Arms Ammunition Market Benefits with 4.8% CAGR by 2027 | Reveals Emergen Research

Arms Ammunition Market

The rising investments in the defence budget for ammunitions &weapons, maritime &land security, attack operations, decreased manufacturing costs of guns, increasing usage of polymer, and growing demand for smart guns are some of the propelling factors that create a considerable opportunities for the arms & ammunition market.

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Prominent Players Profiled in the Arms Ammunition Market:

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., and Raytheon Company, among others.

Market Drivers

The arms & ammunition market size accounted for USD 24.30 billion in 2019 and is expected to account for USD 35.63 billion in 2027 growing at a CAGR of 4.8%. The market is prominently being driven by the factors like terrorist activities, cross-border conflict, increasing domestic insurgency, rising emphasis on self-defence, increasing political conflicts, broadening the number of armed law enforcement troops, new taskforce battalions, and the availability of the economical weapons with ammunition.

• Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
  • Arms
    1. Pistols
    2. Revolvers
    3. Rifles
    4. Machine Guns
    5. Shotguns
    6. Carbines
    7. Others
  • Ammunition
    1. Bullets
    2. Aerial Bombs
    3. Grenades
    4. Artillery Shells
    5. Mortars
    6. Launchers
    7. Others
  • 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
      1. 9mm
      2. 56mm
      3. 62mm
      4. 7mm
      5. .338 Lapua Magnum
      6. .338 Norma Magnum
      7. 5mm
      8. Others
    • Medium
      1. 20mm
      2. 25mm
      3. 30mm
      4. 40mm
      5. Others
    • High
      1. 60mm
      2. 81mm
      3. 120m
      4. 155mm
      5. Others
    • Technology Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
      • Guided
      • Unguided
    • Lethality Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
      • Lethal
      • Less-lethal
    • Component Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
      • Fuzes & Primers
      • Propellants
      • Bases
      • Projectiles and Warheads
      • Others
    • Materials Used Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
      • Steel
      • Aluminum
      • Polymer
      • Others

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Key highlights of the report:

1. Report Coverage: In this section of the report, significant information about the leading manufacturers, market segments, estimated timeline, and the most reliable products offered in this industry has been entailed.
2. Executive Summary:This section extensively assesses the competitive landscape, previous research studies, key market drivers, opportunities, restraints, challenges, trends, anticipated CAGR, and a study of micro- and macro-economic factors.
3. Regional Analysis: The report offers vital information related to the production capacity, demand and supply ratios, import &export status, and key players of the regional segments of the global Arms Ammunition market.
4. Company Profiles: The key market players have been profiled in the report based on their market value, volume, production capacity, product portfolios, and various other aspects.

Regional Outlook

On the basis of region, Asia Pacific witnessed the fastest growth in the arms & ammunition market during the forecast period, with a CAGR of 7.0%.Countries in the Asia Pacific lead by India, Pakistan, China, and South & North Korea are assigning a robust budget for their defence & law enforcement development purposes.North America,due to its growing investment in the defence & special taskforce budgets, especially in the U.S., and extensive development in the IT industry is anticipated to fuel the regional market growth.

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