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Ammunition Industry Data Book - Small Caliber Ammunition, Medium Caliber Ammunition and Large Caliber Ammunition Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030
The economic value generated by the ammunition industry was estimated at approximately USD 22.96 billion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of ammunition materials, distribution & supply, and end-use of ammunition.
Ammunition Industry Data Book Coverage-
Ammunition Industry Data Book Coverage Snapshot
Markets Covered | |
Ammunition Industry | |
Ammunition Market Size USD 2.96 billion in 2022 3.1% CAGR (2023-2030) | Small Caliber Ammunition Market Size USD 11.93 billion in 2022 3.7% CAGR (2023-2030) |
Medium Caliber Ammunition Market Size USD 3.56 billion in 2022 2.9% CAGR (2023-2030) | Large Caliber Ammunition Market Size USD 5.12 billion in 2022 1.9% CAGR (2023-2030) |
Custom U.S. Small Caliber Ammunition Management Market Size USD 4.81 billion in 2022 3.3% CAGR (2023-2030) | |
Access the Global Ammunition Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies
Small & Medium Caliber Ammunition Market Growth & Trends
The global small & medium caliber ammunition market size is projected to reach USD 12.74 billion by 2027 registering a CAGR of 4.2%, according to a new report by Grand View Research, Inc. Rise in arms and ammunition purchasing due to increasing geopolitical tensions is expected to drive the demand for small & medium caliber ammunition over the forecast period. Rising global incidences of armed conflicts and terrorism have driven the major key economies to strengthen their defenses including military, air force, and navy, which is expected to have a positive impact on product demand.
Moreover, geopolitical situation including cross-border insurgency and boundary disputes between the major economies around the world is likely to influence the market on a positive note over the projected years. Increasing demand for handguns for self-defense, local law-enforcement ammunition, and replacement of outdated ammunition with advanced ones are also some of the significant factors that are propelling the market growth.
Order your copy of the Free Sample of “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
Competitive Landscape
Key players operating in the ammunition industry are –
- Northrop Grumman Corporation
- FN Herstal
- Olin Corporation
- General Dynamics Corporation
- BAE Systems, Inc.
- Rheinmetall Defense
- Nexter KNDS Group
- Hanwha Corporation
- ST Engineering
- Remington Arms Company LLC
- Vista Outdoor Operations LLC
- Chemring Group Plc
- MaxamCorp Holding SL
Grand View Research’s ammunition Industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
Check out more Industry Data Books, published by Grand View Research
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.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
