Press release
North America Ammunition Market could be worth US$ 14,420.06 million by 2028,says Business Market Insights
The ammunition market in North America is expected to grow from US$ 14,420.06 million in 2022 to US$ 23,144.92 million by 2028. It is estimated to grow at a CAGR of 8.2% from 2022 to 2028. Analysis By Product (Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars, and Others), Application (Defense and Commercial), Guidance (Guided and Non-Guided), Lethality (Non-Lethal and Lethal), and Caliber [Small Caliber Ammunition (5.56mm, 7.62mm, 9mm, 12.7mm, 14.5mm, .45ACP, 338LM, 22LR, .223 Rem, and .308 Winchester), Medium Caliber Ammunition (20mm, 30mm, 40mm, and Others), and Large Caliber Ammunition (60mm, 105mm, 120mm, 150mm, and Others)]Get PDF Sample Report + All Related Table and Graphs @: https://www.businessmarketinsights.com/sample/BMIRE00027473?utm_source=OpenPR&utm_medium=10823
Competitive Landscape: North America Ammunition Market:
The rise in military expenditure is one of the major factors that is promoting the procurement of ammunition and guns worldwide. For instance, according to the SIPRI data, the US spent ~US$ 734 billion, US$ 778 billion, and US$ 800 billion in its military expenditure in 2019, 2020, and 2021, respectively. The sudden increase in demand for ammunition since 2020 is also driving the ammunition market growth. The firearm & ammunition industry witnessed huge increase from 2020 to 2021, according to several defense sources that have increased the procurement of ammunition. Moreover, commercial applications such as hunting and other shooting sports have witnessed a rise in demand for ammunition and firearms, which is catalyzing the ammunition industry.
AMTEC Corporation
BAE Systems
Elbit Systems Ltd
NAMMO AS
Northrop Grumman Corporation
Raytheon Technologies Corporation
Rheinmetall AG
RUAG Group
Thales Group
Vista Outdoor Operations LLC
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Chapter Details of North America Ammunition Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: North America Ammunition Market Landscape
Part 04: North America Ammunition Market Sizing
Part 05: North America Ammunition Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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