06 June 2020
Visiongain has launched a new report Camouflage Ammunition Market Report 2020-2030: Forecasts by Ammunition Type (Armoured Vehicles, Naval Gun, Warships), by Applications (Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars), Major Developments, Signed Contracts and Companies Market Share Analysis.
Camouflage ammunition includes the camouflage clothing used by the army personnel to disguise their body or equipment. Thus includes the material or products used to disguise the armoured vehicles, guns and other ammunition. Increasing political tensions across several countries of the world are one of the major factors driving the revenue growth in the global camouflage ammunition market. The camouflage ammunition offers a smokescreen for concealing the attack. This is highly demanded among the military personnel as it one of the major value addition. The disguised manoeuvres offered by the camouflage ammunition enables effective operations. These are non-lethal systems that are mounted on top of armoured vehicles for protection.
Continuous technological advancements and subsequent rise in military budgets are expected to drive the growth in the global camouflage ammunition market over the forecast period. Further, increasing focus toward minimizing casualties during military operations will increase the demand for camouflage ammunition.
Based on ammunition type, the global camouflage ammunition market is categorized into armoured vehicles, naval guns, and warships. Further, applications of camouflage ammunition covered in the report include bullets, aerial bombs, grenades, artillery shells, and mortars.
Some of the leading players operating in the global camouflage ammunition market are Krauss-Maffei Wegmann GmbH & Co. KG, S. TOHAN S.A. Zarnesti, GREEK POWDER AND CARTRIDGE COMPANY SA, Hellenic Defence Systems, Rheinmetall, MERX, Oxley, Valhalla Turrets, and Diehl Defence.
Other companies operating includes Orbital Atk, Vista Outdoors, Rosoboronexport, Olin Corporation (Winchester Ammunition), Ruag Ammotec, FN Herstal, Iveco – Oto Melara Consortium, Nammo Ammunition Handbook, Nexter, BAE Systems, Poongsan Defense, IMI (Israel Military Industries), General Dynamics, Day & Zimmermann, Rheinmetall Defence, Finmeccanica, Zavod Plastmass, National Presto, and Norinco, AMMO CAMO. These companies are taking various strategic initiatives such as mergers, acquisitions, and partnerships so as to gain a competitive advantage and increase the global presence in the market.
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