This report is the result of SDI's extensive market and company research covering the global military ammunition industry. It provides detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news.To know the complete report:-
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Introduction and Landscape
Why was the report written?
“The Global Military AmmunitionMarket 2013-2023” offers the reader detailed analysis of the global military ammunitionmarket over the next ten years, alongside potential market opportunities to enter the industry, using detailed market size forecasts.
What are the key drivers behind recent market changes?
Numerous countries in the world are currently involved in conflicts with their neighboring nations owing to reasons such as territorial disputes and terrorism. This situation is most commonly evident in the Asia Pacific region due to the rapid economic and military development among countries such as China, India, Japan, South Korea and North Korea among others. All the above mentioned countries are making rapid efforts in order to strengthen their military forces in order to be battle ready and thus involved in an arms race. And, battle readiness demands possessing adequate ammunition of various kinds including small caliber, artillery, mortar, large caliber and medium caliber. For example, India and Pakistan share tense relations owing to the territorial disputes between each other, as well as cross-border terrorism. The countries' militaries are involved in frequent cross-border firing despite their ceasefire agreement signed a decade ago. China and South Korea too share hostile relations owing to the Chinese government's intentions to reunite both the countries which are strongly opposed by the latter nation. Thus, South Korea is also making significant efforts in order to defend the Chinese military power when needed, though with the support of its allies such as the US.
What makes this report unique and essential to read?
“The Global Military Ammunition Market 2013-2023” provides detailed analysis of the current industry size and growth expectations from 2013 to 2023, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.
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Table of Content
1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 About Strategic Defence Intelligence
2 Executive Summary
3 Global Military Ammunition Market Size and Drivers
3.1 Military Ammunition Market Size and Forecast 2013-2023
3.1.1 Global military ammunition market to show positive growth during the forecast period
3.2 Global Military Ammunition Market - Regional Analysis
3.2.1 North America to register highest spending in the global military ammunition market
3.2.1 Spending on small caliber ammunition significantly driving North American military ammunition market during the forecast period
3.2.2 Military ammunition market in the Asia-Pacific region is expected to witness consistent levels of growth over the forecast period
3.2.3 Europe is expected to register a moderate growth in military ammunitions market
3.2.4 Military ammunition market in the Middle East to increase during the forecast period
3.2.1 Brazil expected to be the highest spender in the military ammunition sector in the Latin American region
3.2.2 African markets expected to witness a gradual increase in military ammunition spending over the forecast period
3.3 Military Ammunition Sub-Sector Market Size Composition
3.3.1 Artillery ammunition expected to constitute the largest segment
3.3.2 Small caliber ammunition expected to constitute the second largest segment
3.3.1 Mortar ammunition to be the third largest segment in the global ammunition market
3.3.1 Large caliber ammunition to account for a share of 6.5% of the total ammunition market
3.3.2 Market for medium caliber ammunition to grow at a CAGR of 1.73% over the forecast period
3.4 Demand Drivers and Growth Stimulators
3.4.1 Force modernization initiatives by various countries to drive the global ammunition market
3.4.2 Regional conflicts and instability to drive ammunition procurement
3.5 Defense Budget Spending Review
3.5.1 European capital expenditure expected to increase during the forecast period
3.5.2 Asian defense budgets expected to increase at a robust pace
3.5.3 North American defense expenditure projected to increase marginally during the forecast period
3.5.4 Modernization programs likely to drive defense expenditure in South American countries
3.5.5 Military budgets of African countries expected to increase during the forecast period
3.5.6 Defense budgets of Middle Eastern countries likely to increase during the forecast period
3.6 Defense Modernization Review
3.6.1 Debt crisis in Europe leading to postponement of modernization plans
3.6.2 Arms race in Asia reflected in modernization plans
3.6.3 North American modernization plans marginally affected by economic recession
3.6.4 Modernization programs in South America driven by replacement of obsolete armaments
3.6.5 African countries mainly spending on infantry weapons, and surveillance and monitoring equipment, to slow growing crime rate
3.6.6 Middle Eastern countries pursuing modernization of air force and air defense systems
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