DUBLIN--(BUSINESS WIRE)--The "Global Small Caliber Ammunition Market - Analysis of Growth, Trends Progress and Challenges (2018-2023)" report has been added to Research and Markets' offering.
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 de-facto numero uno global terrorist organization.
The recent terror strikes in Paris and Turkey have shaken the European population, thus there will be a spike in gun ownership in the region as the people there begin to doubts on their safety. All over the world, the civilian gun sales are expected to rise and will remain strong especially in Africa and Latin America where the population faces a relatively higher safety risk.
Asia Pacific region, especially India is expected to do a comprehensive modernization of its armed forces and that includes its much talked about F- INSAS Program, which will equip Indian soldiers with modern equipment, thus boost the global Small Caliber Ammunition market.
The Global Small Caliber Small Caliber Ammunition market will see subdued rates of growth in the North America region owing to large scale defense budget cuts and a expected gradual tightening of the gun ownership norms following uproar over the numerous civilian mass shooting incidents. But the rest of the world will drive the growth in the Global Small Caliber Ammunition Market and the Asia Pacific region will see the highest rates of growth.
Market Dynamics
Drivers
- Increase in threats from Terrorist Organisations
- Obsolete and Ageing Equipment of some Countries
- Rising gun use by civilian Population
Restraints
- Drastic Reduction in American Defense Budget
- Rising voices for Gun Restrictions in United States
- Strict Regulatory framework regarding civilian gun use in some countries
Trends
- Rise in Demand for Smart Weapons
- Smith And Wesson Partners With General Dynamics Corp For USA Army Pistol Contract
Key Topics Covered:
1. Research Methodology
2. Key Findings of The Study
3. Executive Summary
4. Market Overview
5. Market Dynamics
6. Global Small Caliber Ammunition Market
7. Competitive Intelligence - Company Profiles
8. Investment Analysis
9. Future of Global Small Caliber Ammunition Market
Companies Mentioned
- Cbc
- Adi Limited
- Rheinmetall Defense
- General Dynamics Corporation
- Alliant Techsystems
- Nexter
- Bae Systems Plc
- Olin Corporation
- Remington Arms Company
For more information about this report visit https://www.researchandmarkets.com/research/rxqwzc/global_small
