Global Ammunition Market

The ammunition market is forecast to grow by $5.17 billion during 2022-2027, accelerating at a CAGR of 4.29% during the forecast period. This report on the ammunition market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the prevalence of geopolitical conflicts, political tensions, and cross-border issues, an increase in ammunition procurement by armed forces or border security forces, and an increase in drug trafficking globally.

The analyst's ammunition market is segmented as below:

By Product

• Small caliber
• Medium caliber
• Large caliber

By Application

• Defense
• Civil
• Commercial

By Geographical Landscape

• North America
• APAC
• Europe
• Middle East and Africa
• South America

This study identifies the growing asymmetric warfare worldwide as one of the prime reasons driving the ammunition market growth during the next few years. Also, the reduction of the weight of ammunition and advancement in small caliber will lead to sizable demand in the market.

This report on the ammunition market covers the following areas:

• Ammunition market sizing
• Ammunition market forecast
• Ammunition market industry analysis

The analyst's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ammunition market vendors that include Adani Group, AMMO Inc., BAE Systems Plc, BERETTA HOLDING SA, CBC Global Ammunition, Denel SOC Ltd., Elbit Systems Ltd., Fabbrica dArmi Pietro Beretta S.p.A., General Dynamics Corp., Global Ordnance LLC, Hanwha Corp., Herstal SA, Industrias Tecnos S.A. de C.V., Lockheed Martin Corp., Mesko SA, Nammo AS, Nexter KNDS Group, Northrop Grumman Systems Corp., Olin Corp., Polska Grupa Zbrojeniowa SA, Poonfsan Corp., Rheinmetall AG, Singapore Technologies Engineering Ltd., Thales Group, and Vista Outdoor Inc. Also, the ammunition market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.