According to the new market research report "Ammunition Handling System Market by Platform (Land, Airborne, Naval), Weapon Type (Cannons, Gatling Guns, Machine Guns, Main Guns, Launchers), Feeding Mechanism (Linked, Linkless), Component, Mode of Operation, and Region - Global Forecast to 2022", The ammunition handling system market is estimated to be USD 2.30 Billion in 2017 and is projected to reach USD 3.50 Billion by 2022, at a CAGR of 8.75% from 2017 to 2022. The increasing demand for remote weapon stations, tank turrets, and naval guns from military forces worldwide and rising incidences of asymmetric warfare across the globe are key factors driving the growth of the ammunition handling system market.
Browse 168 market data Tables and 56 Figures spread through 177 Pages and in-depth TOC on "Ammunition Handling System Market - Global Forecast to 2022"
Early buyers will receive 10% customization on reports.
Based on platform, the land segment is projected to lead the ammunition handling system market during the forecast period
Based on platform, the land segment is expected to lead the ammunition handling system market from 2017 to 2022. Ammunition handling systems identify and locate selected ammunition rounds in a magazine, and transfer the chosen rounds to a weapon for firing. The demand for main battle tanks and armored fighting vehicles has increased across countries worldwide, thereby driving the growth of the ammunition handling system market in land platform.
Based on feeding mechanism, the linkless segment of the ammunition handling system market is expected to grow at the highest CAGR during the forecast period
Based on feeding mechanism, the ammunition handling system market has been segmented into linked and linkless. The linkless segment is projected to lead the ammunition handling system market from 2017 to 2022. The linkless ammunition feed mechanism allows loading of ammunition in weapons through conveyor systems. This mechanism also helps download the used cases and unfired rounds. The growth of the linkless segment can be attributed to the need to enhance firepower of gun systems, the increase in military modernization programs, and procurement of new military equipment.
The ammunition handling system market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period
The growth of the ammunition handling system market in the Asia Pacific region can be attributed to increased defense spending of emerging countries, such as India and China. These countries are focused on the development of advanced warfare systems for military applications.
Major players operating in the ammunition handling system market include Meggitt Defense Systems (US), General Dynamics (US), McNally Industries (US), Nobles Worldwide (US), and Curtiss-Wright (US).
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.SEND ME A FREE SAMPLE