Ammunition Market, By Product Type (Non-Cartridge Based, and Cartridge Based), By Caliber (Artillery Ammunition, Mortar Ammunition, Large Caliber Ammunition, Medium Caliber Ammunition, and Small Caliber Ammunition), By Application (Civil, and Defense), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2034

Report Code: PMI101119 | Publish Date: April 2024 | No. of Pages: 178

Global Ammunition Market By Product Overview

Introduction

Ammunition is the material that is fired, scattered, dropped or detonated from any weapon. Ammunition is of various type such as bullets, bombs, land mines, missile, grenades, etc. Ammunition can be both expandable weapon such as bomb, missiles, grenades and the component parts of other weapons that create the effect on a target such as bullet. Ammunition comes in a great range of size and types that aids in hitting the target.

The major factor driving growth of the ammunition market is Increasing military budget in developed and developing countries. Rising geopolitical conflicts and growing terrorism activities are the other important factors anticipated to aid in growth of the target market. Increasing demand of new and more efficient ammunitions due to political unrest and regional conflicts compelling countries for well-equipped and advanced defense system are some other factors propelling growth of target market.  Modernization of defense sector in emerging economies also expected to contribute to growth of the target market. The demand of ammunition is high due to rising adoption of small caliber guns for self-protection and growing participation in shooting sports, which in turn drive growth of the target market. However, stringent government rules against weapons such as gun, pistol and ammunition possession are the major restraint for growth of the global ammunition market. Research and development activities to manufacture advanced and lightweight ammunitions and introduction of upgraded high velocity cartridge, caseless ammunition and polymer case ammunition, etc. are the trends witnessed to drive growth of the target market in the near future.

Ammunition market is segmented on the basis of product type, caliber, application and region. Based on the product type, the global ammunition market is divided into non-cartridge based, and cartridge based. On the basis of caliber, the target market is divided into artillery ammunition, mortar ammunition, large caliber ammunition, medium caliber ammunition, and small caliber ammunition. On the basis of application, the global ammunition market is divided into civil, and defense. The civil application segment is further sub segmented into Self defense, law enforcement, hunting and sports.

On the basis of region, the ammunition market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounts for largest market share in terms of revenue and is expected to maintain its dominance over the forecast period. This is attributed to the increasing demand for new technological weapons and ammunition by defense and other security agencies in the region. This is also due to lack of gun control law in U.S which further propel growth of target market in the region. Asia Pacific is projected to witness the significant growth in terms of revenue share in the near future. This is due to the increasing military budget of emerging economies in the region. Middle East & Africa is expected to witness profitable growth in the target market over the forecast period, owing to the rising regional conflicts and increasing terrorism activities.

Key players operating in the ammunition market are Remington Arms Company, Inc., BAE Systems, General Dynamics Corporation, Federal Premium Ammunition, Poongsan Corporation, Ruag Ammotec, Companhia Brasileira de Cartuchos, Fiocchi Munizioni, Hornady Manufacturing Company, Inc., and Orbital ATK, Inc.

Global Ammunition Market By Product Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Product Type
      • Market Snippet, By Caliber
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Product Type, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Non-Cartridge Based
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Cartridge Based
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Market Segmentation, By Caliber , Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Artillery Ammunition
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Mortar Ammunition
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Large Caliber Ammunition
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Medium Caliber Ammunition
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Small Caliber Ammunition
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Market Segmentation, By Application , Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Civil
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Defense
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Caliber , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Caliber , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Caliber , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Caliber , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Caliber , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • Remington Arms Company, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • BAE Systems
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • General Dynamics Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Federal Premium Ammunition
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Poongsan Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ruag Ammotec
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Companhia Brasileira de Cartuchos
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Fiocchi Munizioni
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hornady Manufacturing Company, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Orbital ATK, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Ammunition Market is segmented into By Product Type, By Caliber, By Application and Region.

The Ammunition Market is driven by factors such as increasing defense budgets worldwide, geopolitical tensions, modernization of military forces, and the need for advanced and technologically sophisticated ammunition for various military applications.

Stringent regulations on arms trade and export, concerns about the environmental impact of ammunition production and usage, and the potential for accidents and misuse of ammunition, acting as restraints for the Ammunition Market globally.

North America, Europe, Asia-Pacific, and Latin America. North America, with a significant defense budget and a large number of ammunition manufacturers, is expected to dominate the Ammunition Market. Europe and Asia-Pacific are also anticipated to witness substantial growth

Key players operating in the ammunition market are Remington Arms Company, Inc., BAE Systems, General Dynamics Corporation, Federal Premium Ammunition, Poongsan Corporation, Ruag Ammotec, Companhia Brasileira de Cartuchos, Fiocchi Munizioni, Hornady Manufacturing Company, Inc., and Orbital ATK, Inc.