Competitive Insights
Major businesses in the market include General Dynamics Corporation, Remington Arms Company, Inc., BAE
Systems, Ruag Ammotec, Federal Premium Ammunition and Maxam and Poongsan Corporation.
With a view of safeguarding a solid position in the market and minimize competitiveness, the international
weapons and armories industry has constantly experienced mergers and acquisitions by the key participants.
BAE systems merged with General dynamics ordnance and tactical systems in the year 2012 to produce RCGM
i.e. an 81mm Roll Controlled Guided Mortar.
Market Segment:
Product Outlook (Revenue, USD Million, 2013 - 2024)
• Bullet
• Rocket
• Mortar
• Others
End-Use Outlook (Revenue, USD Million, 2013 - 2024)
• Civil
• Law Enforcement
• Sports and Hunting
• Self-defense
• Defense
Regional Outlook (Revenue, USD Million, 2013 - 2024)
• North America
• U.S.
• Europe
• Russia
• UK
• France
• Asia Pacific
• China
• India
• Latin America
• Brazil