Industry Analysis & Industry Trends
The Guns and Ammunition Manufacturing industry had its ups and downs over the past five years. Prior to the five-year period, the expanding US defense budget and combat operations in the Middle East greatly increased demand for military-related small arms, ammunition, bombs, artillery shells, ordnances and other munitions. However, as the United States began to wind down combat operations, spending on defense, particularly industry products, plunged. Increasing consumer concerns about stricter gun control laws led many to buy industry products before a feared ban. As a result, despite defense cuts, industry revenue skyrocketed. In the five years to 2021, industry growth will be tempered by the eventual normalization of consumer demand following the recent surge in demand... purchase to read more
Industry Report - Starting a New Business Chapter
While there are few explicit barriers to entry, there are some factors that may deter entry. A significant financial investment is required to acquire, maintain and update plant and equipment. This cost may deter some firms from entering the industry. Machinery operators also need to be trained, but these costs are relatively insignificant. The rising level of unemployment in the United States has lowered some of the difficulty in obtaining a workforce with the required skills.
Research and development (R&D) is necessary for product innovation. In order to effectively compete, an entrant should be committed to spending a significant amount on R&D... purchase to read more