The global weapons manufacturing market is registering strong growth due to rapid economic growth in emerging market such as China and India, rising military tensions, terrorism and political instability in many countries in the Middle-East and Africa. Additionally, an uncertain political environment, increasing incidences of terrorism and technological advancements are expected to drive the demand for weapons manufacturing.
The market is challenged by restraints such as stringent regulations in defense equipment procurement, high investment costs and increasing investments in cyber wars.
Explosives, rockets and mortars accounted for the largest share of the market for weapons manufacturing in 2017. The highest growth is also projected to come from explosives, rockets and mortars. Major factors included economic growth, technological advancements and rising military tensions.
North America is the largest market for weapons manufacturing. It was followed by the Asia Pacific and the Middle-East. Going forward, Eastern Europe is expected to witness the fastest growth in the weapons manufacturing market, followed by the Asia Pacific.
The USA is the largest market in terms of value and in the weapons manufacturing market. China and Australia are forecasted to have the fastest growth.
The market is concentrated with a few large players dominating the market.
- Lockheed Martin Corp.
- BAE Systems Plc
- The Raytheon Company
- Northrop Grumman Corp.
- The Boeing Company
- General Dynamics Corp
Key Topics Covered
2 Summary and Highlights
3 Weapons Manufacturing Market Overview
4 PESTLE Analysis
5 Weapons Manufacturing Market Segmentation, Regional and Country Analysis
6 Weapons Manufacturing Market Customer Information
7 Global Weapons Manufacturing Market Comparison with Macro Economic Factors
8 Asia-Pacific Weapons Manufacturing Market
9 Western Europe Weapons Manufacturing Market
10 Eastern Europe Weapons Manufacturing Market
11 South America Weapons Manufacturing Market
12 Middle East Weapons Manufacturing Market
13 Africa Weapons Manufacturing Market
14 Weapons Manufacturing Market Competitive Landscape
15 Key Mergers and Acquisitions in the Weapons Manufacturing Market
For more information about this report visit https://www.researchandmarkets.com/research/c55r7p/global_weapons?w=4