Global Ammunition Market is expected to grow at a CAGR of 0.67% to reach $8,428.8 million by 2017
Dallas, Texas (PRWEB) December 19, 2012
This report presents a complete analysis of the global ammunition market across the next five years. It analyses the factors driving the market, the challenges faced by the industry and the factors restraining the growth of the market. It also discusses the key industry trends, market trends and technology trends which are about to influence the global ammunition market.
It provides a complete market size of the global ammunition market over the next five years and talks about the market share by different ammunition types. It provides insight into regional trends in spending. This report also analyses the market size by region and provides data on spending patterns by ammunition category for each region. It tracks, analyses, and lays out the market size of the major defense spenders in each region and provides market share by sub categories, namely: Large, Medium, Small, Artillery and Mortar ammunition. It provides details on the market trends, industry trends and technology trends shaping the market. Finally, the report also talks about leading competitors in the global ammunition market. Apart from the general overview of the companies, this report also provides details on their financial position, key products and markets, key developments, and market strategy.
Key Take-Aways of the report are available @ http://www.reportsnreports.com/reports/210549-global-ammunition-market-large-caliber-medium-caliber-and-small-caliber-2012-2017.html:
The Global Ammunition Market was estimated to be $8,150.3 million in 2012 and is expected to grow at a CAGR of 0.67% to reach $8,428.8 million by 2017. Small caliber ammunition holds a market share of 44.51% of the total market.
Recent conflicts have been a real growth factor for the ammunition industry. Also, army modernization programs and increased spending by developing nations like India are expected to drive the market.
Expected major challenges include: Maintaining and running a product line in a profitable way while investing in new technology, maintaining a skilled workforce, and meeting varying customer demands and expectations while improving overall design and quality.
Budget cuts in most of the western countries are anticipated to have an impact on the ammunition market. Industries in the West could be on the constant lookout for other markets to offset the decrease in demand.
Increases in mergers and acquisitions, technology transfers, joint developments and productions, as well as partnership agreements between western and other developing nations are all anticipated over the next five years.
Budget cuts in the West will also set the stage for a second wave of consolidation amongst the defense industrial base. The drive for efficiency is leading to privatization and public-private partnership initiatives.
The industry is fragmented. In fact, most of the countries try to maintain their own ammunition manufacturing capability as they view this as one of the important sectors which helps them maintain strategic autonomy in decision making.
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This Global Ammunition market research report categorizes the global market on the basis of ammunition type, geography, and country. Sub sectors include forecasting revenues, market shares, and analyzing trends.
This market is segmented on the basis of revenue generated across the various ammunition types including:
Large Caliber Ammunition
Medium Caliber Ammunition
Small Caliber Ammunition
Note: We have not considered naval ammunition or aircraft ammunition for this study.
The Geography category is classified into North America, Europe, Middle East and Africa, Asia, Latin America and Russia.
The following countries are covered in this report:
United Arab Emirates
Ministry of Defense
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