The global ammunition market size was estimated at USD 20.40 billion in 2019 and is expected to exhibit a CAGR of 3% from 2021 to 2027.
Increased hostilities and terrorist activity are expected to increase demand as the procurement of defense equipment by armies around the world surges. Small caliber ammunition is emerging as one of the fastest moving sectors as the demand for light sports shooting activities using pistols and rifles increases. In addition, technological advances such as the development of lightweight bullets using polymer casings are expected to further contribute to growth.
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The major companies include:
- Poongsan Defense
- IMI (Israel Military Industries)
- General Dynamics
- Day & Zimmermann
- Rheinmetall Defence
- Leonardo
- Bazalt
- Zavod Plastmass
- National Presto
- China North Industries Corp (NORINCO)
- CSGC
Segment by Type, the Ammunition market is segmented into
- Small Caliber Ammunition
- Medium Caliber Ammunition
- Large Caliber Ammunition
Segment by Application, the Ammunition market is segmented into
- Military
- Law Enforcement
- Civilian
A full report of Global Ammunition Market is available at: https://www.orionmarketreports.com/ammunition-market/43253/
Scope of the Report
The research study analyzes the global Ammunition industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Ammunition Market Report
1. What was the Ammunition Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Ammunition Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Ammunition Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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