Demand of Smart Weapons Boosts the Medium-Caliber Ammunition Market

28 Sep 2017
Global Medium-Caliber Ammunition Market

The defense industry is booming and the demand for medium-caliber ammunition is increasing steadily worldwide, among the military forces. The major players in the market are competing against one another undertaking various organic and inorganic market strategies such as mergers and acquisitions, business expansion, and partnerships. The companies are constantly working towards enhancing the existing products as well as launching new ones. The market is expected to grow and attract the attention of various companies across different segments of the value chain. Hence, the new players in the market will look to partner with an established player in order to lead the market and the overall market growth.

One of the leading companies in aerospace and defense technology, Orbital ATK, demonstrated its MK44 Bushmaster Chain Gun firing a variety of 30mm and 40mm ammunition at an event in Arizona in June 2017. The air-burst ammunition is part of a variety of precision technologies for its medium-caliber ammunition including proximity detonating and command guidance rounds.1 The company had announced in a press release earlier this year in February, that it had booked approximately $600 million in orders during the past three months for the company’s medium-caliber cannons and related munitions. These orders were placed by multiple customers who have contracted for the popular MK44 and M230 link-fed Bushmaster Chain Guns, the associated medium-caliber tactical and target practice ammunition, and aftermarket services.

Another world leader in defense technologies, BAE Systems, received a potential $16.8 million contract from the U.S. Navy in August 2017, to produce two MK 110 Mod 0 gun mounts along with associated hardware. The Defense Department stated that each gun mount will include a 57mm medium-caliber gun, a barrel-mounted television camera; an ammunition hoist, a muzzle velocity radar, a power distribution, and ruggedized laptop computer gun control panels.2

Acknowledging the increasing demand for smart weapons in the market, BIS Research has recently compiled a report titled Global Medium-Caliber Ammunition Market- Analysis & Forecast (2017-2021). As quoted by an analyst at BIS Research, “the market of medium-caliber ammunition is expected to show a moderate growth during the forecast period 2017-2021 due to an increasing demand for smart weapons as well as the growing need from non-U.S and non-European markets. The rising state of wars, conflicts and terrorist activities have led to an increase in the defense budgets across different countries and have helped in the expansion of the medium-caliber ammunition market. The total market size of medium-caliber ammunition was valued at $732 million in 2016”

References:

1 UPI

2 Executive Biz

NEWSLETTER SIGNUP

 

Verticals

 

Past Events

IOT India Expo, 2017

http://www.iotindiaexpo.com/#
When: 08 Feb - 10 Feb, 2018
  Where: New Delhi, India
Type of Engagement- Knowledge Partner

Connected Vehicles 2018

http://telematicswire.net/conf/2018/blr/
When: 14 Mar - 15 Mar, 2018
  Where: Bangalore, India
Representative- Faisal Ahmad , CEO & Founder
Type of Engagement- Lead Talk

CVF 2018

http://cvforum.in/
When: 26 Apr - 28 May, 2018
  Where: Pune, India
Representative- Satendra Kumar, Principal Analyst
Type of Engagement- Moderator

IIM Hult prize 2018

http://www.hultprizeat.com/iimlucknow
When: 25 May - 31 May, 2018
  Where: Lucknow, India
Representative- Faisal Ahmad , CEO & Founder
Type of Engagement- Knowledge Partner and Judge for the event

Blockchain in Healthcare Summit

http://tcbi.org/hcblockchainplatform/
When: 11 Jun - 12 Jun, 2018
  Where: Boston
Type of Engagement- Knowledge Partner

Commercial Drones Take Flight: Breaking Barriers and Reaching New Heights

https://register.gotowebinar.com/register/8630250776269240067
When: 28 Jun - 28 Jun, 2018
  Where: GoToWebinar ID: 219-612-347
Representative- BIS Research
Type of Engagement- Webinar

Commercial Drones Take Flight: Breaking Barriers and Reaching New Heights

https://register.gotowebinar.com/register/6634578899309230849
When: 05 Sep - 05 Sep, 2018
  Where: https://register.gotowebinar.com/register/6634578899309230849
Representative- BIS Research
Type of Engagement- Speaker

Strategic Analysis of Precision Medicine, Forecast of Future Trends

https://www.gii.co.jp/seminar/bis-seminar2018/
When: 02 Oct - 02 Oct, 2018
  Where: Otemachi Sankei Plaza, 1-7-2 Otemachi Chiyoda-ku, Tokyo
Representative- Global Information, Inc. (GII)
Type of Engagement- Speaker

10th World Congress on Precision and Personalized Medicine

https://personalized-medicine.conferenceseries.com/registration.php
When: 05 Oct - 06 Oct, 2018
  Where: Osaka, Japan
Type of Engagement- Attendees

Blockchain Technology: Transforming the Agriculture and Food Supply Chain

https://register.gotowebinar.com/register/7355809050283024641
When: 21 Nov - 21 Nov, 2018
  Where: https://register.gotowebinar.com/register/7355809050283024641
Representative- BIS Research
Type of Engagement- Speaker

Precision Medicine World Conference 2019

https://www.pmwcintl.com/bis-research-2019sv/
When: 20 Jan - 23 Jan, 2019
  Where: Santa Clara Convention Center
Representative- Our BIS Healthcare Team
Type of Engagement- Exhibitor. At Booth#324

Connected, Autonomous, Shared, and Electric (CASE) - The Future of Mobility

https://www.gii.co.jp/seminar/bis2019/?c=bnr
When: 06 Mar - 06 Mar, 2019
  Where: Sola City Conference Center, 4-6 Kandasurugadai, Chiyoda-ku, Tokyo Japan 101-0062
Representative- Global Information, Inc. (GII)
Type of Engagement- Speaker

Advancing Precision Medicine through Informatics

https://zoom.us/webinar/register/6115544485265/WN_VJO9WZBCQVGjhoSpKiObQA
When: 30 Apr - 30 Apr, 2019
  Where: https://zoom.us/webinar/register/6115544485265/WN_VJO9WZBCQVGjhoSpKiObQA
Representative- BIS Research
Type of Engagement- Speaker

Big Data in Future of Mobility: Opportunities and Challenges

https://zoom.us/webinar/register/8315553921039/WN_3wVbCVZTQla0g1qBRvrqgg
When: 15 May - 15 May, 2019
  Where: https://zoom.us/webinar/register/8315553921039/WN_3wVbCVZTQla0g1qBRvrqgg
Representative- BIS Research
Type of Engagement- Speaker

NGS Data Management: Turning Data Into Knowledge

https://zoom.us/webinar/register/3415566481137/WN_fH2jbtpYT1qMFvmvqogliw
When: 13 Jun - 13 Jun, 2019
  Where: https://zoom.us/webinar/register/3415566481137/WN_fH2jbtpYT1qMFvmvqogliw
Representative- BIS Research
Type of Engagement- Speaker

Circular Economy- In Pursuit of Fully Recyclable Plastics

https://zoom.us/webinar/register/2715592976380/WN_PryM8ZntR7mFmT0KKd0pqQ
When: 25 Jun - 25 Jun, 2019
  Where: https://zoom.us/webinar/register/2715592976380/WN_PryM8ZntR7mFmT0KKd0pqQ
Representative- BIS Research
Type of Engagement- Speaker

Robotics Simulators: An Emerging Frontier in the Era of Healthcare Robotics

https://zoom.us/webinar/register/7615604362381/WN_jyQlaXB0R-WbKVklyzzQSA
When: 17 Jul - 17 Jul, 2019
  Where: https://zoom.us/webinar/register/7615604362381/WN_jyQlaXB0R-WbKVklyzzQSA
Representative- BIS Research
Type of Engagement- Speaker

Big Data: The Goldmine of Precision Agriculture

https://zoom.us/webinar/register/2015623181415/WN_gibMeiBxTlW-P74d0Ktiyg
When: 08 Aug - 08 Aug, 2019
  Where: https://zoom.us/webinar/register/2015623181415/WN_gibMeiBxTlW-P74d0Ktiyg
Representative- BIS Research
Type of Engagement- Speaker

Microbiome: Changing Contours of Beauty and Personal Care

https://zoom.us/webinar/register/6915633588135/WN_a12GKv__QCm-ZAvsRJ2dAQ
When: 27 Aug - 27 Aug, 2019
  Where: https://zoom.us/webinar/register/6915633588135/WN_a12GKv__QCm-ZAvsRJ2dAQ
Representative- BIS Research Analysts
Type of Engagement- Speaker

5G Vision 2025: Unlocking Strategies for Stakeholders

https://www.eventbrite.com/e/5g-vision-2025-unlocking-strategies-for-stakeholders-tickets-73091569853
When: 16 Oct - 16 Oct, 2019
  Where: https://www.eventbrite.com/e/5g-vision-2025-unlocking-strategies-for-stakeholders-tickets-73091569853
Representative- BIS Research
Type of Engagement- Speaker

Commercial UAV Expo Americas

https://bit.ly/2MrLhzd
When: 28 Oct - 30 Oct, 2019
  Where: The Westgate | Las Vegas
Representative- BIS Research Analysts
Type of Engagement- Supporter

Robotics Technology - Transforming Surgical Practices

https://www.gii.co.jp/seminar/bis201911/
When: 19 Nov - 19 Nov, 2019
  Where: Otemachi First Square Conference, 1-5-1 Otemachi, Chiyoda-ku, Tokyo 100-0004
Representative- Global Information, Inc. (GII)
Type of Engagement- Speaker

India Off-Highway Vehicle Summit

http://www.fiveoit.com/iohv2019/
When: 27 Nov - 28 Nov, 2019
  Where: Prabhag 36, Pune, India
Representative- Mr. Paarijaat Sharma (Principal Analyst, Team Mobility) and Mr. Ravi Kumar Baid (Director, COO)
Type of Engagement- Speaker

Amsterdam Drone Week & UAM Summit 2019

https://www.amsterdamdroneweek.com/
When: 04 Dec - 06 Dec, 2019
  Where: RAI Amsterdam, Europaplein 24, Amsterdam, Netherlands
Representative- BIS Research
Type of Engagement- Knowledge Partner

Counter-UAS Technology: Protecting Critical Assets from Drone Intrusions

https://www.eventbrite.com/e/counter-uas-technology-protecting-critical-assets-from-drone-intrusions-tickets-86782909017?aff=ebdssbonlinesearch
When: 15 Jan - 15 Jan, 2020
  Where: Online
Representative- BIS Research
Type of Engagement- Speaker

Strategize Investments in EV Business: Transform your Risks into Rewards

https://www.eventbrite.com/e/webinar-strategize-investments-in-ev-business-transform-risks-into-rewards-tickets-81267939595
When: 21 Jan - 21 Jan, 2020
  Where: Online
Representative- BIS Research
Type of Engagement- Webcast

CVF Off Highway

https://cvforum.in/offhighway/
When: 23 Jan - 23 Jan, 2020
  Where: The Leela Ambience, Gurugram, India
Representative- Mr. Ravi Kumar Baid (Director, COO)
Type of Engagement- Speaker

28th Convergence India 2020

https://www.convergenceindia.org/
When: 19 Feb - 21 Feb, 2020
  Where: Pragati Maidan, New Delhi, India
Representative- Mr. Paarijaat Sharma (Principal Analyst, Team Mobility)
Type of Engagement- Research Partner

Webinar: Ventilators for COVID-19: How Companies are Breaking the Entry Barriers

https://zoom.us/webinar/register/9715858955222/WN_SlO2umKRQtedpueaLNUriw
When: 09 Apr - 09 Apr, 2020
  Where: Free webinar at https://zoom.us/webinar/register/9715858955222/WN_SlO2umKRQtedpueaLNUriw
Representative- BIS Research Analysts
Type of Engagement- Speaker

3D Printing for COVID-19: Balancing the Supply Crunch in Healthcare Industry

https://zoom.us/webinar/register/7115863519290/WN_QwuemdmURkyYXu2CZywlHA
When: 16 Apr - 16 Apr, 2020
  Where: https://zoom.us/webinar/register/7115863519290/WN_QwuemdmURkyYXu2CZywlHA
Representative- Mr. Kelvin Wee, Mr. Michael Tuckey and Ms. Relansi Gupta
Type of Engagement- Speaker

Ventilator Regulations, Safety Compliance, and Training During COVID-19

https://zoom.us/webinar/register/4315863522108/WN__oJNhdWZRpuOZojhipsUQQ
When: 30 Apr - 30 Apr, 2020
  Where: https://zoom.us/webinar/register/4315863522108/WN__oJNhdWZRpuOZojhipsUQQ
Representative- Mr. Patrick Berges, Mr. Sudhakar Mairpadi, Mr. Vijay Simha, Mr. Milind Nadgouda, and Mr. Abdul Wahid Khan
Type of Engagement- Speaker

Spar 3D Expo and Conference

https://www.spar3d.com/event/
When: 03 Jun - 05 Jun, 2020
  Where: Mccormick Place, Chicago, IL
Representative- Mr. Rahul Papney (Principal Consultant, Team Aerospace & Defence) and Mr. Arpit Benjwal (Principal Analyst, Team Advanced Materials)
Type of Engagement- Research Partner

Impact of COVID-19 on Minimally Invasive Surgical Technology Ecosystem

https://zoom.us/webinar/register/4315863522108/WN_C5KxphQUTPGOHSlNPAdJdQ
When: 16 Jul - 16 Jul, 2020
  Where: https://zoom.us/webinar/register/4315863522108/WN_C5KxphQUTPGOHSlNPAdJdQ
Representative- Mr. Abdul Wahid Khan, Mr. Manukoushik Chanda, Mr. Devon Bream, and Mr. Mohan Nathan
Type of Engagement- Speaker

Commercial UAV Expo Americas

https://www.expouav.com/
When: 15 Sep - 17 Sep, 2020
  Where: Paris Las Vegas, Las Vegas, USA
Representative- Mr. Rahul Papney (Principal Consultant, Team Aerospace & Defence)
Type of Engagement- Research Partner

Commercial UAV Expo Europe

https://www.expouav.com/europe/
When: 01 Dec - 03 Dec, 2020
  Where: RAI Amsterdam, Amsterdam, Netherlands
Representative- Mr. Rahul Papney (Principal Consultant, Team Aerospace & Defence)
Type of Engagement- Research Partner

Amsterdam Drone Week

https://www.amsterdamdroneweek.com/
When: 01 Dec - 03 Dec, 2020
  Where: RAI Amsterdam, Amsterdam, Netherlands
Representative- Mr. Rahul Papney (Principal Consultant, Team Aerospace & Defence)
Type of Engagement- Research Partner

Advances in UAV Communications: Present Challenges and Future Opportunities

https://zoom.us/webinar/register/4516051805050/WN_rKg_-j6pRoaEsdqnXT1Zxw
When: 17 Dec - 17 Dec, 2020
  Where: https://zoom.us/webinar/register/4516051805050/WN_rKg_-j6pRoaEsdqnXT1Zxw
Representative- Guest Speakers: Dr. Thomas Neubauer, VP of Innovations, TEOCO and Dr. Sanjay Gupta Investor, Entrepreneur, Innovator and Strategic Advisor – BIS Research
Type of Engagement- Speaker

Twitter Feeds

 

OUR CLIENTS