The global ammunition market is projected to grow from USD 6.40 Billion in 2014 to USD 7.78 Billion by 2020, at a CAGR of 1.93% during the period under consideration. This report covers the forecasts of the market and its dynamics over the next five years, while also recognizing the market application gaps, evolving technologies, recent developments in the market, and high potential geographic regions and countries. The market has been analyzed on the basis of ammunition type (including small caliber, medium caliber, large caliber, artillery, mortar) and application (defense, civil), considering 2014 as base year and 2015 to 2020 as the forecast period.

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Browse 92 market data tables and 63 figures spread through 168 pages and in-depth TOC on “Ammunition Market by Ammunition Type (Small Caliber, Medium Caliber, Large Caliber, Artillery, Mortar), Application (Defense, Civil), & Region (North America, Europe, Asia-Pacific, Middle East, Latin America, Africa) - Global Forecasts to 2020”
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The increase in transnational disputes and terrorism is expected to drive the growth of the ammunition market during the forecast period of 2015 to 2020. While this will be offset by the reduction in defense spending by developed nations, the increasing defense budgets of emerging economies to meet the rising need for advanced, efficient, and reliable ammunition, and the trend of military modernization across these nations are expected to drive the overall market growth further. With increased emphasis worldwide on range, weight, precision, and lethality of ammunition, guided precision munition is one of the major technologies that is expected to significantly impact the dynamics of the overall market during the forecast period.

The market size estimations for the various segments and subsegments of this market were arrived at through extensive secondary research, corroboration with primaries, and further market triangulation with the help of statistical techniques using econometric tools.

Ammunition Market

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The ecosystem of the ammunition market comprises raw material suppliers, manufacturers, distributors, and end users. The key end users of the market are defense and homeland security sectors, followed by civilians. The market is characterized by direct distribution channels and the presence of mainly OEMs and Tier 1 & Tier 2 companies. Some of the key players of the market include Orbital ATK (U.S.), General Dynamics Corp. (U.S.), Poongsan Corporation (South Korea), BAE Systems (U.K.), and Nammo AS (Norway), among others. These players are adopting strategies such as new product developments, long-term contracts, and business expansion to strengthen their positions in the global market. They are also focusing on developing new products by investing considerable amounts of their revenues into R&D to introduce advanced ammunition with higher precision and reduced weight.

Furthermore, this study answers several questions for the stakeholders; primarily which segments to focus over the next five years for prioritizing efforts and investments.

Target Audience

Ammunition Manufacturers
Ammunition Dealers
Sub-component Manufacturers
Technology Support Providers

Scope of the Report

This research report categorizes the global ammunition market into the following segments and subsegments:

Global Ammunition Market, By Type

Small Caliber Ammunition
5.56mm
7.62mm
9mm
12.7mm
Others
Medium Caliber Ammunition
20mm
25mm
30mm
40mm
Others
Large Caliber Ammunition
57mm
90mm
120mm
Others
Artillery
Mortar

Global Ammunition Market, By Application

Defense
Civil

Global Ammunition Market, By Region

North America
Europe
Middle East
Asia-Pacific
Latin America
Africa

Customizations available for the report:

With the given market data, MarketsandMarkets offers customizations as per specific needs of a company. The following customization options are available for the report.

Geographic Analysis
Further breakdown of the Rest of Asia-Pacific market into Australia, Malaysia, and New Zealand, among others
Company Information
Detailed analysis and profiling of additional market players (Upto 5)

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