Global Military Ammunition Market Report 2017-2027 - Analysis of Factors that Trigger Spending
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Global military ammunition market, is projected grow at a CAGR of 2.21%, to value US$16.6 Billion by 2027
The demand for military ammunition is expected to largely 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 led by various militaries.
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; The Rockets and others segment is expected to account for 44.5% of the total market, Artillery ammunition is estimated to account for 22.8% while the Small caliber ammunition segment is estimated to represent a 14% share of the global market. Among the other three segments, Medium Caliber Ammunition is estimated to account for 8.6% of the global market share while Mortar Ammunition and Large Caliber Ammunition are estimated to account for 7.1% and 3.1% of the global market share respectively.
North America represents the largest market, with total spending on military ammunition valued at
US$69.3 Billion over the forecast period. The region's ammunition market is projected to grow at a CAGR of 2.86%, to reach
US$8 Billion in 2027.
Asia Pacific is expected to account for the second largest market in the region and a global market share of 25.8% over the forecast period. Expenditure in the region is led by countries such as
China, India,
South Korea, and Australia in addition to smaller economies such as
Indonesia, Malaysia,
the Philippines, and
Thailand which are engaged in operations against extremist groups.
Scope
Key Topics Covered:
Executive Summary
Global Military Ammunition Market - Overview
Market Dynamics
Military Ammunition Market - Segment Analysis
Segment Analysis: Rockets and Others
Segment Analysis: Artillery Ammunition
Segment Analysis: Small Caliber Ammunition
Segment Analysis: Medium Caliber Ammunition
Segment Analysis: Mortar Ammunition
Segment Analysis: Large Caliber Ammunition
Regional Review
Defense capital expenditure
Capex forecast, 2017- 2027
Factors influencing military modernization programs
Military Ammunition Market - Regional Analysis
Regional overview
Factors driving spending within the region
Regional expenditure on each sub-segment , 2017-2027
Market Size and CAGR growth analysis, 2017-2027
Change in market share, 2017-2027
Trend Analysis - Key Defense Markets
Key Programs Analysis
Competitive Landscape Analysis
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/research/sjl7z3/global_military?w=5
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