Press release
Ammunition Market - Industry Trends and Forecast to 2029
Ammunition Market was valued at USD 24.40 billion in 2021 and is expected to reach USD 32.88 billion by 2029, registering a CAGR of 3.80% during the forecast period of 2022-2029. Defense accounts for the largest application segment in the respective market owing to the increased cross-border conflicts worldwide. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.Market Definition
Ammunition refers to the projectiles and propelling charges that are utilized in small arms, artillery and other guns. Its size is generally stated in the terms of caliber. The caliber is the diameter of the projectile as measured in millimeters or inches such as projectiles less than 20 mm or .60 inch in diameter are classified as small-arm, whereas larger calibers are known as artillery. One firing of the gun requires a complete round of ammunition comprising of all the components necessary for one firing of the gun.
Segments Covered
Product (Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars), Component (Fuzes and Primers, Propellants, Bases, Projectiles and Warheads, Others), Caliber (Small, Medium, Large, Others), Guidance (Non-Guided, Guided), Lethality (Lethal, Less-Lethal), Application (Defense, Civil and Commercial)
Ammunition Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
• Increase in Terrorist Activities
The increase in the number of terrorist activities and hostilities globally acts as one of the major factors driving the ammunition market. Thus, the rise in the procurement of defense equipment by prominent militaries also has a positive impact on the market.
• Technological Developments
The technological developments in the ammunition such as lightweight bullets made from polymer-based cases and the rise in the penetration of small-caliber ammunition owning to the growing trend of sports that utilize rifles and pistols accelerate the ammunition market growth. The in military expenditure across countries drives the market further.
• Use by Civilians and the Homeland Security
The acquirement of small caliber ammunition by civilians and the homeland security department and rise in of sales channels such as online sales further influence the ammunition market. Modernization programs undertaken by military forces assist in the expansion of the market.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the ammunition market.
Get sample report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-ammunition-market
Countries Covered
• U.S.,
• Canada and Mexico in North America,
• Germany,
• France,
• U.K.,
• Netherlands,
• Switzerland,
• Belgium,
• Russia,
• Italy,
• Spain,
• Turkey,
• Rest of Europe in Europe,
• China,
• Japan,
• India,
• South Korea,
• Singapore,
• Australia,
• Thailand,
• Indonesia,
• Philippines,
• Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
• Saudi Arabia,
• U.A.E,
• Israel,
• Egypt,
• South Africa,
• Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Market Players Covered:
• AMMO Inc (US),
• Arsenal 2000 JSCo (Bulgaria),
• BAE Systems (UK), CBC Global Ammunition (Brazil),
• Denel SOC Ltd (South Africa),
• Chemring Group PLC (UK), Elbit Systems Ltd. (Isreal),
• FIOCCHI MUNIZIONI SPA (Italy),
• General Dynamics Corporation (US),
• Hanwha Group (South Korea),
• Herstal SA (Belgium),
• Hornady (US),
• EXPAL Systems (Spain),
• Nammo AS (Norway),
• Nexter group KNDS (France),
• Norinco Private Limited (India),
• Northrop Grumman (US),
• Olin Corporation (US),
• Poongsan Corporation (South Korea),
• RUAG Group (Switzerland),
• REMINGTON OUTDOOR COMPANY (US),
• Rheinmetall AG (Germany), and Rosoboronexport (Russia), among others
Request access for the full report: https://www.databridgemarketresearch.com/reports/global-ammunition-market
major toc of the report
1. INTRODUCTION
2. MARKET SEGMENTATION
3. EXECUTIVE SUMMARY
4. PREMIUM INSIGHTS
5. MARKET OVERVIEW
6. COMPANY OVERVIEW
Get full access of the toc report: https://www.databridgemarketresearch.com/toc/?dbmr=global-ammunition-market
browse related report:
Ammunition Market was valued at USD 24.40 billion in 2021 and is expected to reach USD 32.88 billion by 2029, registering a CAGR of 3.80% during the forecast period of 2022-2029. Defense accounts for the largest application segment in the respective market owing to the increased cross-border conflicts worldwide. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Market Definition
Ammunition refers to the projectiles and propelling charges that are utilized in small arms, artillery and other guns. Its size is generally stated in the terms of caliber. The caliber is the diameter of the projectile as measured in millimeters or inches such as projectiles less than 20 mm or .60 inch in diameter are classified as small-arm, whereas larger calibers are known as artillery. One firing of the gun requires a complete round of ammunition comprising of all the components necessary for one firing of the gun.
Segments Covered
Product (Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars), Component (Fuzes and Primers, Propellants, Bases, Projectiles and Warheads, Others), Caliber (Small, Medium, Large, Others), Guidance (Non-Guided, Guided), Lethality (Lethal, Less-Lethal), Application (Defense, Civil and Commercial)
Ammunition Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
• Increase in Terrorist Activities
The increase in the number of terrorist activities and hostilities globally acts as one of the major factors driving the ammunition market. Thus, the rise in the procurement of defense equipment by prominent militaries also has a positive impact on the market.
• Technological Developments
The technological developments in the ammunition such as lightweight bullets made from polymer-based cases and the rise in the penetration of small-caliber ammunition owning to the growing trend of sports that utilize rifles and pistols accelerate the ammunition market growth. The in military expenditure across countries drives the market further.
• Use by Civilians and the Homeland Security
The acquirement of small caliber ammunition by civilians and the homeland security department and rise in of sales channels such as online sales further influence the ammunition market. Modernization programs undertaken by military forces assist in the expansion of the market.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the ammunition market.
Get sample report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-ammunition-market
Countries Covered
• U.S.,
• Canada and Mexico in North America,
• Germany,
• France,
• U.K.,
• Netherlands,
• Switzerland,
• Belgium,
• Russia,
• Italy,
• Spain,
• Turkey,
• Rest of Europe in Europe,
• China,
• Japan,
• India,
• South Korea,
• Singapore,
• Australia,
• Thailand,
• Indonesia,
• Philippines,
• Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
• Saudi Arabia,
• U.A.E,
• Israel,
• Egypt,
• South Africa,
• Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Market Players Covered:
• AMMO Inc (US),
• Arsenal 2000 JSCo (Bulgaria),
• BAE Systems (UK), CBC Global Ammunition (Brazil),
• Denel SOC Ltd (South Africa),
• Chemring Group PLC (UK), Elbit Systems Ltd. (Isreal),
• FIOCCHI MUNIZIONI SPA (Italy),
• General Dynamics Corporation (US),
• Hanwha Group (South Korea),
• Herstal SA (Belgium),
• Hornady (US),
• EXPAL Systems (Spain),
• Nammo AS (Norway),
• Nexter group KNDS (France),
• Norinco Private Limited (India),
• Northrop Grumman (US),
• Olin Corporation (US),
• Poongsan Corporation (South Korea),
• RUAG Group (Switzerland),
• REMINGTON OUTDOOR COMPANY (US),
• Rheinmetall AG (Germany), and Rosoboronexport (Russia), among others
Request access for the full report: https://www.databridgemarketresearch.com/reports/global-ammunition-market
major toc of the report
1. INTRODUCTION
2. MARKET SEGMENTATION
3. EXECUTIVE SUMMARY
4. PREMIUM INSIGHTS
5. MARKET OVERVIEW
6. COMPANY OVERVIEW
Get full access of the toc report: https://www.databridgemarketresearch.com/toc/?dbmr=global-ammunition-market
browse related report:
Ammunition Market was valued at USD 24.40 billion in 2021 and is expected to reach USD 32.88 billion by 2029, registering a CAGR of 3.80% during the forecast period of 2022-2029. Defense accounts for the largest application segment in the respective market owing to the increased cross-border conflicts worldwide. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Market Definition
Ammunition refers to the projectiles and propelling charges that are utilized in small arms, artillery and other guns. Its size is generally stated in the terms of caliber. The caliber is the diameter of the projectile as measured in millimeters or inches such as projectiles less than 20 mm or .60 inch in diameter are classified as small-arm, whereas larger calibers are known as artillery. One firing of the gun requires a complete round of ammunition comprising of all the components necessary for one firing of the gun.
Segments Covered
Product (Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars), Component (Fuzes and Primers, Propellants, Bases, Projectiles and Warheads, Others), Caliber (Small, Medium, Large, Others), Guidance (Non-Guided, Guided), Lethality (Lethal, Less-Lethal), Application (Defense, Civil and Commercial)
Ammunition Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
• Increase in Terrorist Activities
The increase in the number of terrorist activities and hostilities globally acts as one of the major factors driving the ammunition market. Thus, the rise in the procurement of defense equipment by prominent militaries also has a positive impact on the market.
• Technological Developments
The technological developments in the ammunition such as lightweight bullets made from polymer-based cases and the rise in the penetration of small-caliber ammunition owning to the growing trend of sports that utilize rifles and pistols accelerate the ammunition market growth. The in military expenditure across countries drives the market further.
• Use by Civilians and the Homeland Security
The acquirement of small caliber ammunition by civilians and the homeland security department and rise in of sales channels such as online sales further influence the ammunition market. Modernization programs undertaken by military forces assist in the expansion of the market.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the ammunition market.
Get sample report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-ammunition-market
Countries Covered
• U.S.,
• Canada and Mexico in North America,
• Germany,
• France,
• U.K.,
• Netherlands,
• Switzerland,
• Belgium,
• Russia,
• Italy,
• Spain,
• Turkey,
• Rest of Europe in Europe,
• China,
• Japan,
• India,
• South Korea,
• Singapore,
• Australia,
• Thailand,
• Indonesia,
• Philippines,
• Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
• Saudi Arabia,
• U.A.E,
• Israel,
• Egypt,
• South Africa,
• Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Market Players Covered:
• AMMO Inc (US),
• Arsenal 2000 JSCo (Bulgaria),
• BAE Systems (UK), CBC Global Ammunition (Brazil),
• Denel SOC Ltd (South Africa),
• Chemring Group PLC (UK), Elbit Systems Ltd. (Isreal),
• FIOCCHI MUNIZIONI SPA (Italy),
• General Dynamics Corporation (US),
• Hanwha Group (South Korea),
• Herstal SA (Belgium),
• Hornady (US),
• EXPAL Systems (Spain),
• Nammo AS (Norway),
• Nexter group KNDS (France),
• Norinco Private Limited (India),
• Northrop Grumman (US),
• Olin Corporation (US),
• Poongsan Corporation (South Korea),
• RUAG Group (Switzerland),
• REMINGTON OUTDOOR COMPANY (US),
• Rheinmetall AG (Germany), and Rosoboronexport (Russia), among others
Request access for the full report: https://www.databridgemarketresearch.com/reports/global-ammunition-market
major toc of the report
1. INTRODUCTION
2. MARKET SEGMENTATION
3. EXECUTIVE SUMMARY
4. PREMIUM INSIGHTS
5. MARKET OVERVIEW
6. COMPANY OVERVIEW
Get full access of the toc report: https://www.databridgemarketresearch.com/toc/?dbmr=global-ammunition-market
browse related report:
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