We use cookies for a better user experience. Read our Privacy Policy
I AgreeAccording to a new market report on the ammunition market, published by Transparency Market Research, the global ammunition market is expected to reach US$ 16,468.2 Mn by 2026, expanding at a CAGR of 3.5% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region growing at a CAGR of 5.0% through 2026.
The demand for ammunition is directly dependent on the rise in security concerns, growing weapon sales, and increasing modernization programs. The increased defense expenditure is likely to boost the demand for ammunition which is needed for various weapons and other military systems, thereby driving the growth of the ammunition market.
The global ammunition market is broadly segmented by type, caliber, and application. By type, the full metal jacket (FMJ) ammunition segment is consistently expected to garner the highest market share between 2018 and 2026. The growing demand for full metal jacket (FMJ) ammunition for military applications is the major reason for its dominance throughout the forecast period. Full metal jacket provides various advantages such as high accuracy, high-volume shooting, and reduced depositing of metal due to jacket over the core. It is also cheaper and more resistant to damage, thereby escalating its demand in various industries. Additionally, tracer ammunition segment is expected to expand at a significant CAGR of 3.6% because of increasing military applications as they are visible to the naked eye during daylight, and are very bright during night time firing. By caliber, small caliber ammunition represented the highest share in 2017 and is further expected to lead the global ammunition market during the forecast period due to the growing demand for combat and premium projectiles. Small caliber ammunition segment is expected to comprise 35.3% of the overall ammunition market in 2026. By application, the military segment represented highest market share in 2017. Increasing military activities and changing role of modern military troops is increasing the demand for various ammunitions for specific applications. Furthermore, increased defense expenditure in order to reinforce the military strength, modernize the armed forces, and firmly safeguard national sovereignty, security, and development interests is further responsible for its significant share amongst all applications.
North America dominated the ammunition market in 2017 with the U.S. contributing majority share of revenue. The dominance of the market in the region is attributed to presence of large number of market players. The market in Europe is anticipated to grow considerably throughout the forecast period due to the growing demand for ammunition from Russia. Russia is rapidly investing in the ammunition market because of significant terrorist activities. The market in Asia Pacific is projected to expand at the highest CAGR during the forecast period due to the increasing military spending and growing demand for ammunition from countries such as China, India, and Pakistan. China accumulated the highest market share in 2017 due to increasing investments in development and procurement of arms. The ammunition market in China is expected to expand at the highest share of 5.4% during the forecast period. Apart from China, countries such as India, South Korea, and Japan are also expected to contribute significantly to the Asia Pacific ammunition market.
The research study includes profiles of leading companies operating in the global ammunition market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Key players in the ammunition market are Companhia Brasileira de Cartuchos, BAE Systems, Fiocchi Munizioni, General Dynamics Corporation, Hornady Manufacturing Company, Inc., Nammo A.S., Nexter Group, Orbital ATK, Inc., Prvi Partizan A.D., Rheinmetall AG, and RUAG Group, among others. Companies are focusing on expanding their business through strategic acquisitions and partnerships with another players.
Global Ammunition Market to Grow with Advancements in Defense Technologies
The demand within the global ammunition market is growing as nations become increasingly concerned about the safety of their critical assets. Use of ammunition is not restricted to domestic activities authorised by the state, but has also become a resilient trend across the global military industries. Several countries have begun storing by heavy-duty ammunition as a part of their military infrastructure. In addition to this, the strategies of governments and state authorities to avert their foes through ammunition has also played to the advantage of the market. Therefore, it is safe to that the global ammunition market would move along a lucrative trajectory in the years to transcend.
The global ammunition market has been segmented as follows:
Type |
|
Ammunition |
|
Application |
|
Geography |
|
Interested in this report?
Get a FREE Brochure now!
*Get Brochure Report (PDF) sent to your email within minutes
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Ammunition Market
4. Market Overview
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.3. Key Trends Analysis
4.4. Key Market Indicators
4.5. Global Ammunition Market Analysis and Forecast, 2016 – 2026
4.5.1. Market Revenue Projections (US$ Mn)
4.6. Porter’s Five Forces Analysis
4.7. Global Ammunition Value Chain Analysis
4.8. Market Outlook
5. Global Ammunition Market Analysis and Forecast, By Type
5.1. Overview & Definitions
5.2. Key Trends
5.3. Ammunition Market Size (US$ Mn) Forecast, By Type, 2016 – 2026
5.3.1. Full Metal Jacket (FMJ) Ammunition
5.3.2. Tracer Ammunition
5.3.3. Incendiary Ammunition
5.3.4. Armor Piercing Ammunition
5.3.5. Other Ammunition
5.4. Type Comparison Matrix
5.5. Market Attractiveness By Type
6. Global Ammunition Market Analysis and Forecast, By Caliber
6.1. Overview & Definitions
6.2. Key Trends
6.3. Ammunition Market Size (US$ Mn) Forecast, By Caliber, 2016 – 2026
6.3.1. Small Caliber Ammunition
6.3.2. Medium Caliber Ammunition
6.3.3. Mortar Ammunition
6.3.4. Artillery Ammunition
6.3.5. Shotgun Shells
6.4. Caliber Comparison Matrix
6.5. Market Attractiveness By Caliber
7. Global Ammunition Market Analysis and Forecast, By Application
7.1. Overview & Definitions
7.2. Key Trends
7.3. Ammunition Market Size (US$ Mn) Forecast, By Application, 2016 – 2026
7.3.1. Commercial
7.3.2. Military
7.3.3. Law Enforcement
7.4. Application Comparison Matrix
7.5. Market Attractiveness By Application
8. Global Ammunition Market Analysis and Forecast, by Region
8.1. Key Findings
8.2. Ammunition Market Size (US$ Mn) Forecast, by Region, 2016 – 2026
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Middle East & Africa
8.2.5. South America
8.3. Market Attractiveness by Region
9. North America Ammunition Market Analysis and Forecast
9.1. Key Findings
9.2. Key Trends
9.3. Ammunition Market Size (US$ Mn) Forecast, By Type, 2016 – 2026
9.3.1. Full Metal Jacket (FMJ) Ammunition
9.3.2. Tracer Ammunition
9.3.3. Incendiary Ammunition
9.3.4. Armor Piercing Ammunition
9.3.5. Other Ammunition
9.4. Ammunition Market Size (US$ Mn) Forecast, By Caliber, 2016 – 2026
9.4.1. Small Caliber Ammunition
9.4.2. Medium Caliber Ammunition
9.4.3. Mortar Ammunition
9.4.4. Artillery Ammunition
9.4.5. Shotgun Shells
9.5. Ammunition Market Size (US$ Mn) Forecast, By Application, 2016 – 2026
9.5.1. Commercial
9.5.2. Military
9.5.3. Law Enforcement
9.6. Ammunition Market Size (US$ Mn) Forecast, by Country, 2016 – 2026
9.6.1. U.S.
9.6.2. Canada
9.6.3. Rest of North America
9.7. Market Attractiveness Analysis
9.7.1. By Type
9.7.2. By Caliber
9.7.3. By Application
9.7.4. By Country
10. Europe Ammunition Market Analysis and Forecast
10.1. Key Findings
10.2. Key Trends
10.3. Ammunition Market Size (US$ Mn) Forecast, By Type, 2016 – 2026
10.3.1. Full Metal Jacket (FMJ) Ammunition
10.3.2. Tracer Ammunition
10.3.3. Incendiary Ammunition
10.3.4. Armor Piercing Ammunition
10.3.5. Other Ammunition
10.4. Ammunition Market Size (US$ Mn) Forecast, By Caliber, 2016 – 2026
10.4.1. Small Caliber Ammunition
10.4.2. Medium Caliber Ammunition
10.4.3. Mortar Ammunition
10.4.4. Artillery Ammunition
10.4.5. Shotgun Shells
10.5. Ammunition Market Size (US$ Mn) Forecast, By Application, 2016 – 2026
10.5.1. Commercial
10.5.2. Military
10.5.3. Law Enforcement
10.6. Market Size (US$ Mn) Forecast, By Country, 2016 – 2026
10.6.1. U.K.
10.6.2. Germany
10.6.3. France
10.6.4. Rest of Europe
10.7. Market Attractiveness Analysis
10.7.1. By Type
10.7.2. By Caliber
10.7.3. By Application
10.7.4. By Country
11. Asia Pacific Ammunition Market Analysis and Forecast
11.1. Key Findings
11.2. Key Trends
11.3. Ammunition Market Size (US$ Mn) Forecast, By Type, 2016 – 2026
11.3.1. Full Metal Jacket (FMJ) Ammunition
11.3.2. Tracer Ammunition
11.3.3. Incendiary Ammunition
11.3.4. Armor Piercing Ammunition
11.3.5. Other Ammunition
11.4. Ammunition Market Size (US$ Mn) Forecast, By Caliber, 2016 – 2026
11.4.1. Small Caliber Ammunition
11.4.2. Medium Caliber Ammunition
11.4.3. Mortar Ammunition
11.4.4. Artillery Ammunition
11.4.5. Shotgun Shells
11.5. Ammunition Market Size (US$ Mn) Forecast, By Application, 2016 – 2026
11.5.1. Commercial
11.5.2. Military
11.5.3. Law Enforcement
11.6. Market Size (US$ Mn) Forecast, By Country, 2016 – 2026
11.6.1. China
11.6.2. India
11.6.3. Japan
11.6.4. Rest of Asia Pacific
11.7. Market Attractiveness Analysis
11.7.1. By Type
11.7.2. By Caliber
11.7.3. By Application
11.7.4. By Country
12. Middle East & Africa Ammunition Market Analysis and Forecast
12.1. Key Findings
12.2. Key Trends
12.3. Ammunition Market Size (US$ Mn) Forecast, By Type, 2016 – 2026
12.3.1. Full Metal Jacket (FMJ) Ammunition
12.3.2. Tracer Ammunition
12.3.3. Incendiary Ammunition
12.3.4. Armor Piercing Ammunition
12.3.5. Other Ammunition
12.4. Ammunition Market Size (US$ Mn) Forecast, By Caliber, 2016 – 2026
12.4.1. Small Caliber Ammunition
12.4.2. Medium Caliber Ammunition
12.4.3. Mortar Ammunition
12.4.4. Artillery Ammunition
12.4.5. Shotgun Shells
12.5. Ammunition Market Size (US$ Mn) Forecast, By Application, 2016 – 2026
12.5.1. Commercial
12.5.2. Military
12.5.3. Law Enforcement
12.6. Market Size (US$ Mn) Forecast, By Country, 2016 – 2026
12.6.1. GCC
12.6.2. South Africa
12.6.3. Rest of Middle East and Africa
12.7. Market Attractiveness Analysis
12.7.1. By Type
12.7.2. By Caliber
12.7.3. By Application
12.7.4. By Country
13. South America Ammunition Market Analysis and Forecast
13.1. Key Findings
13.2. Key Trends
13.3. Ammunition Market Size (US$ Mn) Forecast, By Type, 2016 – 2026
13.3.1. Full Metal Jacket (FMJ) Ammunition
13.3.2. Tracer Ammunition
13.3.3. Incendiary Ammunition
13.3.4. Armor Piercing Ammunition
13.3.5. Other Ammunition
13.4. Ammunition Market Size (US$ Mn) Forecast, By Caliber, 2016 – 2026
13.4.1. Small Caliber Ammunition
13.4.2. Medium Caliber Ammunition
13.4.3. Mortar Ammunition
13.4.4. Artillery Ammunition
13.4.5. Shotgun Shells
13.5. Ammunition Market Size (US$ Mn) Forecast, By Application, 2016 – 2026
13.5.1. Commercial
13.5.2. Military
13.5.3. Law Enforcement
13.6. Market Size (US$ Mn) Forecast, By Country, 2016 – 2026
13.6.1. Brazil
13.6.2. Rest of South America
13.7. Market Attractiveness Analysis
13.7.1. By Type
13.7.2. By Caliber
13.7.3. By Application
13.7.4. By Country
14. Competition Landscape
14.1. Market Player – Competition Matrix
14.2. Market Share Analysis by Company (2017)
14.3. Company Profiles (Details – Overview, Financials, SWOT Analysis, Strategy)
14.3.1. Companhia Brasileira de Cartuchos
14.3.1.1. Market Presence by Segment
14.3.1.2. Strategy
14.3.1.3. Revenue and Operating Profits
14.3.1.4. SWOT Analysis
14.3.2. BAE Systems
14.3.2.1. Market Presence by Segment
14.3.2.2. Strategy
14.3.2.3. Revenue and Operating Profits
14.3.2.4. SWOT Analysis
14.3.3. Fiocchi Munizioni
14.3.3.1. Market Presence by Segment
14.3.3.2. Strategy
14.3.3.3. Revenue and Operating Profits
14.3.3.4. SWOT Analysis
14.3.4. General Dynamics Corporation
14.3.4.1. Market Presence by Segment
14.3.4.2. Strategy
14.3.4.3. Revenue and Operating Profits
14.3.4.4. SWOT Analysis
14.3.5. Hornady Manufacturing Company, Inc.
14.3.5.1. Market Presence by Segment
14.3.5.2. Strategy
14.3.5.3. Revenue and Operating Profits
14.3.5.4. SWOT Analysis
14.3.6. Nammo A.S.
14.3.6.1. Market Presence by Segment
14.3.6.2. Strategy
14.3.6.3. Revenue and Operating Profits
14.3.6.4. SWOT Analysis
14.3.7. Nexter Group
14.3.7.1. Market Presence by Segment
14.3.7.2. Strategy
14.3.7.3. Revenue and Operating Profits
14.3.7.4. SWOT Analysis
14.3.8. Orbital ATK, Inc.
14.3.8.1. Market Presence by Segment
14.3.8.2. Strategy
14.3.8.3. Revenue and Operating Profits
14.3.8.4. SWOT Analysis
14.3.9. Prvi Partizan A.D.
14.3.9.1. Market Presence by Segment
14.3.9.2. Strategy
14.3.9.3. Revenue and Operating Profits
14.3.9.4. SWOT Analysis
14.3.10. Rheinmetall AG
14.3.10.1. Market Presence by Segment
14.3.10.2. Strategy
14.3.10.3. Revenue and Operating Profits
14.3.10.4. SWOT Analysis
14.3.11. RUAG Group
14.3.11.1. Market Presence by Segment
14.3.11.2. Strategy
14.3.11.3. Revenue and Operating Profits
14.3.11.4. SWOT Analysis
15. Key Takeaway
List of Tables
Table 01: Global Ammunition Market Size (US$ Mn) Forecast, by Type, 2016 – 2026
Table 02: Global Ammunition Market Size (US$ Mn) Forecast, by Caliber, 2016 – 2026
Table 03: Global Ammunition Market Size (US$ Mn) Forecast, by Application, 2016 – 2026
Table 04: Global Ammunition Market Size (US$ Mn) Forecast, by Region, 2016 – 2026
Table 05: North America Ammunition Market Size (US$ Mn) Forecast, by Type, 2016 – 2026
Table 06: North America Ammunition Market Size (US$ Mn) Forecast, by Caliber, 2016 – 2026
Table 07: North America Ammunition Market Size (US$ Mn) Forecast, by Application, 2016 – 2026
Table 08: North America Ammunition Market Size (US$ Mn) Forecast, by Region, 2016 – 2026
Table 09: Europe Ammunition Market Size (US$ Mn) Forecast, by Type, 2016 – 2026
Table 10: Europe Ammunition Market Size (US$ Mn) Forecast, by Caliber, 2016 – 2026
Table 11: Europe Ammunition Market Size (US$ Mn) Forecast, by Application, 2016 – 2026
Table 12: Europe Ammunition Market Size (US$ Mn) Forecast, by Region, 2016 – 2026
Table 13: Asia Pacific Ammunition Market Size (US$ Mn) Forecast, by Type, 2016 – 2026
Table 14: Asia Pacific Ammunition Market Size (US$ Mn) Forecast, by Caliber, 2016 – 2026
Table 15: Asia Pacific Ammunition Market Size (US$ Mn) Forecast, by Application, 2016 – 2026
Table 16: Asia Pacific Ammunition Market Size (US$ Mn) Forecast, by Region, 2016 – 2026
Table 17: Middle East & Africa Ammunition Market Size (US$ Mn) Forecast, by Type, 2016 – 2026
Table 18: Middle East & Africa Ammunition Market Size (US$ Mn) Forecast, by Caliber, 2016 – 2026
Table 19: Middle East & Africa Ammunition Market Size (US$ Mn) Forecast, by Application, 2016 – 2026
Table 20: Middle East & Africa Ammunition Market Size (US$ Mn) Forecast, by Region, 2016 – 2026
Table 21: South America Ammunition Market Size (US$ Mn) Forecast, by Type, 2016 – 2026
Table 22: South America Ammunition Market Size (US$ Mn) Forecast, by Caliber, 2016 – 2026
Table 23: South America Ammunition Market Size (US$ Mn) Forecast, by Application, 2016 – 2026
Table 24: South America Ammunition Market Size (US$ Mn) Forecast, by Region, 2016 – 2026
List of Figures
Figure 01: Executive Summary
Figure 02: North America CAGR
Figure 03: Europe CAGR
Figure 04: South America CAGR
Figure 05: MEA CAGR
Figure 06: APAC CAGR
Figure 07: Global Ammunition Market Revenue Projection and Y – o – Y Growth, 2016-2026 (US$ Mn)
Figure 08: Value Chain Analysis (1/3)
Figure 09: Global Ammunition Market, By Product Type
Figure 10: Global Ammunition Market, By Caliber
Figure 11: Global Ammunition Market, By Application (2018)
Figure 12: Global Ammunition Market Value Share Analysis, By Type, 2018 and 2026
Figure 13: Global Ammunition Market Comparison Matrix, By Type
Figure 14: Global Ammunition Market Attractiveness Analysis, By Type
Figure 15: Global Ammunition Market Value Share Analysis, By Caliber, 2018 and 2026
Figure 16: Global Ammunition Market Comparison Matrix, By Caliber
Figure 17: Global Ammunition Market Attractiveness Analysis, By Caliber
Figure 18: Global Ammunition Market Value Share Analysis, By Application, 2018 and 2026
Figure 19: Global Ammunition Market Comparison Matrix, By Application
Figure 20: Global Ammunition Market Attractiveness Analysis, By Application
Figure 14: Global Ammunition Market Attractiveness Analysis, By Type
Figure 22: Global Ammunition Market Value Share Analysis, By Region, 2018 and 2026
Figure 23: Global Ammunition Market Attractiveness Analysis, By Region
Figure 24: North America Ammunition Market Value Share Analysis, By Type, 2018 and 2026
Figure 25: North America Ammunition Market Value Share Analysis, By Caliber, 2018 and 2026
Figure 26: North America Ammunition Market Value Share Analysis, By Application, 2018 and 2026
Figure 27: North America Ammunition Market Value Share Analysis, By Country, 2018 and 2026
Figure 28: North America Ammunition Market Attractiveness Analysis, By Type
Figure 29: North America Ammunition Market Attractiveness Analysis, By Caliber
Figure 30: North America Ammunition Market Attractiveness Analysis, By Application
Figure 31: North America Ammunition Market Attractiveness Analysis, By Country
Figure 32: Europe Ammunition Market Value Share Analysis, By Type, 2018 and 2026
Figure 33: Europe Ammunition Market Value Share Analysis, By Caliber, 2018 and 2026
Figure 34: Europe Ammunition Market Value Share Analysis, By Application, 2018 and 2026
Figure 35: Europe Ammunition Market Value Share Analysis, By Country, 2018 and 2026
Figure 36: Europe Ammunition Market Attractiveness Analysis, By Type
Figure 37: Europe Ammunition Market Attractiveness Analysis, By Caliber
Figure 38: Europe Ammunition Market Attractiveness Analysis, By Application
Figure 39: Europe Ammunition Market Attractiveness Analysis, By Country
Figure 40: Asia Pacific Ammunition Market Value Share Analysis, By Type, 2018 and 2026
Figure 41: Asia Pacific Ammunition Market Value Share Analysis, By Caliber, 2018 and 2026
Figure 42: Asia Pacific Ammunition Market Value Share Analysis, By Application, 2018 and 2026
Figure 43: Asia Pacific Ammunition Market Value Share Analysis, By Country, 2018 and 2026
Figure 44: Asia Pacific Ammunition Market Attractiveness Analysis, By Type
Figure 45: Asia Pacific Ammunition Market Attractiveness Analysis, By Caliber
Figure 46: Asia Pacific Ammunition Market Attractiveness Analysis, By Application
Figure 47: Asia Pacific Ammunition Market Attractiveness Analysis, By Country
Figure 48: Middle East and Africa Ammunition Market Value Share Analysis, By Type, 2018 and 2026
Figure 49: Middle East and Africa Ammunition Market Value Share Analysis, By Caliber, 2018 and 2026
Figure 50: Middle East and Africa Ammunition Market Value Share Analysis, By Application, 2018 and 2026
Figure 51: Middle East and Africa Ammunition Market Value Share Analysis, By Country, 2018 and 2026
Figure 52: Middle East and Africa Ammunition Market Attractiveness Analysis, By Type
Figure 53: Middle East and Africa Ammunition Market Attractiveness Analysis, By Caliber
Figure 54: Middle East and Africa Ammunition Market Attractiveness Analysis, By Application
Figure 55: Middle East and Africa Ammunition Market Attractiveness Analysis, By Country
Figure 56: South America Ammunition Market Value Share Analysis, By Type, 2018 and 2026
Figure 57: South America Ammunition Market Value Share Analysis, By Caliber, 2018 and 2026
Figure 58: South America Ammunition Market Value Share Analysis, By Application, 2018 and 2026
Figure 59: South America Ammunition Market Value Share Analysis, By Country, 2018 and 2026
Figure 60: South America Ammunition Market Attractiveness Analysis, By Type
Figure 61: South America Ammunition Market Attractiveness Analysis, By Caliber
Figure 62: South America Ammunition Market Attractiveness Analysis, By Application
Figure 63: South America Ammunition Market Attractiveness Analysis, By Country
Figure 64: Global Ammunition Market Share Analysis, By Company (2017)
Figure 65: Company’s Revenue (US$ Mn), 2015-2017
Figure 66: Company’s Geographical Revenue (2017)
Figure 67: Company’s Revenue (US$ Mn), 2015-2017
Figure 68: Company’s Geographical Revenue (2017)
Figure 69: Company’s Revenue (US$ Mn), 2015-2017
Figure 70: Company’s Geographical Revenue (2017)
Figure 71: Company’s Revenue (US$ Mn), 2015-17
Figure 72: Company’s Geographical Revenue (2017)
Figure 73: Company’s Revenue (US$ Mn), 2015-17
Figure 74: Company’s Geographical Revenue (2017)
Figure 75: Company’s Revenue (US$ Mn), 2015-17
Figure 76: Company’s Geographical Revenue (2017)
Complete the form below and we'll get back to you shortly.