive situation on the actual line of control.
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Major Points Covered in this Report:
• Market Overview:
• Key findings
• Introduction
• SWOT Analysis
• Market Size and Trends
India is also facing challenges such as establishing terror camps along borders and infiltration of a terrorist through the international borders. The country is also tackling the problem by destroying the camps and establishments with long-range artilleries. The use of artilleries to hit the farthest targets and with high accuracy and precision is expected to aid the market's development.s
Artillery Market Segment by Manufacturers includes:
Nexter Group, China North Industries Corporation (NORINCO Group), IMI Systems Ltd., Avibras, Elbit Systems Ltd., Hanwha Techwin Co, Ltd., Denel SOC Ltd., Singapore Technologies Engineering Ltd, and Ruag Group, among others.
Additionally, the report also studies competitive developments, such as mergers and acquisitions, new businesses, new contracts, and new product developments in the global Artillery industries. The past trends and future predictions included in this report make it highly understandable for the analysis of the market. Moreover, the latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Artillery markets have also been included in the study.
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Market Segmentation:
By Component: Gun Turret, Fire Control System, Ammunition Handling System, Auxiliary System
By Range: Short Range, Medium Range, Long Range
By Type: Mortar, Rocket Artillery, Howitzer
By Caliber: Small Caliber, Medium Caliber, Heavy Caliber
This Report Focuses on Artillery in the Global Artillery Market, Especially In:
• North America (USA, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, and Italy)
• Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
• South America, Middle East, and Africa.
Regional Market Analysis:
• Industry Overview
• Company Profiles
• Synopsis
• Market Research
Key Questions Talked by the Report:
• What is the current size of the overall Artillery Market?
• To what extent did Covid-19 impact Artillery Market in 2021?
• What are the main drivers and restraints in the Artillery Market?
• How is the Artillery Market anticipated to evolve during the forecast period 2021 – 2029?
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