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Ammunition Market by Caliber, Application, Type, Cartridge Type - Global Forecast to 2021

Ammunition Market: Global Forecast until 2021

  • March 2017
  • 192 pages
  • ID: 4759534
In this report:
According to data published in 2014 by the Stockholm International Peace Research Institute (SIPRI) on global arms purchases, India was the world's largest importer of weapons between 2011 and 2015, accounting for ##% of its total imports during the period.
The increased need for both security as well as specialized weapons and ammunition for law enforcement agencies is expected to drive the growth of the German ammunition market, which is projected to record a CAGR of ##.##% from USD ##.## billion in 2016 to USD ##.## billion by 2021.

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"Increasing geopolitical tensions across the world are anticipated to fuel the rise of the overall ammunition market during the outlook period, 2016 to 2021."

The overall ammunition market is forecasted to grow from ~$18.1B in 2016 to ~$22.0B by 2021, at a compound annual growth rate of ~4.0 percent from 2016 to 2021. This increase can be connected primarily to factors, including territorial conflicts, military modernization programs being carried out across the world, and need of ammunition for personal safety and shooting sports. Nevertheless, formulation and implementation of stringent gun control legislations and the difference in economic, legal, and political regulations pertaining to procurement of ammunition across the world may restrain the rise of the overall ammunition market during the estimate period.

"The civil & commercial application segment of the overall ammunition market is presumed to grow at the maximal CAGR (Compound annual growth rate) during the outlook period, 2016 to 2021."

Among applications, the civil & commercial segment of the overall ammunition market is expected to increase at the maximal compound annual growth rate (CAGR) during the estimate period. The increase of the civil & commercial application segment of the overall ammunition market is attributed to use of small caliber ammunition in sporting and hunting activities. Shooting sports are increasing in popularity across all ages and genders, with growing number of new firearm and shotgun certificates being granted to enthusiasts. Terror incidences, including mass shootings in schools and clubs in different countries across the world have resulted in increasing demand for guns for self-defense.

"The small caliber ammunition segment is projected to dominate the overall ammunition market during the outlook period, 2016 to 2021."

The small caliber ammunition segment is forecasted to dominate the overall ammunition market during the estimate period, owing to increased procurement of small ammunition by the defense and homeland security markets to curb growing armed conflicts as well as by civilian population for personal safety. Additionally, there is increased usage of small caliber ammunition by civilians and homeland security personnel, according to their less lethality.

"The North American area led the overall ammunition market in 2016, while the Middle East ammunition market is expected to rise at the highest CAGR (Compound annual growth rate) during the outlook period, 2016 to 2021."

The North American area led the overall ammunition market in 2016. The rise of the North America ammunition market can be accredited to rising demand for ammunition in sporting and hunting activities in the territory. Furthermore, law enforcement agencies as well as local and state police departments in the area, are demanding small and medium caliber ammunition in important quantities.

The Middle East ammunition market is expected to grow at the highest compound annual growth rate (CAGR) during the estimate period. Growing number of armed conflicts and terrorism across the area is forecast to propel the increase of the Middle East ammunition market during the outlook period.

Break-up of the profiles of primary members taking part in the overall ammunition market:

• By Company category - Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, and Tier 3 - 20.0 percent

• By Description - C-suite - 35.0 percent, D-level - 25.0 percent, and Others - 40.0 percent

• By Area - North America (NA) - 45.0 percent, EU - 20.0 percent, Asia-Pac - 30.0 percent, and rest of the world - 5.0 percent

Main firms decribed in the study contain Orbital ATK Inc., Olin Corporation, General Dynamics Corporation, BAE Systels (BAESF), Remington Arms Company, Limited liability company, and Nammo AS, among others.

Segment Research

This market report classifies the overall ammunition market based on application (defense and civil & commercial), caliber (small caliber ammunition, medium caliber ammunition, big caliber ammunition, artillery ammunition, and mortar ammunition), category (cartridge based and non-cartridge based), and cartridge type (rimfire and centerfire). These segments and sub-segments are mapped across main regions, that is, North America continent, Europe (EU), Asia Pacific (APAC), the Middle East (ME), and rest of the world.

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized different levels of analyses -industry review, market share research of top players, supply chain research, and company descriptions. These insights together comprise and discuss basic views on the competitive landscape, coming out and high-growth segments of the overall ammunition market, high-growth areas, and drivers, market restraints, opportunities, and alternatives influencing the overall ammunition market.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on the overall ammunition market provided by key players

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the overall ammunition market

• Market Development: Highlighted information about lucrative sectors - the market research examines the overall ammunition market across different regions

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall ammunition market

• opposing assessment: Detailed assessment of market shares, increase strategies, products, and manufacturing competences of key players in the overall ammunition market

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