The Global Ammunition Market is forecasted to be worth USD 28.81 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market growth include growing adoption of the ammunition for self-defense, rising domestic violence terrorist activities, increasing interests in bird-hunting, usage of the ammunition in sports, and availability of the cost effective weapons with ammunition, to name a few.

Furthermore, the report offers an extensive analysis of the factors that are likely to influence the growth of the industry. The research study considers the COVID-19 pandemic a key growth influencing factor. The pandemic has negatively impacted the Ammunition industry through disruptions in global supply chains and grueling economic conditions.

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Competitive Outlook:

The latest research report offers key insights into the strengths and weaknesses of the prominent players using SWOT and Porter’s Five Forces analyses. Market segmentation based on product type, application spectrum, and key regions has been included in the report. The investigative study accurately estimates the market size, market share, and revenue generation over the projected timeframe. The key players profiled in the report are Smith Wesson Holding Corp., Freedom Group, Orbital ATK, Sturm, Ruger, Co., Inc., American Outdoor Brand Corporation, Thales Group, Lockheed Martin, General Dynamics Corporation, Beretta S.p.A., and Raytheon Company, among others.

Emergen Research has segmented into the global Ammunition Market on the basis of Type, End Users, Caliber, Technology, Lethality, Component, Materials Used, and Region:

Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Bullets

Aerial Bombs

Grenades

Artillery Shells

Mortars

Launchers

Others

Total

End Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Military

Law Enforcement

Hunting

Sports

Self-defense

Caliber Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Small

9mm

56mm

62mm

7mm

.338 Lapua Magnum

.338 Norma Magnum

5mm

Others

Medium

20mm

25mm

30mm

40mm

Others

High

60mm

81mm

120m

155mm

Others

Technology Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Guide

Unguided

Lethality Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Lethal

Less-lethal

Component Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Fuzes Primers

Propellants

Bases

Projectiles and Warheads

Others

Materials Used Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Steel

Aluminum

Polymer

Others

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Some Key Highlights from the Report

In November 2019, Nammo declared an acquisition of the Chemring Ordnance which is a subsidiary company of Chemring Group, would help Nammo strengthen its manufacturing capabilities in the United States.

The polymer sub-segment is growing with the fastest CAGR of 6.3% owing to its higher efficiency in the manufacturing with 3D printing techniques and reduction in the overall costing with higher applicability in the sports and hunting purposes.

The regions in the Asia Pacific lead by China, India, Pakistan, and South North Korea are allotting a considerable budget for their defense law enforcement grooming purposes. Besides, growing incidences of interpersonal stand-offs, asymmetric warfare, terrorist activities, domestic violence, along with higher economic development and enhancement in the manufacturing industry, deliberately help propel market enforcement.

Key points covered in the report:

A detailed outlook of the market with essential data beneficial for business

Market segmentation based on product types, applications, and end-users. For further understanding, the key segments are further divided into sub-segments

Growth factors, driving and restraining factors, product trends, and technological advancements are extensively discussed

Latest product developments, incorporation of new techniques and profiles of major competitors

Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

In conclusion, the report provides a qualitative and quantitative analysis of the Global Ammunition market, including the global and regional analysis of the market. The study covers critical information and factual data about the Ammunition industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Ammunition market is expected to fare in the forecast timeline. The report utilizes Ammunition analytical tools to offer an estimation of the outlook of the global state of the Ammunition market industry.

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