Global Artillery Ammunitions Market
Valued at US$ XX in 2017, the global artillery ammunition market is expected to register a compound annual growth rate of XX% in the period 2017-2022 and is projected to reach an estimated value of US$ XX by 2022.
The market is expected to see a noticeable change in the forthcoming years.
This comes as a result of a number of factors, the most constant one being the demand for military ammunition by sustained procurement expected to carried out by major defence spending economies, especially those currently involved in conflicts
Another contributor to the market is the rising onslaught of worldwide terrorism, and the continual supply of ammunition that will be needed by countries directly facing such threats. Also to be taken into consideration is the case of many emerging economies, especially in the Asia-Pacific and Middle-East that are presently involved in or on the verge of territorial conflicts and insurgencies.
Recent cuts in the defence budget allocation in many major defence spending economies, namely the USA, might pose an obstacle to the markets future growth. However, the need to maintain a sufficient inventory of ammunition in prominent as well as emerging militaries worldwide is expected to alleviate such hindrances. Another factor that will positively contribute to the markets progress in the forthcoming years is the increasing demand for training ammunition.
The market is segmented based on type into small calibre, medium calibre, large calibre, artillery, mortar, and rockets and others. The rockets and others segment currently dominates the other segments in terms of total market share owing to increased investments into the targeted explosives weapons category.
Considering the recent rise in insurgencies and terrorism-related conflicts (coupled with ongoing cuts/spikes in defence budget allocations and expenditures by both prominent and emerging militaries worldwide), the rockets, artillery, and small ammunition segments are expected to emerge as the top three largest segments over the forecast period.
The market is segregated geographically into North America, Asia-Pacific, Europe, Latin America, and MEA (Middle-East and Africa). While the North American segment currently dominates all regional segments in the global market, owing to large scale cuts in defence expenditure by the US is expected to push the segment into subdued growth rates over the forecast period. Emerging economies and militaries in the Asia-Pacific region is expected to make up for this loss and is expected to register the highest growth rates in the forthcoming years.
CBC, Rheinmetall Defence, General Dynamics Corporations, Alliant Systems, Nexter, BAE Systems Plc, Olin Corporation, Remington Arms Company, Magtech Ammunition, RuagAmmotech, Denel, CCI Ammunition, Nammo AS, Orbital ATK, Poongsan Corporation, Maxam, and Global Ordnance.
> Global Artillery Ammunitions Market segments
> Global Artillery Ammunitions Market Drivers, Restraints and Opportunities
> Global Artillery Ammunitions Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Global Artillery Ammunitions Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key players
> North America
>>US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Westren Europe
> Eastern Europe
>> Rest of Eastren Europe
> Asia Pacific
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on Market Segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market Dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Global Artillery Ammunitions Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage
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