Ammunition Market Worth $12 Billion by 2020 - New Research Report by MarketsandMarkets The major factors driving the global ammunition market are the modernization programs, armed conflicts, and increase in expenditure by Russia, the Middle East, and Russia ( http://www.marketsandmarkets.com/Market-Reports/ammunition-market-923.html). (PRWEB) August 14, 2014 -- According to the market research report, "Ammunition Market by Types (Large Caliber, Medium Caliber and Small Caliber, Artillery, Mortar), by Geography (North America, Europe, APAC, Latin America, Africa) - Market Forecast & Analysis to 2013 - 2020" the global ammunitions market is projected to cross $12 billion by 2020, growing at a 4.2% CAGR from 2013 to 2020. Browse 69 market data tables and 80 figures spread through 152 pages and in-depth TOC on "Ammunition Market by Types (Large Caliber, Medium Caliber and Small Caliber, Artillery, Mortar), by Geography (North America, Europe, APAC, Latin America, Africa) - Market Forecast & Analysis to 2013 - 2020" http://www.marketsandmarkets.com/Market-Reports/ammunition-market-923.html Early buyers will receive 10% customization on this report. The recent conflicts have been a real growth factor for the ammunition industry. The difficulties identified in the global ammunitions market are, budget cuts in the U.S. and Europe and re-exports of surplus ammunition. The challenges faced by this market include manufacturing, technology, meeting customer needs, and new investments. For Further Inquiries: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=923 Budget cuts in most of the western countries are anticipated to have an impact on the ammunitions market, while industries from the west would be in constant lookout for other markets to offset the decrease in demand. Increase in merger and acquisition, technology transfer, joint development and production, and partnership agreements between western and other developing nations are expected. Among the five ammunition types which include small, medium, and large caliber, artillery, and mortar ammunitions, the small caliber ammunition constitutes majority of market share in the global ammunitions market. Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=923 The global ammunitions market is segmented into three categories that include types, geography, and country. This report divides the overall market into geographical segments, namely, North America, Europe, APAC, the Middle East, Latin America, Africa, and Russia. Asia-Pacific currently contributes highest in market growth compared to the other regions. Besides this, the Middle East will show growth by 2020 with a CAGR of 4.2%. Most of the countries around the globe, maintain their own ammunition manufacturing capability. The ammunition industry is highly fragmented and highly competitive. The companies walk the extra mile by offering customized solutions such as providing life support, maintenance, and upgrades to have an competitive edge and thrive in this market.
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The industry is fragmented, as most of the countries try to maintain their own ammunition manufacturing capability, hence competition is high, making companies who are willing to walk the extra mile by provide customized solution, providing through life support, maintenance and upgrades to thrive in this market. The leading companies in the global ammunitions market covered in the report are ATK (U.S.), General Dynamics (U.S.), Rheinmetall Defense ( Germany) , Bae systems (U.K.), and Nexter (France ). Browse Related Reports: Military Laser Systems Market by Application (Laser designator, Laser Range Finder, LIDAR, 3D scanner, Laser Weapon, Dazzlers, Laser sights, Proximity Fuze, Ring laser Gyro, Laser Doppler Vibrometer, Laser Altimeter) by Domain (Aerospace, Defense and Homeland Security) - Forecast and Analysis to 2014 - 2020 http://www.marketsandmarkets.com/Market-Reports/military-laser-systems-market-154285551.html SALW Market (small arms : Pistols, Rifles, Sub Machine Guns, Assault Rifles and Light Machine Guns), by Application - Civil, Military, Homeland Security, by Region, by Country - Global Forecasts and Analysis to 2014 - 2019 http://www.marketsandmarkets.com/Market-Reports/small-arms-market-138024472.html About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan North - Dominion Plaza, 17304,Preston Road, Suite 800, Dallas, TX 75252 Tel: +1-888-600-6441 Email: sales(at)marketsandmarkets(dot)com Visit MarketsandMarkets Blog: http://mnmblog.org/market-research/aerospace-defence Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets
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