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Ammunition Market Analysis, Industry Overview, Top Manufacturers, Statistics, Growth and Forecast 2020-2025

Author : Ronak Bora | Published Date : 2020-09-11 

Defense and civil sectors are the two prominent application areas of ammunition market. Defense sector led the application landscape in 2015 and will continue its dominance by occupying more than 50% of the total industry share over the period of 2016 to 2025. Ammunition market size in civil applications will also grow lucratively over the coming timeframe, driven by its high demand in Law enforcement, self-defense, entertainment, and sports activities.

Civil applications include weapons designed for self-defense, hunting & sports and law enforcement. Defense applications are forecast to grow at 2% CAGR to acquire over 50% of the ammunition market share by 2025. Industry growth across the segment can be credited to increase in recreational activities, increase in disposable income and growing population.

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Worldwide ammunition market to record an annual growth of 2.8% over the period of 2016 to 2025. The growing investments in R&D activities to enhance and develop technologically advanced weaponry coupled with the concerns regarding national security will bring forth lucrative avenues for the global ammunition industry.

Taking into consideration the products, ammunition industry is segmented into artillery, medium caliber, mortar, large caliber, and small caliber. Mortar ammunition market will exhibit an annual growth rate of around 3.3% over the period of 2016 to 2025, owing to its surging usage in low firing pressure arms. Small caliber ammo is predicted to record notable growth rate over the coming eight years. The product demand can be attributed to its high demand across civil and military applications, owing to its ease of application and easy availability.

On the basis of product, the industry can be segregated into small, medium, large, artillery and mortar. Growing application of small caliber ammo for law enforcement (civil) and defense purposes is expected to drive the industry growth over the forecast time period. Mortar market is projected to grow at around 3% CAGR due to wide applications in lower firing pressure weapons. Defense sector is expected to retain its dominance throughout the forecast timeline.

APAC, led by Japan, China and India accounted over 25% of the overall revenue in the year 2015 owing to greater allotments to defense budgets. The U.S. ammunition market share is expected to witness a fast growth owing to rising demand for firearms, the country consists of several weaponry manufacturers.

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The players involved in the ammunition market include General Dynamics, Federal Premium Ammunition, CCI, Remington Arms Co., BAE Systems, Nammo AS, Maxam, Poongsan Corp., Olin Corp., Hornady, Nexter Munitions Magtech, Orbital ATK, Global Ordnance and Denel Pmp. Players adopt mergers & acquisitions, new product development as part of their key strategies. Formulations of treaties such as Arms Trade Treaty (ATT) can provide players with new growth opportunities for regional expansion.

Table of Contents (ToC) of the report:

Chapter 3  Ammunition Market Insights

3.1   Industry segmentation

3.2   Industry size growth forecast, 2012 - 2025

3.3   Industry ecosystem analysis

3.3.1    Vendor matrix

3.3.2    Distribution channel analysis

3.4.    Technology & innovation landscape

3.5.    Regulatory landscape

3.5.1    U.S.

3.5.2    EU

3.6     Defense budget, by country, 2015

3.6.1    U.S.

3.6.2    China

3.6.3    Saudi Arabia

3.6.4    UK

3.6.5    Russia

3.6.6    Japan

3.6.7    India

3.6.8    Germany

3.7    Gun ownership landscape

3.7.1    U.S.

3.7.2    Russia

3.8   Industry impact forces

3.8.1    Growth drivers    Rising terrorism    Escalating arms race in Asia Pacific, MEA    Increasing recreational & leisure activities like hunting and shooting

3.8.2    Industry pitfalls and challenges    Stringent government norms    Environmental concerns

3.9   Growth potential analysis

3.10    Porter’s analysis

3.11    Competitive landscape, 2015

3.11.1   Strategy dashboard

3.12    PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/ammunition-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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