The US Arms and Ammunitions Market: Size, Trends & Forecasts (2018-2022) - Research By Markets

The report titled "The US Arms and Ammunitions Market": Size, Trends & Forecasts (2018-2022), provides an in-depth analysis of the US arms and ammunitions market by value, by export and by import.

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The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall US arms and ammunitions market has also been forecasted for the period 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The US arms and ammunition market is fragmented with number of players contributing in the revenue generation of the market. The companies in the firearms and ammunitions industry vary between small arms manufacturers to large multibillion-dollar defense contractors, with many companies serving both the civilian and military markets.

Further, key players of the US arms and ammunitions market General Dynamics Corp., Vista Outdoor Inc. and Remington Outdoor Company are also profiled with their financial information and respective business strategies.

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Company Coverage

General Dynamics Corp.
Vista Outdoor Inc.
Remington Outdoor Company

Executive Summary

Manufacturing weapons and associated technology and equipment are a part of firearms and ammunition industry. This involves research, development and production of firearms and fall under the category of commercial sector. The task of industry operators includes designing and manufacturing of small arms, bombs, ordnances, ammunitions, artillery and related parts.

A firearm is a mechanical device that uses pressure from a burning powder to force a bullet through and out of a metal tube; a weapon, especially a pistol or rifle, capable of firing a projectile and using an explosive charge as a propellant.

Modern ammunition varies depending on the type of firearm. Rifles and handguns use a cartridge containing a single bullet.

On the basis of product and services, firearms and ammunition industry can be broadly categorized into four types: small arms and machine guns, small arms ammunition, other ammunition and ordnance & accessories.

On the basis of major end-users of the firearm and ammunition include export, military, and civilians and law enforcement.

Standard Industrial Classification (SIC) Codes are the numerical codes, assigned by the US government to business establishments. These are four digit codes, which are used to identify the primary business of the establishment (company).

The US Arms and Ammunitions market has increased at a significant CAGR during the years 2015-2017 and projections are made that the market would rise in the next four years i.e. 2018-2022 tremendously. The US arms and ammunitions market is expected to increase due to increasing investments in industry and increasing exports of arms and ammunitions, etc. Yet the market faces some challenges such as, illegal sales of weapons and firearms, etc.

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