The Ammunition Market is expected to be around US$ 31 Billion by 2028 at a CAGR of 3.65% in the given forecast period.
A surge in the number of terrorist activities and conflicts across the world is expected to raise the procurement of defense equipment by key militaries across the world, which will propel the market for ammunition during the forecast period. Moreover, the growing trends for sports and shooting which use rifles and pistols are anticipated to enhance the penetration of small-caliber ammunition in the estimated time. In addition, the technological advancements in the market have introduced lightweight bullets made from polymer-based cases, therefore are estimated to fuel the ammunition market growth. In line with this, the improvements in the military by key nations such as China, India, France, and Russia are projected to favor the ammunition market growth in the projected time span.
Ammunition refers to material unemployed, scattered or detonated from expendable or component of the weapon. It is typically utilized in bombs, landmines, grenades, small arms, and alternative sorts of guns. Ammunition consists a projectile (leaves the weapon), primer (ignites the propellant) and a propellant or explosive (push the projectile towards the target). Ammunition comes in varied sizes, type, and materials used whereas generally is specially designed for specific armament.
The global Ammunition market is segregated on the basis of Application as Defense and Civil & Commercial. Based on Caliber the global Ammunition market is segmented in Small, Medium, Large, and Others. Based on Product the global Ammunition market is segmented in Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars, and Others.
Based on Component, the global Ammunition market is segmented in Fuze & Primer, Propellant, Base, Projectile and Warhead, and Others. The report also bifurcates the global Ammunition market based on Guidance in Guided and Non-guided. The report also bifurcates the global Ammunition the global Lethality market is segmented in Lethal and Less-lethal.
The global Ammunition market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Ammunition market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Northrop Grumman (Orbital ATK Inc.), Olin Corporation, General Dynamics Corporation, Nammo as, BAE Systems, RUAG (RUAG Ammotec), Denel SOC Ltd., Poongsan Corporation, Vista Outdoor Inc., Rosoboronexport, and others are among the major players in the global Ammunition market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Ammunition Market has been segmented as below:
Ammunition Market, By Application
Ammunition Market, By Caliber
Ammunition Market, By Product
Ammunition Market, By Component
Ammunition Market, By Guidance
Ammunition Market, By Lethality
Ammunition Market, By Region
Ammunition Market, By Company
The report covers:
Report Scope:
The global Ammunition market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Ammunition market share. Major industry players with significant revenue share include Northrop Grumman (Orbital ATK Inc.), Olin Corporation, General Dynamics Corporation, Nammo as, BAE Systems, RUAG (RUAG Ammotec), Denel SOC Ltd., Poongsan Corporation, Vista Outdoor Inc., Rosoboronexport, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Ammunition Market, By Application
5.1 Introduction
5.2 Defense
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Civil & Commercial
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6. Ammunition Market, By Caliber
6.1 Introduction
6.2 Small
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Medium
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Large
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Others
6.5.1 Market Overview
6.5.2 Market Size and Forecast
7. Ammunition Market, By Product
7.1 Introduction
7.2 Bullets
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Aerial Bombs
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Grenades
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Artillery Shells
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Mortars
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Others
7.7.1 Market Overview
7.7.2 Market Size and Forecast
8. Ammunition Market, By Component
8.1 Introduction
8.2 Fuze & Primer
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Propellant
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Base
8.4.1 Market Overview
8.4.2 Market Size and Forecast
8.5 Projectile and Warhead
8.5.1 Market Overview
8.5.2 Market Size and Forecast
8.6 Others
8.6.1 Market Overview
8.6.2 Market Size and Forecast
9. Ammunition Market, By Guidance
9.1 Introduction
9.2 Guided
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 Non-guided
9.3.1 Market Overview
9.3.2 Market Size and Forecast
10. Ammunition Market, By Lethality
10.1 Introduction
10.2 Lethal
10.2.1 Market Overview
10.2.2 Market Size and Forecast
10.3 Less-lethal
10.3.1 Market Overview
10.3.2 Market Size and Forecast
11. Ammunition Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 North America Ammunition, By Application
11.2.2 North America Ammunition, By Caliber
11.2.3 North America Ammunition, By Product
11.2.4 North America Ammunition, By Component
11.2.5 North America Ammunition, By Guidance
11.2.6 North America Ammunition, By Lethality
11.3 Europe
11.3.1 Europe Ammunition, By Application
11.3.2 Europe Ammunition, By Caliber
11.3.3 Europe Ammunition, By Product
11.3.4 Europe Ammunition, By Component
11.3.5 Europe Ammunition, By Guidance
11.3.6 Europe Ammunition, By Lethality
11.4 Asia-Pacific
11.4.1 Asia-Pacific Ammunition, By Application
11.4.2 Asia-Pacific Ammunition, By Caliber
11.4.3 Asia-Pacific Ammunition, By Product
11.4.4 Asia-Pacific Ammunition, By Component
11.4.5 Asia-Pacific Ammunition, By Guidance
11.4.6 Asia-Pacific Ammunition, By Lethality
11.5 Rest of the World
11.5.1 Rest of the World Ammunition, By Application
11.5.2 Rest of the World Ammunition, By Caliber
11.5.3 Rest of the World Ammunition, By Product
11.5.4 Rest of the World Ammunition, By Component
11.5.5 Rest of the World Ammunition, By Guidance
11.5.6 Rest of the World Ammunition, By Lethality
12. Competitive Insights
12.1 Key Insights
12.2 Company Market Share Analysis
12.3 Strategic Outlook
12.3.1 Mergers & Acquisitions
12.3.2 New Product Development
12.3.3 Portfolio/Production Capacity Expansions
12.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
12.3.5 Others
13. Company Profiles
13.1 Northrop Grumman (Orbital ATK Inc.)
13.1.1 Company Overview
13.1.2 Product/Service Landscape
13.1.3 Financial Overview
13.1.4 Recent Developments
13.2 Olin Corporation
13.2.1 Company Overview
13.2.2 Product/Service Landscape
13.2.3 Financial Overview
13.2.4 Recent Developments
13.3 General Dynamics Corporation
13.3.1 Company Overview
13.3.2 Product/Service Landscape
13.3.3 Financial Overview
13.3.4 Recent Developments
13.4 Nammo as
13.4.1 Company Overview
13.4.2 Product/Service Landscape
13.4.3 Financial Overview
13.4.4 Recent Developments
13.5 BAE Systems
13.5.1 Company Overview
13.5.2 Product/Service Landscape
13.5.3 Financial Overview
13.5.4 Recent Developments
13.6 RUAG (RUAG Ammotec)
13.6.1 Company Overview
13.6.2 Product/Service Landscape
13.6.3 Financial Overview
13.6.4 Recent Developments
13.7 Denel SOC Ltd.
13.7.1 Company Overview
13.7.2 Product/Service Landscape
13.7.3 Financial Overview
13.7.4 Recent Developments
13.8 Poongsan Corporation
13.8.1 Company Overview
13.8.2 Product/Service Landscape
13.8.3 Financial Overview
13.8.4 Recent Developments
13.9 Vista Outdoor Inc.
13.9.1 Company Overview
13.9.2 Product/Service Landscape
13.9.3 Financial Overview
13.9.4 Recent Developments
13.10 Rosoboronexport
13.10.1 Company Overview
13.10.2 Product/Service Landscape
13.10.3 Financial Overview
13.10.4 Recent Developments
The Ammunition Market has been segmented as below:
Ammunition Market, By Application
Ammunition Market, By Caliber
Ammunition Market, By Product
Ammunition Market, By Component
Ammunition Market, By Guidance
Ammunition Market, By Lethality
Ammunition Market, By Region
Ammunition Market, By Company
