Global Ammunition Market

Technavio has been monitoring the ammunition market and is forecast to grow by $5.17 bn during 2022-2027, accelerating at a CAGR of 4.29% during the forecast period. Our report on the ammunition market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the prevalence of geopolitical conflicts, political tensions, and cross-border issues, an increase in ammunition procurement by armed forces or border security forces, and an increase in drug trafficking globally.

Technavio's ammunition market is segmented as below:

By Product

Small caliber
Medium caliber
Large caliber

By Application

Defense
Civil
Commercial

By Geographical Landscape

North America
APAC
Europe
Middle East and Africa
South America

This study identifies the growing asymmetric warfare worldwide as one of the prime reasons driving the ammunition market growth during the next few years. Also, the reduction of the weight of ammunition and advancement in small caliber will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the ammunition market covers the following areas:

Ammunition market sizing
Ammunition market forecast
Ammunition market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ammunition market vendors that include Adani Group, AMMO Inc., BAE Systems Plc, BERETTA HOLDING SA, CBC Global Ammunition, Denel SOC Ltd., Elbit Systems Ltd., Fabbrica dArmi Pietro Beretta S.p.A., General Dynamics Corp., Global Ordnance LLC, Hanwha Corp., Herstal SA, Industrias Tecnos S.A. de C.V., Lockheed Martin Corp., Mesko SA, Nammo AS, Nexter KNDS Group, Northrop Grumman Systems Corp., Olin Corp., Polska Grupa Zbrojeniowa SA, Poonfsan Corp., Rheinmetall AG, Singapore Technologies Engineering Ltd., Thales Group, and Vista Outdoor Inc. Also, the ammunition market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR74059

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global ammunition market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global ammunition market 2017 - 2021 ($ billion)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Product Segment 2017 - 2021 ($ billion)
4.3 Application Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Application Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Small caliber - Market size and forecast 2022-2027
Exhibit 34: Chart on Small caliber - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Small caliber - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Small caliber - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Small caliber - Year-over-year growth 2022-2027 (%)
6.4 Medium caliber - Market size and forecast 2022-2027
Exhibit 38: Chart on Medium caliber - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Medium caliber - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Medium caliber - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Medium caliber - Year-over-year growth 2022-2027 (%)
6.5 Large caliber - Market size and forecast 2022-2027
Exhibit 42: Chart on Large caliber - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on Large caliber - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on Large caliber - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Large caliber - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Product
Exhibit 46: Market opportunity by Product ($ billion)
Exhibit 47: Data Table on Market opportunity by Product ($ billion)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 48: Chart on Application - Market share 2022-2027 (%)
Exhibit 49: Data Table on Application - Market share 2022-2027 (%)
7.2 Comparison by Application
Exhibit 50: Chart on Comparison by Application
Exhibit 51: Data Table on Comparison by Application
7.3 Defense - Market size and forecast 2022-2027
Exhibit 52: Chart on Defense - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Data Table on Defense - Market size and forecast 2022-2027 ($ billion)
Exhibit 54: Chart on Defense - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Defense - Year-over-year growth 2022-2027 (%)
7.4 Civil and commercial - Market size and forecast 2022-2027
Exhibit 56: Chart on Civil and commercial - Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Data Table on Civil and commercial - Market size and forecast 2022-2027 ($ billion)
Exhibit 58: Chart on Civil and commercial - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Civil and commercial - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Application
Exhibit 60: Market opportunity by Application ($ billion)
Exhibit 61: Data Table on Market opportunity by Application ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 APAC - Market size and forecast 2022-2027
Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Russia - Market size and forecast 2022-2027
Exhibit 95: Chart on Russia - Market size and forecast 2022-2027 ($ billion)
Exhibit 96: Data Table on Russia - Market size and forecast 2022-2027 ($ billion)
Exhibit 97: Chart on Russia - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Russia - Year-over-year growth 2022-2027 (%)
9.11 India - Market size and forecast 2022-2027
Exhibit 99: Chart on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 100: Data Table on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 101: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on India - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027
Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ billion)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 BAE Systems Plc
Exhibit 115: BAE Systems Plc - Overview
Exhibit 116: BAE Systems Plc - Business segments
Exhibit 117: BAE Systems Plc - Key offerings
Exhibit 118: BAE Systems Plc - Segment focus
12.4 CBC Global Ammunition
Exhibit 119: CBC Global Ammunition - Overview
Exhibit 120: CBC Global Ammunition - Product / Service
Exhibit 121: CBC Global Ammunition - Key offerings
12.5 Elbit Systems Ltd.
Exhibit 122: Elbit Systems Ltd. - Overview
Exhibit 123: Elbit Systems Ltd. - Product / Service
Exhibit 124: Elbit Systems Ltd. - Key offerings
12.6 Fabbrica dArmi Pietro Beretta S.p.A.
Exhibit 125: Fabbrica dArmi Pietro Beretta S.p.A. - Overview
Exhibit 126: Fabbrica dArmi Pietro Beretta S.p.A. - Product / Service
Exhibit 127: Fabbrica dArmi Pietro Beretta S.p.A. - Key offerings
12.7 General Dynamics Corp.
Exhibit 128: General Dynamics Corp. - Overview
Exhibit 129: General Dynamics Corp. - Business segments
Exhibit 130: General Dynamics Corp. - Key news
Exhibit 131: General Dynamics Corp. - Key offerings
Exhibit 132: General Dynamics Corp. - Segment focus
12.8 Hanwha Corp.
Exhibit 133: Hanwha Corp. - Overview
Exhibit 134: Hanwha Corp. - Product / Service
Exhibit 135: Hanwha Corp. - Key news
Exhibit 136: Hanwha Corp. - Key offerings
12.9 Mesko SA
Exhibit 137: Mesko SA - Overview
Exhibit 138: Mesko SA - Product / Service
Exhibit 139: Mesko SA - Key offerings
12.10 Nammo AS
Exhibit 140: Nammo AS - Overview
Exhibit 141: Nammo AS - Product / Service
Exhibit 142: Nammo AS - Key offerings
12.11 Nexter KNDS Group
Exhibit 143: Nexter KNDS Group - Overview
Exhibit 144: Nexter KNDS Group - Product / Service
Exhibit 145: Nexter KNDS Group - Key offerings
12.12 Northrop Grumman Systems Corp.
Exhibit 146: Northrop Grumman Systems Corp. - Overview
Exhibit 147: Northrop Grumman Systems Corp. - Business segments
Exhibit 148: Northrop Grumman Systems Corp. - Key news
Exhibit 149: Northrop Grumman Systems Corp. - Key offerings
Exhibit 150: Northrop Grumman Systems Corp. - Segment focus
12.13 Olin Corp.
Exhibit 151: Olin Corp. - Overview
Exhibit 152: Olin Corp. - Business segments
Exhibit 153: Olin Corp. - Key offerings
Exhibit 154: Olin Corp. - Segment focus
12.14 Rheinmetall AG
Exhibit 155: Rheinmetall AG - Overview
Exhibit 156: Rheinmetall AG - Business segments
Exhibit 157: Rheinmetall AG - Key news
Exhibit 158: Rheinmetall AG - Key offerings
Exhibit 159: Rheinmetall AG - Segment focus
12.15 Singapore Technologies Engineering Ltd.
Exhibit 160: Singapore Technologies Engineering Ltd. - Overview
Exhibit 161: Singapore Technologies Engineering Ltd. - Business segments
Exhibit 162: Singapore Technologies Engineering Ltd. - Key offerings
Exhibit 163: Singapore Technologies Engineering Ltd. - Segment focus
12.16 Thales Group
Exhibit 164: Thales Group - Overview
Exhibit 165: Thales Group - Business segments
Exhibit 166: Thales Group - Key news
Exhibit 167: Thales Group - Key offerings
Exhibit 168: Thales Group - Segment focus
12.17 Vista Outdoor Inc.
Exhibit 169: Vista Outdoor Inc. - Overview
Exhibit 170: Vista Outdoor Inc. - Business segments
Exhibit 171: Vista Outdoor Inc. - Key offerings
Exhibit 172: Vista Outdoor Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 173: Inclusions checklist
Exhibit 174: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 175: Currency conversion rates for US$
13.4 Research methodology
Exhibit 176: Research methodology
Exhibit 177: Validation techniques employed for market sizing
Exhibit 178: Information sources
13.5 List of abbreviations
Exhibit 179: List of abbreviations