Fiscal deficits in Britain are affecting all divisions of
the public sector, with budget cuts across the board. A contentious issue
widely discussed in the news and within parliament at the moment are the Coalition’s
defence cuts, which include a major restructuring of the British Army where
20,000 regular soldiers will be replaced with 30,000 army reservists. The
public are unhappy with the consequent redundancies, and MPs, Tory’s in
particular, are worried that regular soldiers are being sacked before
reservists are properly trained, and therefore able to cope.
The worry is that if a large-scale military threat occurred in
the future then the UK would have far less resources than it’s used to, and we
would suffer because of it. This “New Army” is made up of a root army with an
adaptable force made up of soldiers from the Territorial Army. The British Army
will not be able to fight in two different countries again, like it has done
simultaneously in Iraq and Afghanistan. The focus will be instead on
intervening at an earlier stage with the aim of avoiding conflict, with a specialist
security assistance force that will send small teams of soldiers to advise and
keep the peace. The question is whether the Territorial Army will be able to
rise to this challenge, and how exactly the budget cuts in Britain will have a
wider affect on their place within global defence.
Military shifts are occurring across the globe as countries
hit hard by recession are forced to scale back, and developing countries begin
to establish their military presence. These changes are affecting the global
defence market, influencing the forecast for how the market is set to evolve
over the next ten years. The Industry Report Store has just released an essential
new report which details the latest market research intelligence and forecasts
for the global military ammunition market between 2013 and 2023. The report
predicts how the market is expected to grow or change, with comprehensive
market forecasts due to factors such as military modernisation, budget cuts and
the effects of troop reduction initiatives.
The need to maintain
sufficient inventory of ammunition for militaries worldwide and the increasing
demand for training ammunition is anticipated to have a positive impact on the
demand for military ammunition. Additionally, modernisation initiatives that
are being implemented in most major defence spending countries and are focusing
on the upgrade of existing firearms and induction of new advanced models are
also expected to encourage spending on military ammunition. The impact of
military modernisation on the ammunition market is most likely to be witnessed
prominently in emerging economies such as India, China, Brazil and Russia which
are spending significantly on enhancing capabilities of their ground forces by
inducting state-of-the-art small arms, howitzers and mortars.
This report outlines crucial information including which regions will account for
large shares of the market and the reasons behind their increased spend, for
example strong economic growth and domestic unrest. Specific trends, like which
sectors are being invested in, as well as larger more general trends affecting
the market as a whole are carefully analysed and explained. The technological
and market trends, as well as factors such as development and industry
challenges also feature throughout the report. For example, how will western
austerity measures change how countries consolidate with one another? This
report is vital for those looking to keep their business strategies in line
with the latest research, and effectively understand their target market.
To find out more about this report, enquire here: The Global Ammunition Market 2013-2023
If you found this post interesting but don’t feel that this
particular report is what you’re looking for then please don’t hesitate to
contact us, and we can see if any other reports within our extensive database
would suit your business intelligence requirements.
About Industry Report Store:
Industry Report Store is the most comprehensive online resource for market research reports, analysis, news and expert commentary on 40 industries in over 100 countries. Find over 150,000 global and country sector reports, consumer trend reports, company profiles and market guides, all available for online purchase.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own in-house expert teams and from carefully selected third-party publishers. We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Report Store delivers in-depth knowledge of local markets worldwide.
Elizabeth Ryan
Marketing
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