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Kenneth Research has evaluated the current market opportunities in Ammunition Handling System Market in the healthcare industry for the forecast period 2022-2031, which also includes the ongoing industry trends and innovations that will help industry players to attain their business targets. Apart from that, the inclusive data on market size, market share and forecast, growth opportunities and challenges for the market players, along with the worldwide analysis on regions- North America, Latin America, Europe, Asia Pacific and Middle East & Africa, has also been provided in the report.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Ammunition Handling System Market products.
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Moreover, the median health expenditure per capita recorded in the high-income, upper-middle income, and low & lower-middle income countries, recorded to be over USD 2,000, USD 400, and USD 100 respectively. Additionally, in the same year, the spending on health in high-income countries and in the low- and middle-income countries comprised approximately 8.2% and 6.3% of the GDP respectively.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Global Ammunition Handling System Market is estimated to reach $4.72 billion by 2025; growing at a CAGR of 9.5% from 2017 to 2025. Ammunitions are the materials fired, dropped or detonated from the weapon. There are different types of ammunition handling system. It is set of systems to perform definite function and specific task. Ammunitions consist of essential designs such as primer powder, bullets, and shell. The whole ammunition handling system moves with the weapon mount in train. Loader drum is mounted with the slide, moves with the weapon in elevation.
Rising incidences of conflicts, developing firepower of gun systems, rising terrorist activities, and increasing instability worldwide are the drivers boosting the growth of the market. However, complexity involved in ammunition handling system is the restraint of the market. Moreover, growing demand for remote weapon type stations, increasing ammo storage capacity, secured installation, and enhance baffle design are expected to present potential growth opportunities over the forecast timeframe.
Platform, weapon type, component, feeding mechanism, mode of operation, and geography are the segmentation of the global ammunition handling system market. Platform segment is categorized into land, naval and airborne. Weapon type segment is classified into cannons, Gatling guns, main guns, machine guns, and launchers. Component segment comprises loading systems, drive assembly, ammunition storage units, auxiliary power units, and other components. Feeding mechanism includes linked, and link less. By mode of operation, the market is segmented into automatic and semi-automatic.
Based on geography, the global ammunition handling system market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consists of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
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Prominent players operating in the market include General Dynamics Corporation, Nobles Worldwide, Inc., McNally Industries, GSI International, Inc., Curtiss-Wright Corporation, Standard Armament Inc., Moog Inc., BAE Systems, Thales Group, and L3 Technologies, Inc., among others.
The key takeaways from the report:
The report will provide detailed analysis of Global Ammunition Handling System Market with respect to major segments such as platform, weapon type, component, feeding mechanism, mode of operation and geography.
The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Ammunition Handling System Market has been included in the report
Profile of the key players in the Global Ammunition Handling System Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of Global Ammunition Handling System Market:
Platform Segments
Land
Artillery
Infantry
Others (Air Defense Platform, Unmanned Ground Vehicles (UGVs), and Handheld)
Naval
Carrier Battle Ground Ships
Coastal/Littoral Ships
Airborne
Fighter Aircraft
Helicopters
Combat Support Aircraft
Unmanned Aerial Vehicles (UAVs)
Weapon Type Segments
Cannons
Automatic
Semi-Automatic
Gatling Guns
Automatic
Semi-Automatic
Main Guns
Automatic
Semi-Automatic
Machine Guns
Automatic
Semi-Automatic
Launchers
Automatic
Semi-Automatic
Component Segments
Loading Systems
Drive Assembly
Ammunition Storage Units
Auxiliary Power Units
Other Components
Feeding Mechanism Segments
Linked
Link Less
Mode of Operation Segments
Automatic
Semi-Automatic
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Geographical Segments
North America
U.S.
Canada
Mexico
Europe
UK
Russia
Germany
France
Rest of Europe
Asia-Pacific
India
Japan
China
South Korea
Rest of Asia-Pacific
RoW
South America
Middle East
Africa
About Kenneth Research
Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.
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