WILMINGTON, NEW CASTLE, DE, UNITED STATES, January 5, 2025 /EINPresswire.com/ -- A recent report by Allied Market Research titled "Ammunition Market Size, Share, Competitive Landscape and Trend Analysis Report by Product Type (Centrefire, RimFire), by Caliber Size (Small, Medium, Large, Others), by Application (Defense, Civil and commercial): Global Opportunity Analysis and Industry Forecast, 2021-2031."
The global ammunition market size was valued at $22 billion in 2021, and is projected to reach $31.7 billion by 2031, growing at a CAGR of 3.9% from 2022 to 2031.
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ ๐๐ก๐ ๐๐ญ๐ฎ๐๐ฒ :
The centrefire sub-segment led the global market in 2021, with the rimfire sub-segment expected to be the fastest-growing sub-segment.
The small caliber size sub-segment emerged as the global leader in 2021, with the fastest growth predicted in the upcoming years.
The defense sub-segment dominated the global market in 2021, while the civil & commercial sub-segment is expected to be the fastest-growing sub-segment during the forecast period.
The Asia-Pacific market held the highest market share in 2021 and is projected to maintain this position during the forecast period.
๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/10025
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
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.
The ammunition market in the military and defense sector is heavily influenced by government spending on defense operations. Countries that invest heavily in their defense and military capabilities tend to have a higher demand for ammunition. The demand for ammunition in the military and defense sector is also influenced by factors such as geopolitical tensions, technological advancements, and changes in military strategies. Additionally, factors like advancements in the production process, materials used in the manufacture of ammunition, and advancements in the design of ammunition also affect the market in the military and defense sector.
However, ammunition production faces challenges, including the availability of raw materials such as lead, copper, and brass. Disruptions in the supply chain for these materials can lead to production bottlenecks and price fluctuations. Manufacturers must carefully monitor the supply chain to ensure a consistent supply of these critical materials.
The ammunition market has experienced growth due to increased demand for firearms and ammunition for various purposes, including self-defense, hunting, sports shooting, military, and law enforcement operations. Factors such as urbanization, rising crime rates, and a greater emphasis on personal security have contributed to this demand. The popularity of shooting sports like target shooting and hunting has also fueled market growth. Additionally, the global demand for ammunition from military and law enforcement agencies has been a significant driver of market growth. The market is heavily regulated, and changes in legislation, political instability, and economic conditions can impact its growth.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/ammunition-market/purchase-options
The global ammunition market is segmented based on product type, caliber size, application, and region. By product type, it is classified into centrefire and rimfire. By caliber size, it is classified into small, medium, large, and others. By application, it is classified into defense and civil & commercial. The market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report provides a comprehensive analysis of global ammunition market trends, including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players contributing to market growth. It also highlights present scenarios, upcoming trends & developments, and challenges that could obstruct market growth. The report includes a Porter's five forces analysis to elucidate factors such as the competitive landscape, bargaining power of buyers and suppliers, threats of new players, and emergence of substitutes in the market.
๐๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐๐จ๐ฏ๐ข๐-๐๐ ๐จ๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ :
The pandemic disrupted supply chains, making it difficult for ammunition manufacturers to obtain raw materials, leading to shortages and price increases. Some countries restricted the import and export of firearms and ammunition during the pandemic, affecting the ammunition market. The pandemic also impacted demand for ammunition in the military and law enforcement sectors, with resources being reallocated to pandemic response, resulting in decreased demand for ammunition in these sectors. Social distancing norms, closed borders, and production constraints across various countries affected the global market, including in China, India, and the U.S.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/10025
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
Military Parachute Market :
https://www.globenewswire.com/news-release/2022/11/11/2554299/0/en/Military-Parachute-Market-to-Hit-2-0-Billion-by-2031-Says-Allied-Market-Research.html
Firefighting Drone Market :
https://www.globenewswire.com/en/news-release/2022/11/08/2550530/0/en/Firefighting-Drone-Market-Size-to-Garner-2-4-Billion-by-2031-Allied-Market-Research.html
Ballistic Protection Market :
https://www.prnewswire.com/news-releases/ballistic-protection-market-to-reach-26-1-billion-by-2031-at-6-8-cagr-allied-market-research-301732425.html
The global ammunition market size was valued at $22 billion in 2021, and is projected to reach $31.7 billion by 2031, growing at a CAGR of 3.9% from 2022 to 2031.
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ ๐๐ก๐ ๐๐ญ๐ฎ๐๐ฒ :
The centrefire sub-segment led the global market in 2021, with the rimfire sub-segment expected to be the fastest-growing sub-segment.
The small caliber size sub-segment emerged as the global leader in 2021, with the fastest growth predicted in the upcoming years.
The defense sub-segment dominated the global market in 2021, while the civil & commercial sub-segment is expected to be the fastest-growing sub-segment during the forecast period.
The Asia-Pacific market held the highest market share in 2021 and is projected to maintain this position during the forecast period.
๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/10025
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
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.
The ammunition market in the military and defense sector is heavily influenced by government spending on defense operations. Countries that invest heavily in their defense and military capabilities tend to have a higher demand for ammunition. The demand for ammunition in the military and defense sector is also influenced by factors such as geopolitical tensions, technological advancements, and changes in military strategies. Additionally, factors like advancements in the production process, materials used in the manufacture of ammunition, and advancements in the design of ammunition also affect the market in the military and defense sector.
However, ammunition production faces challenges, including the availability of raw materials such as lead, copper, and brass. Disruptions in the supply chain for these materials can lead to production bottlenecks and price fluctuations. Manufacturers must carefully monitor the supply chain to ensure a consistent supply of these critical materials.
The ammunition market has experienced growth due to increased demand for firearms and ammunition for various purposes, including self-defense, hunting, sports shooting, military, and law enforcement operations. Factors such as urbanization, rising crime rates, and a greater emphasis on personal security have contributed to this demand. The popularity of shooting sports like target shooting and hunting has also fueled market growth. Additionally, the global demand for ammunition from military and law enforcement agencies has been a significant driver of market growth. The market is heavily regulated, and changes in legislation, political instability, and economic conditions can impact its growth.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/ammunition-market/purchase-options
The global ammunition market is segmented based on product type, caliber size, application, and region. By product type, it is classified into centrefire and rimfire. By caliber size, it is classified into small, medium, large, and others. By application, it is classified into defense and civil & commercial. The market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report provides a comprehensive analysis of global ammunition market trends, including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players contributing to market growth. It also highlights present scenarios, upcoming trends & developments, and challenges that could obstruct market growth. The report includes a Porter's five forces analysis to elucidate factors such as the competitive landscape, bargaining power of buyers and suppliers, threats of new players, and emergence of substitutes in the market.
๐๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐๐จ๐ฏ๐ข๐-๐๐ ๐จ๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ :
The pandemic disrupted supply chains, making it difficult for ammunition manufacturers to obtain raw materials, leading to shortages and price increases. Some countries restricted the import and export of firearms and ammunition during the pandemic, affecting the ammunition market. The pandemic also impacted demand for ammunition in the military and law enforcement sectors, with resources being reallocated to pandemic response, resulting in decreased demand for ammunition in these sectors. Social distancing norms, closed borders, and production constraints across various countries affected the global market, including in China, India, and the U.S.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/10025
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
Military Parachute Market :
https://www.globenewswire.com/news-release/2022/11/11/2554299/0/en/Military-Parachute-Market-to-Hit-2-0-Billion-by-2031-Says-Allied-Market-Research.html
Firefighting Drone Market :
https://www.globenewswire.com/en/news-release/2022/11/08/2550530/0/en/Firefighting-Drone-Market-Size-to-Garner-2-4-Billion-by-2031-Allied-Market-Research.html
Ballistic Protection Market :
https://www.prnewswire.com/news-releases/ballistic-protection-market-to-reach-26-1-billion-by-2031-at-6-8-cagr-allied-market-research-301732425.html
David Correa
Allied Market Research
+1 800-792-5285
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