The Global Ammunition Market Size collected USD 26.0 Billion in 2022 and is set to achieve a market size of USD 39.1 Billion in 2032 growing at a CAGR of 4.3% from 2023 to 2032.
Ammunition can be broadly defined as anything which can be used in combat such as missiles, anti-personnel mines, land mines, bombs, warheads, and naval mines. The word ammunition comes from the word French la munitions i.e. all those materials used for battles and war. Munitions are the collective term for all forms of ammunition. Ammunition involves the general use of weapons, End-User of fire to targets, propellants and explosives, high explosive projectiles, cartridge systems, attack on aircraft and armor, warheads, fuzes, carrier projectiles, small arms ammunition, mortar ammunition, mines, grenades, improved traditional munitions, terminally precision-guided munitions and pyrotechnics. Modern ammunition also includes aircraft-delivered bombs, rockets, and, smart bombs among other explosive-bearing propellants. The lethality and destructive power of ammunition systems might be strenuous to appreciate but armed forces witness the accuracy of ammunition as just another survival tool in front of the enemy. Ammunition designs are determined by their purpose while anti-personnel ammunition is designed to tumble the target to maximize the overall damage. Whereas, armor-piercing ammunition is generally sharp, hard, and narrow in shape and size. Some common Calibers of military machine guns and rifles include 5.56 mm, 7.62 mm, and 5.45 mm. Battle tanks employ KE-penetrators to combat armored fighting vehicles and other tanks generally for soft targets including infantry.
Ammunition Market Report Statistics
- Global ammunition market revenue is estimated to reach USD 39.1 Billion by 2032 with a CAGR of 4.3% from 2023 to 2032
- North America ammunition market value occupied more than USD 8.1 billion in 2022
- Asia-Pacific ammunition market growth will register a CAGR of more than 4.5% from 2023 to 2032
- Among caliber, the lithium-ion sub-segment generated around 51% share in 2022
- Based on product, the centerfire sub-segment generated US $ 16.9 billion revenue in 2022
- Emergence of new players in the market is a popular ammunition market trend that fuels the industry demand
Global Ammunition Market Dynamics
Market Drivers
- Growing defense and security needs
- Increasing trend of hunting and shooting sports
- Rising use of robotics in ammunition production
- Development of advanced ammunition
Market Restraints
- Stringent government regulations
- Volatility in raw material prices
- Increasing popularity of non-lethal weapons
Market Opportunities
- Global conflicts and geopolitical tensions
- Emergence of new players in the market
- Growing demand for training and simulation ammunition
Ammunition Market Report Coverage
| Market |
Ammunition Market |
| Ammunition Market Size 2022 |
USD 26.0 Billion |
| Ammunition Market Forecast 2032 |
USD 39.1 Billion |
| Ammunition Market CAGR During 2023 - 2032 |
4.3% |
| Ammunition Market Analysis Period |
2020 - 2032 |
| Ammunition Market Base Year |
2022 |
| Ammunition Market Forecast Data |
2023 - 2032 |
| Segments Covered |
By Caliber, By Product, By Type, By End-User, And By Geography
|
| Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled |
BAE Systems, Inc., General Dynamics Corporation, Fiocchi Munizioni S.p.A., FN Herstal, Hanwha Corporation, Nexter KNDS Group, Northrop Grumman Corporation, Olin Corporation, Remington Arms Company LLC, Rheinmetall Defense, and ST Engineering.
|
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
Ammunition Market Growth Factors
Developing and procuring enhanced ammunition and weaponry has become strongly competitive over the past few years. Arms and ammunition are considered to be a way to safeguard a nation from foreign forces and comprise a large portion of the country’s annual expenditure. Increasing concerns about unfavorable geopolitical threats and disputes from terrorists is a key factor significantly resulting in increased demand for ammunition and weaponry which, in turn, is driving the growth of the global ammunition market. Moreover, huge spending on defense and military R&D, especially by developed economies, and increasing defense budgets of emerging economies to meet the rising demand for efficient, reliable, and advanced ammunition as well as the growing trend of military modernization are some key factors anticipated to fuel the demand for ammunition, globally. In addition, increasing focus on weight, range, the lethality of ammunition, and precision, is expected to further spur the demand for ammunition. The introduction of guided precision ammunition is one of the essential technologies which is projected to steadily impact the global ammunition market over the forecast period. Also, the military sector across the globe is witnessing huge demand for all Calibers of bullets with all calibers, bombs, tanks, etc. Also, civil sales and law enforcement of ammunition are other key element driving the global ammunition market.
Ammunition Market Segmentation
The worldwide ammunition market is categorized based on caliber, product, type, end-user, and geography.
Ammunition Market By Caliber
- Small Caliber
- 5.56 mm
- 7.62 mm
- 7.62 x 51 mm
- 7.62 x 39 mm
- Others
- 9 mm
- 9 x 18 mm
- 9 x 19 mm
- Others
- Medium Caliber
- Large Caliber
- Rockets, Missiles, and Other
- Tank Ammunition
- Artillery Ammunition
According to our ammunition industry analysis, the small calibre ammunition segment captured the most market share, as small calibre ammunition is widely used for a variety of purposes, including hunting, shooting sports, and self-defense. Small calibre ammunition is also commonly used by law enforcement and military forces, which drives demand for this segment even further. Furthermore, small calibre ammunition is typically less expensive than larger calibre ammunition, making it more affordable to a wider range of consumers. However, it is difficult to confirm this statement with certainty in the absence of specific market data.
Ammunition Market By Product
Centerfire ammunition products will dominate the ammunition market, according to the ammunition market forecast, because centerfire cartridges are commonly used in handguns, rifles, and shotguns. Centerfire ammunition is widely used for a variety of applications, including sport shooting, hunting, and personal defense, and is known for its accuracy and dependability. However, it is difficult to confirm this statement with certainty in the absence of specific market data.
Ammunition Market By Type
- Bullets
- Aerial Bombs
- Grenades
- Mortars
- Artillery Shells
- Others
Bullets dominate the entire ammunition market because there are many different types of bullets that serve different purposes and are used in various firearms. Hollow point (HP), full metal jacket (FMJ), soft point (SP), and ballistic tip (BT) bullets are some examples of bullet types. Law enforcement and military needs, hunting and shooting trends and legal regulations can all influence the popularity and demand for each type of bullet. Furthermore, different bullet calibers may be more popular in specific regions or for specific applications.
Ammunition Market By End-User
- Civil & Commercial
- Sports
- Hunting
- Self Defense
- Defense
Defense end-use organizations, such as the military and law enforcement agencies, are major consumers of ammunition for a variety of applications, including training, operations, and missions, and thus hold the largest market share in the ammunition industry. Factors such as geopolitical tensions, military conflicts, and rising global terrorism threats drive ammunition demand in the defense sector. As the popularity of hunting and shooting sports grows, particularly in emerging economies, the civil and commercial end-use segment is expected to grow at the fastest rate in the ammunition industry. Furthermore, due to growing safety concerns, demand for ammunition for personal defense is increasing in some regions.
Ammunition Market Regional Outlook
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Ammunition Market Regional Analysis
The ammunition market in North America includes the manufacture, sale, and distribution of firearm ammunition in countries such as the United States, Canada, and Mexico. Increased supply of ammunition from law enforcement and military agencies, as well as the rising influence of hunting and shooting sports, are driving the market. Demand for ammunition is anticipated to be the highest in regions like Asia-Pacific and Europe due to an increase in terrorist activities. Moreover, countries like India, China, Pakistan, Iran, Iraq, Russia, etc. are expected to be the major contributors to the global ammunition market over the forecast period.
Ammunition Market Players
Some of the leading ammunition companies include BAE Systems, Inc., General Dynamics Corporation, Fiocchi Munizioni S.p.A., FN Herstal, Hanwha Corporation, Nexter KNDS Group, Northrop Grumman Corporation, Olin Corporation, Remington Arms Company LLC, Rheinmetall Defense, and ST Engineering.
CHAPTER 1. Industry Overview of Ammunition Market
1.1. Definition and Scope
1.1.1. Definition of Ammunition
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Ammunition Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Ammunition Market By Caliber
1.2.3. Ammunition Market By Product
1.2.4. Ammunition Market By Type
1.2.5. Ammunition Market By End-User
1.2.6. Ammunition Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Ammunition Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Ammunition Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Regulatory Compliance
3.9. Competitive Landscape, 2022
3.9.1. Player Positioning Analysis
3.9.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022
4.2. R&D Status of Major Manufacturers in 2022
CHAPTER 5. Ammunition Market By Caliber
5.1. Introduction
5.2. Ammunition Market Revenue By Caliber
5.2.1. Ammunition Market Revenue (USD Billion) and Forecast, By Caliber, 2020-2032
5.2.2. Small Caliber
5.2.2.1. Small Caliber Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.2. 5.56 mm
5.2.2.2.1. 5.56 mm Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.3. 7.62 mm
5.2.2.3.1. 7.62 mm Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.3.2. 7.62 x 51 mm
5.2.2.3.2.1. 7.62 x 51 mm Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.3.3. 7.62 x 39 mm
5.2.2.3.3.1. 7.62 x 39 mm Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.3.4. Others
5.2.2.3.4.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3. Medium Caliber
5.2.3.1. Medium Caliber Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3.2. 23 mm
5.2.3.2.1. 23 mm Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3.3. 30 mm
5.2.3.3.1. 30 mm Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3.4. Others
5.2.3.4.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.4. Large Caliber
5.2.4.1. Large Caliber Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.4.2. VSHORAD
5.2.4.2.1. VSHORAD Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.4.3. 122 mm
5.2.4.3.1. 122 mm Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.4.4. Others
5.2.4.4.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.5. Rockets, Missiles, and Others
5.2.5.1. Rockets, Missiles, and Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.5.2. Tank Ammunition
5.2.5.2.1. Tank Ammunition Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.5.3. Artillery Ammunition
5.2.5.3.1. Artillery Ammunition Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 6. Ammunition Market By Product
6.1. Introduction
6.2. Ammunition Market Revenue By Product
6.2.1. Ammunition Market Revenue (USD Billion) and Forecast, By Product, 2020-2032
6.2.2. Rim Fire
6.2.2.1. Rim Fire Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.3. Centerfire
6.2.3.1. Nickel-Based Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 7. Ammunition Market By Type
7.1. Introduction
7.2. Ammunition Market Revenue By Type
7.2.1. Ammunition Market Revenue (USD Billion) and Forecast, By Type, 2020-2032
7.2.2. Bullets
7.2.2.1. Bullets Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3. Aerial Bombs
7.2.3.1. Aerial Bombs Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.4. Grenades
7.2.4.1. Grenades Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.5. Mortars
7.2.5.1. Mortars Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.6. Artillery Shells
7.2.6.1. Artillery Shells Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.7. Others
7.2.7.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 8. Ammunition Market By End-User
8.1. Introduction
8.2. Ammunition Market Revenue By End-User
8.2.1. Ammunition Market Revenue (USD Billion) and Forecast, By End-User, 2020-2032
8.2.2. Sports
8.2.2.1. Sports Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.3. Civil & Commercial
8.2.3.1. Civil & Commercial Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.3.2. Self Defense
8.2.3.2.1. Self Defense Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.3.3. Hunting
8.2.3.3.1. Hunting Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.3.4. Sports
8.2.3.4.1. Sports Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.4. Defense
8.2.4.1. Defense Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.4.2. Military
8.2.4.2.1. Military Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.4.3. Law Enforcement
8.2.4.3.1. Law Enforcement Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 9. North America Ammunition Market By Country
9.1. North America Ammunition Market Overview
9.2. U.S.
9.2.1. U.S. Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
9.2.2. U.S. Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
9.2.3. U.S. Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.2.4. U.S. Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
9.3. Canada
9.3.1. Canada Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
9.3.2. Canada Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
9.3.3. Canada Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.3.4. Canada Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
9.4. North America PEST Analysis
CHAPTER 10. Europe Ammunition Market By Country
10.1. Europe Ammunition Market Overview
10.2. U.K.
10.2.1. U.K. Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
10.2.2. U.K. Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
10.2.3. U.K. Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.2.4. U.K. Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
10.3. Germany
10.3.1. Germany Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
10.3.2. Germany Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
10.3.3. Germany Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.3.4. Germany Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
10.4. France
10.4.1. France Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
10.4.2. France Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
10.4.3. France Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.4.4. France Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
10.5. Spain
10.5.1. Spain Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
10.5.2. Spain Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
10.5.3. Spain Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.5.4. Spain Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
10.6. Rest of Europe
10.6.1. Rest of Europe Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
10.6.2. Rest of Europe Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
10.6.3. Rest of Europe Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.6.4. Rest of Europe Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
10.7. Europe PEST Analysis
CHAPTER 11. Asia-Pacific Ammunition Market By Country
11.1. Asia-Pacific Ammunition Market Overview
11.2. China
11.2.1. China Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
11.2.2. China Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
11.2.3. China Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
11.2.4. China Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
11.3. Japan
11.3.1. Japan Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
11.3.2. Japan Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
11.3.3. Japan Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
11.3.4. Japan Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
11.4. India
11.4.1. India Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
11.4.2. India Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
11.4.3. India Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
11.4.4. India Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
11.5. Australia
11.5.1. Australia Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
11.5.2. Australia Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
11.5.3. Australia Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
11.5.4. Australia Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
11.6. South Korea
11.6.1. South Korea Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
11.6.2. South Korea Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
11.6.3. South Korea Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
11.6.4. South Korea Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
11.7. Rest of Asia-Pacific
11.7.1. Rest of Asia-Pacific Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
11.7.2. Rest of Asia-Pacific Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
11.7.3. Rest of Asia-Pacific Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
11.7.4. Rest of Asia-Pacific Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
11.8. Asia-Pacific PEST Analysis
CHAPTER 12. Latin America Ammunition Market By Country
12.1. Latin America Ammunition Market Overview
12.2. Brazil
12.2.1. Brazil Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
12.2.2. Brazil Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
12.2.3. Brazil Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
12.2.4. Brazil Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
12.3. Mexico
12.3.1. Mexico Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
12.3.2. Mexico Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
12.3.3. Mexico Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
12.3.4. Mexico Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
12.4. Rest of Latin America
12.4.1. Rest of Latin America Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
12.4.2. Rest of Latin America Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
12.4.3. Rest of Latin America Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
12.4.4. Rest of Latin America Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
12.5. Latin America PEST Analysis
CHAPTER 13. Middle East & Africa Ammunition Market By Country
13.1. Middle East & Africa Ammunition Market Overview
13.2. GCC
13.2.1. GCC Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
13.2.2. GCC Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
13.2.3. GCC Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
13.2.4. GCC Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
13.3. South Africa
13.3.1. South Africa Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
13.3.2. South Africa Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
13.3.3. South Africa Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
13.3.4. South Africa Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
13.4. Rest of Middle East & Africa
13.4.1. Rest of Middle East & Africa Ammunition Market Revenue (USD Billion) and Forecast By Caliber, 2020-2032
13.4.2. Rest of Middle East & Africa Ammunition Market Revenue (USD Billion) and Forecast By Product, 2020-2032
13.4.3. Rest of Middle East & Africa Ammunition Market Revenue (USD Billion) and Forecast By Type, 2020-2032
13.4.4. Rest of Middle East & Africa Ammunition Market Revenue (USD Billion) and Forecast By End-User, 2020-2032
13.5. Middle East & Africa PEST Analysis
CHAPTER 14. Player Analysis Of Ammunition Market
14.1. Ammunition Market Company Share Analysis
14.2. Competition Matrix
14.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
14.2.2. New Product Launches and Product Enhancements
14.2.3. Mergers And Acquisition In Global Ammunition Market
14.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 15. Company Profile
15.1. BAE Systems, Inc.
15.1.1. Company Snapshot
15.1.2. Business Overview
15.1.3. Financial Overview
15.1.3.1. Revenue (USD Billion), 2022
15.1.3.2. BAE Systems, Inc. 2022 Ammunition Business Regional Distribution
15.1.4. Product /Service and Specification
15.1.5. Recent Developments & Business Strategy
15.2. General Dynamics Corporation
15.3. Fiocchi Munizioni S.p.A.
15.4. FN Herstal
15.5. Hanwha Corporation
15.6. Nexter KNDS Group
15.7. Northrop Grumman Corporation
15.8. Olin Corporation
15.9. Remington Arms Company LLC
15.10. Rheinmetall Defense
15.11. ST Engineering
