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Ammunition Industry Data Book Covers Small Caliber Ammunition, Medium Caliber Ammunition and Large Caliber Ammunition Markets.
The economic value generated by theammunition industrywas estimated at approximately USD 22.96 billion in 2022.
Grand View Researchs ammunition industry data book is a collection of market sizing information forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.
Ammunition Market Insights
The global ammunition market size was estimated at USD 58.28 billion in 2022 and is expected todecline at a compound annual growth rate (CAGR) of -5.6% from 2023 to 2030.
The small caliber ammunition segment accounted for about 27.9% share of the global revenue in 2022. This trend is attributed to a wide array of small caliber ammunition applications including shotgun pistols, assault rifles, rifles, and revolvers. Also, it is likely to witness the fastest growth due to increasing demand from security forces to tackle the rising instances of armed conflicts.
The centerfire small ammunition products segment led the market and accounted for about 70.8% share of the global revenue in 2022. Centerfire ammunition is usually used for rifles, shotguns, and handguns. In centerfire ammunition, the primer is placed in the center of the casing base. This type of ammunition is reloadable and hence is the most common type of cartridge used.
The defense end-use segment led the market and accounted for about 88.1% of the global ammunition market revenue in 2022. In addition, this segment is expected to maintain its dominance over the forecast period. Increasing cross-border conflicts have fueled the growth of the bullets market across the globe. Moreover, rising geopolitical tension and terrorist activities are expected to increase the penetration of products.
Access the Global Ammunition Industry Data Book, 2022 to 2030, compiled with details like market sizing information forecasts, trade data, pricing intelligence, competition benchmarking, macro-environmental analyses, and regulatory technological framework studies
Small Caliber Ammunition Market Insights
The global small caliber ammunition market size was valued at USD 12.09 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of - 0.7% from 2022 to 2030.
The 5.56 45 mm segment dominated the market and held a revenue share of over 45.0% in 2021. The 7.62 39 mm segment is expected to expand at a CAGR of 2.6% over the forecast period. The product remains popular among military personnel and private gun owners in America. The easy availability and low cost of the 7.62 39 mm segment propel its use in hunting. In addition, its high knockdown power, moderate recoil, and weight of around 8 grams further promote its demand.
The defense segment accounted for the largest revenue share of over 70.0% in 2021 and is expected to dominate the market over the forecast period owing to the increasing demand from prominent military across the globe. Growing demand for the procurement of ammunition in light of increasing political and territorial tensions across the globe is expected to drive the demand for small caliber ammunition.
Ammunition Market Global Industry Segmentation
Ammunition Market Analysis, By Caliber, 2018 - 2030 (Revenue, USD Million)
Caliber Movement Analysis Market Share, 2022 2030
Market Estimates and Forecasts By Caliber, 2018 - 2030 (USD Million)
- Civil Commercial
- Sports
- Hunting
- Self Defense
- Defense
- Military
- Law Enforcement
Small Caliber Ammunition Market Analysis, By Caliber, 2018 - 2030 (Revenue, USD Million)
Caliber Movement Analysis Market Share, 2022 2030
Market Estimates and Forecasts By Caliber, 2018 - 2030 (USD Million)
- 5.56 mm
- 7.62 mm
- 9 mm
- Other Calibers
U.S. Small Caliber Ammunition Market Analysis, By Caliber, 2018 - 2030 (Revenue, USD Million)
Caliber Movement Analysis Market Share, 2022 2030
Market Estimates and Forecasts By Caliber, 2018 - 2030 (USD Million)
- 5.56 mm
- .308 Winchester
- 6.5 Creedmoor
- 6mm ARC
- 300 Norma Mag
- 338 Norma Mag
U.S. Small Caliber Ammunition Market Analysis, By Component, 2018 - 2030 (Revenue, USD Million)
Component Movement Analysis Market Share, 2022 2030
Market Estimates and Forecasts By Component, 2018 - 2030 (USD Million)
- Brass
- Primers
- Propellant Powder
- Projectiles
Order your copy of the Free Sampleof Ammunition Industry Data Book - Small Caliber Ammunition, Medium Caliber Ammunition and Large Caliber Ammunition Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030 Data Book, published by Grand View Research
Ammunition Industry Data Book Regional Outlook
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Spain
- Russia
- Turkey
- Czech Republic
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Australia
- Latin America
- Brazil
- Argentina
- Middle East Africa (MEA)
- United Arab Emirates
- Saudi Arabia
Ammunition Industry Data Book Competitive Landscape
These players also conduct business with government customers across the globe with primary subsidiary operations in Canada, Mexico, Brazil, France, Germany, Italy, Mexico, Spain, the UK, Switzerland, and Australia.
Key players operating in the ammunition industry are
- General Dynamic Corporation
- Northrop Grumman
- BAE Systems
- Generate
Go through thetable of content of Ammunition Industry Data Bookto get a better understanding of the Coverage Scope of the study
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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