Thursday, 6 April 2017

The Next 5 Years: Research Analysis Report for Ammunition Market

The global ammunition market is projected to grow from USD 18.08 Billion in 2016 to USD 21.98 Billion by 2021, at a CAGR of 3.98% from 2016 to 2021. The base year considered for the study is 2015, and the forecast period is from 2016 to 2021.

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Browse 104 market data tables and 70 figures spread through 190 pages and in-depth TOC on "Ammunition Market by Caliber (Small, Medium, Large, Artillery, Mortar), Application (Defense, Civil & Commercial), Type (Cartridge-Based, Non-Cartridge Based), Cartridge Type (Rimfire, Centerfire) "
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Objectives of the Study:

The report analyzes the global ammunition market on the basis of application (defense and civil & commercial), caliber (small caliber ammunition, medium caliber ammunition, large caliber ammunition, artillery ammunition, and mortar ammunition), type (cartridge-based and non-cartridge based), and cartridge type (rimfire and centerfire). These segments and subsegments are mapped across major regions, namely, North America, Europe, Asia-Pacific, the Middle East, and rest of the world.

The report provides an in-depth market intelligence regarding market dynamics and major factors, such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the global ammunition market, along with an analysis of micromarkets with respect to individual growth trends, future prospects, and their contribution to the overall market. The report also covers competitive developments, such as long-term contracts, new product launches, agreements, and research & development activities taking place in the global ammunition market.

The defense application segment is projected to lead the global ammunition market during the forecast period, 2016 to 2021.

The defense application segment is projected to lead the global ammunition market during the forecast period, 2016 to 2021. Increased presence of defense forces across the globe, along with growing number of conflicts in several parts of the world including North Africa, the Middle East, and Latin America, is the factors expected to drive the growth of the defense application segment of the global ammunition market during the forecast period.

The small caliber ammunition segment of the global ammunition market is projected to grow at the highest CAGR during the forecast period, 2016 to 2021.

The small caliber segment of the global ammunition market is projected to grow at the highest CAGR during the forecast period, owing to increased usage of small caliber ammunition by civilians and homeland security personnel due to their less lethality. Moreover, open online marketplaces for small arms and ammunition also act as major factors contributing towards the growth of the small caliber ammunition segment of the global ammunition market during the forecast period.

The Middle East ammunition market is projected to grow at the highest CAGR during the forecast period, 2016 to 2021.

The Middle East ammunition market is projected to grow at the highest CAGR during the forecast period, 2016 to 2021. There has been a significant increase in military expenditures in the Middle East region in the recent years. As a result, industries related to military products have been witnessing significant growth in the region. Over the past decades, production of arms has also increased in the Middle East region, thereby becoming a major business for the key countries of the region.

Key players in the global ammunition market include Orbital ATK Inc. (U.S.), Olin Corporation (U.S.), General Dynamics Corporation (U.S.), BAE Systems (U.K.), Remington Arms Company, LLC (U.S.), and Nammo AS (Norway), among others.

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