Dublin, Jan. 6, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/276kzl/global_ammunition) has announced the addition of the "Global Ammunition Market By Types, By Application, By Geography Market Forecast & Analysis (2014-2020)" report to their offering.
The global ammunition market is estimated to grow at a CAGR of 4.2% from 2013 to 2020.
Anything used in combat are ammunitions. These include bombs, missiles, warheads, landmines, naval mines, and anti-personnel mines. Ammunition are basically any form of weapon, be it nuclear, chemical, or biological, which can be used for mass destruction. The main objective of ammunition is to provide protection against a selected target.
This report describes the analysis and forecast of the augmenting of the global market. It is segmented on the basis of types, geography, and countries. The report highlights the factors driving the market, along with the restraints. In addition to this, it contains a brief about the recent technology, market, and industry trends in the market.
The type's analysis exemplifies the forecast of five major types, small, medium, and large caliber ammunition, artillery ammunition, and mortar ammunition. Adjacent to this, the geographical analysis embodies the global ammunitions market forecast of major regions which include North America, Europe, APAC, the Middle East, Latin America, Africa, and Russia. Amongst which, Asia-pacific and the Middle East are currently dominating the market; but, the market for the European region is expected to show stable growth by 2020.
The report offers the leading competitors in the global market, a general overview of the companies, and also provides their financial position, key products, and market sizes. Few of the key players in this market are ATK (Washington, D.C.), General Dynamics (U.S.), BAE systems (U.K.), Raytheon (U.S.), and Nammo (Norway).
The demand created by the ongoing conflicts, is a major driver of the ammunition market. So is the modernization programs carried out across Asia aided by their economic growth and fueled by the rising territorial tensions in the region. Defense budget cuts across most of the west is expected to restrict the market and is anticipated to shape market and industry behavior during the forecast period. Decreasing demands in the west and increasing opportunities in the rest of the world is going to put an added pressure across the global ammunition industrial base, as they strive to thrive while facing unknown challenges on the way.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Market Dynamics
5 Trend Analysis
6 Market Share Analysis
7 Competitive Landscape
8 Company Profiles
- Alliant Techsystems Inc (ATK)
- BAE Systems
- General Dynamics
- Rheinmetall Defence
For more information visit http://www.researchandmarkets.com/research/276kzl/global_ammunition
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Source:Research and Markets