Ammunition is the material fired, scattered, dropped or detonated from any weapon. Ammunition is both expendable weapons (e.g., bombs, missiles, grenades, land mines) and the component parts of other weapons that create the effect on a target (e.g., bullets and warheads). Nearly all mechanical weapons require some form of ammunition to operate.
USA and Europe are the mainly consumption regions due to the bigger demand of downstream applications. In 2016, these two regions occupied 47.88% of the global consumption volume in total.
Ammunition has three types, which include small caliber ammunition, medium caliber ammunition and large caliber ammunition. And each type has application industries relatively. With increasing demand of defence and military, the downstream application industries will need more ammunition. So, ammunition has a huge market potential in the future.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents increasing trend according to the economy development status and international competition. Also, there is fluctuation in gross margin.
According to this study, over the next five years the Ammunition market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 12100 million by 2024, from US$ 9590 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Ammunition business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Ammunition market by product type, application, key manufacturers and key regions and countries.
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This study considers the Ammunition value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Small Caliber Ammunition
Medium Caliber Ammunition
Large Caliber Ammunition
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Olin Corporation (Winchester Ammunition)
Ruag Group (Ruag Ammotec AG)
IMI (Israel Military Industries)
Day & Zimmermann
China North Industries Corp (NORINCO)
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Ammunition consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Ammunition market by identifying its various subsegments.
Focuses on the key global Ammunition manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ammunition with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Ammunition submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Jennifer Cantelli was born and raised in the busy city of Lancaster. As a journalist, Jennifer has contributed to many online publications including the The Crimson White and USA Today. In regards to academics, Jennifer earned a degree in business from Carnegie Mellon University and an master’s degree from Temple University. Jennifer follows the money and covers all aspects of state and federal economy.here at Times Records.