Global Ammunition Market Analysis 2021

Global Ammunition Market Analysis 2021

The Global Ammunition Market is expected to reach $31.04 billion by 2027 growing at a CAGR of 5.6% from 2020 to 2027. Ammunition refers to, scattered, material fired or detonated from component or expendable part of the weapon. It is generally used in landmines, bombs, small arms, grenades, and other types of guns. Ammunition comprises a missile (leaves the weapon), primer (ignites the propellant), and a propellant or explosive (push the projectile towards the target). Ammunition comes in different types, sizes & materials and is used specially for explicit armament.

Factors such as modernization programs undertaken by military forces in major economies and the rise in drug trafficking globally are driving the growth of the market. However, varying economic, legal and political regulations are restraining the growth of the market.

Based on the caliber, the small caliber segment is going to have lucrative growth during the forecast period. The growth of this segment can be attributed to the increased use of small caliber ammunition by military and homeland security personnel, due to less lethality of this ammunition. Additionally, open online marketplaces for small arms and ammunition and enlarged procurement of small caliber ammunition by the defense and homeland security sectors to limit growing occurrences of armed battles are also contributing to the growth of this segment.

The key vendors mentioned are BAE Systems, Bazalt, China North Industries Corp (NORINCO), CSGC, Day and Zimmermann, FN Herstal, General Dynamics, IMI (Israel Military Industries), Leonardo, Nammo, National Presto, Nexter, Northrop Grumman Corporation, Olin Corporation (Winchester Ammunition), Poongsan Defense, Rheinmetall Defence, Rosoboronexport, Ruag Group (Ruag Ammotec AG)Vista Outdoors and Zavod Plastmass.

Types Covered:
• Full Metal Jacket Ammunition (FMJ)
• Tracer Ammunition
• Incendiary Ammunition
• Armor Piercing Ammunition
• Artillery Ammunition
• Mortar Ammunition
• Rockets & Missiles
• Shotgun Shells

Calibers Covered:
• Small Caliber Ammunition
• Medium Caliber Ammunition
• Large Caliber Ammunition

Components Covered:
• Fuzes & Primers
• Propellants
• Gun Powder
• Projectiles and Warheads
• Cases

Materials Covered:
• Steel
• Aluminum
• Polymer

Guidances Covered:
• Guided
• Non-Guided

Lethalitys Covered:
• Less-Lethal
• Lethal

Products Covered:
• Aerial Bombs
• Artillery Shells
• Bullets
• Centerfire
• Grenades
• Launchers
• Mortars
• Rimfire

Applications Covered:
• Defense
• Military
• Civil & Commercial
• Law Enforcement
• Self-Defense
• Commercial

Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Key Questions Answered in this Report:
• How this market evolved since the year 2019
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period