There has been a spike in terrorism around the globe especially in the past 2 years. Asia Pacific, Africa and Latin America were always prone to violence and terrorist attacks but in recent times , the threat of terrorism has spread rapidly to Europe and North America and the major party responsible for this has been the Islamic State which has replaced the Al-Qaeda as the most wanted North America terrorist organization. The North American Ammunition market is expected to grow at a CAGR of about 3% over the forecast period 2018 - 2023.
Recent events including the Paris terrorist attacks and the mass shootings at schools and the Youtube office in the United States has shaken the population and law makers. This is expected to be factor responsible for a rise in the civilian guns and ammunition sales in America, as people continue to feel safer with weapons than without one. On the contrary there is expected to be harsher laws in United States specifically against civilian gun use and sales, but the probability of any adverse affect for ammunition manufacturers of any judicial ruling, is very low because of the strong Gun Lobby.
The ammunition market in the united states is expected to continue growing at a constant rate of growth over the next few years primarily due to massive budget cuts in the military, while the growth in the Artillery Ammunition Market in North America will be led primarily by Mexico. The Artillery Ammunition market will be led by sales of the M-777 Ultra light Howitzers which are revolutionary because of their low weight, and can be carried easily even in the Boeing V-22 Osprey tilt rotor aircraft.
Overall the North American ammunition market owing to reduced defense budgets will be relatively subdued and will only register modest rates of growth, but there will be areas of growth in the market and lot of opportunities for the Ammunition Market.
Major Players in the Market: CBC, Rheinmetall Defense, Nexter, BAE Systems PLC, Remington Arms Company and Ruag Ammotech are some of the few key players in the industry.
Key Developments in the Market
May 10, 2018: New Jersey local municipal council has passed a gun ordinance that would ban sales of guns and ammunitions in and around the vicinity of 'sensitive' areas.
May 1, 2018: Vista, Maker of Ammunition and Recreation Gear, Plans to Sell Off Gun-Making Unit for a better brand image and public acceptibility.
March 26, 2018: Remington Outdoors filed for bankruptcy, after recording a loss of over USD 700 million.
Reasons to Purchase this Report
- Provides Latest Insights into the North American Ammunition market.
- Analysing various perspectives of the market with the help of Porter’s five forces analysis.
- Provides Latest Insights into the Ammunition market in North America.
- Provides Latest Insights into the registration process when entering the North American ammunition market.
- Helps in understanding the market entry by supply chain analysis.
- Identify the latest developments, market shares and strategies employed by the major market players.
- 3 months analyst support along with the Market Estimate sheet (in excel).
Customization of the Report
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1.1 Scope of the Study
1.2 Market Definition
1.3 Executive Summary
2. Research Methodology
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Phases
3. MARKET OVERVIEW AND TRENDS
3.2 Porters Five Force Framework
3.2.1 Bargaining Power of the Suppliers
3.2.2 Bargaining Power of the Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Competitive Rivalry within the Industry
4. MARKET DYNAMICS
5. NORTH AMERICA AMMUNITION MARKET, SEGMENTED BY TYPE
5.1 Small Caliber
5.2 Medium Caliber
5.3 Large Caliber
5.4 Mortar Gun
5.5 Artillery Gun
6. NORTH AMERICA AMMUNITION MARKET , SEGMENTED BY USE
7. NORTH AMERICA AMMUNITION MARKET, SEGMENTED BY GEOGRAPHY
7.1 United States
8. COMPETITIVE LANDSCAPE
8.2 Market Share Analysis
8.3 Development of Key Players
9. KEY VENDOR ANALYSIS (OVERVIEW, PRODUCTS & SERVICES, STRATEGIES)
9.2 ADI Limited
9.3 Rheinmetall Defense
9.4 Olin Corporation
9.6 General Dynamics Corporation
9.7 Alliant Techsystems
9.8 BAE Systems PLC.
9.9 Remington Arms Company
9.10 Winchester Ammunition
9.11 Ruag Ammotech