Industrial IT Your Go To News Portal
Search
Menu
TECHNOLOGY
Ammunition Market Entry Strategies, Countermeasures of Economic Impact and Marketing Channels To 2026 By ajinkya
January 18, 2022
No Comments
According to a new market report published by Transparency Market Research titled “Ammunition Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global ammunition market is expected to reach US$ 16,468.2 Mn by 2026. The market is projected to expand at a CAGR of 3.5% during the forecast period from 2018 to 2026. According to the report, the increase in defense expenditure by emerging economies such as China, India, and Japan is expected to be the primary growth driver for the ammunition market. Asia Pacific is projected to be at the forefront of global demand, with the market in the region growing at a CAGR of 5% through 2026. Full metal jacket segment to be the fastest growing throughout the forecast period The global ammunition market is segmented by type into full metal jacket (FMJ) ammunition, tracer ammunition, incendiary ammunition, armor piercing ammunition, and other ammunition. The full metal jacket segment is anticipated to occupy major revenue share by 2026 owing to the increased demand from the military and other law enforcement organizations. In order to improve the penetration of the bullet, FMJ design has room for customization of the bullet which makes it among the most preferred ammunition in the market. Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/samp le.php?flag=S&rep_id=1225 Military segment to be the major revenue generating segment by 2026 due to growing security concerns In terms of application, the ammunition market is segmented into
commercial, military, and law enforcement. The military segment is expected to be the major revenue generating segment by 2026. This growth can be attributed to the increased defense spending by governments of various regions and the need to improve the versatility, agility, and capability of the armed forces. The military segment is expected to expand at a modest CAGR of 3.8% over the forecast period. North America expected to continue to hold significant share in the overall market North America is expected to hold highest share in the ammunition market during the forecast period and experience significant growth over the forecast period. The growth is mainly due to the presence of large number of players providing ammunition and associated products coupled with the significant increments in military budgets by the governments in the region.The Asia Pacific market is projected to grow at the highest CAGR during the forecast period due to the increasing military spending and growing demand for ammunition from countries such as China, India, and Japan. China is expected to be at the forefront of ammunition demand among all the Asia Pacific countries. India, South Korea, and Japan are also expected to contribute significantly to the Asia Pacific ammunition market. Companhia Brasileira de Cartuchos, BAE Systems, Fiocchi Munizioni, General Dynamics Corporation, Hornady Manufacturing Company, Inc., Nammo A.S., Nexter Group, Orbital ATK, Inc., Prvi Partizan A.D., Rheinmetall AG, and RUAG Group among others are some of the key players operating in the ammunition market profiled in this study. Details such as financials, business strategies, recent developments, product implementation expertise, key contracts, certified professionals, and other such strategic information pertaining to these players have been duly provided as part of company profiling.
The global ammunition market is segmented as follows: Ammunition Market, by Type Full Metal Jacket (FMJ) Ammunition Tracer Ammunition Incendiary Ammunition Armor Piercing Ammunition Other Ammunition Ammunition Market, by Ammunition Small Ammunition Medium Ammunition Mortar Ammunition Artillery Ammunition Shotgun Shells Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php ?rep_id=1225&ltype=S Ammunition Market, by Application Commercial Military Law Enforcement About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro Levels. With wider scope and stratified research methodology, TMR’s syndicated reports thrive to provide clients to serve their overall research requirement. Contact Transparency Market Research, 90 Sate Street, Suite 700, Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com
← Optical Character Recognition Market Outlook 2021 Growth Drivers, Opportunities and Forecast Analysis
Growth Drivers, Opportunities and Forecast Analysis To 2028
Leave a Reply Your email address will not be published. Required fields are marked *
Comment
Name *
Website
POST COMMENT
About Contact Us
Email *
Feedback Terms of Use Privacy Policy Editorial Policy
Search …
SEARCH
Recent Posts Auto Draft Easy Open End (Eoe) Market to Witness Huge Growth by 2029 | Shenzhen Youpeng, Kian Joo Group, China Metal Packaging Group Auto Draft Ammunition Market Entry Strategies, Countermeasures of Economic Impact and Marketing Channels To 2026 Optical Character Recognition Market Outlook 2021 Growth Drivers, Opportunities and Forecast Analysis To 2028
Recent Comments Artificial Intelligence (AI) in Drug
Artificial Intelligence (AI) in Drug Discovery Market Study with data tracker, emerging trends, opportunities and forecast – Industrial IT – Industrial IT AI for health on Artificial Intelligence (AI) in Drug Discovery Market Study with data tracker, emerging trends, opportunities and forecast Healthcare Cloud Security Market Study with data tracker, emerging trends, opportunities and forecast – Industrial IT | #cybersecurity | #cyberattack NATIONAL CYBER SECURITY NEWS TODAY on Healthcare Cloud Security Market Study with data tracker, emerging trends, opportunities and forecast Healthcare Claims Management Software Market Study with data tracker, emerging trends, opportunities and forecast – Industrial IT ReInvestmentNews on Healthcare Claims Management Software Market Study with data tracker, emerging trends, opportunities and forecast Healthcare CRM Market Study with data tracker, emerging trends, opportunities and forecast – Industrial IT ReInvestmentNews on Healthcare CRM Market Study with data tracker, emerging trends, opportunities and forecast Dental Practice Management Software Market Study with data tracker, emerging trends, opportunities and
emerging trends, opportunities and forecast – Industrial IT – Dent News Europe on Dental Practice Management Software Market Study with data tracker, emerging trends, opportunities and forecast
Archives January 2022 December 2021 November 2021 October 2021 September 2021 August 2021 July 2021 June 2021 May 2021 April 2021 March 2021 February 2021
Categories Business Climate COVID Electric vehicles Energy Entertainment Featured Market
NASA News Satellites Space Sports & Games Technology Uncategorized
Meta Log in Entries feed Comments feed WordPress.org
© 2022 Industrial IT
Powered by WordPress
To the top ↑