DUBLIN, December 17, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/9fkjxl/ammunition_market) has announced the addition of the "Ammunition Market by Ammunition Type (Small Caliber, Medium Caliber, Large Caliber, Artillery, Mortar), Application (Defense, Civil), & Region (North America, Europe, Asia-Pacific, Middle East, Latin America, Africa) - Global Forecasts to 2020" report to their offering.
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The global ammunition market is estimated to reach a value of USD 7.78 Billion by 2020, at a CAGR of 1.93% from 2015 to 2020
The resultant rise in risk of national security and the impacts on population have driven governments, military, and homeland security personnel towards procuring and maintaining inventory of advanced warfare equipment and ammunition.
The ecosystem of the ammunition market comprises raw material suppliers, manufacturers, distributors, and end users. The key end users of the ammunition market are defense and homeland security sectors, followed by civilians. The ammunition market is characterized by direct distribution channels and the presence of mainly OEMs and Tier 1 & Tier 2 companies.
Some of the key players of the ammunition market include Orbital ATK (U.S.), General Dynamics Corp. (U.S.), Poongsan Corporation (South Korea), BAE Systems (U.K.), and Nammo AS (Norway), among others. These players are adopting strategies such as new product developments, long-term contracts, and business expansion to strengthen their positions in the global ammunition market. They are also focusing on developing new products by investing considerable amounts of their revenues into R&D to introduce advanced ammunition with higher precision and reduced weight.
Furthermore, this study answers several questions for the stakeholders; primarily which segments to focus over the next five years for prioritizing efforts and investments.
- Ammunition Manufacturers
- Ammunition Dealers
- Sub-component Manufacturers
- Technology Support Providers
Scope of the Report
Global Ammunition Market, By Type
- Small Caliber Ammunition
- Medium Caliber Ammunition
- Large Caliber Ammunition
Global Ammunition Market, By Application
Global Ammunition Market, By Region
- North America
- Middle East
- Latin America
- Bae Systems
- Cci Ammunition
- Denel Pmp
- Federal Premium Ammunition
- General Dynamics Corporation
- Global Ordnance
- Hornady Manufacturing
- Magtech Ammunition Company, Inc.
- Nammo As
- Nexter Munitions
- Olin Corporation
- Orbital Atk Inc.
- Poongsan Corporation
- Remington Arms Company, Inc.
- Ruag Ammotech
For more information visit http://www.researchandmarkets.com/research/9fkjxl/ammunition_market
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SOURCE Research and Markets