The 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.
Emergen research latest document, titled ‘Global Ammunition Market – Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Ammunition market. The report’s authors have offered necessary details on the latest Ammunition market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Ammunition industry entails useful insights into the estimated Ammunition market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Ammunition market.
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The report offers insightful information about the market dynamics of the Ammunition market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Ammunition market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Ammunition market.
Key players in the market 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.
The research report on the Ammunition market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Ammunition business sphere.
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Further key findings from the report suggest
- 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 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.
- 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.
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For the purpose of this report, 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)
- Aerial Bombs
- Artillery Shells
End Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Law Enforcement
Caliber Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- .338 Lapua Magnum
- .338 Norma Magnum
Technology Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Lethality Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Component Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Fuzes & Primers
- Projectiles and Warheads
Materials Used Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Regional Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- North America
- Asia Pacific
- South Korea
- North Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
Global Ammunition Market Report – Table of Contents:
- Chapter 1 includes the global Ammunition market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Ammunition market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Ammunition market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Ammunition industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
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