Press release
Ammunition Market Size, Share, Development by 2023
Ammunition is the material fired, scattered, dropped or detonated from any weapon. Ammunition is both expendable weapons (e.g., bombs, missiles, grenades, land mines) and the component parts of other weapons that create the effect on a target (e.g., bullets and warheads). Nearly all mechanical weapons require some form of ammunition to operate.
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Global Ammunition Market: Forecast by Type / Application / Region
USA and Europe are the mainly consumption regions due to the bigger demand of downstream applications. In 2016, these two regions occupied 47.88% of the global consumption volume in total.
Ammunition has three types, which include small caliber ammunition, medium caliber ammunition and large caliber ammunition. And each type has application industries relatively. With increasing demand of defence and military, the downstream application industries will need more ammunition. So, ammunition has a huge market potential in the future.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents increasing trend according to the economy development status and international competition. Also, there is fluctuation in gross margin.
Over the next five years, LPI(LP Information) projects that Ammunition will register a 3.9% CAGR in terms of revenue, reach US$ 12100 million by 2023, from US$ 9590 million in 2017.
Global Ammunition Market: Key Players
Orbital Atk
Vista Outdoors
Rosoboronexport
Olin Corporation (Winchester Ammunition)
Ruag Group (Ruag Ammotec AG)
FN Herstal
Nammo
Nexter
BAE Systems
Poongsan Defense
IMI (Israel Military Industries)
General Dynamics
Day & Zimmermann
Rheinmetall Defence
Finmeccanica
Bazalt
Zavod Plastmass
National Presto
China North Industries Corp (NORINCO)
CSGC
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Related Information:
United States Ammunition Market Research Report 2018
Europe Ammunition Market Research Report 2018
North America Ammunition Market Research Report 2018
Asia-Pacific Ammunition Market Research Report 2018
China Ammunition Market Research Report 2018
EMEA Ammunition Market Research Report 2018
Global Ammunition Market Research Report 2018
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