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Details in the report: This is a 152 page report which includes demand analysis by country, application, manufacturers, product categories. Report also includes key developments, market share analysis, market sizing by country, market trends/ future trends, strategic initiatives, key product launches as well.
About the market report:
The demand for Military Ammunition is anticipated to be driven by military modernization plans undertaken by various countries during the forecast period, Regional conflicts and instability in many regions, Counter Terrorist and Anti-insurgency operations being lead by various militaries. In addition, the need to maintain a sufficient inventory of ammunition for militaries worldwide and the increasing demand for training ammunition are also anticipated to have a positive impact on the demand for military ammunition. Rockets, artillery, and small caliber ammunition are expected to account for the top three largest shares of the global military ammunition market over the forecast period.
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This report focuses on the Corrugated Plastic Board in global market, especially in North America, Europe, Asia-Pacific, South America, US.This report categorizes the market based on manufacturers, regions, types and applications.
The global Military Ammunition market is expected to grow at a CAGR of 2.21% during the forecast period. The market consists of six categories: small caliber ammunition, medium caliber ammunition, large caliber ammunition, artillery ammunition, mortar ammunition and rockets and others. The global military ammunition report is expected to be dominated by the rockets and others segment, followed by artillery ammunition.
The market is expected to be dominated by North America, occupying 45% of the market share, followed by Asia-Pacific market, which is dominated by China, India, Japan and South Korea. Russia, France and the UK account for major market share in the European region.
- Latin America, the Middle East, and Africa cumulatively account for 12% of global military ammunition expenditure
some of the key market players operating in the global ammunition market include Orbital ATK Inc. (U.S.), Olin Corporation (U.S.), General Dynamics Corporation (U.S.), BAE Systems (U.K.), Remington Arms Company, LLC (U.S.), and Nammo AS (Norway), among others. These players have adopted various strategies, such as long-term contracts, new product launches, and agreements to strengthen their position in the global ammunition market.
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