- Key Customer segments include Defense Sector & Shooting Clubs
According to the latest findings by the independent London-based global research firm TechNavio, the USA is the world’s leading revenue generating country in the Global Ammunition Market for the 2012-2016 forecast period.
TechNavio analysts found that USA, followed by China & India, are the global leaders in terms of revenue generation for Global Ammunition Market, with USA dominating more than 12 per cent of this market. In spite of this, the APAC region continues to be the largest geographic region when it comes to total revenue generation in the Global Ammunition Market. This is due to the presence of several factors like increasing defense spending by the governments of China & India due to a fragile geo-political climate in this region.
The Middle East followed this, with growth mainly coming from the Syrian civil war and the Iraqi insurgency (post US Army withdrawal). The growth from the European region on the other hand has slowed down in recent times due to the economic slowdown, which has resulted in a reduction in defense spending by the governments. This has decreased the demand for ammunition in Europe.
Speaking on this occasion, one of the senior analysts and co-author of this report said, “The Global Ammunition market is dominated primarily by Alliant Techsystems, General Dynamics, BAE Systems and NEXTER Group. These vendors account for a combined market share of over 45 percent in 2012. With the increase in product extensions, technological innovations, and increase in mergers and acquisitions, it is expected that the international players may grow organically during the forecast period by acquiring smaller players.”
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in order of importance.
If you are interested in more information on the Global Ammunition Market 2012-2016 and our upcoming research on the please send an e-mail to media@TechNavio.com.
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global Ammunition Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.
Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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