The global ammunition market is expected to grow from USD 21.14 billion in 2020 to USD 28.49 billion by 2028, at a CAGR of 3.8% during the forecast period 2021-2028.
The material fired, scattered, dropped or detonated from any weapon is ammunition.It is referred to as expendable componentswhich can be used asadditional parts of the guns. The size of the ammunition is denoted in unit called caliber, which is measured by the diameter of the projectile,. It comes in different types and sizes, which are designed to be used in specific systems.Ammunition is used for projecting a force at the selected target in order to provide an effect. A whole round of ammunition consists of the necessary components which are required for firing. There are various international standards that are recognized globally for the use of ammunition by multiple end-users. The increasing disputes across borders will be driving the growth of the ammunition market during the forecast period. Also, the rising participation of private industries will further contribute to increasing sales.
This study delivers a comprehensive analysis of the product, caliber, lethality, application, and regions. The product segment includes aerial bombs, bullets, artillery shells, grenades, mortars and others. The bullets segment held the majority of the market shares in 2020. Bullets are commonly used ammunitions in weapons. The bullets are comparatively cheaper than the other product types and are even used vastly in commercial applications. The caliber segment includes small caliber, medium caliber, large caliber and others. Further, the small caliber segment includes 5.56mm, 7.62mm, 12.7mm, 9mm and others. The medium caliber segment includes 20mm, 23mm, 25mm, 30mm and others. The large-caliber segment further consists of 60mm, 80mm, 120mm and others. Out of these, the small caliber segment held dominating shares in 2020. The small caliber ammunition is used for various weapons such as revolvers, rifles, shotguns, assault rifles, pistols, etc. It is increasingly used by homeland security forces and militaries. The lethality segment includes less-lethal and lethal. Among the two, the less-lethal segment accounts for the majority of the market shares. Traditionally, less-lethal ammunition was used to avoid the escalation of disputes and conflicts. Lethal ammunition is used only in high-end applications such as defense, whereas the less-lethal ammunition is used in the majority in combat and administrative applications. The application segment includes defense and civil & commercial. The defense segment further includes military and homeland forces. The commercial and civil segment further includes self-defense, hunting, sports and others. Among the two, defense application is dominant in terms of market shares. The reason can be attributed to the rise in border disputes and the strengthening of the regional force.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America dominates the market in terms of shares. The advance technological base and availability of a large number of funds by regional governments has led to an increase in demand for ammunition in defense and civil applications.
Some of the notable players in the ammunition market are General Dynamics Corporation, S.T. Engineering, CBC Global Ammunition, Nexter KNDS group, Nammo AS, Olin Corporation, Northrop Grumman Corporation, Ruag Ammotec, Thales Group, Elbit Systems, BAE Systems, Rheinmetall AG, among others.
This study forecasts revenue growth at global, regional, and country levels from 2021 to 2028. Fior Markets has segmented the market based on the below-mentioned segments:
Global Ammunition Market Analysis And Forecast, By Product Type
Global Ammunition Market Analysis And Forecast, By Caliber
Global Ammunition Market Analysis And Forecast, By Lethality
Global Ammunition Market Analysis And Forecast, By Application
Global Ammunition Market Analysis And Forecast, By Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Product
4.3.2. Market Attractiveness Analysis By Caliber
4.3.3. Market Attractiveness Analysis By Lethality
4.3.4. Market Attractiveness Analysis By Application
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing security concerns
5.2.2. Increasing technological developments
5.3. Restraints
5.3.1. Different political and economic frameworks in various regions
5.4. Opportunities
5.4.1. Increasing defense budget
5.4.2. Favourable government initiatives
6. Global AmmunitionMarket Analysis and Forecast, By Product
6.1. Segment Overview
6.2. Aerial Bombs
6.3. Bullets
6.4. Artillery Shells
6.5. Grenades
6.6. Mortars
6.7. Others
7. Global Ammunition Market Analysis and Forecast, By Caliber
7.1. Segment Overview
7.2. Small Caliber
7.2.1. 5.56mm
7.2.2. 7.62mm
7.2.3. 12.7mm
7.2.4. 9mm
7.2.5. Others
7.3. Medium Caliber
7.3.1. 20mm
7.3.2. 23mm
7.3.3. 25mm
7.3.4. 30mm
7.3.5. Others
7.4. Large Caliber
7.4.1. 60mm
7.4.2. 80mm
7.4.3. 120mm
7.4.4. Others
7.5. Others
8. Global Ammunition Market Analysis and Forecast, By Lethality
8.1. Segment Overview
8.2. Less-Lethal
8.3. Lethal
9. Global AmmunitionMarket Analysis and Forecast, By Application
9.1. Segment Overview
9.2. Defense
9.2.1. Military
9.2.2. Homeland Forces
9.3. Commercial
9.3.1. Self Defense
9.3.2. Hunting
9.3.3. Sports
9.3.4. Others
10. Global Ammunition Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Ammunition Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Ammunition Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. General Dynamics Corporation
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. ST Engineering
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. CBC Global Ammunition
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Nexter KNDS group
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Nammo AS
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Olin Corporation
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Northrop Grumman Corporation
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. RuagAmmotec
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Thales Group
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. Elbit Systems
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
12.11. BAE Systems
12.11.1. Business Overview
12.11.2. Company Snapshot
12.11.3. Company Market Share Analysis
12.11.4. Company Product Portfolio
12.11.5. Recent Developments
12.11.6. SWOT Analysis
12.12. Rheinmetal AG
12.12.1. Business Overview
12.12.2. Company Snapshot
12.12.3. Company Market Share Analysis
12.12.4. Company Product Portfolio
12.12.5. Recent Developments
12.12.6. SWOT Analysis
List of Table
1. Global Ammunition Market, By Product, 2020-2028 (USD Billion) (Units)
2. GlobalAerial Bombs, Ammunition Market, By Region, 2020-2028 (USD Billion) (Units)
3. Global Bullets, Ammunition Market, By Region, 2020-2028 (USD Billion) (Units)
4. Global Artillery Shells, Ammunition Market, By Region, 2020-2028 (USD Billion) (Units)
5. Global Grenades, Ammunition Market, By Region, 2020-2028 (USD Billion) (Units)
6. Global Mortars and Others, Ammunition Market, By Region, 2020-2028 (USD Billion) (Units)
7. Global Others, Ammunition Market, By Region, 2020-2028 (USD Billion) (Units)
8. Global AmmunitionMarket, By Caliber, 2020-2028(USD Billion)(Units)
9. Global SmallCaliber, Ammunition Market, By Region, 2020-2028(USD Billion) (Units)
10. GlobalMedium Caliber, AmmunitionMarket, By Region, 2020-2028(USD Billion) (Units)
11. Global LargeCaliber, Ammunition Market, By Region, 2020-2028 (USD Billion) (Units)
12. Global Others, Ammunition Market, By Region, 2020-2028 (USD Billion) (Units)
13. Global Ammunition Market, By Lethality, 2020-2028 (USD Billion) (Units)
14. GlobalLess-Lethal, Ammunition Market, By Region, 2020-2028(USD Billion) (Units)
15. GlobalLethal, Ammunition Market, By Region, 2020-2028(USD Billion) (Units)
16. Global Ammunition Market, By Application, 2020-2028 (USD Billion) (Units)
17. GlobalDefense, Ammunition Market, By Region, 2020-2028(USD Billion) (Units)
18. GlobalCommercial, Ammunition Market, By Region, 2020-2028(USD Billion) (Units)
19. North America AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
20. North America Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
21. North America Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
22. North America Ammunition Market, By Application2020-2028(USD Billion) (Units)
23. U.S. AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
24. U.S. Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
25. U.S. Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
26. U.S. Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
27. Canada AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
28. Canada Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
29. Canada Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
30. Canada Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
31. Mexico AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
32. Mexico Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
33. Mexico Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
34. Mexico Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
35. Europe AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
36. Europe Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
37. Europe Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
38. Europe Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
39. Germany AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
40. Germany Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
41. Germany Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
42. Germany Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
43. France AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
44. France Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
45. France Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
46. France Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
47. U.K. AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
48. U.K. Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
49. U.K. Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
50. U.K. Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
51. Italy AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
52. Italy Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
53. Italy Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
54. Italy Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
55. Spain AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
56. Spain Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
57. Spain Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
58. Spain Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
59. Asia Pacific AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
60. Asia Pacific Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
61. Asia Pacific Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
62. Asia Pacific Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
63. Japan Ammunition Market, By Product, 2020-2028(USD Billion) (Units)
64. Japan Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
65. JapanAmmunition Market, By Lethality, 2020-2028(USD Billion) (Units)
66. JapanAmmunition Market, By Application, 2020-2028(USD Billion) (Units)
67. China AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
68. China Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
69. China Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
70. China Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
71. India AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
72. India Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
73. India Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
74. India Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
75. South America AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
76. South America Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
77. South America Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
78. South America Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
79. Brazil AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
80. Brazil Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
81. Brazil Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
82. Brazil Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
83. Middle East and Africa AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
84. Middle East and Africa Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
85. Middle East and Africa Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
86. Middle East and Africa Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
87. UAE AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
88. UAE Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
89. UAE Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
90. UAE Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
91. South Africa AmmunitionMarket, By Product, 2020-2028(USD Billion) (Units)
92. South Africa Ammunition Market, By Caliber, 2020-2028(USD Billion) (Units)
93. South Africa Ammunition Market, By Lethality, 2020-2028(USD Billion) (Units)
94. South Africa Ammunition Market, By Application, 2020-2028(USD Billion) (Units)
List of Figures
1. Global Ammunition Market Segmentation
2. Global Ammunition Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Ammunition Market Attractiveness Analysis By Product
9. Global Ammunition Market Attractiveness Analysis By Caliber
10. Global Ammunition Market Attractiveness Analysis By Lethality
11. Global Ammunition Market Attractiveness Analysis By Application
12. Global Ammunition Market Attractiveness Analysis By Region
13. Global Ammunition Market: Dynamics
14. Global Ammunition Market Share by Product(2021 & 2028)
15. Global Ammunition Market Share by Caliber (2021 & 2028)
16. Global Ammunition Market Share by Lethality (2021 & 2028)
17. Global Ammunition Market Share by Application (2021 & 2028)
18. Global AmmunitionMarket Share by Regions (2021 & 2028)
19. Global Ammunition Market Share by Company (2020)
Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.
Market research is valuable because of the following reasons:
Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.
Our market research process involves with the four specific stages.
Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:
Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:
Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.
This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.
Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.
Free Customization
Countries can be added on demand
Free yearly update on purchase of Multi/Corporate User License
Companies served till date
We serve our customers 24x7 for 365 days through calls, emails and live chat options.
Huge database of exceptional market reports bringing market intelligence to your fingertips.
SSL enabled, we offer you various secured payment options for risk free purchase.