The latest research report by Emergen Research, named ‘Global Ammunition Market – Forecast to 2027’, entails a comprehensive review of the global Ammunition market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Ammunition industry, particularly the current COVID-19 scenario.
The Ammunition Market is forecasted to be worth USD 28.81 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market growth include growing adoption of the ammunition for self-defense, rising domestic violence & terrorist activities, increasing interests in bird-hunting, usage of the ammunition in sports, and availability of the cost effective weapons with ammunition, to name a few.
Besides, extensive rise in the cross-border conflict, broadening the number of armed law enforcement troops & new taskforce battalions, and asymmetric warfare & intercountry border conflicts are some of the additional reasons behind the remarkable growth of the market. Also, reduced manufacturing costs of the guns with the help of 3D printing mechanisms, growing demand for the smart guns, and increasing usage of polymer in the arms industry are some of the subordinate market propelling factors that create a huge breakthrough in the market growth.
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The Global Ammunition Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
Market Overview:
The research report on the Ammunition market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Ammunition business sphere.
Market Dynamics:
The report offers insightful information about the market dynamics of the Ammunition market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Ammunition market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Ammunition market.
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Key players in the market Smith & Wesson Holding Corp., Freedom Group, Orbital ATK, Sturm, Ruger, & Co., Inc., American Outdoor Brand Corporation, Thales Group, Lockheed Martin, General Dynamics Corporation, Beretta S.p.A., and Raytheon Company, among others.
Further key findings from the report suggest
- In November 2019, Nammo declared an acquisition of the Chemring Ordnance which is a subsidiary company of Chemring Group, would help Nammo strengthen its manufacturing capabilities in the United States.
- The polymer sub-segment is growing with the fastest CAGR of 6.3% owing to its higher efficiency in the manufacturing with 3D printing techniques and reduction in the overall costing with higher applicability in the sports and hunting purposes.
- The regions in the Asia Pacific lead by China, India, Pakistan, and South & North Korea are allotting a considerable budget for their defense & law enforcement grooming purposes. Besides, growing incidences of interpersonal stand-offs, asymmetric warfare, terrorist activities, domestic violence, along with higher economic development and enhancement in the manufacturing industry, deliberately help propel market enforcement.
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For the purpose of this report, Emergen Research has segmented into the global Ammunition Market on the basis of Type, End Users, Caliber, Technology, Lethality, Component, Materials Used, and Region:
Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Bullets
- Aerial Bombs
- Grenades
- Artillery Shells
- Mortars
- Launchers
- Others
- Total
End Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Military
- Law Enforcement
- Hunting
- Sports
- Self-defense
Caliber Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Small
- 9mm
- 56mm
- 62mm
- 7mm
- .338 Lapua Magnum
- .338 Norma Magnum
- 5mm
- Others
- Medium
- 20mm
- 25mm
- 30mm
- 40mm
- Others
- High
- 60mm
- 81mm
- 120m
- 155mm
- Others
Technology Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Guided
- Unguided
Lethality Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Lethal
- Less-lethal
Component Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Fuzes & Primers
- Propellants
- Bases
- Projectiles and Warheads
- Others
Materials Used Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Steel
- Aluminum
- Polymer
- Others
Regional Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Russia
- UK
- Germany
- France
- BENELUX
- Asia Pacific
- China
- Japan
- India
- Pakistan
- South Korea
- North Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Israel
- Rest of MEA
Global Ammunition Market Report – Table of Contents:
- Chapter 1 includes the global Ammunition market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Ammunition market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Ammunition market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Ammunition industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
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