Market Share of Europe Medium And Large Caliber Ammunition Industry
Europe's medium鈥攁nd large-caliber ammunition market is semi-consolidated. Some prominent players in the market are General Dynamics Corporation, BAE Systems plc, Rheinmetall AG, Northrop Grumman Corporation, and Nexter Group KNDS.
Europe has some of the largest ammunition manufacturers in the world, and they are well-known globally for their brand value, reliability, and quality. However, several countries in the region have developed their local ammunition manufacturing, resulting in the advent of local players who are equally strong, providing smaller sub-systems of a larger network/projects in partnership with the global leaders. Over the years, the regional players have mastered technology and product design, and they are offering similar quality ammunition at a relatively lower price, posing a threat to the growth of the established players in Europe, who have been demanding monopoly-style prices for their products and services. This is expected to further intensify the competition in the market during the forecast period.
Europe Medium And Large Caliber Ammunition Market Leaders
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General Dynamics Corporation
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Rheinmetall AG
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Northrop Grumman Corporation
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KNDS N.V.
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BAE Systems plc
*Disclaimer: Major Players sorted in no particular order
