Ammunition Market, By Type (Large caliber ammunitions, Medium caliber ammunitions, Small caliber ammunitions, Artillery ammunitions, Mortar ammunitions, Naval ammunitions, and Aircraft ammunitions)By Product (Small arm ammunition, Rockets, Torpedoes, Miss

Ammunition Market, By Type (Large caliber ammunitions, Medium caliber ammunitions, Small caliber ammunitions, Artillery ammunitions, Mortar ammunitions, Naval ammunitions, and Aircraft ammunitions)By Product (Small arm ammunition, Rockets, Torpedoes, Missiles and warheads, Bombs (grenade and rocket bombs), and Miscellaneous (mines and other explosives)), By Application (Defense, Homeland Security, and Others (Personal, R&D, entertainment, and fire services)), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)


The global ammunition market has been witnessing steady growth over the past few years. Ammunition refers to the projectiles fired, scattered, dropped or detonated from any weapon. It consists of cartridges or shells containing gunpowder. Factors such as rising defense budgets of countries and increasing instances of cross-border conflicts have been driving the demand for various types of ammunition globally. However, stringent government regulations regarding the purchase, sale and transportation of ammunition pose challenges to the market. Rapid urbanization and growing crime rates have also been propelling the ammunition requirement for law enforcement agencies. The market is anticipated to grow further in the coming years due to rising geopolitical risk combined with recent developments around automatic weaponry.

Market Dynamics:

The global ammunition market is primarily driven by increasing defense spending of major countries aimed at strengthening their military capabilities. Escalating geopolitical tensions and cross-border conflicts have prompted governments worldwide to modernize their armed forces with advanced weaponry requiring large volumes of ammunition. Meanwhile, growing instances of urban crime and rising terrorist activities have also augmented the need for ammunition from law enforcement agencies. Further, high costs associated with setting up ammunition manufacturing plants also restrain the entry of new players. On the other hand, continuous research & development towards the development of eco-friendly ammunition using non-toxic bullets offers lucrative opportunities for sustained market growth over the forecast period.

Key Features of the Study:
  • This report provides in-depth analysis of the global ammunition market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global ammunition market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Poongsan Corporation, Alliant Techsystem, Inc., MaxamCorp Holding, Olin Corporation, Nammo AS, CBC Group, BAE Systems, and Rosoboronexport
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global ammunition market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ammunition market
Market Segmentation
  • Type Insights (Revenue, USD, 2019 - 2031)
  • Large caliber ammunitions
  • Medium caliber ammunitions
  • Small caliber ammunitions
  • Artillery ammunitions
  • Mortar ammunitions
  • Naval ammunitions
  • Aircraft ammunitions
  • Product Insights (Revenue, USD, 2019 - 2031)
  • Small arm ammunition
  • Rockets
  • Torpedoes
  • Missiles and warheads
  • Bombs (grenade and rocket bombs)
  • Miscellaneous (mines and other explosives)
  • Application Insights (Revenue, USD, 2019 - 2031)
  • Defense
  • Homeland Security
  • Others (Personal, R&D, entertainment, and fire services)
  • Regional Insights (Revenue, USD, 2019 - 2031)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • Poongsan Corporation
  • Alliant Techsystem, Inc.
  • MaxamCorp Holding
  • Olin Corporation
  • Nammo AS
  • CBC Group
  • BAE Systems
  • Rosoboronexport


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Type
Market Snippet, By Product
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, And Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Recent Developments
Industry Trend
4. Global Ammunition Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Ammunition Market – COVID-19
Impact Analysis
5. Global Ammunition Market, By Type, 2024-2031, (USD MN)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Large caliber ammunitions
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Medium caliber ammunitions
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Small caliber ammunitions
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Artillery ammunitions
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Mortar ammunitions
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Naval ammunitions
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020- 2031
Segment Trends
Aircraft ammunitions
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
6. Global Ammunition Market, By Product, 2024-2031, (USD MN)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Small arm ammunition
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020- 2031
Segment Trends
Rockets
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Torpedoes
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Missiles and warheads
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Bombs (grenade and rocket bombs)
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Miscellaneous (mines and other explosives)
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
7. Global Ammunition Market, By Application, 2024-2031, (USD MN)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Defense
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020- 2031
Segment Trends
Homeland Security
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Others (Personal, R&D, entertainment, and fire services)
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
8. Global Ammunition Market, By Region, 2019-2031 (US$ Mn)
Introduction
Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031 (US$ Mn)
Market Size and Forecast, By Product, 2019- 2031 (US$ Mn)
Market Size and Forecast, By Application, 2019- 2031 (US$ Mn)
Countries
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031 (US$ Mn)
Market Size and Forecast, By Product, 2019- 2031 (US$ Mn)
Market Size and Forecast, By Application, 2019- 2031 (US$ Mn)
Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031 (US$ Mn)
Market Size and Forecast, By Product, 2019- 2031 (US$ Mn)
Market Size and Forecast, By Application, 2019- 2031 (US$ Mn)
Countries
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031 (US$ Mn)
Market Size and Forecast, By Product, 2019- 2031 (US$ Mn)
Market Size and Forecast, By Application, 2019- 2031 (US$ Mn)
Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031 (US$ Mn)
Market Size and Forecast, By Product, 2019- 2031 (US$ Mn)
Market Size and Forecast, By Application, 2019- 2031 (US$ Mn)
Sub-regions/Countries
GCC Countries
Israel
Rest of Middle East
Africa
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031 (US$ Mn)
Market Size and Forecast, By Product, 2019- 2031 (US$ Mn)
Market Size and Forecast, By Application, 2019- 2031 (US$ Mn)
Regions/Countries
South Africa
North Africa
Central Africa
9. COMPETITIVE LANDSCAPE
Poongsan Corporation
Company Highlights
Product Portfolio
Recent Developments/ Updates
Alliant Techsystem, Inc.
Company Highlights
Product Portfolio
Recent Developments/ Updates
MaxamCorp Holding
Company Highlights
Product Portfolio
Recent Developments/ Updates
Olin Corporation
Company Highlights
Product Portfolio
Recent Developments/ Updates
Nammo AS
Company Highlights
Product Portfolio
Recent Developments/ Updates
CBC Group
Company Highlights
Product Portfolio
Recent Developments/ Updates
BAE Systems
Company Highlights
Product Portfolio
Recent Developments/ Updates
Rosoboronexport
Company Highlights
Product Portfolio
Recent Developments/ Updates
10. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
11. References and Research Methodology
References
Research Methodology
About us
*Browse 32 market data tables and 28 figures on 'Global Ammunition Market' - Global forecast to 2031

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