Ammunition Market By Caliber (Small, Medium, Large, Artillery, Mortar), By End-Use (Defence, Public Safety) - Growth, Future Prospects And Competitive Analysis 2015 – 2025

Ammunition can be defined as material that is fired, scattered, dropped, or detonated by means of any weapon. Bombs, rockets, shots, shrapnel, bullets, and shells are examples of ammunition. The human race has a long history of wars, and the use of ammunition has been one of the key factors that have impacted a great many of those wars significantly from time to time. Conflicts amongst different countries across the globe, rising terrorist activities, and domestic instability in poor countries have resulted in an increase in demand for ammunition. Applications such as defense and public safety make extensive use of ammunition for maintaining peace, law, and order. In addition, ammunition is also used for sporting and hunting applications, which include firearms. Thus, the demand for ammunition has witnessed significant growth over the past many years.

The modernization of existing firearms and the introduction of new firearms has accelerated the development of modern ammunition. Modern ammunition is capable of high destruction at various levels depending on the firearms with which it will be used. Ammunition manufacturing companies are striving to develop improved ammunition in order to maintain their market positions.

The consistent rise in terrorist activities in the regions of Asia Pacific, Europe, and North America has encouraged the use of more ammunition. Public safety services, homeland security services, and local forces across different countries also use firearms from time to time in order to sustain law and order. Many countries, such as the U.S., promote sports hunting, which again includes the use of ammunition. Sports involving firearms are one of the major contributors to the modern-day ammunition market. All the above-cited factors are promoting the global ammunition market, which is further expected to grow at a significant rate in the following years.

The report titled "Ammunition Market: Growth, Future Prospects, and Competitive Landscape, 2017–2025" offers strategic insights into the global ammunition market with a focus on the market's size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of multiple market segments based on caliber, end-use, and cross-sectional studies across different geographies. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.

In order to help strategic decision-makers, the report also includes competitive profiling of the leading ammunition manufacturers, their strategies, market positioning, and key developments. Some of the major players profiled in the report include General Dynamics Corporation, Magtech Ammunition Company, Inc., Remington Arms Company, Inc., Denel PMP, Ruag Ammotec, Maxam, Global Ordnance, Federal Premium Ammunition, Hornady Manufacturing, BAE Systems, Poongsan Corporation, and Nexter Munitions.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the ammunition market.
  • Market fuels, market impediments, and their impact on market growth
  • Insights into market inclination, including ammunition evolution and key trend analysis for the ammunition market
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2015–2016)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global ammunition market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

The global ammunition market is segmented, based on caliber, into the following categories:

  • Small
  • Medium
  • Large
  • Artillery
  • Mortar

As of 2016, small caliber ammunition, which generally includes bullets for small firearms and handguns, was the largest segment, in terms of revenue, of the overall ammunition market worldwide. Small-caliber bullets are extensively used by both defense and public safety agencies for maintaining law and order. The perpetually rising crime rate in many countries across the globe has boosted the demand for small-caliber bullets and is further expected to rise considerably in the following years.

As of 2016, the medium-caliber ammunition segment trails the small-caliber ammunition segment in terms of revenue. Medium-caliber ammunition is used for small rifles and submachine guns. Such firearms are used for defense and special task force applications. In addition, such ammunition is also used for hunting, sports, and sports involving firearms. With the persistent promotion of shooting sports involving firearms, the demand for medium-caliber ammunition is rising at a considerable rate. Consequently, the market for medium-caliber ammunition is expected to demonstrate steady growth during the forecast period.

The global ammunition market is segmented, based on its end-use, into the following categories:

  • Defense
  • Public Safety
  • Others

As of 2016, public safety is the most dominant segment in the overall end-use segment for ammunition. Small and medium-caliber firearms are extensively used by public safety services, which include homeland security, police forces, task forces, and private security services. Annual consumption of ammunition is more for public safety when compared with defense, and other end uses. With a consistent rise in crime rates and an increasing threat to public safety, the demand for ammunition to maintain order is expected to rise at the same rate. Consequently, the public safety end-use is expected to maintain its dominance during the forecast period.

As of 2016, the defense segment trails the public safety segment in terms of revenue. Rising conflicts between countries across the globe have forced the governments of these countries to expand their war capabilities. Governments are acquiring large quantities of ammunition in order to improve their war capabilities. This has boosted the demand for ammunition, and the market is expected to demonstrate consistent growth in the following years.

The global ammunition market has been segmented on the basis of geographical regions, as per the following regions and countries:

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • France
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • India
  • Rest of Asia Pacific
  • Rest of the World (RoW)
  • Middle East and Africa
  • Latin America

As of 2016, Asia Pacific dominates the overall ammunition market in terms of revenue. The market here is backed by growing conflicts among the many nations. Asia-Pacific is the second-most ammunition-producing region. Countries here are striving continuously to strengthen their war capabilities. Consequently, the demand for ammunition in this region is expected to grow even further.

In 2016, North America trailed the overall ammunition market. North America, especially the U.S., is the largest arms and ammunition manufacturing region. Many people across this region are allowed to carry personal weapons. In addition, rising criminal and terrorist activities have boosted the overall demand for ammunition in this region. Furthermore, the high popularity of sports involving firearms has been promoting the ammunition market in this region.

Frequently Asked Questions:

The market for Ammunition Market is expected to reach US$ XX Mn By 2025.

The Ammunition Market is expected to see significant CAGR growth over the coming years, at 4.2%.

The report is forecasted from 2015-2025.

The base year of this report is 2014.

General Dynamics Corporation, Magtech Ammunition Company, Inc., Remington Arms Company, Inc., Denel PMP, Ruag Ammotec, Maxam, Global Ordnance, Federal Premium Ammunition are some of the major players in the global market.

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Published Date:  May 2017
Category:  Advanced Materials
Report ID:   58488
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
Delivery Time: 24 Hours to 48 Hours   
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