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Arms Ammunition Market Business Growth Demand, Strategies, Overview, Competitive Strategies and Forecasts 2020 2027


(MENAFN - iCrowdNewsWire) Arms Ammunition Market Business Growth Demand, Strategies, Overview, Competitive Strategies and Forecasts 2020 – 2027
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iCrowdNewswire   Jan 18, 2021  4:36 PM ET

Market Size USD 24.30 billion in 2019, Market Growth - CAGR of 4.8%, Market Trends Higher demand for the smart guns & its Arms & Ammunition

This report on the global Arms Ammunition market gives a thorough study that is primarily focused on top players and their business stratagem, geographical extent, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is explicitly prepared to explore crucial fragments of the global Arms Ammunition market.

For instance, the market dynamics section in the report gives an in-depth analysis of the drivers, restraints, trends, and opportunities in the global Arms Ammunition market. With both qualitative and quantitative analysis, we provide you with thorough and comprehensive information on the global Arms Ammunition market. The study also entails SWOT, PESTLE, and Porter's Five Forces analyses of the global Arms Ammunition market.

Besides, extensive rise in the cross-border conflict, broadening the number of armed law enforcement troops & new taskforce battalions, and asymmetric warfare & intercountry border conflicts are some of the additional reasons behind the remarkable growth of the market. Also, reduced manufacturing costs of the guns with the help of 3D printing mechanisms, growing demand for the smart guns, and increasing usage of the polymer in the arms industry are some of the subordinate market propelling factors that create a huge breakthrough in the market growth.

The global market landscape of Arms & Ammunition is expected to remain in a very competitive and highly fragmented landscape consisting of a number of both the small start-ups, medium enterprises, and large conglomerates. During the projected era, increasing demand for technological development and higher diversification in offered products ensure the enormous potential for the innovative players.

Regional Scope- North America; Europe; Asia Pacific; Central & South America; MEA

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Further key findings from the report suggest

In November 2019, Nammo declared an acquisition of the Chemring Ordnance which is a subsidiary company of Chemring Group, would help Nammo strengthen its manufacturing capabilities in the United States.

The polymer sub-segment is growing with the fastest CAGR of 6.3% owing to its higher efficiency in the manufacturing with 3D printing techniques and reduction in the overall costing with higher applicability in the sports and hunting purposes.

The regions in the Asia Pacific lead by China, India, Pakistan, and South & North Korea are allotting a considerable budget for their defense & law enforcement grooming purposes. Besides, growing incidences of interpersonal stand-offs, asymmetric warfare, terrorist activities, domestic violence, along with higher economic development and enhancement in the manufacturing industry, deliberately help propel market enforcement.

Key players in the market Smith & Wesson Holding Corp., Freedom Group, Orbital ATK, Sturm, Ruger, & Co., Inc., American Outdoor Brand Corporation, Thales Group, Lockheed Martin, General Dynamics Corporation, Beretta S.p.A., and Raytheon Company, among others.

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  Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Arms

Pistols

Revolvers

Rifles

Machine Guns

Shotguns

Carbines

Others

Ammunition

Bullets

Aerial Bombs

Grenades

Artillery Shells

Mortars

Launchers

Others

End Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Military

Law Enforcement

Hunting

Sports

Self-defense

Caliber Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Small

9mm

56mm

62mm

7mm

.338 Lapua Magnum

.338 Norma Magnum

5mm

Others

Medium

20mm

25mm

30mm

40mm

Others

High

60mm

81mm

120m

155mm

Others

Technology Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Guided

Unguided

Lethality Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Lethal

Less-lethal

Component Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Fuzes & Primers

Propellants

Bases

Projectiles and Warheads

Others  

Materials Used Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Steel

Aluminum

Polymer

Others  

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Thank you for reading our report. For further information or queries about the report or customization options, please get in touch with us. We will ensure your report is tailored according to your requirements.

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