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Military Ammunition Market Size, Share Global Analysis Report, 2019 – 2027

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Military Ammunition Market By Product (Bullets, Mortar Ammunition, Aerial Bombs, Artillery Shells, and Grenades), By Category (Ball, Full Metal Jacket, Armor Piercing, and Jacketed Hollow Point), By Application (Training and Combat), and By Size (Small Caliber, Large Caliber, and Medium Caliber): Global Industry Perspective, Comprehensive Analysis, and Forecast 2019 – 2027

Industry Insights

The report covers the forecast and analysis of the Military Ammunition market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the Military Ammunition market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Military Ammunition market on a global level.

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In order to give the users of this report a comprehensive view of the Military Ammunition market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new service & product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the Military Ammunition market by segmenting the market based on product, category, application, size, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The massive launching of initiatives pertaining to the modernization of defense activities across major countries is set to push the expansion of the military ammunition industry during the forecast timeline. Apart from this, many countries are trying to fulfill their military needs along with competing for military exports with other countries. This, in turn, will nurture the market surge during the forecast timeline. Nevertheless, firearms trafficking will restrict the growth of the industry during the forecast timeline. However, the rise in the number of global defense suppliers will offer new growth avenues for the market during the period from 2019 to 2027.

logoReport Scope

Report Attribute

Details

Market Size in 2019

USD 15,708 Million

Projected Market Size in 2027

USD 21,287 Million

Growth Rate

CAGR 3.5%

Base Year

2017

Forecast Years

2018-2027

Key Market Players

BAE Systems, CBC Global Ammunition, Federal Ammunition, General Dynamics Ordnance, and Tactical Systems, Lockheed Martin Corporation, Nammo AS, Nexter group KNDS, Northrop Grumman Corporation, Olin Corporation, Poongsan Corporation, Rheinmetall AG, RUAG Group, VISTA OUTDOOR OPERATIONS LLC., Winchester Ammunition, Black Hills Ammunition, Hornady and Others

Key Segment

By Product, By Category, By Application, By Size and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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logoCompetitive Landscape

  • BAE Systems
  • CBC Global Ammunition
  • Federal Ammunition
  • General Dynamics Ordnance and Tactical Systems
  • Lockheed Martin Corporation
  • Nammo AS
  • Nexter group KNDS
  • Northrop Grumman Corporation
  • Olin Corporation
  • Poongsan Corporation
  • Rheinmetall AG
  • RUAG Group
  • VISTA OUTDOOR OPERATIONS LLC.
  • Winchester Ammunition
  • Black Hills Ammunition
  • Hornady

Key Segment

By Product, By Category, By Application, By Size and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

Request customized purchase options to meet your research needs. Explore purchase options

Based on the product, the market for military ammunition is segregated into Bullets, Mortar Ammunition, Aerial Bombs, Artillery Shells, and Grenades. On the basis of category, the market is divided into Ball, Full Metal Jacket, Armor Piercing, and Jacketed Hollow Point. Application-wise, the military ammunition industry is classified into Training and Combat. In terms of size, the market is segmented into Small Caliber, Large Caliber, and Medium Caliber.

 

Industry Major Market Players

  • BAE Systems, 
  • CBC Global Ammunition, 
  • Federal Ammunition, 
  • General Dynamics Ordnance Tactical Systems, 
  • Lockheed Martin Corporation, 
  • Nammo AS, 
  • Nexter group KNDS, 
  • Northrop Grumman Corporation, 
  • Olin Corporation, 
  • Poongsan Corporation, 
  • Rheinmetall AG, 
  • RUAG Group, 
  • VISTA OUTDOOR OPERATIONS LLC., 
  • Winchester Ammunition, 
  • Black Hills Ammunition, 
  • Hornady.

Frequently Asked Questions

Massive expenditure on military ammunition is set to remain persistent over the forecast timeline owing to the continuous obtaining of these defense products by major defense spending nations involved in wars as well as developing countries involved in regional disputes and countering insurgencies.
The growth of the industry over the forecast timeline owes to an increase in the number of terrorist threats in the OECD countries resulting in the deaths of innocent civilians.
According to the report, the global military ammunition market is predicted to be valued at approximately USD 15,708 million in 2018 and is expected to reach a value of around USD 21,287 million by 2027, at a CAGR of around 3.5 % between 2019 and 2027.
The global Military Ammunition Market is expected to witness the highest growth in the Middle East.
Some of the key players in the market include BAE Systems, CBC Global Ammunition, Federal Ammunition, General Dynamics Ordnance, and Tactical Systems, Lockheed Martin Corporation, Nammo AS, Nexter group KNDS, Northrop Grumman Corporation, Olin Corporation, Poongsan Corporation, Rheinmetall AG, RUAG Group, VISTA OUTDOOR OPERATIONS LLC., Winchester Ammunition, Black Hills Ammunition, and Hornady.