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 provides detailed insights into Ammunition market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Ammunition market size over the forecast period, 2020–2028. The report includes profiles of major Ammunition players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top Ammunition market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.
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Global Ammunition market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Ammunition market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Ammunition market.
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.
In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Ammunition market share contribution of these countries. In addition, Ammunition market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.
Top key vendors in Ammunition Market include are:
- 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.
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
- Small
- 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
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In terms of Ammunition market share and revenue contribution to the global Ammunition market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Ammunition market share.
The market intelligence report on the Ammunition Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.
Region wise performance of the Ammunition industry
North America Ammunition market revenue growth was relatively higher than that of other regional markets in 2020. North America Ammunition market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.
Asia Pacific Ammunition market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Ammunition market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Ammunition market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.
Europe Ammunition market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Ammunition industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Ammunition market across different regions?
- Who are the major driving forces expected to decide the fate of the Ammunition industry worldwide?
- Who are the prominent market players making a mark in the Ammunition market with their winning strategies?
- Which Ammunition industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Ammunition market?
Table of Content
Chapter 1. Methodology Sources
1.1. Ammunition Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Ammunition Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Ammunition Market Segmentation Impact Analysis
4.1. Ammunition Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Ammunition Market indicators analysis
4.2.2. Ammunition Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Ammunition Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Ammunition products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Ammunition Market Revenue Share By Manufacturers
10.2. Mergers Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….
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