Global Ammunition Market, By Product (Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars), Component (Fuzes & Primers, Propellants, Bases, Projectiles and Warheads, Others), Caliber (Small, Medium, Large, Others), Guidance (Non-Guided, Guided), Lethality (Lethal, Less-Lethal), Application (Defense, Civil & Commercial), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The ammunition market is expected to witness market growth at a rate of 3.3% in the forecast period of 2021 to 2028. Data Bridge Market Research report on ammunition market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The change in the nature of the warfare is escalating the growth of ammunition market.
Ammunition refers to the projectiles and propelling charges that are utilized in small arms, artillery and other guns. Its size is generally stated in the terms of caliber. The caliber is the diameter of the projectile as measured in millimeters or inches such as projectiles less than 20 mm or .60 inch in diameter are classified as small-arm, whereas larger calibers are known as artillery. One firing of the gun requires a complete round of ammunition comprising of all the components necessary for one firing of the gun.
The increase in the rate of hostilities and terrorist activities globally accelerating the procurement of defense equipment by prominent militaries acts as one of the major factors driving the growth of ammunition market. The technological developments in the ammunition such as lightweight bullets made from polymer-based cases and the rise in the penetration of small-caliber ammunition owning to the growing trend of sports that utilize rifles and pistols accelerate the ammunition market growth. The acquirement of small caliber ammunition by civilians and the homeland security department and rise in of sales channels such as online sales further influence the ammunition market. Additionally, increase in tensions, territorial conflicts and political unrest in the Middle East and the Asia-Pacific, increase in investments in military and armed forces, modernization programs undertaken by military forces especially in developed economies and militarization of police forces positively affect the ammunition market. Furthermore, research and development activities for the improvement of small caliber ammunition, reduction in weight of ammunition and stockpiling of ammunition extend profitable opportunities to the ammunition market players in the forecast period of 2021 to 2028.
On the other hand, the implementation of various economic, legal and political regulations regarding the acquirement of ammunition and emergence of proliferation of illicit ammunition manufacturers are the factors expected to obstruct the ammunition market growth. The international measures such as Arms Trade Treaty (ATT) for controlling the usage of ammunition are projected to challenge the ammunition market in the forecast period of 2021-2028.
This ammunition market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on ammunition market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Ammunition Market Scope and Market Size
The ammunition market is segmented on the basis of product, component, caliber, guidance, lethality and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the ammunition market is segmented into bullets, aerial bombs, grenades, artillery shells and mortars.
- On the basis of component, the ammunition market is segmented into fuzes & primers, propellants, bases, projectiles and warheads and others.
- On the basis of caliber, the ammunition market is segmented into small, medium, large and others.
- On the basis of guidance, the ammunition market is segmented into non-guided and guided.
- On the basis of lethality, the ammunition market is segmented into lethal and less-lethal.
- On the basis of application, the ammunition market is segmented into defense and civil & commercial.
Global Ammunition Market Country Level Analysis
The ammunition market is analyzed and market size, volume information is provided by country, product, component, caliber, guidance, lethality and application as referenced above.
The countries covered in the global ammunition market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the ammunition market due to the growing terrorist activities, high number of sports and hunting activities, rise in military expenditure, development of technologies and new concepts of warfare and lenient gun laws. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the rising geopolitical disputes, increase in the spending for the modernization of their armed forces, the acquirement of ammunition for the armed forces and law enforcement agencies in order to decline crime rate and increasing threat of terrorist attacks in the region.
The country section of the ammunition market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Ammunition Market Share Analysis
The ammunition market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ammunition market.
The major players covered in the ammunition market report are AMMO Inc, Arsenal 2000 JSCo, BAE Systems, CBC Global Ammunition, Denel SOC Ltd, Chemring Group PLC, Elbit Systems Ltd., FIOCCHI MUNIZIONI SPA, General Dynamics Corporation, Hanwha Group, Herstal SA, Hornady, EXPAL Systems, Nammo AS, Nexter group KNDS, Norinco Private Limited, Northrop Grumman, Olin Corporation, Poongsan Corporation, RUAG Group, REMINGTON OUTDOOR COMPANY, Rheinmetall AG, Rosoboronexport among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Ammunition Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.