Ammunition Global Market Report 2025

Ammunition Global Market Report 2025 – By Product (Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars), By Caliber (Small, Medium, Large, Other Calibers), By Guidance Mechanism (Non-guided, Guided), By Application (Defense, Less-lethal) – Market Size, Trends, And Global Forecast 2025-2034

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Ammunition Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Ammunition Market Definition

The ammunition refer to materials such as bullets, rockets, bombs, shrapnel, or shells that are fired, scattered, dropped, or detonated from any weapons. Ammunition comes in a range of types and sizes that are often designed to work only in specific weapon systems. Ammunition is a disposable weapon as well as the components of other weapons that produce the effect on a target.

The main products of ammunition include bullets, aerial bombs, grenades, artillery shells, and mortars. Bullets refer to the kinetic projectile, a part of firearm ammunition that is shot from a gun barrel. Bullets are made of different materials such as lead, copper, steel, polymer, wax, and rubber. The small, medium, large, and other caliber ammunitions are used in equipment with a different operating mechanism which includes a non-guided and guided mechanism. They are used for both defense and civil & commercial applications.

Ammunition Market Segmentation

The ammunition market covered in this report is segmented –

1) By Product: Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars

2) By Caliber: Small, Medium, Large, Other Calibers

3) By Guidance Mechanism: Non-guided, Guided

4) By Application: Defense, Less-lethal

Subsegments:

1) By Bullets: Centerfire Bullets, Rimfire Bullets, Hollow Point Bullets, Full Metal Jacket Bullets, Tracer Bullets

2) By Aerial Bombs: Guided Bombs, Unguided Bombs, Cluster Bombs, Incendiary Bombs

3) By Grenades: Fragmentation Grenades, Smoke Grenades, Stun Grenades, Tear Gas Grenades

4) By Artillery Shells: High-Explosive Shells, Guided Artillery Shells, Smoke Shells, Illuminating Shells

5) By Mortars: Mortar Bombs, Illumination Mortar Shells, Smoke Mortar Shells, High-Explosive Mortar Shells

Ammunition Market Size and growth rate 2025 to 2029: Graph

Ammunition Market Size 2025 And Growth Rate

The ammunition market size has grown strongly in recent years. It will grow from $28.43 billion in 2024 to $30.29 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to military modernization, global defense budgets, increased terrorism threats, weapon system upgrades, regional security concerns, law enforcement needs.

Ammunition Market Growth Forecast

The ammunition market size is expected to see strong growth in the next few years. It will grow to $40.31 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to modern warfare requirements, counterterrorism operations, cybersecurity concerns, global arms trade, civil unrest and public safety. Major trends in the forecast period include non-lethal ammunition, propellant and casing technologies, sustainable practices in ammunition manufacturing, miniaturization of ammunition, enhanced training ammunition.

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Ammunition Market Driver: Increased Defense Expenditure Fuels Growth In The Ammunition Market h

Increased defense expenditure is expected to propel the growth of the ammunition market going forward. Defense expenditure refers to the budget allocated by a government for maintaining and enhancing its national defense and military capabilities. Defense expenditure is increasing due to rising geopolitical tensions, the need for military modernization, growing counter-terrorism efforts, and the emergence of new security threats like cybersecurity and space defense. Defense expenditure for ammunition funds the purchase, development, and maintenance of munitions to support military training, operations, and combat readiness. For instance, in May 2024, according to the UK Parliament, a UK-based governing body, in the 2023/24 financial year, the UK allocated £54.2 billion (approximately $66.4 billion) to defense spending. This figure is expected to rise to £57.1 billion (about $69.4 billion) in 2024/25, reflecting a 4.5% increase in real terms. Therefore, increased defense expenditure is driving the growth of the ammunition market.

Ammunition Market Driver: Impact Of Rising Terrorist Activities On Ammunition Market Growth

The rise in the number of terrorist activities propelled the growth of the ammunition market. Terrorist activities involve the use of violence or intimidation to achieve political, religious, or ideological goals by targeting civilians or creating fear within a population. Terrorist activities can bolster the demand for ammunition by fostering conflict and creating a need for defense and security measures. For instance, in March 2023, according to a report of the Global Terrorism Index (GTI) 2023, an Australia-based Institute for Economics and Peace, terrorist attacks have grown increasingly lethal, resulting in an average of 26% more fatalities per incident. The mortality rate per attack surged to 1.7 individuals in 2022, contrasting with 1.3 deaths per attack in 2021. Sub-Saharan Africa experienced the most notable upsurge in casualties due to terrorism in 2022. Conflict zones bore the brunt of these incidents, with over 88% of terror attacks and 98% of fatalities concentrated within these areas throughout 2022. Therefore, the rise in the number of terrorist activities is expected to boost demand for ammunition during the forecast period.

Global Ammunition Market Major Players

Major companies operating in the ammunition market include General Dynamics Corporation, Northrop Grumman Corporation, CBC Global Ammunition, Lapua Ammunition, Olin Corporation, Alliant Techsystems Inc., Vista Outdoor Inc., Ruag Ammotec, Nammo AS, Remington Arms Company, Fiocchi Munizioni S.p.A., Magpul Industries (Magpul Ammunition), Browning Ammunition, Hornady Manufacturing Company, Norma Precision AB, Nosler Inc., Black Hills Ammunition, Barnes Bullets LLC, PMC Ammunition, Dynamic Research Technologies, Underwood Ammunition, Atomic Ammunition, Buffalo Bore Ammunition, DoubleTap Ammunition, ELEY (ELEY Ammunition), Aguila Ammunition, GECO Ammunition, PolyCase Ammunition, SBR Ammunition, SIG Sauer (SIG Sauer Ammunition), Dynamic Munitions

Global Ammunition Market Trend: Focus On Research And Development Initiatives Enhanced Ammunition Market

The research and development activity to develop advanced ammunition is a key trend in the ammunition market. Key players and related stakeholders are increasingly focusing on research and development activities to advance the ammunition. The rising incidences of armed international conflicts have directed several countries to enhance their military strengths through the procurement of advanced ammunition and equipment. As a result of this, the defense expenditure for ammunition procurement and research and development activities have increased significantly across the globe over the past few years. For instance, in February 2024, The Adani Group, an India-based diversified conglomerate with operations spanning multiple sectors, recently inaugurated India's first private sector ammunition and missile manufacturing complex in Kanpur, Uttar Pradesh. to bolster both security and economic growth. The complex aims to produce high-quality small, medium, and large caliber ammunition, fulfilling about 25% of India's annual requirements.

Global Ammunition Market Trend: Advanced Luminescent Solutions Revolutionizing Ammunition Market Presence

Major companies operating in the ammunition market are focusing on developing advanced luminescent technology solutions to address increasing demands for enhanced visibility and accuracy in low-light environments. Advanced luminescent technology solutions encompass cutting-edge innovations utilizing light emission for various applications, from displays to medical imaging. For instance, in July 2022, AMMO Inc., a US-based provider of high-performance ammunition and components, introduced the Green Streak, a patented one-way luminous round that uses a special one-way luminescent technology to symbolize the next advancement in visible ammunition. This non-incendiary system, in contrast to earlier models, does not depend on fireworks to provide light throughout the projectile's trajectory. Rather, IT uses a unique non-toxic compound that effectively flash-charges the projectile's rear by capturing the light created when gunpowder is ignited.

Ammunition Market Merger And Acquisition: CBC Global Ammunition Expands Capabilities With SinterFire Acquisition

In August 2023, CBC Global Ammunition, a Brazil-based ammunition manufacturer, acquired SinterFire for an undisclosed amount. This acquisition strengthens CBC Brazil's commitment to advancing innovation and excellence in the ammunition sector, reinforcing its position as a premier global provider of high-quality ammunition solutions. Moreover, IT enables the acceleration of pioneering, environmentally conscious ammunition solutions. Through the consolidation of resources and expertise, IT is positioned to achieve substantial progress in molding the future of ammunition. SinterFire Inc. is a US-based company that manufactures proprietary frangible-free ammunition projectiles and advanced bullet technology.

Regional Outlook For The Global Ammunition Market

North America was the largest region in the ammunition market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ammunition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the ammunition market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Ammunition Market?

The ammunition market consists of sales of ammunition components such as primers, cartridge cases and propellant powders. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Ammunition Industry?

The ammunition market research report is one of a series of new reports from The Business Research Company that provides ammunition market statistics, including ammunition industry global market size, regional shares, competitors with an ammunition market share, detailed ammunition market segments, ammunition market trends and opportunities, and any further data you may need to thrive in the ammunition industry. This ammunition market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Ammunition Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$30.29 billion
Revenue Forecast In 2034	$40.31 billion
Growth Rate	CAGR of 7.4% from 2024 to 2033
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Product: Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars 2) By Caliber: Small, Medium, Large, Other Calibers 3) By Guidance Mechanism: Non-guided, Guided 4) By Application: Defense, Less-lethal Subsegments: 1) By Bullets: Centerfire Bullets, Rimfire Bullets, Hollow Point Bullets, Full Metal Jacket Bullets, Tracer Bullets 2) By Aerial Bombs: Guided Bombs, Unguided Bombs, Cluster Bombs, Incendiary Bombs 3) By Grenades: Fragmentation Grenades, Smoke Grenades, Stun Grenades, Tear Gas Grenades 4) By Artillery Shells: High-Explosive Shells, Guided Artillery Shells, Smoke Shells, Illuminating Shells 5) By Mortars: Mortar Bombs, Illumination Mortar Shells, Smoke Mortar Shells, High-Explosive Mortar Shells
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	General Dynamics Corporation, Northrop Grumman Corporation, CBC Global Ammunition, Lapua Ammunition, Olin Corporation, Alliant Techsystems Inc., Vista Outdoor Inc., Ruag Ammotec, Nammo AS, Remington Arms Company, Fiocchi Munizioni S.p.A., Magpul Industries (Magpul Ammunition), Browning Ammunition, Hornady Manufacturing Company, Norma Precision AB, Nosler Inc., Black Hills Ammunition, Barnes Bullets LLC, PMC Ammunition, Dynamic Research Technologies, Underwood Ammunition, Atomic Ammunition, Buffalo Bore Ammunition, DoubleTap Ammunition, ELEY (ELEY Ammunition), Aguila Ammunition, GECO Ammunition, PolyCase Ammunition, SBR Ammunition, SIG Sauer (SIG Sauer Ammunition), Dynamic Munitions
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Ammunition Market Characteristics

3. Ammunition Market Trends And Strategies

4. Ammunition Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

5. Global Ammunition Growth Analysis And Strategic Analysis Framework

5.1. Global Ammunition PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Ammunition Market Growth Rate Analysis

5.4. Global Ammunition Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Ammunition Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Ammunition Total Addressable Market (TAM)

6. Ammunition Market Segmentation

6.1. Global Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Bullets

Aerial Bombs

Grenades

Artillery Shells

Mortars

6.2. Global Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Small

Medium

Large

Other Calibers

6.3. Global Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Non-guided

Guided

6.4. Global Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Defense

Less-lethal

6.5. Global Ammunition Market, Sub-Segmentation Of Bullets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Centerfire Bullets

Rimfire Bullets

Hollow Point Bullets

Full Metal Jacket Bullets

Tracer Bullets

6.6. Global Ammunition Market, Sub-Segmentation Of Aerial Bombs, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Guided Bombs

Unguided Bombs

Cluster Bombs

Incendiary Bombs

6.7. Global Ammunition Market, Sub-Segmentation Of Grenades, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Fragmentation Grenades

Smoke Grenades

Stun Grenades

Tear Gas Grenades

6.8. Global Ammunition Market, Sub-Segmentation Of Artillery Shells, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

High-Explosive Shells

Guided Artillery Shells

Smoke Shells

Illuminating Shells

6.9. Global Ammunition Market, Sub-Segmentation Of Mortars, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Mortar Bombs

Illumination Mortar Shells

Smoke Mortar Shells

High-Explosive Mortar Shells

7. Ammunition Market Regional And Country Analysis

7.1. Global Ammunition Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Ammunition Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Ammunition Market

8.1. Asia-Pacific Ammunition Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Ammunition Market

9.1. China Ammunition Market Overview

9.2. China Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Ammunition Market

10.1. India Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Ammunition Market

11.1. Japan Ammunition Market Overview

11.2. Japan Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Ammunition Market

12.1. Australia Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Ammunition Market

13.1. Indonesia Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Ammunition Market

14.1. South Korea Ammunition Market Overview

14.2. South Korea Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Ammunition Market

15.1. Western Europe Ammunition Market Overview

15.2. Western Europe Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Ammunition Market

16.1. UK Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Ammunition Market

17.1. Germany Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Ammunition Market

18.1. France Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Ammunition Market

19.1. Italy Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Ammunition Market

20.1. Spain Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Ammunition Market

21.1. Eastern Europe Ammunition Market Overview

21.2. Eastern Europe Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Ammunition Market

22.1. Russia Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Ammunition Market

23.1. North America Ammunition Market Overview

23.2. North America Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Ammunition Market

24.1. USA Ammunition Market Overview

24.2. USA Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Ammunition Market

25.1. Canada Ammunition Market Overview

25.2. Canada Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Ammunition Market

26.1. South America Ammunition Market Overview

26.2. South America Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Ammunition Market

27.1. Brazil Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Ammunition Market

28.1. Middle East Ammunition Market Overview

28.2. Middle East Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Ammunition Market

29.1. Africa Ammunition Market Overview

29.2. Africa Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Ammunition Market Competitive Landscape And Company Profiles

30.1. Ammunition Market Competitive Landscape

30.2. Ammunition Market Company Profiles

30.2.1. General Dynamics Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Northrop Grumman Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.3. CBC Global Ammunition Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Lapua Ammunition Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Olin Corporation Overview, Products and Services, Strategy and Financial Analysis

31. Ammunition Market Other Major And Innovative Companies

31.1. Alliant Techsystems Inc.

31.2. Vista Outdoor Inc.

31.3. Ruag Ammotec

31.4. Nammo AS

31.5. Remington Arms Company

31.6. Fiocchi Munizioni S.p.A.

31.7. Magpul Industries (Magpul Ammunition)

31.8. Browning Ammunition

31.9. Hornady Manufacturing Company

31.10. Norma Precision AB

31.11. Nosler Inc.

31.12. Black Hills Ammunition

31.13. Barnes Bullets LLC

31.14. PMC Ammunition

31.15. Dynamic Research Technologies

32. Global Ammunition Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Ammunition Market

34. Recent Developments In The Ammunition Market

35. Ammunition Market High Potential Countries, Segments and Strategies

35.1 Ammunition Market In 2029 - Countries Offering Most New Opportunities

35.2 Ammunition Market In 2029 - Segments Offering Most New Opportunities

35.3 Ammunition Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Ammunition Market, Sub-Segmentation Of Bullets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Ammunition Market, Sub-Segmentation Of Aerial Bombs, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Ammunition Market, Sub-Segmentation Of Grenades, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Ammunition Market, Sub-Segmentation Of Artillery Shells, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Ammunition Market, Sub-Segmentation Of Mortars, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Global Ammunition Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Global Ammunition Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: Asia-Pacific, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: Asia-Pacific, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: China, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: China, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: India, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: India, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Japan, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Japan, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Australia, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Australia, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: Indonesia, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: Indonesia, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: South Korea, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: South Korea, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: Western Europe, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: Western Europe, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: UK, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: UK, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: Germany, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: Germany, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: France, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: France, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Italy, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Italy, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Spain, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Spain, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Eastern Europe, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Eastern Europe, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: Russia, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: Russia, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: North America, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: North America, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: USA, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: USA, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: Canada, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: Canada, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: South America, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: South America, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Brazil, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Brazil, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Middle East, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Middle East, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Africa, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 79: Africa, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 80: General Dynamics Corporation Financial Performance

Table 81: Northrop Grumman Corporation Financial Performance

Table 82: CBC Global Ammunition Financial Performance

Table 83: Lapua Ammunition Financial Performance

Table 84: Olin Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Ammunition Market, Sub-Segmentation Of Bullets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Ammunition Market, Sub-Segmentation Of Aerial Bombs, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Ammunition Market, Sub-Segmentation Of Grenades, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Ammunition Market, Sub-Segmentation Of Artillery Shells, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Ammunition Market, Sub-Segmentation Of Mortars, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Global Ammunition Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Global Ammunition Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: Asia-Pacific, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: Asia-Pacific, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: China, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: China, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: India, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: India, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Japan, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Japan, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Australia, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Australia, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: Indonesia, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: Indonesia, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: South Korea, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: South Korea, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: Western Europe, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: Western Europe, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: UK, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: UK, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: Germany, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: Germany, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: France, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: France, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Italy, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Italy, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Spain, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Spain, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Eastern Europe, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Eastern Europe, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: Russia, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: Russia, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: North America, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: North America, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: USA, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: USA, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: Canada, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: Canada, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: South America, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: South America, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Brazil, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Brazil, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Middle East, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Middle East, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Ammunition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Africa, Ammunition Market, Segmentation By Caliber, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 79: Africa, Ammunition Market, Segmentation By Guidance Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 80: General Dynamics Corporation Financial Performance

Figure 81: Northrop Grumman Corporation Financial Performance

Figure 82: CBC Global Ammunition Financial Performance

Figure 83: Lapua Ammunition Financial Performance

Figure 84: Olin Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the Ammunition market?

How will the Ammunition market drivers and restraints affect the market dynamics? What forces will shape the Ammunition industry going forward?

The Ammunition market major growth driver - Increased Defense Expenditure Fuels Growth In The Ammunition Market h. For further insights on the Ammunition market, request a sample here

What is the forecast market size or the forecast market value of the Ammunition market?

The Ammunition market size has grown strongly in recent years. The ammunition market size has grown strongly in recent years. It will grow from $28.43 billion in 2024 to $30.29 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to military modernization, global defense budgets, increased terrorism threats, weapon system upgrades, regional security concerns, law enforcement needs. The ammunition market size is expected to see strong growth in the next few years. It will grow to $40.31 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to modern warfare requirements, counterterrorism operations, cybersecurity concerns, global arms trade, civil unrest and public safety. Major trends in the forecast period include non-lethal ammunition, propellant and casing technologies, sustainable practices in ammunition manufacturing, miniaturization of ammunition, enhanced training ammunition. For further insights on the Ammunition market, request a sample here

How is the Ammunition market segmented?

The ammunition market covered in this report is segmented –
1) By Product: Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars
2) By Caliber: Small, Medium, Large, Other Calibers
3) By Guidance Mechanism: Non-guided, Guided
4) By Application: Defense, Less-lethal Subsegments:
1) By Bullets: Centerfire Bullets, Rimfire Bullets, Hollow Point Bullets, Full Metal Jacket Bullets, Tracer Bullets
2) By Aerial Bombs: Guided Bombs, Unguided Bombs, Cluster Bombs, Incendiary Bombs
3) By Grenades: Fragmentation Grenades, Smoke Grenades, Stun Grenades, Tear Gas Grenades
4) By Artillery Shells: High-Explosive Shells, Guided Artillery Shells, Smoke Shells, Illuminating Shells
5) By Mortars: Mortar Bombs, Illumination Mortar Shells, Smoke Mortar Shells, High-Explosive Mortar Shells For further insights on the Ammunition market, request a sample here

Which region has the largest share of the Ammunition market? What are the other regions covered in the report?

North America was the largest region in the ammunition market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ammunition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Ammunition market, request a sample here.

Who are the major players in the Ammunition market?

What are the key trends in the Ammunition market?

Major trends in the Ammunition market include Focus On Research And Development Initiatives Enhanced Ammunition Market. For further insights on the Ammunition market, request a sample here.

What are the major opportunities in the Ammunition market? What are the strategies for the Ammunition market?

For detailed insights on the major opportunities and strategies in the Ammunition market, request a sample here.

How does the Ammunition market relate to the overall economy and other similar markets?

For detailed insights on Ammunition's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Ammunition industry?

For detailed insights on the mergers and acquisitions in the Ammunition industry, request a sample here.

What are the key dynamics influencing the Ammunition market growth? SWOT analysis of the Ammunition market.

For detailed insights on the key dynamics influencing the Ammunition market growth and SWOT analysis of the Ammunition industry, request a sample here.