About Military Ammunition
Military ammunition refers to ballistic weapons and refers to the scattered, dropped or detonated, material fired from any armament. It can also be expendable weapons such as missiles, grenades and bombs, or component parts of weapons such as bullets, and landmines. Increasing defense expenditure by the various governments of the developed and devolving nations is the key driving factor for the growth of the military ammunition market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Military Ammunition market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focusing on maintaining sustainable development. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.The Manufacturers having a strong hold in the market are Remington Arms Company, LLC. , General Dynamics, Rheinmetall AG, and BAE Systems. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Military Ammunition market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Remington Arms Company, LLC. (United States), General Dynamics (United States), Rheinmetall AG (Germany), BAE Systems (United Kingdom), Raytheon Company (United States), Alliant Techsystems Inc. (United States), Nexter group KNDS (France), Nammo AS (Norway), Armag Corporation (United States) and Winchester Ammunition (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are General Dynamics Ordnance and Tactical Systems (United States), Leonardo S.p.A. (Italy), Northrop Grumman Innovation Systems (United States), Olin Corporation (United States), Poongsan Corporation (South Korea) and RUAG Ammotec (Switzerland).
Segmentation Overview
AMA Research has segmented the market of Global Military Ammunition market by Type (Small Calibre, Medium Calibre, High Calibre, Mortar Bombs, Missiles and Others) and Region.
On the basis of geography, the market of Military Ammunition has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Fatality, the sub-segment i.e. Fatal will boost the Military Ammunition market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Guidance, the sub-segment i.e. Guided will boost the Military Ammunition market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Diameter Range, the sub-segment i.e. Small (5.56 mm, 7.62 mm, 12.7 mm and 14.5 mm) will boost the Military Ammunition market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development of Lightweight Ammunition and Rise in Demand for Advanced Medium and Large Caliber Ammunition from Developing Countries
Market Growth Drivers:
Emphasizing on Countering Increasing Geopolitical Tensions, Terrorist Attacks, and Regional Conflicts and Rising Investment in Defense by the Various Government
Challenges:
Stringent Regulatory Guidelines Regarding Procurement of Military Ammunition in Various Countries
Restraints:
High Initial Capital Investment in Development of Military Ammunition and Lack of Economical, Political and Legal Infrastructure to Procure Military Ammunition by Some Emerging Countries
Opportunities:
Growing Need to Maintain Ammunition Inventory Amid Increasing Conflicts Among Countries and Increasing Investment in R&D Activities to Develop Advanced Ammunition
On Aug. 22, 2019, Raytheon has announced that it will build a 200,000-square-foot facility at its Space and Airborne Systems headquarters in McKinney, Texas.
Key Target Audience
Military Ammunition Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.