Thestudy offers a comprehensive overview of the technologies, volume size, rawmaterials, and in-depth analysis of the market with a dedicated section for theprofiling of key companies. The report also offers trends and patterns that areprojected to influence the growth of the Arms Ammunition market during theforecast period of 2020-2027.
TheGlobal Arms & Ammunition Market is forecasted to be worth USD 35.63 billionby 2027, according to a current analysis by Emergen Research. The key factorsinfluencing the market growth include growing adoption of the Arms &Ammunition for self-defense, rising domestic insurgency & terroristactivities, increasing interest in bird-hunting, usage of the Arms &Ammunition in sports, and availability of the cost effective weapons withammunition, to name a few.
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Thestudy offers a comprehensive overview of the technologies, volume size, rawmaterials, and in-depth analysis of the market with a dedicated section for theprofiling of key companies. The report also offers trends and patterns that areprojected to influence the growth of the Arms Ammunition market during theforecast period of 2020-2027.
Further key findings fromthe report suggest
· The polymersub-segment is growing with the fastest CAGR of 6.3% owing to its higherefficiency in the manufacturing with 3D printing techniques and reduction inthe overall costing with higher applicability in the sports and huntingpurposes.
· The regionsin the Asia Pacific lead by China, India, Pakistan, and South & North Koreaare allotting a considerable budget for their defense & law enforcementgrooming purposes. Besides, growing incidences of interpersonal stand-offs,asymmetric warfare, terrorist activities, domestic violence, along with highereconomic development and enhancement in the manufacturing industry,deliberately help propel market enforcement.
· Key playersin the market Smith & Wesson Holding Corp., Freedom Group, Orbital ATK,Sturm, Ruger, & Co., Inc., American Outdoor Brand Corporation, ThalesGroup, Lockheed Martin, General Dynamics Corporation, Beretta S.p.A., andRaytheon Company, among others.
Furthermore,the report offers insights into the segmentation of the Arms Ammunitionindustry based on product types, applications, end-user, technology, and key regions.The study also assesses the market segment expected to show significant growthin the coming years.
Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
· Arms
1. Pistols
2. Revolvers
3. Rifles
4. Machine Guns
5. Shotguns
6. Carbines
7. Others
· Ammunition
1. Bullets
2. Aerial Bombs
3. Grenades
4. Artillery Shells
5. Mortars
6. Launchers
Toread more about the report - https://www.emergenresearch.com/industry-report/arms-ammunition-market
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At Emergen Research, we believe in advancing with technology. We area growing market research and strategy consulting company with an exhaustiveknowledge base of cutting-edge and potentially market-disrupting technologiesthat are predicted to become more prevalent in the coming decade.
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