Absolute Markets Insights has announced addition of an insightful analytical data to its massive repository titled Military Ammunition market. The report highlights significant key players operating in the global regions such as North America, Latin America, Europe, Asia-Pacific, and India. The study uses several graphical presentation techniques such as charts, graphs, table, and pictures while curating the report. Global competitors such as General Dynamics Ordnance and Tactical Systems, Lockheed Martin, Northrop Grumman Corporation, BAE Systems, Hornady, Black Hills Ammunition Inc, VISTA OUTDOOR OPERATIONS LLC., CBC Global Ammunition, Federal Ammunition, Nammo AS, Nexter group KNDS, Olin Corporation, Poongsan Corporation, Rheinmetall AG, RUAG Group are also highlighted in the study in order to get a stronger and effective outlook of the competition at domestic as well as global regions. The report further also offers comprehensive information based on primary and secondary research techniques to examine the data accurately.
With regards to SWOT analysis and
Porter’s Five analysis, the market data has been effectively measured. Various
dynamic aspects of the businesses such as drivers, challenges, risks,
opportunities, and restraints have also been evaluated to present a detailed
knowledge to ease the process of making informed decisions in the businesses. The
study further also draws attention to the statistics of the current market
scenario, presents information on the past progress as well as on the
futuristic progress.
Additionally, the report also provides a
detailed description of current market attributes such as manufacturing base,
raw material, technical advancements, demanding trends, marketing channels, and
business models. With the help of facts and figures of import and exports, local
consumption, buyers, sellers and distributors better market insights into the
businesses are provided, which is one of the many distinctive features of the
report.
For
more information about this report visit: https://www.absolutemarketsinsights.com/reports/Global-Military-Ammunition-Market-2019-2027-441
In terms of revenue, the global military ammunition market
was valued at US$ 15,708.6 Mn in 2020 and is expected to reach US$ 21,287.0+ Mn
by 2030, growing at a CAGR of 3.5% over the forecast period. The study analyzes
the market in terms of revenue across all the major regions, which is further
bifurcated into countries. Global spending on military ammunition is
anticipated to increase over the forecast period, primarily due to the
sustained procurement expected to be carried out by major defense spending
countries. Increasing cross border disputes between the neighboring nations
across the globe will primarily drive the military ammunition market over the
forecast period. The countries that are currently involved in conflicts along
with emerging economies that are involved in territorial disputes and
countering insurgencies are propelling the growth of global military ammunition
market. In addition, the need to maintain sufficient inventory of ammunition
for militaries across the globe along with an increasing demand for training
ammunition is also anticipated to have a positive impact on the demand for
military ammunition over the coming years. For instance, in 2019, the Defense
Ministry of India raised an order for 72,400 assault rifles to the U.S. firm
Sig Sauer to replace INSAS rifles in order to modernize the infantry.
Global
Military Ammunition Market: Research Scope:
By Product
·
Bullets
·
Aerial
Bombs
·
Grenades
·
Artillery
Shells
·
Mortar
Ammunition
·
Others
By Category
·
Ball
·
Armor
Piercing
·
Jacketed
Hollow Point
·
Full
Metal Jacket
·
Others
By Size
·
Small
Caliber
·
56mm
·
62mm
·
7mm
·
5mm
·
Others
·
Medium
Caliber
·
20mm
·
25mm
·
30mm
·
40mm
·
Others
·
Large
Caliber
By Application
·
Training
·
Combat
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