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.
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The report offers a thorough examination of the competitive landscape of the industry with regards to company profiles, product portfolio, manufacturing and production capacity, gross profit margins, revenue generation, financial standing, and global market position. It provides data about the key technological advancements, product developments, and strategic business decisions such as mergers & acquisitions, product launches, joint ventures, collaborations, partnerships, and business expansion plans companies are adopting right now. The report also provides an analysis of the driving and restraining factors influencing the growth of the market.
Prominent Players Analyzed in the Report:
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.
Further key findings from the report suggest
- In November 2019, Nammo declared an acquisition of the Chemring Ordnance which is a subsidiary company of Chemring Group, would help Nammo strengthen its manufacturing capabilities in the United States.
- The polymer sub-segment is growing with the fastest CAGR of 6.3% owing to its higher efficiency in the manufacturing with 3D printing techniques and reduction in the overall costing with higher applicability in the sports and hunting purposes.
- The regions in the Asia Pacific lead by China, India, Pakistan, and South & North Korea are allotting a considerable budget for their defense & law enforcement grooming purposes. Besides, growing incidences of interpersonal stand-offs, asymmetric warfare, terrorist activities, domestic violence, along with higher economic development and enhancement in the manufacturing industry, deliberately help propel market enforcement.
Market Segmentation:
The report categorizes the market into different key segments based on types and applications, along with key regional segmentation. The report offers insights into the segment expected to garner traction during the forecast period, and the region expected to dominate the market in the coming years.
- 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
- 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
- Small
The research study also offers insights into various regulatory frameworks and evaluates the growth of the industry in each key region of the world. The report also provides an assessment of the micro and macro-economic factors influencing the growth of the market in the mentioned regions. The global Ammunition market is segmented into the following based on the key regions of the world:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Benefits of the Global Ammunition Market Report:
- Comprehensive analysis of the changing competitive landscape
- Assists in decision making processes for the businesses along with detailed strategic planning methodologies
- The report offers an 8-year forecast estimation and assessment of the Global Ammunition Market
- Helps in understanding the key product segments and their estimated growth rate
- In-depth analysis of market drivers, restraints, trends, and opportunities
- Comprehensive regional analysis of the Global Ammunition Market
- Extensive profiling of the key stakeholders of the business sphere
- Detailed analysis of the factors influencing the growth of the Global Ammunition Market
Table Of Content:
Chapter 1. Methodology & Sources
1.1. 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. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Ammunition Market Segmentation & Impact Analysis
4.1. Ammunition Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing emphasize on the self-defense
4.2.2.2. Asymmetric warfare and interpersonal relationships among countries
4.2.2.3. Increasing terrorism & domestic violence
4.2.3. Market restraints analysis
4.2.3.1. Regulatory hurdles & higher cost associated to it
4.2.3.2. Inefficient research methodologies
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
READ MORE…!
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