The Global Ammunition Market is forecasted to be worth USD 28.81 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market growth include growing adoption of the ammunition for self-defense, rising domestic violence & terrorist activities, increasing interests in bird-hunting, usage of the ammunition in sports, and availability of the cost effective weapons with ammunition, to name a few.
Furthermore, the latest document is furnished with the current market scenario impacted by the COVID-19 pandemic. It gradually unfolds the pandemic’s adverse economic effects on this business sector. The lethal viral outbreak has cost countless lives worldwide, alongside causing major disruptions to the global economy and this particular industry. The report highlights the leading competitors in this sector, the present financial standing of the market, the global supply chains, sales & distribution channels, and the profound impact of the COVID-19 restrictions on this market. The study further discovers numerous business-centric strategies implemented by the key players to gain robust traction globally.
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Key companies operating in the Ammunition market include:
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., Raytheon Company
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Ammunition market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Ammunition Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Ammunition Market Segmentation:
Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Bullets
- Aerial Bombs
- Grenades
- Artillery Shells
- Mortars
- Launchers
- Others
- Total
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
- 9mm
- 56mm
- 62mm
- 7mm
- .338 Lapua Magnum
- .338 Norma Magnum
- 5mm
- Others
- Medium
- 20mm
- 25mm
- 30mm
- 40mm
- Others
- High
- 60mm
- 81mm
- 120m
- 155mm
- Others
- Small
Ammunition Market Segmentation by Regions:
- 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)
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