Ammunition Handling System Market Size, Share, Trend, Forecast & Industry Analysis: 2023-2028
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Ammunition Handling System Market Size, Share, Trend, Forecast & Industry Analysis: 2023-2028
Ammunition Handling System Market is segmented by Platform Type (Land, Naval, and Airborne), Weapon Type (Cannons, Gatling Guns, Main Guns, Machine Guns, and Launchers), Component Type (Loading Systems, Drive Assembly, Ammunition Storage Units, Auxiliary Power Units (APU), and Others), Feeding Mechanism Type (Linked, Linkless), Mode of Operation Type (Automatic, Semi-Automatic), and Region (North America, Europe, Asia-Pacific, and Rest of the World).
Ammunition Handling System Market is segmented by Platform Type (Land, Naval, and Airborne), Weapon Type (Cannons, Gatling Guns, Main Guns, Machine Guns, and Launchers), Component Type (Loading Systems, Drive Assembly, Ammunition Storage Units, Auxiliary Power Units (APU), and Others), Feeding Mechanism Type ...
“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.”
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
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By Platform Type
“Theland 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 dominatesthe market andgatling guns are expected to remain the fastest-growing segmentduring 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
“Thelinkless 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?
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.
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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.
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.