Global Ammunition Market Report 2024: Growth Rate, Major Segments And Regions

The global ammunition market size is expected to reach USD 27.64 billion by 2027, according to a new report by Radiant Insights, Inc.

The Indian Army is planning to increase the number of artillery and mortar platforms over the next ten years through indigenous development programs and foreign procurement thereby contributing to the demand for ammunition over the forecast period.

In addition, rising hostilities in Middle East nations are expected to supplement the regional demand.

Advancements in ammunition technologies, such as the replacement of brass-case bullets using polymer-case bullets are projected to offer notable growth opportunities to the market.

The use of polymer material is projected to reduce the weight of ammunition by 40%, while maintaining its impact, thereby making it lighter and consistent as compared to conventional bullets.

Rising warlike situations supplemented by heightening geopolitical pressures across the globe is leading to an exponential rise in stockpiling trends in the global ammunition market.

The global ammunition market is set to gain momentum from the increasing usage of 9mm cartridge as compared to the other calibers.

This information is provided by Fortune Business Insights™ in a recent report, titled, “Ammunition Market Size, Share & COVID-19 Impact Analysis; by Application (Military & Homeland Security, and Civil & Commercial) By Caliber (Small, Medium, and Large) By Product (Bullets, Aerial Bombs, Grenades, Mortars, Artillery Shells, and Others), By Component (Fuses& Primers, Gun Powder, Projectile, Cases, and Others) By Guidance (Guided, and Non-Guided) By Lethality (Lethal, and Less-Lethal) and Regional Forecast, 2020-2027.”The report further mentions that the global ammunition market size was USD 25.46 billion in 2019 is projected to reach USD 29.96 billion by 2027, exhibiting a CAGR of 1.71% during the forecast period from 2020 – 2027.The emergence of COVID-19 has brought the world to a standstill.

We understand that this health crisis has brought an unprecedented impact on businesses across industries.

Overall, almost every sector is anticipated to be impacted by the pandemic.We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics.

Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.Highlights of This Report:In-depth information regarding the growth drivers, trends, and barriers.Insights of the top companies operating in the market.Extensive analysis of all the segments present in the market, as well as their shares.Elaborate details about the competitive landscape including investments, novel product launches, mergers and acquisitions,agreements, contracts, and strategic collaborations.Drivers & Restraints-Increasing Political Unrest to Accelerate Growth Ammunitions are majorly utilized in rifles, shotguns, and handguns with a wide range of calibers.

The rising cases of mass shooting, as well as increasing terrorist activities are further resulting in the need for personal safety.

The global ammunition market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth.

With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each ammunition market player in a comprehensive way.

Further, the ammunition market report emphasizes the adoption pattern of the ammunition across various industries.Important regions covered in the ammunition market report include:North America (Canada, US)Latin America (Argentina, Mexico)Europe (NORDIC, UK)Japan and MEAAPEJ (China, India)On the back of increased participation in sports shooting, the global ammunition market is expected to grow 1.4x between 2019 and 2029.

Ammunition manufacturers are investing in product development such as light weight bullets using polymer casings which is driving mass-adoption among government agencies and consumers alike.

Rising global tensions pertaining to terrorism will garner increased traction from developing economies that wish to upgrade their defense capabilities to combat geopolitical insurgencies.

However, illegal sales of ammunition will continue to pose restraints in global ammunition trade.Key Takeaways of Ammunition Market StudyCenterfire ammunition will account for highest demand owing to its ability to withstand high pressures, facilitate re-use of casings, and enhanced safety features.Small Caliber ammunition will grow 1.5x during the forecast period as a result of high adoption from homeland security bodies and sport shooting consumers worldwide.Military and government bodies will drive a majority of growth in ammunition market as developing countries look to ensure national security and developed countries look to upgrade existing ammunition.North America holds largest market share since early adopters in this region maintain international dominance in defense systems.Rockets and missiles segment are expected to generate significant demand as North American economies such as the US take on upgradation of its nuclear capacity.You can Request an Example Copy from here - https://www.factmr.com/connectus/sample?flag=S_id=4535Small Caliber- Major Driver for Ammunition SalesSmall caliber ammunition presents lucrative growth opportunities for ammunition manufacturers.

Contemporary warfare integrates armed forces with advanced munitions to enhance their lethality and survivability on the battlefield.Report Preview: https://bisresearch.com/industry-report/military-ammunition-market.htmlGovernments across the world are splurging a significant volume of their gross domestic product (GDP) in modernizing their armed forces.

Modernizing militaries has been the prime objective for nations as it directly impacts national security.

Over the years, both developed and emerging nations are allotting a significant volume of their GDP for defense spending.

Rising defense budgets is one of the major drivers for the defense agencies to procure and modernize the military arsenal.The global slowdown that began due to the outbreak of the novel COVID-19 had a deep impact on all industries.

The governments are forced to freeze all operations that involve transport and mass gathering to counter the COVID-19 pandemic.

The restriction impacted the flow of the supply chain in all industries, and the defense industry is no exception.

The global ammunition market size is set to gain momentum from the increasing usage of 9mm cartridge as compared to the other calibers.

It is mainly occurring because of the ongoing technological advancement, as well as its ability to perform in a versatile way.This information is provided by Fortune Business Insights™ in a recent report, titled, ''Ammunition Market  Share & COVID-19 Impact Analysis; by Application (Military & Homeland Security, and Civil & Commercial) By Caliber (Small, Medium, and Large) By Product (Bullets, Aerial Bombs, Grenades, Mortars, Artillery Shells, and Others), By Component (Fuses& Primers, Gun Powder, Projectile, Cases, and Others) By Guidance (Guided, and Non-Guided) By Lethality (Lethal, and Less-Lethal) and Regional Forecast, 2020-2027.” The report further mentions that the global market size was USD 25.46 billion in 2019 is projected to reach USD 29.96 billion by 2027, exhibiting a CAGR of 1.71% during the forecast period from 2020 – 2027.

Overall, almost every sector is anticipated to be impacted by the pandemic.We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics.

They are as follows:BAE Systems (United Kingdom)CBC Global Ammunition (Brazil)Denel SOC Ltd (South Africa)General Dynamics Corporation (United States)Nammo AS (Norway)Nexter group KNDS (France)Northrop Grumman Corporation (United States)Olin Corporation (United States)Poongsan Corporation (South Korea)RAUG Group (Switzerland)Thales Group (France)Vista Outdoor, Inc. (United States) Study Period: 2016-2027 Base Year: 2019 Forecast Period: 2020-2027 Historical Period: 2016-2018 Drivers & Restraints:Increasing Political Unrest to Accelerate Growthmilitary artillery shells for sale are majorly utilized in rifles, shotguns, and handguns with a wide range of calibers.

Highlights of This Report:In-depth information regarding the growth drivers, trends, and barriers.Insights of the top companies operating in the market.Extensive analysis of all the segments present in the market, as well as their shares.Elaborate details about the competitive landscape including investments, novel product launches, mergers and acquisitions, agreements, contracts, and strategic collaborations  Segment:Military & Homeland Security Segment to Lead Stoked by Military Modernization InitiativesIn terms of application analysis, the market is bifurcated into military & homeland security and civil & commercial.

Additionally, an upsurge in the military upgradation program and high defense expenditure would bolster growth in this region.

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.The Global Ammunition Market Report, published by Emergen Research, offers an industry-wide assessment of the Ammunition market, which is inclusive of the most crucial factors contributing to the growth of the industry.

The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2020-2028.To get a sample copy of the Global Ammunition Market report, visit @ https://www.emergenresearch.com/request-sample/226Valuable Market Insights:The report highlights the latest trends observed in the consumption pattern of each regional segment.Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Ammunition market.The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.Global Ammunition Market Segmentation: MilitaryLaw EnforcementHuntingSportsTop competitors of the Ammunition Market profiled in the report include: 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.To learn more details about the Global Ammunition Market report, visit @ https://www.emergenresearch.com/industry-report/ammunition-marketKey Questions Answered in the Report:What is the growth rate of the Ammunition market?

What is the anticipated market valuation of Ammunition industry by 2027?What are the key growth driving and restraining factors of the Ammunition market?Who are the prominent players operating in the market?

What are the key strategies adopted by these companies?What are the key opportunities and growth prospects of the Ammunition industry over the forecast period?Which region is expected to show significant growth in the coming years?Region wise performance of the Ammunition industryNorth America Ammunition market forecast is expected to remain significantly positive in terms of revenue share between 2020 and 2028.

Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support Ammunition market growth.Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:United StatesEuropeChinaJapanSoutheast AsiaIndiaRequest customization of this report @ https://www.emergenresearch.com/request-for-customization/226Table Of ContentChapter 1.

The investigative study on the Global Ammunition recently added by Emergen Research sheds light on the current market scope as well as the emerging trends and opportunities of the market.

To provide a deeper understanding of the global market, the report offers a statistical analysis of the global and local production and consumption ratio.

The report also offers a comprehensive analysis of the competitive landscape with company profiles and product portfolios.Get a sample of the report - https://www.emergenresearch.com/request-sample/226   Primary Research ModelPost combination of the information got through optional examination; an approval interaction is started to check the numbers or figures.

Conversations with the topic specialists were directed to acquire quantitative and subjective data and approve our statistical surveying discoveries.Notwithstanding, we don't confine our essential meetings just to the business chiefs.

Our group covers the whole worth chain while confirming the information.

The latest things, which incorporate the drivers, limitations, and openings, are additionally inferred through the essential examination measure.Key Features of the Global Ammunition:·      The report offers a deep insight into the market with expert data insights from the industry experts and analysts ·      Dedicated focus on market growth and restraining factors ·      Thorough analysis of the market segments includes product types, application spectrum, technology, end-user, and other key segments ·      SWOT and Porter’s Five Forces analysis along with feasibility analysis and venture return analysis ·      Current and emerging market trends and growth prospects To read more about the report, visit - https://www.emergenresearch.com/industry-report/ammunition-market   Data TriangulationThe interaction of information triangulation technique was applied to show up at the last market appraisals to check every information point.