The North America ammunition market size reached USD 9.28 Billion in 2024. The market is expected to grow at a CAGR of 3.76% between 2025 and 2034, reaching USD 13.42 Billion by 2034.
The defence sector boosts the North America ammunition market growth as it provides a stable source of demand for ammunition from the manufacturers, which helps them in balanced profit creation and production
Defence ensures steady demand sustaining production and returns. These agreements drive invention for specialised, ammunition, advancing innovations in materials and technology. It contributes to economic expansion by initiating jobs and strengthening related industries improving national defence through a dependable domestic ammunition supply.
In October 2023, Northrop Grumman Corporation was presented with a development contract by the U.S. Navy for their newly invented 57mm guided high explosive ammunition. The 57mm guided high explosive ammunition had the exceptional ability to manoeuvre continuously in flight towards its designated target. It was designed to counter fast-moving surface threats, drones, and swarming threats, featuring an onboard seeker to acquire moving targets and point-detonation mode for optimal engagement and defeat of the target.
Civil and commercial ammunition offers advantages in focused marketing, regulatory adherence, customized product design, market steadiness, innovation, and safety. Various consumer groups possess specific requirements, facilitating regulatory adherence, personalized product creation, enhanced market resilience, innovation stimulation, and safety protocols tailored to each sector's demands.
The defence sector boosts the North America ammunition market growth as it provides a stable source of demand for ammunition from the manufacturers, which helps them in balanced profit creation and production
Defence ensures steady demand sustaining production and returns. These agreements drive invention for specialised, ammunition, advancing innovations in materials and technology. It contributes to economic expansion by initiating jobs and strengthening related industries improving national defence through a dependable domestic ammunition supply.
In October 2023, Northrop Grumman Corporation was presented with a development contract by the U.S. Navy for their newly invented 57mm guided high explosive ammunition. The 57mm guided high explosive ammunition had the exceptional ability to manoeuvre continuously in flight towards its designated target. It was designed to counter fast-moving surface threats, drones, and swarming threats, featuring an onboard seeker to acquire moving targets and point-detonation mode for optimal engagement and defeat of the target.
Civil and commercial ammunition offers advantages in focused marketing, regulatory adherence, customized product design, market steadiness, innovation, and safety. Various consumer groups possess specific requirements, facilitating regulatory adherence, personalized product creation, enhanced market resilience, innovation stimulation, and safety protocols tailored to each sector's demands.
Market Segmentation
North America Ammunition Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Caliber:
- Small Caliber
- Medium Caliber
- Large Caliber
- Rockets and Missiles
- Others
Market Breakup by Product Type:
- Rimfire
- Centrefire
Market Breakup by Application:
- Civil and Commercial
- Defence
Market Breakup by Region:
- United States of America
- Canada
Competitive Landscape
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and the latest developments like mergers and acquisitions, investments, and technological innovation.- BAE Systems Plc
- Northrop Grumman Corp.
- Rheinmetall AG
- Sierra Bullets
- CBC Global Ammunition
- Beretta Holding S.A. (RUAG Ammotec AG)
- Nammo AS
- SIG SAUER, Inc.
- NOSLER Inc.
- Saab AB
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Ammunition Market Overview
6 North America Ammunition Market Overview
7 North America Ammunition Market by Caliber
8 North America Ammunition Market by Product Type
9 North America Ammunition Market by Application
10 North America Ammunition Market by Country
11 Market Dynamics
13 Trade Data Analysis (HS Code - 93690)
14 Competitive Landscape
Companies Mentioned
- BAE Systems Plc
- Northrop Grumman Corp.
- Rheinmetall AG
- Sierra Bullets
- CBC Global Ammunition
- Beretta Holding S.A. (RUAG Ammotec AG)
- Nammo AS
- SIG SAUER, Inc.
- NOSLER Inc.
- Saab AB
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 102 |
| Published | May 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 9.28 Billion |
| Forecasted Market Value ( USD | $ 13.42 Billion |
| Compound Annual Growth Rate | 3.7% |
| Regions Covered | North America |
| No. of Companies Mentioned | 10 |
