Programmable ammunition incorporates a mechanical, electronic or electro-mechanical fuse to initiate the explosive function of the ammunition, once the desired activation criterion has been met. These type of ammunitions are customizable according to the requirement. Different types of detonation can be done using programmable ammunition such as time programmable, proximity, remote wireless, impact self-destruct etc. Medium and large caliber ammunition are the two types of programmable ammunition that are used by military personal. These types of ammunition give superior strength to handle traditional threats such as anti-ship missiles, aircraft, ships and shore targets, including those with arms protection. Advantages of programmable ammunition such as high penetration performance, versatility, reliability, low dispersion and handling safety etc. are expected to increase its demand during forecast period.
MARKET DYNAMICS
Rising war like situation around the world, growing military expenditure in developing countries, and advantages of programmable ammunition such as customization, reliability, handling safety etc. is driving the growth of the programmable ammunition market. However, less awareness in developing nations may restrain the growth of the programmable ammunition market. Further, the emergence of smart weapons and integration of network-centric capabilities into weapons with smaller footprint is anticipated to create market opportunities for the programmable ammunition market during the forecast period.
MARKET SCOPE
The "Global Programmable Ammunition Market Analysis to 2028" is a specialized and in-depth study of the programmable ammunition market with a special focus on the global market trend analysis. The report aims to provide an overview of programmable ammunition market with detailed market segmentation by caliber, detonation type, and geography. The global programmable ammunition market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading programmable ammunition market players and offers key trends and opportunities in the programmable ammunition market.
MARKET SEGMENTATION
The global programmable ammunition market is segmented on the basis of caliber and detonation type. On the basis of caliber, the market is segmented as medium-caliber and large-caliber. Further based on detonation type, market is segmented as time programmable, impact self-destruct, proximity, and remote wireless.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global programmable ammunition market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The programmable ammunition market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting programmable ammunition market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the programmable ammunition market in these regions.
MARKET PLAYERS
The reports cover key developments in the programmable ammunition market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from programmable ammunition market are anticipated to lucrative growth opportunities in the future with the rising demand for programmable ammunition. Below mentioned is the list of few companies engaged in the programmable ammunition market.
The report also includes the profiles of key programmable ammunition market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ASELSAN A.- .
- BAE Systems
- Fuchs Electronics
- JUNGHANS Microtec GmbH
- Leonardo S.p.A.
- Nammo AS
- Nexter group KNDS
- Northrop Grumman Corporation
- Reshef technologies Ltd.
- Rheinmetall AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.