A surge in the number of terrorist activities and conflicts across the world is expected to raise the procurement of defense equipment by key militaries across the world, which will propel the market for ammunition during the forecast period. Moreover, the growing trends for sports and shooting which use rifles and pistols are anticipated to enhance the penetration of small-caliber ammunition in the estimated time. In addition, the technological advancements in the market have introduced lightweight bullets made from polymer-based cases, therefore are estimated to fuel the ammunition market growth. In line with this, the improvements in the military by key nations such as China, India, France, and Russia are projected to favor the ammunition market growth in the projected time span.

Ammunition refers to material unemployed, scattered or detonated from expendable or component of the weapon. It is typically utilized in bombs, landmines, grenades, small arms, and alternative sorts of guns. Ammunition consists a projectile (leaves the weapon), primer (ignites the propellant) and a propellant or explosive (push the projectile towards the target). Ammunition comes in varied sizes, type, and materials used whereas generally is specially designed for specific armament.

The global Ammunition market is segregated on the basis of Application as Defense and Civil & Commercial. Based on Caliber the global Ammunition market is segmented in Small, Medium, Large, and Others. Based on Product the global Ammunition market is segmented in Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars, and Others.

Based on Component, the global Ammunition market is segmented in Fuze & Primer, Propellant, Base, Projectile and Warhead, and Others. The report also bifurcates the global Ammunition market based on Guidance in Guided and Non-guided. The report also bifurcates the global Ammunition the global Lethality market is segmented in Lethal and Less-lethal.

The global Ammunition market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Ammunition market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Northrop Grumman (Orbital ATK Inc.), Olin Corporation, General Dynamics Corporation, Nammo as, BAE Systems, RUAG (RUAG Ammotec), Denel SOC Ltd., Poongsan Corporation, Vista Outdoor Inc., Rosoboronexport, and others are among the major players in the global Ammunition market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

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The Ammunition Market has been segmented as below:

Ammunition Market, By Application

• Defense
• Civil & Commercial

Ammunition Market, By Caliber

• Small
• Medium
• Large
• Others

Ammunition Market, By Product

• Bullets
• Aerial Bombs
• Grenades
• Artillery Shells
• Mortars
• Others

Ammunition Market, By Component

• Fuze & Primer
• Propellant
• Base
• Projectile and Warhead
• Others

Ammunition Market, By Guidance

• Guided
• Non-guided

Ammunition Market, By Lethality

• Lethal
• Less-lethal

Ammunition Market, By Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

Ammunition Market, By Company

• Northrop Grumman (Orbital ATK Inc.)
• Olin Corporation
• General Dynamics Corporation
• Nammo as
• BAE Systems
• RUAG (RUAG Ammotec)
• Denel SOC Ltd.
• Poongsan Corporation
• Vista Outdoor Inc.
• Rosoboronexport

The report covers:

• Global Ammunition market sizes from 2018 to 2027, along with CAGR for 2022-2027
• Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
• Global Ammunition market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Ammunition market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

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Report Scope:

The global Ammunition market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Ammunition market share. Major industry players with significant revenue share include Northrop Grumman (Orbital ATK Inc.), Olin Corporation, General Dynamics Corporation, Nammo as, BAE Systems, RUAG (RUAG Ammotec), Denel SOC Ltd., Poongsan Corporation, Vista Outdoor Inc., Rosoboronexport, and others.

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