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    Ammunition Handling System Market Analysis | 2023-2028

    Ammunition Handling System Market Analysis | 2023-2028
    Report code - SRAD316 Delivery - 2 Weeks
    Ammunition Handling System Market Size, Share, Trend, Forecast & Industry Analysi See more...

    “The Ammunition Handling System Market was estimated at US$ 2.53 billion in 2022 and is expected to grow at a CAGR of 8.2% during 2023-2028 to reach US$ 4.08 billion by 2028.”

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    Market Dynamics

    Introduction

    The Ammunition Handling System (AHS) is a system, mechanical or automatic; for dealing, storing, and moving ammunition safely and effectively in military vehicles or naval ships or aircraft. It covers conveyor systems, hoists, magazines, and loading mechanisms, which are all optimized for a business’s operation.

    AHS aids in the proper storage of ammunition and readiness for loading and unloading during combat/training and reduces human involvement in this process thus increasing safety. They are very essential in today’s operational militia services because of the timely provision of ammunition that is well protected from physical onslaughts and is promptly deployed when the need arises thus enhancing the military’s readiness and efficiency in numerous defense systems.

    Ammunition Handling System Market Report Overview

    Market Size in 2028

    USD 4.08 Billion

    Market Size in 2022

    USD 2.53 Billion

    Market Growth (2023-2028)

    8.2%

    Forecast Period

    2023-2028

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Market Drivers

    The Ammunition Handling System Market is witnessing robust growth, fueled by multiple factors:

    • Ammunition handling systems are in high demand because of the growing orders for the Remote Weapon Stations.

    • Military forces across the globe require more sophisticated tank turrets and this creates a demand for such systems.

    • Like naval guns, demand is also increasing for naval ammunition, thereby increasing the need for ammunition handling systems.

    • These systems aid in the management, storage, and utilization of ammunition within several defense structures.

    • They support operational effectiveness and safety by reducing the risks of manual handling during combat or training.

    Segments Analysis

    Ammunition-Handling-System-Market-Dominant-Segments

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    By Platform Type

    “The land segment dominates the market and will be the fastest growing platform.”

    The ammunition handling system market is segmented as land, naval, and airborne. The land segment dominated the market in 2019 and is expected to remain the fastest-growing platform type during the forecast period. The increasing demand for main battle tanks and armored fighting vehicles across the globe is driving the growth of this segment.

    By Weapon Type

    “The machine guns segment dominates the market and gatling guns are expected to remain the fastest-growing segment during the forecast period.”

    The market is segmented into cannons, gatling guns, main guns, machine guns, and launchers. The major factor that is attributing to the growth of the segment is the increased adoption of gatling guns by military forces, globally to carry out anti-air operations.

    By Feeding Mechanism Type

    “The linkless segment dominates the market during the forecast period.”

    The ammunition handling system market is segmented as linked and linkless. The linkless segment dominates the market, as it allows the loading of ammunition in weapons through conveyor systems. Further, this mechanism also helps to download the used cases and unfired rounds. The growth of this mechanism is contributing to the need to enhance the firepower of gun systems, increase military modernization programs, and procurement of new military equipment.

    Regional Analysis

    “Asia-Pacific is estimated to be the fastest-growing market during the forecast period.”

    China, India, and South Korea are the major countries with lucrative growth opportunities. The growth of the market is driven by the increase in the defense spending of emerging countries, which is generating huge demand for ammunition handling systems and the presence of many ammunition handling system manufacturers in the Asia-Pacific region.

    North America and Europe are also expected to offer substantial growth opportunities during the foreseen duration.

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    Key Players

    The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc. 

    The following are the key players in the ammunition handling system market (arranged alphabetically).

    Note: The above list does not necessarily include all the top players in the market.

    Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

    Report Features

    This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Ammunition Handling System Market

    How lucrative is the future?

    The market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Who are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirements?

    10% free customization

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, validation, and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

    We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Customization Option

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The Ammunition Handling System (AHS) is a system, mechanical or automatic; for dealing, storing, and moving ammunition safely and effectively in military vehicles or naval ships or aircraft. It covers conveyor systems, hoists, magazines, and loading mechanisms, which are all optimized for a businesss operation. AHS aids in the proper storage of ammunition and readiness for loading and unloading during combat/training and reduces human involvement in this process thus increasing safety.

    The Ammunition Handling System Market is expected to grow at a CAGR of 8.2% during 2023-2028.

    Meggitt Plc, General Dynamics Corporation, Nobles Worldwide, Mcnally Industries, LLC, Curtiss-Wright Corporation, and Moog Inc. are among the key players in the Ammunition Handling System Market.

    The Ammunition Handling System Market is expected to reach US$ 4.08 billion by 2028.

    Asia-Pacific is estimated to be the fastest-growing ammunition handling system market in the foreseeable future.

    The land segment is expected to remain the fastest-growing platform type in the ammunition handling system market during the next five years.

    Gatling gun is expected to remain the fastest-growing segment in the ammunition handling system market in the coming years.

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