Global Ammunition Market is valued approximately USD 25 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 3.73% over the forecast period 2019-2026. Ammunition is the material fired, dropped, scattered and detonated from any type of weapon. These are shot to create a drastic effect on the target and are both expendable weapons and the component parts of other weapons. The increasing instances of cross-border conflicts has led the adoption of Ammunition across the forecast period. Geopolitical tensions, territorial conflicts and acts of terrorism across the globe have increased the demand for ammunition for artillery storage for warfare. Also, public safety services and law enforcement agencies frequently encounter hostile situation where they are forced to use firearms this is expected to fuel the demand for Ammunitions.
The regional analysis of global Ammunition market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to rising number of terrorist attacks in the Asian region and increasing spending of emerging economies of the region on defense operations. Also, the major countries in the region like China and India have increased defense budgets and supporting the production of advanced ammunition for military. Further, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026.
Major market player included in this report are:
Northrop Grumman (Orbital ATK Inc.) (US)
General Dynamics Corporation (US)
Olin Corporation (US)
BAE Systems (UK)
Nammo AS (Norway)
RUAG (RUAG Ammotec) (Switzerland)
Nexter (France)
Vista Outdoor Inc. (US)
Rheinmetall AG (Germany)
Federal Premium Ammunition
Hornady Manufacturing
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Defence
Military
Homeland Security
Civil & Commercial
Sporting
Hunting
Self-defence
Others
By Calibre:
Small
5.56mm
7.62mm
12.7mm
14.5mm
Medium
20mm
25mm
30mm
40mm
Large
60mm
81mm
120mm
122mm
155mm
Others
Others
By Product:
Bullets
Aerial Bombs
Grenades
Artillery Shells
Mortars
Others
By Component:
Fuze & Primer
Propellant
Base
Projectile and Warhead
Others
By Guidance:
Guided
Non-guided
By Lethality:
Lethal
Less- lethal
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Ammunition Market in Market Study:
Summary: Get latest Market Research Reports on Ammunition . Industry analysis & Market Report on Ammunition is a syndicated market report, published as Global Ammunition Market Size study, by Application (Defense, Civil & Commercial), by Caliber (Small, Medium, Large, Others), by Product (Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars), by Component (Fuze & Primer, Propellant Base, Projectile & Warhead), by Guidance(Guided, Non-Guided), by Lethality(Lethal, Less-Lethal) and Regional Forecasts 2019-2026. It is complete Research Study and Industry Analysis of Ammunition market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.