London, UK (PRWEB) November 27, 2013
In 2013, the worldwide market for military ammunition is worth around USD 6.1 billion. It is predicted to experience a 2.24% CAGR in the next 10 years to climb to USD 7.6 billion by 2023. Growth in the overall market is likely to be propelled by such factors as continued upgrades of the weapon systems alongside existing conflicts, insurgencies and boundary disputes from pole to pole. North America is predicted to call for the dominant share in the overall spending on military ammunition, despite the planned withdrawal of the US troops from Afghanistan together with increasing budegtary gaps.
The artillery segment is forecast to lead the world military ammunition market in the upcoming decade, followed by the small caliber and mortar ammunition segments. The challenges facing the world military ammunition industry, include the withdrawal of most US troops from Afghanistan, reduced burden on soldiers, and the lack of enough skilled labour, among others.
New research report “The Global Military Ammunition Market 2013-2023” worked out by Strategic Defence Intelligence (SDI) has been recently published by Market Publishers Ltd.
Title: The Global Military Ammunition Market 2013-2023
Published: November, 2013
Price: US$ 4,800.00
The report grants access to top-level qualitative and quantitative information on the global market for military ammunition. It highlights the historical evolution of the industry and draws up clear picture of the actual market state, examines the key factors driving and restraining the market growth, and a insightful review of defense budget spending and defense modernization. The research study contains a SWOT analysis, provides comprehensive regional and country market overviews, discusses the important industry trends and issues, covers the major military ammunition programs, as well as outlines the main market opportunities and challenges. The repot delves into the competitive landscape, profiles the top market players, presents a snapshot of the recent industry related news, as well as provides a granular forecast of the world military ammunition market through 2023.
- Comprehensive analysis of the global market for military ammunition.
- Regional markets overview.
- Historical and present data on the industry performance.
- Insightful examination of the key product segments.
- Thorough review of the demand drivers and growth stimulators.
- Defense budget spending review.
- Defense modernization review.
- Outlining of the main market opportunities and challenges.
- Snapshot of the recent industry news and developments.
- Description of the trends prevailing in the market.
- SWOT analysis.
- Country market analyses.
- Valuable information on the major military ammunition programs.
- Insights into the competitive landscape.
- Profiles of the leading market players.
- Detailed market forecasts through 2023.
More new market research reports by the publisher can be found at SDI page.