Ammunition Market- Detailed Analysis and Forecast by 2023
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Small Caliber Ammunitionis estimated to account for the largest share of the market in 2017
By caliber, the ammunition market is classified into small caliber ammunition, medium caliber ammunition, large caliber ammunition, mortar ammunition, and artillery ammunition. The small caliber ammunition segment is expected to lead the global ammunition in 2018. Factors driving the growth of this segment include increasing adoption of small caliber ammunitions in civil end use, growing demand for small caliber ammunition from open online market and rising demand from sports as well as hunting and military practice shooting.
Militaryis estimated to command the largest share of the market during the forecast period
Based on end user, the ammunition market is categorized into military, law enforcement, and commercial. The military segment is estimated to account for the largest share of the global ammunition market during the forecast period. Increasing defensive forces across the globe, growing terrorist activities & conflicts as well as rising government investments in the military ammunition are the key factors driving the growth of this application segment.
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Asia Pacific is estimated to command the largest share of the market
Based on region, the ammunition market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). Asia Pacific is expected to dominate the ammunition market in 2018. This is attributed to factors such as growing conflicts in the countries such as India & Pakistan, initiatives taken by the government for increasing defense budgets and growing demand from law enforcement agencies as well as police departments.
The report profiles some of the key companies in the ammunition market including Bae Systems, Denel SOC Ltd., General Dynamics Corporation, Nammo As, Orbital ATK Inc., Olin Corporation, Poongsan Corporation, Remington Arms Company, LLC, Ruag Ammotec, and Vista Outdoor Inc.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Ammunition in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Ask for sample copy @ https://www.researchtrades.com/request-sample/1305222 Global Ammunition market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Orbital Atk Vista Outdoors Rosoboronexport Olin Corporation (Winchester Ammunition) Ruag Group (Ruag Ammotec AG) FN Herstal Nammo Nexter BAE