Arms Ammunition Market Size Worth USD 35.63 Billion By 2027


 The Global Arms & Ammunition Market is forecasted to be worth USD 35.63 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market growth include growing adoption of the Arms & Ammunition for self-defence, rising domestic insurgency & terrorist activities, increasing interest in bird-hunting, usage of the Arms & Ammunition in sports, and availability of the cost effective weapons with ammunition, to name a few.

Besides, extensive rise in the cross-border conflict, broadening the number of armed law enforcement troops & new taskforce battalions, and asymmetric warfare & intercountry border conflicts are some of the additional reasons behind the remarkable growth of the market. Also, reduced manufacturing costs of the guns with the help of 3D printing mechanisms, growing demand for the smart guns, and increasing usage of the polymer in the arms industry are some of the subordinate market propelling factors that create a huge breakthrough in the market growth.

Market Size – USD 24.30 billion in 2019, Market Growth - CAGR of 4.8%, Market Trends – Higher demand for the smart guns & its Arms & Ammunition

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Market Scope:

One of the report’s central components is the broad Arms Ammunition market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Arms Ammunition market players.

Competitive Terrain:

 

The Global Arms Ammunition Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold. The leading market contenders listed in the report are as follows:

·         Key players in the market Smith & Wesson Holding Corp., Freedom Group, Orbital ATK, Sturm, Ruger, & Co., Inc., American Outdoor Brand Corporation, Thales Group, Lockheed Martin, General Dynamics Corporation, Beretta S.p.A., and Raytheon Company, among others.

For the purpose of this report, Emergen Research has segmented into the global Arms & Ammunition Market on the basis of Type, End Users, Caliber, Technology, Lethality, Component, Materials Used, and Region:

Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

·         Arms

1.      Pistols

2.      Revolvers

3.      Rifles

4.      Machine Guns

5.      Shotguns

6.      Carbines

7.      Others

·         Ammunition

1.      Bullets

2.      Aerial Bombs

3.      Grenades

4.      Artillery Shells

5.      Mortars

6.      Launchers

7.      Others

End Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

·         Military

·         Law Enforcement

·         Hunting

·         Sports

·         Self-defense

Caliber Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

·         Small

1.      9mm

2.      56mm

3.      62mm

4.      7mm

5.      .338 Lapua Magnum

6.      .338 Norma Magnum

7.      5mm

8.      Others

·         Medium

1.      20mm

2.      25mm

3.      30mm

4.      40mm

5.      Others

·         High

1.      60mm

2.      81mm

3.      120m

4.      155mm

5.      Others

Technology Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

·         Guided

·         Unguided

Lethality Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

·         Lethal

·         Less-lethal

Component Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

·         Fuzes & Primers

·         Propellants

·         Bases

·         Projectiles and Warheads

·         Others

Materials Used Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

·         Steel

·         Aluminum

·         Polymer

·         Others

Regional Analysis of the Market:

•North America (U.S., Canada)

•Europe (U.K., Italy, Germany, France, Rest of EU)

•Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

•Latin America (Chile, Brazil, Argentina, Rest of Latin America)

•Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Further key findings from the report suggest

·         In November 2019, Nammo declared an acquisition of the Chemring Ordnance which is a subsidiary company of Chemring Group, would help Nammo strengthen its manufacturing capabilities in the United States.

·         The polymer sub-segment is growing with the fastest CAGR of 6.3% owing to its higher efficiency in the manufacturing with 3D printing techniques and reduction in the overall costing with higher applicability in the sports and hunting purposes.

·         The regions in the Asia Pacific lead by China, India, Pakistan, and South & North Korea are allotting a considerable budget for their defense & law enforcement grooming purposes. Besides, growing incidences of interpersonal stand-offs, asymmetric warfare, terrorist activities, domestic violence, along with higher economic development and enhancement in the manufacturing industry, deliberately help propel market enforcement.

 

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The Arms Ammunition Market report also includes an investment analysis and growth trend analysis to help readers maximize their return on investment. It highlights the growth opportunities existing in the global Arms Ammunition market segments. It offers an extensive investigation of the import-export status and the rates of production and consumption. The Arms Ammunition Market report also provides some of the essential market aspects to draw a forecast for the coming years based on the information derived as part of the historical analysis and an analysis of the current market scenario.

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About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

 

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