Global Ammunition Market Size, Share & Trends Analysis Report by Product Type (Small Caliber, Medium Caliber, and Large Caliber), by Application (Non-Lethal and Lethal), and by End-User (Civilian and Military) Forecast, 2021-2027
The global ammunition market is projected to grow at a CAGR of 3.2% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the rising terrorists and hostilities across the globe. According to the Our World in Data in 2018, around 21,000 casualties happen every year due to terrorism, globally. Moreover, over the past five years, terrorist attacks were increased by 320.0% in North America, Western Europe, and Oceania. In response to the increasing terrorist attacks, the military organizations are expanding their artillery reserves to deal with the conflicts with the neighboring nations; which is likely to create a substantial scope for the market growth during the forecast period.
The global ammunition market is segmented on the basis of product type, application, and end-user. Based on the product type, the market is segmented as small caliber, medium caliber, and large caliber. The large caliber segment of the market is projected to hold the most substantial share in the market during the forecast period. Based on the application, the market is segmented as non-lethal and lethal. The lethal segment of the market is projected to hold the most substantial share in the market during the forecast period. While, based on the end-user, the market is segmented as civilian and military. The military segment of the market is projected to hold the most substantial share in the market during the forecast period.
Geographically, the global ammunition market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The North American region is projected to hold a significant market share. The US and Canada are the major economies primarily contributing to the growth of the ammunition market in the region. Further, BAE Systems Plc, General Dynamics Corp., Nammo A/S, Nexter Group, Northrop Grumman Corp., Remington Arms Co., Rheinmetall AG, Sierra Bullets, and Vista Outdoor Inc. among others are some of the prominent players functioning in the global ammunition market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
The market study of the global Ammunition market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
- Global Ammunition Market Research and Analysis by Product Type
- Global Ammunition Market Research and Analysis by Application
- Global Ammunition Market Research and Analysis by End-User
The Report Covers
- Comprehensive research methodology of the global ammunition market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global ammunition market.
- Insights about market determinants which are stimulating the global ammunition market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
5.1.1. Small Caliber
5.1.2. Medium Caliber
5.1.3. Large Caliber
5.2. Global Ammunition Market by Application
5.3. Global Ammunition Market by End-User
6.2.6. Rest of Europe
6.3.5. South Korea
6.3.6. Rest of Asia-Pacific
6.4. Rest of the World
7.2. BAE Systems PLC
7.3. CBC Global Ammunition
7.4. General Dynamics Corp.
7.5. Global Ordnance
7.6. JagemanN Stamping Co.
7.8. Nammo A/S
7.9. Nexter Group
7.10. Northrop Grumman Corp.
7.11. Remington Arms Co.
7.12. Rheinmetall AG
7.13. RUAG Group
7.14. Sierra Bullets
7.15. Vista Outdoor Inc.
7.16. Winchester Ammunition (Olin Corp.)
A selection of companies mentioned in this report includes:
- Ammo, Inc.
- BAE Systems PLC
- CBC Global Ammunition
- General Dynamics Corp.
- Global Ordnance
- JagemanN Stamping Co.
- Nammo A/S
- Nexter Group
- Northrop Grumman Corp.
- Remington Arms Co.
- Rheinmetall AG
- RUAG Group
- Sierra Bullets
- Vista Outdoor Inc.
- Winchester Ammunition (Olin Corp.)