Ammunition Market Size, Share & Trends Analysis Report By Product (Bullets, Mortars, Rockets), By End Use (Civil … – GlobeNewswire (press release)

Dublin, Nov. 05, 2018 (GLOBE NEWSWIRE) — The “Ammunition Market Size, Share & Trends Analysis Report By Product (Bullets, Mortars, Rockets), By End Use (Civil (Law Enforcement, Self-defense, Sports & Hunting), Defense), And Segment Forecasts, 2018 – 2024” report has been added to ResearchAndMarkets.com’s offering.In terms of revenue, the bullet segment was estimated to be the largest in the China and global market on account of various measures taken by different governments and industries to enhance manufacturing technologies. It is expected to expand at a CAGR of 3.8% from 2016 to 2024Asia Pacific was estimated as the largest market and is expected to register significant growth over the forecast period on account of recent rise in terrorist activities, countries such as China and India have increased their defense expenditure to restore peace and securityThe market is highly competitive, with presence of established market players and is characterized by mergers and acquisitions. In January 2012, BAE Systems and Olin Corporation’s Winchester Ammunition Division formed a joint venture to develop, operate, and maintain the Lake City Army Ammunition Plant for the U.S. armyThe global ammunition market is dominated by various key market players such as Remington Arms Company, Inc., BAE Systems, General Dynamics Corporation, Federal Premium Ammunition, Poongsan Corporation, and Ruag Ammotec. Key players are collaborating with industry participants to sustain market competition.
Key Topics Covered:General Dynamics CorporationBAE Systems PlcRemington Arms Company, LLC.Magtech Ammunition Company, Inc.Global OrdnancePoongsan CorporationNexter Munitions SAFederal Premium AmmunitionRuag AmmotecHornady Manufacturing Company Inc.MaxamFor more information about this report visit https://www.researchandmarkets.com/research/q5hh8b/ammunition_market?w=12Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager.CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

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