The Global 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.
The report also studies the impact of the COVID-19 pandemic on the Ammunition market and offers insight into market status and global outlook. The report presents an extensive analysis of pandemic on the key segments of the market and the market dynamics. It assesses the changes in the global supply chain and manufacturing processes of the industry. The report provides a current and future assessment of the impact of the pandemic on the market.
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The latest research report offers key insights into the strengths and weaknesses of the prominent players using SWOT and Porter’s Five Forces analyses. Market segmentation based on product type, application spectrum, and key regions has been included in the report. The investigative study accurately estimates the market size, market share, and revenue generation over the projected timeframe. The key players profiled in the report are 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.
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)
End Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Caliber Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
.338 Lapua Magnum
.338 Norma Magnum
Technology Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Lethality Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Component Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Projectiles and Warheads
Materials Used Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
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Some Key Highlights from the Report
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.
Key points covered in the report:
A detailed outlook of the market with essential data beneficial for business
Market segmentation based on product types, applications, and end-users. For further understanding, the key segments are further divided into sub-segments
Growth factors, driving and restraining factors, product trends, and technological advancements are extensively discussed
Latest product developments, incorporation of new techniques and profiles of major competitors
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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