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Ammunition Handling System Market Report | Covid-19 Impact Analysis
The Ammunition Handling System Market is Segmented by Platform Type (Land, Naval, and Airborne), by Weapon Type (Cannons, Gatling Guns, Main Guns, Machine Guns, and Launcher), by Component Type (Loading Systems, Drive Assembly, Ammunition Storage Units, Auxiliary Power Units (APU), and Other...
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Ammunition handling system market is likely to witness an impressive CAGR of 7.5% during the forecast period. The factors that are contributing to the demand for ammunition handling systems are mainly the increasing demand for remote weapon stations, tank turrets, and naval guns from military forces across the globe.
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Ammunition Handling System Market - Snapshot |
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Growth |
7.5% for the next five years |
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Major Platform Type |
Land |
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Dominant Weapon Type |
Machine Guns |
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Major Feeding Mechanism |
Linkless |
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Region with the highest growth |
Asia-Pacific |
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Key Players |
Meggitt Plc, General Dynamics Corporation, Nobles Worldwide, Mcnally Industries, LLC, Curtiss-Wright Corporation, Moog Inc., BAE Systems Plc, Thales Group, Standard Armament Inc., Calzoni. |
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Based on the platform type, 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.
Based on the weapon type, the market is segmented as cannons, gatling guns, main guns, machine guns, and launcher. The machine guns segment dominates the market, whereas gatling gun is expected to remain the fastest-growing segment during the forecast period. 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.
Based on the feeding mechanism type, the ammunition handling system market is segmented as linked and linkless. The linkless segment dominates the market, as it allows 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 firepower of gun systems, increase in military modernization programs, and procurement of new military equipment.
In terms of regions, Asia-Pacific is estimated to be the fastest-growing ammunition handling system market during the forecast period, with China, India, and South Korea being 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 a large number of 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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Some of the major players in the ammunition handling system market are-
Ammunition is used to fire or attack the opponent, things or materials. A system intended to handle this ammunition is called ammunition handling system.
Ammunition handling systems help to improve the firepower of weapon systems. They are placed on a platform to protect troops from direct enemy fire, due to automated operations of weapon systems.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Ammunition Handling System Market Research Report - Features |
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Market Segmentation |
6 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The ammunition handling system market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and 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 book, press release, journals, investor presentation, 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 the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. 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. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
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 at [email protected].
Ammunition handling system market is expected to witness an impressive growth of 7.5% CAGR in the foreseeable future.
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.
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.
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