AMMUNITION MARKET ANALYSIS

Ammunition Market, By Type (Small Caliber Ammunition, Medium Caliber Ammunitions, Large Caliber Ammunitions, Artillery Ammunitions, Mortar Ammunitions, Naval Ammunition, Aircraft Ammunition), By Application (Defense (Naval, Army, Air Force, Special Forces), Homeland Security (Private Security Agencies, Federal Security Agencies), Others (Personal, R&D, entertainment, and fire services)), By Products (Small Army Ammunition, Rockets, Torpedoes, Missiles and Warheads, Bombs, Miscellaneous), By Region (North America, Europe, Asia Pacific, Rest of World) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

Published In : Oct 2021
Code : CMI4679
Pages :150
Formats :
Excel and PDF
Industry : Aerospace and Defense

Market News

Recent Developments:

In March 2021, Nexter group KNDS has launched 120 SHARD ammunition. SHARD, the new generation of APFSDS (Armor-Piercing Fin Stabilized Discarding Sabot) 120mm anti-tank ammunition.

In July 2020, Northrop Grumman Corporation, has received a contract from the U.S. Army’s Project Manager for Maneuver Ammunition Systems.

In March 2020, U.S. Army has purchased BONUS munitions, that are manufactured by BAE Systems and Nexter. BONUS is a 155-millimeter munition that are specially designed for destroying armored targets.

Key Developments

Key companies in the market are focused on product development, in order to expand the product portfolio. For instance, in February 2020, Nexter Group introduced its artillery ammunition, land ammunition, and naval ammunition at DEDEXPO exhibition in India.

Major market players are involved in product launches, in order to gain a competitive edge in the market. For instance, in January 2020, Rheinmetall Denel Munition, a subsidiary of Rheinmetall AG, introduced 40mm grenades and 155 mm artillery rounds.

Ammunition Market Report Snapshots