Press release
Ammunition Market Size 2017 Global Industry Growth, Share, Demand, Segment, Statistics & Forecast to 2025
MarketStudyReport.com adds a new Ammunition Market research report for the period of 2017-2025 that focuses on the major drivers and restraints for the Global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The report spread across 110 pages with tables and figures in it.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.
Ammunition Market size is estimated to exceed USD 11.5 billion by 2025; as per a new research report.
Small caliber ammunition market share accounted for over 45% of the overall revenue in 2015. This can be credited to extensive application in small arms such as handguns and rifles for hunting, sports, and personal defense activities.
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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.
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.
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.
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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.
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.
Related Reports: -
2017 Global and Regional Ammunition Market Research Report Forecasts 2022
This report focus on Global and regional market, providing information on major players like manufacturers, suppliers, distributors, traders, customers, investors and etc., major types, major applications from Global and major regions such as Europe, North American, South American, Asia (Excluding China), China and etc. Data type include capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export and etc.
https://www.marketstudyreport.com/reports/2017-global-and-regional-ammunition-market-research-report-forecasts-2022//?utm_source=RR-SP
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