Dec 20, 2017   SOURCE: BusinessWire

Global Ammunition Handling System Market Forecast to 2022 - Rising Incidences of Asymmetric Warfare - Research and Markets

The "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" report has been added to Research and Markets' offering.

The ammunition handling system market is expected to grow from USD 2.30 billion in 2017 to USD 3.50 billion by 2022, at a CAGR of 8.75%.

This growth can be attributed to the rising incidences of asymmetric warfare and increasing investments to enhance combat capabilities of military forces by procuring armored vehicles equipped with advanced ammunition handling systems.

Drivers

  • Increasing Demand for Ammunition Handling Systems for Military Applications Owing to the Rising Incidences of Conflicts
  • Enhancing Firepower of Gun Systems
  • Overhauling of Existing Warfare Platforms With Linkless Ammunition Handling Systems

Opportunities

  • Increasing Ammo Storage Capacity
  • Growing Demand for Remote Weapon Stations and Gun Turret Systems in Various Countries Across the Globe

Challenges

  • Integration of Ammunition Handling Systems With A Wide Range of Platforms
  • High Cost of Composite Linkless Ammunition Feed Systems
  • Occurrence of Mechanical Failures in Linked Ammunition Handling Systems
  • Complexities Involved in Ammunition Handling Systems for Naval Platforms

The ammunition handling system market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period.

The upgrade of warfare platforms by military forces of various countries in the Asia Pacific region is projected to drive the growth of the ammunition handling system market in this region. China, India, and South Korea are major countries investing in the procurement of ammunition handling systems and related technologies.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Ammunition Handling System Market, By Platform

8 Ammunition Handling System Market, By Weapon Type

9 Ammunition Handling System Market, By Component

10 Ammunition Handling System Market, By Feeding Mechanism

11 Ammunition Handling System Market, By Mode of Operation

12 Ammunition Handling System Market, By Region

13 Competitive Landscape

14 Company Profiles

  • BAE Systems
  • Calzoni
  • Curtiss-Wright
  • Dillon Aero
  • General Dynamics
  • GSI International
  • Mcnally Industries
  • Meggitt
  • Moog
  • Nobles Worldwide
  • Standard Armament
  • Thales Group

For more information about this report visit https://www.researchandmarkets.com/research/36twj2/global_ammunition?w=4