Ammunition Market [Type: Full Metal jacket (FMJ) Ammunition, Tracer Ammunition, Incendiary Ammunition, Armor Piercing Ammunition, Other Ammunition; Application: Military, Commercial, Law Enforcement] – Global Industry Analysis, Size, Share, Growth, Trends

Ammunition Market [Type: Full Metal jacket (FMJ) Ammunition, Tracer Ammunition, Incendiary Ammunition, Armor Piercing Ammunition, Other Ammunition; Application: Military, Commercial, Law Enforcement] – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031


Ammunition Market – Scope of Report

TMR’s report on the global ammunition market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global ammunition market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global ammunition market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the ammunition market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global ammunition market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global ammunition market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global ammunition market.

The report delves into the competitive landscape of the global ammunition market. Key players operating in the global ammunition market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global ammunition market profiled in this report.

Key Questions Answered in Global ammunition Market Report
  • What is the sales/revenue generated by ammunition across all regions during the forecast period?
  • What are the opportunities in the global ammunition market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?
Ammunition Market – Research Objectives and Research Approach

The comprehensive report on the global ammunition market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global ammunition market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global ammunition market.


1. Preface
1.1. Market and Segments Definition
1.2. Market Taxonomy
1.3. Research Methodology
1.4. Assumption and Acronyms
2. Executive Summary
2.1. Global Ammunition Market Overview
2.2. Regional Outline
2.3. Industry Outline
2.4. Market Dynamics Snapshot
2.5. Competition Blueprint
3. Market Dynamics
3.1. Macro-economic Factors
3.2. Drivers
3.3. Restraints
3.4. Opportunities
3.5. Key Trends
3.6. Regulatory Framework
4. Associated Industry and Key Indicator Assessment
4.1. Parent Industry Overview – Industry Automation Overview
4.2. Ecosystem Analysis
4.3. Pricing Analysis
4.4. Technology Roadmap Analysis
4.5. Industry SWOT Analysis
4.6. Porter Five Forces Analysis
5. Global Ammunition Market Analysis, by Type
5.1. Ammunition Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type, 2023–2031
  5.1.1. Full Metal Jacket (FMJ) Ammunition
  5.1.2. Tracer Ammunition
  5.1.3. Incendiary Ammunition
  5.1.4. Armor Piercing Ammunition
  5.1.5. Other Ammunition
5.2. Market Attractiveness Analysis, by Type
6. Global Ammunition Market Analysis, by Ammunition
6.1. Ammunition Market Size (US$ Bn) Analysis & Forecast, by Ammunition, 2023–2031
  6.1.1. Small Ammunition
  6.1.2. Medium Ammunition
  6.1.3. Mortar Ammunition
  6.1.4. Artillery Ammunition
  6.1.5. Shotgun Shells
6.2. Market Attractiveness Analysis, by Ammunition
7. Global Ammunition Market Analysis, by Application
7.1. Ammunition Market Size (US$ Bn) Analysis & Forecast, by Application, 2023–2031
  7.1.1. Military
  7.1.2. Commercial
  7.1.3. Law Enforcement
7.2. Market Attractiveness Analysis, by Application
8. Global Ammunition Market Analysis and Forecast, by Region
8.1. Ammunition Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Region, 2023–2031
  8.1.1. North America
  8.1.2. Europe
  8.1.3. Asia Pacific
  8.1.4. Middle East & Africa
  8.1.5. South America
8.2. Market Attractiveness Analysis, by Region
9. North America Ammunition Market Analysis and Forecast
9.1. Market Snapshot
9.2. Ammunition Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type, 2023–2031
  9.2.1. Full Metal Jacket (FMJ) Ammunition
  9.2.2. Tracer Ammunition
  9.2.3. Incendiary Ammunition
  9.2.4. Armor Piercing Ammunition
  9.2.5. Other Ammunition
9.3. Ammunition Market Size (US$ Bn) Analysis & Forecast, by Ammunition, 2023–2031
  9.3.1. Small Ammunition
  9.3.2. Medium Ammunition
  9.3.3. Mortar Ammunition
  9.3.4. Artillery Ammunition
  9.3.5. Shotgun Shells
9.4. Ammunition Market Size (US$ Bn) Analysis & Forecast, by Application, 2023–2031
  9.4.1. Military
  9.4.2. Commercial
  9.4.3. Law Enforcement
9.5. Ammunition Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Country and Sub-region, 2023–2031
  9.5.1. U.S.
  9.5.2. Canada
  9.5.3. Rest of North America
9.6. Market Attractiveness Analysis
  9.6.1. By Type
  9.6.2. By Ammunition
  9.6.3. By Application
  9.6.4. By Country/Sub-region
10. Europe Ammunition Market Analysis and Forecast
10.1. Market Snapshot
10.2. Ammunition Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type, 2023–2031
  10.2.1. Full Metal Jacket (FMJ) Ammunition
  10.2.2. Tracer Ammunition
  10.2.3. Incendiary Ammunition
  10.2.4. Armor Piercing Ammunition
  10.2.5. Other Ammunition
10.3. Ammunition Market Size (US$ Bn) Analysis & Forecast, by Ammunition, 2023–2031
  10.3.1. Small Ammunition
  10.3.2. Medium Ammunition
  10.3.3. Mortar Ammunition
  10.3.4. Artillery Ammunition
  10.3.5. Shotgun Shells
10.4. Ammunition Market Size (US$ Bn) Analysis & Forecast, by Application, 2023–2031
  10.4.1. Military
  10.4.2. Commercial
  10.4.3. Law Enforcement
10.5. Ammunition Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Country and Sub-region, 2023–2031
  10.5.1. U.K.
  10.5.2. Germany
  10.5.3. France
  10.5.4. Rest of Europe
10.6. Market Attractiveness Analysis
  10.6.1. By Type
  10.6.2. By Ammunition
  10.6.3. By Application
  10.6.4. By Country/Sub-region
11. Asia Pacific Ammunition Market Analysis and Forecast
11.1. Market Snapshot
11.2. Ammunition Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type, 2023–2031
  11.2.1. Full Metal Jacket (FMJ) Ammunition
  11.2.2. Tracer Ammunition
  11.2.3. Incendiary Ammunition
  11.2.4. Armor Piercing Ammunition
  11.2.5. Other Ammunition
11.3. Ammunition Market Size (US$ Bn) Analysis & Forecast, by Ammunition, 2023–2031
  11.3.1. Small Ammunition
  11.3.2. Medium Ammunition
  11.3.3. Mortar Ammunition
  11.3.4. Artillery Ammunition
  11.3.5. Shotgun Shells
11.4. Ammunition Market Size (US$ Bn) Analysis & Forecast, by Application, 2023–2031
  11.4.1. Military
  11.4.2. Commercial
  11.4.3. Law Enforcement
11.5. Ammunition Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Country and Sub-region, 2023–2031
  11.5.1. China
  11.5.2. Japan
  11.5.3. India
  11.5.4. South Korea
  11.5.5. ASEAN
  11.5.6. Rest of Asia Pacific
11.6. Market Attractiveness Analysis
  11.6.1. By Type
  11.6.2. By Ammunition
  11.6.3. By Application
  11.6.4. By Country/Sub-region
12. Middle East & Africa Ammunition Market Analysis and Forecast
12.1. Market Snapshot
12.2. Ammunition Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type, 2023–2031
  12.2.1. Full Metal Jacket (FMJ) Ammunition
  12.2.2. Tracer Ammunition
  12.2.3. Incendiary Ammunition
  12.2.4. Armor Piercing Ammunition
  12.2.5. Other Ammunition
12.3. Ammunition Market Size (US$ Bn) Analysis & Forecast, by Ammunition, 2023–2031
  12.3.1. Small Ammunition
  12.3.2. Medium Ammunition
  12.3.3. Mortar Ammunition
  12.3.4. Artillery Ammunition
  12.3.5. Shotgun Shells
12.4. Ammunition Market Size (US$ Bn) Analysis & Forecast, by Application, 2023–2031
  12.4.1. Military
  12.4.2. Commercial
  12.4.3. Law Enforcement
12.5. Ammunition Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Country and Sub-region, 2023–2031
  12.5.1. GCC
  12.5.2. South Africa
  12.5.3. Rest of Middle East & Africa
12.6. Market Attractiveness Analysis
  12.6.1. By Type
  12.6.2. By Ammunition
  12.6.3. By Application
  12.6.4. By Country/Sub-region
13. South America Ammunition Market Analysis and Forecast
13.1. Market Snapshot
13.2. Ammunition Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type, 2023–2031
  13.2.1. Full Metal Jacket (FMJ) Ammunition
  13.2.2. Tracer Ammunition
  13.2.3. Incendiary Ammunition
  13.2.4. Armor Piercing Ammunition
  13.2.5. Other Ammunition
13.3. Ammunition Market Size (US$ Bn) Analysis & Forecast, by Ammunition, 2023–2031
  13.3.1. Small Ammunition
  13.3.2. Medium Ammunition
  13.3.3. Mortar Ammunition
  13.3.4. Artillery Ammunition
  13.3.5. Shotgun Shells
13.4. Ammunition Market Size (US$ Bn) Analysis & Forecast, by Application, 2023–2031
  13.4.1. Military
  13.4.2. Commercial
  13.4.3. Law Enforcement
13.5. Ammunition Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Country and Sub-region, 2023–2031
  13.5.1. Brazil
  13.5.2. Rest of South America
13.6. Market Attractiveness Analysis
  13.6.1. By Type
  13.6.2. By Ammunition
  13.6.3. By Application
  13.6.4. By Country/Sub-region
14. Competition Assessment
14.1. Global Ammunition Market Competition Matrix - a Dashboard View
  14.1.1. Global Ammunition Market Company Share Analysis, by Value (2022)
  14.1.2. Technological Differentiator
15. Company Profiles (Global Manufacturers/Suppliers)
15.1. Companhia Brasileira de Cartuchos
  15.1.1. Overview
  15.1.2. Product Portfolio
  15.1.3. Sales Footprint
  15.1.4. Key Subsidiaries or Distributors
  15.1.5. Strategy and Recent Developments
  15.1.6. Key Financials
15.2. BAE Systems
  15.2.1. Overview
  15.2.2. Product Portfolio
  15.2.3. Sales Footprint
  15.2.4. Key Subsidiaries or Distributors
  15.2.5. Strategy and Recent Developments
  15.2.6. Key Financials
15.3. Fiocchi Munizioni
  15.3.1. Overview
  15.3.2. Product Portfolio
  15.3.3. Sales Footprint
  15.3.4. Key Subsidiaries or Distributors
  15.3.5. Strategy and Recent Developments
  15.3.6. Key Financials
15.4. General Dynamics Corporation
  15.4.1. Overview
  15.4.2. Product Portfolio
  15.4.3. Sales Footprint
  15.4.4. Key Subsidiaries or Distributors
  15.4.5. Strategy and Recent Developments
  15.4.6. Key Financials
15.5. Hornady Manufacturing Company, Inc.
  15.5.1. Overview
  15.5.2. Product Portfolio
  15.5.3. Sales Footprint
  15.5.4. Key Subsidiaries or Distributors
  15.5.5. Strategy and Recent Developments
  15.5.6. Key Financials
15.6. Nammo A.S.
  15.6.1. Overview
  15.6.2. Product Portfolio
  15.6.3. Sales Footprint
  15.6.4. Key Subsidiaries or Distributors
  15.6.5. Strategy and Recent Developments
  15.6.6. Key Financials
15.7. Nexter Group
  15.7.1. Overview
  15.7.2. Product Portfolio
  15.7.3. Sales Footprint
  15.7.4. Key Subsidiaries or Distributors
  15.7.5. Strategy and Recent Developments
  15.7.6. Key Financials
15.8. Orbital ATK
  15.8.1. Overview
  15.8.2. Product Portfolio
  15.8.3. Sales Footprint
  15.8.4. Key Subsidiaries or Distributors
  15.8.5. Strategy and Recent Developments
  15.8.6. Key Financials
15.9. Prvi Partizan A.D.
  15.9.1. Overview
  15.9.2. Product Portfolio
  15.9.3. Sales Footprint
  15.9.4. Key Subsidiaries or Distributors
  15.9.5. Strategy and Recent Developments
  15.9.6. Key Financials
15.10. Rheinmetall AG
  15.10.1. Overview
  15.10.2. Product Portfolio
  15.10.3. Sales Footprint
  15.10.4. Key Subsidiaries or Distributors
  15.10.5. Strategy and Recent Developments
  15.10.6. Key Financials
15.11. RUAG Group
  15.11.1. Overview
  15.11.2. Product Portfolio
  15.11.3. Sales Footprint
  15.11.4. Key Subsidiaries or Distributors
  15.11.5. Strategy and Recent Developments
  15.11.6. Key Financials
16. Go to Market Strategy
16.1. Identification of Potential Market Spaces
16.2. Preferred Sales & Marketing Strategy

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